GMC Envoy Prices Paid and Buying Experience - READ ONLY

224 messages,  Last post on Jul 18, 2008 at 10:39 AM

You are in the Prices Paid & Leasing Experiences Archive Forum.

What is this discussion about? GMC Envoy, GMC Envoy XL, SUV

#191 of 224 Re: reg envoy [Car_man] by lisa765

Feb 01, 2007 (9:12 pm)

Replying to: Car_man (Jan 10, 2007 5:00 am)
Car_man,
 
(Note I am also posting this on the Chevy Trailblazer forum / Since they are essentially the same I wanted to make sure one doesn't have better terms than the other)
 
Thanks for answering my Impala question yesterday. I am also considering a GMC Envoy lease and am hoping you can help me with the "key numbers" so I am prepared at the dealer.
  
2007 2WD Envoy (from your previous posts it doesn't look like SLE vs. SLT matters)
36 month lease / 10k miles per year
I live in Indiana if that matters (zipcode 46902)
I also have a current GMAC lease that I will be turning in
  
Can you help me with the following:
Residual value?
Base lease rate?
Cap reduction, bonus, or other lease cash offers?
  
Also, if I did 39 months instead would that drop the residual?
  
Thanks for your assistance on these forums!
Lisa
 
(Sorry for the GMC & Chevy duplicate posts. I didn't want to assume that all the terms were the same. This info is so helpful in getting the best possible price and much appreciated.)

#192 of 224 Re: reg envoy [theericharris1] by Car_man HOST

Feb 02, 2007 (4:29 am)

Replying to: theericharris1 (Jan 13, 2007 6:41 pm)
Hi theericharris1. Unfortunately, General Motors is not offering leases on 2006 models any longer. If you want to lease one, you will have to do so through an independent bank...if you can even find out that will lease a 2006 model at this point. You would be better off waiting until you are less upside down on your new vehicle to get something new, but if you really want to get a new truck right now, you will be much better off going with a 2007 model. I am not aware of any web sites that provide accurate information on manufacturers' current lease programs to the general public. I can give you an idea of what GM's lease program for the 2007 Envoy is like right now though. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Envoy 2WD with 12,000 miles per year are 6.35% and 58%, respectively. GM is providing lease cash on this truck in certain areas. If you tell me what state you are in, I can tell you if it has any cash incentives on leases of this truck in your neck of the woods.
 
Car_man
Host
Prices Paid Forum

#193 of 224 Re: emcg 2003 lease return [emcg] by Car_man HOST

Feb 02, 2007 (4:46 am)

Replying to: emcg (Jan 21, 2007 11:19 am)
Hi emcg. Unfortunately, General Motors is not offering leases on 2006 models any longer. If you want to lease one, you will have to do so through an independent bank...if you can even find out that will lease a 2006 model at this point. You actually would probably be better off waiting until you are right around the scheduled end of your current lease to get a new vehicle. Consumers usually have to pay money out of their own pocket or roll negative equity into their next loan or lease to get out of their leased vehicles early.
 
Car_man
Host
Prices Paid Forum

#194 of 224 Re: reg envoy [lisa765] by Car_man HOST

Feb 02, 2007 (4:48 am)

Replying to: lisa765 (Feb 01, 2007 9:12 pm)
Hey Lisa. I believe that the 2007 Chevrolet Trailblazer's and the 2007 GMC Envoy's current lease programs are identical, which makes sense given the fact that they are basically the same vehicle.
 
Car_man
Host
Prices Paid Forum

#195 of 224 Re: reg envoy [Car_man] by loub2b

Feb 12, 2007 (10:26 pm)

Replying to: Car_man (Feb 02, 2007 4:29 am)
Hey Car_man
The base lease rate and residual changed last week and I wanted to confirm with you the changes. 8.1% lease rate and 58% residual. Live in Ohio. Checking lease rebates with you also. Going from a 2004 Envoy SLT to a 2007 Envoy Denali.
Thanks...

#196 of 224 Re: reg envoy [loub2b] by frrussre

Feb 20, 2007 (11:52 am)

Replying to: loub2b (Feb 12, 2007 10:26 pm)
Hi, car_man I am ending a Ford Explorer lease, looking at 2007 Envoy SLT 4SA loaded South Florida, 36 month lease 12k per yr, Residual & int/lease rate would be helpful, thanks for any help.
Reg. Frank R.

#197 of 224 Re: reg envoy [loub2b] by Car_man HOST

Feb 28, 2007 (4:47 am)

Replying to: loub2b (Feb 12, 2007 10:26 pm)
Hi loub2b. An 8.1% lease rate? That's way too high. GMAC's current base lease rate for a 36 month lease of a 2007 GMC Envoy is only 6.35%. Its 36 month, 15,000 mile per year residual value is 55%. In your state, Ohio, in February General Motors is providing $1,750 lease cash on 36 month leases of the '07 GMC Envoy plus $1,000 bonus cash. Make sure to take these cash incentives into account when negotiating your truck's capitalized cost.
 
Car_man
Host
Prices Paid Forum

#198 of 224 Re: reg envoy [frrussre] by Car_man HOST

Feb 28, 2007 (4:50 am)

Replying to: frrussre (Feb 20, 2007 11:52 am)
Hi Frank. Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Envoy with 12,000 miles per year are 6.35% and 58%, respectively. General Motors is providing $500 bonus cash on this truck in Florida in February. Make sure to take this cash into account when negotiating your truck's capitalized cost.
 
Car_man
Host
Prices Paid Forum

#199 of 224 Re: reg envoy [Car_man] by frrussre

Feb 28, 2007 (7:00 am)

Replying to: Car_man (Feb 28, 2007 4:50 am)
Car_man,thanks for the info.
Reg. Frank R.

#200 of 224 Re: reg envoy [Car_man] by loub2b

Mar 02, 2007 (11:56 pm)

Replying to: Car_man (Feb 28, 2007 4:47 am)
Thanks car_man, turns out I took advantage of 0.5% 60 month gmac financing plus $1,000 rebate, invoice, and multiple additional rebate deals going on in February. I went with a loaded Envoy Denali and my wife is thrilled. Compared to the 02 and 04 Envoy SLT's we have had, GMC designed some nice touchs with the 07 Denali. We had the air suspension in the 02 SLT, but it didn't even come close to the air suspension ride standard on the Denali.

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