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Chevrolet Trailblazer Lease Questions

107 messages,  Last post on May 07, 2008 at 3:25 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Chevrolet TrailBlazer, Chevrolet TrailBlazer EXT, Car Leasing, SUV


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#23 of 107
2006 Trailblazer SS Lease Rates by andre1
Jul 03, 2006 (1:42 pm)
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Car_Man,
  Are the July lease factors (money factor, residual) the same as June for the 2006 Trailblazer SS? If not, can you give me the lease factors for the following:
 
24 months, 12K and 15K miles per year
36 months, 12K and 15K miles per year
#24 of 107
2006 TrailblazerLT Lease by jonscoggs
Jul 09, 2006 (9:04 am)
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Hi Car_man,
 
My wife and I are looking into a 2006 Trailblazer LT, pretty much loaded. Per the internet, the MSRP is $33,660. My wifes grandfather was an engineer at GM, so we qualify for the GSM price, which is $30,186.33 (again per the GM Family First website). Right now there is $3750 in cash back incentives. So, I am coming up with a Cap Cost of $26,436.33. Am I calculating that right with the incentive?
 
We are looking for a 36 month lease with 12,000 miles per year. Can you estimate payments for me? It sounds like the residual value would be 57% or 60%. How do I convert Chevy's 4.9% lease rate into a money factor?
 
Thanks,
 
jonscoggs
#25 of 107
Re: 2006 Trailblazer SS Lease Rates [andre1] by Car_man HOST
Jul 10, 2006 (3:24 am)
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Replying to: andre1 (Jul 03, 2006 1:42 pm)

Hey andre1. GMAC does not use money factors to calculate the interest portion of lease payments. Instead it uses lease rates, that look just like normal interest rates. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. If you were to lease a 2006 Chevrolet Trailblazer SS though GMAC right now for 24 months with 15,000 miles per year, its base lease rate and residual value should be 4.9% and 66%, respectively. The numbers for an otherwise identical 36 month, 15,000 mile per year lease should be 4.9% and 57%. With only 12,000 miles per year, the 24 month residual value would be 1% higher and the 36 month residual value would be 3% higher. When negotiating your lease on this truck, keep in mind that GM is currently providing $1,250 lease cash on it. This incentive will help you to negotiate an attractive capitalized cost for your lease.
 
Car_man
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#26 of 107
Re: 2006 TrailblazerLT Lease [jonscoggs] by Car_man HOST
Jul 10, 2006 (3:30 am)
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Replying to: jonscoggs (Jul 09, 2006 9:04 am)

Hi jonscoggs. Unfortunately, the $3,000 customer cash that is available on the 2006 Chevrolet Trailblazer is not compatible with leases of it through GMAC. GM is only providing a $1,250 cash incentive on leases of this truck right now. Assuming that the price that you got from the Family First site is not already taking this cash into account, this truck's capitalized cost would be around $28,936. Using this cap cost and an MSRP of $33,660, I estimate that this truck's 36 month, 12,000 mile per year, zero down, pre-tax monthly payment should be around $344. I used a lease rate of 4.9% (it is just a coincidence that this rate is the same as this truck's current rate for conventional loans) and a residual value of 60% to arrive at this payment.
 
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#27 of 107
Lease Conversion by mikeriley12
Jul 24, 2006 (5:37 am)
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2 weeks ago I leased a 2006 Trailblazer. I did the deal on a friday night and on monday morning after my wife and i spoke about it more, we decided we want to finance the vehicle. When i spoke to the dealer they told me it was impossible to change it over and that the rebates and what not would not apply and they gave me a over $200 more per month payment on 72 months! My question is, once i get the paper work from GMAC for my lease can i contact them to change the lease into a finance deal and will they honor the purchase price used for the lease?
#28 of 107
Re: Lease Conversion [mikeriley12] by Car_man HOST
Aug 01, 2006 (2:29 am)
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Replying to: mikeriley12 (Jul 24, 2006 5:37 am)

Hi mikeriley12. Congratulations on your new truck. I am sorry to say that your the paperwork has been sent to GMAC and you have physically driven off in your truck it is probably impossible to convert your deal from a lease to a conventional loan. You're going to have to continue with your lease and then decide at the end of your term whether you want to buy your truck or turn it in.
 
Car_man
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#29 of 107
2006 Trailblazer SS Lease Rates by andre1
Aug 05, 2006 (7:50 pm)
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Car_Man,
  Please forward the lease terms (residual, money factor) for the 2006 Trailblazer SS (24 and 36 months, 12K and 15K miles per year). Also, is there any cash rebate (SE region) or lease cash on this vehicle?
#31 of 107
Re: 2006 Trailblazer SS Lease Rates [andre1] by Car_man HOST
Aug 23, 2006 (2:48 am)
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Replying to: andre1 (Aug 05, 2006 7:50 pm)

Here's the info that you're looking for, andre1. GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. GMAC's current base lease rate and residual value for a 24 month lease of a 2006 Chevrolet Trailblazer with 15,000 miles per year are 4.9% and 66%, respectively. The 12,000 mile per year residual value for this lease would be 1% higher. Its 36 month, 15,000 mile per year numbers are 4.9% and 57%. Its 36 month, 12,000 mile per year residual value would be 3% higher. The only lease cash that is available on the '06 Trailblazer in GM's Southeast region is on LS models that are equipped with a select set of options.
 
Car_man
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#32 of 107
Re: 2006 Trailblazer SS Lease Rates by andre1
Aug 23, 2006 (10:11 am)
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Car_Man,
   Thanks for the information. Regarding the lease cash, it appears that GM is offering about $3500 rebate in other regions (i.e. northern) but not in the SE region. Even though I live in the SE region, can I purchase a vehicle from a dealer in another region to take advantage of this large rebate? Also, why in the world would GM penalize its customers for living in certain regions by not offering rebates available to other regions? Seems like a very dumb idea to me for a company that is desperate to sell SUV's..

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