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GMC Acadia Lease Questions

234 messages,  Last post on Dec 08, 2009 at 8:55 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#7 of 234
Residual by garyss1
Feb 09, 2007 (8:47 am)
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I heard from a dealer that they just raised the residuals on the Acadias. Does anyone know what the new residual is for the SLT-1 FWD
#8 of 234
Re: Residual [garyss1] by larwil324
Feb 09, 2007 (5:00 pm)
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Replying to: garyss1 (Feb 09, 2007 8:47 am)

What did that Dealer say the residual was raised too?
#9 of 234
Ripoff!!! by galvang
Feb 10, 2007 (6:18 am)
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I don't know how the GMC folks compete. The above lease with Arcadia is a joke. Whats shameful that there's people who will actually pay for that. The residuals should about 56-57% for three years and interest rate/monefactor 4-5 % range. If you can't that, then you being duped.
 
The MDX sounds like good deal and a lot more of a quality vehicle.
#10 of 234
Re: Ripoff!!! [galvang] by vinnyny
Feb 10, 2007 (9:21 am)
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Replying to: galvang (Feb 10, 2007 6:18 am)

"The MDX sounds like good deal and a lot more of a quality vehicle"
 
On what basis are you making such a statement? The MSRP on an MDX is roughly $7k higher (including rebates) and actual transaction costs probably widen that margin. I've seen posts here claiming Acadia purchases at $300 over invoice--find me an Acura dealer who will match that price on an MDX ANYWHERE IN THE US and I'll buy it today.
 
As to "quality", again you're assuming facts not in evidence. Both vehicles are new models. As such, they have no history of quality. Although they may share some parts with old models and their respective manufacturers have differing quality history, that doesn't necessarily translate to the durability of either of these new vehicles. You probably know that the old Acura MDX's recall history isn't spotless--bad transmissions plagued several model years.
 
I happen to be a big fan of the MDX and most recenlty owned a 2005 model. But that doesn't mean I'll blindly assume that the new MDX is of higher quality than the new Acadia--especially relative to purchase price.
 
That said: the lease deal quoted is insane. One could easily buy the car for less than that.
#11 of 234
Re: Ripoff!!! [vinnyny] by galvang
Feb 17, 2007 (9:33 am)
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Replying to: vinnyny (Feb 10, 2007 9:21 am)

History suggests otherwise. Acura is a much higher end brand name than GMC. Acura is either # 2 or 3 in the world for quality. My evidence is based on history and resudual values of the MDX. I also owned a MDX and right now own a Honda and the quality of vehicles are impecable. Those were 1st year vehicles!!In reality you can't really compare MDX and Acadia as they are both in a different class. I complement GMC for a nice vehicle, though. My beef is with the lease!!
 
Honda Finance offers some lease rates that are probably one of the best in the industry. Good residual values, extremely low money factors which means excellent lease rates. Paying the rates offered above is like having the dealer telling the costumer "This is a stick up".
#12 of 234
Re: Ripoff!!! [galvang] by vinnyny
Feb 18, 2007 (7:36 pm)
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Replying to: galvang (Feb 17, 2007 9:33 am)

I'm with you on that lease deal. GM really doesn't do much to encourage leasing and the dealers certainly don't help. Part of the problem is that GMC is not used to having a "hot" vehicle and I guess they don't know how to act. That said, I visited my local Acura dealer to look at the MDX for my wife. You would have thought they were selling Play Station 3's the week before Christmas. They actually had "market adjustments", window etchings, pin stripes, and paint protection" on the tag. I laughed and told him to call me when reality sets in around Easter. It was the same way with the last MDX and Honda Odyssey.
#13 of 234
Re: Ripoff!!! [vinnyny] by galvang
Feb 19, 2007 (8:42 pm)
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Replying to: vinnyny (Feb 18, 2007 7:36 pm)

Agreed, Leases are not good for GMC for the reason that their values do not hold up well. They are getting better though. Part of what you pay for the lease is the depreciation and GMC is just not there yet. 100K warranty helps, though.
 
Some dealers are just down right scoundrels. Pick and choose a good reputable dealer. The ones that charges for ridiculous extras I avoid.
#14 of 234
Good lease? by wristshot19
Feb 20, 2007 (9:03 pm)
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Car_Man,
Can you tell me what the current money factor and residual % is on a 36 month lease at 12,000 mi/yr for an Acadia? I was quoted a lease and I want to see if the numbers are correct. Here is what I got:
 
MSRP: $34,449.00
GM Employee Price: $31,361.33
Money at Signing: $753.41
Payment According to Dealer: $502.26/mo
 
Does that sound about right?
#15 of 234
Lease numbers by fulano82
Feb 23, 2007 (4:12 am)
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Does anyone know the current lease deals on the Acadia and outlook? Last time I went to the dealers they had some crazy numbers .
#16 of 234
Re: Lease numbers [fulano82] by wristshot19
Feb 23, 2007 (9:07 am)
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Replying to: fulano82 (Feb 23, 2007 4:12 am)

I believe their is $500 support on an Acadia lease.
  
According to my GMC dealer here their numbers on the Acadia are:
57% residual on a 36 month lease at 12,000 miles per year.
The interest percent is 8.05% (Money Factor~.00335).
 
The Outlook may be different as Saturn's lease offer this month for a 36 month lease on a FWD Outlook XR states "MSRP of $30,290.00, a capitalized cost of $29,307.00 and a residual value of $18,477.00".
 
$18,447/$30,290 ~ %60.9 which they will say is 61%.
I don't know the lease rate/money factor on the Outlook.

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