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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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#51 of 94
Re: 2007 Envoy Denali Lease [knackll] by misterep
Dec 01, 2006 (8:18 am)
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Replying to: knackll (Nov 30, 2006 3:55 am)

knackll, my simple calculations assume the following.
 
38160 - MRSP
negotiated price -35240
rebate - 2000
net cap cost after rebate - 33240
36/12K lease and 60% residual with 5.9%money rate
pretax payment of about 425/month
#52 of 94
Re: 2007 Envoy Denali Lease [misterep] by knackll
Dec 01, 2006 (9:28 am)
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Replying to: misterep (Dec 01, 2006 8:18 am)

misterep-I was quoted by the dealer the other day a 58% residual on 36/12 lease with a 8% rate on this Denaili Envoy. I never have seen such a high rate. I live in the Cleveland Oh. area. They tell me it's the only rate GMAC has out right now and can not do better. Do you think I'm expecting too much of a cap cost reduction of $4500 before rebates & incentive?
Thanks again!!
knackll
#53 of 94
Re: 2007 Envoy Denali Lease [knackll] by misterep
Dec 01, 2006 (4:21 pm)
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Replying to: knackll (Dec 01, 2006 9:28 am)

knackll,
 
The GMS price on that vehicle is about 34600 or about 3600 off mrsp so the 4500 is a bit aggressive at this point. GMs is the price GM employees pay and is considered a good deal. My two cents....
#54 of 94
Re: Lease Cash or Incentives in Northeast? [mwinters] by Car_man HOST
Dec 04, 2006 (3:25 am)
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Replying to: mwinters (Nov 05, 2006 6:54 pm)

No problem, mwinters. GM's lease program on the 2007 GMC Envoy is not very attractive right now, regardless of what term one goes with. GMAC's current base lease rate and residual value for a 48 month lease of a 2007 GMC Envoy with 15,000 miles per year are 7.75% and 48%.
 
Car_man
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#55 of 94
Re: 2006 Envoy XL lease question [creasy1] by Car_man HOST
Dec 04, 2006 (3:33 am)
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Replying to: creasy1 (Nov 11, 2006 3:34 pm)

Hello creasy1. Wow, you were quoted a residual value of 38% on this truck. I thought that the 2007 Envoy's lease program was bad. Yikes. I don't believe that GMAC is offering leases on 2006 models any longer, so the lease that you were quoted must be through an independent bank. With such a low residual value, you would probably be better off financing or paying cash for the '06 Envoy that you're interested in. If you really want to lease, you probably would be better off going with an '07 model. GMAC's current base lease rate and residual value for a 36 month lease with 12,000 miles per year are 7.75% and 58%, respectively.
 
Car_man
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#56 of 94
Re: 2007 Envoy Denali Lease [knackll] by Car_man HOST
Dec 04, 2006 (3:37 am)
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Replying to: knackll (Nov 16, 2006 5:25 am)

Hi knackll. GM's lease cash incentives for the 2007 GMC Envoy vary by region. If you tell me what state you are in I would be happy to tell you what cash incentives are available on this model in your area. As far as how much you should pay for this truck goes, I suspect that you should be able to get one for a couple hundred dollars over invoice minus any available incentives. For additional feedback on how much you should pay, make sure to stop by the following discussion: "Chevy Trailblazer/GMC Envoy/Olds Bravada: Prices Paid & Buying Experience".
 
Unfortunately, this truck's current lease program is much worse than you were expecting. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Envoy Denali with 15,000 miles per year are 7.75% and 55%, respectively. Its 12,000 mile per year residual value for this term is 3% higher.
 
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#57 of 94
reg envoy by klanger83
Dec 24, 2006 (9:53 am)
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What would one expect to pay for a base model 4x4 envoy, employee price, 36 mo, 15k miles? Are the residuals 55% on these too or just the Denali?
#58 of 94
Re: reg envoy [klanger83] by Car_man HOST
Jan 10, 2007 (4:00 am)
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Replying to: klanger83 (Dec 24, 2006 9:53 am)

Greetings klanger83. I would be happy to give you an idea of what sort of lease payment to expect to pay on this truck right now. In order for me to do so I need you to provide me with the full MSRP and approximate selling price of the exact model that you want. Let me know and I'll crunch some numbers for you.
 
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#59 of 94
Re: reg envoy [Car_man] by theericharris1
Jan 13, 2007 (5:41 pm)
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Replying to: Car_man (Jan 10, 2007 4:00 am)

Hi gang,
 
I am looking for the best possible 36 month lease on a SUV. I see there is a $4750 cash rebate on all 2006 Envoys.
 
Is GM still leasing 2006 models? There is a decent number of these cars on the lots and I'm hoping I could get a good lease deal. Our main issue is we are $4,000 upside down on a tradein, so most of the rebate will go towards the payoff.
 
Could someone give me the current residual and factor for a 2wd Envoy SLE MSRP $29,780? Looking for 36 months/12k miles.
 
Is there a website with every every manufacture's lease figures? Just so frustrating going to the car dealership, since they never fork over this information
#60 of 94
emcg 2003 lease return by emcg
Jan 21, 2007 (10:19 am)
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i have a 2003 envoy xl lease 4yr deal looking to get out early and lease a2006 envoy xl for 3yr 15000mi whats my options long island

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