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Chevrolet Suburban Lease Questions

73 messages,  Last post on Aug 18, 2008 at 2:59 AM

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

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#66 of 73 Re: Suburban Lease - End early? [rockman59] by Car_man HOST Jun 24, 2008 (2:31 am)
Replying to: rockman59 (Jun 10, 2008 7:45 pm) Excellent point, rockman59. The trade-in values of SUVs are unbelievably bad right now. Any chance that Cassie had of getting out of her lease early with a minimal loss flew out the window when gas prices went this high. At least she is leasing and doesn't own the Suburban. I thank my lucky stars every day that I am leasing my SUV and that I will be able to get out of it and let the bank absorb the huge loss on it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: irishrogue1 (Jul 02, 2008 10:40 am) Car_man (Jul 07, 2008 3:45 am)
#67 of 73 Re: Suburban Lease - End early? [Car_man] by irishrogue1 Jul 02, 2008 (10:40 am)
Replying to: Car_man (Jun 24, 2008 2:31 am) Is the $2k customer cash and $2k bonus cash available on a lease? i assume the add'l $2000 purchase cash is not.   Can you confirm that rates/residual for july did not change when chevy updated incentives yesterday.   interesting that none of the ads or chevy website mention the choice of taking $4k/6k on a lease/purchase over the 0% financing for 72 mos.....   Given the inventory msot dealers seem to have can we expect that chevy will change around and increase the incentives on "leftovers" starting the week of July 7th or will they allow July to be a bust and wait for August to really blow out leftovers?   Also whey hasnt chevy touched the GM card redemption allowances?? I am sitting on over $5k and have to believe that they will at least double the existing $1500 limit that applies to my GM earnings or ideally drop the limits altogether and "reward" card users for the remaining '08s....   my goal is to purchase (maybe lease) an '08 Suburban LTZ stickering for $55k for a total of $12-14k off sticker at 2.9% over 60mos less another $2500-5000 in GM earnings.....Now I just need Chevy to play along and hold the 60mo rate at 2.9%, up the basic customer cash to $4k plus another bonus/purchase/conquest cash of $4k and tinker with the redemption allowances. anyone want to take bets?   I suspect that they wont seriously subsidize leases and risk getting these trucks back in 24-39 mos with low residuals and bloated buyout prices based on a soft used market and residuals based on MSRP that was $8-10k higher than the capitalized cost... Replies to this message: Car_man (Jul 07, 2008 3:45 am)
#68 of 73 Re: Suburban Lease - End early? [irishrogue1] by Car_man HOST Jul 07, 2008 (3:45 am)
Replying to: irishrogue1 (Jul 02, 2008 10:40 am) Hi irishrogue1. Through July 7th, General Motors is providing a total of $2,000 bonus cash that can be used on leases of the '08 Suburban through GMAC ($4,000 on cash purchases). It is difficult to say what GM's incentives will look like for the rest of July, but I would not be surprised if the 0% for 72 months and some of the bonus cash disappeared for a few weeks until GM realized that it will not be able to unload its leftover '08 models without aggressive promotions.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#69 of 73 suburban lease rebates...where did they go?? by bam419 Jul 16, 2008 (3:57 pm)
I had tagged a suburban through the GM pep program due to come in july 7th and it came in today... Unfortionatally for me they dropped the $4k rebates and my payment would be $170 higher which we cant afford... Do you think they will bring back the lease rebates for july or wait till august... I dont want to buy even with the $6k off I have bought my last 3 trucks and was actually excited to lease this time.. thanks pissed off in oxford MI
#70 of 73 Any better in August? by wiesemd Aug 04, 2008 (5:31 pm)
I'm interested in leasing a 2008 Suburban, 36 months, high end LTZ. I'm lucky enough to have a GM employee as a father-in-law, so I get to factor in GMS prices as well. What are the latest numbers for a lease deal, what rebates apply, latest residual values? Also, any clue if it is getting harder to get a lease, since it is all over the news that GMAC (as well as other domestic lease companies) are taking a beating on SUV's?   Thanks in advance!!! Replies to this message: Car_man (Aug 06, 2008 3:03 am) wiesemd (Aug 06, 2008 5:24 pm) Car_man (Aug 18, 2008 2:59 am)
#71 of 73 Re: Any better in August? [wiesemd] by Car_man HOST Aug 06, 2008 (3:03 am)
Replying to: wiesemd (Aug 04, 2008 5:31 pm) Hi wiesemd. Unfortunately, General Motors just cut way back on its lease support starting August 1st. It no longer offers special lease rates or residual values for the Chevrolet Suburban. As a result, if you were to lease one through GMAC you would have to use its standard lease program, which is absolutely horrific. If you absolutely have to lease this truck, you would be best off using the cash incentives that are available on it to reduce its selling price and than leasing it through an independent bank.   Instead of a special lease program, GM is now offering 0% financing for up to 6 years or $6,000 customer cash on the '08 Suburban.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: wiesemd (Aug 06, 2008 5:24 pm) Car_man (Aug 18, 2008 2:59 am)
#72 of 73 Re: Any better in August? [Car_man] by wiesemd Aug 06, 2008 (5:24 pm)
Replying to: Car_man (Aug 06, 2008 3:03 am) Thanks for the reply! Any recommendations on independent banks that offer leases? Replies to this message: Car_man (Aug 18, 2008 2:59 am)
#73 of 73 Re: Any better in August? [wiesemd] by Car_man HOST Aug 18, 2008 (2:59 am)
Replying to: wiesemd (Aug 06, 2008 5:24 pm) You're welcome, wiesemd. Dealers usually have access to systems that enable them to search the country for the bank that has the best available lease program on a particular vehicle at any given time. Chances are if there is a reasonable lease program available out there on the Suburban dealers will know about it and steer you in that direction.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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