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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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#97 of 169
Wanting to lease a Yukon Denali by fallsparky
Oct 30, 2007 (7:11 pm)
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I want leather with captain chairs in middle an bench seats in rear i want to lease for 36-39 mths i have a total of 1000 to put down we live in va but nc line is on 30 minutes away i want to get best lease for 380-450 a month.
 
need help one score is 700 plus the other is 520 will i get to lease at premeir rate
#98 of 169
SLT2 vs Denali vs MDX lease by artsrt10
Nov 09, 2007 (8:20 pm)
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Any thoughts out ther on the diff in prices out there for leases on an SLT2, Denali, and MDX lease? I'd be looking at nothing down (just first month and doc fees, EVERYTHING else in payment) 12k mi and 36/39 mos. Also any thoughts on how much dvd/nav would add to the monthly lease rate? Additionally I def want power liftgate on each vehicle. Also any advice as to which to select? By Jan i will have 2 boys (4 1/2 yr old and newborn) and live in staten Island, NY (city driving will prob affect mpg's signficantly). Any thoughts on diff in mpg for the diff trucks?
 
Thanks!
#99 of 169
Re: SLT2 vs Denali vs MDX lease [artsrt10] by godsthere
Nov 15, 2007 (7:23 pm)
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Replying to: artsrt10 (Nov 09, 2007 8:20 pm)

If I lived in NYC I would buy the hybrid outright and get the tax credit.
#100 of 169
2008 Lease Numbers??? by ocautoseeker
Nov 22, 2007 (2:05 am)
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Hello Carman or anyone else who can help:
 
Thinking about leasing a fully loaded '08 Denali XL that lists for $57,765 or might consider the shorter version for $55,205. Just curious what GM's current residual values and money factors (APR) are on either a 36mo/15k or a 39mo/15k lease?
 
I've read that you cannot get the rebate, but can take the bonus cash on a lease. Is this correct? If I were to lease through a secondary bank other than GMAC, would I get the rebate?
 
Thanks in advance for any insight.
#101 of 169
Re: 2008 Lease Numbers??? [ocautoseeker] by Car_man HOST
Dec 27, 2007 (3:50 am)
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Replying to: ocautoseeker (Nov 22, 2007 2:05 am)

Here's the information that you're looking for, ocautoseeker. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 GMC Yukon Denali XL with 15,000 miles per year are 7.2% and 60%, respectively. The lease rate for an otherwise identical 39 month lease would be the same, but the residual value would be 59%.
 
What you read is correct, the customer cash that General Motors is currently providing on this truck is not compatible with this lease program, but the $1,000 bonus cash is. If you were to lease the Yukon XL that you are interested in through a bank other than GMAC then you would be able to take advantage of the $750 customer cash in addition to the bonus cash.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#102 of 169
Denali Lease by hanoverken
Jan 17, 2008 (2:43 am)
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One of my local dealers has offered to sell me an '08 Denali for $50,199. I am leasing the vehicle for 39 months/15k miles per year. Money factor is .003 (7.2%) and residual is $33,160 or 61%. It has the sun, entertainment, and destination package plus 20" wheels. I think it also has a heated steering wheel.
 
Can you comment on that as compared to other sales out there? I'm inclined to believe I could get the cap cost down, but the lease values are pretty standard.
 
MSRP is $55,205 and the above price is supposedly $500 under invoice, but I don't have the evidence to back that up. Can you help me? Thanks!
 
Ken W.
Massachusetts
#103 of 169
Follow up to above post. by hanoverken
Jan 17, 2008 (11:30 am)
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I am told that by leasing the vehicle in the above post I lose out on incentives - $3000 worth. The vehicle cost drops to $47,199 if I buy outright. So, I guess I should rephrase the question to be is $50,199 a good price on a LEASED vehicle?
 
Ken W.
#104 of 169
Re: Follow up to above post. [hanoverken] by monkeyshift
Jan 17, 2008 (7:16 pm)
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Replying to: hanoverken (Jan 17, 2008 11:30 am)

Seems like a pretty decent price to me. What was the MSRP? 56,300? If so, the GMS employee pricing is $49,494 so you're getting a car close to employee price. What rebates are there for 3K? Marketing support? Also, what's your monthly payment come out to, including sales tax for that deal?
#105 of 169
Re: Follow up to above post. [monkeyshift] by hanoverken
Jan 18, 2008 (11:10 am)
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Replying to: monkeyshift (Jan 17, 2008 7:16 pm)

I think the MSRP was $56,205. I was really focused on the cap cost only. The GM supplier pricing is for purchases, unless I misunderstood. They have a lease deal, but this one is better than that.
 
Payment is $727 if I pay the $670 acquisition up front, $747 if I roll it into the cap cost.
 
I got responses from about 10 dealers and this is the best so far.
 
Anyone out there get better numbers?
 
Thanks,
 
Ken
#106 of 169
Re: Follow up to above post. [hanoverken] by ocautoseeker
Jan 18, 2008 (6:48 pm)
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Replying to: hanoverken (Jan 18, 2008 11:10 am)

Those numbers appear very consistent. I structured two Yukon leases last month based on the same program GM is still running now. Although the lease rate is slightly high, the 59% residual (39 mo.) and aggressive cap cost make this a fairly decent deal, especially since you're allowed 15k-mi/yr.
 
The only downside to this lease is the inflated residual value, especially if you're thinking about buying out at lease-end. No way in heck that truck will hold 60% after 39 months! If not, keep within your mileage, enjoy the ride and hand 'em the keys at the end.
 
Good Luck!

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