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GMC Yukon: Lease Questions

169 messages,  Last post on Apr 23, 2009 at 1:56 AM

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

What is this discussion about? GMC Yukon, GMC Yukon Denali, Car Leasing, SUV

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#167 of 169 Re: lease questions [ransom777] by Car_man HOST Dec 19, 2008 (4:01 am)
Replying to: ransom777 (Dec 09, 2008 12:20 pm) Hi ransom777. General Motors' current financial problems have forced it to pull the plug on its special lease program. If you really want to lease a GMC Yukon right now, you will have to do so through an independent bank...if you can find one that is willing to lease you this truck.   Chances are, you will be better off paying cash for or financing the Yukon that you want through an independent bank (GM pulled the plug on its special financing program as well).   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#168 of 169 Re: 2009 Denali Leases [Car_man] by dfarber Apr 12, 2009 (4:42 pm)
Replying to: Car_man (Dec 02, 2008 2:43 am) hello carman- i am contemplating taking over someone's GMC Yukon Denali lease on the 'leasetrader.com' website. the lease comes due in around a year and i would like to be able to extend the lease 3-6 months longer. do you know what GMC's policy is on extending leases? I know they are not leasing new cars anymore and am assuming they would be happy for me to keep paying my monthly payment rather than having the car returned, sitting on the lot depreciating in value each month.   pls let me know what you may know here- thanks   Dave NY Replies to this message: Car_man (Apr 23, 2009 1:56 am)
#169 of 169 Re: 2009 Denali Leases [dfarber] by Car_man HOST Apr 23, 2009 (1:56 am)
Replying to: dfarber (Apr 12, 2009 4:42 pm) Hi Dave. In the past I am sure that GMAC would have been happy to allow you to extend your lease. I have extended a lease through them before. Today is a completely different story though. I'm not sure what GMAC's stance would be on extensions now that it is no longer leasing vehicles.   Logically, one would think that they would welcome an extension because it would delay the pain of them getting back a truck that they likely significantly overestimated the residual value for. However, logic often does not prevail in situations where a company is experiencing severe financial problems. You can always give them a call and see what they say before pulling the trigger on the lease assumption. If you do, I'd really appreciate it if you stop back and let us know what they say. I'm curious.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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