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Buick Enclave Lease Questions

157 messages,  Last post on Nov 10, 2009 at 6:42 PM

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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#20 of 157
Re: jimjack [kyfdx] by wlbrown9
Jun 26, 2007 (6:49 am)
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Replying to: kyfdx (Jun 25, 2007 9:33 am)

I was thinking GSM was the supplier discount program. Anyway https://www.gmsupplierdiscount.com/ip-gmsupplier/ is the site to check out. Look under FAQs at the top and it explains more about the program.
 
www.gmfamilyfirst.com looks to be the GM employee site. Interesting that a GM employee can get up to 6 authorizations per year in 2007. Looks as if they can give an authorization to a friend to allow the Supplier Pricing.
 
What is the GM Supplier Discount for Friends?
Individuals who receive GM Supplier Discount for Friends pricing authorization numbers can enjoy the same preferred pricing that GM suppliers enjoy.
Back to top
 
Who is eligible to share the GM Supplier Discount for Friends pricing?
GM active and retired employees.

 
I did hear a month or so ago that one of the $1000 incentives was NOT allowed under the Supplier Discount on maybe the Acadia so some folks were getting near supplier pricing plus the discount for a better deal.
 
We purchased under the Supplier Discount program in 2004 but I think the program has changed a little since then. But it is really a good way (if you are eligible) to get to rock bottom pricing without having to really wheel and deal to get there. In 2004 on benefit was that they could not charge a DOC fee so since that was preprinted on the form they lowered the price that amount so it would offset that.
#21 of 157
Re: your thoughts on Enclave lease quote? [lwolf99] by kcorey
Jun 26, 2007 (9:55 am)
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Replying to: lwolf99 (Jun 25, 2007 11:16 pm)

I hope this can be of some help...
I have been looking at the Enclave for over a month. My wife and I decided to lease one when our present lease on a 2005 Terraza expires in January 2008. We wanted the Enclave in Red Tint, with only 2 options...no one had it (looking at over 25 dealers in the NY Metro area). Finally, we decided to order one. As it was explained to us, Buick MAY (and MAY is a gamble) have some sort of "rebates" available when our car comes in (in about 8 to 10 weeks). My point is, that we will have the car we want, with the options and color we want. True, we may be paying slightly more than we had wanted to, but considering that we will be leasing it for 39 months, it may (there's that word again) not really be any more.
Good luck in your search.
#22 of 157
Re: your thoughts on Enclave lease quote? [lwolf99] by lwolf99
Jun 26, 2007 (10:42 pm)
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Replying to: lwolf99 (Jun 25, 2007 11:16 pm)

ody02tjk,
 
The Sales Mgr is holding firm at $1300 over invoice price for the Enclave that I was looking at. Since it is a demo model, with 800 miles already on it, and too much over invoice, I walked away. Too bad, it would have been a great vehicle.
 
Another dealer located one for me, same options except it has entertainment pkg #3 instead of #4. If he will sell for anything up to $500 over invoice, I will take the deal.
 
I hope to get one on the next week, to take advantage of Conquest Cash.
#23 of 157
Advertising Fees for Enclave by lwolf99
Jun 26, 2007 (10:45 pm)
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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
- $450 for LAM Group Contribution
 
Are these Advertising Fees? Should I expect to include this amount in any calculations for dealer invoice price?
 
Thanks in advance.
#24 of 157
What can I expect to pay? by gonzoe
Jun 27, 2007 (5:00 am)
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On a 36 month, 15k miles per year fully loaded CXL in NY with an excellent Credit rating and $0 down. Any help is appreciated as I'm trying to line up my options as my X5 lease is coming to an end.
#25 of 157
Re: your thoughts on Enclave lease quote? [lwolf99] by jimjack
Jun 27, 2007 (7:14 am)
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Replying to: lwolf99 (Jun 26, 2007 10:42 pm)

You should stick to your guns on your offer. He's asking too much. Your credit is great and the best we get out here is 6.5 on a purchase (which is what I'm doing). Have you done the dealer location for quotes on this site? Get these guys to scramble for your business. Put them up against the other and tell the one dealer you have a better offer whether you do or not. Get the car at invoice plus your conquest of 1K especially since it has the Demo tag on it w/ the miles. This guy is arrogant for sure. Is he the top guy or just a sales person. Avoid those regular guys and go directly to the Fleet or internet person. Do not pay for any contributions. You can do that over the Christmas season.
#26 of 157
Re: your thoughts on Enclave lease quote? [lwolf99] by ody02tjk
Jun 28, 2007 (9:25 am)
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Replying to: lwolf99 (Jun 26, 2007 10:42 pm)

Lwolf99: You need to stick to your invoice offer, or go with the other dealer. I think they will continue the Conquest rebates, as that $ is crucial to attracting buyers to the vehicle. I would recommend looking out side your metro area to other dealers in Central PA, Eastern Ohio, or MD to see what they have in stock. At the end of last month, when I was shopping hard, each of the 4 I was dealing with told me they would sell at invoice for what they have in stock. I hate to say it, but these dealers will DEAL when they know they have something to sell. Check around on GMBuyPower to see which dealers have exactly what you want. Also, with the July holidays coming up, as well as the end of June, you should be able to get the deal you want. These places need to sell some units. My closest dealer (in Cockeysville, MD) still has the same 2 CXL Enclaves (in Red and Silver) as when I tried to buy 4 weeks ago. There is demand for the Enclaves, but they know buyers expect invoice deals on GM cars.
#27 of 157
Re: your thoughts on Enclave lease quote? [ody02tjk] by lwolf99
Jun 28, 2007 (6:43 pm)
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Replying to: ody02tjk (Jun 28, 2007 9:25 am)

I exchanged a few more emails today with the internet sales guy. Working with the sales mgr/owner, we agreed on a price of $200 over invoice, which is okay by me (down from their original offer of $1300 over invoice). The model has the exact options that I want. The problem seems to be the Trailer Hitch. No one else in Pittsburgh areas seems to have ANY with a trailer hitch. I had 4 dealers looking, and also checked myself on gmbuypower.com and buick.com. So, since they one with the options that I want, I am willing to pay $200 over invoice price - even it it has a few miles on it. I feel okay with the deal.
 
Now I have to turn my attention to the lease figures. They originally quoted me 7.7% for the lease rate. I have a 790 credit score - so I should be able to get the best rate available. Car_man reported a few weeks ago that GMAC was offering 7.2% on a 24-month lease.
 
My questions are:
1) is 7.2% pretty much the best rate I should expect?
2) should I insist they use GMAC, or does anyone recommend any others?
3) what is a reasonable lease aqusition fee to pay? They had quoted $495, but it has been a long time since I leased, so I am not sure what is a good or bad deal.
 
As always, thanks in advance.
#28 of 157
Enclave Lease in Pitt, PA by ody02tjk
Jun 29, 2007 (9:16 am)
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Based on your figures from your prior posts, I came up with the following costs from the Edmunds lease site:
 
MSRP = $45,465.00
Vehicle Cost = 42,604.63
Sell price = $42,604 (Invoice plus $200)
Lease Aquisition fee = $495.00
Fees = $177.50
Sales Tax (assuming 7% in Pittsburgh)
Customer Cash Rebate: $1000 (Conquest Rebate)
Cash Down Payment: $0
My Trade-In Value: $0
Lease Term (months): 24
Lease Residual Value: $30381
Money Factor: .003 or 7.2%
Miles Driven per Year: 15000
Acquisition Fee: $495
Security Deposit: $0
Total Amount to be Financed: $42,521
Monthly Payment (tax included): $775.25
 
Your up front $ should only be the first month's payment and the $177 fees. With your credit scores close to 800, they should give you the best lease rate GM offers. Also, shop around with banks or credit unions you do business with, and ask for their lease rates before you go back to this dealer. FYI, when I was negotiating, they told me that I did not need to place a security deposit, since my credit scores were above 700. Also, with at 750 credit score, I was quote 7.2% lease rate. This statement came from 4 different Buick dealers. I would also advise that since it is the day before month end, you call and inform them you will take delivery tomorrow, ONLY if they meet your price. If they try to hit you up for any more $ then quoted above, then walk. GM will have more deals in the coming summer months.
#29 of 157
Re: your thoughts on Enclave lease quote? [lwolf99] by bsc1114
Jul 01, 2007 (7:15 am)
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Replying to: lwolf99 (Jun 28, 2007 6:43 pm)

Edmunds gave a qoute of $557 for a 3 year lease on a $40,220.00 Enclave with no money down. Does anybody think this is a good price? Thanks

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