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GMC Acadia Lease Questions

231 messages,  Last post on Nov 07, 2009 at 10:43 AM

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

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#176 of 231 Re: Acadia Lease Questions [sheepdog1] by Car_man HOST Apr 10, 2008 (1:57 am)
Replying to: sheepdog1 (Mar 12, 2008 8:32 pm) Greetings sheepdog1. GMAC's current lease program for this truck varies by term. For now I will assume that you are interested in a 36 month lease. Let me know if you want something different. Its current base lease rate and residual value for a 36 month lease of a 2008 GMC Acadia with 12,000 miles per year are 6.25% and 63%, respectively. If by low mileage, you meant 10,000 miles per year this truck's residual value would be 2% higher.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#177 of 231 Re: Can someone review this deal for me? [bancroft162] by Car_man HOST Apr 10, 2008 (2:16 am)
Replying to: bancroft162 (Mar 29, 2008 1:23 pm) Hi bancroft162. The selling price that you were quoted on the Acadia that you are interested in is excellent, especially for an ordered vehicle. Dealers are usually much more anxious to sell vehicles that they already physically have in inventory than they are to place an order for one. The residual value that you were quoted is right in line with GMAC's current resid for this truck. Just make sure that the dealer uses GMAC's current base lease rate of 6.25% to calculate your monthly payment and you're in business. Ask the dealer what rate they are using, they should tell you.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#178 of 231 Re: What is GMS? [bancroft162] by Car_man HOST Apr 10, 2008 (2:19 am)
Replying to: bancroft162 (Mar 29, 2008 1:25 pm) Hi bancroft162. GMS pricing is available to consumers who purchase vehicles through General Motors' supplier purchase program. GM employees are usually given coupons that they can use to extend the special low prices that are available through this program to anyone.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#179 of 231 Re: did I get a good deal? [spalme2733] by Car_man HOST Apr 10, 2008 (2:21 am)
Replying to: spalme2733 (Mar 30, 2008 4:33 pm) Hi spalme2733. You mentioned a lot of numbers in your post, but I can't tell what this truck's selling price is. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I am sure that someone here will be happy to give you their opinion of this deal if you let us know what the selling price is.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#180 of 231 Re: What can I get [antney79] by Car_man HOST Apr 10, 2008 (2:39 am)
Replying to: antney79 (Apr 02, 2008 10:15 am) Hi Anthony. I see that you are considering making a $3,000 down payment on your lease. I always advise consumers not to make large down payments on leased vehicles. Lessees who make them risk losing part or all of them if their vehicle is involved in an accident or stolen and never recovered. Even though it means that your monthly payment will be higher, you will be better off going with a zero down lease.   Let's take a look at the selling price that you were quoted. The 2008 Acadia SLT 2WD that you are interested in probably has a spread of around $2,900 or so between its full MSRP and its dealer invoice price. the $2,500 discount that you were quoted on this truck looks very attractive to me.   Let's calculate a zero down lease payment on this truck 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 $42,000 and a selling price of $39,500 through GMAC right now for 48 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $651.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#181 of 231 Re: Just leased 2/26 [Car_man] by ralora Apr 10, 2008 (7:19 am)
Replying to: Car_man (Apr 10, 2008 1:54 am) Car-man,   Where can I find the GMAC published lease rates? I was just told by the dealer that it is 8.5% instead of 6.25%. Also, is a dealer fee of $589 about right?   Thanks ahead, Raul Replies to this message: Car_man (Apr 11, 2008 2:12 am) msteller (May 02, 2008 4:09 pm)
#182 of 231 Is this a good deal? by mig42 Apr 10, 2008 (8:18 am)
2008 Acadia SLE with a few extras(see below)   I've yet to get the invoice from the dealership but here's what I have so far..   MSRP $33,850.00 Selling Price $32,005.63 (this is what they emailed me, I haven't negotiated further yet until I see the invoice price)   With $0 down, 36 month lease/12000 miles   Fees due at lease signing are... 1st months payment, $362 MV fee, $299 Doc fee, $7.50 tire tax, and $450 refundable security deposit.   $435 monthly payment incl NJ sales tax   here's the vehicle spec...          PEG: 3SA - SLE-1 Pkg  Primary Color: 80U - Red Jewel Tintcoat  Trim: 19C - Ebony Cloth  Engine: LY7 - Engine, 6 Cyl. 3.6L  Transmission: MY9 - Transmission, Auto. 6-Spd (FWD)        Options: ABB : Seating, 7-Pass. 2,2,3 PZ3 : Wheel, 18" X 7.5" Aluminum Painted    AP3 : Remote Keyless Entry With Remote Start QLW : Tires, P255/65R18 BW-ALS    AQ4 : Seat, 2nd Row Captains Chairs U2K : XM-Radio Digital Audio System-S-Band    AR9 : Seats, Frt. Bucket, Deluxe U42 : DVD Entertainment Pkg. Rear Seat    ARN : Seat, Rear, 3rd Row, 60/40 Bench, Manual UD7 : Ultrasonic Rear Park Assist    AY0 : Restraint System, Inf. Driver & Pass & Head Curtain UE1 : OnStar    CJ2 : HVAC System, Frt. Tri-Zone UH8 : Cluster Inst.-Cool Temp, Trip OD, Tach    E69 : Liftgate, Rear Manual UK6 : Rear Seat Audio Controls & Headphone Jacks    FE2 : Suspension System, Ride & Handling UQS : Audio Pkg, Advanced Bose 10-Speaker w/ Surround Sound    NC7 : Emissions Override, Federal UVA : Radio, DVD, CD, AM/FM Stereo, MP3, RDS    NE1 : Northeast Emissions (CT/MA/ME/NY/PA/RI/VT) VK3 : License Plate Frt, Mounting Pkg.    NK5 : Steering Wheel, Std. Z88 : Market Brand-GMC    PDD : Convenience Pkg   So what do you guys think? how much below the offered selling price should I negotiate? Replies to this message: mig42 (Apr 10, 2008 10:01 am) cvlav (Apr 12, 2008 6:52 am) cvlav (Apr 24, 2008 11:43 am)
#183 of 231 Re: Is this a good deal? [mig42] by mig42 Apr 10, 2008 (10:01 am)
Replying to: mig42 (Apr 10, 2008 8:18 am) forgot to add   Money Factor is .00260 Residual is 62%   and I've just been told the invoice is $31, 751
#184 of 231 Re: What where u quoted in NJ? & a few extra Qs on Acadia! [mig42] by Car_man HOST Apr 11, 2008 (1:26 am)
Replying to: mig42 (Apr 03, 2008 4:05 am) Hi mig42. I would be happy to give you an idea of what this vehicle's current lease program is like. GMAC's current base lease rate and residual value for a 36 month lease of a GMC Acadia with 12,000 miles per year are 6.25% and 63%, respectively. Residual values are always based upon a percentage of vehicles' full MSRPs, including the destination charge and the MSRPs of any factory-installed options.   You will have better luck getting information on what this truck's CD player, leather, etc. are like by hopping on over to the "2008 GMC Acadia".   On an unrelated note, I saw one on the road yesterday and it looked really nice.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#185 of 231 Re: Latest offer, fair? [antney79] by Car_man HOST Apr 11, 2008 (1:35 am)
Replying to: antney79 (Apr 03, 2008 11:35 am) Hey antney79. The lease rate and residual value that you were quoted are right in line with GMAC's current program for this model. That is a good thing. Now let's take a look at its selling price. The truck that you are interested in probably has a spread of around $3,000 between its full MSRP and its dealer invoice price. This is almost the exact discount that you are being given, which means that this is a good selling price. If you currently own or are leasing a GM vehicle, you are eligible for a special $500 owner loyalty cash incentive. Make sure to take that into account if you are eligible for it.   Despite the fact that all of the negotiable aspects of this deal look great, the monthly payment looks too high. I just used the numbers that you mentioned in your post and I came up with a zero down, pre-tax monthly payment of around $527. You definitely need to get together with the dealer to see why the payment that they quoted you is so much higher.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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