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Buick Enclave Lease Questions

160 messages,  Last post on Nov 27, 2009 at 6:42 AM

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

What is this discussion about? Buick Enclave, Car Leasing, Car Buying, SUV


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#132 of 160
Re: Hey Car man... [golic] by Car_man HOST
Jan 05, 2009 (3:52 am)
Reply

Replying to: golic (Dec 22, 2008 4:16 pm)

HI golic. Unfortunately, General Motors' financial problems forced it to pull the plug on its lease program. As a result, you will not be able to lease an Enclave through GMAC right now. You might be able to lease one through an independent bank...if you can find a bank that is willing to lease you one, but chances are that it will be a pretty expensive lease and you would be better off financing or paying cash for this truck right now.
 
There was a rumor floating around that GM would reintroduce leasing now that GMAC got multi-billion dollar cash infusion from the government, it used the money to roll out special financing rates, but I personally am skeptical because after the details of GMAC's deal with the government were published I believe that I read something about it not being allowed to lease vehicles.
 
If you really want to lease, you will be better off going with a vehicle from a different manufacturer.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#133 of 160
Re: Re-Consensus Cash by octagon3
Jan 07, 2009 (8:44 am)
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Replying to: Car_man (Jan 05, 2009 3:52 am)

Hi Car Man -
 
After almost 2 years of looking at the Lambdas, we're finally going to pull the trigger (I think they fix all of the little issues, and the new engine, bluetooth and cooled seats were items we were waiting for). We have Employee pricing, but I want to get some of the Re-Concensus cash. Is there any way to figure out how much cash the dealer received? Should I just tell them I want $2000 off, with the $2750 rebates and Employee pricing?
#134 of 160
Re: Re-Consensus Cash [octagon3] by Car_man HOST
Jan 15, 2009 (3:03 am)
Reply

Replying to: octagon3 (Jan 07, 2009 8:44 am)

Hi octagon3. I'm impressed that you're aware of the re-consensus cash program. I believe that involves special cash incentives that dealers receive for taking additional vehicles from General Motors into their inventory. Several manufacturers are running programs like this right now because they are choking on their inventory and dealers are refusing to take any more cars. The problem with this sort of incentive is it is impossible to know which dealers received the cash. I assume that many did not.
 
GM is not providing employee pricing for everyone on its vehicles right now. I take it that you must be an actual GM employee. If not, the only way that you can get a special low price is to be a member of a credit union. GM is providing credit union members with supplier pricing on all of its products right now.
 
You can always shoot for a selling price that's way below dealer invoice minus all of the available incentives and see what happens. If the dealer bites, chances are that they got some of the re-consensus cash. Good luck and make sure to let us all know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#135 of 160
2010 AWD 1XL by dolphin5
Sep 16, 2009 (3:52 pm)
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Car_man,
 
Please provide the 36 month / 15000 miles a year lease numbers on a 2010 AWD Enclave 1XL.
 
Thank you
#136 of 160
Re: 2010 AWD 1XL [dolphin5] by Car_man HOST
Sep 29, 2009 (1:42 am)
Reply

Replying to: dolphin5 (Sep 16, 2009 3:52 pm)

Hi dolphin5. Here's the information that you're looking for. GMAC's September base lease rate and residual value for a 36 month lease of a 2010 Buick Enclave AWD 1XL with 15,000 miles per year are 0.6% and 42%.
 
When negotiating your lease on this truck, make sure to take advantage of the $2,250 cash incentive that General Motors is currently providing on leases of it through GMAC.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#137 of 160
Re: 2010 AWD 1XL [Car_man] by jp125
Oct 04, 2009 (8:25 am)
Reply

Replying to: Car_man (Sep 29, 2009 1:42 am)

Hey Carman:
 
I'm looking at getting a 2010 enclave AWD 2xl with 15k miles and 3 years also. I am located in Maryland. I see your previous post, but could you tell me if anything has changed for October. I called 2 dealers and they both told me the rate was 1.6% Is that the new rate for October, or are they just trying to get paid on the interest rate also?
Also, are they still offering the 2250 cash incentive in October and is the residual still 42%? And, If you know the security deposit for these leases please let me know that also. Is the security deposit required or can they waive it, and is there a minimum credit score needed to qualify for this lease?
 
I am also considering leasing this vehicle and registering it in NY. From my understanding they are leasing through another bank and not gmac in NY. Do you have the lease rate and residual for a NY lease at the same terms above?
 
Thank You
#138 of 160
Re: 2010 AWD 1XL [jp125] by Car_man HOST
Oct 07, 2009 (1:42 am)
Reply

Replying to: jp125 (Oct 04, 2009 8:25 am)

Hi jp125. GMAC's new October base lease rate and residual value for a 36 month lease of a 2010 Buick Enclave CX AWD with 15,000 miles per year are 0.6% and 44%, respectively. It's difficult to say why the dealers told you a slightly higher rate, as you mentioned the reason could be mark-up, but the numbers that I mentioned are definitely right.
 
Yes, the $2,250 cash incentive is still available on leases of this truck through GMAC this month.
 
Most banks charge a security deposit that's equivalent to vehicles' monthly payment rounded up to the nearest $25 or $50 increment on leases.
 
You're right, for some reason GM leases in New York are run through US Bank instead of GMAC. The lease rate for a US Bank lease of this truck is slightly higher at 0.72% and the lease cash is a little lower, $1,500.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#139 of 160
Press request by KarenS HOST
Oct 07, 2009 (9:19 am)
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A reporter is looking to speak to consumers who recently leased a GM or Chrysler vehicle in the past two months . Please send your daytime phone number to ctalatiedmunds.com by Thursday, October 8, 2009.
#140 of 160
Basics by cats13
Oct 12, 2009 (12:06 pm)
Reply
Sorry if these are basic questions, but I'm a nubie so humor me pls:
 
1. where are you guys pulling all the lease rates and residual values from? Is there some sort of schedule the rest of us can access? Or do I have to come back here and post each time depending on the specific Enclave model, yr, location, etc.?
 
2. what's the story if you lease in one state (say, NY), but then relocate to another (say, TN)? How does that impact the lease, if at all?
 
Many thanks
#141 of 160
Re: 2010 AWD 1XL [Car_man] by jp125
Oct 13, 2009 (8:07 pm)
Reply

Replying to: Car_man (Oct 07, 2009 1:42 am)

Thank you for responding carman. I am getting close to leasing the enclave. If possible, could you provide the acquisition fee / bank lease fee for GMAC and also US Bank?
 
Could you provide the security deposit required from each gmac & US Bank also? What is the minimum credit score gmac & US Bank will accept?
 
Last question, Do people who lease get gmac's 1000 discount along with the lease incentive of 1500(US Bank) or 2250(GMAC). For example, the total off a US Bank lease would be $2,500 (1500 + 1000).

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