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Chevrolet Suburban Lease Questions

80 messages,  Last post on Mar 10, 2009 at 3:10 PM

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

What is this discussion about? Chevrolet Suburban, Car Leasing, SUV


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#1 of 80
Chevrolet Suburban: Lease Questions by Car_man HOST
Aug 31, 2005 (3:29 am)
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Chevrolet Suburban. Thanks.
 
Car_man
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#2 of 80
Re: Chevrolet Suburban: Lease Questions [Car_man] by dettleff
Nov 01, 2005 (1:08 pm)
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Replying to: Car_man (Aug 31, 2005 3:29 am)

Sorry if this is a novice question.
 
I just looked at a 2006 Suburban 1500LT w/ leather. The sticker was $44,770. The quote I got from the dealer was $37,877. What could I expect for a lease payment? Thanks.
#3 of 80
Re: Chevrolet Suburban: Lease Questions [dettleff] by Car_man HOST
Nov 07, 2005 (4:31 am)
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Replying to: dettleff (Nov 01, 2005 1:08 pm)

Hi dettleff. The only silly question about leasing is the one that you don't ask. Leasing can be very confusing if you don't understand how it works and dealers often take advantage of this. You seem to be new to the game of leasing. If so, 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.
 
The problem with estimating what the lease payment should be on the truck that you are interested in using the price that you were quoted is that the dealer probably took the $3,500 customer cash that General Motors is currently providing on the '06 Suburban into account to arrive at this price. GM's customer cash incentives are not compatible with its special lease program. You need to find out how much the dealer that you are working with is willing to sell you this truck for before the customer cash is taken into account. This will be its price if you want to lease it. Also, in order to give you an idea of what your lease payment will be like for this truck, I need you to tell me how long you want to lease it for and how many miles per year you need to be able to drive it.
 
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#4 of 80
Chevy lease program by grnfish
Mar 26, 2006 (12:06 pm)
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We are interested in a 2006 Suburban 4x4 Lt 1SM. What is the current lease program from GMAC on this vehical? We would be leasing it for 3 years and 15,000 miles.
#5 of 80
Re: Chevy lease program [grnfish] by Car_man HOST
Apr 03, 2006 (3:05 am)
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Replying to: grnfish (Mar 26, 2006 12:06 pm)

Greetings grnfish. If you were to lease a 2006 Chevrolet Suburban 4WD through GMAC for 36 months with 15,000 miles per year, its base lease rate and residual value should be 3.5% and 54%, respectively through April 4th. When negotiating your lease on this truck, keep in mind that GM is currently providing a $1,000 bonus on units that have been in dealer inventory since mid-November. Make sure to take this cash into account when negotiating the capitalized cost of the truck that you want.
 
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#6 of 80
Re: Chevy lease program [Car_man] by grnfish
Apr 04, 2006 (2:51 pm)
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Replying to: Car_man (Apr 03, 2006 3:05 am)

Thanks Car man. What is the program on the 2007?
#7 of 80
Re: Chevy lease program [Car_man] by grnfish
Apr 07, 2006 (3:28 pm)
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Replying to: Car_man (Apr 03, 2006 3:05 am)

Car Man has the lease program from GMAC changed for April? I am just interested in the 2006 Suburban. Thanks
#8 of 80
Re: Chevy lease program [grnfish] by Car_man HOST
Apr 20, 2006 (9:29 am)
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Replying to: grnfish (Apr 04, 2006 2:51 pm)

You're very welcome, grnfish.
 
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#9 of 80
Re: Chevy lease program [grnfish] by Car_man HOST
Apr 20, 2006 (9:34 am)
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Replying to: grnfish (Apr 07, 2006 3:28 pm)

Hi again. GM's lease program for some models did change for April, so let's take another look at GMAC's numbers for the Suburban. If you were to lease a 2006 Chevrolet Suburban through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 3.5% and 54%, respectively.
 
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#10 of 80
2007 Suburban Lease by roncoemd
Aug 17, 2006 (1:25 pm)
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I am entering into a lease of a 2007 Suburban LT3 with the options of second row captain chairs, third row bench seat, power liftgate and 20 inch chrome wheels. MRSP is $44,790 and purchase price is $38,800. Local tax rate 8%. The price reflects all dealer and customer incentives. Mileage is 20,000 per year and lease rate is 6.3%. No money down. My GMAC lease payment is going to be about $659 per month. Is this a good deal? What is the current GMAC residual for such a vehicle? What other expenses should I rightfully expect to pay at signing? Thanks, Ron

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