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Prices Paid: Buying & Leasing Experiences Buick Enclave Prices Paid and Buying Experience
399 messages, Last post on Oct 24, 2009 at 11:50 AM
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I currently drive a 2005 F150 Supercrew 4wd. It's killing me on gas but it will seat 6 people which is nice since I have 4 children. I have test drove quite a few crossovers and keep coming back to the Enclaves. I spoke with a dealership about 3 hours from me and here is their offer. Lease: 36 month lease based upon a GMS purchase price of $31,078. I am allowed 25,000 miles a year with a residiual of $17,547 and a money factor of 8.2. They are allowing me $19,000 on my F150 which I owe $23,879 on. This brings my monthly lease payment to $705 or $608 if I go with $12,000 miles. I have never leased before so am unfamiliar with what constitutes a good deal. Any advice is greatly appreciated! Bob |
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Replying to: griz7674 (Jun 20, 2007 12:03 pm) You then mention 12,000 miles a year, so if I adjust the calculations to about half that mileage, you would only save $100 or so a month in gas. If you are only going to be saving $100/month is gas, does it really make sense to trade? One kicker of course is that you will have to roll $4,879 of negative equity into a 36 month lease or about $130 to $140 a month right there. So, will you be any better off doing that vs keeping the F150 for a couple of years until it is paid off or you are at least even and not upside down? Beware leasing for low mile allowance then having a large mileage penalty at the end. Wondering about that since you quoted both 25K & 12K miles. I can't comment on the lease deal you were offered...I have not leased and have not sat down and gone through the process to see how it works. Sorry on that point. Just one thought, some folks like the Ford Freestyle...I have seen them advertised for the low $20K range lately, some have said $25K for a loaded Limited. 7 passenger as well, maybe not on the level of the Enclave but if your decision is really economic, it might be worth a look. Good day, Bill |
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Replying to: griz7674 (Jun 20, 2007 12:03 pm)  $371/ month, and the lease expires in January of 2008. The best "deal" so far is for a CXL with the Luxury & Driver Confidence Packages, no down payment, $521/month. What I want has to be special ordered, so it would be about September 1st for delivery. GM willl probably have a 2 month buy-back, and the dealer will pick up 1 months' payment for me. After contacting about 15 dealers, this is the best so far. Hope this helps. Good luck.
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Can anyone comment on Advertising Fees. I saw a dealer invoice for an 08 Enclave CXL AWS in the Pittburgh, PA area, and there were two additional items on the invoice that was not expecting. - $450 for LAM Dealer Contribution - $225 for LAM Group Contribution - so a total of $675 Are these Advertising Fees? Should I expect to include this amount in any calculations for dealer invoice price? In other words, if Edmunds invoice price is $41668. Do I need to add an additional $675 to that figure when trying to calculate an offer price of invoice + $some number. Thanks in advance. |
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Replying to: jpiatchek (Jun 16, 2007 7:13 pm) 
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Replying to: bernh (Jul 02, 2007 7:40 pm)  I can do better than that! I did a factory order and I am slightly below edmunds tmv. p.s. There also was no trade involved on my deal. |
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Replying to: budi (Jul 03, 2007 6:26 am) 
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Replying to: bernh (Jul 03, 2007 10:27 am)
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Replying to: kcorey (Jul 03, 2007 11:29 am) |
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I just got my Enclave. CXL, AWD, Cocoa Metallic, Luxury Package, Drivers Convenience Package, Entertainment Package #4, Trailering Package, and Dual Moonroof. I agreed to $200 over invoice, minus $1000 Conquest Cash Rebate, equals $800 under dealer invoice. I got a SmartLease from GMAC, 39-month lease, with 59% residual. It was a dealer demo, with 800 miles on it. I wished I could have got one with zero miles on it, but there were absoletely no Enclaves in inventory in the Greater Pittsburgh, PA area, that had the Trailering package. I found a few similarly configured ones without the Trailering package, but I wanted the hitch. I could have ordered, but the Conquest rebate was ending, so I took the deal. Dealer was nice (Budd Baer, Washington, PA). They originally offered $1300 over invoice, and 7.7% lease rate. When then came down to $200 over invoice and 7.2% lease rate, I agreed. |
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