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Buick Enclave Lease Questions

159 messages,  Last post on Nov 20, 2009 at 1:07 PM

You are in the Buick Enclave Forum. Your Hosts are steve_ & tidester

What is this discussion about? Buick Enclave, Car Leasing, Car Buying, SUV


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#117 of 159
About to do battle... by bobinchitown
Jun 06, 2008 (3:50 am)
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Car guy (or anyone else!),
 
 I'll be heading out this weekend to look seriously at an Enclave...CXL AWD w/about $4k in exras. I'll be leasing: 36mo. & 45k total mi. It's early June so I'm wondering what residual and GMAC APR I should shoot far. (Thnx to Edmubds I have the Cap cost targert figure!) What are the current programs for current GMAC lease holders besides the current "pull forward?
#118 of 159
Re: About to do battle... [bobinchitown] by Car_man HOST
Jun 23, 2008 (1:34 am)
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Replying to: bobinchitown (Jun 06, 2008 3:50 am)

Hi Bob. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Buick Enclave with 15,000 miles per year are an unattractive 8.0% and 60%, respectively. I believe that General Motors is only waiving the final two payments for current lessees who lease a new GM product right now.
 
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Prices Paid: Buying & Leasing Experiences Forum
#119 of 159
Re: About to do battle... [Car_man] by jomac69
Jun 23, 2008 (5:21 pm)
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Replying to: Car_man (Jun 23, 2008 1:34 am)

Hey CarMan...is there any benefit to leasing a used Enclave? Say if one already had 12000 miles on it....could you get a 24 or 27 month lease that would be a much lower payment since the residual would still be the same for 36000 miles at 60%? Or is this bass ackwords? How does this work...if it does at all?
#120 of 159
Re: About to do battle... [jomac69] by kcorey
Jun 24, 2008 (1:24 pm)
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Replying to: jomac69 (Jun 23, 2008 5:21 pm)

I don't think you can lease a used car, only new...at least in NY.
#121 of 159
Re: About to do battle... [jomac69] by Car_man HOST
Jul 02, 2008 (1:18 am)
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Replying to: jomac69 (Jun 23, 2008 5:21 pm)

Hey jomac69. Most states do allow the leasing of used vehicles, however generally speaking used vehicle leases are usually not very good deals. The Buick Enclave might be the exception to this rule because its new vehicle lease program is so bad, but I have never heard of anyone leasing a used one. One thing's for sure, the truck's residual value definitely would not be the same percentage as a new Enclave's would. Any bank that would lease a used Enclave would have a completely different lease program for it.
 
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Prices Paid: Buying & Leasing Experiences Forum
#122 of 159
Enclave lease or Q7 by cofla99
Jul 03, 2008 (4:25 pm)
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Carman please help. whats the best lease can Aim for on a q7 with, conv and nav 36 mo 10k miles. no down. (florida lava gray)
I was considering the enclave but it doesnt seam to have an avertised leased program.
THANKS
#123 of 159
Re: Enclave lease or Q7 [cofla99] by Car_man HOST
Jul 07, 2008 (1:28 am)
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Replying to: cofla99 (Jul 03, 2008 4:25 pm)

Hi cofla99. This is probably more of a question for the Q7 discussion, but since you are considering an Enclave as well I'll respond quickly here. It is difficult for me to estimate what the monthly payment will be for the Q7 that you are interested in without knowing what its full MSRP and selling price are. I can tell you that Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Q7 3.6 non-Premium with 10,000 miles per year are around .00006 and 53%, respectively. You can plug these numbers, along with the aforementioned prices, into the formula that is outlined in the following article to get an approximate lease payment for this tuck: Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#124 of 159
Re: Enclave lease or Q7 [cofla99] by ody02tjk
Jul 07, 2008 (9:06 am)
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Replying to: cofla99 (Jul 03, 2008 4:25 pm)

Cofla99:
 
I ended up with the Enclave and Q7 as my top 2 choices when buying a car last May. I found that with Audi's excellent leasing deals (basically no interest on their leases), the monthly payment on a 3.6 Premium Q7 with Nav, 20in wheels, 4 seasons, panorama roof, bluetooth, convenince, and premium paint came to only $695/mo for 36 months, with 12K miles per year. The upfront costs were $3000, part of which was the first payment.
 
While the Buick is quite nice, and a good bit roomier than the Audi, the GM lease rates and residuals are not good at all. The loaded Enclave (CXL AWD) I attempted to buy ended up with a lease pmt of $690/mo, with the same mileage and term as the Audi. For the extra $5 per month, there is no comparison.
 
I found that the Edmunds true market price is about on target for here in MD. Check your local dealers, and hold out for the true market prices. Use the true market price to estimate your lease pmt. Also, the Edmunds lease pmt program was spot on with all of lease calculations I did. Figure out your sales price, and plan on 51% residual (52% with the Audi Care program) rate.
#125 of 159
Lease Deal in July '08 by slam
Jul 13, 2008 (5:49 pm)
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I'm looking to lease a new '08 Enclave FWD CXL loaded with a MSRP price of ~$45K. Monthly payment on a 39-month lease is $540 - 550 including tax. Here's the break down:
 
Neg. Price: $39,950
Down Payment: $2,500
Term: 39 months
Mileage: 12K per year
Residual: 64%
Money Factor: 8%
 
Is this a good deal? I'm concerned with the high money factor and not getting the rock bottom negotiated price (since '09 will be due out soon).
#126 of 159
Re: Lease Deal in July '08 [slam] by kcorey
Jul 13, 2008 (6:03 pm)
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Replying to: slam (Jul 13, 2008 5:49 pm)

The 2009's are just about at the dealers' doorstep, which is why the "deal" is so "good". Personally, I'd get a 2009.(I happily own a 2008.) There are a few more "new" items...heated (and cooled) seats, a DI engine, back-up camera is standard, etc. Go to enclaveforum.net for some more info. In this market, I think you could probably get just as good a deal, and a year newer.

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