- #84 of 255
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Re: Tahoe incentives [spiketudor]
by Car_man HOST
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Nov 29, 2006 (3:59 am)
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Replying to: spiketudor (Nov 01, 2006 8:17 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.
Car_man
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- #85 of 255
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Re: November/December Deals [scrump9154]
by Car_man HOST
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Nov 29, 2006 (5:02 am)
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Replying to: scrump9154 (Nov 04, 2006 1:01 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.
Car_man
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- #86 of 255
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Re: 2007 Tahoe Lease [wiggles3]
by Car_man HOST
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Nov 30, 2006 (2:19 am)
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Replying to: wiggles3 (Nov 07, 2006 10:01 am)
You're very welcome, wiggles3. Congratulations on your new truck!
Car_man
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- #87 of 255
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Re: 07 Tahoe lease questions. [bigragu2]
by Car_man HOST
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Nov 30, 2006 (2:23 am)
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Replying to: bigragu2 (Nov 12, 2006 8:09 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.
Car_man
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- #88 of 255
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Re: lease finance rate and incentives [dogs835]
by Car_man HOST
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Nov 30, 2006 (2:35 am)
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Replying to: dogs835 (Nov 16, 2006 1:35 pm)
Hi dogs835. What you were told about the customer cash not being available on Tahoes that are leased through GMAC is correct. While GMAC's base lease rate for the 207 Chevrolet Tahoe is bad, it's not as bad as the rate that you were quoted. It is currently 6.9%, and I doubt that you need "excellent" credit to qualify for it. It sounds to me as though the dealer that you are working with is attempting to mark GMAC's base lease rate for this model up to add additional hidden back-end profit to your deal.
General Motors' supplier purchase program enables consumers who qualify for it to purchase GM products for a set price, which is fairly attractive. If you qualify for GM's supplier purchase program there is a good chance that you will get a better price on the Tahoe that you want than you would be able to negotiate on your own.
Car_man
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- #89 of 255
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Re: Help! [sethandstac]
by Car_man HOST
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Nov 30, 2006 (2:37 am)
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Replying to: sethandstac (Nov 17, 2006 6:47 pm)
Hi sethandstac. The fact that you can get the GMS price on the truck that you are interested in is great because it guarantees that you will get it for an attractive price. Now just make sure that the dealer you get your truck from uses GMAC's base lease rate of 6.9% to calculate your vehicle's monthly payment and you're in business.
Car_man
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- #90 of 255
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Re: How much lease would I look at? [borderman01]
by Car_man HOST
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Nov 30, 2006 (2:42 am)
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Replying to: borderman01 (Nov 18, 2006 8:04 pm)
Hi borderman01. This looks like a very fair deal to me. I would be happy to estimate what this truck's lease payment should be for you, but you never mentioned how long you want to lease it for or what mileage allowance you need. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Using the prices that you mentioned in your post, an MSRP of $44,369 and a selling price of $40,459, I estimate that this 2007 Chevrolet Tahoe's 36 month, 15,000 mile per year, zero down, pre-tax monthly payment should be around $578.
Car_man
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- #91 of 255
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Re: My price for a 2007 Tahow [tatung70]
by Car_man HOST
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Nov 30, 2006 (2:58 am)
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Replying to: tatung70 (Nov 21, 2006 2:54 pm)
Hi tatung70. This particular discussion is for consumers to discuss leasing the Chevrolet Tahoe. You may have better luck getting feedback on the price that you were quoted to purchase this truck by visiting the following discussion: "Chevy Tahoe: Prices Paid & Buying Experiences".
Having said this' let's take a look at your deal. Are you saying that you received a $11,500 discount on your 2007 Chevrolet Tahoe?!? If so, you got an amazing deal, but I don't see how this is possible.
Car_man
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- #92 of 255
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Re: Are those lease rates the same across the board? [dubbsy01]
by Car_man HOST
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Nov 30, 2006 (3:01 am)
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Replying to: dubbsy01 (Nov 24, 2006 10:44 pm)
Hi dubbsy01. You never mentioned how long this lease is or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. 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. I would be happy to estimate what the monthly payment should be on the exact truck that you are interested in if you provide me with its MSRP and selling price.
Car_man
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- #93 of 255
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Re: leasing a 07 Tahoe? [allison5]
by Car_man HOST
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Nov 30, 2006 (3:06 am)
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Replying to: allison5 (Nov 25, 2006 7:45 pm)
Hi allison5. Are you financing or leasing your Yukon. If you are leasing it, all you have to do is wait until the scheduled end of your lease and walk away from your truck, only having to pay a penalty for any excess mileage that it has. It sounds like you are financing your truck, not leasing it though. Generally speaking, the longer you want to get a new vehicle, the less upside down you will be on your current one. New vehicles experience their highest rate of depreciation during the first year of ownership. By waiting a year or two to get something new, you should be able to catch up to your truck's pay off price, perhaps not completely but you'll be much closer than you are right now. If I was in your situation, I personally would wait another year or two to get a new vehicle. Heck by then, the deals on the redesigned Tahoe may be even better than they are right now.
Car_man
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