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Buick Enclave Lease Questions

159 messages,  Last post on Nov 20, 2009 at 1:07 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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#65 of 159
Re: Buick Enclave: Lease Questions [Car_man] by dogbyte
Nov 10, 2007 (6:18 am)
Reply

Replying to: Car_man (Jul 13, 2007 1:14 am)

I have been reading the posts here with interest. The Enclave although priced significantly lower than the competing imports (Volvo CX90, Acura MDX) similarly equiped, leasing is really not an option currently. These vehicles can be leased for $500 per months or less with cap cost reductions of $2500-$3000 added up front. I have not done the math on a no money down lease comparison but it sure looks as though GM's leasing program is not worth a warm bucket of spit. Too bad.
#66 of 159
Re: Buick Enclave: Lease Questions [dogbyte] by jacobm
Nov 10, 2007 (9:05 pm)
Reply

Replying to: dogbyte (Nov 10, 2007 6:18 am)

I just got an offer on a cxl fwd entertainment #3 with sunroof and confidence package for $615 a month no money down and picked up from this dealer a coupon at the auto show they pay the first 5 payments of $500.
615*36 (months) = $22,140 subtract the 5 payments total $2,500 =$19,640 my costs for the 3 years
41,000 (car would cost me) -19,640 (3 year lease cost) = $21,360 - I would have to sell for at least at the end of the 3 years.
#67 of 159
November Update - Buick Enclave by koberry
Nov 20, 2007 (5:35 am)
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Carman:
 
You've helped me secure terrific deals on my last two leases - thanks for the service you provide here! My RX330 lease is up and I'm looking for help in negotiating my next vehicle. Can you provide the November money factor and residual for the following lease?
 
2008 Buick Enclave CXL
36 mo lease
15,000 mi/yr
 
Thanks,
 
Ken
#68 of 159
Indecent proposal? by enclavebuyer
Dec 06, 2007 (11:00 am)
Reply
I've been talking online with a local ISM and he says he has access to a fully loaded CXL FWD that he can get in a few days if we make a deal.The first numbers he quoted me were:
 
36 months / 10k miles 65% residual $757.89
36 months / 12k miles 63% residual $794.65
36 months / 15k miles 60% residual $826.32
 
I bought a program called leasewizard, ran some numbers myself then sent him this email, am I out of line or is this realistic?
 
-- Begin Email --
 
From what I can tell via (edmunds.com) The Enclave as you described is $46,175 MSRP and $42,279 Invoice, now if we did the deal at a cap cost of $44,000 with a GM Smartlease (12k Miles, 63% Residual, 8.0% Money Factor) my math is putting me at a payment of $661.57 which seems reasonable to me.
 
-- End Email --
 
What do you guys think? Thanks in advance!!
#69 of 159
Re: Indecent proposal? [enclavebuyer] by Car_man HOST
Dec 20, 2007 (2:28 am)
Reply

Replying to: enclavebuyer (Dec 06, 2007 11:00 am)

Hi enclavebuyer. The selling price that you offered the dealer is around $1,700 over invoice. If you are in an area that has a decent level of competition, I personally would not be surprised if you were bale to do better than that. If I was personally in the market for an '08 Enclave I would shoot for a selling price that's $1,000 less than this. Make sure to stop by the "Buick Enclave Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar trucks lately. The lease rate and residual value that you quoted are right in line with GMAC's current program for this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#70 of 159
Lease Worksheet by enclaver
Dec 24, 2007 (9:52 am)
Reply
Hi All,
 
Looking for some feedback on this offer I just received (12/23)... Car_man, if you're out there, please chime in with your expertise.
 
CXL FWD, Entertainment Package #3, Driver Confidence Pkg, White Diamond Tricoat, Ebony on Ebony Leather, 2nd Row Captains Chairs, to name a few..
 
Price: 37100
Term: 39mo
Rate: 8.0
Residual: .59 ($23,375.80)
Doc Fee: 599.00
Cash Down: 2500
Rebate: 500
Sec Deposit: 600
Gov't Fees: 266.50
Taxes: 1490.12
Total Initial Payment: 2999.99
 
Total Monthly Payment: $584.66
 
They first offered $618/mo w/out Taxes & 2k down, I chuckled. Then he bragged about how he was going to give me this wonderful, take-it or leave-it offer that was unbeatable and unbelievable. That he had Dealer Coupons that he would credit me but this offer was to die for.
 
I'm not really impressed. He up-ed the down payment, the lease rate is 8%, and the security deposit is awful high. Is this guy blowing smoke up my arse? I'm not really feeling the holiday love...
 
Looking for feedback!!!
 
All the best!
#71 of 159
Re: Lease Worksheet [enclaver] by Car_man HOST
Jan 14, 2008 (2:37 am)
Reply

Replying to: enclaver (Dec 24, 2007 9:52 am)

Hi enclaver. As hard as it is to believe, the terrible 8.0% lease rate that you were quoted is the best available rate on the 2008 Buick Enclave right now. If I personally was looking to lease a new SUV, I probably would not go with a Buick Enclave at this time.
 
I would be happy to give you my feedback on this truck's selling price if you provide me with its MSRP. It will show me how much of a discount you are being given on it. The $600 security deposit is right in line with what it should be for a vehicle that has a $485 monthly payment, but the $599 doc fee is pretty high.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#72 of 159
GM lease rates by octagon3
Jan 20, 2008 (8:47 am)
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WIth the fed lowering the prime, is there any history of GM lowering their lease rates? Would prefer to lease, but GM's lease rates pushes me towards a purchase. Regrettably, we're hooked ont he Lambdas - especially the more comfy Enclave. If they come out with an Acadia Denalie with a 4 year warranty, then I would go with that - any word on the Denali?
#73 of 159
Poor GM Lease Support by dammitjim1
Feb 12, 2008 (3:00 pm)
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I am going to be in the market for a new vehicle in the next few months, as the Tahoe Z71 I have under a GM Smartbuy is going to be ending. From what I have read in this and the Acadia forums, lease prices are pretty outrageous. Although I love the Z71 Tahoe, with gas well over $3/gallon I am unlikely to be getting another Tahoe. Does anybody out there think that the lease support situation will improve? If not, it looks like the Mazda CX-9 is next for me.
#74 of 159
Re: GM lease rates [octagon3] by Car_man HOST
Feb 15, 2008 (2:36 am)
Reply

Replying to: octagon3 (Jan 20, 2008 8:47 am)

Good question, octagon3. I have seen a number of people asking this lately. General Motors really has not reduced its special lease rates any since the Federal Reserve began its rate cutting campaign several months ago. The cuts seem to have had an impact upon banks' standard interest rates, just not on any of the special rates yet. It is difficult to say whether GM will eventually lower its lease rates as a result of these cuts. Unfortunately, I think that there is a very good chance that they won't. The environment for light vehicle sales is so bad in the U.S. right now that a number of manufacturers have decided to cut production rather than just piling on more and more incentives.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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