Will you lease now?

Cipher21 · 08-24-2015, 11:02 AM

I know many people were less than pleased with the release of the price of the 2SS. I wonder if this will push people into leasing it if so what are our best guesses on price per month of a 48 month 12,000 miles a year?(I know there is little info on any of this but educated guesses there are lots of smart people on here)

Curr · 08-24-2015, 11:11 AM

I doubt I'll look at leasing because I won't go above my set budget, and I don't *have* to have a 2SS. But I do see it as a viable strategy for a lot of people.

You end up paying more in the long run, but spread that difference out over 8 years (3yr lease, 5 yr loan), and it's a lot more palatable for some people. Co-worker bought a top of the line Tundra, and leased it for the first 3 years, then bought it. He's happy with the pricing, and month to month, it helped him pay his other bills.

tripowergto · 08-24-2015, 11:19 AM

I will very likely lease a LT Camaro as I purchased my C7 Vette and can't afford two full car payments. I will be watching to see which Camaro model GM gives a lease subsidy to once supply meets demand. With no Turbo 4 available at launch perhaps GM will package a V6 auto together with reasonable lease rates much like they did with the 2LS cars.

cwl011 · 08-24-2015, 11:53 AM

If you get the residual at a great price you will actually be fine. after 3yrs the interest on the residual will be way lower due to financing a smaller sum and there is no interest on the lease.

VTELotus · 08-24-2015, 11:59 AM

This is exactly what I was planning on doing from the start. My configuration RS 1lt came out to about 34k(which feels high for clothe) I figure 10% down my Lease will be right around $300 a month. Chevy "in the past" has very competitive lease rates. Fingers crossed that will continue.

SSport16 · 08-24-2015, 12:08 PM

Not sure how the lease rates will be in the beginning. They have good lease rates on the 5th gen now, but I doubt the 6th gen will have good rates at the start. Probably by next year sometime they will get better.

suzook · 08-24-2015, 07:28 PM

Quote:

Originally Posted by Cipher21

I know many people were less than pleased with the release of the price of the 2SS. I wonder if this will push people into leasing it if so what are our best guesses on price per month of a 48 month 12,000 miles a year?(I know there is little info on any of this but educated guesses there are lots of smart people on here)

About $500 a month with no money down.

Cipher21 · 08-25-2015, 07:39 AM

Quote:

Originally Posted by suzook

About $500 a month with no money down.

I'm thinking high 400's and about 400 even for 3K down.

DDustiNN · 08-25-2015, 09:19 AM

Can you custom order a lease?

I generally prefer leasing, and I know it wasn't an option when the 5th gen came out, so I had to buy. I would certainly enjoy a lower payment, full warranty, and easy upgrade for the next big thing

Curr · 08-25-2015, 09:23 AM

Quote:

Originally Posted by DDustiNN

Can you custom order a lease?

I generally prefer leasing, and I know it wasn't an option when the 5th gen came out, so I had to buy. I would certainly enjoy a lower payment, full warranty, and easy upgrade for the next big thing

I would assume, yes. Best to call your local dealer. Might be tougher on such a new car, but I was talking to a Dodge dealership about Scat Packs, and was told I could order a car and either lease it or buy it. Either way they get a sale, and your money.

Cipher21 · 08-25-2015, 10:00 AM

Quote:

Originally Posted by DDustiNN

Can you custom order a lease?

I generally prefer leasing, and I know it wasn't an option when the 5th gen came out, so I had to buy. I would certainly enjoy a lower payment, full warranty, and easy upgrade for the next big thing

I talked to my dealer yesterday and he said that I could lease and all my discounts will still apply so really hoping for that 400 mark

SSport16 · 08-25-2015, 10:29 AM

Quote:

Originally Posted by Cipher21

I talked to my dealer yesterday and he said that I could lease and all my discounts will still apply so really hoping for that 400 mark

The residual values will be low on the 6th gen when it first comes out. so lease payments will be higher in the beginning, I could be wrong, but I doubt you will get a good deal on a lease for these cars, at least in the beginning.

bahighroller · 08-25-2015, 03:39 PM

i may consider leasing now. But I will be waiting until next year to do anything.

classicrockr · 08-26-2015, 07:26 AM

I'm considering a lease for 3 years just to have the payments lower initially. this car seems like it has all the tech that my 2012 didn't, so I'll likely keep it for at least 10 years.

After the 3 years, I'll buy the car, so being over the mileage limits won't matter.

This plan may make me pay just a little bit more than buying it outright, but I've got a lot of uncertainties (selling my house, etc) over the next 1.5 years that make a lease the safest thing. PLUS, the component coverage warranty is about to expire on my vert & they're replacing the water management bags this week. If I have to pay for any repairs to the top, I may as well have bought a 6th gen!

08-24-2015, 11:02 AM	#1
Cipher21 Drives: 2010 Camaro 2LT Join Date: Jul 2015 Location: VA Posts: 240	Will you lease now? I know many people were less than pleased with the release of the price of the 2SS. I wonder if this will push people into leasing it if so what are our best guesses on price per month of a 48 month 12,000 miles a year?(I know there is little info on any of this but educated guesses there are lots of smart people on here)

08-24-2015, 11:11 AM	#2
Curr Probably doesn't like you Drives: 2022 WCT ZL1 M6 Join Date: Jun 2015 Location: Boston-ish Posts: 1,382	I doubt I'll look at leasing because I won't go above my set budget, and I don't have to have a 2SS. But I do see it as a viable strategy for a lot of people. You end up paying more in the long run, but spread that difference out over 8 years (3yr lease, 5 yr loan), and it's a lot more palatable for some people. Co-worker bought a top of the line Tundra, and leased it for the first 3 years, then bought it. He's happy with the pricing, and month to month, it helped him pay his other bills. __________________ I hope the 6th gen Camaro has a melodious horn trumpet. I'll tootel it at the ladies, yelling out "Hi hi." - RenegadeXR كافر ΜΟΛΩΝ ΛΑΒΕ железобетонное очко Quod gratis asseritur, gratis negatur. There is an unequal amount of good and bad in most things, the trick is to work out the ratio and act accordingly.

08-24-2015, 11:19 AM	#3
tripowergto WHEELIEFEST 22 ~ 8/14/21 Drives: 18 HW, 16 Vette, 09 G8 GT, 02 Formu Join Date: Jan 2011 Location: Rockin' Rowland PA Posts: 278	I will very likely lease a LT Camaro as I purchased my C7 Vette and can't afford two full car payments. I will be watching to see which Camaro model GM gives a lease subsidy to once supply meets demand. With no Turbo 4 available at launch perhaps GM will package a V6 auto together with reasonable lease rates much like they did with the 2LS cars. __________________ 24 Panther 3LT RS Camaro 6SPD 21 Cadillac CT5 Sport 18 Hot Wheels 2SS convertible 16 Torch Red Corvette 2LT 7SPD 10 Inferno Orange Camaro 2SS 426 HP LS3 "MAIDEN" (TOTALED!) 09 Stryker Blue G8 GT w/sport/prem/sunroof 02 Firebird Formula LS1 HURST 6SPD(1st new car)

08-24-2015, 12:08 PM	#6
SSport16 Drives: 2016 Garnet Red Camaro 2SS Join Date: Jul 2015 Location: North Carolina Posts: 5,435	Not sure how the lease rates will be in the beginning. They have good lease rates on the 5th gen now, but I doubt the 6th gen will have good rates at the start. Probably by next year sometime they will get better. __________________ 2SS Camaro, Garnet Red, Adrenaline Red, NPP, MRC, A8, 5 Split Spoke Bright Silver Wheels (56W) 1100 Status - 7/24/15 (Ordered) 3800 Status - 10/13/15 (Built) 6000 Status - 12/22/15 (Delivered)

08-24-2015, 11:53 AM	#4
cwl011 Drives: 2016 Camaro 2SS Join Date: May 2015 Location: Media, PA Posts: 349	If you get the residual at a great price you will actually be fine. after 3yrs the interest on the residual will be way lower due to financing a smaller sum and there is no interest on the lease.

08-24-2015, 11:59 AM	#5
VTELotus Drives: Wating to buy first Camaro 2016 Join Date: Jul 2015 Location: Aliso Viejo, Southern California Posts: 11	This is exactly what I was planning on doing from the start. My configuration RS 1lt came out to about 34k(which feels high for clothe) I figure 10% down my Lease will be right around $300 a month. Chevy "in the past" has very competitive lease rates. Fingers crossed that will continue.

08-25-2015, 09:19 AM	#9
DDustiNN Drives: Cars Join Date: Feb 2009 Location: N/A Posts: 1,986	Can you custom order a lease? I generally prefer leasing, and I know it wasn't an option when the 5th gen came out, so I had to buy. I would certainly enjoy a lower payment, full warranty, and easy upgrade for the next big thing

08-25-2015, 03:39 PM	#13
bahighroller Drives: 2011 2SS Join Date: Apr 2014 Location: Oklahoma Posts: 42	i may consider leasing now. But I will be waiting until next year to do anything.

08-26-2015, 07:26 AM	#14
classicrockr Pills are for Pansies Drives: 2023 2SS Red Hot Vert Camaro Join Date: Jul 2008 Location: Citrus Springs FL Posts: 1,296	I'm considering a lease for 3 years just to have the payments lower initially. this car seems like it has all the tech that my 2012 didn't, so I'll likely keep it for at least 10 years. After the 3 years, I'll buy the car, so being over the mileage limits won't matter. This plan may make me pay just a little bit more than buying it outright, but I've got a lot of uncertainties (selling my house, etc) over the next 1.5 years that make a lease the safest thing. PLUS, the component coverage warranty is about to expire on my vert & they're replacing the water management bags this week. If I have to pay for any repairs to the top, I may as well have bought a 6th gen!

User Name		Remember Me?
Password