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Chevrolet Tahoe Lease Questions

254 messages,  Last post on Nov 17, 2009 at 6:06 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are steve_ & tidester

What is this discussion about? Chevrolet Tahoe, Car Leasing, SUV


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#245 of 254
Tahow LTZ by thechairman1
Jul 15, 2008 (6:34 am)
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Went looking yesterday at a lease on a 2008 Tahow LTZ with sun, ent, and dest package. 36 mths and 12,000 mi/yr. numbers quoted by the dealer seemed high (over $740/mth off of a selling price of slightly over $48,000).
 
Was also told that the $2000 rebate on leases ended back on Jul 7. Is this true? And, if so, what are the current numbers on these Tahoe leases? Money factor, residual value. Are there any current incentives?
 
Many thanks.
#246 of 254
Re: Tahow LTZ [thechairman1] by Car_man HOST
Jul 22, 2008 (1:22 am)
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Replying to: thechairman1 (Jul 15, 2008 6:34 am)

Hi thechairman1. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet Tahoe with 12,000 miles per year are 7.2% and 63%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
What you were told about the $2,000 cash incentive on leases disappearing is correct. I do not believe that General Motors is currently providing any cash incentives on leases of this truck.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#247 of 254
whether or not lease by biscuits
Jul 14, 2009 (6:46 pm)
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Hi, could someone please post the pros and cons of leasing.
 
thanks alot
#248 of 254
Re: whether or not lease [biscuits] by kyfdx HOST
Jul 15, 2009 (3:15 am)
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Replying to: biscuits (Jul 14, 2009 6:46 pm)

Try this discussion: Leasing vs. Purchasing
 
Or... these articles on Edmunds: Leasing Tips
 

 
regards,
kyfdx
#249 of 254
how to apply base lease rate by harper68
Aug 06, 2009 (4:12 pm)
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When you say base lease rate of 7.2% how does that apply to the monthly payment.
Example: if a price is $48,000 and the base lease rate is 7.2% what is the monthly payment??? Thanks
#250 of 254
Re: how to apply base lease rate [harper68] by Car_man HOST
Aug 18, 2009 (2:23 am)
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Replying to: harper68 (Aug 06, 2009 4:12 pm)

Hi harper68. One can convert lease rates into approximate money factor equivalents by dividing them by 2400. So, for example, a lease rate of 7.2% would be equivalent to a money factor of around .00300.
 
You can take this converted money factor and plug it, along with this truck's MSRP, selling price, and residual value, into the formula that is outlined in the following article to calculate an approximate monthly payment: Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#251 of 254
2009/2010 4WD Tahoe LT2 Lease Rate by dolphin5
Oct 10, 2009 (5:16 pm)
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Car_man,
 
Can you post the lease rates for 2009&2010 4WD LT2 lease rates for a 36 month with 15000 miles per year lease. Are there any incentives available on the lease? I'm in ny.
 
Thank you
#253 of 254
Re: 2009/2010 4WD Tahoe LT2 Lease Rate [dolphin5] by Car_man HOST
Oct 21, 2009 (2:39 am)
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Replying to: dolphin5 (Oct 10, 2009 5:16 pm)

Hi dolphin5. While General Motors has begun leasing a number of models again, unfortunately the Chevrolet Tahoe is not one of them. It does not make sense to lease one right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#254 of 254
Re: 2009/2010 4WD Tahoe LT2 Lease Rate [Car_man] by lkal
Nov 17, 2009 (6:06 pm)
Reply

Replying to: Car_man (Oct 21, 2009 2:39 am)

Why does it Not make sense to lease right now?

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