- #6 of 80
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Re: Chevy lease program [Car_man]
by grnfish
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Apr 04, 2006 (1:51 pm)
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Replying to: Car_man (Apr 03, 2006 2:05 am)
Thanks Car man. What is the program on the 2007?
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- #7 of 80
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Re: Chevy lease program [Car_man]
by grnfish
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Apr 07, 2006 (2:28 pm)
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Replying to: Car_man (Apr 03, 2006 2:05 am)
Car Man has the lease program from GMAC changed for April? I am just interested in the 2006 Suburban. Thanks
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- #8 of 80
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Re: Chevy lease program [grnfish]
by Car_man HOST
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Apr 20, 2006 (8:29 am)
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Replying to: grnfish (Apr 04, 2006 1:51 pm)
You're very welcome, grnfish.
Car_man
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- #9 of 80
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Re: Chevy lease program [grnfish]
by Car_man HOST
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Apr 20, 2006 (8:34 am)
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Replying to: grnfish (Apr 07, 2006 2:28 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.
Car_man
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- #10 of 80
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2007 Suburban Lease
by roncoemd
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Aug 17, 2006 (12:25 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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- #11 of 80
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Re: 2007 Suburban Lease [roncoemd]
by roncoemd
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Aug 25, 2006 (11:57 am)
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Replying to: roncoemd (Aug 17, 2006 12:25 pm)
This is to inform everyone of the deal that I got on a 2007 Suburban LT3 with second row captain chairs, third row bench seat, power lifgate and 20 inch chrome wheels. MRSP was $44,790. Purchase price $38,800. GMAC residual was 60% and lease rate 6.3%/money factor .002625. With 20,000 miles per year and 8% local tax, my lease payment is $587.00. I paid the GMAC lease acquisition fee of $595 and deposit of $600 up front. This deal included the dealer keeping the customer cash back incentive of $2,000 and the dealer cash incentive currently being offered of $1,000. The base lease rate without tax and the additional miles above the standard 15,000 per year(5000 miles per year at 10 cents per mile) is $504.00 per month. Hope you can benefit from this information. Ron
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- #12 of 80
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Offer from Dealer...
by pmannymo
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Dec 18, 2006 (7:08 pm)
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I was quoted the following on an 07 LT# with various options and just wondering if Car_man could render an opinion as to how it looks. I am happy with the capital cost (I am getting partner's pricing which seems to reduce the MSRP to nearly the invoice price without the haggling). I know I am probably leaving out needed details but here's what I can think of:
Cap Cost: $46,422
12k per year
39 month lease
$672 per month (including tax)
$1,472 in inception fees that include 1st month's payment
Thanks in advance!
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- #13 of 80
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2007 suburban lease
by jb1hb1997
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Dec 21, 2006 (6:34 am)
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Hi carman, I am looking to lease a new 2007 chevy suburban by the end of this year with an msrp of $46,214. and I can get the vehicle for $40,017. (gm supplier discount + current offers). I am looking for a 36 or 39 month lease with $0. down Can you please tell me what monthly lease price I should be expecting to pay?
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- #14 of 80
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Re: Offer from Dealer... [pmannymo]
by Car_man HOST
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Jan 09, 2007 (2:54 am)
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Replying to: pmannymo (Dec 18, 2006 7:08 pm)
Hi pmannymo. If you are able to lease a 2007 Chevrolet Suburban with a capitalized cost that is close to dealer invoice, you are getting a good deal. Just make sure that the dealer you are working with uses GMAC's base lease rate of 6.9% to calculate your truck's lease payment and you're in business.
Car_man
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- #15 of 80
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Re: 2007 suburban lease [jb1hb1997]
by Car_man HOST
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Jan 09, 2007 (3:03 am)
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Replying to: jb1hb1997 (Dec 21, 2006 6:34 am)
I'd be happy to work up a sample lease payment on this truck for you, jb1hb1997. According to my calculations, if you were to lease a 2007 Chevrolet Suburban that has an MSRP of $46,214 and a selling price of $40,017 through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $537. The selling price that you mentioned is very very low. I suspect that it some sort of cash incentive, like the $2,000 customer cash that General Motors is currently providing on the '07 Suburban, was used to arrive at it. Unfortunately, no cash incentives are compatible with GMAC's current lease program for this truck. As a result, the capitalized cost for a lease of one through GM's supplier program would probably be a little higher than this and so would its monthly payment.
Car_man
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