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Chevrolet Tahoe Lease Questions

244 messages,  Last post on Jul 02, 2008 at 2:37 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#166 of 244
Re: 2007 Tahoe LTZ in MA [heron25] by Car_man HOST
Jul 16, 2007 (3:25 am)
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Replying to: heron25 (Jun 06, 2007 12:15 pm)

You're very welcome, heron25. Below invoice before the deduction of any available cash incentives is an excellent deal on an '07 Tahoe (which btw I think is an amazing truck). Those high gas prices must really be sapping the demand for large SUVs.
 
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#167 of 244
Re: 24 Month Low Mileage Lease [shfawaz] by Car_man HOST
Jul 16, 2007 (3:36 am)
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Replying to: shfawaz (Jun 07, 2007 9:17 am)

Here's the information that you're looking for, shfawaz. GMAC's current base lease rates and residual values for a 24 month lease of any 2007 Chevrolet Tahoe with 10,000 miles per year are 6.9% and 65%, respectively. The only lease cash that is available on leases of this truck right now is $500 on models that have the 1LT package. Having said this, there is a special $1,000 bonus cash incentive on older large SUV models that have been in dealer inventory since early January.
 
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#168 of 244
Re: Car Man Is this a good deal? [cams3] by Car_man HOST
Jul 16, 2007 (3:46 am)
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Replying to: cams3 (Jun 13, 2007 6:48 am)

Hello cams3. I don't think that you are going to be able to negotiate a lower selling price on this truck than the one that you are being given through General Motors' supplier purchase program. GMAC's current base lease rate and residual value for a 39 month lease of an '07 Tahoe with 10,000 miles per year are 6.9% and 64%, respectively.
 
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#169 of 244
Re: Check This Deal Out / 2007 Tahoe LTZ [audibuyer] by Car_man HOST
Jul 16, 2007 (3:53 am)
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Replying to: audibuyer (Jun 20, 2007 3:00 pm)

Hi audibuyer. That lease payment is really high. You were quoted a money factor of .00790 ?! That doesn't sound right to me. That is equivalent to an interest rate of almost 19%. If you lease through GMAC, make sure that the dealer uses its base lease rate of 6.0%. The 6% rate is equivalent to a money factor of around .00250. The residual value that you were quoted is correct for 36 month lease of this truck with 15,000 miles per year.
 
Make sure to stop by the following discussion to see how much other community members have paid for their Tahoes lately: "Chevy Tahoe: Prices Paid & Buying Experiences".
 
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#170 of 244
Re: Question on Tahoe Lease in NJ [jims52] by Car_man HOST
Jul 17, 2007 (2:15 am)
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Replying to: jims52 (Jul 01, 2007 5:55 am)

Hi jims52. You never mentioned the selling price of the Tahoe that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
 
What you were told about General Motors customer cash allowance is correct. It is not available on vehicles that are leased through GMAC. It is difficult to predict exactly what manufacturers will do with their future lease programs, but I do not anticipate making any significant enhancement to the Tahoe's program.
 
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#171 of 244
Re: 07 Tahoe LTZ [philly70] by Car_man HOST
Jul 17, 2007 (2:17 am)
Reply

Replying to: philly70 (Jul 12, 2007 10:45 am)

Here's the info that you're looking for, philly70. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Chevrolet Tahoe with 15,000 miles per year are 6.9% and 60%, respectively. The lease rate for an otherwise identical 39 month lease would be the same, but its residual value would be 1% lower. 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.
 
Car_man
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Prices Paid Forum
#172 of 244
'07 Tahoe LT3-Good Deal? by illinoisman
Jul 29, 2007 (8:12 am)
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Any comments on this deal-Illinois buyer, tax 6.5%, quote for LT3, with entertainment system, for 48 months, at 12K, $623. Nothing down, only payment at inception is first payment and transfer of plates.
#173 of 244
Re: Car_man, can you please give me a rough leaese estimate on a Tahoe [dcb [Car_man] by dcbeltran
Aug 07, 2007 (8:09 am)
Reply

Replying to: Car_man (Feb 01, 2007 4:29 am)

Okay Carman here is what I'll probably do depending what is a better deal once I get it. I will be getting a either a Tahoe or Escalade(I posted Escalede prices under that forum)through the PEP program. Here are the numbers on what the Tahoe would cost me depending on the milage of time of inception. Can you give me a rough estimate on 36mo lease with 15k miles a year. From what I understand I can get whatever incentives are out there as well for the PEP program vehicles.
Thanks
 
MSRP 50445.00
PEP Mileage Price
  PEP1 1-3,000 $42116.00
  PEP2 3,001-6,000 $41043.50
  PEP3 6,001+ $39792.25
#174 of 244
2007 Tahoe Lease by stanman4
Aug 09, 2007 (12:26 pm)
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Replying to: Car_man (Jun 06, 2007 3:56 am)

Can someone help me figure out a lease? I am looking at a 2007 Chevy Tahoe MSRP $49,305 Invoice $44,116. Rebates of $2000 and a Marketing Support of $3000( I don't know if this will benefit me or not).
 
I am looking at either a 36 or 48 month lease with 15K miles p/year.
 
Zero down.
 
Any help would greatly be appreciated
#175 of 244
Re: '07 Tahoe LT3-Good Deal? [illinoisman] by Car_man HOST
Aug 10, 2007 (2:19 am)
Reply

Replying to: illinoisman (Jul 29, 2007 8:12 am)

Hi illinoisman. You never mentioned the selling price or MSRP of the Tahoe that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this what truck's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what these numbers are.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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