649 messages,
Last post on Jun 18, 2013 at 7:45 AM
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GMC Acadia, Car Leasing, Car Buying, SUV
#591 of 649 Re: Out of warranty on a limb [trickykill]
by laurie9973
Feb 26, 2013 (11:20 am)
Wouldn't it make the payments higher?
#592 of 649 Re: Out of warranty on a limb
by trickykill
Feb 26, 2013 (12:04 pm)
laurie9973, Car man should know if a 36 month lease has the same money factor as a 39. Regardless, it is just bad when a major manufacturer burdens a lessee with potential repair costs on a car that is not their asset. Its a pity because the offers on these cars make for a really shrewd lease at this time. My 2 cents. Good luck!
#593 of 649 Re: Out of warranty on a limb [trickykill]
by kyfdx HOST
Feb 26, 2013 (5:09 pm)
Something you have to live with... if you lease with 15K/yr, you are 9000 miles out of warranty.... the last 7.5 months of a 36 month lease..
I've put up to 54K on a leased car, and have yet to have an out of warranty repair.... some luck involved, I'm sure, but the miles between 36K and 50K are the easy ones....
Now, if you go look at the Acadia repair forums, that might scare you off...
#594 of 649 Re: Out of warranty on a limb [trickykill]
by Car_man HOST
Feb 27, 2013 (2:04 pm)
I've leased a number of vehicles for 39 months, some with protection and some without and I've never had a problem. Perhaps it's because if the vehicle was a real dud the major problems would have happened in the beginning while it was still under warranty, but 39,000 to 48,750 (depending upon whether you do 12K or 15K for the allowance) is not really enough for the vehicle to begin falling apart. You're right, theoretically it is possible for a vehicle to have a problem in that coverage gap that one would have to pay to repair out of their own pocket...I just don't see it happen very often.
I'm a gambler, I'll go the extra three months sans coverage for another $20 per month off on the payment
.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#595 of 649 Re: Out of warranty on a limb [kyfdx]
by Car_man HOST
Feb 27, 2013 (2:05 pm)
HA. I replied before I read your reply, kyfdx...and we said almost the exact same thing. Great minds think alike
.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#596 of 649 Good lease?
by dkm7498
Feb 27, 2013 (2:37 pm)
Hey Car man, what do you think of this deal?
2013 SLT Acadia
MSRP $43,070
Sale price $41,770
Aquisition lease fee $595
Factory rebate $2000
Down payment $1500
Net cap $38,865
39 month lease 12K per year total payment including 9% tax is $465
Total due at signing $2174 ($1500 down payment, 1st payment $465, Doc fees, title, ect $209)
Is this a fair deal?
#597 of 649 Re: Good lease? [dkm7498]
by paperboyccc
Feb 27, 2013 (7:35 pm)
Car man never advocates a cash down payment on a lease. Your monthly payment would go up to about $509/mo. Edmunds.com True Market Value says you should be able to get $2,117 off MSRP on this vehicle and this dealer is only offering $1,300 off. If you can get this additional discount you should be able to get the payment down to $485/mo with no down payment. (Just first month's and title).
If you are interested in a vehicle like the Ford Explorer they have much better offers this month.
#598 of 649 Acadia lease
by choerig
Feb 28, 2013 (7:39 pm)
Hello, was wondering if anyone could answer some questions on a lease for 2013 Acadia. Right now my current quote from my local dealer in San Antonio, Texas is
3,000 (ttl) upfront
525 security deposit
1st months payment due
Then a monthly payment of $462
This seems like a lot upfront to my husband
Also another question, we leased a trailblazer in 2006 and turned in 2009. Our new lease was declined til we submit a balance that was owed from that lease to gmac of $1000.00. They said once its pd they will approve new lease. Is that a tactic to get the balance due or would that really happen?
#599 of 649 Re: Acadia lease [choerig]
by 62vette
Mar 01, 2013 (8:00 am)
I leased a 2013 2 weeks ago, total down was 2500, monthly payment 343, 12k miles a year. If you are looking at the base model that seems way to high. Really depends on the option you are including.
#600 of 649 Re: Good lease? [dkm7498]
by Car_man HOST
Mar 05, 2013 (5:18 pm)
Hi dkm7498. The selling price that you were quoted isn't bad...probably less than $1,000 over invoice. It's great that the dealer is subtracting the cash incentives from that, though GM just introduced another $500 to $1,000 op top of the two grand that you mentioned in March (it varies by region).
As peperboy helpfully mentioned, I definitely always advise consumers against making capitalized cost reductions on leased vehicles. You'd be better off doing with a zero down lease, just making the first payment at signing and rolling all of the fees into the cap cost.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum