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Chevrolet Suburban Lease Questions

80 messages,  Last post on Mar 10, 2009 at 2:10 PM

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

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#36 of 80 Re: 2007 Lease Rate for K2500 Suburban [yojedi] by jimmy24 May 27, 2007 (5:14 am)
Replying to: yojedi (Feb 21, 2007 8:49 pm) Guys, two prong problem. My wife leased an 06 volvo xc90 and we are paying about 500/mo for 3 mos. We are about 1 year into lease and car just not big enough- wife wants suburban. Problem one, what is best way to get rid of volvo w/ about 2 years left on lease, am i going to have to eat a lot of money? Problem two, went to Atlanta d'ship yesterday and they quoted 750/mo for 36 mo lease even though suburban only 7-8k more than Volvo. What gives? Is there a comprable suv less in lease? Tahoe? Also, given we're in the lease is there a better time of year when Chevy has incentives on the suburban LT? Thanks and sorry for all the questions.   Jimmy Replies to this message: rockman59 (May 28, 2007 1:00 pm) Car_man (Jun 06, 2007 2:21 am)
#37 of 80 Re: 2007 Lease Rate for K2500 Suburban [jimmy24] by rockman59 May 28, 2007 (1:00 pm)
Replying to: jimmy24 (May 27, 2007 5:14 am) Jimmy24 said: Problem one, what is best way to get rid of volvo w/ about 2 years left on lease, am i going to have to eat a lot of money? __________________________________________________________ Probably. 2 years is a long time to be left on a lease you want to bail on. Those $750 payments on a new Suburban may include your lease payoff on the Volvo. Otherwise it seems way high for just the Suburban. Better sharpen up the pencil and see whats going on.
#38 of 80 Re: Suburban Lease [newsman] by Car_man HOST Jun 06, 2007 (2:14 am)
Replying to: newsman (May 22, 2007 9:09 am) Here you go, newsman. This truck's lease program varies by term and mileage allowance. 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. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Chevrolet Suburban with 15,000 miles per year are 6.9% and 60%, 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.   Car_man Host Prices Paid Forum
#39 of 80 Re: 2007 Lease Rate for K2500 Suburban [jimmy24] by Car_man HOST Jun 06, 2007 (2:21 am)
Replying to: jimmy24 (May 27, 2007 5:14 am) Hello Jimmy. 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". 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.   General Motors' lease program on the Suburban is not very attractive, but a $750 lease payment still sounds pretty high. What MSRP and selling price were you quoted for the truck that you want? Let me know and I will give you a detailed analysis of this deal.   Car_man Host Prices Paid Forum
#40 of 80 Re: 2007 chevy suburban leases [my3boys1] by isalex Sep 01, 2007 (2:58 pm)
Replying to: my3boys1 (Apr 10, 2007 12:18 pm) Hi Car-Man:   It is Labor Day wekend (9/1/2007), and I am trying to lease a Chevy Suburban LTZ for 3 yr lease, 12k miles, $700/month or lower. I live in the Daly City, California area. If anyone has hints.referrals, I would surely appreciate it. I am ready to sig up ASAP. The 2008's are in and so I am hoping to catch a good deal on the 2007's. THANK YOU IN ADVANCE!!!! Replies to this message: isalex (Sep 01, 2007 3:23 pm)
#41 of 80 Re: 2007 chevy suburban leases [isalex] by isalex Sep 01, 2007 (3:23 pm)
Replying to: isalex (Sep 01, 2007 2:58 pm) Oops...I forgot to add that I want to put nothing down, and get the 2007 Suburban LTZ for $700, INCLUDING TAX, or less. I think it is very possible although the dealers will say otherwise. I can smell a big sale after Labor day....am i wrong??
#42 of 80 Press Request by KarenS HOST Nov 08, 2007 (5:13 am)
A reporter seeks to talk with consumers who just purchased a new large SUV. Please send the make and model of your vehicle along with your daytime contact information to ctalatiedmunds.com no later than Thursday, November 8, 2007.
#43 of 80 2008 Suburban Lease by sampson464646 Dec 11, 2007 (12:51 pm)
Hello, I have neogiated a purchase price on a LTZ 4x4 of $46,800 - would someone assist me with a 24 and 36 month lease price? Thanks for the assistance! Replies to this message: Car_man (Dec 21, 2007 2:14 am) mikes4 (Dec 23, 2007 7:25 pm) Car_man (Jan 15, 2008 3:21 am)
#44 of 80 New 2008 Suburban 2500 4x4 Lease by micromediums Dec 19, 2007 (9:56 pm)
Hi Everyone,   I leased a new 2008 Suburban 2500 4x4 w/LT3. Thing is loading with Nav System... the works!!! I think I got a good deal, but wanted to know if others thought so. Plus I'd like to know if anyone else has an estimate for "real-life" MPG?   Note: I do not get GM Discount of any kind. $3550 in available rebates & bonus Cash. MSRP 54,274 BuyPrice : 48,000 39month/15000 miles a year. Residual 60% and 7.2% lease rate. $854 due at signing, $589 a month (Note sales tax rate 6%, plate transfer)   Did I do good? Thanks for any and all feedback. Replies to this message: go8 (Dec 20, 2007 2:47 pm)
#45 of 80 Re: New 2008 Suburban 2500 4x4 Lease [micromediums] by go8 Dec 20, 2007 (2:47 pm)
Replying to: micromediums (Dec 19, 2007 9:56 pm) Hi. At that price, I think you basically stole the truck from the dealer! With no money down, the cost should have been over $650 a month.

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