'07 Z06 lease

*clyde* · 11-12-2006, 07:53 PM

Saw an ad in Saturday's paper. New 2007 Z06 lease:

$999/mo
12k miles/year
$7999 due at signing (not incl tax, tags and title)

63 months

FT@SGP · 11-12-2006, 08:00 PM

...and you have to pay another $50K at the end of the lease?

FC · 11-12-2006, 08:17 PM

$71K to rent a car for 5 years?

*clyde* · 11-12-2006, 08:37 PM

Quote:

Originally Posted by clyde

$7999 due at signing

Whoops...$7998 due...but I also left out the $49 processing fee.

SARAFIL · 11-12-2006, 08:53 PM

Quote:

Originally Posted by clyde

Saw an ad in Saturday's paper. New 2007 Z06 lease:

$999/mo
12k miles/year
$7999 due at signing (not incl tax, tags and title)

63 months

63 months???

I didn't think they had anything worse than the 53 month lease I saw on a Mercedes in the paper this morning.

If I lease a car, it's because I want short term... 36 months at the most, with 24 or 30 being better.

CABINBLACKM3 · 11-12-2006, 09:23 PM

I agree short term lease good.....Long term lease....well thats insane.

lemming · 11-12-2006, 09:31 PM

this thread makes me think about the $699 a month lease i see Porsche dealers advertising for the base Cayman.....(puts the Z06 lease price into perspective, doesn't it?).

anyway, $1000 a month for 63 months is absurd --especially for a product that is guaranteed to fall like a rock in residual terms.

lemming · 11-13-2006, 08:21 AM

Quote:

Originally Posted by stuka

This is absurd.

My GT2 was 0 down, 2 grand tax included per month, 12K per year for 3 years, with a buyout of 85K.

I think I posted earlier that we were looking into the Z06 lease, but the number was just absurdly bad that we nixed the idea.

please don't tell me that your business pays for most of that lease.

FC · 11-13-2006, 09:14 AM

Quote:

Originally Posted by lemming

please don't tell me that your business pays for most of that lease.

Regardless of "who" pays for it, I know I shouldn't be surprised since it is one hell of an expensive car, but I can't imagine 24K a year to lease a car.

FC · 11-13-2006, 01:29 PM

Quote:

Originally Posted by stuka

Not most, but enough that it makes no sense not to lease. Of the 12K miles, around 3K is personal. This is why the beater has had close to 70K miles put on since I bought it in November of 2003.

Not to suggest anything, but isn't one's business car supposed to be within certain guidelines of what is appropriate for its use? I thought I read that a while ago.

11-12-2006, 07:53 PM	#1
clyde Chief title editor Join Date: Oct 2003 Posts: 26,599	'07 Z06 lease Saw an ad in Saturday's paper. New 2007 Z06 lease: $999/mo 12k miles/year $7999 due at signing (not incl tax, tags and title) 63 months __________________ OH NOES!!!!!1 MY CAR HAS T3H UND3R5T33R5555!!!!!!1oneone!!!!11 Team WTF?! What are you gonna do?

11-12-2006, 08:00 PM	#2
FT@SGP Jaded Join Date: Nov 2003 Carmudgeonly Ride: 987-120, 645 Location: MD, USA Posts: 291	...and you have to pay another $50K at the end of the lease? __________________ FT

11-12-2006, 09:31 PM	#7
lemming Western Anomaly Join Date: Oct 2003 Carmudgeonly Ride: White Orca Posts: 16,612	this thread makes me think about the $699 a month lease i see Porsche dealers advertising for the base Cayman.....(puts the Z06 lease price into perspective, doesn't it?). anyway, $1000 a month for 63 months is absurd --especially for a product that is guaranteed to fall like a rock in residual terms. __________________

11-12-2006, 08:17 PM	#3
FC Solving problems Join Date: Oct 2003 Carmudgeonly Ride: M5 / 718 GTS / Cooper S / GTI / LR4 Location: Metro Boston Posts: 25,264	$71K to rent a car for 5 years?

11-12-2006, 09:23 PM	#6
CABINBLACKM3 Realist Join Date: Jul 2006 Carmudgeonly Ride: 05 M3 Vert / 95 M3 Cone Knocker Posts: 116	I agree short term lease good.....Long term lease....well thats insane.