- #88 of 254
-
Re: lease finance rate and incentives [dogs835]
by Car_man HOST
-
Nov 30, 2006 (2:35 am)
-
|
|
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
Host
Prices Paid Forum
|
- #89 of 254
-
Re: Help! [sethandstac]
by Car_man HOST
-
Nov 30, 2006 (2:37 am)
-
|
|
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
Host
Prices Paid Forum
|
- #90 of 254
-
Re: How much lease would I look at? [borderman01]
by Car_man HOST
-
Nov 30, 2006 (2:42 am)
-
|
|
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
Host
Prices Paid Forum
|
- #91 of 254
-
Re: My price for a 2007 Tahow [tatung70]
by Car_man HOST
-
Nov 30, 2006 (2:58 am)
-
|
|
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
Host
Prices Paid Forum
|
- #92 of 254
-
Re: Are those lease rates the same across the board? [dubbsy01]
by Car_man HOST
-
Nov 30, 2006 (3:01 am)
-
|
|
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
Host
Prices Paid Forum
|
- #93 of 254
-
Re: leasing a 07 Tahoe? [allison5]
by Car_man HOST
-
Nov 30, 2006 (3:06 am)
-
|
|
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
Host
Prices Paid Forum
|
- #94 of 254
-
Re: For Car_man Lease numbers on 2007 Subrban/Tahoe [marcusc]
by Car_man HOST
-
Nov 30, 2006 (3:10 am)
-
|
|
Replying to: marcusc (Nov 26, 2006 11:27 am)
Greetings marcusc. You never mentioned how long you want to lease this truck for how 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. Through January 2nd, 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. Vehicles' residual values are set by banks and individual dealers do not have the authority to alter them. Dealers cannot lower vehicles' lease rates or money factors, but they often are allowed to mark them up to add additional hidden back-end profit to deals. That is why it is important to check to make sure that your vehicle's base rate is being used to calculate its monthly payment. It is difficult to say what GM's lease program will be like for this truck when its first quarter program is announced. Its new lease program probably won't be any worse than its current one is, but it is difficult to say for certain.
Car_man
Host
Prices Paid Forum
|
- #95 of 254
-
Re: Are those lease rates the same across the board? [Car_man]
by dubbsy01
-
Nov 30, 2006 (8:12 am)
-
|
|
Replying to: Car_man (Nov 30, 2006 3:01 am)
I was looking for a 36 month lease w/ 12,000 mi/year. msrp 47,175 selling price of 40,000. I recently put these numbers in a matrix at leasecompare.com and got a residual value of 22,540 and a money factor of 0.00241 monthly payment of 633 w/1,000 down... ca u calculate a monthly payment for me..?
Thank again,
Dubbsy01
I'm just about to give up, love the truck but can't swing these payments. 
p.s. does gm do a lease w/ say 10,000 miles a year if so how much would it effect a monthly payment?
|
- #96 of 254
-
Re: leasing a 07 Tahoe? [Car_man]
by allison5
-
Nov 30, 2006 (8:24 pm)
-
|
|
Replying to: Car_man (Nov 30, 2006 3:06 am)
Unfortunatly I am not leasing my Yukon, I financed it. As I think I said the pay off on it is still around 27,000 and it is a 2004. Considering I can only get around 20,000 + (I have 45,000 miles on it)I agree that I would be so upside down. Another concern is that if I wait a year or so it will have more miles and worth less right? I pretty much decided that I do NOT want to go to a minivan as I think I really would feel more comfortable having the AWD in the winter months since we go to Lake Tahoe so much.
|
- #97 of 254
-
Re: How much lease would I look at? [Car_man]
by borderman01
-
Dec 02, 2006 (7:01 pm)
-
|
|
Replying to: Car_man (Nov 30, 2006 2:42 am)
What if I wanted to do $10K miles. I know you said and I believe as you do to put no money down since you won't get it back, but assume I put down $2500. Thnx.
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 
