297 messages,
Last post on Apr 16, 2010 at 2:44 AM
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Prices Paid & Leasing Experiences Archive Forum.
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Chevrolet TrailBlazer, GMC Envoy, Oldsmobile Bravada, GMC Envoy XL, GMC Envoy XUV, SUV
#249 of 297 Re: Lease or Buy a 2007 Trailblazer [maya29]
by Car_man HOST
Feb 26, 2007 (4:38 am)
Greetings maya29. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Chevrolet Trailblazer with 15,000 miles per year are 5.9% and 55%, respectively. Negotiate the lowest selling price that you can on the truck that you want and then have the dealer that you are working with calculate its monthly payment using this lease program. If you let me know what state you are in, I can tell you if GM is providing any cash incentives on leases of this truck in your area right now.
If you are upside down on a vehicle that is only worth around $4,000, you may want to consider trying to sell it privately rather than trading it in. Consumers who sell their vehicles on their own are usually able to get a little more money for them than consumers who trade them in. Of course, there is some hassle associated with selling vehicles on your own. If you don't want to deal with it, you can trade your current vehicle in and either pay the money that you are upside down on it out of your own pocket or roll it into your lease.
Car_man
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Prices Paid Forum
#250 of 297 Re: Lease help on TB SS [gtpspeed]
by Car_man HOST
Feb 26, 2007 (4:42 am)
Hello gtpspeed. Your lease payment on the truck that you are interested in will depend upon what sort of selling price you are able to negotiate on it. If you provide me with its approximate selling price, I can crunch some numbers and come up with an approximate lease payment on it for you. You may be able to get an idea of how much you will have to pay for the Trailblazer that you want right now by visiting the following discussion: "Chevy Trailblazer/GMC Envoy/Olds Bravada: Prices Paid & Buying Experience". For now I can tell you that GMAC's current base lease rate and residual value for a 27 month lease of a 2007 Chevrolet Trailblazer with 15,000 miles per year are 5.9% and 63%, respectively.
Car_man
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Prices Paid Forum
#251 of 297 Re: 2005 Trailblazer Lease [shop4unow]
by Car_man HOST
Feb 26, 2007 (4:45 am)
I am sorry to hear about your situation, shop4unow. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Some of our most knowledgeable community members frequent that discussion and they are often kind enough to give others their opinion on vehicles' values. Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
Car_man
Host
Prices Paid Forum
#252 of 297 Re: Information regarding a 2007 Trailblazer SS [zims2730]
by Car_man HOST
Feb 26, 2007 (4:48 am)
Hi zims2730. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Chevrolet Trailblazer with 15,000 miles peer year are 5.9% and 55%, respectively. You will probably get a slightly lower lease payment if you go with a 39 month lease instead of a 36 month lease. This truck's 39 month lease rate is the same, but its residual value is 1% lower. I would be happy to tell you if GM is providing any cash incentives on this truck in your area right now if you let me know what state you are in.
Car_man
Host
Prices Paid Forum
#253 of 297 Re: Lease or Buy a 2007 Trailblazer [Car_man]
by maya29
Mar 03, 2007 (4:00 pm)
Thank you Car_Man for your response. I reside in Ohio. I was thinking about paying $1000.00 off of my current loan so that I can be even and not owe more then what the van is worth. From what you said I think I will go with this. Can you give me any tips of how to get the dealer to lower there price on a new 2007 vehicle? When is the best time to go, now or wait until the summer? I've read that it's better to shop for vehicles in certain months, is this true? Again Thanks for your help!!
#254 of 297 2007 Trailblazer LS 4wd
by ferreiror83
Mar 17, 2007 (7:02 pm)
wheeled and dealed for a bit and the dealer would not budge on $439 a month on a LS 4wd with sunroof...No running boards...This is with zero down...all fees, registration etc. rolled into payments...what do you think?
#255 of 297 Re: Lease or Buy a 2007 Trailblazer [maya29]
by Car_man HOST
Apr 11, 2007 (3:49 am)
You're very welcome, maya29. Shopping around is a great way to get a good price on a new vehicle. Call, e-mail, or visit a number of Chevrolet dealers and get price quotes on the Trailblazer that you are interested in. Then take the best price quote and give your local dealer the opportunity to match it. While you don't have to purchase your truck locally, all things being equal it doesn't hurt to do so. You also may be able to get an idea of how much you will have to pay for this truck right now by visiting the following discussion: "Chevy Trailblazer/GMC Envoy/Olds Bravada: Prices Paid & Buying Experience".
Generally speaking, the later one gets in the model year the more dealers are willing to discount vehicles. Having said this, significant discounts should be readily available on '07 Trailblazers right now. Mid-sized SUVs are not a very hot segment.
Car_man
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Prices Paid Forum
#256 of 297 Re: 2007 Trailblazer LS 4wd [ferreiror83]
by Car_man HOST
Apr 11, 2007 (3:50 am)
Hi ferreiror83. You never mentioned the selling price or MSRP of the Trailblazer that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
Host
Prices Paid Forum
#257 of 297 TrailBlazer Lease a Good Deal?
by texxmexx
Apr 19, 2007 (5:44 pm)
I am looking at leasing a 2007 Trailblazer and want to know if it's a good deal. I live in New York State (Erie County). It's a 2WD LS model MSRP is 30990, invoice and selling price is about 27900.00 The lease is for 48 months w/ 12,000 miles/year. Tax and Title etc. down. Payment is $299. Looks like a good deal I just want to make sure.
Any Help would be greatly appreciated.
Thanks,
TexxMexx
#258 of 297 Re: TrailBlazer Lease a Good Deal? [texxmexx]
by jhall111
Apr 23, 2007 (7:39 pm)
texxmexx-
Don't go for the 2WD!! Did you forget the WNY winter already?
I also live in WNY. Last week I leased a 2007 LS model with equipment group 2, power seat, and sun/sound/entertainment pkg. MSRP was 30,360 and sale price was 28,490 ($1870 discount) There was $5700 in hidden/unadvertized lease rebates available in addition to the discount. This included the GMAC lease cash, conquest, and a couple of other rebates as well.
The residual is 18,413 which must be heavily incentivized by GMAC because I know that number is way out of line with what the truck will actually be worth in three years.
All said, it came to $219.61 per month (39 months/10,000 mi. per year) with everything included...first payment, security, plates, tax, etc. I didn't put a penny down except for the fact that I redeemed $2,500 from my GM credit card card to cover the taxes and fees.
This deal also included one year of complimentary oil changes.
Shop around. Call Shults Chevrolet in Jamestown. I believe they are running this deal through the end of the month. www.shultsauto.com has their inventory and the TV clip for the current Trailblazer promo.