98 messages,
Last post on Jun 17, 2013 at 7:33 PM
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GMC Terrain, Car Buying, Car Leasing, SUV
#60 of 98 Re: Looking to lease a 2011 or 2012 [jerzey]
by Car_man HOST
Sep 25, 2011 (5:59 pm)
Hi jerzey. Ally's current base lease rate and residual value for a 36 month lease of a 2012 GMC Terrain SLE1 4WD with 12,000 miles per year are 1.15% and 53%, respectively.
As you can see, Ally publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
General Motors is not providing lease support on the 2011 version of this truck any longer.
Car_man
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#61 of 98 Re: Terrain Residual and MF [driversedge]
by Car_man HOST
Sep 25, 2011 (6:00 pm)
Thanks driversedge. Please see my previous post for an idea of what this truck's current lease program is like.
I don't believe that General Motors is currently providing any cash incentives on this model.
Car_man
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#62 of 98 October lease rates and residuals
by STOECK
Oct 24, 2011 (7:46 pm)
Car-Man,
Can you please tell me the lease rate and residual on a SLT-1 for a 36 month and 39 month lease?
Thanks!
#63 of 98 New GM rebate available
by artsy0524
Oct 28, 2011 (10:33 am)
$1000.00 GM rebate available for those of us who currently lease a NON-GM vehicle in household! Proof of existing lease is required. whooohoooo! -
#64 of 98 Re: October lease rates and residuals [STOECK]
by Car_man HOST
Nov 14, 2011 (6:11 pm)
Hey STOECK. Ally's current base lease rate and residual value for a 36-month lease of a 2012 GMC Terrain SLT-1 AWD with 15,000 miles per year are 2.1% and 48%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 39-month lease are 2.1% and 46%.
General Motors is currently providing a $475 cash incentive plus the waiver of the first month's payment on 36- to 39-month leases of this truck through Ally.
Car_man
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#65 of 98 realistic expectations??
by jbrown22
Dec 07, 2011 (6:24 pm)
I am trying to lease or buy a 2012 Terrain and need to keep my payment under or around $500/month. I am more specifically interested in the AWD SLT-1 or SLT-2. I prefer to put nothing down or $500 at most. I've been looking at the 39 month leases with the low mileage option. I have never leased or bought a new car and I'm afraid that I'm so clueless that I'm going to be duped. Am I realistic to think I can do either for under $500?
#66 of 98 Re: realistic expectations?? [jbrown22]
by Car_man HOST
Dec 14, 2011 (5:39 pm)
Hi jbrown22. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
I would be happy to give you an idea of how much the exact truck that you are interested in will cost to lease, but in order for me to do so I need you to provide me with its full MSRP and approximate selling price, or at least its MSRP and dealer invoice price.
Car_man
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#67 of 98 2012 SLE-2
by e2p219
Jan 14, 2012 (11:22 am)
Anybody have the latest residual value and money factor for a 2012 SLE-2? This would be in Ohio if it makes a difference. Also is there still any sort of deal for households that hold a lease for a non GM car?
Thanks.
#68 of 98 Re: 2012 SLE-2 [e2p219]
by Car_man HOST
Jan 15, 2012 (11:38 am)
Yes, e2p219, General Motors is currently providing a special $1,000 cash incentive on leases of the 2012 GMC Terrain to consumers who are currently leasing a non-GM product.
Ally's current base lease rate and residual value for a 36-month lease of a 2012 Terrain SLE2 AWD with 15,000 mile per year are 1.08% and 49%, respectively.
As you can see, Ally publishes lease rates instead of money factors for the vehicles that it leases. you can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
In addition to the competitive lease incentive, GM is providing a $1,300 cash incentive on leases of this truck through Ally.
Car_man
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#69 of 98 2012 Terrain SLE-2
by sparty616
Feb 17, 2012 (12:57 pm)
Hi Car Man,
Could you post the latest lease rate and residual for a 2012 Terrain SLE-2 FWD, 39 Month Lease, 15K miles per year?
Also, could you post any current incentives that you see are available? I thought I saw that there was a $2,000 incentive from manufacturer to customer if they had a competitor lease. Is this true? Also, do you know any others?
Appreciate your help.