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Chevrolet Tahoe Lease Questions

246 messages,  Last post on Jul 22, 2008 at 2:22 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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#218 of 246
Re: chevrolet tahoe ltz [skaz] by sdoo25
Oct 12, 2007 (7:43 am)
Reply

Replying to: skaz (Oct 08, 2007 5:40 pm)

i have been offerd a fully loaded chevrolet tahoe ltz - the elctric running boards.. a sticker price of 53,140. if i can get a selling price of 49k with the 0% financing on an 07 is that a good deal or can i do better
 
You can do better. There are ads in the Tampa, FL area for $10k off MSRP (that's w/the special financing). We recently bought an 07 Suburban and had other financing so we received the rebates and got about $14k off MSRP. Check all the dealers in your area for any ads and maybe negotiate w/the internet dept instead of a regular salesman.
#219 of 246
08 LTZ lease by sstaley
Oct 17, 2007 (11:14 am)
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Hi, I am new to the board and looking for some guidance on what to expect for a new Tahoe LTZ 39 month 10k/yr. lease....
MSRP is 53,370
GMS 46,336 (which I qualify for)
what kind of rebates or incentives are out there? I am clueless!!!
#220 of 246
2007 LTZ by tahoemg
Oct 20, 2007 (8:30 pm)
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im looking for the best lease deal in southern california for a Tahoe LTZ. Has somebody recently leased one in the southern cal area? if so, what were the terms? Thanks.
#221 of 246
Press Request by KarenS HOST
Nov 08, 2007 (6:12 am)
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A reporter seeks to talk with consumers who just purchased a new large SUV. Please send the make and model of your vehicle along with your daytime contact information to ctalatiedmunds.com no later than Thursday, November 8, 2007.
#222 of 246
tahoe lease questions by jstewart48
Dec 08, 2007 (6:25 pm)
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I'm new to leasing and need some help on leasing a 08 Tahoe LTZ 10k/yr and not sure on the length. What is the best way to go about getting the best deal on a lease.
#223 of 246
Re: tahoe lease questions [jstewart48] by Car_man HOST
Dec 21, 2007 (3:21 am)
Reply

Replying to: jstewart48 (Dec 08, 2007 6:25 pm)

Welcome jstewart48. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the best way to get a good deal on a lease is to focus on two numbers, the selling price of the vehicle that you want and the lease rate or money factor that is being used to calculate its monthly payment. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If I was in the market for a 2008 Chevrolet Suburban and I was in an area that has a decent level of competition, I personally would shoot for a selling price of around $500 over dealer invoice before the deduction of the $1,000 bonus cash that is available on this truck and see what happens.
 
Once you have arrived at a selling price that you are comfortable with, have the dealer that gives it to you calculate your monthly payment using GMAC's current base lease rate of 7.2% and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#224 of 246
Re: tahoe lease questions [Car_man] by rapbanker
Dec 21, 2007 (2:17 pm)
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Replying to: Car_man (Dec 21, 2007 3:21 am)

Car Man, I negotiating a lease on a 2008 Tahoe LT2 currently. 36 months, 12k miles per year. Dealer states the money factor (with waived sec. deposit) is 8.7% and that the Bonus Cash and Customer Cash do not apply. Is this accurate?
 
Thanks for all your help!
#225 of 246
Re: tahoe lease questions [rapbanker] by rapbanker
Dec 28, 2007 (11:38 am)
Reply

Replying to: rapbanker (Dec 21, 2007 2:17 pm)

In case anyone is interested, here are the current lease details for Dec 07. Residual for 36 - 47 months is 60% for 15K and 63% for 12k. APR = 7.2% with sec. deposit or 7.7 without. The $1,000 customer cash is applicable to the lease, but not the $750 bonus cash.
 
My deal:
MSRP: $40,750 (Tahoe 2WD LT2)
Lease pmts (nothing down) $499/mo for 39 months before tax.
#226 of 246
Down Payment assistance voucher by hill0523
Jan 13, 2008 (3:45 pm)
Reply
I received a down payment assistance voucher that I can use towards a new 2008 tahoe that is valued at $3000 and any manufacturer rebates are in addition. Does anyone know what the catch is to this offer?
#227 of 246
Re: tahoe lease questions [rapbanker] by Car_man HOST
Jan 15, 2008 (4:44 am)
Reply

Replying to: rapbanker (Dec 21, 2007 2:17 pm)

Hi rapbanker. GMAC's current base lease rate for the 2008 Chevrolet Tahoe is only 7.2%. It sounds funny to say "only" with a terrible lease rate like that, but it is less than the 8.7% that you were quoted. The dealer that you are working with may be trying to mark your truck's money factor up to add additional hidden back-end profit to your deal. The $2,000 customer cash that GM is offering on this truck is not compatible with this lease program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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