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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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#40 of 169 Re: help [drjmak1] by Car_man HOST Feb 02, 2007 (4:56 am)
Replying to: drjmak1 (Jan 19, 2007 11:27 am) Hi drjmak1. While I don't know for certain, I suspect that LAM stands for "Local Area Marketing." If so, these fees are basically advertising fees that the dealer you are working with has to pay. Rather than letting the dealer cloud things by adding all sorts of fees to your deal, focus on the big picture. Get an out-the-door price for the Yukon that you are interested in that includes all of the fees. Then comparison shop that price with a few other dealers and go with the one that offers you the best total deal, provided that they use GMAC's base lease rate to calculate your monthly payment.   Car_man Host Prices Paid Forum
#41 of 169 Re: good price? [drjmak1] by Car_man HOST Feb 02, 2007 (5:00 am)
Replying to: drjmak1 (Jan 26, 2007 5:28 pm) Hello drjmak1. A base 2007 GMC Yukon Denali has a spread of around $4,000 between its full MSRP and its dealer invoice price. The $1,750 customer cash that is currently available on this truck is not compatible with its lease program, but in February GM is providing $500 bonus cash on it that is. You were quoted a $3,610 discount on the truck that you are interested in. This looks like a pretty good price to me, if you are able to have the $500 bonus cash subtracted from it. Make sure to stop by the following discussion for additional feedback on how much you should pay for this truck: "GMC Yukon /Yukon Denali: Prices Paid & Buying Experience".   Car_man Host Prices Paid Forum
#42 of 169 Re: Feb Lease rates [monkeyshift] by Car_man HOST Feb 02, 2007 (8:59 am)
Replying to: monkeyshift (Feb 01, 2007 10:51 am) Here's the information that you're looking for, monkeyshift. GMAC's current base lease rate and residual value for a 27 month lease of a 2007 GMC Yukon Denali XL with 10,000 miles per year are 7.2% and 69%, respectively. The numbers for an otherwise identical 36 month lease are 7.2% and 65%. When negotiating your lease on this truck, make sure to take the $500 bonus cash that is currently available on it into account.   Car_man Host Prices Paid Forum Replies to this message: monkeyshift (Feb 02, 2007 10:38 am) Car_man (Feb 28, 2007 4:01 am)
#43 of 169 Re: Feb Lease rates [Car_man] by monkeyshift Feb 02, 2007 (10:38 am)
Replying to: Car_man (Feb 02, 2007 8:59 am) Thanks Car Man also-- I'm eligible for the supplier discount, which on a 54,455 truck is 50,114, can I add that 500 bonus cash on top of that discount? Replies to this message: Car_man (Feb 28, 2007 4:01 am)
#44 of 169 Re: Looking for Lease Deal [Car_man] by kgraves Feb 02, 2007 (1:26 pm)
Replying to: Car_man (Feb 02, 2007 4:09 am) Thank you carman for your reply. I don't think I can go wrong on this one. There is approx. 2,000 miles on it. The dealers wife is sporting around in it right now. thanks again! Replies to this message: Car_man (Feb 28, 2007 4:02 am)
#45 of 169 Current Feb lease rates for Yukon (non-XL) by vegasrph Feb 06, 2007 (8:03 pm)
Hello Car Man!! I am looking to see if the residuals for a 2007 Yukon are still 63% for a 12,000 mi/yr lease (36-39 months) and what is the current interest rate (MF)? Also, just to let some other forum readers know......contact the internet dept at your local (or out of area) dealer for the absolute BEST price quote. Right now, I was quoted $500 UNDER invoice + any rebates ($2250 right now)!! So, this can save you almost $3,000 UNDER invoice!! (BUY ONLY, not on a lease) THANKS!!! Replies to this message: Car_man (Feb 28, 2007 4:16 am)
#46 of 169 Property Taxes by tadmaddad Feb 09, 2007 (12:40 pm)
CAR MAN: Local dealer (friend) is quoting me $646/month on a 48 month, $4K down lease for a pretty loaded Yukon SLT, MSRP =$48915, my price = $44999. The Virginia personal property taxes are "rolled in" to the lease because GMAC pays these upfront at a "subvented" rate -- the dealer says this accounts for approximately $80/month on the lease. The applicable personal property tax rate is %3.79%, but according to the dealer, because GM pays in bulk, they get a discount.   My questions are:   1. Does this sound like a reasonable deal overall? 2. Does what the dealer is telling me about the personal property taxes ring true? I am concerned that I am financing personal property taxes, which I obviously do not want to do.   Thanks! Replies to this message: Car_man (Feb 28, 2007 4:23 am)
#47 of 169 What is the current lease interest rate? by jimav Feb 13, 2007 (7:01 am)
Hi, I received a quote for an 07 Denali with: nav/rear ent/20" rims   5k down 36month 12k miles for 631 a month.   A friend bought a cheaper Ford Expedition with a residual of 48% compared to 63% on the Yukon. I did not get the money factor for the Yukon quote. Does anyone know the current/average interest rates from gmc now? (btw, this quote is from the Philly area)   Thanks Replies to this message: Car_man (Feb 28, 2007 4:45 am)
#48 of 169 Target price / lease Denali? by raimu Feb 22, 2007 (11:38 am)
After checking out the new X5 (ouch on the lease) and deciding not to wait to see the 08 Cayenne in April, I settled on Denali but need help pricing a lease. My question is what would be a 'best case' scenario to aim for? Also, where can I find GMID, or are there better approaches? Probably will end up with a factory ordered unit, as I would like to specify color (black-black) and options (all) (not XL). Fully loaded invoice is $51,518, - $2,250 manuf incentives (the extra $500 went off after 2/20). I was going to aim for $750 under invoice + any manuf rebates, but I am clueless as to what to look for on the leasing side. (residual, rate, taxes (I live in So NJ), term..) Suggestion appreciated, also whether I am aiming for a realistic purchase number. Thanks. Replies to this message: jim53 (Feb 22, 2007 11:46 am) drjmak (Feb 25, 2007 3:53 pm) raimu (Feb 26, 2007 8:47 am) drjmak (Feb 26, 2007 8:52 pm)
#49 of 169 Re: Target price / lease Denali? [raimu] by jim53 Feb 22, 2007 (11:46 am)
Replying to: raimu (Feb 22, 2007 11:38 am) I just leased one (loaded Denali XL) in January and the residual was 62% and mf 7.2% for 39 months at 12K mile per month. Also, the incentives at that time could not be used for a lease - only a straight sale. I assume this is still the case but don't know for sure.

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