Chevy Colorado Crew Lease Help!

Ask the Hackrs
1

Hi all,
I’ve been browsing these forums for the last couple months and using the calculator to determine what my payment should be on a Chevy Colorado Crew in Phoenix. I’m getting dealer quotes for a 24mo/10k at ~$450 for a $24-25k vehicle. I can buy a Colorado for that! I’ll attach my most recent quote on a barebones crew cab. Any help is appreciated!
Vehicle Price: $27,120.00
AutoNation Savings: - $2,303.00
AutoNation Price: $24,817.00
Tint: + $399.00
Vehicle Selling Price: $25,216.00
Sales Tax (estimate): +$2,029.89
Documentation Fee: +$499.00
Postage: +$3.00
Title Fee: +$4.00
License Fee (estimate): +$8.25
Lieu Tax: +$430.67
Tire Fee: +$5.00
Balance Due (estimate): $28,195.81

24mo/10k
$0 Down - $451
$1000 Down - $400
$2,000 Down - $351

Sorry for the formatting issues, not sure how to make it look nice

2

You need a breakdown on the lease, not purchase. I don’t see cap cost, depreciation charge, rent charge, acq fee anywhere.

3

Thanks Jon, I’ve never leased a vehicle before so I was a bit confused when that was the style of quotes I was getting. I’ve requested a breakdown on the lease, and I’ll update when I get it!

4

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Here is another offer, albeit they did 39 months and $2000 down. Not what I’m looking for, but payment seems high.

5

Looks like they aren’t giving you any discount off MSRP.

6

Ya this guy didn’t for whatever reason. But, I think the residual should be around 75% ~20k (calculating off of the MSRP) according to what the dealers have been telling me. And that first one I was looking at was down to 24k without any negotiation. So even at 24k for 2 years I’d only need to cover 4k +interest. Which is ~190/mo, where are they getting the extra $280/mo?? I’m sure I’m missing something in my calculations or using the wrong rate.

$190/mo base
$40/mo fees
$20/mo taxes
$250/mo total

7

Why don’t you reach our to @chevysalesgirl and do a deal with her? Your numbers will be way better, no $499 doc fees like in Phoenix (It’s $80 in Ca) and it is a 1 hour flight, and 5 hour drive home. Well worth the extra effort to get a good deal.

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8

She doesn’t do out of state.

9

Ya… I’m working with Ben to see if we can figure something out.

10

Most dealers in So Cal will if you go pick it up. I have purchased from quite a few places. Even if it’s not with CSG, you can find a good deal on these trucks if you look. Try Rydell, Keyes or Mark Christopher-- They will work with out of state buyers.

or contact @Anthony_Lopez he had this deal a few days ago

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