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Prices Paid: Buying & Leasing Experiences GMC Acadia Lease Questions
232 messages, Last post on Nov 11, 2009 at 7:45 PM
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How much should I be paying for an Acadia SLT-1 with the enhanced convience package on a 36 or 39 month lease, nothing down.
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I got the following lease quote for an Acadia SLT w/ Nav, DVD Pkg, 19" wheel, HUD and trailer pkg; Term: 36 months, 15K mi/yr Price: $40,844($500 over invoice) Residual: $23,201 GMAC Rate: 8.05% Drive-off Due: $1,454 Monthly Lease Payment: 785(including insurance) Is this a good deal? Pls advise. Thank You |
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Replying to: kegels (Feb 07, 2007 11:53 am)
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Replying to: tyger1906 (Feb 08, 2007 8:45 am)
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Replying to: garyss1 (Feb 08, 2007 8:53 am) I am looking at an 07 MDX (Base Model) on a 42 month lease w 12k miles per year and $1995 CapCostReduction. The price is $449/month. Security payment, destination fee, tax all due at signing. Is this a good deal? What could I expect to get off on this deal?" anything I should know about extra fees? Thx, Dave |
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I heard from a dealer that they just raised the residuals on the Acadias. Does anyone know what the new residual is for the SLT-1 FWD
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Replying to: garyss1 (Feb 09, 2007 8:47 am) |
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I don't know how the GMC folks compete. The above lease with Arcadia is a joke. Whats shameful that there's people who will actually pay for that. The residuals should about 56-57% for three years and interest rate/monefactor 4-5 % range. If you can't that, then you being duped. The MDX sounds like good deal and a lot more of a quality vehicle. |
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Replying to: galvang (Feb 10, 2007 6:18 am) On what basis are you making such a statement? The MSRP on an MDX is roughly $7k higher (including rebates) and actual transaction costs probably widen that margin. I've seen posts here claiming Acadia purchases at $300 over invoice--find me an Acura dealer who will match that price on an MDX ANYWHERE IN THE US and I'll buy it today. As to "quality", again you're assuming facts not in evidence. Both vehicles are new models. As such, they have no history of quality. Although they may share some parts with old models and their respective manufacturers have differing quality history, that doesn't necessarily translate to the durability of either of these new vehicles. You probably know that the old Acura MDX's recall history isn't spotless--bad transmissions plagued several model years. I happen to be a big fan of the MDX and most recenlty owned a 2005 model. But that doesn't mean I'll blindly assume that the new MDX is of higher quality than the new Acadia--especially relative to purchase price. That said: the lease deal quoted is insane. One could easily buy the car for less than that.
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Replying to: vinnyny (Feb 10, 2007 9:21 am) Honda Finance offers some lease rates that are probably one of the best in the industry. Good residual values, extremely low money factors which means excellent lease rates. Paying the rates offered above is like having the dealer telling the costumer "This is a stick up".
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