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GMC Acadia Lease Questions

206 messages,  Last post on Jun 30, 2008 at 10:40 AM

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

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#73 of 206 Re: Several Lease questions by ody02tjk May 08, 2007 (10:24 pm)
Replying to: Car_man (May 02, 2007 3:58 am) Car Man: I am new to leasing, and therefore have a lot of questions, and you seem to be the guru. 1) Is there a formula for determining lease payments? If so, could you please post? 2) I am looking at a new Buick Enclave, with GMSUPPLIER PRICING of $36860. With no $ down, on a 36 month lease, with 12K miles per year, in MD, with 5% tax rate, what sort of payment am I looking at? 3) What are the GM residuals on the the Enclaves? One dealer told me 63% on a 36 month lease, and 70% on a 24 month lease. 4) Do you know if we can get the $1000 conquest discount with the supplier pricing? Are there any additional discounts (like the extra $500 on the Acadia's) on the Enclaves? 5) what other fees should I expect to see with a lease? 6) Can you please explain lease factors? 7) If you have the cash, does it make sense to prepay a lease with one lump sum, and not have any payment for 3 years? Will you save any $ on the lease factor? Thanks in advance for all your knowledge and assistance. Replies to this message: Car_man (Jun 08, 2007 3:48 am)
#74 of 206 CarMan, May money factors and residuals please by davezz1 May 21, 2007 (8:32 pm)
Hi carman,   Please let me know the lease factors, residuals, money factors, by mileage and term for a 07 GMC Acadia. Im planning on leasing one with the SLT-2 package and would like to understand the pricing so I can make an informed deal.   Also if possible please let me know the rebates available currently. I believe there is a $500 rebate + $1000 conquest cash. Is this accurate ?   Thanks in advance Dave Replies to this message: Car_man (Jun 08, 2007 3:55 am) mscappa (Jun 25, 2007 8:57 pm)
#75 of 206 Acadia Situation by wnydad May 22, 2007 (5:58 pm)
Was told today that the Acadia $1000 Conquest cash (if you don;t currently have a GM vehicle) is good through July. The additional $500 is only for May (for now).   Acadia's seem to be getting into short supply around here (Western New York) and I was told they have stopped building '07s. I have the dealer searching to see if I can find one I can live with.
#76 of 206 Re: Did I get a good deal on my Acadia Lease? [pinkey2] by Car_man HOST Jun 08, 2007 (3:32 am)
Replying to: pinkey2 (May 02, 2007 10:16 am) You're very welcome, pinkey2.   Car_man Host Prices Paid Forum
#77 of 206 Re: Did I get a good deal on my Acadia Lease? [biceman22] by Car_man HOST Jun 08, 2007 (3:34 am)
Replying to: biceman22 (May 02, 2007 1:34 pm) Yes, biceman22, the $1,000 conquest cash that General Motors is providing on the 2007 GMC Acadia is scheduled to run through July 9th. I would be happy to estimate what this truck's lease payment should be for you, but in order for me to do so I need you to provide me with its full MSRP (both the MSRP and selling price are used in the calculation).   Car_man Host Prices Paid Forum
#78 of 206 Re: Several Lease questions [ody02tjk] by Car_man HOST Jun 08, 2007 (3:48 am)
Replying to: ody02tjk (May 08, 2007 10:24 pm) Welcome ody02tjk. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   The fact that you are able to purchase the new Enclave that you are interested in through General Motors' supplier purchase program is a great thing. Doing so will provide you with an attractive selling price without having to haggle. I would be happy to estimate what this truck's lease payment would be for you, but in order for me to do so I need you to provide me with its MSRP, in addition to the selling price that you have already mentioned. Both numbers are used to calculate lease payments.   As far as this truck's lease program goes, GMAC's current base lease rate and residual value for a 24 month lease of a 2007 Buick Enclave with 12,000 miles per year are 7.2% and 68%, respectively. The numbers for an otherwise identical 36 month lease are 7.2% and 63%, respectively.   The $1,000 conquest cash that GM is providing on the Enclave is compatible with leases and purchases through its supplier purchase program. GM is not providing any other cash incentives on this truck right now.   On a GMAC lease, at lease signing you will have to pay your truck's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, GMAC's $595 acquisition fee, and any required state taxes or fees.   If you have any other questions about leasing this truck, please post them over in the "Buick Enclave: Lease Questions" discussion. Thanks.   Car_man Host Prices Paid Forum
#79 of 206 Re: CarMan, May money factors and residuals please [davezz1] by Car_man HOST Jun 08, 2007 (3:55 am)
Replying to: davezz1 (May 21, 2007 8:32 pm) Here's the information that you are looking for, Dave. This truck's lease program varies by term and mileage allowance. You never mentioned what either off these variables are, so for now I am going to assume that you're interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 GMC Acadia with 15,000 miles per year are 7.2% and 60%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.   The $1,000 conquest cash that you mentioned is available on this truck through July 9th, but I believe that the $500 bonus cash that was available on it in May expired.   Car_man Host Prices Paid Forum Replies to this message: mscappa (Jun 25, 2007 8:57 pm)
#80 of 206 Re: Ripoff!!! [galvang] by willhbauto Jun 18, 2007 (12:53 pm)
Replying to: galvang (Feb 10, 2007 7:18 am) that quote you got is rediculous!! I work for a dealer, heres our current residuals:   24 months 67% 30 months 63% 36 months 60% 48 months 52%   as of June 18th   and the money factor (lease rate) from gmac is 7.20   but the MDX lease sounds like just as much of joke if you ask me, $1995 cap cost reduction is the same as money down and then all the fees and tax down too??? thats $4000- $5000 out of pocket here in AZ, here's quote at $500 over invoice I just did for a customer at 36 months   $33000 purchase price $2500 dn at signing, covers security deposit of $575, first payment, upfront charges, and the rest to reduce cap cost 12K per year 36 month   $564/month out-the-doorw with gap insurance Replies to this message: willhbauto (Jun 18, 2007 12:54 pm) heatonrx (Jun 28, 2007 3:50 pm)
#81 of 206 Re: Ripoff!!! [willhbauto] by willhbauto Jun 18, 2007 (12:54 pm)
Replying to: willhbauto (Jun 18, 2007 12:53 pm) and that doesnt include the conquest cash of $1000 if you qualify it should lower the payment a bit more
#82 of 206 Re: CarMan, May money factors and residuals please [Car_man] by mscappa Jun 25, 2007 (8:57 pm)
Replying to: Car_man (Jun 08, 2007 3:55 am) car_man,   looking for residuals and money factors on 36/12 and 36/10 for an '07 acadia slt2. live in northern VA if that helps.   visiting dealer tomorrow, please advise!!

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