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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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#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.
#50 of 169 Re: Target price / lease Denali? [raimu] by drjmak Feb 25, 2007 (3:53 pm)
Replying to: raimu (Feb 22, 2007 11:38 am) the best i could do is $300 over invoice before i include the rebate of $1750. So all in all its 1450 below invoice if u buy. this was on a denali(not xl) with ent. pkg, nav. system, rear camera, heated steering wheel.. did not get 20 inch wheels or automatic runing boards the price is 49,900 before the $1750 rebate.....This is in northern nj. The lease with 1500 down (included in that is first month , reg fees and bank fee) is 748 a month 39 months 12k ayr Replies to this message: raimu (Feb 26, 2007 8:47 am) drjmak (Feb 26, 2007 8:52 pm)
#51 of 169 Re: Target price / lease Denali? [drjmak] by raimu Feb 26, 2007 (8:47 am)
Replying to: drjmak (Feb 25, 2007 3:53 pm) Thank you both, that's very helpful. Does anyone have any idea if new lease rates will be available in March? Is GMC selling as many of these as they need or will they want to spur sales? Replies to this message: drjmak (Feb 26, 2007 8:52 pm)
#52 of 169 Re: Target price / lease Denali? [raimu] by drjmak Feb 26, 2007 (8:52 pm)
Replying to: raimu (Feb 26, 2007 8:47 am) new lease rates and incentives on march 1.
#53 of 169 Re: Feb Lease rates [monkeyshift] by Car_man HOST Feb 28, 2007 (4:01 am)
Replying to: monkeyshift (Feb 02, 2007 10:38 am) You're welcome, monkeyshift. It's great that you are able to purchase your vehicle through GM's Supplier Purchase Program. It will enable you to get a good price without having to haggle. In answer to your question, you will be able to take advantage of the $500 bonus cash that is available on this truck in February.   Car_man Host Prices Paid Forum
#54 of 169 Re: Looking for Lease Deal [kgraves] by Car_man HOST Feb 28, 2007 (4:02 am)
Replying to: kgraves (Feb 02, 2007 1:26 pm) You're very welcome, kgraves.   Car_man Host Prices Paid Forum
#55 of 169 Re: Current Feb lease rates for Yukon (non-XL) [vegasrph] by Car_man HOST Feb 28, 2007 (4:16 am)
Replying to: vegasrph (Feb 06, 2007 8:03 pm) Hello vegasrph. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Yukon with 12,000 miles per year are 7.2% and 63%, respectively. Great job on negotiating an attractive selling price on the truck that you want. $500 under invoice before the deduction of any incentives is a good price. Unfortunately, the $1,750 customer cash that is available on this truck is not compatible with GMAC's lease program. GM is providing $500 bonus cash on this truck in February plus another $500 in select areas that is compatible with the lease program.   Car_man Host Prices Paid Forum
#56 of 169 Re: Property Taxes [tadmaddad] by Car_man HOST Feb 28, 2007 (4:23 am)
Replying to: tadmaddad (Feb 09, 2007 12:40 pm) Hi tadmaddad. Let me begin by saying that $4,000 is too large a down payment to make on a lease. I always tell consumers not to make any sort of capitalized cost reduction when leasing. Those who do risk losing the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.   Let's take a look at the deal that you were quoted. The selling price looks good to me. Just make sure to have the dealer that you are working with use GMAC's base lease rate of 7.2% to calculate your monthly payment and you're in business. Unfortunately, I am not familiar with exactly how the personal property that your state charges works on leased vehicles, so I can't give you any advice on that aspect of your deal.   Car_man Host Prices Paid Forum

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