Ask the Car People.SM


GMC Sierra Lease Questions

87 messages,  Last post on Mar 11, 2013 at 4:13 PM

You are in the Chevrolet Silverado & GMC Sierra Forum.

What is this discussion about? GMC Sierra 1500, GMC Sierra 1500HD, GMC Sierra 2500, Car Leasing, Truck

Messages Page 4 of 9

#30 of 87 Guys........ by rockylee

Feb 14, 2007 (10:24 am)

Wouldn't it be cheaper to do traditional finacing ?
 
Rocky

#31 of 87 Re: Guys........ [rockylee] by rs1807

Feb 14, 2007 (10:36 am)

Replying to: rockylee (Feb 14, 2007 10:24 am)
Maybe. I'm not sure if there is a tax advantage either way. (Truck is for the business.)
 
GM has 0% for 36 months (purchase) on the new style this week. The 'Classics' have 0% for 60 months.

#32 of 87 Re: 2007 Sierra lease amount [rs1807] by Car_man HOST

Feb 28, 2007 (4:58 am)

Replying to: rs1807 (Feb 05, 2007 3:53 pm)
Hi rs1807. You really shouldn't make any sort of down payment when leasing. I always advise consumers against doing so because if your leased vehicle is totaled in an accident or stolen and not recovered during your lease term there is a good chance that you will lose any down payment that you made.
 
Ford's incentives on the F-Series pickup are more aggressive right now than GM's incentives on the redesigned GMC Sierra are, so I am not surprised that it is less expensive to lease a Ford than a Sierra right now.
 
Car_man
Host
Prices Paid Forum

#33 of 87 2007 Sierra Denali Lease Payment by dpj

May 25, 2007 (12:07 am)

Car_Man,
 
Looking at a 2007 Sierra Denali, MSRP $48,670, Expecting to pay around invoice at $44,052 less $2,250 in incentives. 36 Mo, 15K mi, no idea of lease rates or residual. Any ideas of rate, residual and payment?

#34 of 87 Re: 2007 Sierra Denali Lease Payment [dpj] by Car_man HOST

Jun 08, 2007 (4:00 am)

Replying to: dpj (May 25, 2007 12:07 am)
Greetings dpj. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Sierra 1500 Crew Cab with 15,000 miles per year are 8.15% and 61%, respectively. Using these numbers, an MSRP of $48,670, and a selling price of $41,802, I estimate that your zero down, pre-tax monthly payment would be around $580.
 
Car_man
Host
Prices Paid Forum

#35 of 87 August lease program info please... by multiplechoice

Aug 03, 2007 (9:12 am)

Hi Car_man, I am looking at the GMC Sierra 1500 2WD SLE trim. Crewcab short bed. What is the current lease program. 24 and 36 months, 15K per year? I'm in southern california. Thanks for the info.

#36 of 87 Re: August lease program info please... [multiplechoice] by Car_man HOST

Aug 29, 2007 (3:17 am)

Replying to: multiplechoice (Aug 03, 2007 9:12 am)
Hey multiplechoice. Here's the info that you're looking for. GMAC's current base lease rate and residual value for a 24 month lease of a 2007 GMC Sierra 1500 Crew Cab SLE 2WD with 15,000 miles per year are 7.75% and 70%, respectively. the numbers for an otherwise identical 36 month lease are 7.75% and 61%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#37 of 87 Re: August lease program info please... [Car_man] by gatersaw

Sep 18, 2007 (2:12 pm)

Replying to: Car_man (Aug 29, 2007 3:17 am)
Car_man,
I greatly appreciate your info.
I'm looking at purchasing or leasing a new 07 Sierra. It seems we'll be seeing big discounts on cars again soon ie. 10k off sticker prices on Ford and GM pickups and more than 10k off full sized SUV's. Is it possible to negotiate 10k off sticker on a Sierra and then negotiate a lease? The lease would be very small because the depreciation would be negotiated out of the deal.
Do you have experience with this?
 
The recent rate cut by the US FED will boost retail sales in the near term but the end of this year will see economic consolidation and car manuafacturers will feel the pinch again.

#38 of 87 ny smartbuy sales tax problem by caddyman9160

Sep 20, 2007 (8:17 pm)

Hello car_man,
I am getting 2 different opinions regarding the impending purchase of a new 2007 sierra 1500 crewcab. I want to take advantage of the 0% , 60 months financing. Using the pull ahead option for my 04 escalade w/ 68K miles, one dealer said i am entitled to sales tax savings using a book value for my 04 escalade , the other dealer said I am not entitled to any sales tax credit when i pull ahead, only when i trade in. Neither dealer want my vehicle as a trade in. I am currently in a smart buy, 3 months left, 16K miles over. I live in Central NY, unable to get ANY advice from GM, or GMAC. Can you advise or point me in the right direction?
 
Thank You,
Craig caddyman9160

#39 of 87 08 Sierra Crew Cab by ltrejo

Nov 18, 2007 (1:12 pm)

Hello,
 
I'm looking for the current lease programs for an 08 Sierra Crew Cab, SLE, 36 months, 15k miles.
 
Thanks!

Messages Page 4 of 9

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement