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Buick Regal, Car Buying, Car Leasing, Sedan
#120 of 274 Re: Regal T06 [rallye350]
May 19, 2011 (3:23 pm)
Hello rallye350. Ally's current base lease rate and residual value for a 36 month lease of a 2011 Buick Regal T06 with 15,000 miles per year are 0.15% and 46%, respectively for consumers who qualify for its top credit tiers.
15,000 miles per year is the highest mileage allowance that Ally publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease end and have to pay an excess mileage penalty.
Yes, you should be able to use your GM Card earnings in addition to the $3,300 cash incentive on leases of this car through Ally.
Prices Paid: Buying & Leasing Experiences Forum
#121 of 274 Lease on 2001 Regal CXL (RL1 model)
May 19, 2011 (6:44 pm)
I am in the process of negotiating a lease in Georgia on a 2011 Regal CXL (RL1 base model) with lis price of $26,995. The lease would be for 39 months, 15K miles/year and no money out of pocket at all. I am told the payment after tax would be $298/mo. Having to go with the non-turbo as the lease prices seem much higher on turbo model due to low residual.
Not sure if this is a good deal or not but would appreciate any feedback.
#122 of 274 Re: Buick Regal Turbo t5 or t6 [Car_man]
May 19, 2011 (7:19 pm)
The last reply took 3-4 days. Is it possible to correspond by email? You can reach me at ads955 at yahoo. Please reply with your name and phone number.
Here is all the pricing info directly from the Buick site:
Price Details in Zip Code:07060
2011 Regal CXL CXL #1 MSRP* starting at $26,360
Destination Freight Charge $860
Options Total $0
Stone Metallic $0
Ebony, leather-appointed seat trim $0
2.4L ECOTECŪ DOHC 4-cylinder engine $0
6-speed automatic transmission $0
AM/FM/XM stereo system with CD and MP3 player $0
Total MSRP $27,220
Total Cash Offers -$500*
Also quote on 2011 Regal CXL CXL #3 Total MSRP $28,065
Total Cash Offers -$500*
#123 of 274 Re: Regal T06 [Car_man]
May 25, 2011 (11:23 am)
Thanks for the info. Please let me know if this calculation then is correct. MSRP = $33,500. Selling price = $32,000. Residual = 46% of $33,500 ($15,410). Cap cost equals $16,590. Can I then use the Ally $3300 allowance and my $2000 in GM Card earnings (bonus and regular earnings) to reduce the cap cost to $11,290? If that's the case, I'm coming to a before tax monthly lease rate right around $300. A few weeks back I had a dealer quoting me over $400 with tax and about $1200 down which seems high given this information. Please point out any error in my calculation or confirm that this is correct. Thanks!
#124 of 274 Re: Regal T06 [rallye350]
May 25, 2011 (11:41 am)
The Cap Cost will be the $32000 minus the $3300 minus the $2000, plus maybe the acquisition fee, dealer fee, taxes, etc.
#125 of 274 Re: Regal T06 [rallye350]
May 25, 2011 (12:53 pm)
As was pointed out, my lingo wasn't quite right, but I don't think that impacts the math. While I'm posting, there is one further question. Based on the incentives page on Edmunds.com, it looks like there is dealer cash available. Do you think that would be available on a lease?
#126 of 274 Re: Regal T06 [rallye350]
May 25, 2011 (12:57 pm)
You can ignore this message. I had an error in the number of payments on the spreadsheet I was using.
#127 of 274 Leased TO7 from Liberty Buick
May 31, 2011 (6:27 pm)
What a deal!!! $3,300 in lease incentives, $1,500 lease/cash incentive from my GM Master Card and the dealer knocked $2,000 off of the price of the car. Dealer add-ons included nitrogen in the tires, sealant finishes on both the inside and outside of the car and see through door edge guards. They paid off my 2009 Buick Lucerne (about $20,000) and rolled all costs into the lease including license, and dealer fees.
I'm paying $374 monthly for 39 months and the only cash I had to come up with was the first month's payment.
I would highly recommend Liberty Buick in Peoria, AZ. to anyone who lives in the Phoenix area. No dickering. They give you their best deal up front. I worked the whole deal over the internet. The only question was the trade-in allowance and they gave me a generous deal.
I will be happy to furnish the internet salesman I dealt with if anyone is interested.
#128 of 274 Buick Regal TO7
May 31, 2011 (6:36 pm)
I forgot to add that I have been really impressed with this vehicle in the short time I have been driving it. It handles like a sports car, it's quiet and the fit and finish is excellent. I got the Stone Metallic finish with the tan interior. Depending on how the light hits the car, it is either a light tan or a light gray. I do believe the car's stying (especially the rear end) will endure for a long time, just like the Acura Legend coupe my wife used to drive.
#129 of 274 Regal CXL #2 lease quote
Jun 02, 2011 (9:56 am)
Here is what I have for my Regal CXL#2 Quote.
Rebate is at $2700
Trade in value $10350 (owe 8160)
MSRP is 27995, selling price is 27315 (includes my supplier discount).
Lease is through Ally 39month/15k miles per year and a 45% residual value.
298 a month with about 806 due at signing.
Do these numbers add up? Not sure if I am happy with the deal. If I could get the dealer down anothe 2k I am more willing.