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GMC Terrain Lease Questions

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  • MichaellMichaell ColoradoPosts: 8,056

    Kyfdx - Could you please provide MF and Residual info for Terrain Denali for NJ. I am looking for 24 month lease with either 12k or 15k miles / year. Thanks so much. I am looking to take advantage of costco program if that makes sense.

    2015 numbers only - 1.70% and 68% for 24/12. Add 2% for 12K. $1500 lease cash.

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  • Hi, just leased a 2015 SL1 in Sunrise FL. 24 mos./10k miles. $143/month with 0 down.

    Gross Cap cost $26,438 ($25843 MSRP +595 Acquisition fee)
    rebates/incentives $4,250 (turned Explorer that was at end of lease)
    cap cost $22,188
    residual $19,239
    money factor = .0004545

    i paid up front
    $152.22 (incl tax) first month
    $255 interest on $4,250 rebates/incentives
    $350 tag/title (will get refund wont be $350..probably more like $250 based on explorer lease)
    $649 doc fee
    $60 Florida charge
    $8.50 tire fees
    $110 - Dealer admin fees

    total fees were $1,634...I felt this was high, so I negotiated down to $1,450, but still felt like I was getting "fee'd" to death. The lease felt like a good deal (im sure because of the high residual, but I'm not going to argue - wont be buying at lease end), but did i pay too much in fees, or could i have done better overall??

    thanks

  • how does this look? this is what i am being offered for a 2015 terrain MSRP $27485.00 actual price $24915.00

    36 month lease at 12k miles per year

    APR 1.4%

    residual = $16216.15

    Total Tax $916.02

    Drive off is as follows;

    First Payment ---------- $182.56

    Tax upfront ---------------- $373.50

    DMV -------------------------$271.75

    Security deposit ---------- $200

    Total drive off is --------- $1,027.81

    Payment w/o tax -------- $167.49

    Payment with tax ------- $182.56

    make sense?


  • kyfdxkyfdx Posts: 31,090
    ashcourt1 said:

    how does this look? this is what i am being offered for a 2015 terrain MSRP $27485.00 actual price $24915.00

    36 month lease at 12k miles per year

    APR 1.4%

    residual = $16216.15

    Total Tax $916.02

    Drive off is as follows;

    First Payment ---------- $182.56

    Tax upfront ---------------- $373.50

    DMV -------------------------$271.75

    Security deposit ---------- $200

    Total drive off is --------- $1,027.81

    Payment w/o tax -------- $167.49

    Payment with tax ------- $182.56

    make sense?



    It looks great... .why so much tax upfront? Is that tax on a rebate? Seems high, even for that?

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    Prices Paid, Lease Questions, SUVs

  • Yes i am trying to clarify with the dealer.thank you for your input.
  • samny1samny1 Posts: 38
    Does anyone have the MF and RV on a 2015 Terrain Denali with the V6 and with the V4 at 36 months and 15K per year
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