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Chevrolet Silverado Lease Questions

136 messages,  Last post on Apr 07, 2013 at 7:15 AM

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

    

Messages Page 5 of 14

#37 of 136 Re: Residual values [jstran] by Car_man HOST

Apr 11, 2007 (2:58 am)

Replying to: jstran (Apr 04, 2007 2:44 pm)
Hello jstran. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Chevrolet Silverado 1500 Crew Cab 4WD with 15,000 miles per year are 7.75% and 61%, respectively. The lease rate for an otherwise identical lease with only 12,000 miles per year would be the same, but its residual value would increase to 64%. I am not aware of any resource that provides accurate information on manufacturers' actual lease programs to the general public.
 
Car_man
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Prices Paid Forum

#38 of 136 Re: Expected Lease amount [Car_man] by swish1

Apr 17, 2007 (10:05 am)

Replying to: Car_man (Apr 11, 2007 2:55 am)
Thanks for the help Carman, here is the info:
 
MSRP $22,065, Selling price $17,550, 36 months, 15K/year, what would be an expected/good lease amt to pay? Also a single upfront lease payment.

#39 of 136 Re: Expected Lease amount [swish1] by Car_man HOST

May 01, 2007 (3:33 am)

Replying to: swish1 (Apr 17, 2007 10:05 am)
No problem, swish1. Thanks for the additional info. OK, so you're interested in leasing a new 2007 Chevrolet Silverado 1500 2WD EXT that has an MSRP of $22,065 and a selling price of $17,550 through GMAC right now for 36 months with 15,000 miles per year. According to my calculations, a lease through GMAC with the above parameters would have a zero down, pre-tax monthly payment of around $198. Something doesn't look right here. The prices that you mentioned look too low to be a redesigned Silverado. Are you interested in the "Classic" model? I don't believe that GMAC is offering leases on Silverado Classics any longer.
 
Car_man
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Prices Paid Forum

#40 of 136 2008 silverado crew cab by ngunter

Nov 27, 2007 (2:32 pm)

I have been looking at a 2008 crew cab 2 wheel drive loaded truck for MSRP $36,660.00. I have got the dealer to go to $1000.00 below invoice. $33,300.00. Is tis a good deal or should I get more. The above prices are with no rebates applied taking the 1.9% apr
 
thanks
Nick

#41 of 136 08 Silverado Lease Numbers by omahawright

Dec 04, 2007 (12:00 pm)

Hi Carman,
 
What are the current residuals and money factors on 08 Silveado's in the Omaha, NE area (KC region?)? I'm looking at an 08 Ext Cab with an MSRP of $31945 for 3yr/36k miles. Also, if you lease through GMAC, do you still get the incentives (currently $1000 if you buy)? I'm getting ready to talk numbers with a dealership and want an idea if whatever number they shoot me is fair or not. Thanks!!!

#42 of 136 Re: 2008 silverado crew cab [ngunter] by Car_man HOST

Dec 20, 2007 (4:53 am)

Replying to: ngunter (Nov 27, 2007 2:32 pm)
Hi Nick. $1,000 under dealer invoice before the deduction of any cash incentives is a very good deal on a 2008 Chevrolet Silverado. If you haven't finalized this deal yet, you're in luck. Last week GM rolled out $1,000 bonus cash that is compatible with all programs on all 2008 Silverado models. This cash should help you to get an even better price.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#43 of 136 Re: 08 Silverado Lease Numbers [omahawright] by Car_man HOST

Dec 20, 2007 (4:57 am)

Replying to: omahawright (Dec 04, 2007 12:00 pm)
Hi omahawright. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet Silverado 1500 Extended Cab with 12,000 miles per year are 4.75% and 60%, respectively. When negotiating your lease on this truck, make sure to take advantage of the $1,000 bonus cash that is currently available on it. Given this cash, the fact that GM has some additional dealer cash out there, and the fact that it's the end of the year, you should be able to negotiate a selling price that's well below dealer invoice right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#44 of 136 Re: 2007 Silverado lease [Car_man] by asylum575

Feb 15, 2008 (9:19 am)

Replying to: Car_man (Oct 31, 2006 6:04 am)
Local dealer has a 2008 Silverado ext cab, Msrp $28500 on a 39 lease for 279 a month. $1600 due at lease inception and a buy out of $17200. How do you calculate what they are selling the truck for?

#45 of 136 Re: 2007 Silverado lease [asylum575] by Car_man HOST

Feb 19, 2008 (3:57 am)

Replying to: asylum575 (Feb 15, 2008 9:19 am)
Hi asylum575. One could probably back into this truck's approximate selling price, but a better way to find it out is to just ask. The dealer will tell you exactly what it is. If they won't, then don't give them your business. There is some intense competition in the full-size pickup segment right now. If I was in the market for a new Silverado, I personally would shoot for dealer invoice minus the $1,000 bonus cash that GM is providing on it right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#46 of 136 Re: 2007 Silverado lease [Car_man] by soliday

Mar 05, 2008 (9:27 pm)

Replying to: Car_man (Feb 19, 2008 3:57 am)
Asylum, can you tell me where your friend found that deal please? I am trying to negotiate a similar deal here in San Diego, but I need the particulars so that I can have some leverage. They told me that deal "never existed"
 
Any info would be greatly appreciated!

Messages Page 5 of 14

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