Last post on Mar 25, 2008 at 3:11 AM
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Buick Lucerne, Car Leasing, Sedan
#18 of 31 2006 Buy versus 2007 Lease CXS
May 14, 2007 (1:28 pm)
I am looking at 2 different Lucerne CXS models, and was wondering if anyone might have some insight they could help me with. First off, I'm debating purchasing a 2006 model with premium paint, htd washer fluid/remote start/parking assist, htd & cooled seats, 6-disc cd changer and 18" chrome plated alum wheels that stickers at $38,130, or of leasing a 2007 similarly equiped except it also has a pwr sunroof that stickers at $40,075. I'm looking at a 39 month lease with 20K miles/yr. I may qualify for some or all of the following: loyal Buick owner ($750), cash allowance ($2000/'06), conquest cash ($500 - we also have a foreign car) and SmartBuy trade-in cash allowance on purchase (for the '06 model). Since I need a high mileage lease, maybe with all the incentives for the '06, it might be less to purchase. What do you think, or what calculations should I make to come up with a good comparison estimate? Thanks for your help! (I'll also post this under leasing questions.)
#19 of 31 Re: 2006 Buy versus 2007 Lease CXS [jaysquared55]
Jun 06, 2007 (1:36 am)
Hi jaysquared55. The high mileage that you drive would push me to finance or pay cash for a 2006 Lucerne than lease a 2007 model if I was in your situation.
Prices Paid Forum
Jun 20, 2007 (12:10 pm)
I currently drive a 2005 F150 Supercrew 4wd. It's killing me on gas but it will seat 6 people which is nice since I have 4 children. My in-laws have a 6 seat lucerne and I really like the way it drives. My children are still small so we can fit comfortably in this.
I spoke with a dealership about 3 hours from me and here is their offer.
36 month lease based upon a GMS purchase price of $29,181. I am allowed 25,000 miles a year with a residiual of $13876 and a money factor of 5.0. They are allowing me $19,000 on my F150 which I owe $23,879 on. This brings my monthly lease payment to $641 + tax or $550 + tax if I go with 12,000 miles.
I have never leased before so am unfamiliar with what constitutes a good deal. Any advice is greatly appreciated!
#21 of 31 Re: Buick Lucerne: Tell Buick What You Want [KarenS]
Jun 23, 2007 (4:39 am)
Very sorry to change the subject. I am in the process of building my lucerne CXL with all the things that I want. I am only interested in leasing. They are telling me now that a lease may not be an option for the first 6 months of the 2008. I am told that there is a 2007 with the same color and almost everything that I am looking for. the price is $1000 more than the car that I built.ONLY THIS CAR HAS 2700 MILES ON IT.THE DEALERS WIFE DROVE IT. IT IS VERY BEAUTIFUL, SHOULDN'T THIS CAR BE CLASSIFIED AS USED ? SOMEONE PLEASE ENLIGHTEN ME . EDDIEDEE
Jul 13, 2007 (1:31 am)
Greetings Bob. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
The fact that you are able to purchase, or in this case lease, the Lucerne that you want using GMS pricing assures you of getting a good deal without having to haggle. Just double check that the dealer you are leasing through uses GMAC's current base lease rate of 3.0% to calculate your monthly payment and you're in business.
Prices Paid Forum
#23 of 31 Re: Buick Lucerne: Tell Buick What You Want [eddiedee]
Jul 13, 2007 (1:36 am)
Hi eddiedee. What you were told is incorrect. General Motors' lease program for the 2008 Buick Lucerne is actually exactly the same as it is for the 2007 model. GMAC's current base lease rate and residual value for a 36 month lease of an '08 Lucerne with 15,000 miles per year are 3.0% and 52%, respectively.
As far as the demo car that you are interested in goes, as long as it has not been titled it is still technically a "new" vehicle even though it has nearly 3,000 miles on it. What that means is that it still qualifies for GM's new vehicle incentives. What it does not mean is that you should pay a new vehicle price for it. The problem that I personally have with demo vehicles is that dealers never seem to be willing to discount them enough for me to justify purchasing what is essentially a low mileage used vehicle over a similar brand new one.
Prices Paid Forum
#24 of 31 Lucerne Question
Jul 17, 2007 (2:48 pm)
Any information would be appreciated. I want to lease a Lucerne CXL MSRP $32,900 approx (or simular GM) for 36-39 months 10k miles. However, I have to overcome a significant trade deficit from my current 06 Lacross (around 6k). Is there any lease cash out there that could help offset this. Also, when negotiating does the trade deficit $$ have to be fully in the lease payments or can the dealer inflate the trade amount and car price paid so it can be included in the residual?
#25 of 31 August Lucerne Residual Rates
Aug 06, 2007 (7:14 am)
Hi All. Does anyone have the current residual rates and interest rates for the following:
Lucerne CXL-V6 12,000 Mile 2 Year or 3 Year
Lucerne CXL-V8 12,000 Mile 2 Year or 3 Year
Looking to take advantage of GM Pep for family. Are the rates better for Lucerne CXS?
Thanks for any help
#26 of 31 Re: August Lucerne Residual Rates [jmschultz22]
Aug 24, 2007 (2:29 am)
Here's the information that you're looking for, Joel. GMAC's current base lease rate and residual value for a 24 month lease of any 2007 Buick Lucerne with 12,000 miles per year are 3.0% and 63%, respectively. The numbers for an otherwise identical 36 month lease are 3.0% and 55%, respectively. When negotiating your lease on this car, make sure to take advantage of the $1,000 bonus cash and $650 lease cash ($1,650 total) that General Motors is providing on it right now. this cash will help you to negotiate an attractive capitalized cost for your lease.
Prices Paid: Buying & Leasing Experiences Forum
#27 of 31 NOVEMBER LUCERNE LEASE RATES
Nov 08, 2007 (5:08 am)
ANYONE KNOW THE CURRENT LEASE RATE AND RESIDUALS AND INCENTIVES FOR A 24 MO 10K MILE LEASE ON A 2008 LUCERNE?