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Prices Paid: Buying & Leasing Experiences
GMC Acadia Lease Questions
210 messages, Last post on Aug 28, 2008 at 3:12 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Been lurking (and learning) on the board for a few weeks and thought i would share quotes that i've been getting from dealers: In Central/Northern NJ dealers are quoting the following: Rates -36 month, 15k miles/yr....60% residual and 7.2% rate -48 month, 15k miles/yr....52% residual and 7.2% rate Fees: -Bank Acquisition: $695 -Tags and Title: $400 -Documentation: $299 -Tire (NJ specific): 1.50 /tire X 5 tires = $7.50 -Gap Insurance: assuming is tucked away in one of the fees above, since wasn't quoted directly...will need to confirm Taxes: -7%: NJ charges as percent of all monthly pymnts upfront at closing Would be interesting to know what others have been quoted or have paid.... |
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Replying to: garyss1 (Feb 27, 2007 9:08 pm) |
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NJ Dealer has included a $550 refundable in my lease.....when questioned he said the following: -is required per GMAC -no interest is paid on balance...represents $183 of lost interest income at 7.2% over 48 month lease -can get rid of it in one of two ways: 1. increase base lease rate by 0.5% (7.7% instead of 7.2%) or 2. buy lease insurance from them (covers $1,500 of stuff like excessive wear and tear when returned) Anyone else have similar experience? |
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I located a loaded SLT2 AWD in dealer inventory (Norther NJ)in www.gmsupplierdiscount.com. I have a supplier discount. The MSRP comes to $44,965.00. The supplier Price right under it is $42,047.03. When you click on the Window Sticker, a lower supplier price $40,092.90 shows up. At what price can I get the car? One dealer tells me that I have to pay the 42K number because it includes advertising fees, etc for the dealership. Is this true? |
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I was just quoted an SLT2 AWD for $39,166. MSRP is $43,620. Manager says he'll lease it for about $550 with a down of $4K. 36-month lease. NJ state tax is 7%. Is this a good deal? What is the residual and money factor appled here? Unfortunately, the manager was not giving all the numbers during my visit. Can anyone back out these important numbers? Thanks.
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Replying to: Car_man (Feb 28, 2007 4:31 am) Have the lease rates changed with GMAC?? I was discussing a deal on an Acadia with a dealer yesterday and he was quoting me 8.2%. Do I need to just let him know that I'm aware the current rate is 7.2% and call him on that?? Not sure the best way to handle that. Thanks!
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I got quoated yesterday on a SLT-1 with no extra options. The quoate was 36 months 12,000 miles per year at $463 a month with $3000 out of pocket. Is this a good deal? I feel I can do better. Please help!!
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Replying to: Car_man (Feb 28, 2007 4:14 am)
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I went to a dealership in the Chicago area today and this is the deal I was offered. Sticker price $43890. After the manager insisted he couldn't do anything but $500 over invoice despite the deal he was running in the newspaper, when we were walking out the door he offered us $500 below invoice. Still with an agreed upon price of $39994, 36 month lease, 12k miles, he calculated the payments to be $735 per month with nothing down and around $693 with 2K down. These didn't match any of my calculations, but the salesman wouldn't tell me what Residual value or money factor he was using. I left. That feels like robbery to me. Am I right or should I start shopping for a cheaper truck? |
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