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GMC Terrain Lease Questions

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

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

Messages Page 5 of 10

#37 of 97 December 2011 GMC Terrain Lease by jmarks2001

Dec 07, 2010 (10:57 am)

I'd like to know the residual and APR I should expect to get on a 12,000 mile/39-month lease on a 2011 Terrain SLT-1 for the month of December 2010. And if it matters, I'm in FL.
 
On a model with the additional Power Rear Lift Gate and Sunroof options, they provided me with an MSRP quote of $29,885. With a $2000 cap-cost reduction (not including first payment), the lease quote came to $461 per month (after 7.5% sales tax).
 
My plan is to try to talk them down to Edmunds TMV, but I'd like to have the exact residual and APR so I can do my own calculations before I go in to negotiate.
 
Thanks in advance!

#38 of 97 Re: December 2011 GMC Terrain Lease [jmarks2001] by Car_man HOST

Dec 21, 2010 (5:44 pm)

Replying to: jmarks2001 (Dec 07, 2010 10:57 am)
Hi jmarks2001. Ally's December base lease rate and residual value for a 39 month lease of a 2011 GMC Terrain SLT1 AWD with 12,000 miles per year are 2.5% and 52%, respectively.
 
Good luck in your negotiations.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#39 of 97 Best Lease Price for GMC Terrain - NH by phorts

Jan 03, 2011 (9:29 pm)

Kali
Banana Bread
Car Vacuum
 
Wife and I have our first baby on the way and are trading in the Maxima for a more fuel efficent and practical vehicle. Looking at a GMC Terrain (Tried Equinox and Rav4). New to leasing and figured we would go this route to get my wife a new, reliable, safe AWD vehicle for New Hampshire driving and she just loves this car. But, the dealer we visited today nearly crushed our dreams with his quote of $500/mo lease pmnt (and that was 48 Months! Sounds NUTS!) I owe $5400 on my Maxima and KBB says it's worth $2500 in poor condition for trade, so i'm upside down..but still.
 
So, we were quoted 50% Residual and didnt catch the Rate factor they were using. It was a 2011 GMC Terrain SLT1 i4 for around $31k.
 
They said the new lease rates come out tomorrow (Jan 4th) but they usually dont change much, if at all.
 
Any incentives that we should know about? A lot harder than purchasing a car because it's so hard to compare with all factors involved. At least if i know the constants (MF and Res) and I get a good idea on TMV, and some good incentives come out, I'm hoping to negotiate a price MUCH closer to $400/mo. Is that reasonable or should we start looking at other options?
 
Thanks for your advice!

#40 of 97 Re: Best Lease Price for GMC Terrain - NH [phorts] by phorts

Jan 04, 2011 (8:53 am)

Replying to: phorts (Jan 03, 2011 9:29 pm)
Oops, got some of my To Do list in there! That Banana Bread was tastey though!

#41 of 97 Re: Best Lease Price for GMC Terrain - NH [phorts] by kyfdx HOST

Jan 04, 2011 (5:03 pm)

Replying to: phorts (Jan 04, 2011 8:53 am)
I thought maybe that was a coded message, being left for..... well... wasn't sure... maybe, a Jason Bourne kind of thing...

#42 of 97 2011 Terrain SLE-2 AWD by hwanger12

Jan 05, 2011 (6:25 pm)

Hi,
 
This is my first post here. Is it possible to get a 2011 Terrain SLE-2 AWD, MSRP $28,545, for under $400? 12k miles/yr

#43 of 97 Re: 2011 Terrain SLE-2 AWD [hwanger12] by hwanger12

Jan 05, 2011 (7:28 pm)

Replying to: hwanger12 (Jan 05, 2011 6:25 pm)
Sorry. With $0 down.

#44 of 97 2011 Terrain SLT-1 AWD by beach15

Feb 22, 2011 (2:17 pm)

What are the current rates/residuals on a 2011 Terrain SLT-1 AWD for 36 & 39 month terms, both 12k & 15k? Any other cash available for leases?
 
Thanks, this would be in zip 19966.

#45 of 97 Re: 2011 Terrain SLT-1 AWD [beach15] by Car_man HOST

Feb 22, 2011 (5:46 pm)

Replying to: beach15 (Feb 22, 2011 2:17 pm)
Here's the information that you're looking for, beach15. Ally's current base lease rate and residual value for a 36 month lease of a 2011 GMC Terrain SLT1 AWD with 15,000 miles per year are 1.15% and 50%, respectively.
 
The numbers for an otherwise identical 39 month lease are 1.15% and 48%.
 
If you were to lease this truck with only 12,000 miles per year, its residual values would be 2% higher.
 
I don't believe that General Motors is currently providing any cash incentives on leases of this truck through Ally.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#46 of 97 SLE-1 Lease numbers by cdil

Mar 11, 2011 (3:30 pm)

Hey Car_man can you provide Ally's latest rates (residual & money factor) for a SLE-1, 39 mo, 12k miles?
 
Thanks!

Messages Page 5 of 10

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