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GMC Yukon Lease Questions

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

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

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


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#136 of 169
Yukon Denali lease numbers by psywzrd
Apr 11, 2008 (8:56 am)
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just came from my GMC dealer and got the following #'s and want to know what you guys think.
  
MSRP: 56315
Cap Cost: 51936 (GMS pricing)
Cap Cost Reduction (GM loyalty discount): 1000
Interest Rate: 7.2
Sales Tax: 7%
  
I calculated the following prices for a 12,000 miles/year lease with no money down (just paying first payment, bank fees, motor vehicle fees, etc. up front - probably just under $2000):
  
36 months (63% residual): $736.87
30 months (64% residual): $810.46
24 months (68% residual): $850.09
 
For 10,000 miles/year it looks like this:
36 months (65% residual): $706.99
30 months (66% residual): $773.91
24 months (70% residual): $803.47
  
What do you guys think of this? Should I try beating them up to get pricing even lower than GMS or is that about as low as I'm going to realistically get?
#137 of 169
Re: Yukon Denali lease numbers [psywzrd] by titleman
Apr 11, 2008 (10:44 am)
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Replying to: psywzrd (Apr 11, 2008 8:56 am)

That deal seems pretty good to me I have been looking around in Northern NJ and haven't been able to get that good of a deal. I have been quoted $745 with $3200 down for teh 36 month lease. Can I ask what dealer youa re going through?
#138 of 169
Re: Yukon Denali lease numbers [titleman] by psywzrd
Apr 11, 2008 (11:03 am)
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Replying to: titleman (Apr 11, 2008 10:44 am)

I'd rather not say in public (you can pm me or email me if you want) but it has nothing to do with the dealer (I'm in Central NJ though). Do you have a GM Friends and Family certificate? If not, get one because that's what I'm using. Once you have that, there's really no negotiating necessary unless you want to try to get them to go even lower on the selling price of the car. Almost all dealers accept them and the selling price is predetermined by GM. I don't even know if they will go lower than the supplier pricing that the certificate gets you but I may give it a shot to save myself a few extra bucks.
#139 of 169
Higher Owner Loyalty Cash? by penn2
Apr 14, 2008 (9:03 am)
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Replying to: Car_man (Apr 11, 2008 2:32 am)

Thank you Car_man for providing updated information...
 
On other question - as I priced the vehicle through Edmunds and looked into available incentives on the pricing page, it indicates that the cash is $2K, not 1K for loyalty cash incentive
 
Has something changed? Meaning, the $2K is out of date or is that the latest and greatest?
 
Thanks!
#140 of 169
Re: Higher Owner Loyalty Cash? [penn2] by Car_man HOST
May 08, 2008 (2:40 am)
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Replying to: penn2 (Apr 14, 2008 9:03 am)

You're very welcome, penn2. The owner loyalty cash offer is $2,000 for cash purchases and only $1,000 on leases.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#141 of 169
May Changes? MF, Financing, Rebates by penn2
May 08, 2008 (3:36 am)
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Replying to: Car_man (May 08, 2008 2:40 am)

Car_man
 
thanks for response --
 
Curious, though, if anything changed from April to May ...for the positive
 
Specifically - MF -- it was 7.2% on 36mos/12k mi lease in April. Has that improved? How about financing?
 
Also, in addition to the loyalty rebate/incentive, what else is currently available in May? At one time in April, one dealer was offering up to $6K in combined incentives
 
Thanks
#142 of 169
Re: May Changes? MF, Financing, Rebates [penn2] by Car_man HOST
May 12, 2008 (2:45 am)
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Replying to: penn2 (May 08, 2008 3:36 am)

You're very welcome, penn2. The Yukon's lease rate is still 7.2% in May. Unfortunately, I do not believe that General Motors is providing any cash incentives on the Yukon right now, other than the $1,000 owner loyalty / conquest offer on leases.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#143 of 169
Leased a 2008 Denali. LOVE IT. by chris7469
May 21, 2008 (6:45 am)
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I posted a similar message on the wrong forum.
 
I just leased a 2008 White Denali in April with a sticker of 59,700 for $782.13 per month including NJ Sales Tax. Total upfront costs were $2,840, however that only covered me for 3 yrs and 36,000 miles. Included in that $2,840 was a $500 additional upfront payment for a bumper to bumper warranty for the extra 3 months and 9,000 miles. There is a refundable $800 security deposit and no disposition fee.
  
Its a 39 month lease with 15,000 miles per year through GMAC.
  
The truck is loaded with the dual DVDs, Touch Nav, retractable running boards, 20in wheels. We love it.
  
It was in Central NJ and the dealer experience was excellent.
 
After shopping around, for the mileage and options I think we got a good deal.
 
What do you think?
 
Thanks. CM
#144 of 169
Re: Leased a 2008 Denali. LOVE IT. [chris7469] by penn2
May 29, 2008 (10:19 am)
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Replying to: chris7469 (May 21, 2008 6:45 am)

Appears to be a good deal!
 
Recieved comparitively similar attractive deal on Stealth Gray/Ebony Denali just leased
 
MSRP 56,315
Options were Sun/Ent/Dest and 20" wheels, heated steering wheel
 
12k/39 mos
 
$650.45/mo all inclusive
 
Nothing down
 
 first mos payment + $94 (tag) due at signing
 
So, between your deal and this one they clearly are looking to move Denali's off lot
#145 of 169
New lease numbers for June by mrcr
Jun 03, 2008 (8:52 pm)
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Does anyone know what the June money factor and residual is for 36 month 10k per year on a Denali XL? I am also looking for a good contact in so cal.
 
Thanks everyone.
 
Rick

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