2018 Chevrolet Tahoe LT:
MSRP: $60,430
Monthly Payment: $564.38 + $43.74 (oc tax) = $608.12
Drive-Off Amount: $1,550
Months: 48
Annual Mileage:12k per year
MF: .221
Residual: 53
Included Incentives: Asian/ non luxury Conquest rebate=$2,500
Leasehackr Score: 8.8 is the closest score
Saved Calculator Link:
Here is my 36 month lease I have been doing all month
MSRP: $60,430
Sale Price $55,093
$1,660 Due at signing
$573.10 + $44.42(OC Tax) = $617.52 o.a.c.
MF .00194
residual 59% = $35,653.70
36 mo 12k miles
Lease offer includes Asian / non Lux Conquest
offer expires 03/31/18 or while supply last.
Location:Orange County CA
California lease only.
Ok so 48 months has a higher MF and worse residual. Other than stretching out the loan for another year which makes the payment seem lower, what is the benefit?
My point to you is that extending the term of a loan to stretch the payments out only makes the monthly artificially lower. We give feedback on good deals here centered around value. A 48 month term has 1. a worse residual 2. a higher money factor, so to put it gently, your deal is not a good value. I am not close enough to Chevy deals to know how much money is in the car, maybe the model just leases poorly, but if you can’t get to a good payment on a 36 month term then it’s probably not worth posting.
Here is my 36 month lease I have been doing all month
MSRP: $60,430
Sale Price $55,093
$1,660 Due at signing
$573.10 + $44.42(OC Tax) = $617.52 o.a.c.
MF .00194
residual 59% = $35,653.70
36 mo 12k miles
Lease offer includes Asian / non Lux Conquest
offer expires 03/31/18 or while supply last.