[raptor5244]

Originally Posted by Ace01

This is why you never purchase new cars in this day and age. You work the best deal off of MSRP and then negotiate the best money factor for a 36 or 48-month lease. You will always be ahead. I leased a 2013 Volt for 36 months and at the end of the lease the buyout was $25 grand and the car was worth $16 grand. Guess what I just handed in the car at the end of the 36 months and lease company eats the loss, not me.

Your chevy volt example is a unique case since they figured the Volt would actually be worth something at the end of the lease. If you did the same thing with a Honda Civic or Toyota Corolla you would find the residuals are pretty much right on the money. The problem with leasing a Camaro is the resale is horrible and chevy knows it. So that is why they offer 52% residual after 36 months and a very high money factor. It will cost you $600 per month to lease a nicely equipped Camaro SS, which is about the same as financing one.

Also, some folks don't want to be limited to lease conditions like mileage and worry about perceived excess wear and tear. Nothing like going to turn in your lease vehicle and you get a bill for $1200 in tires because you are treadwear was 1/16 lower than spelled out in your lease agreement.

Leasing is a great option in some cases. I have leased many cars but they all usually meet the right criteria. High residual, low money factor and nice discount off of msrp. This is why Lexus has some great leases. Chevys, not so much.

[formoutofchaos]

Originally Posted by raptor5244

It won't hold any better than a regular SS. The target audience for the 1LE is even smaller than the regular SS. A track rat would love to pick up a lightly used 1LE after 2-3 years but most buyers won't even know what then 1LE package even is. Heck most dealers don't even know, they will just think it has cool wheels and wrapped hood.

The Corvettes hold their value a bit better, even in this weak sports car market.

Idk 1les seem more limited production

[ParisTNDude]

Yep, the old "depreciation" factor is huge. There is growing evidence that buying low mileage used cars a year old might be the right thing to do. I love my Camaro and don't expect to sell or trade ever...maybe.

I saw a 2016 Mustang GT Premium on the local Toyota used car lot. It was loaded and probably cost well over $44K new. They had it listed for $33K and I hate to think what the guy got on trade...probably under $30K.

[16Panther]

Originally Posted by raptor5244

Your chevy volt example is a unique case since they figured the Volt would actually be worth something at the end of the lease. If you did the same thing with a Honda Civic or Toyota Corolla you would find the residuals are pretty much right on the money. The problem with leasing a Camaro is the resale is horrible and chevy knows it. So that is why they offer 52% residual after 36 months and a very high money factor. It will cost you $600 per month to lease a nicely equipped Camaro SS, which is about the same as financing one.

Also, some folks don't want to be limited to lease conditions like mileage and worry about perceived excess wear and tear. Nothing like going to turn in your lease vehicle and you get a bill for $1200 in tires because you are treadwear was 1/16 lower than spelled out in your lease agreement.

Leasing is a great option in some cases. I have leased many cars but they all usually meet the right criteria. High residual, low money factor and nice discount off of msrp. This is why Lexus has some great leases. Chevys, not so much.

Without the benefit of seeing the numbers I doubt they missed on the Volt. The leasing company uses the high residual to calculate a low payment but collects the $7500 federal and any other tax incentive they didn't pass along to the customer.

As to leasing Chevy's, I'm all in. In the past couple years I've gotten the following with $0 down, 24 month, 12k/year:

'14 Camaro 2LS $161.40/mo
'15 Cruze 1LT $86/mo
'15 Malibu 1LT $126/mo

Ram trucks are just as good.

[1fujifilm]

Originally Posted by 16Panther

Without the benefit of seeing the numbers I doubt they missed on the Volt. The leasing company uses the high residual to calculate a low payment but collects the $7500 federal and any other tax incentive they didn't pass along to the customer.

As to leasing Chevy's, I'm all in. In the past couple years I've gotten the following with $0 down, 24 month, 12k/year:

'14 Camaro 2LS $161.40/mo
'15 Cruze 1LT $86/mo
'15 Malibu 1LT $126/mo

Ram trucks are just as good.

Agreed.
April 2015 I 24 month, 20k mile leased a 2015 Ram Quad cab with Hemi, 8 speed, 20's, hitch and a few other things with no money down, no first or last months payment, no additional bank fees. I do have to pay a $288.20 turn-in fee at the end though; 22 payments of $288.20 a month.

One more thing; at 18 months they begin to offer 2-5k in incentives to re-lease another vehicle.

[16Panther]

Originally Posted by 1fujifilm

Agreed.
April 2015 I 24 month, 20k mile leased a 2015 Ram Quad cab with Hemi, 8 speed, 20's, hitch and a few other things with no money down, no first or last months payment, no additional bank fees. I do have to pay a $288.20 turn-in fee at the end though; 22 payments of $288.20 a month.

One more thing; at 18 months they begin to offer 2-5k in incentives to re-lease another vehicle.

Was your's through Chrysler Capital or Ally? I did a pull ahead from my '13 Ram to my '15 so I'm not sure I saw that one. Off the top of my head I had pull ahead of 4 payments, lease conquest/loyalty ($2k), USAA ($1k but taken away from leases now), Affiliate (1% under invoice & ~$600) and a couple others I can't remember that have me at $277 in a Bighorn with every option including running boards, spray in bedlinen, heated seats/steering wheel, sunroof, etc with $0 down, 24 mo, 24k miles.

I am a bit leery of Chrysler Capital since they tried to claim damage after turn in on the '13 that wasn't there. I contested it and won but who needs the hassle. Ally is way easier to work with.

My GMC Acadia goes back in a week and GM Financial has been pretty easy going. Hopefully that remains the case.

I hope you enjoy your Ram!