A Chevrolet Camaro costs roughly $500 to $1,500 per month to lease, depending on several factors including credit score, down payment, lease negotiations, and version and trim level.
Since the Chevrolet Camaro’s debut in 1967, over five million have been sold. The legendary pony car has gained a reputation for its powerful output, versatile personality, and stylish design features. If you want to experience this classic American muscle car without taking out a car loan
, maybe leasing would be the best option for you. While leasing can be a little more involved than taking out an auto loan, one of the benefits is being able to drive a higher-priced and better-equipped vehicle that you may not be able to afford outright. And once you’re done driving it during its most low-maintenance years, all you have to do is drop it off at the dealership.
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How to lease a Chevrolet Camaro
Getting a Chevrolet Camaro lease is a pretty cut-and-dry process, although following our checklist below will give you the best chance at securing the best deal possible.
Check your credit score. A score under 520 disqualifies you from leasing in most cases. Although a score of 630 is better, it’s still generally considered poor. For the best leasing opportunities, you should have a good credit score of 650 or higher.
Define your budget. Target a monthly payment of no more than 15% of your income, but ideally 10%—so if you make $4,500 a month, you can afford a maximum of $450 to $675 monthly payment.
Estimate your down payment. Also known as capitalized cost reduction, the amount you pay up front can lower your monthly costs. Pro tip: building savings ahead of time will help you score the best deal.
Work out your annual mileage. You can choose a Camaro lease with a 10,000, 12,000, or 15,000 annual mileage limit. Examine your driving habits to determine which mileage limit will best work for your needs.
After you’ve analyzed your financial situation, you can head to your local Chevrolet dealership to compare lease offers
. Completing your financial homework ahead of time will allow you to make confident decisions regarding your lease, from gauging which Camaro fits into your budget to negotiating the best lease terms. The final step: shop for insurance
Don’t forget one of the most important aspects of shopping around for cars—finding car insurance! Jerry
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It should cost approximately $17,848 to $44,416 to lease a Chevrolet Camaro over 36 months.
Your precise cost depends on a number of factors, however, including your credit score, lease term, and down payment. You will also see fluctuations based on where you’re buying the vehicle and the time of year.
One of the greatest factors that will impact the lease cost of your Camaro is which version you choose. If you’re not a top-down driver, you can save hundreds of dollars on your lease by getting the Coupe instead of the Convertible.
Similarly, the trim level also has a substantial effect on your leasing costs. If the 6-speed manual 1LS
with a 2.0L inline-4 engine makes you more than happy, there’s really no reason to spring for the 10-speed automatic, 6.2L V8 offered (and also more expensive) in the 2SS
trim. Here’s a look at how both the version and trim affect your total monthly payment. We’ll assume you have a good credit score, are looking for a 36-month lease with an annual mileage of 10,000 miles, and can afford to put down $1,000 on your 2022 Camaro lease.
Teachers, college students, military personnel, and first responders may be eligible for a $500 cash bonus. Look into any Chevrolet special offers
you may qualify for to save money on your lease. Services included in a Chevrolet Camaro lease
Leasing a Chevrolet Camaro is a great way to drive a new vehicle under warranty without worrying about its decrease in value, but you may be wondering what services are offered with a Camaro lease.
There are a few different service options for your Chevy, from normal wear and use to special lease protection and pre-paid maintenance packages. Here are the services each option provides:
| | |
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| Included in your lease term. | Knicks, scratches, cracks, and dings up to a certain size and quantity. Normal upholstery and carpet wear and damage. If you return your vehicle with excess wear and tear, you will be responsible for extra charges. |
| 24-180 months. No deductible. | Oil changes and tire rotations. Upgrade your plan to add on air filter and fluid changes as well as spark plug maintenance. |
| 12-60 months. $0 deductible. | Dents, scratches, chipped paint, interior stains, and chipped glass. Tire and wheel protection. Coverage will also replace the owner’s manual and keys up to $150 per item and waive up to $400 in excess mileage charges. |
Advanced lease protection | 24-48 months. No deductible required. | Will cover additional maintenance and repair services during the manufacturer's warranty. Rental car coverage, towing and road service, key fob replacement and lockout. |
Whether you choose to go with the default option or purchase additional coverage, be sure to ask about the recommended routine maintenance for your Camaro—and prepare to cover the costs of any necessary oil changes, tire rotations, and air filter replacements depending on your particular leasing situation.
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What to do when your Chevrolet Camaro lease is up
Once you are near the end of your lease, you’ll have to make a decision about what you’d like to do next. The three options for your Camaro are:
Purchase or lease a new Camaro
Purchase the Camaro you’re currently driving
How to return a leased Chevrolet Camaro
If the party’s really over, your Camaro will need to undergo an inspection and have repairs made before you return it to the dealership. Follow the lease-end guide
to ensure your return goes as smoothly as possible, which will include the following steps: Review your vehicle’s condition using the wear-and-tear card included in the lease-end guide.
Schedule a complimentary inspection online
or by calling 1-800-556-2811. This will give you the opportunity to address any repairs before handing in your vehicle. You can email repair receipts to VehicleRepairReceipts@gmfinancial.com. Make an appointment to return your vehicle to the dealership.
Once your vehicle is successfully inspected and returned, you should receive your lease-end invoice 30 to 45 days later. If you don’t plan to lease another vehicle, prepare to pay a disposition fee and other potential costs, such as repairs and maintenance, that are outlined in your lease agreement.
How to purchase a leased Chevrolet Camaro
If you and your Camaro are simply a match made in heaven, then you may choose to purchase it—which will waive any wear and tear charges and the disposition fee!
You can fill out a prequalification application
online to help finance your Camaro purchase. If you’d like to request your lease-end purchase quote or simply need any assistance along the way, you can text LEASEEND to 53721 or call 1-800-284-2271. MORE: Should I buy a sports car?
How to find the best car insurance for a Chevrolet Camaro lease
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