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Chevrolet Tahoe Lease Questions
246 messages, Last post on Jul 22, 2008 at 2:22 AM
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I am looking to lease an 07 Tahoe lt3 in Boston Ma (sales tax 5%). Is 60% residual at 7.5% the same anywhere in the US? is there anywhere I can go on the web to stick these numbers in along with an asking price and calculate a monthly payment on a lease? or do I have deal with pushy salesmen?
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Replying to: dubbsy01 (Nov 24, 2006 11:44 pm) I am not sure of the same incentives apply to an LT, but they are dicounting between $7000 and $8000 below MSRP for an LS. I was told by the dealer 62% and 8.9% with a little "wiggle room" for excellent credit. I think the inception charges were quoted at about $1300 or $1400... |
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Went to another dealership in jersey city. This is what they offered; Tahoe 2007 LT3 Some options, leather seats, dvd, 20" rims. MSRP $47320 Selling Price $41099 (Supposedly) Lease rate 6% Residual Value 57% 36/39 mnths $659.00 + Tax. I definitely walked away from this deal. I don't know where they came up with this offer. When I told him that I did my own calculations, I came up with approx $458 + $40(tax). He says that I didn't do the cal right. For this type of money you can get the new audi truck. |
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I really want the 07 Tahoe but I think I am in a bind with current 04 GMC Yukon. I have 45,000 miles on my yukon and the dealer would only give me 18,000, this isn't surprising since that is about what Kelly BLue book says. Anyway the problem is that my pay off is 27,000. The dealer out here in California says the best deal to do is lease but that I would have to pay the difference of 9,000 and then of course that does not include the down payment of new vehicle. I realize I am completly upside down but if I wait a year or two won't it be worse with more miles, depreciated more etc. I guess another option is to sell it on my own and heopfully be able to get more than that. Amy ideas???
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Replying to: allison5 (Nov 25, 2006 8:45 pm) ____________________________________________________________ You just said it all....your only way out is to come up with the $$$ to pay off the loan or just continue to drive the '04 until the end of the contract. By keeping the vehicle the payoff will go down faster than the vehicle will depreciate and you will get back to having some equity. You could sell the '04 on your own but that would still leave you a sizeable payoff, less than $9K, but probably still around $6K to $7K. |
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Replying to: Car_man (Nov 01, 2006 3:27 am) Thanks for your help...
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Replying to: spiketudor (Nov 01, 2006 9:17 am) Car_man Host Prices Paid Forum |
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Replying to: scrump9154 (Nov 04, 2006 2:01 pm) Car_man Host Prices Paid Forum |
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Replying to: wiggles3 (Nov 07, 2006 11:01 am) Car_man Host Prices Paid Forum |
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Replying to: bigragu2 (Nov 12, 2006 9:09 am) Car_man Host Prices Paid Forum |
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