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GMC Sierra Lease Questions

51 messages,  Last post on Apr 16, 2009 at 11:16 AM

You are in the Chevrolet Silverado & GMC Sierra Forum. Your Host is kcram

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


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#44 of 51
Re: To purchase or not? [thothtp] by Car_man HOST
Feb 22, 2008 (2:39 am)
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Replying to: thothtp (Feb 21, 2008 6:40 pm)

Welcome Tyler. Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of any 2008 GMC Sierra 1500 Crew Cab with 12,000 miles per year would be 7.75% and 64%, respectively. The numbers for an otherwise identical lease of a 2008 Sierra 1500 Extended Cab are 4.75% and 60%. The numbers for an otherwise identical lease of a 2008 Sierra 1500 Regular Cab are 8.2% and 49%. When negotiating your lease on this truck, make sure to take the $1,000 bonus cash that is currently available on it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#45 of 51
2008 Sierra MF and Residual by glevitt
Apr 25, 2008 (6:52 pm)
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Hello all,
 
Anyone know what the current GMAC lease details are on Sierra 1500 crew cab and extended cab. I have heard 61% for 3yr/36mi but can't button down a money factor or interest rate. I am in Colorado.
 
Thank you very much for the help!
 
Greg in Denver
#46 of 51
Re: 2008 Sierra MF and Residual [glevitt] by Car_man HOST
May 08, 2008 (2:27 am)
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Replying to: glevitt (Apr 25, 2008 6:52 pm)

Hello Greg. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 GMC Sierra 1500 Crew Cab 4WD with 12,000 miles per year are 7.75% and 64%, respectively. The numbers for an otherwise identical lease of an '08 GMC Sierra Extended Cab 4WD are 4.75% and 60%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#47 of 51
08 Sierra 1500 Ext Cab SLE2 Lease Question by speedracerr
May 29, 2008 (3:31 pm)
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Hey Carman,
 
Was just offered the following deal for a 2008 GMC Sierra 1500 Ext. Cab w/ SLE2 with tow package. I think the dealer's padding the invoice price by a few hundred also. Does this seem like the best deal i can get? I reside in NV. The figures are based on 48 mos/ 12k mile
 
MSRP: $33,565
Invoice: $31059
Residual Amt/ Pct: .51%
Money Factor: 5.75%
Gross Cap Cost: $28,559
Net Cap Cost: $28,461.50
 
I'm hoping to get the payments below $370. Is this possible? Thanks a lot for your help!!!
#48 of 51
Re: 08 Sierra 1500 Ext Cab SLE2 Lease Question [speedracerr] by Car_man HOST
Jun 05, 2008 (2:33 am)
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Replying to: speedracerr (May 29, 2008 3:31 pm)

Hi speedracerr. The market for large pickups like the Sierra is absolutely dead right now. If you are in an area that has a decent level of competition, you should be able to easily get this truck for the invoice price that is listed right here at Edmunds.com, New Vehicle Pricing, minus any available cash incentives.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#49 of 51
Re: 08 Sierra 1500 Ext Cab SLE2 Lease Question [Car_man] by thothtp
Jul 02, 2008 (2:09 pm)
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Replying to: Car_man (Jun 05, 2008 2:33 am)

Car_man,
 
I was wondering if you had the updated lease rates for Sierra 1500's for July? I am interested in an extended cab Sierra 1500 4x4 with SLE1 and 5.3l, 12,000 miles, likely 36 months but that is flexible based on whatever is the best rate.
 
Also, does the $5000 rebate apply to leases? If not, what if any rebates do apply? I am planning to pull the trigger this month and want to know all the info before I go in.
 
Thanks so much,
-Tyler
#50 of 51
Re: 08 Sierra 1500 Ext Cab SLE2 Lease Question [thothtp] by Car_man HOST
Jul 07, 2008 (3:06 am)
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Replying to: thothtp (Jul 02, 2008 2:09 pm)

Hi Tyler . Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 GMC Sierra Extended Cab 4WD with 12,000 miles per year are 4.75% and 60%. GM is currently providing $2,000 bonus cash on this truck that can be used in conjunction with this lease program.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#51 of 51
Press Request by KarenS HOST
Apr 16, 2009 (11:16 am)
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A reporter would like to talk with someone who bought a new GMC truck in the past six months. Please respond to jfallonedmunds.com today, Thursday, April 16, 2009 with your daytime contact information.

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