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Old 01-24-2021, 12:59 PM   #57
JBinSD
 
Drives: '23 LT Vert M6'16 Hyper 2SS Vert MT
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I just spoke to a dealer that insisted it only applies to A10 coupes, is there confirmation this applies across LT1 configs?
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Old 01-24-2021, 01:09 PM   #58
Vlavsky
 
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Quote:
Originally Posted by JBinSD View Post
I just spoke to a dealer that insisted it only applies to A10 coupes, is there confirmation this applies across LT1 configs?
Applies to all LT1 coupes the options do not matter. Mine is a 6 speed.

MF of 0.00028 and 64% for 39/10. I believe the convertible deal is a bit worse because the residual drops to 60% if I’m not mistaken
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Old 01-24-2021, 02:03 PM   #59
mikeman
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Originally Posted by CHASLT1 View Post
I hear Auto Ins is more also for a lease. I just never keep a car past 3 to 4 years. But may have no choice but to keep what i got as one day these kind of cars will no longer be made and cost of gas with Joe in office could go sky high down the road.
I really wouldn't worry about it. When the E-28 comes out during the next generation and does sub 2 sec 0-60's and single digit 1/4 mile times, people won't even care about the old gasoline powered 6th gen anymore. That is, except for collectors and diehard internal combustion engine enthusiasts.
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Old 01-24-2021, 02:17 PM   #60
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Originally Posted by mikeman View Post
I really wouldn't worry about it. When the E-28 comes out during the next generation and does sub 2 sec 0-60's and single digit 1/4 mile times, people won't even care about the old gasoline powered 6th gen anymore. That is, except for collectors and diehard internal combustion engine enthusiasts.

Real men won't forget
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Old 01-24-2021, 04:15 PM   #61
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Most manufacturers have a chart/scale they will provide (if asked) showing what damage is acceptable and what damage requires repairs or charges apply. Often you can purchase a policy (for lack of better terms) upfront in finance that will allow you to walk away not having to pay oop for minor dents, scratches, wheel curbing etc. It's not that costly upfront.. I did this on the "lil womans" leased Infinity.. for obvious reasons.

Leased vehicles are no more expensive to insure than purchased vehicles...from my experience of leasing different vehicles for years.

The current LT1 lease program lists the MSRP which is basically a base LT1, no options and mn6 tranny.
Adding additional options ie auto tranny, RS, tech, exaust etc add to cost and increases monthly payment above the advertised promotion.

Moving-up to an SS for example changes the lease numbers (increase) significantly as the other models, outside an LT1 do not qualify for similar pricing.

The current LT1 lease is for 10k miles annually. Thats approx 833 miles/month. Most will exceed this, however you can purchase additional miles fairly cheap upfront when signing. Last lease I signed was 10 cents/mi broke down was an additional $16/mo...no biggie.

It's a smoking deal IF you can find an LT1 with the color and options you desire. The mn6 LT1's seem to be in short supply near me.
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Old 01-24-2021, 04:27 PM   #62
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Originally Posted by mikeman View Post
I really wouldn't worry about it. When the E-28 comes out during the next generation and does sub 2 sec 0-60's and single digit 1/4 mile times, people won't even care about the old gasoline powered 6th gen anymore. That is, except for collectors and diehard internal combustion engine enthusiasts.
Ha, those people you're talking about won't care about cars per se. They will just get their "sentient home AI" (Alexa+ or whatever) order a wheeled appliance for their next ride driven by an autopilot so they can stay pinned to their phones uninterrupted, posting more insta-junk ever more efficiently.
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Old 01-24-2021, 04:43 PM   #63
JBinSD
 
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Can anyone confirm if the LT1 Lease program applies to convertibles? Local dealer says no.
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Old 01-24-2021, 05:05 PM   #64
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Originally Posted by arpad_m View Post
Ha, those people you're talking about won't care about cars per se. They will just get their "sentient home AI" (Alexa+ or whatever) order a wheeled appliance for their next ride driven by an autopilot so they can stay pinned to their phones uninterrupted, posting more insta-junk ever more efficiently while the world around them burns to the ground.
FIFY
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Old 01-24-2021, 05:06 PM   #65
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Originally Posted by JBinSD View Post
Can anyone confirm if the LT1 Lease program applies to convertibles? Local dealer says no.
You can lease anything.

It’s a matter of MSRP, rebates, rate, term, fees, down & residual that determine payment.
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Old 01-24-2021, 05:20 PM   #66
JBinSD
 
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You can lease anything.

It’s a matter of MSRP, rebates, rate, term, fees, down & residual that determine payment.
Yeah, I know I can lease anything (mostly). My question refers to the specific lease program that has the cheap MF and artificially high RV.
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Old 01-24-2021, 05:35 PM   #67
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Yeah, I know I can lease anything (mostly). My question refers to the specific lease program that has the cheap MF and artificially high RV.
It was explained prior. Residual is not calculated as high (% wise) on a vert.

There was also the incentive of employee pricing, which I believe has ended, so that made a big difference as well.

The residuals aren’t artificially high, per sé, it’s just a reflection of the current inflated used market. It’s true, but a snapshot of the current market only.
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