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GMC Envoy: Lease Questions

94 messages,  Last post on Jul 18, 2008 at 9:39 AM

You are in the GMC Envoy Forum. Your Hosts are steve_ & tidester

What is this discussion about? GMC Envoy, GMC Envoy XL, GMC Envoy XUV, Car Leasing, SUV


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#75 of 94
Envoy denali lease programs by gbarnes2
Jun 19, 2007 (2:43 pm)
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Dear Car_Man- Can you provide me the latest info on the Envoy Denali lease programs? I'm in San Diego...
  
1) Lease rates & residuals for 12/15K, 24,36,39,48mo.
2) Applicable incentives, rebates, and factory to dealer (unpublished) incentives.
  
Thank you in advance...
  
Greg
#76 of 94
leasing a GMC envoy by jeimyj8171
Jun 28, 2007 (11:04 am)
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HELP CARMAN...I have a 2002 grandjeep cherokee laredo and I want to trade it in to lease a 2007 GMC Envoy. what would be the best way to go about that and approximatley how much the payments be a month???
#77 of 94
Re: Envoy Programs [vgupta_98] by Car_man HOST
Jul 19, 2007 (1:21 am)
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Replying to: vgupta_98 (Jun 14, 2007 12:52 pm)

Here's the information that you're looking for, Vinay. GMAC's current base lease rate and residual value for a 24 month lease of a 2007 GMC Envoy with 15,000 miles per year are 6.65% and 64%, respectively. The numbers for an otherwise identical 36 month lease are 6.65% and 55%. The 48 month numbers are 6.65% and 48%. If you were to lease with only 12,000 miles per year, the 24 month residual value would 1% higher and the 36 / 48 month residuals would be 3% higher. The 10k residual values are 3% and 5% higher than the 15k resids. I am not aware of any cash incentives that are available on leases of this truck in your area right now.
 
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#78 of 94
Re: Envoy denali lease programs [gbarnes2] by Car_man HOST
Jul 19, 2007 (1:21 am)
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Replying to: gbarnes2 (Jun 19, 2007 2:43 pm)

Hi Greg. Please see my previous post for the information that you're looking for.
 
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#79 of 94
Re: leasing a GMC envoy [jeimyj8171] by Car_man HOST
Jul 19, 2007 (1:23 am)
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Replying to: jeimyj8171 (Jun 28, 2007 11:04 am)

Hi jeimyj8171. I would be happy to give you an idea of how much it would cost to lease the Envoy that you are interested in right now. In order for me to do so I need the MSRP and approximate selling price of the exact model that you want. I also need to know how long you are interested in leasing it for and how many miles per year you need to be able to drive it. Let me know and I will crunch some numbers for you.
 
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#80 of 94
2007 Envoy Lease Deal by nigal4u
Jul 26, 2007 (3:47 am)
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Whats wrong with this picture. Wanted to lease a 2007 Envoy, went to the dealer several times. As it turns out we can't agree on a payment.
 
32,400 MSRP
30,566 Neg Purchase Price
$5400 in dealer incentives, lease loyality and rebates.
$1254 GM Card Earnings.
Thats Cap Cost reductions totaling 6654.00.
5.9% money rate
59% residual
$595.00 Acqusision Fee rolled into the lease.
6.5% Ohio Sales Tax Rate
10K 39 month lease
Ohio Cap Tax, first payment, fees (there bloated including a $250 document charge, and a bloated $175 license, registration and misc) due up front.
 
They are quoting 288.00 for this deal. My numbers are showing 261 a month. Where is the problem other than the dealer padding the lease with profit.
 
To add insult to injury, the salesman calls me just yesterday proclaiming the car had been sold. Matter of fact he said, they did not have another 4WD on the lot. Funny thing how in just two days they sold 20 GMC Envoys! With the way the economy is, especially locally here thats overwhelming hard to believe. Funny how the GM Buy power site shows an inventory. And funnier yet, with sells of 20 Envoys in two days, I think calling me would be the last thing on the salesmans mind. GM's Great Summer Sell down turned out to be the Great Summer Screw job!
#81 of 94
Envoy Lease Loyalty by cme2c
Aug 16, 2007 (8:03 pm)
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I have an 04 Envoy XUV lease that is due to end Feb 08. Came across the GMAC lease loyalty site. It lists various Envoys as qualifying for a six month payment rebate. I was thinking of getting a car instead of an SUV, but this bonus almost seems too good to be true if I got another Envoy or Trailblazer. Does anyone out there have any experience with the XUV and these bonuses. The XUV was a rare vehicle, so I wonder if they just left it off.
 
I am about 4,000 over right now and if I kept the vehicle it will end up about 11,000 over with my most recent driving habits. At 20cents per mile that is a decent chunk of change. The residual is around 18000, but current KBB is around 14,500 for trade in, so doesn't make sense to buy at the end. My current payment is 551/month. So six months payments is a huge chunk of change unless I'm missing something. Any advice?
#82 of 94
2007 Envoy lease detaisl by dei8fan
Aug 27, 2007 (3:01 am)
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Does anyone have the current, up-to-date specifics of GMC Envoy leases for August 2007? Is the $4000 incentive really not available on leases? One particular dealer has really given me the runaround, and I'm not sure what to believe.
 
I saw a previous posting with $5400 in incentives, but the dealer is telling me $1850.
 
Lease rates and residuals (if they have changed) would also be welcomed.
 
Thanks.
#83 of 94
Re: 2007 Envoy Lease Deal [nigal4u] by Car_man HOST
Aug 29, 2007 (2:10 am)
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Replying to: nigal4u (Jul 26, 2007 3:47 am)

Hi nigal4u. The selling price that you negotiated on this truck looks reasonable to me. The lease rate and cash incentives look good as well. Let's work up a lease payment and see what we come up with. According to my calculations, if you were to lease a 2007 GMC Envoy that has an MSRP of $32,400 and a capitalized cost of $24,507 through GMAC right now for 39 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $246.
 
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#84 of 94
Re: 2007 Envoy lease detaisl [dei8fan] by Car_man HOST
Aug 29, 2007 (2:14 am)
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Replying to: dei8fan (Aug 27, 2007 3:01 am)

Hi dei8fan. Unfortunately, the $4,000 consumer cash that General Motors is providing on the 2007 GMC Envoy in your area is not available on leases of it through GMAC. This truck's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Envoy with 15,000 miles per year are 5.9% and 55%, respectively.
 
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