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Chevrolet Silverado Lease Questions

65 messages,  Last post on Oct 05, 2008 at 5:49 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Chevrolet Silverado 1500, Chevrolet Silverado 1500HD, Car Leasing, Truck


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#18 of 65
2007 Silverado lease by bluewater70c
Oct 27, 2006 (1:02 pm)
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I've been looking at a new body 2007 Silverado LTZ. Sticker is 41,500 and best price dealer selling price is 38,500. I am thinkin I may want to lease and then buy at the end of the lease term. Can you give me some figures on what I might be looking at in terms of a 24 or 30 month lease with 15k miles per year. I am also willing to put down 5k. I can't seem to find any info on rates, residuals etc.
 
At the end of the term the residual value is what I can purchase the truck for? New to leasing.
 
Thanks
#19 of 65
lease new silverado by chevyman14
Oct 30, 2006 (8:38 pm)
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I would like to lease the new chevy silverado, but i would like the residual values for a 27month lease low milage. 24 month 12k, 24 15k, 36 12k and 36 15k this will help me calculate my best deal. also what are the interest rates going on the new trucks. thanks guys
#20 of 65
Re: 2007 Silverado lease [bluewater70c] by Car_man HOST
Oct 31, 2006 (5:04 am)
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Replying to: bluewater70c (Oct 27, 2006 1:02 pm)

Hi bluewater70c. GMAC's current base lease rate and residual value for a 24 month lease of a 2007 Chevrolet Silverado Classic 1500 Crew Cab LTZ 4WD with 15,000 miles per year are 5.6% and 60%, respectively. The lease rate for an otherwise identical 30 month lease would be the same, but the residual value would be 56%. In answer to your second question, your vehicle's residual value (the aforementioned percentage times its full MSRP) is the price that you would have to pay to purchase your truck at lease-end if the bank that you are working with is not willing to negotiate with you.
 
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#21 of 65
Re: 2007 Silverado lease [Car_man] by kfranci2
Oct 31, 2006 (8:59 am)
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Replying to: Car_man (Oct 31, 2006 5:04 am)

Hi Car-Man, is there any lease cash available in the Mpls area on an 07 Silverado crew cab classic? I am looking to lease a silverado with a MSRP of 32250. The invoice is 29283 from which i would subtract any rebates and 2750 from GM card as the selling price. I am looking for a 30-month lease with 12,000 miles. Thanks for you rhelp!
#22 of 65
Re: 2007 Silverado lease [kfranci2] by Car_man HOST
Nov 01, 2006 (2:22 am)
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Replying to: kfranci2 (Oct 31, 2006 8:59 am)

Hi kfranci2. General Motors is currently providing $500 lease cash on all 2007 Chevrolet Silverado Classic 1500 Crew Cab models.
 
Car_man
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#23 of 65
Re: 2007 Silverado lease [Car_man] by bluewater70c
Nov 01, 2006 (2:33 pm)
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Replying to: Car_man (Oct 31, 2006 5:04 am)

Hi Carman. My question was in relation to the New 900 Chevy Silverado, not the classic series. Any information would be great. I am getting the standard line of "we can only lease at the MSRP and not our best price" line. How can I get them to move to lease at the best price #. Thanks
#24 of 65
no answer by chevyman14
Nov 02, 2006 (1:42 pm)
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does my question get answered? If there is no info regarding residuals that i have requested, then just say so!
quit leaving me in the dark.
#25 of 65
Re: 2007 Silverado lease [bluewater70c] by Car_man HOST
Nov 03, 2006 (2:15 am)
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Replying to: bluewater70c (Nov 01, 2006 2:33 pm)

Ahhhh, so you want a new redesigned Silverado. The fact that GM is making two different versions of the same truck for the 2007 model year is going to cause a lot of confusion. I am not surprised that the dealer you spoke with wanted to charge you full MSRP for the redesigned Silverado. Consumers who want to the the first on their block to have a new vehicle usually have to pay full MSRP, or fairly close to it. Eventually the prices for the new Silverado will come down, much like they have started to with GM's new redesigned SUVs, but if you want to get one now MSRP may be the best that you can do.
 
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#26 of 65
Re: lease new silverado [chevyman14] by Car_man HOST
Nov 03, 2006 (2:20 am)
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Replying to: chevyman14 (Oct 30, 2006 8:38 pm)

Hi chevyman14. You only asked your question a day or two ago. I just hadn't gotten to it yet. Are you talking about the new redesigned 2007 Silverado? General Motors has not published a lease program for it yet. So I doubt that even Chevy dealers know what this truck's lease program is going to be like at this point.
 
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#27 of 65
Avalance by bluewater70c
Nov 06, 2006 (12:56 pm)
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CarMan. I was looking for an Avalanche price/lease page but the only one has not been posted since last year. Can you give me an idea of what kind of lease payment/incentives I would see on a 2007 LT3 Ave MSRP 41,200 and priced by the dealer at 38,500 I do have 1k in loyalty for my current lease but I have seen 3k rebates on Ave right now. Lease would be 24mo 15k per year. Thanks

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