479 messages,
Last post on May 20, 2013 at 3:43 PM
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Buick Enclave, Car Leasing, Car Buying, SUV
#270 of 479 Re: 2011 Enclave CXL-1 Lease [lfranco1]
by Car_man HOST
Oct 06, 2010 (3:25 am)
Hello lfranco1. Ally's current base lease rate and residual value for a 39 month lease of a 2011 Buick Enclave CXL-1 AWD with 15,000 miles per year are 2.9% and 44%, respectively.
As you can see, Ally (formerly known as GMAC) publishes lease rates instead of money factors for vehicles. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
It is much more difficult to evaluate this deal without this truck's selling price. Let us know what the selling price is and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.
Car_man
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#271 of 479 Re: Deposit or SmartLease [flbeachgal]
by Car_man HOST
Oct 06, 2010 (3:27 am)
Hey flbeachgal. GMAC's (now known as Ally) October base lease rate for a 36 or 39 month lease of a 2011 Buick Enclave is 2.9%.
Car_man
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#272 of 479 Re: Low Mileage Lease on CXL1 [Car_man]
by scvmom
Oct 06, 2010 (12:37 pm)
Thanks carman! The MSRP on the car is $43650. Edmunds shows the invoice to be $41217. Again, the lease offer we used as a starting point was the "low mileage" offer they currently have running. $2359 due at signing. $399- 39 months- 39,000 miles. MSRP for that is $36390 and so the dealer said they would adjust the numbers (use the same rebates) for the vehicle I want.
#273 of 479 Re: Low Mileage Lease on CXL1 [scvmom]
by scvmom
Oct 06, 2010 (6:18 pm)
Carman,
I just got a call back from the dealer. Says he can do $500 over invoice but can't find the exact car I want so that brings the selling price (with a couple extra options) to $42949. He quoted me $2669 down and $627 a month. This seems high to me for a 10,000 mile a year lease.
#274 of 479 2011 Enclave Lease
by koko19
Oct 18, 2010 (12:48 pm)
Can someone help price out a 36 month, 12,000 mile p.a. lease for me? MSRP $45,950, Net Capitalized Cost of vehicle is $40,700. Residual value is 48%, Interest Rate 2.9%. I will pay document and mv fees, and acquisition fees out of pocket.
#275 of 479 Re: Low Mileage Lease on CXL1 [scvmom]
by Car_man HOST
Oct 19, 2010 (3:18 am)
You're welcome, scvmom. Thanks for the additional information.
According to my calculations, if you were to lease a 2011 Buick Enclave CXL1 AWD that has an MSRP of $43,650 and a selling price of $39,217 ($500 over dealer invoice minus the $2,500 cash incentive on leases) through Ally right now for 39 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $563.
It wasn't clear from your post whether the dealer was taking the $2,500 lease cash into account on your deal. Make sure that they do.
Car_man
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#276 of 479 Re: 2011 Enclave Lease [koko19]
by Car_man HOST
Oct 19, 2010 (3:21 am)
Hi koko19. I just crunched some numbers for you and according to my calculations if you were to lease a 2011 Buick Enclave CXL AWD that has an MSRP of $45,950 and a selling price of $40,700 through Ally right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $594.
Car_man
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#277 of 479 Re: 2011 Enclave Lease [Car_man]
by koko19
Oct 19, 2010 (2:35 pm)
Car_man, Thanks for the calculations. Another quick question, when G.M. is offering $1500-2000 cash back on vehicles, can I then reduce that amount from my Negotiated Sale Price to further reduce the adjusted capitalized costs. A salesman at one dealer is saying when doing a lease deal, I can't get this G.M. cash back offer. That cash back is only for cash or financed purchases?
#278 of 479 Another Enclave Lease Calc
by pmnj1
Oct 20, 2010 (3:30 am)
2011 Enclave CXL1 AWD 36 month, 12k p.a.Miles Lease MSRP is 45755 Sale Price is 44000 Residual is 49% Money Factor .00045 I will pay mv fees and other inception cost at closing.
How much should the monthly lease be ?
Thanks.
Oct 20, 2010 (10:39 am)
hi, I'm a first time car buyer/leaser. could someone help me evaluate the following offer I got from a NJ dealer for a 2011 FWD enclave with chrome wheels, sunroof and nav.? (He says they also put in extra wood embellishment in the interior.)
39 month with 12 k miles per yr
sales tax, dmv and first month payment paid on day 1: approx $2900
residual value: 46%
money factor: .00045
MSRP: $46450
selling price: $44950
Financing provided by US Bank
activation/acqusition fee of $695 included in monthly payment
no security deposit, but a $350 buyout fee if elect to buy car at lease end, or $395 fee if don't buy.
many thanks!
erin
monthly payment: $619