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Old 06-18-2016, 04:52 PM   #1373
442DMND
 
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Originally Posted by SuperSound View Post
Terrible. Have you considered the Penfed payment saver loan?

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I will look into that, thanks. They do admit it's horrible and I have about 2 weeks before the car arrives to decide. I called other dealers to see what they have for money factor but noone had numbers for 2017 MY yet.
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Old 06-18-2016, 04:54 PM   #1374
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Quote:
Originally Posted by 442DMND View Post
I will look into that, thanks. They do admit it's horrible and I have about 2 weeks before the car arrives to decide. I called other dealers to see what they have for money factor but noone had numbers for 2017 MY yet.
The program isn't for everyone but is a great alternative to a lease. Especially with that high interest. I'm betting it's not much more to finance with those lease numbers. Definitely a sign to look elsewhere.

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Old 06-18-2016, 04:54 PM   #1375
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Originally Posted by Kaizer_911 View Post
Why not finance it instead? Would get a better deal I feel. Unless you prefer to lease a vehicle.


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I thought about it. Their offer was $772/mo for 72 months with $1800 out of pocket. I signed paperwork but can still walk away before my car arrives.
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Old 06-18-2016, 04:55 PM   #1376
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Quote:
Originally Posted by 442DMND View Post
So I went to dealership to complete my lease paperwork. The money factor last time we spoke was .00150 with GM finance for a 2016. Dealer told me only one available right now for 2017 is .00328 through Ally. My payments went up from $615 to $703/mo for a lease. I'm thinking of walking away but then it's the exact car I wanted. I don't know what to do.

Here is the complete details:
$1840 out of pocket
$703/mo
36 mo 10k miles
.00328 money factor, 64% residual
MSRP $47,000
Gross cap cost $44,500

How bad am I getting ripped off over here, guys?
I'm not educated enough on leasing to give you a good answer, but wow...that price increase would almost certainly have me walking. For $100 a month, I think I could live with sacrificing an option here or there and lease a '16 off the lot if they still offer the lower money factor on those.
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2/5/2016: Ordered -- '16 order never picked up...
4/28/2016: Ordered '17
5/3/2016: 2000.......5/31/2016: 3400
5/4/2016: 3000.......6/14/2016: 3800
5/9/2016: 3000.......6/15/2016: 4200
TPW 6/6/2016..........6/17/2016: 4300
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Old 06-18-2016, 04:58 PM   #1377
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Originally Posted by Seawolf View Post
I'm not educated enough on leasing to give you a good answer, but wow...that price increase would almost certainly have me walking. For $100 a month, I think I could live with sacrificing an option here or there and lease a '16 off the lot if they still offer the lower money factor on those.
That's what I want to do as well but I believe there's no more 16's available with M6. Might have to look into financing it.
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Old 06-18-2016, 06:52 PM   #1378
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Originally Posted by 442DMND View Post
That's what I want to do as well but I believe there's no more 16's available with M6. Might have to look into financing it.
Hopefully the Private Offer you just snagged will help.

Regardless, I hope it works out for you, I mean you made it this far.
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Old 06-18-2016, 07:04 PM   #1379
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Quote:
Originally Posted by Seawolf View Post
I'm not educated enough on leasing to give you a good answer, but wow...that price increase would almost certainly have me walking. For $100 a month, I think I could live with sacrificing an option here or there and lease a '16 off the lot if they still offer the lower money factor on those.
I am and I was looking to lease before I decided on the Penfed payment saver. Based on his MSRP an "ok" deal should have been around $550 a month. But $700+ is plain robbery. Sounds like the RV was lower than normal too. It's definitely a "walk away" deal.
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Old 06-18-2016, 07:30 PM   #1380
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Appreciate the feedback, guys.
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Old 06-18-2016, 10:10 PM   #1381
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I just got a Private Offer!!!

Received it while building a Chevy Trax of all things.

The one thing that concerns me is that it says allowed on "eligible" Camaros....does that mean that not all Camaros are eligible?
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2/5/2016: Ordered -- '16 order never picked up...
4/28/2016: Ordered '17
5/3/2016: 2000.......5/31/2016: 3400
5/4/2016: 3000.......6/14/2016: 3800
5/9/2016: 3000.......6/15/2016: 4200
TPW 6/6/2016..........6/17/2016: 4300
5/25/2016: 3100......6/18/2016: 4200
5/28/2016: 3300......6/21/2016: 5000
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Old 06-18-2016, 10:31 PM   #1382
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Quote:
Originally Posted by Seawolf View Post
I just got a Private Offer!!!

Received it while building a Chevy Trax of all things.

The one thing that concerns me is that it says allowed on "eligible" Camaros....does that mean that not all Camaros are eligible?


Congrats! There are couple of us here that got one, myself included. Not sure what would restrict it but going to try and use it.


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Old 06-19-2016, 10:44 AM   #1383
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I got a private offer yesterday around 7pm
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Old 06-19-2016, 12:13 PM   #1384
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Saw that they were available again, so I snagged one at like 2am. Got it my first try just building the same car I ordered. Only hard part was that the website was sooooooooper slow. It's like everyone is on there trying to get one or something.

Now I hope my car gets here before the 30th...not sure how I'm going to stall if it gets here between July 1st and July 18th...
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Old 06-19-2016, 12:58 PM   #1385
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So can we apply the PO if we get the VIN before the 30th but the cars don't get delivered until after the 30th?
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Old 06-19-2016, 12:59 PM   #1386
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Quote:
Originally Posted by GavinMiles View Post
So can we apply the PO if we get the VIN before the 30th but the cars don't get delivered until after the 30th?


I would ask Becky or your dealer. Don't know for sure.

I snagged one in hopes I can take delivery this coming week.

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