I am new to leasing and to this forum. I have spend some time on the forum and i think i am ready for my first ever lease as now i know i can save some money on leasing. Thanks to LH
I am interested to lease 2017 Chevrolet Equinox LT.
I called one dealer and he quoted 349/month w/t for 2017 Chevrolet Equinox LT with Optional Equipment Included. I then asked Sales Manager to fill out the template so i can calculate monthly payments myself.
This is what he replied
MSRP : 29,735
Invoice Price : 26,785
Incentives/rebate 2,450
selling price 24,335
MF rate : 2.21%
Residual rate 64%
Residual Amt : $19,030.40
Miles / yr : 10,000
Months : 24
Acquisition Fee : included
DMV fees included
I replied him asking to correct Residual rate as it should be 66% and to breakdown all other fees. I am still waiting for his response but looks like he wont reply. I contacted 3 more dealers but no one is willing to provide Adj cap cost after all incentives and rebates.
I would appreciate If you guys know any good deal for Equinox here in FL.