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GMC Yukon Lease Questions
169 messages, Last post on Apr 23, 2009 at 2:56 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: deeter (Apr 05, 2006 11:42 am) Car_man Host Smart Shopper / Prices Paid Forums |
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I'm interested in leasing a 2007 Yukon SLT. Does anyone know the current lease rate (APR/Interest rate) and residual value offered thru GMAC for this vehicle?
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Replying to: blackdog24 (Jul 10, 2006 9:20 pm) Car_man Host Prices Paid Forum |
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I am in the process of leasing a Yukon Denali 07 and seem to be at a road block. I purchased leasing software online in order to make sure I was not getting fleeced on financing. Agreed upon value has been determined to be 51,113 minus 2K cash back from GMC. 7.3% financing, 63% residual on 36m (12K)lease on MSRP of 54,975. Only startups for dwn which is 2043.03 which includes 1stpmt and sec dep and dealer,title fees. The software spits out 683.60 plus Florida tax( 7% )47.85 for a total of 731.45. Both dealers start with same numbers but miraculously come out with pmts 40 to 80 dollars per month higher! Can you calculate and see if there is something Im missing or are they just trying to make $ on financing. Im willing to compromise but not that much. Please assist.
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Replying to: gators68 (Aug 25, 2006 10:45 am) |
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Replying to: gators68 (Aug 25, 2006 10:45 am) monthly payment is the acquisition fee that's usually tacked on. That's generally in the neighborhood of $600-$800 and if you spread that cost over 36 months, you're looking at an additional $20-$25/month (although that's far from the $40-$80 difference the dealer is coming up with). When you have your numbers like you do, feel free to call GMAC and tell them what's going on. They should be able to tell you what your monthly payment should be and you can discuss any discrepancies with them. |
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Is this a good deal? MSRP $40,390 Cap Cost ?? Down $3000 + first month + sec deposit Monthly lease w/o tax $299 39 month lease I do not know the interest rate, nor the residual These were the only numbers given. Thanks
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