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Chevrolet Tahoe Lease Questions

246 messages,  Last post on Jul 22, 2008 at 2:22 AM

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

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#237 of 246 Re: Leasing a 2008 Tahoe 1LT.. HELP! [mikeb33] by Car_man HOST May 07, 2008 (3:19 am)
Replying to: mikeb33 (Apr 22, 2008 9:16 am) Greetings Mike. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet Tahoe with 10,000 miles per year are 7.2% and 65%, respectively. When negotiating your lease on this truck, make sure to take the $1,000 owner loyalty / conquest cash that is currently available on it into account.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: pst2424 (Jun 16, 2008 3:40 pm) Car_man (Jun 24, 2008 2:39 am)
#238 of 246 Leasing 2008 Tahoe LT2 - HELP by pst2424 Jun 16, 2008 (3:40 pm)
Replying to: Car_man (May 07, 2008 3:19 am) What are the residuals and lease rates for 36 and 39 month lease 15k miles per year for 2008 Tahoe LT2- Also, is a price of $ 46,167 for the 08' Tahoe with Sun/Ent/Dest package, Z71, LT2, Bose and 3rd seat a good price? Is it normal to pay 1st payment, title, doc fee and tax on the $5500 (loyalty cash 4k plus 1500 GM points) upfront at delivery? Totaling about 1300.00? How do I get out of paying a security deposit? Replies to this message: Car_man (Jun 24, 2008 2:39 am)
#239 of 246 Re: Leasing 2008 Tahoe LT2 - HELP [pst2424] by Car_man HOST Jun 24, 2008 (2:39 am)
Replying to: pst2424 (Jun 16, 2008 3:40 pm) Here is the information that you're looking for, pst2424. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet Tahoe (not the Hybrid version) with 15,000 miles per year are 7.2% and 60%, respectively. The lease rate for an otherwise identical 39 month lease is the same, but the residual value is 59%.   The market for large SUVs is absolutely dead right now. If I was interested in leasing one, I personally wouldn't pay more than dealer invoice minus the $4,000 owner loyalty cash (if you qualify for it). If you are a returning GMAC lessee you may be able to avoid paying a security deposit, otherwise you will have to pay one.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#240 of 246 Tahoe Lease by jggolden Jun 27, 2008 (11:30 am)
Need some help and need it quick, I am about to lease an 08 Tahoe with GMAC. Dealer tells me $5,000 of the $7,000 in rebates can be applied to the lease, which is fine. However, when they ran the lease numbers and I inquired about the terms, they said GMAC's lease rate is 7.7%???? I keep seeing 7.2% on the board, the lease is 36 months, 15k a year. Can anyone, CarMan, tell me why this dealer is saying 7.7? Is the dealer trying to make something on this. Thanks in advance! This board has helped me tremendously by the way! Replies to this message: pst2424 (Jun 27, 2008 12:04 pm) jggolden (Jun 27, 2008 12:56 pm) jggolden (Jun 27, 2008 2:09 pm) Car_man (Jul 02, 2008 2:37 am)
#241 of 246 Re: Tahoe Lease [jggolden] by pst2424 Jun 27, 2008 (12:04 pm)
Replying to: jggolden (Jun 27, 2008 11:30 am) Yes, by offering you a rate of 7.7%, the dealer is making money on the financing from GMAC. 7.2% is the posted buy rate- stick to the 7.2%. Replies to this message: jggolden (Jun 27, 2008 12:56 pm) jggolden (Jun 27, 2008 2:09 pm) Car_man (Jul 02, 2008 2:37 am)
#242 of 246 Re: Tahoe Lease [pst2424] by jggolden Jun 27, 2008 (12:56 pm)
Replying to: pst2424 (Jun 27, 2008 12:04 pm) Thank you, I will do just that!! Almost makes me want to go to another dealer.
#243 of 246 Re: Tahoe Lease [pst2424] by jggolden Jun 27, 2008 (2:09 pm)
Replying to: pst2424 (Jun 27, 2008 12:04 pm) pst2424, do you know if the residual is higher than the 60% if you go with the LTZ model on the lease?? Replies to this message: Car_man (Jul 02, 2008 2:37 am)
#244 of 246 Re: Tahoe Lease [jggolden] by Car_man HOST Jul 02, 2008 (2:37 am)
Replying to: jggolden (Jun 27, 2008 2:09 pm) Hey jggolden. GMAC's residual value for a 36 month, 15k lease of the Tahoe is 60% for all trim levels in July.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#245 of 246 Tahow LTZ by thechairman1 Jul 15, 2008 (7:34 am)
Went looking yesterday at a lease on a 2008 Tahow LTZ with sun, ent, and dest package. 36 mths and 12,000 mi/yr. numbers quoted by the dealer seemed high (over $740/mth off of a selling price of slightly over $48,000).   Was also told that the $2000 rebate on leases ended back on Jul 7. Is this true? And, if so, what are the current numbers on these Tahoe leases? Money factor, residual value. Are there any current incentives?   Many thanks. Replies to this message: Car_man (Jul 22, 2008 2:22 am)
#246 of 246 Re: Tahow LTZ [thechairman1] by Car_man HOST Jul 22, 2008 (2:22 am)
Replying to: thechairman1 (Jul 15, 2008 7:34 am) Hi thechairman1. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet Tahoe with 12,000 miles per year are 7.2% and 63%, 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.   What you were told about the $2,000 cash incentive on leases disappearing is correct. I do not believe that General Motors is currently providing any cash incentives on leases of this truck.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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