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GMC Yukon Lease Questions

161 messages,  Last post on Aug 07, 2008 at 8:59 PM

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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#49 of 161
Re: Target price / lease Denali? [raimu] by jim53
Feb 22, 2007 (12:46 pm)
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Replying to: raimu (Feb 22, 2007 12:38 pm)

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 161
Re: Target price / lease Denali? [raimu] by drjmak
Feb 25, 2007 (4:53 pm)
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Replying to: raimu (Feb 22, 2007 12:38 pm)

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
#51 of 161
Re: Target price / lease Denali? [drjmak] by raimu
Feb 26, 2007 (9:47 am)
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Replying to: drjmak (Feb 25, 2007 4:53 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?
#52 of 161
Re: Target price / lease Denali? [raimu] by drjmak
Feb 26, 2007 (9:52 pm)
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Replying to: raimu (Feb 26, 2007 9:47 am)

new lease rates and incentives on march 1.
#53 of 161
Re: Feb Lease rates [monkeyshift] by Car_man HOST
Feb 28, 2007 (5:01 am)
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Replying to: monkeyshift (Feb 02, 2007 11:38 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.
 
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#54 of 161
Re: Looking for Lease Deal [kgraves] by Car_man HOST
Feb 28, 2007 (5:02 am)
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Replying to: kgraves (Feb 02, 2007 2:26 pm)

You're very welcome, kgraves.
 
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#55 of 161
Re: Current Feb lease rates for Yukon (non-XL) [vegasrph] by Car_man HOST
Feb 28, 2007 (5:16 am)
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Replying to: vegasrph (Feb 06, 2007 9:03 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.
 
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#56 of 161
Re: Property Taxes [tadmaddad] by Car_man HOST
Feb 28, 2007 (5:23 am)
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Replying to: tadmaddad (Feb 09, 2007 1:40 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.
 
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#57 of 161
Re: What is the current lease interest rate? [jimav] by Car_man HOST
Feb 28, 2007 (5:45 am)
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Replying to: jimav (Feb 13, 2007 8:01 am)

Hi jimav. Like I mentioned in my previous post, I always tell consumers not to make any sort of down payment when leasing. If you were to make a $5,000 down payment on your Yukon Denali lease and it was totaled in an accident or stolen and never recovered it is very likely that you would lose all of that money. Consumers can and should lease any vehicle that they want without making any sort of capitalized cost reduction.
 
Here's the information on this truck's current lease program that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Yukon Denali with 12,000 miles per year are 7.2% and 63%, respectively. In February, General Motors is providing a total of $1,000 bonus cash on this truck in your area. Make sure to take this cash into account when negotiating the capitalized cost for your lease.
 
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#58 of 161
Help! Novice here! by melanie202
Mar 01, 2007 (3:04 pm)
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Reading your answers have already been helpful...thanks!
Here's my situation.I looked today at a 2007 Denali, $47670 Base, 20" wheels, $1995, Rear seat DVD 1295, Sunroof, $995, and Dest. $900. Total $52,585. I want a 36 mo, 20k miles lease. What should I be paying? I'm in So. Cal.
And, what after market things should I get or stay away from? Thanks so much!

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