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Chevrolet Suburban Lease Questions

69 messages,  Last post on Jul 16, 2008 at 3:57 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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#48 of 69
Re: 2008 Suburban Lease [mikes4] by Car_man HOST
Jan 15, 2008 (4:21 am)
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Replying to: mikes4 (Dec 23, 2007 8:25 pm)

Thanks for the additional information, mikes4. OK, according to my calculations, if you were to lease a 2008 Chevrolet Suburban LTZ 4x4 that has an MSRP of $54,300 and a selling price of $46,800 through GMAC right now for 24 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $684. The payment for an otherwise identical 36 month lease would be around $634.
 
When negotiating your lease on this truck, keep in mind that the $2,000 customer cash that General Motors is currently providing on it is not compatible with its special lease program.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#49 of 69
To Car_Man - 08' Suburban LTZ 10K/Year Lease by srf2
Feb 10, 2008 (7:17 pm)
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Car_Man: Could you please tell me the current lease rate and residual value from GMAC for a 2008 Suburban LTZ? Thank you!
#50 of 69
Re: To Car_Man - 08' Suburban LTZ 10K/Year Lease [srf2] by Car_man HOST
Feb 19, 2008 (4:12 am)
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Replying to: srf2 (Feb 10, 2008 7:17 pm)

Here's the information that you're looking for, srf2. You never mentioned how long you want to lease this truck for or what mileage allowance you need, so 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 2008 Chevrolet Suburban with 15,000 miles per year are 7.2% and 60%, respectively. When negotiating your lease on this truck, make sure to take the $1,000 bonus cash that GM introduced on it last week into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#51 of 69
2008 Suburban Z71 by gpd219
Feb 20, 2008 (2:26 pm)
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Car_Man-
 
I live in Central CA looking for a 2008 Suburban Z71 4WD, 2nd row buckets, DVD, Nav...and pretty much every other option. I was quoted 705-month with tax and $2200 out the door on 39 months/39K miles. My quote show a cost of 48,594 and a residual of 32,511. Does this look good/bad/ok??
 
Thanks!
#52 of 69
help help help by pebsz
Feb 20, 2008 (11:04 pm)
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I am in a horribile position: I currently have a supercharged range rover that I paid 90k for. I currently owe 63k. The chevy dealer told me that the most they could give me for it was 53k. I wanted to roll negative into new lease. I am looking to lease a 08 suburban with a msrp of 52k 15k miles 36 mths florida sales tax. He is a long time friend( haha)`but true. He is telling me that he is only making money on the holdback. He is giving me a payment of 1240 per month. I think is is way to high. What do you think?
#53 of 69
Alternative to dealing with a dealership by carjuggler
Feb 24, 2008 (11:22 am)
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If you are looking for a short term lease with almost no money down keep in mind that people are trying to get out of thier leases using various lease trading websites. I am one of those people and am even offering extra money down just to get rid of it! Just another option... no dealer needed!
#54 of 69
Lease 08 suburban by metro2
Feb 27, 2008 (10:26 am)
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I have been looking at a 2008 suburban LTZ loaded. MSRP 55930 with a gms price of 48567....3000 rebates bring it down to $45567....No money down at 39 months and 15k per year....Price quote is 629 per month. Is that in line with what your numbers say? Thank you in advance.....
#55 of 69
Re: 2008 Suburban Z71 [gpd219] by Car_man HOST
Apr 07, 2008 (3:31 am)
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Replying to: gpd219 (Feb 20, 2008 2:26 pm)

Hi gpd219. You need to compare the selling price that you mentioned to this truck's full MSRP. That will show you how much of a discount you are being given on it. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If I was in the market for a 2008 Chevrolet Suburban right now, I personally would shoot for a selling price of around $500 over dealer invoice or so, minus the $1,000 owner loyalty cash that is available on leases of it right now, if you are eligible for it. You can look up this truck's exact invoice price by visiting the New Vehicle Pricing section of this site.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#56 of 69
Re: help help help [pebsz] by Car_man HOST
Apr 07, 2008 (3:44 am)
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Replying to: pebsz (Feb 20, 2008 11:04 pm)

Hi pebsz. Why not just keep your Range Rover until you are less upside down on it? Rolling $10,000 in negative equity into your new lease, if that is even possible, is definitely not a good idea.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#57 of 69
Re: Lease 08 suburban [metro2] by Car_man HOST
Apr 07, 2008 (3:53 am)
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Replying to: metro2 (Feb 27, 2008 10:26 am)

Hi metro2. I would be happy to work up a lease payment on this truck for you. Keep in mind though that the $2,000 customer cash that General Motors is currently providing on the 2008 Chevrolet Suburban is not compatible with GMAC's special lease program. GM is providing a $1,000 owner loyalty incentive on the 2008 Suburban. Given the fact that you are taking advantage of GMS pricing, I suspect that you qualify for this and I will take it into account. According to my calculations, if you were to lease a 2008 Chevrolet Suburban that has an MSRP of $55,930 and a selling price of $47,567 (GMS - $1,000 loyalty) through GMAC right now for 39 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $616.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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