daquixers Posted December 11, 2004 Posted December 11, 2004 Anyone who lives in Rochester. The Chevy Malibu is going for $50 a month with $3,000 down. I called, visited and its the real deal. Looks like im getting this.
daquixers Posted December 12, 2004 Author Posted December 12, 2004 Nope. Just checked guys. $3,700 down 48 months $49.99 / month Amazing. Absolutely Amazing.
Guest Guest_billsfaninfla_* Posted December 12, 2004 Posted December 12, 2004 that only a total price of 6100 dollars impossible
TDRupp Posted December 12, 2004 Posted December 12, 2004 that only a total price of 6100 dollars impossible 156307[/snapback] That is a 48 month LEASE not to purchse the car, correct?
BRH Posted December 12, 2004 Posted December 12, 2004 Nope. Just checked guys. $3,700 down 48 months $49.99 / month Amazing. Absolutely Amazing. 156304[/snapback] How did it go from $3000 to $3700 down?
daquixers Posted December 12, 2004 Author Posted December 12, 2004 How did it go from $3000 to $3700 down? 156311[/snapback] The AD said $3,000 down but when I finally went down and got everything straight it was up to $3,700 ... still not bad though. Yes - its a lease. Guys. Im serious. Check it out for yourself. Who cant afford $50 a month?
Brandon Posted December 12, 2004 Posted December 12, 2004 Nope. Just checked guys. $3,700 down 48 months $49.99 / month Amazing. Absolutely Amazing. 156304[/snapback] There's a catch. The lowest tier Chevy Malibu has a list MSRP of right at $20,000. This deal isn't even one third of that. This is either a lease or there's a massive balloon payment tacked on at the end.
Terry Tate Posted December 12, 2004 Posted December 12, 2004 The AD said $3,000 down but when I finally went down and got everything straight it was up to $3,700 ... still not bad though. Yes - its a lease. Guys. Im serious. Check it out for yourself. Who cant afford $50 a month? 156314[/snapback] I've never considered a lease, so I don't know all what kinds of catches to look for. I would definitely check the mileage allowed limits and buyback parameters. I know I've heard of some bad deals regarding those, anyway.
Brandon Posted December 12, 2004 Posted December 12, 2004 The AD said $3,000 down but when I finally went down and got everything straight it was up to $3,700 ... still not bad though. Yes - its a lease. Guys. Im serious. Check it out for yourself. Who cant afford $50 a month? 156314[/snapback] Its actually about $127 per month. You should also factor the $3,700 into the equation. That said, even $127/month for the right to drive a new vehicle for four years is a pretty good deal. The lack of warranty coverage in that last year might scare me away, though.
Thurman's Helmet Posted December 12, 2004 Posted December 12, 2004 A 48 month lease? Go ahead and piss your money away if you so choose. NEVER lease a car for more than 36-39 months. That and that 3700 bucks is GONE, all that does is put the money up front to lower your monthly payments. You'd be better off paying no money down and paying higher monthly payments since you wont be owning the car. (If you Rosen the car, the down payment is GONE)
Thurman's Helmet Posted December 12, 2004 Posted December 12, 2004 I'm guessing the mileage allotment is 10,000 a year TOPS.
daquixers Posted December 12, 2004 Author Posted December 12, 2004 Check it our for yourself guys. Here is basicaly the FINALIZED deal that we are getting: Chevy Malibu 2004 $3,700 2 (or 3) yrs $49 a month I believe there is also a 4 and 5 years deal --- 5 years - yuck. But here is the great thing. My GM card is paying $3,000 of the down payment due to my agreement with them. So when you factor in my downpayment with the regular payment I am only paying $88 / month for a new car.
daquixers Posted December 12, 2004 Author Posted December 12, 2004 A 48 month lease? Go ahead and piss your money away if you so choose. NEVER lease a car for more than 36-39 months. That and that 3700 bucks is GONE, all that does is put the money up front to lower your monthly payments. You'd be better off paying no money down and paying higher monthly payments since you wont be owning the car. (If you Rosen the car, the down payment is GONE) 156322[/snapback] Read my post below - I am taking it for 2 years and $3,000 of the $3,700 I am not paying. They have to had been told to get rid of these for these prices.
Fan in San Diego Posted December 12, 2004 Posted December 12, 2004 How many miles allowed per year? And is it closed ended or open ended lease?
MarkyMannn Posted December 12, 2004 Posted December 12, 2004 I'd never go lease...........having said that I am seriously considering it this time around. People say, llike this guy with the Malibu, he's paying like $125/ month and has nothing to show for it, flushing his money. If you buy it, you're paying probably double that, and it is depreciating $125/ month. What's the difference? Either way you are out $125 each month I guess GM sales were way off in Nov and they are really going to push incentives the next 2-3 weeks until year end
MarkyMannn Posted December 12, 2004 Posted December 12, 2004 Here's the deal I have in front of me right now, so I'll take advice cause I'm not sure here what is the right way to go. My son works at a Pontiac dealership so I qualify for GM employees discount. I was looking at getting a new second car and love this 02 Gran Prix SE they gave me to test drive for 4 days. More car than I need for a 2nd car though. They have it really marked down at $9750 and that's it. I thought I drive it for 4 years and sell it for $4000. So it costs me like $150/month with finance costs, and of course there will be some repairs to boost that up. Option "B" is a 05 Gran Prix lease. $2400 down, 24 months, $75/month. So that's like $175/ month. That's a new car too!!! Like I said in my earlier post, I never liked leasing, but this isn't bad. But that's also if I get that employee discount. I also don't know what the exit costs are if I don't buy it 2 yrs from now Lastly, I have a van 2 yrs old, paying $350/month/5 yrs, on it as I financed the whole thing. Got all the cash back rebates and negotiated 2.5% rate. But if I went with the Gran Prix lease, I can have 2 cars for the cost of the one I pay today So give me your thoughts................
SDS Posted December 12, 2004 Posted December 12, 2004 So give me your thoughts................ 156399[/snapback] I also get the GM discount.... When the time came I bought a Honda. Not even deep discounts would make me buy a GM again. I know they keep wooing me back with their lack of style, cheap interiors, and shoddy workmanship, but I vowed never again to lay down my money for one. Life's too short.
Alaska Darin Posted December 12, 2004 Posted December 12, 2004 I had a similiar deal years back when Ford was in danger of losing the #1 pickup title they had held for so long. 3 year lease, $99 a month, $199 down. No catch. Awesome deal. Crappy truck. Worked out just fine.
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