2016 GMC Yukon Lease Questions

kyfdx

dreamnofmdx said:

I was just quoted the following for a Yukon Denali XL:
82k msrp with 10k off for a purchase price of 72k. They are telling me that because of the 10k off, the lease terms are different. So the MF and Residual they quoted is 0.0024374 at a residual of 54% for 10k miles. That sounded like a crap deal to me. The 10k off is great but the numbers almost make it not worth it, am I right?

Seems like they went through a different bank than GM Financial, so they could get a big rebate (to lower the price).

club619

Michaell said:

club619 said:

Oddly enough I was just quoted at 61% residual for a 36mo/10k lease on a 2WD SLT here in Texas. Are there different rates here vs nationally?

Not that I'm aware of.

But, I've been wrong before...

Could you share what the current MF & % is for 36/10 on a 2WD SLT in Texas?

Michaell

club619 said:

Michaell said:

club619 said:

Oddly enough I was just quoted at 61% residual for a 36mo/10k lease on a 2WD SLT here in Texas. Are there different rates here vs nationally?

Not that I'm aware of.

But, I've been wrong before...

Could you share what the current MF & % is for 36/10 on a 2WD SLT in Texas?

.00152 and 66%

club619

Michaell said:

Oddly enough I was just quoted at 61% residual for a 36mo/10k lease on a 2WD SLT here in Texas. Are there different rates here vs nationally?

Not that I'm aware of. But, I've been wrong before...

Could you share what the current MF & % is for 36/10 on a 2WD SLT in Texas?

.00152 and 66%

Looks like those numbers are only through US Bank. The local dealers are only using GM financial, which has same MF, but are at 61% for residual for those same terms. 

Any way to find which dealers use US Bank?

Michaell

club619 said:

Michaell said:

Oddly enough I was just quoted at 61% residual for a 36mo/10k lease on a 2WD SLT here in Texas. Are there different rates here vs nationally?

Not that I'm aware of.

But, I've been wrong before...

Could you share what the current MF & % is for 36/10 on a 2WD SLT in Texas?

.00152 and 66%


Looks like those numbers are only through US Bank. The local dealers are only using GM financial, which has same MF, but are at 61% for residual for those same terms. 

Any way to find which dealers use US Bank?

It is up to the dealer to decide which bank to use. Often, they will use the bank that results in the best payment for the customer. But, there are times where there are incentives for the dealer to use a particular bank.

dreamnofmdx

kyfdx said:

dreamnofmdx said:

I was just quoted the following for a Yukon Denali XL:
82k msrp with 10k off for a purchase price of 72k. They are telling me that because of the 10k off, the lease terms are different. So the MF and Residual they quoted is 0.0024374 at a residual of 54% for 10k miles. That sounded like a crap deal to me. The 10k off is great but the numbers almost make it not worth it, am I right?

Seems like they went through a different bank than GM Financial, so they could get a big rebate (to lower the price).

They are telling me it is through GM financial...

kyfdx

The only way to know for sure, is to shop another dealer.

cyno

Any October #'s?
2WD Yukon SLT, 36/12

kyfdx

cyno said:

Any October #'s?
2WD Yukon SLT, 36/12

.00152 MF and 60% residual

jboji514

How is this deal:

2016 Yukon SLE 4WD
MSRP: $56,780 (conv pkg, driver alert pkg and 22" wheels)
Term: 36 months/10 miles per year
Payment: $429 inc tax (6% here in MI)
Due at signing: $1,000 (includes 1st month payment, doc fee etc...)
**Dealer added leather and heated seats to SLE
**I qualify for GM Employee and lease loyalty
**Dealer is paying one payment ($369) of a previous lease to entice me
**Metro Detroit dealer

Am I leaving anything in the table? I was hoping with a 68% residual that the payment would be lower but the MF is large part of the monthly payment.

Thanks for the help this forum is AWESOME!

Michaell

jboji514 said:

How is this deal:

2016 Yukon SLE 4WD
MSRP: $56,780 (conv pkg, driver alert pkg and 22" wheels)
Term: 36 months/10 miles per year
Payment: $429 inc tax (6% here in MI)
Due at signing: $1,000 (includes 1st month payment, doc fee etc...)
**Dealer added leather and heated seats to SLE
**I qualify for GM Employee and lease loyalty
**Dealer is paying one payment ($369) of a previous lease to entice me
**Metro Detroit dealer

Am I leaving anything in the table? I was hoping with a 68% residual that the payment would be lower but the MF is large part of the monthly payment.

Thanks for the help this forum is AWESOME!

What is the adjusted cap cost?

And, $429/mo on a $57K vehicle is a pretty decent payment - I'm guessing the way discounted price you are eligible for is helping this.

jboji514

Michaell said:

jboji514 said:

How is this deal:

2016 Yukon SLE 4WD
MSRP: $56,780 (conv pkg, driver alert pkg and 22" wheels)
Term: 36 months/10 miles per year
Payment: $429 inc tax (6% here in MI)
Due at signing: $1,000 (includes 1st month payment, doc fee etc...)
**Dealer added leather and heated seats to SLE
**I qualify for GM Employee and lease loyalty
**Dealer is paying one payment ($369) of a previous lease to entice me
**Metro Detroit dealer

Am I leaving anything in the table? I was hoping with a 68% residual that the payment would be lower but the MF is large part of the monthly payment.

Thanks for the help this forum is AWESOME!

What is the adjusted cap cost?

And, $429/mo on a $57K vehicle is a pretty decent payment - I'm guessing the way discounted price you are eligible for is helping this.

I am heading to the dealer to get the info...Working backwards where do you think it should be?

Michaell

jboji514 said:

Michaell said:

jboji514 said:

How is this deal:

2016 Yukon SLE 4WD
MSRP: $56,780 (conv pkg, driver alert pkg and 22" wheels)
Term: 36 months/10 miles per year
Payment: $429 inc tax (6% here in MI)
Due at signing: $1,000 (includes 1st month payment, doc fee etc...)
**Dealer added leather and heated seats to SLE
**I qualify for GM Employee and lease loyalty
**Dealer is paying one payment ($369) of a previous lease to entice me
**Metro Detroit dealer

Am I leaving anything in the table? I was hoping with a 68% residual that the payment would be lower but the MF is large part of the monthly payment.

Thanks for the help this forum is AWESOME!

What is the adjusted cap cost?

And, $429/mo on a $57K vehicle is a pretty decent payment - I'm guessing the way discounted price you are eligible for is helping this.

I am heading to the dealer to get the info...Working backwards where do you think it should be?

36/10 on Yukon SLE is .00152 and 66%.

Working backwards, that gives me an adjusted cap cost of $47,400 to get $429/mo with tax

kyfdx

@jboji514 If that's the actual deal when you get there, you should come home with it.

contourrob

Can you please share the October lease rates for Yukon SLT 2WD: 36 months, 12k and 15k? Thank you!

kyfdx

contourrob said:

Can you please share the October lease rates for Yukon SLT 2WD: 36 months, 12k and 15k? Thank you!

.00152 MF and 60%/58% residual

gthomasbaldwin

Could you provide MF and residual on a Yukon XL Denali in Las Vegas. 36 month, 12k and 15k please.
thank you

Michaell

gthomasbaldwin said:

Could you provide MF and residual on a Yukon XL Denali in Las Vegas. 36 month, 12k and 15k please.
thank you

.00152 and 56% or 54%. $700 lease cash.

andersonm15

Could you provide me with MF and Residual on 2016 Yukon 4wd Denali located in MA 39/12k...Thanks

warbern

Could you please tell me the MF and Residual for a 2016 Yukon Denali 2WD in Los Angeles on a 24/10 and 24/7.5 lease? Thanks so much!

Michaell

andersonm15 said:

Could you provide me with MF and Residual on 2016 Yukon 4wd Denali located in MA 39/12k...Thanks

.00152 and 58%

Michaell

warbern said:

Could you please tell me the MF and Residual for a 2016 Yukon Denali 2WD in Los Angeles on a 24/10 and 24/7.5 lease? Thanks so much!

.00202 and 64% for 24/10.

No 7.5K option for GMC.

warbern

Thanks so much Michaell. Could you also please tell me what the MF and Residual would be in Los Angeles for a 2016 SLT on a 24/10? Also, if there is a sweet spot on the SLT lease, could you tell me what term that would be (36 month, 39 month, etc...)? Thanks so much!

Michaell

warbern said:

Thanks so much Michaell. Could you also please tell me what the MF and Residual would be in Los Angeles for a 2016 SLT on a 24/10? Also, if there is a sweet spot on the SLT lease, could you tell me what term that would be (36 month, 39 month, etc...)? Thanks so much!

.00202 and 69%

36 months is the sweet spot - .00152 and 61% (Denali 36/10) or 66% (SLT 36/10)

kyfdx

warbern said:

Thanks so much Michaell. Could you also please tell me what the MF and Residual would be in Los Angeles for a 2016 SLT on a 24/10? Also, if there is a sweet spot on the SLT lease, could you tell me what term that would be (36 month, 39 month, etc...)? Thanks so much!

It's the same program as the Denali.

36 or 39 months would be much cheaper than 24.

Michaell

kyfdx said:

warbern said:

Thanks so much Michaell. Could you also please tell me what the MF and Residual would be in Los Angeles for a 2016 SLT on a 24/10? Also, if there is a sweet spot on the SLT lease, could you tell me what term that would be (36 month, 39 month, etc...)? Thanks so much!

It's the same program as the Denali.

36 or 39 months would be much cheaper than 24.

Ah, that's right. SLE is the trim level I quoted, above.

warbern

Ok, so the 66% residual is for the SLE. Got it. Man that's quite a difference. What are the numbers on the 39 month for the SLT/Denali if you don't mind my asking? Thanks again!

Michaell

warbern said:

Ok, so the 66% residual is for the SLE. Got it. Man that's quite a difference. What are the numbers on the 39 month for the SLT/Denali if you don't mind my asking? Thanks again!

Subtract 2% from the 36 month residual for 39 months.

jesster444

This relates to a well equipped Yukon Denali. I was wondering if someone here could help me determine whether this is a good deal for a lease and/or if I should purchase instead.

Lease Quote
Term: 36 Months
Annual Mileage: 12k
MSRP: $78,555
Dealer Discount: $8,056
Net Selling Price: $70,499
Lease Cash: $500
Other Incentives: $500
Taxes, Tag and Title: $2,682.72 (this is being added into the Net Cap Cost)
Acquisition Fee: $595
Net Cap Cost: $73,277
Residual 60%/$47,133

Monthly Payment: $1,010.38 (only amount due at signing).

Purchase:
GMC is running a 72 month/0% interest financing option. I haven't got a quote on a purchase, but I imagine the Net Selling Price would be similar and so would the taxes, tag and title.

If I am calculating things correctly, it looks like my money factor on the lease is approximately .00237, which seems like the dealer is marking it up substantially based off the money factors I have seen posted above. Am I doing my math right? Is the money factor for this vehicle and term still .00152.

Any thoughts and help would be appreciated. Thanks.

kyfdx

jesster444 said:

This relates to a well equipped Yukon Denali. I was wondering if someone here could help me determine whether this is a good deal for a lease and/or if I should purchase instead.

Lease Quote
Term: 36 Months
Annual Mileage: 12k
MSRP: $78,555
Dealer Discount: $8,056
Net Selling Price: $70,499
Lease Cash: $500
Other Incentives: $500
Taxes, Tag and Title: $2,682.72 (this is being added into the Net Cap Cost)
Acquisition Fee: $595
Net Cap Cost: $73,277
Residual 60%/$47,133

Monthly Payment: $1,010.38 (only amount due at signing).

Purchase:
GMC is running a 72 month/0% interest financing option. I haven't got a quote on a purchase, but I imagine the Net Selling Price would be similar and so would the taxes, tag and title.

If I am calculating things correctly, it looks like my money factor on the lease is approximately .00237, which seems like the dealer is marking it up substantially based off the money factors I have seen posted above. Am I doing my math right? Is the money factor for this vehicle and term still .00152.

Any thoughts and help would be appreciated. Thanks.

What state is this? It's possible that the full taxes aren't accounted for in the NET CAP.

0%/72 month payment would be $1018/mo.
Not sure I'd lease, even at $900/mo., if I could get that.
(assuming you can purchase at the NET CAP)

jesster444

kyfdx said:

jesster444 said:

This relates to a well equipped Yukon Denali. I was wondering if someone here could help me determine whether this is a good deal for a lease and/or if I should purchase instead.

Lease Quote
Term: 36 Months
Annual Mileage: 12k
MSRP: $78,555
Dealer Discount: $8,056
Net Selling Price: $70,499
Lease Cash: $500
Other Incentives: $500
Taxes, Tag and Title: $2,682.72 (this is being added into the Net Cap Cost)
Acquisition Fee: $595
Net Cap Cost: $73,277
Residual 60%/$47,133

Monthly Payment: $1,010.38 (only amount due at signing).

Purchase:
GMC is running a 72 month/0% interest financing option. I haven't got a quote on a purchase, but I imagine the Net Selling Price would be similar and so would the taxes, tag and title.

If I am calculating things correctly, it looks like my money factor on the lease is approximately .00237, which seems like the dealer is marking it up substantially based off the money factors I have seen posted above. Am I doing my math right? Is the money factor for this vehicle and term still .00152.

Any thoughts and help would be appreciated. Thanks.

What state is this? It's possible that the full taxes aren't accounted for in the NET CAP.

0%/72 month payment would be $1018/mo.
Not sure I'd lease, even at $900/mo., if I could get that.
(assuming you can purchase at the NET CAP)

This is in Southern Illinois. Now that I think about it, the taxes, tag and title would likely be higher for a purchase than a lease since I am probably taxed on the full value of the car, correct?

Unfortunately, the 0%/72 month deal expired yesterday. So are the lease terms I am being offered not very favorable? Was I correct that the dealer is marking up the money factor significantly? Any suggestions on what a favorable lease term would look like on a Denali with that MSRP? Thanks.

kyfdx

jesster444 said:

kyfdx said:

jesster444 said:

This relates to a well equipped Yukon Denali. I was wondering if someone here could help me determine whether this is a good deal for a lease and/or if I should purchase instead.

Lease Quote
Term: 36 Months
Annual Mileage: 12k
MSRP: $78,555
Dealer Discount: $8,056
Net Selling Price: $70,499
Lease Cash: $500
Other Incentives: $500
Taxes, Tag and Title: $2,682.72 (this is being added into the Net Cap Cost)
Acquisition Fee: $595
Net Cap Cost: $73,277
Residual 60%/$47,133

Monthly Payment: $1,010.38 (only amount due at signing).

Purchase:
GMC is running a 72 month/0% interest financing option. I haven't got a quote on a purchase, but I imagine the Net Selling Price would be similar and so would the taxes, tag and title.

If I am calculating things correctly, it looks like my money factor on the lease is approximately .00237, which seems like the dealer is marking it up substantially based off the money factors I have seen posted above. Am I doing my math right? Is the money factor for this vehicle and term still .00152.

Any thoughts and help would be appreciated. Thanks.

What state is this? It's possible that the full taxes aren't accounted for in the NET CAP.

0%/72 month payment would be $1018/mo.
Not sure I'd lease, even at $900/mo., if I could get that.
(assuming you can purchase at the NET CAP)

This is in Southern Illinois. Now that I think about it, the taxes, tag and title would likely be higher for a purchase than a lease since I am probably taxed on the full value of the car, correct?

Unfortunately, the 0%/72 month deal expired yesterday. So are the lease terms I am being offered not very favorable? Was I correct that the dealer is marking up the money factor significantly? Any suggestions on what a favorable lease term would look like on a Denali with that MSRP? Thanks.

The tax looks about right for a lease, then.
Yes, the tax would be about $2500-$3000 higher on a purchase.

I agree with your assessment of the money factor. Looks to be marked up quite a bit. With .00152, I get around $910/mo.

It's either that, or there is a different program in So.Illinois that we don't have. Either way, I wouldn't lease at that price.

htseng

got a quote on a 2017 Yukon XL denali lease today for 39 months. 12000 miles per year. MF 0.00202
Does that MF sound high?

kyfdx

htseng said:

got a quote on a 2017 Yukon XL denali lease today for 39 months. 12000 miles per year. MF 0.00202
Does that MF sound high?

We don't have 2017 Yukon lease information, this month. But, considering the 2016 model MF is .00152, it wouldn't surprise me.

tadders1

2016 Denali AWD. MF: 0.00152 amd Residual: 60%? On a 36/12. Just checking facts. Thanks

Michaell

tadders1 said:

2016 Denali AWD. MF: 0.00152 amd Residual: 60%? On a 36/12. Just checking facts. Thanks

I confirm those numbers for October.

tadders1

Are there a different set of numbers for 4x2 vs 4x4? Or are we looking at 60% and 0.00152 for a 36/12?

Michaell

tadders1 said:

Are there a different set of numbers for 4x2 vs 4x4? Or are we looking at 60% and 0.00152 for a 36/12?

Same numbers.

jonjon11

I am running the lease numbers on a Yukon denali at a local dealer - there are a few units listed on the GM Factory website that show 'GM Special Offer' with 'factory reduction below MSRP' and 'Customer Cash' of significant amounts (nearly $8000 together). the other vehicles listed on the site show the standard MSRP and basic rebate of $1000. This is not the dealer site, it is the factory site's inventory search. Is this just marketing confusion or does this represent real $$ that I can use to reduce my cap cost on top of any additional negotiations?

Michaell

jonjon11 said:

I am running the lease numbers on a Yukon denali at a local dealer - there are a few units listed on the GM Factory website that show 'GM Special Offer' with 'factory reduction below MSRP' and 'Customer Cash' of significant amounts (nearly $8000 together). the other vehicles listed on the site show the standard MSRP and basic rebate of $1000. This is not the dealer site, it is the factory site's inventory search. Is this just marketing confusion or does this represent real $$ that I can use to reduce my cap cost on top of any additional negotiations?

Hard to say. Often, prices you see on the 'net often include purchase-only incentives.

"Trust, but verify" - call the dealer and ask them to confirm the cap cost for the units in question.

MG

Can I get the MF and residual for a 2016 Yukon XL SLT MSRP around $73k for Iowa (52403)? 36 and 39 month 12k lease?

Also any thoughts on a $73k MSRP being sold for $65.5k with Costco pricing? Ok deal or should we push more?

Michaell

MG said:

Can I get the MF and residual for a 2016 Yukon XL SLT MSRP around $73k for Iowa (52403)? 36 and 39 month 12k lease?

Also any thoughts on a $73k MSRP being sold for $65.5k with Costco pricing? Ok deal or should we push more?

.00152 and 60% / 55%

Don't know about pricing on the Yukon XL - can't tell you if that's a good discount or not.

cyno

Any November #'s on Yukon SLT 36/12?

kyfdx

cyno said:

Any November #'s on Yukon SLT 36/12?

No lease numbers for the 2016 Yukon.

jjstevenson

Any 2017 numbers? Was looking at Yukon SLE 36/10 or 36/12 in Florida.

Thanks!!

kyfdx

jjstevenson said:

Any 2017 numbers? Was looking at Yukon SLE 36/10 or 36/12 in Florida.

Thanks!!

Please re-post in the 2017 discussion, here:
http://forums.edmunds.com/discussion/43459/gmc/yukon/2017-gmc-yukon-lease-questions/p1?new=1

Thanks!

homerrulez

Hello,

any lease numbers on 2016 awd denali?

looking for 10k miles per year for 24, 36, 39 and 42 months

Thank you

Michaell

homerrulez said:

Hello,

any lease numbers on 2016 awd denali?

looking for 10k miles per year for 24, 36, 39 and 42 months

Thank you

There are no 2016 Yukon numbers for November.

jcritch100

2016 Yukon sle 4wd . Residual ? 39 months 15 k miles in NJ  

Michaell

jcritch100 said:

2016 Yukon sle 4wd . Residual ? 39 months 15 k miles in NJ  

No 2016 Yukon lease numbers.