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Prices Paid: Buying & Leasing Experiences GMC Acadia Lease Questions
231 messages, Last post on Nov 07, 2009 at 10:43 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I just left the dealer where I got the price( $39,500), residual (60%) and lease rate (6.25) all with no haggling (SLT2/AWD & a few options) bringing the MSRP to $41,185. I used the Edmunds calculator and the manual system (like antney79 above) and figured the 36mo/45k lease to be ~$627.00. So why do they whip out their calculation and it says $680.00? What is the dealer or GM doing to inflate the figure by $50 a month or $1800 for the lease term? Any help would be appreciated. |
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Replying to: ralora (Jun 05, 2008 6:04 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi Car_man, I just left the dealership and was offered the following lease options on a 2008 GMC Acadia. Can you (or anyone else) tell me if this is a good deal? I pulled this info off the invoice that the salesman gave me. FWD SLT-1 Summit White ACX Hit the road package E61 Power liftgate FE9 50-state emissions LY7 3.6L VVT Vg Engine MY9 6 speed transmission PDD Conv Package remote start, rear parking assist PDM Cargo shade & Cardo net U42 Entertainment system VK3 front license plate bracket Total Model & options 34,647.88 plus destination charge 1,135.20 plus advertising charges 378.40 for total invoice of $36,161.48. Dealer offered me a purchase price of $34,500 including all incentives, etc. The 36 month 15K lease payment is 461.92, 39 month 15K lease payment is 452.56. This includes $3,500 for my trade in of a 2001 Ford Expedition with 130,000 miles on it. Without the trade in the payments would be 561.59 for 39 months and 578.71 for 36 months. I questioned the dealer about the lease rate factor and didn't get a straight answer. Is this a good deal? A response ASAP would be appreciated! Thanks! Katwhite |
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2008 acadia slt-1 awd dvd power lift gate sunroof moonroof 19 inch tires msrp 42095 paid 39750 including 750 rebate 39 mo lease 12k miles $529 per mo tax in payments drive away: $529 (first mo), $550 refundable sec dep, mv ($350), $650 "delivery"
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Replying to: disney2 (Jul 27, 2008 4:39 pm)  . Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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My dealer just informed me that GMC is no longer offering leases on the 08 Acadias. My research shows that this applies to all GMC dealers and not just my local guy. Car_Man, if I opt to lease through a bank, what should I expect the residual value and money factors to be for a 2008 SLT1 AWD? Thanks for the help.
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Replying to: vmoore (Aug 25, 2008 5:47 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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is there any way i can get out of my lease on an 07 acadia im not happy with the vehicle.can i trade it in at another car company.i leased at kristal automall in brooklyn ny and they said icant get out of the lease that it would ruin my credit.i feel the vehicle is a lemon.they also said that if i turned it in before the lease was up it would be like a voluntary repo but i would still have to pay for the vehicle.please help me with this.thanks 
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Replying to: chaos42 (Feb 07, 2009 11:28 am) In order to get out of your lease early, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive. You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Feb 24, 2009 3:16 am) 
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