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Chevrolet Tahoe Lease Questions

255 messages,  Last post on Dec 07, 2009 at 3:13 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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#90 of 255
Re: How much lease would I look at? [borderman01] by Car_man HOST
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.
 
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#91 of 255
Re: My price for a 2007 Tahow [tatung70] by Car_man HOST
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.
 
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#92 of 255
Re: Are those lease rates the same across the board? [dubbsy01] by Car_man HOST
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.
 
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Prices Paid Forum
#93 of 255
Re: leasing a 07 Tahoe? [allison5] by Car_man HOST
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.
 
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#94 of 255
Re: For Car_man Lease numbers on 2007 Subrban/Tahoe [marcusc] by Car_man HOST
Nov 30, 2006 (3:10 am)
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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
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Prices Paid Forum
#95 of 255
Re: Are those lease rates the same across the board? [Car_man] by dubbsy01
Nov 30, 2006 (8:12 am)
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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 255
Re: leasing a 07 Tahoe? [Car_man] by allison5
Nov 30, 2006 (8:24 pm)
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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 255
Re: How much lease would I look at? [Car_man] by borderman01
Dec 02, 2006 (7:01 pm)
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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.
#98 of 255
how do you calculate residual value? by dubbsy01
Dec 06, 2006 (10:39 am)
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I have a question about how to calculate residual values? when you say gm is currently leaseing at 60% residual value and 6.9 % respectively for a 36 month lease w/ 12k per year. Does that mean 60% of the sale price? of msrp? or some value in the middle?
#99 of 255
Yet ANOTHER lease question for ya by blkcat1
Dec 18, 2006 (4:46 pm)
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Hello Im so happy I came upon this site it has been very helpful. Im in negotiations to lease a Tahoe LT3 ,leather sunroof, 20" polished rims as options. I got a price of 39,700
the invoice being 39,100. Im quoted 1000 down 15k miles per year for four year lease $640 per month. When i put this in a calculator it dosent compute I have no idea what Im doing. Does this sound right? What if I put 3K down what will my lease payment be? Id like to be in the 500 dollar range. Thanks for you time;)

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