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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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#72 of 169 Re: Denal deal...is this correct? Seems like high lease payments to me... by Car_man HOST Apr 13, 2007 (2:23 am)
Replying to: budlong (Mar 14, 2007 5:13 am) Hello Jeni. The fact that you are able to purchase this truck through GM's supplier purchase program means that you are getting it for a good price. Let's use GMAC's current lease program to estimate what its monthly payment should be. According to my calculations, if you were to lease a 2007 GMC Yukon Denali that has an MSRP of $51,070 and a selling price of $47,598 through GMAC right now for 48 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $661. If you were to lease this truck for only 36 months, its payment should be around $706. These are for GM's SmartLease program, not its SmartBuy program. Given how much lower the payment that I came up with is than the one that you were quoted you may be better off going with a lease than a balloon note on this truck.   Car_man Host Prices Paid Forum
#73 of 169 MF/Residual on 2007 Denali by mcgdoc May 05, 2007 (11:46 am)
I'm thinking of leasing a Denali.   What is the residual and the money factor for 1. 24 month/15k per year 2. 36 month/15k per year   I have a tier one credit.   Thanks! Replies to this message: Car_man (Jun 08, 2007 3:03 am)
#74 of 169 Re: GMC Yukon: Lease Questions [Car_man] by roj May 18, 2007 (2:11 pm)
Replying to: Car_man (Aug 31, 2005 3:03 am) Hello Car_man I'm interested in leasing a 2007 GMC Yukon SLE-1 2WD. 36 or 48 month lease. At least 15K miles per year. Is there an 18K mile per year lease? MSRP is $35,525. Do you know what the current lease rate (MF) and Residual is for this vehicle? Do you know what I can expect to pay monthly (including 7.75% So Cal Tax rate) if I only pay minimum drive off fees? I have Tier 1 Credit. Assume I get vehicle at invoive (~$32650) minus current $2000 GMC incentive. Thanks Replies to this message: Car_man (Jun 11, 2007 1:22 am)
#75 of 169 Yukon Lease help by mjbrady77 May 21, 2007 (8:14 pm)
I am interested in leasing a Yukon SLT. The dealer told me I could only get $1,500 of the GM incentive, since it is a lease. Does this sound correct or should a lessee get $2,500? Here are the details, please let me know if the deal sounds good....   MSRP - $50,175 Sale Price - $46,111 48 months/15,000 miles/$0 down/7.7 sell rate/52% residual - $673 p/month   OR   MSRP - $50,175 Sale Price - $46,111 39 months/15,000 miles/$0 down/7.7 sell rate/59% residual - $685 p/month   Thanks for the advice!!! Replies to this message: Car_man (Jun 11, 2007 1:27 am)
#76 of 169 Need Some Advice by cams3 Jun 07, 2007 (9:02 pm)
Ok guys here are my numbers, I just got my certificate for a supplier dealer discount and printed up my window sticker on https://www.gmfamilyfirst.com/ip-gmemployee/   Yukon SLT   Total MSRP: $42,950.00 Supplier Price: $39,482.86  Current Offers: - $2,000.00 (cash back incentive) Net Price: $37,482.86   What type of lease payment should i be looking at? Im going to the dealer tomorrow. Any advice would be helpful Located in NY   thanks Replies to this message: cams3 (Jun 08, 2007 4:27 am) Car_man (Jun 11, 2007 1:31 am)
#77 of 169 Re: MF/Residual on 2007 Denali [mcgdoc] by Car_man HOST Jun 08, 2007 (3:03 am)
Replying to: mcgdoc (May 05, 2007 11:46 am) Here you go, mcgdoc. GMAC's current base lease rate and residual value for a 24 month lease of a 2007 GMC Yukon Denali with 15,000 miles per year are 7.2% and 67%, respectively. The numbers for an otherwise identical 36 month lease are 7.2% and 60%. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.   Car_man Host Prices Paid Forum
#78 of 169 Re: Need Some Advice [cams3] by cams3 Jun 08, 2007 (4:27 am)
Replying to: cams3 (Jun 07, 2007 9:02 pm) Hello Car_Man   Any chance you can give me some advice on the above info(post #76).. Im going to the dealer today, what should i be expecting   thanks
#79 of 169 Re: GMC Yukon: Lease Questions [roj] by Car_man HOST Jun 11, 2007 (1:22 am)
Replying to: roj (May 18, 2007 2:11 pm) Hello roj. 15,000 miles per year is the highest mileage allowance that GMAC publishes residual values for. You would be able to lease a vehicle through it with a higher mileage allowance than that, but in order to do so you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the scheduled end of your lease and have to pay an excess mileage penalty.   GMAC's current base lease rate and residual value for a 36 month lease of a GMC Yukon with 15,000 miles per year are 7.2% and 60%, respectively. The numbers for an otherwise identical 48 month lease are 7.2% and 52%. Let's use this lease program to work up a sample payment for you. According to my calculations, if you were to lease an '07 GMC Yukon that has an MSRP of $35,525 and a selling price off $32,650 (the $2,000 cash incentive is not compatible with leases) through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $477. The payment for an otherwise identical 48 month lease would be around $449.   Car_man Host Prices Paid Forum
#80 of 169 Re: Yukon Lease help [mjbrady77] by Car_man HOST Jun 11, 2007 (1:27 am)
Replying to: mjbrady77 (May 21, 2007 8:14 pm) Hi mjbrady77. GM's normal customer cash incentive is not available on leases through GMAC. I have even worse news for you. If you haven't leases already, you will not be able to take advantage of the $1,500 cash incentive either. This bonus cash incentive was available on the '07 Yukon in late may and it was not extended for the month of June. Having said this, I suspect that GM will introduce some sort of enhancement to its June program later on this month.   I assume that the selling prices you mentioned for this truck are taking the bonus cash into account. If so, they're not bad. If not, they're outstanding.   Car_man Host Prices Paid Forum
#81 of 169 Re: Need Some Advice [cams3] by Car_man HOST Jun 11, 2007 (1:31 am)
Replying to: cams3 (Jun 07, 2007 9:02 pm) Hi cams3. Unfortunately, the $2,000 customer cash incentive that General Motors is providing on the 2007 GMC Yukon is not available on leases of it through GMAC. Let's work up a sample lease payment for you and see what we come up with. You never mentioned how long you want to lease this truck for or what mileage allowance you need, so for now I will assume that you are going with a 36 month lease with 15,000 miles per year. Let me know if you want something different. According to my calculations, if you were to lease a 2007 GMC Yukon that has an MSRP of $42,950 and a selling price of $39,483 through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $577.   Car_man Host Prices Paid Forum

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