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Pontiac G6 Lease Questions

65 messages,  Last post on Apr 30, 2008 at 3:19 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Pontiac G6, Car Leasing, Coupe, Sedan


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#46 of 65
lease or buy in oregon by suzz
Jun 28, 2007 (11:22 am)
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I am looking at buying or leasing the 2007 G6 Convertible. With the 0% financing and $1,000 cash back, should I buy or lease? What should the final cost be with traction and stability control? I am in the Portland, Oregon area.
Thank you, Car Man!
(I was also considering the Mustang convertible, but the hardtop convertible seemed quieter on the highway and the deals now seem better. Do you agree?)
#47 of 65
looking for residual values on G6 by calc555
Jun 28, 2007 (2:07 pm)
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I am looking to get the cheapest lease I can on a G6 with a V6 for 36-39 months and 10-12K miles. Could you please list the current lease residuals and money factors for those terms? Which model would be my best bet? I am also considering a fairly loaded Impala - would I do better with that considering the higher rebate and the fact that I can use $2000 from my GM card instead of $1000 for the G6?
#48 of 65
Re: GMAC Smartbuy early termination [waynelk] by duke21
Jul 03, 2007 (4:49 pm)
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Replying to: waynelk (Apr 15, 2006 8:25 am)

I think that I can answer your question. There is no penalty or additional fee for paying off a GMAC Smart Buy early.
 
My parents just purchased a car using GM's Smart Buy program. My parents wanted to take advantage of the Smart Buy rebate, but not incur the monthly interest charges over the life of the Smart Buy lease.
 
The finance person at the dealership suggested that they should purchase the car using the Smart Buy program and wait two months before calling GMAC financing to inform them that they wanted to pay off the car in full. After one month (before my parents even received the payment booklet), my parents called GMAC financing and stated that they wanted to pay the car in full. The GM rep gave them a mailing address and the amount they owed. The amount they owed was based on the price they paid for the car and interest charges accrued up to that day (about one month's worth). The GMAC financing rep added an additional four days worth of interest charges to the amount based on an estimate of how long it would take the U.S. postal service to deliver the check if my parents mailed the check that day.
 
My parents mailed the check for the car on the same day (USPS Priority mail with tracking) and since it took only two days for GMAC financing to receive the check, they were reimbursed for two days worth of interest.
 
Since it was so easy to pay off the Smart-Buy early, I wonder if my parents would have saved even more money in interest charges if they would have called GMAC financing sooner (maybe two weeks after they purchased the car).
 
I know that I am responding to an old post, but my response is for those people who are searching the forums for an answer about paying off a GMAC Smart Buy purchase early.
 
Keywords: Smartbuy, smart buy, GMAC, terminate, termination, pay off early, leasing, additional fees, penalty
#49 of 65
2008 G6 GT Lease Information by ackerman
Aug 10, 2007 (7:35 am)
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Please advise 2008 G6 GT 36 and 39 Month Lease information including 10K and 12K Mile Residuals, Interest Rate and all applicable Rebates.
#50 of 65
Re: 2008 G6 GT Lease Information [ackerman] by Car_man HOST
Sep 12, 2007 (4:00 am)
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Replying to: ackerman (Aug 10, 2007 7:35 am)

Here's the information that you're looking for, ackerman. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Pontiac G6 GT with 12,000 miles per year are 3.0% and 55%, respectively. The lease rate for an otherwise identical lease with only 10,000 miles per year would be the same, but the residual value would be 2% higher. When negotiating your lease on this car, make sure to take advantage of the $300 lease cash that General Motors is currently providing on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#51 of 65
Re: 2008 G6 GT Lease Information [Car_man] by mearly
Sep 25, 2007 (3:38 am)
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Replying to: Car_man (Sep 12, 2007 4:00 am)

What would the current base lease rate and residual value for a 36 month lease on both a 2007 and 2008 Pontiac G6 GT be with 15,000 miles? I believe there is an extra $500 allowance on the 2007, are there any other incentives I should be aware of? I'm in Kansas and would be trading in a non GM vehicle.
 
Thank you
#52 of 65
Re: 2008 G6 GT Lease Information [mearly] by Car_man HOST
Oct 22, 2007 (3:45 am)
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Replying to: mearly (Sep 25, 2007 3:38 am)

Greetings mearly. Nissan Motor Acceptance Corp.'s current base lease rate and residual value for a 36 month lease of a 2008 Pontiac G6 GT with 15,000 miles per year are 2.35% and 52%, respectively. I don't believe that General Motors is currently providing any cash incentives on leases of this car.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#53 of 65
Current lease #'s by tripowergto
Jan 06, 2008 (1:23 pm)
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Hello,
 
  Can anyone provide the current money factors and residuals for the 2008 and 2007 G6 sedan for 24 & 36 months with 12K miles per year? Is GM currently offering any lease support on similiar models?
 
Thanks!!
#54 of 65
Re: Current lease #'s [tripowergto] by Car_man HOST
Feb 01, 2008 (4:52 am)
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Replying to: tripowergto (Jan 06, 2008 1:23 pm)

Hi tripowergto. Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Pontiac G6 without the SV package with 12,000 miles per year are 2.35% and 62%, respectively. The numbers for an otherwise identical 36 month lease are 2.35% and 55%. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. One can convert lease rates into approximate money factor equivalents by dividing them by 2400. So, a lease rate of 2.35% would be equal to a money factor of around .00098. General Motors is no longer providing lease support on 2007 models, but it does have support on most '08 models.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#55 of 65
2008 G6 GXP by nishkiara
Feb 02, 2008 (10:27 am)
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Hi Car Man!
 
I'm planning to lease or buy a G6 in the next two weeks. My credit's not great so I think I'm going to have to buy instead of leasing. I'm thinking the SmartBuy will be my option. I was trying to figure out what my payment would be with the employee discount and 2000.00 down. I may get 500.00 for my trade. The MSRP is 26,455. I couldn't come up with anything realistic, I don't think I understand how to calculate it. I see the offer here in Michigan in 2000 cash back, is this for a buy only? Help!

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