Chevrolet Cruze LT 2017 - Lease Evaluation

I don’t have a current lease and I’m leasing for the first time.

The Capitol Chevrolet guy said it’s a true $0 down and 24 month lease.
I have to pay $220 per month. It is a Chevrolet Cruze LT 2017 model.

This is the splitup he sent me.

There would be no first time payment. It is a true 0 down. I’d be more than happy to show you the complete breakdown in person. Please let me know when you would like to come down.

MSRP 23,160

Residual 15,517

Rebate 2,975

Monthly 220

24 month lease.

How would you evaluate this deal? Is it good enough? What should I look out for?

If you read all the chevy threads here, there are a lot NorCal Chevy dealers that’s have been mentioned as “no games” and pretty up front. I would suggest hitting those guys up first. @ChevyPhil - not sure if this is your area (San Jose)

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Yes i visited the dealer, and it is truly a $0 down deal.
But what I am worried about is whether this is a good deal or am I paying too much.

It seems high, need more numbers to come out for April like RV and MF. Also assuming 24/10k per year

Most of the deals here have the $3,000 Asian conquest which results in the crazy $50-60/mo deals. However, $3k is about $125/mo that you add to $50-60 so you are still not close from what I can see

Capitol Chevy is a non commission dealership, why wouldn’t he give you the best price?.

3k asian lease rebate is over unfortunately. it was crazy while it lasted lol.

Phil Gileno
415-596-6262
Capitol Chevrolet