120 messages,
Last post on May 20, 2013 at 3:56 PM
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Chevrolet Suburban, Car Leasing, SUV
#96 of 120 Re: Lease Deal - Suburban 2500 LT [cjwilson41]
by Car_man HOST
Apr 02, 2012 (4:03 pm)
I'm glad that you find the Edmunds forums so helpful, cjwilson41.
General Motors' lease rates are the same for all Suburban trim levels, but its residual values vary. Ally's current 39-month lease rate for all 2012 Suburbans is 1.1%.
As you can see, General Motors publishes lease rates instead of money factors for vehicles. you can convert its lease rates into approximate money factor equivalents by dividing them by 2400.
The residual value for a 39-month, 12,000 mile per year lease of 2012 Chevrolet Suburban 2500 LT AWD through Ally is 42%.
When negotiating your deal, make sure to take advantage of the $4,250 cash incentive that GM is providing on 39-month leases of this truck through Ally.
Car_man
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Apr 16, 2012 (6:45 am)
car man,
I wanted to check the deal I got for a 2012 suburban LS with the all star pakage.
39 month 10k miles
MSRP $48,965
Dealer lower the price to $45,337, then applied rebates and lease conquest
rebates $7244
adj cap cost $38,787
I paid $2907 for tax tags title and 1st month payment.
Payment is $489.00 per month
#98 of 120 Re: suburban lease [chuckso145]
by Car_man HOST
Apr 18, 2012 (4:25 pm)
Hi chuckso145. This looks like a very good deal to me.
Car_man
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#99 of 120 Suburban 2WD 1500
by eyemalive
Apr 19, 2012 (8:08 am)
Car_man
Could you please let me know what the current lease residual and money factor on 2012 Chevrolet Suburban 2WD 1500 LTZ is? Looking at 24 or 36 month lease.
Do the same rates apply to GMC Yukon XL's?
Also, what incentives should I look for?
Thanks a million in advance,
Josh
#100 of 120 Suburban 2wd 1500 lease
by svtcobrajon
Jun 16, 2012 (1:32 pm)
Carman
I've just started looking at leases for a 2wd 1500 LT, all star, leather . The first quote I got is below. I'm trying to guage where this stands. Looks to be on the high side to me.
MSRP 50255
Discount 3965
$ down 683 first payment
Rebate 4575
$683/month 12k miles
#101 of 120 Re: Suburban 2wd 1500 lease [svtcobrajon]
by Car_man HOST
Jun 18, 2012 (4:47 pm)
Hi svtcobrajon. There's probably a gap of around $3,500 between this truck's MSRP and dealer invoice price, so the $3,965 dealer discount that you are being given looks good to me.
If you're going through Ally, make sure that the dealer is using its current 36-month base lease rate of 1.0% to work up your payment.
Using the data that you mentioned, this truck's zero down, pre-tax monthly payment would be around $613. Sales tax would likely account for some of the difference. It's possible that some fees are being rolled into the lease as well.
Car_man
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#102 of 120 Re: Suburban 2wd 1500 lease [Car_man]
by dzeppos
Jun 20, 2012 (7:17 pm)
Hi Car Man.
Thanks for all the great input.
Working on a Suburban 4X4 LTD MSRP 53,990 -
Dealer quoted a $735 monthly (with CA tax incl) with $1581 drive offs. Really high for 39 month 42% residual, and used a money factor higher than 1.1
Question, can I use the Chevy $2000 rebate, AND the Ally financial incentive of $4575?
Better deal with Denali or Cadilllac Escalade ESV out there?
Thanks again,
#103 of 120 2012 Suburban LT 1500
by scgunner15
Jun 23, 2012 (4:42 pm)
Hi Car_man
I need a little help figuring a lease on this 2012 Suburban LT 1500 4x4.
I'm wanting to figure a 36 month 15k mile/yr lease. Is the rate 1% with a 40% residual? How much is the lease cash $4,575? Is there a lease conquest rebate of $2,000 that can be used if we currently are leasing a Ford vehicle?
Thank you for your time. We are located in SW Kansas.
#104 of 120 Re: Suburban 2wd 1500 lease [dzeppos]
by Car_man HOST
Jul 02, 2012 (3:04 pm)
Hi dzeppos. The $2,000 cash incentive is not compatible with the $4,500 lease cash.
Car_man
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#105 of 120 Re: 2012 Suburban LT 1500 [scgunner15]
by Car_man HOST
Jul 02, 2012 (3:08 pm)
Hi scgunner15. Yes, the 1.0% rate is available with the 40% residual value. The lease cash is indeed $4,575. The $2,000 conquest cash offer for current Ford lessees is compatible with the aforementioned cash incentive.
Car_man
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