- #155 of 232
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Re: Current GMAC Base Lease Rate [richwhite34]
by ilguy
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Jan 27, 2008 (7:07 pm)
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Replying to: richwhite34 (Jan 22, 2008 4:48 pm)
A local dealer in the Chicago area has quoted me a base rate of 6.25% on the Acadia lease. If you have a top tier credit score, drive for a lower rate. It is there.
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- #156 of 232
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Re: Current GMAC Base Lease Rate [ilguy]
by richwhite34
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Jan 29, 2008 (9:17 am)
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Replying to: ilguy (Jan 27, 2008 7:07 pm)
When exactly did you receive that quote?
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- #157 of 232
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Re: Current GMAC Base Lease Rate [richwhite34]
by ilguy
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Feb 21, 2008 (10:43 am)
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Replying to: richwhite34 (Jan 29, 2008 9:17 am)
Sorry for the long delay in answering. I received that number the first week in February. I have since closed a deal. The dealer was in the Southwest Suburbs.
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- #158 of 232
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Re: My deal [baseballmom97]
by Car_man HOST
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Feb 22, 2008 (2:20 am)
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Replying to: baseballmom97 (Jan 18, 2008 10:30 am)
You're very welcome, baseballmom97. The answer to your question is that the average consumer probably does not know what the base lease rate or money factor for the vehicle that they are interested in should be unless they are able to find out in a forum like this one or they are able to narrow it down by comparison shopping with several dealers.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #159 of 232
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Re: Acadia Lease Questions [jacsdad]
by Car_man HOST
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Feb 22, 2008 (2:26 am)
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Replying to: jacsdad (Jan 21, 2008 2:28 pm)
Greetings jacsdad. It's difficult to say why the lease rate that you were quoted on the Acadia that you are interested in is lower than GMAC's base lease rate for it. Perhaps GMAC's lease program is so bad that the dealer is running your lease through an independent bank. If so, you would be able to take advantage of the $500 customer cash that is available on this truck.
Let's calculate a sample lease payment using the numbers that you provided and see what we come up with. According to my calculations, if you were to lease a 2008 GMC Acadia that has an MSRP of $41,410, a selling price of $38,395, a lease rate of 6.5%, and a residual value of 62% for 39 months, your zero down, pre-tax monthly payment should be around $499.70. Once sales tax is added to this, it is probably pretty close to the $517 per month that the dealer quoted you.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #160 of 232
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Re: Just leased 2/26 [hollywood3]
by pstallin
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Mar 11, 2008 (7:49 pm)
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Replying to: hollywood3 (Feb 27, 2007 5:15 pm)
I'm hoping Car_Man or some other smart lease people can give me some lease information for a 2008 GMC Acadia. Here are the details:
2008 Acadia with SLT package FWD. 15000 miles/yr. 36 month lease with 0 down.
I have spoken with a dealer here in the Austin, Tx. area and he has already said he will give me the car for invoice price plus $500 GM rebate and $500 off for trading in my Ford.
What I need to know is the residual for this acadia and the money factor.
Thanks in advance for your help.
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- #161 of 232
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Re: Just leased 2/26 [pstallin]
by shoeymis
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Mar 11, 2008 (8:43 pm)
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Replying to: pstallin (Mar 11, 2008 7:49 pm)
We just leased an AWD SLT 12k/yr 39 mo lease and the residual was 62%. This was on the last day of February.
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- #162 of 232
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Acadia lease
by bancroft162
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Mar 12, 2008 (10:25 am)
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Are there any incentives making it more advantageous to lease in March than wait til April?
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- #163 of 232
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Acadia Lease Questions
by sheepdog1
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Mar 12, 2008 (8:32 pm)
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What are the March lease programs for low mileage for the Acadia in FL?
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- #164 of 232
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Re: Acadia Lease Questions [Car_man]
by yaggie1
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Mar 20, 2008 (9:21 am)
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Replying to: Car_man (Feb 22, 2008 2:26 am)
Hey Carman, I just was reading thru your reply post above. I am looking a bit between all 3 GM crossovers. I was talking to a salesman from the dealer where my last 2 vehicles have come from about a Buick Enclave they had. The sticker on it was like $34,510. Now, I don't know how much GMS price comes into effect but he told me I would be looking at roughly $525/month on like 39 mths/15,000 per year. I didn't get lease rates or residual values from him but he told me today that the Enclave and Acadia residuals are close to the same thing. I guess my question is how are you coming with a payment of $516 on a $38,000+ vehicle when he is telling me $525 on a vehicle that is $4,000 less plus I can get GMS ? Is my sales guy feeding me a line of crap, because I haven't called him out on anything yet...........
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