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GMC Envoy Lease Questions

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

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

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#5 of 94 Re: GMC Envoy: Lease Questions [Car_man] by tdepoala Mar 21, 2006 (5:35 am)
Replying to: Car_man (Nov 23, 2005 3:06 am) FYI for other buyers:   2006 Envoy SLE 3SB MSRP= $32,805 Options: Sun & Sound (PCR) SLE-2 Package (3SB) Running Boards Universal Garage door opener Side Air bags   $1000 3SB & PCR discount $500 Paint protection coating   New MSRP = $32,300   Negotiated Price = $29,750   $1000 March Madness rebate $11,200 for 2003 Jeep Liberty Trade in (KBB value) $2000 GM Card bonus to pay off $13,200 loan on Jeep 36 months, 36k miles, $1000 down   $349/month   Nick Replies to this message: Car_man (Apr 23, 2006 9:20 am)
#6 of 94 Residual by suvseeker1 Apr 07, 2006 (6:33 am)
I was just quoted a residual of 42% and an interest rate of 5.9 on an envoy denali through my bank. Does anyone else think that this is crazy. I thought that the residual was ridiculously low based on what I have read. Replies to this message: Car_man (Apr 23, 2006 9:23 am) ksoles (May 23, 2006 1:53 pm) Car_man (May 24, 2006 3:41 pm)
#7 of 94 Re: GMC Envoy: Lease Questions [tdepoala] by Car_man HOST Apr 23, 2006 (9:20 am)
Replying to: tdepoala (Mar 21, 2006 5:35 am) Thanks for sharing the details of your deal with everyone, Nick. It;s always helpful for consumers to be able to take a look at real world examples before they negotiate their own deals.   Car_man Host Smart Shopper / Prices Paid Forums
#8 of 94 Re: Residual [suvseeker1] by Car_man HOST Apr 23, 2006 (9:23 am)
Replying to: suvseeker1 (Apr 07, 2006 6:33 am) Hi suvseeker1. Independent banks' lease programs for vehicles usually are not as attractive the lease programs that are being offered by manufacturers' captive finance companies, like GMAC. If you want to lease a 2006 GMC Envoy right now, you will probably be better off doing so through GM than through your bank. GMAC's current base lease rate and residual value for a 36 month, 15,000 mile per year lease of any 2006 GMC Envoy are 4.9% and 57%, respectively.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: ksoles (May 23, 2006 1:53 pm) Car_man (May 24, 2006 3:41 pm)
#9 of 94 Re: Residual [Car_man] by ksoles May 23, 2006 (1:53 pm)
Replying to: Car_man (Apr 23, 2006 9:23 am) Car_Man...can you please post numbers for the current GMAC lease residuals and money factors being offered on the 2006 Envoy Denali right now? Looking between 24 to 36 months programs with 12k! THANK YOU! Replies to this message: Car_man (May 24, 2006 3:41 pm)
#10 of 94 Re: Residual [ksoles] by Car_man HOST May 24, 2006 (3:41 pm)
Replying to: ksoles (May 23, 2006 1:53 pm) Hi ksoles. If you were to lease a 2006 GMC Envoy through GMAC right now for 24 months with 12,000 miles per year, its base lease rate and residual value should be 4.9% and 67%, respectively. The numbers for an otherwise identical 36 month lease should be 4.9% and 60%.   Car_man Host Smart Shopper / Prices Paid Forums
#11 of 94 Envoy Dealer Incentive by billinsc Jun 03, 2006 (7:33 am)
Hi Carman,   A Consumer Reports price report I ran on the Envoy XL subtracts a "dealer incentive 10/02/2006" of $1,680 from invoice (along with holdback) to arrive at a bottom line price.   Can you confirm that dealers actually receive this incentive from GM? I'm sure the dealer will deny it if I mention the amount. Thanks Replies to this message: Car_man (Jun 12, 2006 1:53 am)
#12 of 94 lease rate by baach Jun 05, 2006 (7:30 pm)
Hi Car_Man,   I am in the process of leasing an Envoy XL. My purchase price is fixed since it is a program vehicle. My concern is whether the dealer can "adjust" the rate. They told me the other day while I was waiting for it to be released to the dealer that the rate would be 5.9 which is the same as another dealer that I spoke with. I have been reading some posts and see a rate of 4.9 I close the deal later this week and want to be sure that I have the lowest rate. I have also been quoted as 66% residual on 24 month 15,000. A cap cost reduction of $750 plus bonus cash of $1000.   Thank you Replies to this message: Car_man (Jun 12, 2006 1:56 am)
#13 of 94 Re: Envoy Dealer Incentive [billinsc] by Car_man HOST Jun 12, 2006 (1:53 am)
Replying to: billinsc (Jun 03, 2006 7:33 am) Hi billinsc. The dealer cash incentive that you mentioned was essentially a price adjustment that General Motors started giving dealers when it slashed its prices on a number of models a couple of months ago. It is only available on units that have been in dealer inventory since January 11th or earlier.   Car_man Host Smart Shopper / Prices Paid Forums
#14 of 94 Re: lease rate [baach] by Car_man HOST Jun 12, 2006 (1:56 am)
Replying to: baach (Jun 05, 2006 7:30 pm) Hi baach. Like most dealers, GM dealers have the ability to "mark-up" vehicles' lease rates to add additional back-end profit to deals. GMAC's current base lease rate for a lease of a 2006 GMC Envoy is 4.9%. If the rate that you were quoted is higher than this, chances are that the dealer that you are working with is trying to mark your truck's rate up.   Car_man Host Smart Shopper / Prices Paid Forums

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