Question
Thread Starter
Pro
Joined: May 2000
Posts: 619
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From: Thonotosassa Florida
Question
Has anyone considered leasing their Corvette? We have a dealer down in the Tampa Bay area offering 24 month leases with 1K down for under $450 per month. I am not sure but I think that is for 10K miles per year.
Cruising
Joined: Jan 2012
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From: Shelby Twp MI
Thread Starter
Pro
Joined: May 2000
Posts: 619
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From: Thonotosassa Florida
Veterans Ford. I think it might be a gimmick. They did just sell a 2007 Z06 with 24K miles for $43 which was a decent price. Someone out of state purchased the vehicle. They also just took in a 2011 Grand Sport for around $47K.
Le Mans Master
Joined: Sep 2006
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From: Palm Harbor not far from Sebring Florida
St. Jude Donor '11
Oldtimer
Boy that sure does not say much for Ford, when a dealer is going around picking up C6 and then lease them.
I am in the Tampa Bay area
I am in the Tampa Bay area
Cruising
Joined: Jan 2012
Posts: 14
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From: Shelby Twp MI
It surprises me that they can even offer a lease on a used car. I knew a time when that was possible, but not anymore. I know for a fact Ford Credit would not do this lease. I was just on the website and there is no mention on a lease for the grand sport they have.
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Safety Car
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From: This is not a Song, It's an Outburst: Or, The Establishment Blues; Sixto Diaz Rodriguez
Pro
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From: Rio Rancho NM
For a daily driver, 15K is minimum and most of 'em are written up that way anyhoo. No trips!
--Wag--
Safety Car
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From: This is not a Song, It's an Outburst: Or, The Establishment Blues; Sixto Diaz Rodriguez
Yep, no sweat...And I know, you know, they get pretty pricey per mile, when you go over the contract limit. 
The OP may want to reconsider and do more due diligence on this one.
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Really never have thought about leasing a Vette. In fact, I've never really given leasing any car much thought. I guess leasing works for a lot of people though.
Le Mans Master
Joined: Jun 2009
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From: South Dakota
Drifting
Joined: Mar 2011
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From: Richardson TX
Is this leasing a c5? I wouldn't bother with a ~10 year old car.
Hell, my payments on my '03 are less than $450 a month, and then after I pay them I will own it forever and not care about mileage and do whatever the heck I want to the car.
Hell, my payments on my '03 are less than $450 a month, and then after I pay them I will own it forever and not care about mileage and do whatever the heck I want to the car.
Pro
Joined: Apr 2012
Posts: 526
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From: Maine
I've never understood why anyone would "Rent" any car the math just doesn't make sense to me. The only guess I can come up with is people want more then they can afford, and are willing to get ripped off just to get it?
Don't get me started on those Rent to Own places, they just make their money off stupid people.
Don't get me started on those Rent to Own places, they just make their money off stupid people.
Pro
Joined: May 2011
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From: Boiling Springs Pennsylvania
Oldtimer
I've never understood why anyone would "Rent" any car the math just doesn't make sense to me. The only guess I can come up with is people want more then they can afford, and are willing to get ripped off just to get it?
Don't get me started on those Rent to Own places, they just make their money off stupid people.
Don't get me started on those Rent to Own places, they just make their money off stupid people.
). You know what I mean.
Melting Slicks
Joined: Aug 2006
Posts: 3,270
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From: Chilliwack B.C.
They are not stupid; that's how they were brought up. Buy everything on time. Don't save till you have a decent down payment or look for the best loan rate. Just go into the dealer and when they ask, "how much can you afford per month?" And you say 450, guess what the loan monthly payment is...450 (for umteen years). The uneducated even pays sticker price. I know too many "very smart" people who, when it comes to cars, are just very dumb (oops ). You know what I mean.
). You know what I mean. You REALLY have to know the figures to lease. For business purposes - maybe. You get tax benefits but you still have to pay something!! For the majority of people it just doesn't make sense to lease. Dealers make money from leasing.... guess who pays it???
Pro
Joined: Dec 2011
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From: North Reading MA
I wonder if a lease company will consider typical Corvette seat bolster wear as excessive, and charge for seat reskinning? I have heard some horror stories about the inspection process when a lease is turned in.