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Lease Offer - URGENT HELP! Should i sign off on this!?

5871 Views 23 Replies 12 Participants Last post by  Bacardi
Hi everyone,

I am being offered what I think is a pretty good deal from Hooman Chevy and I want to get everyones opinions before pulling the trigger tonight...

2017 Chevy Volt LT
Summit White
Black Leather
Premium Bose Audio
12k miles / year
MSRP $36,015
Hooman Discount 1 - $2,522
Weekly Special $33,493

$270/month including tax for 36 months, total drive off of $270 (first month)

This seems like a pretty aggressive deal, can anyone here confirm?
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Need an itemized breakdown, supposedly both the forum sponsors are offering better deals based on the discount off MSRP...There are also L.A. dealers who are beating the forum sponsors but often you still have to haggle...
One of my lessons after leasing a '13 is that I started driving way more than with my old ICE, and 12K mi./yr. was a constant restraint on my driving plans. Now I own my Volt and even 16K mi./yr. would be a problem.
Reported you can lease up to 25K/year mileage...Obviously the lease cost would be more but I'd rather have that than to try and sell a 3 year old vehicle with relatively high mileage 48k (16K x3); the demand is probably shot and it could be near impossible to find a buyer who's willing to pay a penny more than trade in value...
Demand for used cas aside, the solution is to drive the car 200k miles and not worry about trade in value. Cars today last far longer than the typical 3 year lease.
Overwhelming majority of cars COULD "last" millions of miles with enough money...Floor pan rusts out, you could find a shop to replace it with a new one for the right price...The longer you own a car the more UNSCHEDULED maintenance rears it's ugly head which can reek havoc on your bank account and could give you anxiety wondering if the car will start...
Everything wears out, even us...having said that, cars are incredibly reliable. Back in the 60s, few cars ever reached 100k, and if they did, they were well beyond their useful life. 70s, not much better...80s were starting to get much better, and by the 90s cars reaching 100k with few problems became the norm. Reaching 200k for a modern car should be expected with very few problems unless the car is neglected or a lemon...yes, it happens. Hopping in a modern car with 150k that has been maintained and not abused should case any more anxiety about breaking down than a car with 10k miles
You're right, but there are so many variables...As you point out, need to ensure the vehicle (mainly if buying used) was not abused and was maintained...The term "well maintained" would include "unscheduled repairs"...The main question is, what dollar amount would the owner tolerate? While you say 150K, I originally quoted llninja who stated 200K...Simplest way to put it, odds are the longer you have a car more you'll have to spend on it...Many vehicles, obviously depends on the model, have timing belts, CV joints and various pumps that need to replaced often around 100K, that could be well over $1000 which in itself doesn't sound awful until you add up all the money spent on tire, brakes, fluid changes and any other unscheduled repairs...
You just keep telling yourself that to justify getting a new car every few years. I have yet to have a floor pan rust out in any of my cars, even at 200k miles. I have yet to spend anywhere close to the annual cost of a new lease or new car payment in repairs and maintenance. But one big reason to upgrade is for better safety features (air bags, traction control, stabilitrak, better made crumple zones, etc).
I actually have had about 4 vehicles in the past 15 months...With the floorpan my point was with enough money you could make a car last for a billion miles....Floor pan rusts out at 1M miles? Just pay someone to fix it...Could be on your third or forth engine by then...

I would agree with not just safety but features/options in general...

Have you ever leased a $100/mo Equinox?
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