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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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#78 of 246
Are those lease rates the same across the board? by dubbsy01
Nov 24, 2006 (11:44 pm)
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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?
#79 of 246
Re: Are those lease rates the same across the board? [dubbsy01] by dogs835
Nov 25, 2006 (8:56 am)
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Replying to: dubbsy01 (Nov 24, 2006 11:44 pm)

In FLA they are advertising a 2007 LS for $25,898 (3 at that price) and another dealer same truck for $26,999 (5 at that price).
 
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...
#80 of 246
Went to another dealership by borderman01
Nov 25, 2006 (7:11 pm)
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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.
#81 of 246
leasing a 07 Tahoe? by allison5
Nov 25, 2006 (8:45 pm)
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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???
#82 of 246
Re: leasing a 07 Tahoe? [allison5] by rockman59
Nov 26, 2006 (9:26 am)
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Replying to: allison5 (Nov 25, 2006 8:45 pm)

allison5 said: I realize I am completly upside down
____________________________________________________________
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.
#83 of 246
Re: For Car_man Lease numbers on 2007 Suburban/Tahoe [Car_man] by marcusc
Nov 26, 2006 (12:27 pm)
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Replying to: Car_man (Nov 01, 2006 3:27 am)

Car-Man, I’m also in FL and am very interested in leasing a 2007 Tahoe LT Z71. What should the residual and money factor be in FL through the end of the year? Also, are those figures set by the dealership or are both figures set by the bank (GMAC). Secondly do you anticipate those figures improving in the first quarter of 07 or am i better off leasing before the end of year?
Thanks for your help...
#84 of 246
Re: Tahoe incentives [spiketudor] by Car_man HOST
Nov 29, 2006 (4:59 am)
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Replying to: spiketudor (Nov 01, 2006 9:17 am)

Hello spiketudor. General Motors did not introduce any additional consumer incentives on the 2007 Chevrolet Tahoe for Thanksgiving. It did introduce some dealer cash on this truck a couple of weeks ago. On November 18th, GM dealers were provided with a pool of dealer cash that they can use to help them sell vehicles. Dealers can use up $1,500 dealer cash on the '07 Tahoe, though most dealers will probably use much less than that. It is difficult to tell how much of this dealer cash dealers are using on specific models, but it is good to know about when negotiating.
 
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#85 of 246
Re: November/December Deals [scrump9154] by Car_man HOST
Nov 29, 2006 (6:02 am)
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Replying to: scrump9154 (Nov 04, 2006 2:01 pm)

Hi scrump9154. General Motors has a total of $2,000 to $3,000 in customer cash incentives on the 2007 Chevrolet Tahoe right now. The exact amount varies by region. Having said this, this cash is not compatible with leases through GMAC. I am not sure about GMAC's SmartBuy program, but I suspect that it is not compatible with it either. It is difficult for me to say for certain because I personally do not keep tabs on the details of manufacturers' balloon note programs. You can find out the exact spread between this model's MSRP and dealer invoice price by looking it up in the following section of this site: Edmunds.com - New Vehicle Pricing.
 
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#86 of 246
Re: 2007 Tahoe Lease [wiggles3] by Car_man HOST
Nov 30, 2006 (3:19 am)
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Replying to: wiggles3 (Nov 07, 2006 11:01 am)

You're very welcome, wiggles3. Congratulations on your new truck!
 
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#87 of 246
Re: 07 Tahoe lease questions. [bigragu2] by Car_man HOST
Nov 30, 2006 (3:23 am)
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Replying to: bigragu2 (Nov 12, 2006 9:09 am)

Hello bigragu2. General Motors does have some customer cash incentives on the 2007 Chevrolet Tahoe right now. Unfortunately, they are not available on leases. As far as getting out of your current lease goes, GM is running an early lease termination program right now however it is only available to current lessees of GM products. Have you seen a different program out there that offers to get current lessees of competitive products out of their deals early if they purchase or lease a new GM product? It is possible that GM sent out some sort of direct mail piece with an offer like this.
 
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