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Chevrolet Silverado Lease Questions

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

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

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#9 of 65 Re: Current Offers [jericho88] by Car_man HOST Apr 03, 2006 (2:01 am)
Replying to: jericho88 (Mar 23, 2006 1:47 pm) Hi jericho88. This truck's lease program varies depending upon how long you lease for and how many miles per year you need to be allowed to drive. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. If you were to lease a 2006 Chevrolet Silverado 1500 Crew Cab through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 5.6% and 52%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. When negotiating your lease on this truck, keep in mind that GM is currently providing $1,500 lease cash plus an additional $1,000 bonus for models that have been in dealer inventory since mid-November on it. Make sure to take this cash into account when negotiating your truck's capitalized cost.   Car_man Host Smart Shopper / Prices Paid Forums
#10 of 65 Chevy Silverado 1500HD 4x4 Crew Cab by huntdakota Apr 06, 2006 (11:39 pm)
Hi...new to this forum so I'll cut to the chase. I'm a US serviceman overseas and when I get back to the States in June/July I plan to either buy or lease a Chevy Silverado Crew Cab.   The issue is cost and only cost. I will have to buy a home when I get to Fort Carson and am not anxious to have a truck payment much over $300.   Can someone please give me the straight scoop on this lease program please? I am willing to lease for 48 months and 12-15000 miles per year sounds about right. I don't care what the residual value is because when I turn it in, I will buy. What is meant by base and residual value by the way?   Showing my ignorance all over the place, but before I have to listen to some dealer harangue me about this, I'd like to have the answers I need in hand before I have to confront a saleman.   Grateful for any advice or assistance you can offer. Replies to this message: Car_man (Apr 20, 2006 8:24 am) ddown (Jun 01, 2006 11:30 am) Car_man (Jun 11, 2006 6:09 am)
#11 of 65 Re: Chevy Silverado 1500HD 4x4 Crew Cab [huntdakota] by Car_man HOST Apr 20, 2006 (8:24 am)
Replying to: huntdakota (Apr 06, 2006 11:39 pm) Hi huntdakota. You can find out everything that you ever wanted to know about leasing, including that residual value means, by checking out the following informative articles that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   Your lease payment for this truck depends a great deal on how much you pay for it. The selling prices of leased vehicles are negotiable, just as if you were paying cash for them. Let me know the exact MSRP of the truck that you are interested in leasing (you can find that here: Edmunds.com New Vehicle Pricing) and its approximate selling price (you may be able to get an idea about what that should be by going here: "Chevrolet Silverado: Prices Paid & Buying Experience") and I will gladly estimate what your lease payment should be for you.   Car_man Host Smart Shopper / Prices Paid Forums
#12 of 65 Re: Chevy Silverado 1500HD 4x4 Crew Cab [huntdakota] by ddown Jun 01, 2006 (11:30 am)
Replying to: huntdakota (Apr 06, 2006 11:39 pm) Yesterday I got a 2006 Z71 4X4 with 0 down even put taxes and plates on it. Just paid 1st payment 259.00. This was GMS + Military and Total incentives were 5250.00 vehicle was 4100 off sticker GMS. 27 month lease includin g road hazzard for tires and wheels.   BTW Leave for Afgghanistan in the AM   Hooah!!!! and I love the Truck Replies to this message: Car_man (Jun 11, 2006 6:09 am)
#13 of 65 Re: Chevy Silverado 1500HD 4x4 Crew Cab [ddown] by Car_man HOST Jun 11, 2006 (6:09 am)
Replying to: ddown (Jun 01, 2006 11:30 am) Congratulations on your new truck, ddown. Take care in Afghanistan. Stop back when you get back to the states to tell us how you like your new truck.   Car_man Host Smart Shopper / Prices Paid Forums
#14 of 65 2006 Silverado Duramax/Allison by formula280ss Jun 29, 2006 (5:30 pm)
Carman,   Can you please give me the money factors and residual for a 2500 HD Ext Cab 4x4 diesel? I think the LT3 package. The terms would be 27 months 10k per year.   Thanks. Replies to this message: Car_man (Jul 02, 2006 9:09 am) filly (Sep 25, 2006 12:37 pm) Car_man (Oct 11, 2006 1:37 am)
#15 of 65 Re: 2006 Silverado Duramax/Allison [formula280ss] by Car_man HOST Jul 02, 2006 (9:09 am)
Replying to: formula280ss (Jun 29, 2006 5:30 pm) Hi formula280ss. GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. According to the latest information that I have seen, if you were to lease a 2006 Chevrolet Silverado 2500 HD Extended Cab 4WD through GMAC right now for 24 months with 12,000 miles per year, its base lease rate and residual value should be 5.25% and 61%, respectively. I haven't seen this truck's 27 month program, but its lease rate for this term is probably the same.   Car_man Host Prices Paid Forums Replies to this message: filly (Sep 25, 2006 12:37 pm) Car_man (Oct 11, 2006 1:37 am)
#16 of 65 Re: 2006 Silverado Duramax/Allison [Car_man] by filly Sep 25, 2006 (12:37 pm)
Replying to: Car_man (Jul 02, 2006 9:09 am) Does a cash allowance, for example, the $4000 one good thru 10/2, apply to leases, or only when buying? How do you know? Replies to this message: Car_man (Oct 11, 2006 1:37 am)
#17 of 65 Re: 2006 Silverado Duramax/Allison [filly] by Car_man HOST Oct 11, 2006 (1:37 am)
Replying to: filly (Sep 25, 2006 12:37 pm) Hi filly. Unfortunately, the customer cash incentive that you mentioned in your post is only available on cash purchases of the Silverado. General Motors is providing special lease cash incentives on it right now though. I would be happy to tell you what they are if you tell me the exact truck that you are interested in and what state you are in.   Car_man Host Prices Paid Forum
#18 of 65 2007 Silverado lease by bluewater70c Oct 27, 2006 (1:02 pm)
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 Replies to this message: Car_man (Oct 31, 2006 5:04 am) kfranci2 (Oct 31, 2006 8:59 am) Car_man (Nov 01, 2006 2:22 am) bluewater70c (Nov 01, 2006 2:33 pm) Car_man (Nov 03, 2006 2:15 am) paqman (Dec 10, 2006 5:18 pm) Car_man (Jan 02, 2007 4:54 am) asylum575 (Feb 15, 2008 8:19 am) Car_man (Feb 19, 2008 2:57 am) and 1 more...

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