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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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#54 of 169
Re: Looking for Lease Deal [kgraves] by Car_man HOST
Feb 28, 2007 (4:02 am)
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Replying to: kgraves (Feb 02, 2007 1:26 pm)

You're very welcome, kgraves.
 
Car_man
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#55 of 169
Re: Current Feb lease rates for Yukon (non-XL) [vegasrph] by Car_man HOST
Feb 28, 2007 (4:16 am)
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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.
 
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#56 of 169
Re: Property Taxes [tadmaddad] by Car_man HOST
Feb 28, 2007 (4:23 am)
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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.
 
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#57 of 169
Re: What is the current lease interest rate? [jimav] by Car_man HOST
Feb 28, 2007 (4:45 am)
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Replying to: jimav (Feb 13, 2007 7:01 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 169
Help! Novice here! by melanie202
Mar 01, 2007 (2:04 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!
#59 of 169
March Denali Lease Rates by monkeyshift
Mar 01, 2007 (2:35 pm)
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Hi carman,
wondering what the lease rates and residuals are for the denali and the denali xl for March for 27 and 39 months with 10K miles. Also, is there any bonus cash or incentives that will work towards lowering the cap cost on a lease?
thanks!
#60 of 169
Looking to lease by mikeystiles
Mar 02, 2007 (10:25 am)
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I am new on this board and have read some helpful things. THANK YOU ALL. I was giving what i though to be a very fair price on the truck form a local dealer in brooklyn ny but as faith would have it the dealer closed and i never got my truck. This was the first week of feb and I said ill wait till march maybe ill get a better price. Does anyone know if there is any cash back for leases. And what a fair price for a fully loaded soup to nuts 2007 denali. I was quoted 679 a month for 39 months with 4200 down 10k a year but like i said dealer is out now I am a 22 yr old from brooklyn ny so i need all the help i can get dealers dont take me serious THANK YOU
#61 of 169
did i get a good deal by aron2
Mar 06, 2007 (8:36 pm)
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i just found this forums so go easy on me. on 2/15/07 i got a Yukon with the slt package. the cost is $46312.53. i got it in NY for $625 a month and $1394.00 out off pocket. that is with everything plus being able to give it back with $5000 worth of damage 39 months and 10,000 miles. was this a good deal
#62 of 169
Same old questions. by moose08
Mar 07, 2007 (1:39 pm)
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Carman, I hate to bombard you with redundant questions, but it seems the previous deals with the Yukon expired on February 28th. I was hoping you could answer two questions for me
1) Is the lease rate and residual on a 12k 36 mo lease still 7.2% and 63%?
2) Is the $1750 that GM is offering as cash back applicable to a lease through GMAC?
#63 of 169
Deal finalized by moose08
Mar 13, 2007 (5:40 pm)
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I was just given a quote on a loaded Yukon Denali (DVD Nav, rearview camera, rear ent, heated steering wheel, 20" wheels).
MSRP: $55505
Sale Price: $51109
Term: 39mo.
Residual: 62%
Lease Rate: 7.2%
 
The $1750 cash allowance currently being offered is for a purchase only.
 
Seems that 7.2% is the base lease rate, so I'm assuming this is a go ahead deal. My GM card incentives bring the price down another $2250 to a final cap cost of $48859 (GM usually caps card redemption on the Denali at $1500, but I had a special incentive allowing it to exceed the typical redemption limit). My final lease price is in the $670 range with nothing down (pa has a 3% lease tax ON TOP of the 6% sales tax, bringing the total tax rate to 9%). Please post if you think this is a bad deal.

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