Has anyone leased this vehicle?

[Ismellsteak]

Love the new design and I was looking into a Denali. I haven't seen any numbers as far as leases go.

 

[mikemal565]

Depending how much you put down, your in the 900 dollar range.....
I leased with Ally and did $15,000 miles a year 48months....it would be cheaper if you could do 10k or 12k....

The final price for the truck was 37k and some change.

 

[Sho'Tyme]

Wow 900 a month I'll rather buy for that much ...

 

[Pockets]

My payment ain't even that high.

 

[mikemal565]

This was based on the Denali version....
MSRP was almost $73k...I walked at $68,250....

The buy was almost at 1,200

 

[sevTahoe]

A great way to know if you're getting a good lease deal...

http://www.realcartips.com/leasing/0439-good-lease-deal.shtml

 

[sevTahoe]

To use mikemal's example and the rules of thumb offered in the article that I linked above, on a $73k MSRP vehicle, with a 36 month lease, 15k mile per year, $0 cash down (excluding first month's payment, license/reg, and delivery fee), you're looking at a payment between $912 (7.3 x $125) and $985 (7.3 x $135) for a "great" and "fair" deal, respectively (before tax). For me, I would probably walk on a deal above $950, as you could do better.

Whatever cash you put down (which you shouldn't ever on a lease), you just divide by 36 and lower the monthly payment by the remaining amount.

 

[PeteKT]

Dealer wanted $920 a month on a 2015 LTZ with every option available in Diamond White, ended up turning my 2013 LTZ back 18 month early and got the 2015 for $700 a month after some bargening and the GM executive discount.

 

[sevTahoe]

Dealer wanted $920 a month on a 2015 LTZ with every option available in Diamond White, ended up turning my 2013 LTZ back 18 month early and got the 2015 for $700 a month after some bargening and the GM executive discount.

What did you put down, what was the MSRP, what are the terms of the lease, and how much equity did you have on the 2013? Without that information, it's meaningless to just focus on the payment amount.

 

[hosseface]

What did you put down, what was the MSRP, what are the terms of the lease, and how much equity did you have on the 2013? Without that information, it's meaningless to just focus on the payment amount.

x2.

 

[Steve1081]

Sounds like the other was a lease return? So I sound there was equity...

 

[sevTahoe]

Sounds like the other was a lease return? So I sound there was equity...

Generally very true, but it's possible to have equity on a lease when the vehicle's trade-in value is greater than the payoff amount due to a (generally large) cash down payment and/or a rising residual value (as Tahoes tend to have).

See: http://www.edmunds.com/car-leasing/3-ways-to-turn-your-lease-into-cash.html

The bottom line here is that the dealer did not just decide to offer a $220 discount on the monthly payment because the buyer's a swell guy. Doesn't pass the smell test and it's going to confuse a lot of shoppers into thinking they're getting "screwed" on a deal because they've been misled (even if unintentionally). These are expensive trucks and the costs to lease or own are going to be very high! And that's without even considering the fuel

My 2015 LT with an MSRP just under 60k (pretty fully loaded), w/ 15k per year, 36 mos, $0 cash down, has a payment of $765 before tax. Hope this helps.

 

[runutzzzzz]

I leased a 15' Denali XL 4x4 with no options. $69,800 MSRP

VA Taxes 4% ~$2500 & Dealer fees $600 Rolled in

First Payment + $2000 GM Card rebate down - Paid for Tire Warranty & Lease Protect out of pocket.

$799 / Month - 39 Months - 12k

Also I was looking at a Escalade ESV Luxury 4x4 MSRP $83k

$897.00 $3000 down, VA taxes Rolled in.

 

[b4z]

in January I got 2 lease proposals on a 2 different srx trims. one proposal had the rate at 1.51% and the other at 2.21%. when I called them on it, it made about a $15 mo. difference on a $36K cuv. so keep an eye on that.

also figure about $26-30 mo per $1K you borrow or put down as a cap reduction. If you put down $3K its going to Drop your payment almost $90mo.

 

[sevTahoe]

I leased a 15' Denali XL 4x4 with no options. $69,800 MSRP



VA Taxes 4% ~$2500 & Dealer fees $600 Rolled in



First Payment + $2000 GM Card rebate down - Paid for Tire Warranty & Lease Protect out of pocket.



$799 / Month - 39 Months - 12k



Also I was looking at a Escalade ESV Luxury 4x4 MSRP $83k



$897.00 $3000 down, VA taxes Rolled in.

$799 including tax?