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GMC Acadia: Lease Questions

232 messages,  Last post on Nov 11, 2009 at 7:45 PM

You are in the GMC Acadia Forum. Your Hosts are steve_ & tidester

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

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#202 of 232 Re: Acadia's April 08' lease rate & residual [ralora] by Car_man HOST Jun 05, 2008 (2:24 am)
Replying to: ralora (May 17, 2008 6:57 am) Hi ralora. Unless there is some regional variation in GMAC's lease program that I am unaware of, which is unlikely, the dealers that you are working with are taking advantage of the fact that the Acadia is one of the few "hot" vehicles that General Motors has right now and they are attempting to mark your truck's base lease rate up to add additional, hidden, back-end profit to your deal. This sort of thing is perfectly legal and it happens quite often on popular vehicles. If you can't find a single dealer in your area to use the base rate, that's just what the market dictates right now and there probably isn't much that you can do about it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: ralora (Jun 05, 2008 6:04 am) Car_man (Jun 25, 2008 1:49 am)
#203 of 232 Re: Acadia's April 08' lease rate & residual [Car_man] by ralora Jun 05, 2008 (6:04 am)
Replying to: Car_man (Jun 05, 2008 2:24 am) Thanks Car_man for all the info you've provided me. It took me a while to figure out what was going on, but you're right the market I'm at is simply dictating this practice not only on this vehicle but on an all of the other vehicles I've looked at lately. I've changed my mind from a crossover/suv back to a sedan and I'm currently looking at the Infiniti G35 which seems to be a somewhat slower selling vehicle with a very high residual value, thus making it very attractive for lease purposes.   RL Replies to this message: Car_man (Jun 25, 2008 1:49 am)
#204 of 232 My turn in the box... by bobinchitown Jun 10, 2008 (5:18 pm)
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.
#205 of 232 Re: Acadia's April 08' lease rate & residual [ralora] by Car_man HOST Jun 25, 2008 (1:49 am)
Replying to: ralora (Jun 05, 2008 6:04 am) You're very welcome, ralora. You're not alone in your switch from an SUV to a sedan. With gas prices at over four bucks per gallon myself and a million other people are doing the same thing. The G35 Sedan is a nice car. You'll like it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#206 of 232 Is this a fair lease? by katwhite11 Jun 30, 2008 (9:40 am)
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
#207 of 232 my deal by disney2 Jul 27, 2008 (4:39 pm)
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" Replies to this message: Car_man (Aug 06, 2008 3:25 am)
#208 of 232 Re: my deal [disney2] by Car_man HOST Aug 06, 2008 (3:25 am)
Replying to: disney2 (Jul 27, 2008 4:39 pm) Congratulations on getting your new Acadia, disney2. Thanks for taking the time to share the details of your lease with everyone. Don't forget to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with everyone. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#209 of 232 No Leases on GMC Acadias? by vmoore Aug 25, 2008 (5:47 pm)
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. Replies to this message: Car_man (Aug 28, 2008 2:12 am)
#210 of 232 Re: No Leases on GMC Acadias? [vmoore] by Car_man HOST Aug 28, 2008 (2:12 am)
Replying to: vmoore (Aug 25, 2008 5:47 pm) Hi vmoore. What you were told is correct. GMAC was offering a lease program with an unattractive 8.25% interest rate earlier this month, but it pulled the plug on it when it introduced the Employee Pricing promotion. That means if you want to lease an Acadia right now, you will have to do so through an independent bank. The problem is that many major independent banks have exited the leasing business lately. I'm not even sure that you will be able to find one that is willing to lease you an Acadia right now. If there is one, your dealer will probably know about it. Unfortunately, I do not personally keep tabs on non-captive lease programs so I don't know what an independent bank's numbers would look like for this truck.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#211 of 232 i want out by chaos42 Feb 07, 2009 (11:28 am)
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 Replies to this message: Car_man (Feb 24, 2009 3:16 am) chaos42 (Feb 28, 2009 6:37 am) Car_man (Mar 10, 2009 2:35 am)

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