Every once in a while, there are local deals in the news paper that appear way too good to be true. Then, when you look at the fine print, you usually learn that they really are too good to be true. Finally, a deal that really does appear to be as good as it looks on paper: Local Chevy Dealer is advertising three outstanding Chevy car lease deals: The Chevy Cruze for $199.00 and nothing down; the Chevy Equinox LS AWD for $249.00 and nothing down and the Silverado Ext CAB 4×4 for $299.00 and $2,499.00 down. All of these are 39 month lease terms with 12,000 miles allowed per year. Similar deals can likely be found at your own Chevrolet dealer. Before you pay them a visit, there are a couple of things you might want to know:
Three Can't-Miss Lease Deals From Chevrolet
|Model||Monthly Payment||Term||MSRP||Down Payment||Average Payment||Lease Value (LVR)|
|2013 Equinox AWD||$249.00||39||$26,630.00||$0.00||$249.00||.935%|
|2013 Silverado 4x4||$299.00||39||$35,449.00||$2,499.00||$363.00||1.02%|
|2013 Chevrolet Cruze||$199.00||39||$17,925.00||$0.00||$199.00||1.11%|
Dealing with a 39-Month Lease Term
In some states, including Colorado, motor registration fees are paid annual, regardless of when you sell, lease or buy your next car. Meaning, you will have to pay the full registration fee at the end of 36 months and then once again for the full price on the new car, just three months later. Simple way around this: Insist that your dealer changes the term to 36 or 48 months.
SUVs and Trucks Usually Don’t Lease this Well
The Equinox and Silverado are unusually low monthly payments for an SUV and truck. You won’t find many lease prices this low on either of these types of vehicles. The Equinox is AWD and rated relatively high by Motor Trend and other car review publishers. You can’t go wrong with either of these Chevy car lease deals.