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The All-New Camaro V6 Snarls, Pops and Crackles Like A Jag: Lease One From $329/Month, $0 Down

Riding on architecture shared with the nimble Cadillac ATS, the all-new 2016 Chevrolet Camaro is quicker and more agile than before. It now offers genuine sports car levels of performance while still retaining its genuine blue-collar appeal. Here's everything you need to know about leasing one.

2016 Chevrolet Camaro RS (source: www.chevrolet.com)

2016 Chevrolet Camaro RS (source: www.chevrolet.com)

The Lease Program

The cost of leasing a particular car is determined by its lease program, which is set by the manufacturer, and the selling price, which is set by the dealer. Here is GM Financial's lease program for January 2016:

Residual Values (10,000 mi/year)
Trim 24 months* 27 months* 36 months** 39 months**
2016 Camaro LT 71% 68% 60% 59%
2016 Camaro SS 71% 68% 60% 59%

*Subtract 1% from residual for 12,000 mi/year. Subtract 2% from residual for 15,000 mi/year.

**Subtract 1% from residual for 12,000 mi/year. Subtract 3% from residual for 15,000 mi/year.

GM Financial Lease Rates
Credit Tier Money Factor Interest Rate
Tier A+ and A1 .00140 3.36% APR
Tier A2 .00223 5.36% APR
Tier A3 .00307 7.36% APR
Incentives
Incentive Availability Amount
GM Competitive Lessee Conquest Targeted $500
GM Lease Loyalty Targeted $500

Selling Price

While the Camaro SS is quite something (0-60 mph in 4.0 seconds), we'd happily spec ours in LT trim with the mid-level engine option—a 3.6-liter 335-hp V6—and the six-speed manual. It sounds angry like this:

A 2016 Chevrolet Camaro 1LT with the V6 has an MSRP of $28,190. According to a third-party car shopping website, the average selling price of that model is $27,686 before incentives (Southern California zip code). The lowest selling price currently offered by a dealer on said car shopping site is $26,985 before incentives.

 

Putting It Together ($329/Month, $0 Down)

Use the lease calculator below to customize your own inputs. Here's a sample deal of a 2016 Camaro 1LT (V6) assuming a selling price of $26,985, excellent credit, 10,000 miles per year, California residency, and $500 Competitive Lessee cash. 

Select to auto-populate the acquisition fee, disposition fee, and MSD fields.
% off MSRP
e.g., cash-back offers, loyalty cash, bonus cash.
e.g., manufacturer-to-dealer cash rebate or if you live in a state where customer cash rebates are not taxed.
I want to pay my acquisition fee upfront.
%
( miles/yr)
Adjusting the miles changes the residual(%).
APR: %
Enroll in Mercedes-Benz Autopay to lower the MF by 0.00010
I want to pay my total lease payment upfront to lower the MF by 0.00073.
APR: %
%
Tax your state, county, and city levy.
Tax is levied on the monthly lease payment (most states).
Tax is levied on the sales price upfront (e.g. VA, TX, GA).
Tax is levied on the total lease payment upfront (e.g. NY, MN, OH).
First month's Payment incl. tax:
Down payment:
Registration and doc fee:
Total MSD Payment:
Tax on cap cost reduction and fees:
Acquisition Fee:
First Month's Payment:
Down payment:
Registration and doc fee:
Total MSD Payment:
Tax on the Sales Price:
Acquisition Fee:
First Month's Payment:
Down payment:
Registration and doc fee:
Total MSD Payment:
Tax on the total lease payment:
Tax on cap cost reduction and fees:
Acquisition Fee:
The number of years it would take for the accumulated monthly payments to exceed the MSRP. Higher is better.
The total cost of leasing over the lease term, including applicable taxes and disposition fee but excluding registration/license fee and the refundable MSD payment.

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