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Buick Enclave, Car Leasing, Car Buying, SUV
#181 of 543 Re: February 2010 incentives and lease deals [wantanewride]
Feb 08, 2010 (2:40 am)
Hi wantanewride. GMAC's current base lease rate and residual value for a 36 month lease of a 2010 Buick Enclave CXL2 AWD with 15,000 miles per year are 0.9% and 42%, respectively.
I believe that 15,000 miles per year is the highest mileage allowance that GMAC publishes residual values for. If you need to drive more than that, you will likely have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
General Motors is currently providing a $2,650 cash incentive on leases of the '10 Enclave. This cash should automatically be taken into account on a GMS deal, but you definitely double check to make sure that it is.
Prices Paid: Buying & Leasing Experiences Forum
#182 of 543 Re: February 2010 incentives and lease deals [thetmk]
Feb 08, 2010 (2:44 am)
Hi thetmk. Please see my previous post for most of the info that you're looking for.
BTW, I just remembered that General Motors is also providing $750 dealer cash on all Buicks this month. There's a good chance that this dealer cash is available on leases as well.
Prices Paid: Buying & Leasing Experiences Forum
#183 of 543 Cap Cost vs. Rebate on 2010 Enclave 1XL
Feb 12, 2010 (3:41 am)
I need to understand better what the dealer is proposing. I was working with them on a deal for a 2010 Enclave 1XL with Sunroof, 19" chrome wheels, and Audio/DVD, Metallic Paint. MSRP is 45,050.00. Dealer came back with an offer and looking at this website and others I countered and said "if you can get the selling price to $41,050 including the $1500 cash to customer I would like to see the numbers for a 48 mo lease w/ 12k miles per year".
Dealer came back and said here's our deal: MSRP 45050, Selling price of 42,550 minus $2,650 cap cost in lieu of $1500 rebate
Is this good? I always thought you got the price to a "selling price" and then worked the lease from there.
By the way, they are saying residual is 36% and rate is 2.20% for a payment (with no down payment) of $565 plus tax.
I had hoped to have the payment at $500 WITH tax.....do I still have room to negotiate?
THANKS!!! This site is GREAT and the input is appreciated!
#184 of 543 Re: February 2010 incentives and lease deals [Car_man]
Feb 16, 2010 (8:15 pm)
Thank you for all the information you provide on this site (car_man in particular). Hoping you can help me figure out a lease pmt.
I saw two 2010 CXL1 2WD vehicles today at different dealerships - MSRP $42K and $44.5K. I asked for numbers on a 39 month lease 15K miles per year.
The $42K dealer came back with an initial fee of $2,000 cap cost (+ other fees = $3,800 out of pocket) and a monthly payment of $489 + tax
The $44.5K dealer came back with a cap cost of $1,000 (+other fees = $2,874 out of pocket) and a monthly payment of $607 + tax
After reading some of the other posts here, it would seem to me that these figures are very high. Can i get some guideline on what a good lease payment should be with about $1,000 cap cost?
Thanks in advance!
I live in Florida, BTW
#185 of 543 Re: February 2010 incentives and lease deals [evergladesman]
Feb 17, 2010 (9:08 am)
For what this is worth...I have leased for the past 6 years. I do not put anything down! Let the dealer give you a price with no money down. Here's why: if you're in an accident, or someone hits your car and totals it, the insurance company will pay off what is owed on the car...they will not reimburse you for the "out-of-pocket" money you paid up front. It's true that your monthly payment will be higher, but hey, you gave them your money up front. Yes, your percentage paid over the long run will be slightly higher, but if you left your "out-of-'pocket" money in the bank you'd be getting some interest on that.
#186 of 543 2010 Enclave Purchase Price
Feb 22, 2010 (6:04 pm)
We have the following offer from a dealer in NY to purchase an enclave. They will order this car for us.
2010 Enclave CXL2
Hit the road package
DVD nav (dropdown screen, not seat back)
2 Way advance remote
His offer: $48,250
Rebates TBD depending on what they are next month when it arrives.
any thoughts on this deal?
#187 of 543 Lease turn-in
Mar 13, 2010 (2:13 pm)
has anyone turned in an Enclave (or other GM car) off lease lately. I've bought or traded all other leases.
Any issues with turn in?
#188 of 543 Re: Lease turn-in [johnt26]
Mar 13, 2010 (3:07 pm)
I turned in a Chevy Malibu off-lease to GMAC just recently and it went off with nary a hitch. They send you a little packet. Just make sure you do it the way they ask you and as long as you are under milage and no big dents, they are pretty easy to work with.
#189 of 543 April Lease Number
Apr 01, 2010 (4:31 pm)
Does anyone have april 2010 lease numbers on a 2010 enclave cxl 1 or 2 for 36 months and 12k per year? Your help is greatly appreciated.
#190 of 543 Re: Lease turn-in [johnt26]
Apr 02, 2010 (4:21 pm)
In September of '07 I turned in an '05 Buick Terraza on an '08 Enclave. I was about 300 miles under the 36,000 lease...no problems. The dealer handled it just fine. In fact, he picked up the last 3 months payments.