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Ok, so this is my new plan for the day, Lease the 'Maro coupe when it comes out...then when the lease is up, hop into my 'vert, which is what i really want, but cannot wait another year for. It would be torture watching on the sidelines while everyone else is riding in their shiny new Camaros. Plus i get to drive both coupe and 'vert, best of both worlds :D
 

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Ok, so this is my new plan for the day, Lease the 'Maro coupe when it comes out...then when the lease is up, hop into my 'vert, which is what i really want, but cannot wait another year for. It would be torture watching on the sidelines while everyone else is riding in their shiny new Camaros. Plus i get to drive both coupe and 'vert, best of both worlds :D

I'm definitely getting the Convertible in white with orange stripes. Borrowed this pic from Mindz on Camaro5.com:

 

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If you like throwing money away, it's a great idea. Mostly, you'll be leasing for at least 2 years, if not 3 or more so you could find yourself missing out on the convertible anyway at launch-time. Not that you wouldn't have a fine car in a hardtop, mind you. Worse things have happened.

Breaking a contract early so you can buy the convertible isn't a financial wizard's dream either, but it could be done. I'm not saying you wouldn't be ok in the end, just not sure if it'd be worth all that. You'd be miles ahead saving those lease payments toward a down payment on the 'vert. Financially speaking, it's not a very smart move. Well, dumb, really. But if it makes you happy and you don't mind all the extra expense...
 

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I didn't mean it to come across so matter of factly, but unless someone has a ton of money laying around, it's very unadvisable (financially speaking) to go the route of lease for a year then buy something else. Besides, waiting for exactly what you want will make it that much sweeter when you do get it.
 

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I will say this. GMAC is changing the way they lease....I can't even begin to explain the changes, but buying is the better way to go now.

I'm sure one of the media outlets will go into details on why this is so. But basically, serious coin was lost with leasing - it will be set up to avoid that now. So if someone loses money, it won't be GMAC.
 

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Leasing really isn't that great of a deal. It's basically a partial loan, betting on the resale value, and you are locked into the contract. You're basically saying, I'll put a down payment down, rent the car for X years, paying Y per month, and at the end of X years, I'll give the car back to you, and it will be worth Z dollars. BUT, if you drive more than the allotted miles, then the car is worth less than what you bet it would be. And then, if it's a minivan, and you have kids that trash the inside, it's even worse. And if the car gets scraped on the outside, because those same kids thought it would be ok, to ride their bikes next to the car, then it's worse. And so then, just to give the car back, you have to pay $1000 lump sum.

Can you tell I'm never going to lease again. :D
 
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