New leases are mind boggling !
#1
Race Director
Thread Starter
New leases are mind boggling !
just got a brochure corvetteking.com
inside LES STANFORD lease offers HAVE TO BE SEEN TO BE BELIEVED! BETTER THAN THE LEASE I HAD GOTTEN ON MY 2007!
LES STANFORD
inside LES STANFORD lease offers HAVE TO BE SEEN TO BE BELIEVED! BETTER THAN THE LEASE I HAD GOTTEN ON MY 2007!
LES STANFORD
#2
Safety Car
Member Since: Feb 2016
Location: Bainbridge Island WA
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#4
Race Director
Thread Starter
no, go to his website
if i posted that i'd be accused of working on his behalf.
i got brochure
the dealer had lease prices that boggle my mind because they were lower than what i had paid back in 2007.
i have never contacted or met or visited this dealer. i am not in the market for any C7. anybody looking for a lease should DO THEIR OWN
"LEG WORK" (research).
i got brochure
the dealer had lease prices that boggle my mind because they were lower than what i had paid back in 2007.
i have never contacted or met or visited this dealer. i am not in the market for any C7. anybody looking for a lease should DO THEIR OWN
"LEG WORK" (research).
#6
If you're not going to post numbers, don't bother.
#9
Race Director
Pro Mechanic
Member Since: Apr 2014
Location: Washington Township Michigan
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granted the OP should have posted this, but those who may have been interested also could have found this in the C7 Dealer Inventory area of the forum.................
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Starley Andrade (04-27-2017)
#13
Le Mans Master
I know a way to reduce the monthly lease nut by an addition $100-just put down another 3600 dollars on a 36 mo. lease. Most posted lease numbers are just attention grabbers as they in many cases call for a large down payment and do not include tax, title, licensing fees, acquisition costs, etc.
The key numbers in a lease are the money factor and the residual (amount the car is worth after the end of the lease) if you know these just apply the lease formula to arrive at the monthly lease payment-(use google to get lease formula).
Take the money factor and multiply it by 2400 and you will get the interest rate- then look at the residual and see if the depreciation after 36 months makes sense to you. NOW you can actually determine if it is a good lease rate or not.
The key numbers in a lease are the money factor and the residual (amount the car is worth after the end of the lease) if you know these just apply the lease formula to arrive at the monthly lease payment-(use google to get lease formula).
Take the money factor and multiply it by 2400 and you will get the interest rate- then look at the residual and see if the depreciation after 36 months makes sense to you. NOW you can actually determine if it is a good lease rate or not.
Last edited by Corgidog1; 04-27-2017 at 08:05 AM.
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#14
Le Mans Master
Ahh.. That ad also is assuming you qualify for the Corvette Loyalty program so that's $2K right there that not everyone will qualify for. So yeah if you take $2K off Macmulkin and Kerbeck prices I am not really seeing any earth shattering deals here.
#15
Racer
Thanks for the meaningless spam. I almost thought you were working for them until I looked at your post history... Low energy and low quality!
Good deals are everywhere but you simply bought into the spin of the numbers. Good luck on your lease search. Make sure to read the fine print.
Good deals are everywhere but you simply bought into the spin of the numbers. Good luck on your lease search. Make sure to read the fine print.
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rodsib (04-27-2017)
#18
More barn please ...
#19
Burning Brakes
That's how they get you in the door.