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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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#33 of 160
Re: lease question [tappy1] by bsc1114
Jul 06, 2007 (5:58 pm)
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Replying to: tappy1 (Jul 06, 2007 4:28 pm)

I went to a local Buick dealer today and spent 2 hours haggling with the salesman ( who, of course was a very nice guy, but the sales manager was a bleep!!!). After negotiating to buy the Enclave, I the asked about a 3 and 4 year lease and when he came back with an almost $800 a month payment I thanked him and walked out. He said the leases on the Enclaves were really bad and that I was better off buying it. I did that at the next dealer I went to after the next sales manager beat the other price by almost a thousand dollars.
I payed cash for a Cocoa Metallic, Cashmere leather, Luxury Package, Chrome wheels. Sunroof, Ent. pkg #1, and Driver Confidence pkg. The only bad thing is that I have to wait 8 weeks for the car.
#34 of 160
Re: lease question [tappy1] by lwolf99
Jul 07, 2007 (4:26 am)
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Replying to: tappy1 (Jul 06, 2007 4:28 pm)

tappy1,
 
If you mean that their "dealer invoice" numbers are higher, that could be the advertising fees. There was about $650 of advertising fees on the actual dealer invoice for my new Enclave, which did not appear as a line item when I looked p proces on edmunds.com.
#35 of 160
Re: Buick Enclave: Lease Questions [jragosta1] by Car_man HOST
Jul 13, 2007 (1:14 am)
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Replying to: jragosta1 (Jun 21, 2007 7:09 am)

Hi jragosta1. You never mentioned the selling price or MSRP of the Enclave that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the Enclave that you are interested in for you if you let me know what these numbers are. I have to warn you though, General Motors' current lease program on this model is not very good.
 
Car_man
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#36 of 160
Re: Advertising Fees for Enclave [lwolf99] by Car_man HOST
Jul 13, 2007 (1:17 am)
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Replying to: lwolf99 (Jun 26, 2007 10:45 pm)

Hi lwolf99. Try not to let all of the little fees that dealers try to tack onto deals cloud things. Just focus on the big picture, you want to drive off in the Enclave that you are interested in paying the lowest total price. If you comparison shop and go with the dealer that gives you the lowest out-the-door price for the truck that you want, it really doesn't matter how they got there.
 
Car_man
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Prices Paid Forum
#37 of 160
Re: What can I expect to pay? [gonzoe] by Car_man HOST
Jul 13, 2007 (1:18 am)
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Replying to: gonzoe (Jun 27, 2007 5:00 am)

Greetings gonzoe. You never mentioned the selling price or MSRP of the Enclave that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the Enclave that you are interested in for you if you let me know what these numbers are. I have to warn you though, General Motors' current lease program on this model is not very good.
 
Car_man
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Prices Paid Forum
#38 of 160
Re: What can I expect to pay? [Car_man] by bsc1114
Jul 13, 2007 (4:34 pm)
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Replying to: Car_man (Jul 13, 2007 1:18 am)

That's why I ended up buying My Enclave- the lease payments were outrageous!!
#39 of 160
Re: Buick Enclave: Lease Questions [kyfdx] by slfranks
Jul 14, 2007 (5:32 pm)
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Replying to: kyfdx (May 08, 2007 6:35 pm)

I went to Buick dealer today for the 2008 Enclave. CXL, AWD with luxury pckg, audio pckg #1, driver convience pckg, 19 in wheel, FRT. Quoted price 38,415. Only want to lease it. No money down. I'll pay first payment upfront and security deposit. 18K miles a year for 36 months. Dealer said money factor was 9% and payment was $791 a month. Dealer said the $1000 conquest rebate would be used toward security payment...residual value at 59%
 
I think a 9% lease rate sucks for a GM car. For that same payment I can lease a 5 series BMW with a navigation system.
 
What's going on here?
#40 of 160
Re: Buick Enclave: Lease Questions [slfranks] by ody02tjk
Jul 15, 2007 (1:14 pm)
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Replying to: slfranks (Jul 14, 2007 5:32 pm)

You are getting a crappy deal there. Based on the Edmunds lease site, with your quoted sale price (38415), the $1000 conquest rebate, a 3 year residual at $23817, assuming 5% sales tax, and $576 in title and aquisition costs, your payment should only be $709.08 at 9%. When I was shopping last month, the lease factor was 7.2%, with credit scores of 650 or better. Based on your figures, and a 7.2% money factor, your payment should be $659.16. Take these facts back to that dealer, and tell them that you have found 7.2%, as well as the facts from the Edmunds site. If they will not deal, find another dealer. They are trying to add in profit there, and hide it in the payment. They are trying to cost you another $132 a month, or $4752 over the 36 months of your lease.
#41 of 160
Re: Buick Enclave: Lease Questions [ody02tjk] by slfranks
Jul 15, 2007 (2:24 pm)
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Replying to: ody02tjk (Jul 15, 2007 1:14 pm)

I agree.. a completely crappy deal. The salesman didn't even know what a money factor was. He said there's no such thing as that in leases. He didn't bother to ask about our credit rating (which is high). Wouldn't use the $1,000 off of the sticker price.
 
Problem is not too many Buick dealers in my area. Sent e-mails to others with my requirements. Since this was such a bad experience, don't want to waste my time at the dealership.
 
Can't believe GMC doesn't offer better incentives on Enclave. No wonder they struggle
#42 of 160
Re: lease question [bsc1114] by vtraudt
Jul 31, 2007 (1:59 am)
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Replying to: bsc1114 (Jul 06, 2007 5:58 pm)

It would be helpful if you would list the MSRP, Dealer Invoice and the price you actually paid out the door.
Thanks.

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