You are here:
Forums
Prices Paid: Buying & Leasing Experiences
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
|
Replying to: Car_man (Apr 10, 2008 1:54 am) 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
|
|
|
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?
|
|
|
Replying to: mig42 (Apr 10, 2008 8:18 am) Money Factor is .00260 Residual is 62% and I've just been told the invoice is $31, 751 |
|
|
Replying to: mig42 (Apr 03, 2008 4:05 am) 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 |
|
|
Replying to: antney79 (Apr 03, 2008 11:35 am) 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 |
|
|
Replying to: bkg223 (Apr 04, 2008 12:40 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: ralora (Apr 06, 2008 9:48 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
|
Replying to: ralora (Apr 10, 2008 7:19 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
|
I have just started shopping for a lease on a 2008 Acadia SLE Here are the details: MSRP: $33,580.00 Invoice $31,988.58 (which includes a charge for "Advert/Adjustments of 656.90/is this waivable or is it imposed/mandated by GMAC) Vehicle Price: $32,200 Rebates serving as s cash down $1,500 Net cost of Vehicle les rebates: $30,700 Rate: 6.25% Residual Factor: 62 Net Residual Value 20,819.60 Security deposit: $475 (is this discretionary with dealer or mandated by GMAC) Administration Fee: $695 (is this discretionary with dealer or mandated by GMAC) 0 down with all fees and sales taxes rolled into monthly payment MOnthly Payments - $455.69 Extra Options for this 2008 Acadia SLE: PCM- Preferred Package PDD - COnvenience Package XA7- Windshield Washer Fluid System , heated In addition to answering the questions as to the waivablity by dealer of Admin fee, security deposit and Advert/adjust fee, is this a good deal? |
|
|
Car Man, you replied to my post previous. Can you verify the below information is the correct way of coming up with a lease payment? If it is, how do I convey that to the dealership that this is where the price needs to be? 2008 Acadia- SLT2 FWD (Nav, Rear DVD, Sun Roof, HID and HUD) 1. Sticker Price of the car + options $42,765.00 2. Times the residual value percentage X .52% 3. Equals the residual value = $22,237.80 4. Invoice price of car minus incentives (net capitalized cost) $39,756.00 5. Minus the residual (From line 3) - $22,237.80 6. Equals the depreciation over 36 months = $ 17,518.20 7. Depreciation (Line 6) divided by term in months ÷ 48 8. Equals the monthly depreciation payment = $ 364.97 9. Net capitalized cost (From line 4) $39,756.00 10. Plus the residual (From line 3) + $22,237.80 11. Equals = $61,993.80 12. Times the money factor X .0026041 13. Equals money factor payment portion = $ 161.44 14. Monthly depreciation payment (from line 8) $ 364.97 15. Plus money factor payment portion (from line 12) + $ 161.44 16. Equals bottom-line monthly lease payment = $ 526.41 Dupage (7.25%) Sales tax added- 526.41*.0725=38.17 Total payment with taxes is= $564.58
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences
GMC Acadia Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 GMC Acadia



Browse by Board
Browse by Topic
Today's Chats