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Chevrolet Trailblazer: Lease Questions

112 messages,  Last post on Sep 29, 2009 at 2:18 AM

You are in the Chevrolet TrailBlazer Forum. Your Hosts are steve_ & tidester

What is this discussion about? Chevrolet TrailBlazer, Chevrolet TrailBlazer EXT, Car Leasing, SUV


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#63 of 112
Re: 2007 Trailblazer Lease.... [mikej2] by Car_man HOST
Feb 02, 2007 (2:29 am)
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Replying to: mikej2 (Feb 01, 2007 4:49 pm)

No problem, mikej2. Your payment sounds about right to me. Enjoy your new truck .
 
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#64 of 112
Re: 2007 Trailblazer Lease.... [lisa765] by Car_man HOST
Feb 02, 2007 (2:34 am)
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Replying to: lisa765 (Feb 01, 2007 8:02 pm)

You're welcome, Lisa. You're right, GMAC's lease program for the 2007 Chevrolet Trailblazer does not vary by trim level. Its current 36 month, 10,000 mile per year base lease rate and residual value for this truck are 5.9% and 60%, respectively. GMAC's lease rate for a 39 month lease of this truck would be the same, but its residual value would be 1% lower. In certain counties in Indiana General Motors is providing $1,750 lease cash on 36 month leases of the '07 Trailblazer right now. Additionally, just yesterday GM introduced $1,000 lease loyalty cash for residents of those same counties.
 
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#65 of 112
Lease or Buy a 2007 Trailblazer by maya29
Feb 06, 2007 (6:30 pm)
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Hi, I need your help.
 
I am on the upside of a loan on my 2002 van. It seems like this happen to me every time I buy a car so I'm thinking about leasing a SUV to avoid owning more than the car is really worth. I love the room in the 7 passenger van but the appearance is boring and that is why I decided on SUV. This will be my first time leasing. I am working on a tight budget as well. After doing a little research I think the 2007 trailblazer LT 4x4 may be a better buy for me as far a price,quality and such goes. Can you give me any pointers on leasing a vehicle vs buying? I have been to few dealers and they tell me that I missed out on GM deals and the trailblazer are not leasing well at this time. I want to be at no more than $375 month payment, on the 1500 m/yr. Can you give me some suggestions in terms of purchase price residual, and money factor to get me around $375 per month. Does it make since to trade my van in and lease a SUV? I owe around 4700 and the dealers have offered me 4000. Your help is appreciated!
#66 of 112
Lease help on TB SS by gtpspeed
Feb 06, 2007 (9:42 pm)
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Looking for 1SS 2wd Trailblazer lease with 15K per year, either 24/27 month whichever is better payment. Also have $1,700 in GM Card earnings that I can redeem. I live in Macomb County, Michigan (Southeastern Michigan). How much more for a 3SS 2wd? Also I am a lessee of a Trailblazer with 2 payments left. MSRP is about $32,900. Looking for the payment as well as the residual and interest rate.
 
Many Thanks.
#67 of 112
2005 Trailblazer Lease by shop4unow
Feb 09, 2007 (6:36 am)
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Hi car man,
I stupidly leased a 2005 loaded Trailblazer LT for 48 mos. My payments are high because I traded in a used mini-van and they tacked that on. On top of that, I only leased with 12k miles per year, then got a job transfer and am now only 8k away from my max miles for the total of the lease. I would like to get out of the lease early, but even the GM dealership that I purchased from will not help me. Is there a dealer out there that will touch this? How about an auction house? Can you help?
#68 of 112
Information regarding a 2007 Trailblazer SS by zims2730
Feb 13, 2007 (2:20 pm)
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Hello Car_man,
What incentives are currently on the 2007 Trailblazer SS, and what are the current residuals and money factors for the "sweetspot"... 36 month, 15k miles per year, around these??
-Thanks
#69 of 112
Re: Lease or Buy a 2007 Trailblazer [maya29] by Car_man HOST
Feb 26, 2007 (3:38 am)
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Replying to: maya29 (Feb 06, 2007 6:30 pm)

Greetings maya29. 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.
 
GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Chevrolet Trailblazer with 15,000 miles per year are 5.9% and 55%, respectively. Negotiate the lowest selling price that you can on the truck that you want and then have the dealer that you are working with calculate its monthly payment using this lease program. If you let me know what state you are in, I can tell you if GM is providing any cash incentives on leases of this truck in your area right now.
 
If you are upside down on a vehicle that is only worth around $4,000, you may want to consider trying to sell it privately rather than trading it in. Consumers who sell their vehicles on their own are usually able to get a little more money for them than consumers who trade them in. Of course, there is some hassle associated with selling vehicles on your own. If you don't want to deal with it, you can trade your current vehicle in and either pay the money that you are upside down on it out of your own pocket or roll it into your lease.
 
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#70 of 112
Re: Lease help on TB SS [gtpspeed] by Car_man HOST
Feb 26, 2007 (3:42 am)
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Replying to: gtpspeed (Feb 06, 2007 9:42 pm)

Hello gtpspeed. Your lease payment on the truck that you are interested in will depend upon what sort of selling price you are able to negotiate on it. If you provide me with its approximate selling price, I can crunch some numbers and come up with an approximate lease payment on it for you. You may be able to get an idea of how much you will have to pay for the Trailblazer that you want right now by visiting the following discussion: "Chevy Trailblazer/GMC Envoy/Olds Bravada: Prices Paid & Buying Experience". For now I can tell you that GMAC's current base lease rate and residual value for a 27 month lease of a 2007 Chevrolet Trailblazer with 15,000 miles per year are 5.9% and 63%, respectively.
 
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#71 of 112
Re: 2005 Trailblazer Lease [shop4unow] by Car_man HOST
Feb 26, 2007 (3:45 am)
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Replying to: shop4unow (Feb 09, 2007 6:36 am)

I am sorry to hear about your situation, shop4unow. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Some of our most knowledgeable community members frequent that discussion and they are often kind enough to give others their opinion on vehicles' values. Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
 
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#72 of 112
Re: Information regarding a 2007 Trailblazer SS [zims2730] by Car_man HOST
Feb 26, 2007 (3:48 am)
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Replying to: zims2730 (Feb 13, 2007 2:20 pm)

Hi zims2730. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Chevrolet Trailblazer with 15,000 miles peer year are 5.9% and 55%, respectively. You will probably get a slightly lower lease payment if you go with a 39 month lease instead of a 36 month lease. This truck's 39 month lease rate is the same, but its residual value is 1% lower. I would be happy to tell you if GM is providing any cash incentives on this truck in your area right now if you let me know what state you are in.
 
Car_man
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