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Prices Paid: Buying & Leasing Experiences GMC Acadia Lease Questions
206 messages, Last post on Jun 30, 2008 at 10:40 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| I just started this whole lease process, and would love any help in learning how to negotiate. I am looking at 2008 SLT-1 2008 Acadia in Louisiana. It has added DVD System, Convenience Package and Tow Package. I am looking a 36 mo 15,000 mi. per year. They are quoting me 8.99%Rate LEV 22089 with a payment of 628+ taxes. The "final list price is 35520.00 + 397.50 for "Customer Service Package" and various license/Title Fees, etc. I know I can do better, but I want to be armed with facts. Any thoughts........Thank you in advance. | |
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| Wondering if this was a good price. Dallas Texas, 2008 slt2 list price 36,880 purchase price 34,620, smart buy 39 months ~$549 + ttl, thanks for the help | |
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Replying to: sparty411 (Jul 26, 2007 10:42 am) |
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Hi all, my first post on the forum but I've been browsing around edmunds for the last month. I love the good info you can get here. But everything is so new to me and there is so much to learn that I'm not able to put all this info together to make it useful right away. Can you help me? I have this deal in my hands, what do you think about it? 2007 Acadia SLT-2 FWD, 500 miles odometer MSRP: 42470 Invoice: 39940 Selling Price: 38730 Money factor: 0.00309 for 39months/12000mi Residual: 26703 (is it approx 62%???) $4000 out the door $454/mo tax included My worries are: 1) probably doesn't include gap insurance (still waiting for an answer) 2) it has 500 miles on it. 3) isn't the down payment a little high considering it has 500 miles on the odometer? If you dont think it's a good deal, what should my counter offer be? Please carman, I know you are busy but if you have a minute I would appreciate your input too  Thank you
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Hi all: Need a little help on whether this is a decent lease deal. Also, CAR MAN, I'd much appreciate it if you could provide the 10/08 residuals and MF for 39 mth-15K miles. Thanks in advance. 2008 GMC Acadia SLT-2, AWD, Nav, DVD Ent, Trailering, 8-Pass, Pearl White Diamond Tricoat. MSRP - 44,625 Selling Price - 42,500 Conquest - 500 $2500 out of pocket (I'm sure some of this is going to cap cost reduction) $683 per month w/NYS Tax Also, does anyone have any information about the $450 or so package which protects against a 2000 mile overage?
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It sounds as if the lease program for GMC Acadias is not attractive right now. Is it better to purchase an Acadia and finance it or lease it? Anyone have a quick answer? Thanks!
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| Do you know how low GM has gone with it's lease rates in general? I know we won't be seeing any programs on the Lambdas for a few months, at the earliest - just want to know if it is worth waiting a little while before doing a deal. | |
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Replying to: mauxus (Sep 24, 2007 8:29 pm) 1) I believe that all leases through GMAC automatically include gap insurance at no additional charge, but you should check with your salesperson to be certain. 2) The selling price that you were quoted on this truck looks pretty good to me. You are getting a vehicle that does not currently have any cash incentives available on it for less than dealer invoice. This is a reasonable price, even after taking the fact that it has 500 miles on it into account. 3) You really should not make such a large down payment when leasing. I always advise consumers against making big capitalized cost reductions on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you would be better off going with a zero down lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: silver17 (Oct 09, 2007 11:13 am) Let's take a look at the selling price that you were quoted. The Acadia that you are interested in probably has a spread of a little over $3,200 between its full MSRP and its dealer invoice price. That puts the selling price that you were quoted at a little over $1,000 over dealer invoice. That's not bad, but you definitely should stop by the "GMC Acadia Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar trucks lately. If you think that you will drive more than 15,000 miles per year, you should be able to purchase additional miles on a per-mile basis. It is usually less expensive to do so at lease signing than it is to pay an excess mileage penalty at lease-end. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: baseballmom97 (Oct 09, 2007 11:34 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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