Z06Vette.com - Corvette Z06 Forum

Paul Vincent · 12-14-2002, 05:04 PM

I just got this offer on an '03 Z06 lease: 48,000 miles for 48 months at $699.00 a month, or 60,000 miles for 48 months at $719 a month. In your opinion, is this a good deal? Thanks!

corvette184 · 12-14-2002, 05:09 PM

i am not a fan of leases but thats alot of fun for 719. per month

Zlicious · 12-14-2002, 05:12 PM

get an 01 with 5k or so miles on it, and you can lease it for about 500/mth. Thats what i did..

except that i got mine for $550/mth, and that includes the extra $30 a month for warranty i am paying for..

CARMEN96 · 12-14-2002, 05:12 PM

How much down?

01ZEE06 · 12-14-2002, 05:42 PM

How much down and what is the residual and money factor(interst rate).

What's the excess mileage charge per mile over the max in each offer?

Check with Forum Vendors once you Know the residual and see if they can beat it, and/or go to a local auto leasing broker and see if they can beat it

JBsZ06 · 12-14-2002, 05:44 PM

Proexperts 2001 Z06 black with chrome rims 10,000 miles for 34.5K is the best deal.

His car was for sale on this site and is the best deal you could get IMHO..

7 grand down.. 540 a month (approximately) 5 year loan and you own it.

JBsZ06 · 12-14-2002, 05:47 PM

http://64.49.222.103/forums/showthre...359#post273359

Paul Vincent · 12-14-2002, 05:59 PM

Believe it or not, this is with zero dollars down. It would be sold to me at wholesale value. As for a used vehicle, it would really have to have low mileage or my wife would not want us to get it. And as she would be driving it too, she must have some say on this. But, I do like those '01 figures, and if the right '01 was available, I'd really take a close look at it.

01ZEE06 · 12-14-2002, 06:01 PM

VERY IMPORTANT on a lease.....what's the RESIDUAL value?

gofast · 12-14-2002, 06:49 PM

Quote:

Originally posted by Paul Vincent
I just got this offer on an '03 Z06 lease: 48,000 miles for 48 months at $699.00 a month, or 60,000 miles for 48 months at $719 a month. In your opinion, is this a good deal? Thanks!

Forget about the lease...these cars are for KEEPS..
Or you can get a home equity loan, keep your monthly down, buy the car, and write the interest off in the end. With intrest rates these days you could be paying aobut $300mo.
Just my $.02

Zlicious · 12-15-2002, 12:51 AM

Quote:

Originally posted by CARMEN96
How much down?

0

If you were referring to me anyways, lol

JT-KGY · 12-15-2002, 02:18 AM

Quote:

Originally posted by Paul Vincent
I just got this offer on an '03 Z06 lease: 48,000 miles for 48 months at $699.00 a month, or 60,000 miles for 48 months at $719 a month. In your opinion, is this a good deal? Thanks!

?? For 863.46/month... you can own one (after 5 years instead
of 4).

863.46 is from $47k buying price and 3.9% for 60 months...
sales tax was not included in the figure.

TheKid · 12-15-2002, 06:29 AM

there i a couple badass deals on 2002 Z's under 40k in the for sale section. leases still aren't the way to go unless they are giving you an excellent residual. resale sux on a Z right now, but in 3 years......

**Tom Fuscaldo** · 12-15-2002, 06:37 AM

Buy it at the low interest rates.... 0% 36 months. Free money for three years. Can't beat that...

mwascom · 12-15-2002, 09:22 AM

What Tom said. GMAC is running a good deall. O% down, or some money down & 2.9%. Better than a lease and you will own it in the end. Besides, how many mods can you make (or want to) on a leased vehicle you have to give back if you decide not to buy.