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GMC Envoy Lease Questions

94 messages,  Last post on Jul 18, 2008 at 9:39 AM

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

What is this discussion about? GMC Envoy, GMC Envoy XL, GMC Envoy XUV, Car Leasing, SUV


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#32 of 94
UPFRONT TAXES by teamdry
Aug 25, 2006 (11:37 am)
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DOES IT PAY TO PUT THE TAXES INTO THE LEASE OR PAY THEM UPFRONT I AM IN NY.
 
THANKS
#33 of 94
Re: 2006 GMC Envoy Question [Car_man] by oakridge067
Aug 29, 2006 (10:06 am)
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Replying to: Car_man (Aug 24, 2006 2:31 am)

Thanks for your reply.
 
I was wondering about any low-mileage GMAC leases, in addition to the figures you provided.
 
Would the payments be the same on a 12,000 mile, 48-month lease?
 
How about a low-mileage lease (10,000) for 48 months?
 
I simply do not drive anywhere near 12,000 to 15,000 miles a year.
 
I have a 2001 Dodge Intrepid that I got new in June 2001 with 4 miles on it and just the other day turned up 28,000 miles.
 
Thanks again for your help.
#34 of 94
Expected Lease Price by misterep
Aug 30, 2006 (1:33 pm)
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Car_man ,
 
Thank you for all you do to save us from the dreaded card dealers.
 
I have been shopping for four weeks...although not every week and have come to the following deal. I am eligible for GM employee pricing.
 
2006 GMC Envoy Denali 4WD
 
MRSP: $37,840
 
Negotiated price $34,340
 
Rebates and Cash back total $6,000
(thisis 3,500 rebate + 1,000 employee bonus cash + new 1,500 bonus cash)
 
I am also planning to put $2,000 down into the deal
 
I want to lease for 36 months at 12.000 miles per year
 
I live in Indiana and pay the 6% sales tax on the amount of the vehicle used.
 
What should I be paying? My calculations tell me $220 per month using 5% money rate.
 
Also....this is a very simple lease guide calculator I found. Hope it helps you and your readers.
 
http://www.leaseguide.com/calc.htm
 
Thanks in advance...
#35 of 94
Nobody must be buying this stuff!! by misterep
Sep 19, 2006 (6:57 pm)
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Sure is lonely out here lately. Nobody must be shopping these days....doesn't bode well for GM.
#36 of 94
Re: 2006 GMC Envoy [ianbal] by Car_man HOST
Sep 20, 2006 (2:54 am)
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Replying to: ianbal (Aug 24, 2006 4:09 am)

No problem Ian. I'm glad that I was able to help you out.
 
Car_man
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#37 of 94
Re: Lease question [dgruenberg] by Car_man HOST
Sep 20, 2006 (2:56 am)
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Replying to: dgruenberg (Aug 24, 2006 12:15 pm)

You're right, dgruenberg. I always work up zero down leases for community members because it is in their best interest not to make any sort of capitalized cost reduction when leasing. You were smart to double check the lease payment that you were quoted, otherwise you would have ended up paying a lot more than you should have for this truck because the dealer "forgot" to give you a discount on it. Enjoy your new truck .
 
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Prices Paid Forum
#38 of 94
Re: UPFRONT TAXES [teamdry] by Car_man HOST
Sep 20, 2006 (3:01 am)
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Replying to: teamdry (Aug 25, 2006 11:37 am)

Hi teamdry. I personally feel as though it is in your best interest to roll the sales tax for your leased vehicle into your monthly payment. By doing so, you only have to pay 4.9% interest on it and you eliminate the risk of losing the tax that you paid if your vehicle is totaled in an accident or stolen and never recovered.
 
Car_man
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#39 of 94
Re: 2006 GMC Envoy Question [oakridge067] by Car_man HOST
Sep 20, 2006 (3:05 am)
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Replying to: oakridge067 (Aug 29, 2006 10:06 am)

You're welcome oakridge067. You definitely don't do much driving. According to my calculations, if you were to lease a 2006 GMC Envoy SLE with an MSRP of $31,185 and a selling price of $29,493.57 through GMAC right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $398. The numbers for an otherwise identical lease with only 10,000 miles per year would be $382.
 
Car_man
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#40 of 94
Re: Expected Lease Price [misterep] by Car_man HOST
Sep 20, 2006 (3:12 am)
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Replying to: misterep (Aug 30, 2006 1:33 pm)

You're welcome, misterep. You don't have anything to fear if you are eligible for General Motors' Employee Purchase Program. You are going to get a good deal on the truck that you want without having to haggle. Unfortunately, the cash incentives that you mentioned in your post are not compatible with GMAC's special lease program. If you want to lease this truck through GMAC, the only one that you can take advantage off is the $1,000 employee bonus cash. I will work up a lease on this truck based upon a capitalized cost of $33,340, which is the selling price that you were quoted minus the $1,000 bonus. According to my calculations, if you were to lease a 2006 GMC Envoy Denali with an MSRP of $37,840 and a capitalized cost of $33,340 through GMAC right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $410.
 
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#41 of 94
Lease Cash or Incentives in Northeast? by yingxiong
Sep 25, 2006 (6:54 am)
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Anyone know what the lease cash/incentives are right now (25 SEP 2006) in the Northeast - Connecticut - for the 2006 GMC Envoy Denali? I'm sure the $4k cash isn't included.....
 
Thanks in advance!

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