Lease?
Thread Starter
6th Gear
Joined: Aug 2018
Posts: 6
Likes: 0
From: NH
Lease?
Been lurking for a while...first post.
How bad are the lease options on Corvettes? I prefer to lease typically because I prefer to get a new car every 3 years. I’m close to MacMulkin so I’m looking at used and new options. I don’t customize my cars so I don’t care about that ability with a purchase.
Thanks!
How bad are the lease options on Corvettes? I prefer to lease typically because I prefer to get a new car every 3 years. I’m close to MacMulkin so I’m looking at used and new options. I don’t customize my cars so I don’t care about that ability with a purchase.
Thanks!
Racer
Joined: Jul 2018
Posts: 471
Likes: 110
I purchased mine. But I'm guessing a base Stingray with 3 years/30K miles these cars have to lease in the $700-$800 range depending on residual and how much you feel like putting down. Which IMO should be $0.00 on a lease
Last edited by SoFloVette; Aug 1, 2018 at 05:14 PM.
Melting Slicks
Joined: Jun 2005
Posts: 2,663
Likes: 994
From: Rock Hill SC (Charlotte NC Area)
2022 C8 of the Year Finalist - Modified
2022 C7 of the Year Finalist - Unmodified
Generally, they are pretty unattractive. I briefly looked into leasing mine last summer, and at the time, they were laughably bad, IMO.
Melting Slicks
Joined: Sep 2004
Posts: 3,474
Likes: 2,246
From: Southern NJ
I heard that GM Financial released a special lease program today for 2019 vettes. No details were given, but most likely by tomorrow, the forum dealers will have the details up on their websites if not listed on the forum.
Le Mans Master
Joined: Dec 2014
Posts: 6,140
Likes: 2,745
From: Northeast
I also prefer to purchased... and also like getting a new car every 3’ish years, so maybe not the best practice. Lately it seems that leasing is getting more popular for Vettes, so perhaps the lease agreements are getting better. You’re near the second largest Corvette dealership in the world. If deals are to be had, then I’m sure that McMulkin can hook you up, which is where I purchased mine... and I’m not close. 
Burning Brakes
Joined: Feb 2017
Posts: 807
Likes: 313
From: New Jersey
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Burning Brakes
Joined: Oct 2014
Posts: 802
Likes: 122
From: Goodyear Arizona
I tend to keep my cars for at least 10 years unless they are overly problematic. My '07 Lexus and '15 C7 appear to be keepers (especially the C7) which has had no real problems to date. Waiting for the recently published and (latest) recall notice on the Lexus
Thread Starter
6th Gear
Joined: Aug 2018
Posts: 6
Likes: 0
From: NH
My winter car will be my IS 350 f sport. I just don’t keep cars long enough to buy them typically. Honestly, since this will be my first foray in to this type of car, I’m afraid that what I “think” I want is not what I want. I’m hesitant to make a long term purchase for that. Hence the thought of a lease.
Le Mans Master
Joined: Apr 2005
Posts: 7,361
Likes: 4,800
From: West Burbs of Chicago IL
My winter car will be my IS 350 f sport. I just don’t keep cars long enough to buy them typically. Honestly, since this will be my first foray in to this type of car, I’m afraid that what I “think” I want is not what I want. I’m hesitant to make a long term purchase for that. Hence the thought of a lease.
Last edited by Big Lebowski; Aug 2, 2018 at 08:01 AM.
Instructor
Joined: May 2018
Posts: 162
Likes: 51
From: Porter Ranch CA
My winter car will be my IS 350 f sport. I just don’t keep cars long enough to buy them typically. Honestly, since this will be my first foray in to this type of car, I’m afraid that what I “think” I want is not what I want. I’m hesitant to make a long term purchase for that. Hence the thought of a lease.
Drifting
Joined: Nov 2005
Posts: 1,668
Likes: 888
The new lease deals for August are up. For a 2018 Stingray: $549/mo for 39 mos. on $55,500, $395 nuisance fee at end and $5400 up front. Total $27,155. Only 32,500 miles before .25/mile. Option to purchase price not disclosed.
or , $4000 off on 2017 Stingrays, GS and Z06's
Good luck with your decision
August in Clearance land
or , $4000 off on 2017 Stingrays, GS and Z06's
Good luck with your decision
August in Clearance land
Instructor
Joined: Jul 2017
Posts: 163
Likes: 62
From: West Chester PA
St. Jude Donor '18, '19
You can can easily find very low mileage cars. Mine still had new car smell and was $30k less than a new one with 5k miles. I’d do that if you just want to try it out. You can then easily sell it for near what you paid if it is not for you.
Thread Starter
6th Gear
Joined: Aug 2018
Posts: 6
Likes: 0
From: NH
The new lease deals for August are up. For a 2018 Stingray: $549/mo for 39 mos. on $55,500, $395 nuisance fee at end and $5400 up front. Total $27,155. Only 32,500 miles before .25/mile. Option to purchase price not disclosed.
or , $4000 off on 2017 Stingrays, GS and Z06's
Good luck with your decision
August in Clearance land
or , $4000 off on 2017 Stingrays, GS and Z06's
Good luck with your decision
August in Clearance land
Melting Slicks
Joined: Sep 2004
Posts: 3,474
Likes: 2,246
From: Southern NJ
Kerbeck has a buy / lease payment comparison up again on their home page. The mileage allowance is rather low but most likely you can pay a little more for the miles you need in the lease payment.
May be worth a look again.
May be worth a look again.