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GMC Yukon Lease Questions

169 messages,  Last post on Apr 23, 2009 at 1:56 AM

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What is this discussion about? GMC Yukon, GMC Yukon Denali, Car Leasing, SUV

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#102 of 169 Denali Lease by hanoverken Jan 17, 2008 (2:43 am)
One of my local dealers has offered to sell me an '08 Denali for $50,199. I am leasing the vehicle for 39 months/15k miles per year. Money factor is .003 (7.2%) and residual is $33,160 or 61%. It has the sun, entertainment, and destination package plus 20" wheels. I think it also has a heated steering wheel.   Can you comment on that as compared to other sales out there? I'm inclined to believe I could get the cap cost down, but the lease values are pretty standard.   MSRP is $55,205 and the above price is supposedly $500 under invoice, but I don't have the evidence to back that up. Can you help me? Thanks!   Ken W. Massachusetts
#103 of 169 Follow up to above post. by hanoverken Jan 17, 2008 (11:30 am)
I am told that by leasing the vehicle in the above post I lose out on incentives - $3000 worth. The vehicle cost drops to $47,199 if I buy outright. So, I guess I should rephrase the question to be is $50,199 a good price on a LEASED vehicle?   Ken W. Replies to this message: monkeyshift (Jan 17, 2008 7:16 pm) hanoverken (Jan 18, 2008 11:10 am) ocautoseeker (Jan 18, 2008 6:48 pm)
#104 of 169 Re: Follow up to above post. [hanoverken] by monkeyshift Jan 17, 2008 (7:16 pm)
Replying to: hanoverken (Jan 17, 2008 11:30 am) Seems like a pretty decent price to me. What was the MSRP? 56,300? If so, the GMS employee pricing is $49,494 so you're getting a car close to employee price. What rebates are there for 3K? Marketing support? Also, what's your monthly payment come out to, including sales tax for that deal? Replies to this message: hanoverken (Jan 18, 2008 11:10 am) ocautoseeker (Jan 18, 2008 6:48 pm)
#105 of 169 Re: Follow up to above post. [monkeyshift] by hanoverken Jan 18, 2008 (11:10 am)
Replying to: monkeyshift (Jan 17, 2008 7:16 pm) I think the MSRP was $56,205. I was really focused on the cap cost only. The GM supplier pricing is for purchases, unless I misunderstood. They have a lease deal, but this one is better than that.   Payment is $727 if I pay the $670 acquisition up front, $747 if I roll it into the cap cost.   I got responses from about 10 dealers and this is the best so far.   Anyone out there get better numbers?   Thanks,   Ken Replies to this message: ocautoseeker (Jan 18, 2008 6:48 pm)
#106 of 169 Re: Follow up to above post. [hanoverken] by ocautoseeker Jan 18, 2008 (6:48 pm)
Replying to: hanoverken (Jan 18, 2008 11:10 am) Those numbers appear very consistent. I structured two Yukon leases last month based on the same program GM is still running now. Although the lease rate is slightly high, the 59% residual (39 mo.) and aggressive cap cost make this a fairly decent deal, especially since you're allowed 15k-mi/yr.   The only downside to this lease is the inflated residual value, especially if you're thinking about buying out at lease-end. No way in heck that truck will hold 60% after 39 months! If not, keep within your mileage, enjoy the ride and hand 'em the keys at the end.   Good Luck!
#107 of 169 08 Yukon Denali Lease in NJ by franco16 Jan 31, 2008 (3:04 pm)
Hey guys, I'm working on a deal right now that includes a fully loaded Denali with the sun ent. system and 20" wheels. They want 686/mo with $1800 out of pocket for a 39/mo lease. They are quoting me an invoice price of 54,674, residual is 62% and money factor is 8.7%. I really want to be between 500-600/mo on the lease price. What do I need to do to be there? Also the edmunds TMV invoice is showing $51,000, that should help right? Replies to this message: eights38 (Jan 31, 2008 3:39 pm) mrcr (Feb 05, 2008 6:37 pm) franco16 (Feb 05, 2008 6:43 pm) hoss3 (Jun 07, 2008 12:08 pm) and 3 more...
#108 of 169 Re: 08 Yukon Denali Lease in NJ [franco16] by eights38 Jan 31, 2008 (3:39 pm)
Replying to: franco16 (Jan 31, 2008 3:04 pm) franco16 - What dealer are you working with? If you need more help, please feel free to email me or reply.
#109 of 169 Last stages of lease help??? by franco16 Jan 31, 2008 (4:51 pm)
I'd rather not say the dealer's name. The dealer has been pretty straight forward with many things. However, I had to figure out most on my own. I'm trying to get my payments to where I need them to be. Any suggestions on how to get there?
#111 of 169 To ocautoseeker and others?? by franco16 Feb 05, 2008 (5:13 am)
Hey ocautoseeker, Thanks for the reply but for some reason I was not able to view the whole reply. Would you mind contacting me again? I don't think the dealership checked other lenders, but I will inquire. I really want my monthly lease numbers to be between 500-600/mo. with the nothing down just inception fees. I did see an earlier post that said you can view the invoice of the truck online. Is that still possible?

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