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GMC Acadia Lease Questions

232 messages,  Last post on Nov 11, 2009 at 7:45 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? GMC Acadia, Car Leasing, Car Buying, SUV


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#11 of 232
Re: Ripoff!!! [vinnyny] by galvang
Feb 17, 2007 (9:33 am)
Reply

Replying to: vinnyny (Feb 10, 2007 9:21 am)

History suggests otherwise. Acura is a much higher end brand name than GMC. Acura is either # 2 or 3 in the world for quality. My evidence is based on history and resudual values of the MDX. I also owned a MDX and right now own a Honda and the quality of vehicles are impecable. Those were 1st year vehicles!!In reality you can't really compare MDX and Acadia as they are both in a different class. I complement GMC for a nice vehicle, though. My beef is with the lease!!
 
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".
#12 of 232
Re: Ripoff!!! [galvang] by vinnyny
Feb 18, 2007 (7:36 pm)
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Replying to: galvang (Feb 17, 2007 9:33 am)

I'm with you on that lease deal. GM really doesn't do much to encourage leasing and the dealers certainly don't help. Part of the problem is that GMC is not used to having a "hot" vehicle and I guess they don't know how to act. That said, I visited my local Acura dealer to look at the MDX for my wife. You would have thought they were selling Play Station 3's the week before Christmas. They actually had "market adjustments", window etchings, pin stripes, and paint protection" on the tag. I laughed and told him to call me when reality sets in around Easter. It was the same way with the last MDX and Honda Odyssey.
#13 of 232
Re: Ripoff!!! [vinnyny] by galvang
Feb 19, 2007 (8:42 pm)
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Replying to: vinnyny (Feb 18, 2007 7:36 pm)

Agreed, Leases are not good for GMC for the reason that their values do not hold up well. They are getting better though. Part of what you pay for the lease is the depreciation and GMC is just not there yet. 100K warranty helps, though.
 
Some dealers are just down right scoundrels. Pick and choose a good reputable dealer. The ones that charges for ridiculous extras I avoid.
#14 of 232
Good lease? by wristshot19
Feb 20, 2007 (9:03 pm)
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Car_Man,
Can you tell me what the current money factor and residual % is on a 36 month lease at 12,000 mi/yr for an Acadia? I was quoted a lease and I want to see if the numbers are correct. Here is what I got:
 
MSRP: $34,449.00
GM Employee Price: $31,361.33
Money at Signing: $753.41
Payment According to Dealer: $502.26/mo
 
Does that sound about right?
#15 of 232
Lease numbers by fulano82
Feb 23, 2007 (4:12 am)
Reply
Does anyone know the current lease deals on the Acadia and outlook? Last time I went to the dealers they had some crazy numbers .
#16 of 232
Re: Lease numbers [fulano82] by wristshot19
Feb 23, 2007 (9:07 am)
Reply

Replying to: fulano82 (Feb 23, 2007 4:12 am)

I believe their is $500 support on an Acadia lease.
  
According to my GMC dealer here their numbers on the Acadia are:
57% residual on a 36 month lease at 12,000 miles per year.
The interest percent is 8.05% (Money Factor~.00335).
 
The Outlook may be different as Saturn's lease offer this month for a 36 month lease on a FWD Outlook XR states "MSRP of $30,290.00, a capitalized cost of $29,307.00 and a residual value of $18,477.00".
 
$18,447/$30,290 ~ %60.9 which they will say is 61%.
I don't know the lease rate/money factor on the Outlook.
#17 of 232
lease rates by jsantangelo
Feb 24, 2007 (6:59 pm)
Reply
on the acadia,36 month on 12k miles is 61% AND mf OF 7.2
 
Your deale ris about 1 month behind.
#18 of 232
Re: lease rates [jsantangelo] by galvang
Feb 24, 2007 (11:06 pm)
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Replying to: jsantangelo (Feb 24, 2007 6:59 pm)

There you go, if these are real now they are getting better. Residual 61% after 3years & 12k/yr is good. The MF is little high. However, the total lease deal is what counts.
#19 of 232
Re: lease rates [galvang] by wristshot19
Feb 26, 2007 (10:02 am)
Reply

Replying to: galvang (Feb 24, 2007 11:06 pm)

I guess my dealer was wrong here in Tampa. The Acadia lease actually has a promotional residual of 63% for 3 years and 36,000 mi lease. He adjusted the quote on the Acadia to be $455.35 with $1203.21 due at signing.
 
Still not where I would like to see it as the MF could be better.
#20 of 232
Re: Just leased 2/26 by hollywood3
Feb 27, 2007 (5:15 pm)
Reply

Replying to: wristshot19 (Feb 26, 2007 10:02 am)

Just leased GMC Acadia SLT-2 w/ Navigation (Michigan)
 
SmartLease Agreement
36 Month Lease (12,000 mile)
Capitalized Cost 39,206.86 (MSRP 42,500)
Adjusted Cap. - lease loyalty/Pres. Day $ = 37,206.86
Residual Value 26,992.35
Rent Charge 7288.70
   
Monthly Payment 515.37 (including tax)
 
GMS Pricing (President Day cash)
 
Is this OK, did I get screwed?

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