[GavinMiles]

So I have a 2017 2SS Camaro I ordered that was built TPW 6/6 and will be delivered in a week or 2. My question is I want to know what you guys are getting from your dealers. My dealer said using GM Financial his system showed him based on 10kmi yr/36 mo. on a $47k MSRP and $2k down the following:

55% RV
.00215 MF
Top Credit Tier

Which came out to $800/mo. Are you all getting similar figures? And does anybody have any good other options? I am trying to get down to $600/mo no money down with supplier pricing and other incentives. I heard about the penfed auto loan saver, anybody have experience with that?

[SuperSound]

Originally Posted by GavinMiles

So I have a 2017 2SS Camaro I ordered that was built TPW 6/6 and will be delivered in a week or 2. My question is I want to know what you guys are getting from your dealers. My dealer said using GM Financial his system showed him based on 10kmi yr/36 mo. on a $47k MSRP and $2k down the following:

55% RV
.00215 MF
Top Credit Tier

Which came out to $800/mo. Are you all getting similar figures? And does anybody have any good other options? I am trying to get down to $600/mo no money down with supplier pricing and other incentives. I heard about the penfed auto loan saver, anybody have experience with that?

I've seen several others post similar numbers recently, which are pure terrible especially considering you can get 0% on 72 months financing for '16s right now.

I've actually just got approved for the PenFed payment saver and will be using it when my '17 comes in. The program is a great alternative to leasing and the lease rates we have been seeing are exactly why I choose it.

[Ace01]

Originally Posted by GavinMiles

So I have a 2017 2SS Camaro I ordered that was built TPW 6/6 and will be delivered in a week or 2. My question is I want to know what you guys are getting from your dealers. My dealer said using GM Financial his system showed him based on 10kmi yr/36 mo. on a $47k MSRP and $2k down the following:

55% RV
.00215 MF
Top Credit Tier

Which came out to $800/mo. Are you all getting similar figures? And does anybody have any good other options? I am trying to get down to $600/mo no money down with supplier pricing and other incentives. I heard about the penfed auto loan saver, anybody have experience with that?

That money factor sucks!!! it comes to 5.16%! I think you need to find another dealer. I can't stand any of the dealers in my area because they think you are a moron when it comes to the finance numbers. Call Becky and do the deal with her. Good MF should be around 3.5% or less in these markets. Money factor of .00146 is what you should be getting for a 2017 since the RV are higher than a 2016 Which comes to 3.5%

http://www.cars.com/go/advice/financ...nLeaseCalc.jsp

Excellent article on Leasing study it hard so you don't get ripped off!

http://www.edmunds.com/car-leasing/c...e-payment.html

I see you are located in NY. Might be the reason you have insane MF.

How much of a down payment did you give them? They think they have you by the balls. Don't let them take advantage of you. You can still walk away from the deal if you have to.

[raptor5244]

Yeah, welcome to GM Financial leasing. Last time I checked with my dealers they said GM Financial was the captive for leasing Camaros. That is what is killing most of the lease deals. I leased a loaded 2013 2SS 1LE through a 3rd party bank and 36 month RV was 62%, MF was .0010. So, on a $43k MSRP Camaro with $2k down I was paying $400 plus tax per month. When I went to inquire about the new 2016s a $45k 2SS was gonna lease out at $600 per month. The lower RV and much higher MF are a killer for leasing. I like leasing but I had to finance this time around.

That said, your payment still sounds too high. I see MSRP is 47k but what is the negotiated price? Even with only 2k off I get $659 per month plus tax. I would run the number through this calculator.

http://www.bankrate.com/calculators/...alculator.aspx

[Ace01]

Originally Posted by raptor5244

Yeah, welcome to GM Financial leasing. Last time I checked with my dealers they said GM Financial was the captive for leasing Camaros. That is what is killing most of the lease deals. I leased a loaded 2013 2SS 1LE through a 3rd party bank and 36 month RV was 62%, MF was .0010. So, on a $43k MSRP Camaro with $2k down I was paying $400 plus tax per month. When I went to inquire about the new 2016s a $45k 2SS was gonna lease out at $600 per month. The lower RV and much higher MF are a killer for leasing. I like leasing but I had to finance this time around.

That said, your payment still sounds too high. I see MSRP is 47k but what is the negotiated price? Even with only 2k off I get $659 per month plus tax. I would run the number through this calculator.

http://www.bankrate.com/calculators/...alculator.aspx

That is our payback after the taxpayer bailed them out. SUCKS!

[Luke1212385]

I leased mine for 46k (38 for the car and 8 for upside down trade in, live and learn i guess) and i did 48 months and 48,000 miles and it came out to 640

[442DMND]

I thought my deal was horrible with Ally Bank but looks like it might be better than GM financial numbers

I got 64% residual and .00328 MF. $703/mo including 9.75% tax for CA

MSRP was also 47k

[GavinMiles]

For anybody waiting on 17 lease numbers from GM Financial, Becky says they will be released on July 1 so hopefully will be better then what we are all seeing.

[442DMND]

Now I'm kind of hoping my dealer doesn't call before that because I won't be able to wait.

[Netslave]

$800 per month for a camaro? What a bargain.

[CAMAR0STEVE]

Ouch that money factor is bad. Mine is half of that and that sucks!

[Luke1212385]

Yeah trading in an upside down vehicle adds all that to the amount you lease so thats where you get screwed. Was gonna be 400 if it wasnt for that ��. But id rather pay the extra for the thrill of driving it everyday

[angelbones]

So this thread says new numbers come out July 1st. What are they? After seeing the OP, I'm now feeling like I didn't get screwed. I also did a 36m/10k and my MF was .0015 and RV of 59%. FWIW, I looked at BMW and MB leases and their coupes are also at 60% & 59% respectively. I guess the days of the German car companies subsidizing their leases are gone.

[raptor5244]

Originally Posted by angelbones

So this thread says new numbers come out July 1st. What are they? After seeing the OP, I'm now feeling like I didn't get screwed. I also did a 36m/10k and my MF was .0015 and RV of 59%. FWIW, I looked at BMW and MB leases and their coupes are also at 60% & 59% respectively. I guess the days of the German car companies subsidizing their leases are gone.

Yeah, the German car leases costs have been steadiliy increasing as their residual drop. Nobody wants to own those cars once the warranty like ends so the values plummet.