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GMC Terrain Lease Questions

97 messages,  Last post on May 22, 2013 at 3:29 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? GMC Terrain, Car Buying, Car Leasing, SUV

Messages Page 4 of 11

#26 of 97 Re: Current Lease Offer [wtalbot] by Car_man HOST

Aug 03, 2010 (2:55 am)

Replying to: wtalbot (Jul 11, 2010 5:48 pm)
Hi wtalbot. Savvy consumers who shop around in an area that has a decent level of competition are usually able to beat the selling prices that were used to arrive at manufacturers' official advertised lease payments.
 
If I was interested in leasing a 2010 GMC Terrain right now, I personally would shoot for a selling price of $500 to $1,000 over dealer invoice minus the $500 cash incentive that General Motors is currently providing on leases of this model through GMAC.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#27 of 97 Monthly Cost to Lease a GMC Terrain? by msa5

Sep 23, 2010 (5:14 pm)

I'm looking at a 2011 Terrain SLT-1 FWD, V6. + Sunroof and power liftgate.
 
MSRP = $31,385
Invoice = $29,659
 
$1,500 incentive offer for current Ally customers plus GM employee discount. Can you please tell me what a lease payment would be on a 39-month low mileage lease? Or, what the residual value would be after the lease term?
 
Thanks!
 
Cincinnati OH

#28 of 97 October Residual by spridell

Oct 05, 2010 (8:32 am)

Anyone know the residual and money factor for a 2011 Terrain Slt-2 AWD?
 
39 month lease 10k miles.
 
I am in NY
 
I am trying to decide between a Terrain or an SRX. From what I am reading a lease of a SRX AWD with Nav as only option is pretty close to what a fully loaded Terrain would lease out to.
 
thanks for the help

#29 of 97 Re: Monthly Cost to Lease a GMC Terrain? [msa5] by Car_man HOST

Oct 07, 2010 (3:07 am)

Replying to: msa5 (Sep 23, 2010 5:14 pm)
Hi msa5. I'd be happy to work up a lease payment on this truck for you. I'm not sure what this vehicle's GM Employee Price is, so I'll base my calculations on dealer invoice minus the incentives.
 
According to my calculations, if you were to lease a 2011 GMC Terrain SLT1 FWD that has an MSRP of $31,385 and a selling price of $425.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#30 of 97 Re: October Residual [spridell] by Car_man HOST

Oct 07, 2010 (3:09 am)

Replying to: spridell (Oct 05, 2010 8:32 am)
Hey spridell.
 
Ally's October base lease rate and residual value for a 39 month lease of a 2011 GMC Terrain SLT2 AWD with 10,000 miles per year are 3.4% and 49%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#31 of 97 Re: October Residual [Car_man] by spridell

Oct 07, 2010 (9:31 am)

Replying to: Car_man (Oct 07, 2010 3:09 am)
Thank you very much for your help.
 
If my math is right its really only like $10 or so more a month to lease out a SRX AWD. It seems that the Cadillacs are leasing better then the Terrain. And from what i heard the Terrain is in big demand and dealers wont work that much with you on the MSRP. Whereas there are tons of SRX's on dealer lots. More wiggle room to work with.
 
thanks again.

#32 of 97 Re: October Residual [spridell] by Car_man HOST

Oct 20, 2010 (2:56 am)

Replying to: spridell (Oct 07, 2010 9:31 am)
You're very welcome, spridell.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#33 of 97 2011 GMC Terrain by kron0414

Nov 26, 2010 (2:50 pm)

We are looking at a lease or a purchase of a new 2011 GMC Terrain and I started negotiations with the following deal. I am curious to see how much better we can get and where, price, mf, total oop, res, etc.
 
Here are the details:
 
2011 GMC Terrain SLT-2
3.0L V6, Flex Fuel
Cargo Management Package
Audio System with Navigation Package
Trailing Package
 
Negotiated Purchase Price with destination charges less discounts = $33,166.69
 
Lease deal is as follows:
 
MSRP: $34,635
48% Res
Lease-End $16,624.80
Selling Price $33,166.69
Rebate $750 - USAA Members
Lease APR 3.5%
Adjusted Cap Cost $33,890.69
Base Monthly Payment 517.17, with FL sales tax $553.37
39 months, 12k miles per year
Total out of pocket at delivery $1,283.86 from $679 smart lease protection, $795 acquisition fee, $400 MV fees, $83 filing fees.
 
Car Man or others...what do you think?

#34 of 97 Re: 2011 GMC Terrain [kron0414] by kron0414

Nov 27, 2010 (12:21 pm)

Replying to: kron0414 (Nov 26, 2010 2:50 pm)
To follow up to the above post...negoatiated a little further and here is the deal we have agreed to.
 
$0 total out of pocket, no start up's at all.
We are at $514 per month including tax (7% in Hillsborough)
 
39 months / 39k miles
 
Looks like they are securing the vehicle fully loaded as indicated above.
 
I think this is a good deal. I am supposed to sign documents Monday afternoon. If you have any feedback positive or negative please let me know asap.
 
Thanks

#35 of 97 Dealers Against Leasing?? by chaplindog

Dec 02, 2010 (6:48 pm)

Thanks for this forum. Big help.
 
I am in the process of looking for a new car for my wife. We are expecting our 2nd child and need something bigger. Currently she drives a 2005 Volvo V50. We are looking at the Volvo xc70, Cadillac SRX and the GMC terrain. We are interested in a lease as she only drives about 12k per year. I have visited both the GMC and Volvo dealers and both have immediatly shot down the lease idea.
 
Long question short, Is there a reason they are so quick to shot down this idea of leasing? Is ther some incentive for a dealer to push a purchase over a lease? I have only ever purchased and never leased so am open to any and all suggestions. thank you in advance or your assistance.

Messages Page 4 of 11

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