Lease a Vette?
Drifting
Joined: Nov 2005
Posts: 1,406
Likes: 0
From: Dallas Tx
I say get one on a short term lease. 6-month or 1 year if they do that. That will give you time to figure out if you really like the car. Sometimes you can really get screwed trying to purchase a car you leased for 3 years or so. You're better off buying straight off the showroom floor.
So try to lease one for a short period if you can. Then If you want one just get one outright. Those "final payment" or "Baloon" payments can be not so good a deal once you break them down.
shane
So try to lease one for a short period if you can. Then If you want one just get one outright. Those "final payment" or "Baloon" payments can be not so good a deal once you break them down.
shane
Safety Car
Joined: Apr 2002
Posts: 4,653
Likes: 6
From: North Royalton, OH
St. Jude Donor '06-'07
I'm leasing mine, and no regrets from a first-timer. Do your homework before you head to the dealer and find the best rates out there. I went into my selling dealer with the best rates I could find printed out neatly and with a selling price entered that matched the car I wanted - told him I was driving a few hundred miles to pick up the car that afternoon, but hey, he's got just what I want sitting on the lot right now. Care to deal? The total of my monthly payments plus the 24K buyout at the end of the lease are still 10K below the sticker price. I also have a transferable lease, so if I ever need to back out, I can get the car into someone else's name at the same rate and buyout for less than $50. There are deals out there - just familiarize yourself with leasing before you make the deal. 
Melting Slicks
Joined: Apr 2005
Posts: 3,216
Likes: 4
From: ---Phoenix, AZ --- Boiler Up, Hammer Down!
Originally Posted by uloozer
Has anyone ever leased? Just curious, checking my options on purchasing a C6...
It depends on your intentions down the road with the car. Some people will not lease for various reasons. I don't drive a lot of miles because I travel for work so I am under the allotment of miles. Also, I lease a new car every 3 years so I don't mind not owning the car as I don't want to deal with selling it myself or dealing with getting screwed on a low trade offer.
Goodluck on whatever decision you make!
Pro
Joined: Mar 2002
Posts: 632
Likes: 0
From: Enterprise AL
Originally Posted by BSiegPaint
I'm leasing mine, and no regrets from a first-timer. Do your homework before you head to the dealer and find the best rates out there. I went into my selling dealer with the best rates I could find printed out neatly and with a selling price entered that matched the car I wanted - told him I was driving a few hundred miles to pick up the car that afternoon, but hey, he's got just what I want sitting on the lot right now. Care to deal? The total of my monthly payments plus the 24K buyout at the end of the lease are still 10K below the sticker price. I also have a transferable lease, so if I ever need to back out, I can get the car into someone else's name at the same rate and buyout for less than $50. There are deals out there - just familiarize yourself with leasing before you make the deal.
Now granted I could have financed the payments on a conventional auto loan, but that would have made my monthly payments nearly double. I wanted to have money left over each month to actually buy gas to drive it. My current plan to buy it out will result in having a 24 36 month low interest payment, or I could just turn it in for a new C6 z06.......
I don't mind paying up to another 36 months since we almost always have a car payment anyway. Might as well be on one that I enjoy. 
Lifetime Member
Joined: Dec 2002
Posts: 10,702
Likes: 76
From: New Jersey
St. Jude Donor '05, '12-'13, '15-'16, '21
I initially leased my but with the full intent to buy. The deal at that time, when compared to finance purchase was more attractive. You need to compare the two options. For lease, look at the particulars such as mileage....if you go over the allowed miles you'll get dinged big time. Look at the residual value....which will be the number you will need to re-finance if you elect to convert from lease or payoff. Consider any restrictions on modding while you have the car under lease. Also, look at where interest rates may be heading 18 to 36 mos out. If as many suspect they are heading north, finance purchase may be the way to go.
Good luck.
Good luck.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Top 10 Corvette Engines RANKED by Peak Torque (70+ Years of Muscle!)
Joe Kucinski
Corvette ZR1X Will Be Pacing the Indy 500, And Could Probably Race, Too!
Verdad Gallardo
Top 10 Corvettes Coming to Mecum Indy 2026!
Brett Foote
Top 10 C9 Corvette MUST-HAVES to Fix These C8 Generation Flaws!
Michael S. Palmer
10 Revolutionary 'Corvette Firsts' Most People Don't Know
Joe Kucinski
5 Reasons to Upgrade to an LS6-Powered Corvette; 5 Reasons to Stay LT2
Michael S. Palmer
Pro
Joined: Dec 2003
Posts: 502
Likes: 1
From: Fountain hills AZ
Originally Posted by BSiegPaint
I'm leasing mine, and no regrets from a first-timer. Do your homework before you head to the dealer and find the best rates out there. I went into my selling dealer with the best rates I could find printed out neatly and with a selling price entered that matched the car I wanted - told him I was driving a few hundred miles to pick up the car that afternoon, but hey, he's got just what I want sitting on the lot right now. Care to deal? The total of my monthly payments plus the 24K buyout at the end of the lease are still 10K below the sticker price. I also have a transferable lease, so if I ever need to back out, I can get the car into someone else's name at the same rate and buyout for less than $50. There are deals out there - just familiarize yourself with leasing before you make the deal.
Advanced
Joined: May 2005
Posts: 68
Likes: 0
From: LOS ANGELES CA
im a gmfinance manager , leasing is not a better deal if you plan on buying at end period . there was one guy who said after his buy out he saved 10 grand under sticker does not know what he is talking about ,leasing is fine if you throw the keys back at the end . the vehicle will depreciate no matter what . and if you not carefull they can make more money on a lease if the get you on the rate or sometimes called money factor which is the same you just need the equation to convert money factor into rate .00255 is a money factor which could translate to 8 % leasing is fine but if you lease it and refinance the balance you know paid all intrest and then re finance balance for 6 years you know paid intrest on both terms. but if this is all you can afford and you want bad enough then you can . 
