2016 GMC Sierra Lease Questions

Michaell

Ask your 2016 Sierra lease questions, here!

shoopaman

Greetings,
What is the most discount $ amount or % we can expect off of the MSRP, for a Lease? is it possible to get to about $8k or 12% off of the MSRP? Or is this an unheard of discount level for lease? Trying to get to certain payment given the current RV and MF. Are the manufacturers' MF/Interest rate the best there is on leases? Can the dealer shop around for better MF/Interest rates?

kyfdx

shoopaman said:

Greetings,
What is the most discount $ amount or % we can expect off of the MSRP, for a Lease? is it possible to get to about $8k or 12% off of the MSRP? Or is this an unheard of discount level for lease? Trying to get to certain payment given the current RV and MF. Are the manufacturers' MF/Interest rate the best there is on leases? Can the dealer shop around for better MF/Interest rates?

The dealer can shop around.. he has a computer program that compares all of the banks that offer leases on a vehicle. It's rare that an independent bank can offer better terms on most vehicles.

Sorry, but no idea on pricing.

buster6

Hi,

Could I get the current lease program/lease cash on a 2016 Sierra Denali Crew Cab 4X2? Looking for 12k per year on a 24, 30 and 36 month lease.

Thank You in advance!!

Michaell

buster6 said:

Hi,

Could I get the current lease program/lease cash on a 2016 Sierra Denali Crew Cab 4X2? Looking for 12k per year on a 24, 30 and 36 month lease.

Thank You in advance!!

No 30 month program; will provide 27 month numbers instead.

24/12 - .00198 and 75%
27/12 - .00198 and 74%
36/12 - .00148 and 71%

atos2012

@Michaell Good morning, are the numbers the same for 2016 Sierra Denali Crew Cab 6.2L 4X4? 36/12 zipcode 92612.

kyfdx

atos2012 said:

@Michaell Good morning, are the numbers the same for 2016 Sierra Denali Crew Cab 6.2L 4X4? 36/12 zipcode 92612.

.00148 MF and 72% residual.

atos2012

atos2012 said:

@Michaell Good morning, are the numbers the same for 2016 Sierra Denali Crew Cab 6.2L 4X4? 36/12 zipcode 92612.

Do they allow MSDs if yes, how many?

kyfdx

atos2012 said:

atos2012 said:

@Michaell Good morning, are the numbers the same for 2016 Sierra Denali Crew Cab 6.2L 4X4? 36/12 zipcode 92612.

Do they allow MSDs if yes, how many?

Not that we know of.

bgosnell

Any change to lease program this month?  Looking for 2016 Crewcab 4x4 Denali and SLT numbers for 36/12. 

valeyard

shoopaman said:

Greetings,
What is the most discount $ amount or % we can expect off of the MSRP, for a Lease? is it possible to get to about $8k or 12% off of the MSRP? Or is this an unheard of discount level for lease? Trying to get to certain payment given the current RV and MF. Are the manufacturers' MF/Interest rate the best there is on leases? Can the dealer shop around for better MF/Interest rates?

It depends, but yes. I just did that on a 2016 Sierra 1500 Denali 4WD. It was fairly loaded, MSRP of about $61.1k. My lease was through GM Financial, for 36 months. I ended up with over $8k off, including $2k in incentives ($500 lease cash plus $1,500 in factory discount coupons my dealer applied to the deal).

I'm in Eastern WA state. The dealers around here tend to be......squirrelly. So after a lot of nonsense, I decided to save some time and used TrueCar's pricing service. I used a zip code for each major market in my region using the approximate truck build I wanted. I then customized the incentives listed to remove purchase only discounts. I found one in western WA that showed $6.5k off. I figured that would be a good starting point, so I pulled the trigger and TrueCar sent my contact information out to three unnamed dealers (one of which had the $6.5k discount). I quickly divined the one with the superior pricing and worked with them. I went over on the 28th, and closed the deal. I even had the good luck that a friend of mine was driving over to that general area at the time. So I saved almost $200 on airfare for the trip (Bought him a tank of gas for his WRX, and lunch at a Hop Jacks).

Had that failed, my fall back probably would have been one of the big internet dealers in the midwest, like Laura Buick GMC. They have gigantic no hassle discounts for purchase, and most likely would be competitive for a lease as well. Although you may have some very aggressive dealers in your back yard spending on location.

shoopaman

Nice!!! Exactly the deal I'm looking for. So I'm not too far off... Congrats, what color did you get? I'm so jelly! did you put any money down? Sent you msg please reply. I assume you have top tier credit?

thx,

valeyard said:

shoopaman said:

Greetings,
What is the most discount $ amount or % we can expect off of the MSRP, for a Lease? is it possible to get to about $8k or 12% off of the MSRP? Or is this an unheard of discount level for lease? Trying to get to certain payment given the current RV and MF. Are the manufacturers' MF/Interest rate the best there is on leases? Can the dealer shop around for better MF/Interest rates?

It depends, but yes. I just did that on a 2016 Sierra 1500 Denali 4WD. It was fairly loaded, MSRP of about $61.1k. My lease was through GM Financial, for 36 months. I ended up with over $8k off, including $2k in incentives ($500 lease cash plus $1,500 in factory discount coupons my dealer applied to the deal).

I'm in Eastern WA state. The dealers around here tend to be......squirrelly. So after a lot of nonsense, I decided to save some time and used TrueCar's pricing service. I used a zip code for each major market in my region using the approximate truck build I wanted. I then customized the incentives listed to remove purchase only discounts. I found one in western WA that showed $6.5k off. I figured that would be a good starting point, so I pulled the trigger and TrueCar sent my contact information out to three unnamed dealers (one of which had the $6.5k discount). I quickly divined the one with the superior pricing and worked with them. I went over on the 28th, and closed the deal. I even had the good luck that a friend of mine was driving over to that general area at the time. So I saved almost $200 on airfare for the trip (Bought him a tank of gas for his WRX, and lunch at a Hop Jacks).

Had that failed, my fall back probably would have been one of the big internet dealers in the midwest, like Laura Buick GMC. They have gigantic no hassle discounts for purchase, and most likely would be competitive for a lease as well. Although you may have some very aggressive dealers in your back yard spending on location.

kyfdx

bgosnell said:

Any change to lease program this month?  Looking for 2016 Crewcab 4x4 Denali and SLT numbers for 36/12. 

Sorry..we haven't received the new GMC program, yet.

shoopaman

When you do gt it, please, on 2016 Denali Ultimate? Same as Denali? 27 & 36 - 15k/yr for both terms, add 1% if 12k as before? thx

valeyard

"Nice!!! Exactly the deal I'm looking for. So I'm not too far off... Congrats, what color did you get? I'm so jelly! did you put any money down? Sent you msg please reply. I assume you have top tier CREDIT?

thx,"

Thanks. I got mine in steel gray with tan interior. I did not put money down, and GM Financial had me at top tier credit. I hope you manage to work out a similar deal for yourself. Good luck.

shoopaman

All my local dealers must have customers lined up, Sierra 1500 Denalis must be selling like hot cakes? 
Given the current MF RV, and around 8k off MSRP, Im asking for, no dealer is calling me back.  I wonder if I can contact GMC for poor cutomer follow up... This is dicouraging.  Wondering if I should start looking at others trucks... Sigh~

Michaell

shoopaman said:

All my local dealers must have customers lined up, Sierra 1500 Denalis must be selling like hot cakes? 
Given the current MF RV, and around 8k off MSRP, Im asking for, no dealer is calling me back.  I wonder if I can contact GMC for poor cutomer follow up... This is dicouraging.  Wondering if I should start looking at others trucks... Sigh~

It's possible that you're asking for too much of a discount from sticker - bump up your offer and see if anyone bites. Only takes one dealer to agree to your terms.

airwolfnh

I was wondering if anyone knows what the monthly lease payment would be on a Sierra 1500 4WD Crew Cab SLE with a sticker around 47k? I would be looking for no money down, 12K miles a year, 36 or 39 month. I'm in New Hampshire. Thanks!

kyfdx

airwolfnh said:

I was wondering if anyone knows what the monthly lease payment would be on a Sierra 1500 4WD Crew Cab SLE with a sticker around 47k? I would be looking for no money down, 12K miles a year, 36 or 39 month. I'm in New Hampshire. Thanks!

To calculate a payment, you need the selling price and CAP cost. Your lease payment depends greatly on how good of a price you negotiate.

shoopaman

perhaps, but what really hurts is the crappy lease cash $500... have to wait until this goes back to holiday/january level... lease rates are good but factory rebate isn't...

Michaell said:

shoopaman said:

All my local dealers must have customers lined up, Sierra 1500 Denalis must be selling like hot cakes? 
Given the current MF RV, and around 8k off MSRP, Im asking for, no dealer is calling me back.  I wonder if I can contact GMC for poor cutomer follow up... This is dicouraging.  Wondering if I should start looking at others trucks... Sigh~

It's possible that you're asking for too much of a discount from sticker - bump up your offer and see if anyone bites. Only takes one dealer to agree to your terms.

shoopaman

which dealer was this and who was your rep? I'm having issue getting similar deal, must have ended in january, february is crappy...

valeyard said:

"Nice!!! Exactly the deal I'm looking for. So I'm not too far off... Congrats, what color did you get? I'm so jelly! did you put any money down? Sent you msg please reply. I assume you have top tier CREDIT?

thx,"

Thanks. I got mine in steel gray with tan interior. I did not put money down, and GM Financial had me at top tier credit. I hope you manage to work out a similar deal for yourself. Good luck.

Michaell

shoopaman said:

perhaps, but what really hurts is the crappy lease cash $500... have to wait until this goes back to holiday/january level... lease rates are good but factory rebate isn't...

Michaell said:

shoopaman said:

All my local dealers must have customers lined up, Sierra 1500 Denalis must be selling like hot cakes? 
Given the current MF RV, and around 8k off MSRP, Im asking for, no dealer is calling me back.  I wonder if I can contact GMC for poor cutomer follow up... This is dicouraging.  Wondering if I should start looking at others trucks... Sigh~

It's possible that you're asking for too much of a discount from sticker - bump up your offer and see if anyone bites. Only takes one dealer to agree to your terms.

No guarantee that the numbers will get any better going forward ... but, it can't hurt to wait.

rws1089

has anyone had better luck with cap reduction on leasing? all the dealers in my area aren't willing to budge much - even when presenting prices from TrueCar etc.

Michaell

rws1089 said:

has anyone had better luck with cap reduction on leasing? all the dealers in my area aren't willing to budge much - even when presenting prices from TrueCar etc.

Expand your search area. As we close in on the end of the month, dealers may get more interested in your offers.

ejfp8319

Hello,

Are the Residuals and MF in for March ?

johnsmith13

Is this a good deal? Dealers don't want to reduce the cap too much due to the popularity of the truck. This is the deal I was offered.

2016 GMC Sierra Denali Short Bed 4x4
58845 Sticker
56027 Cap Cost
3.55 MF
72% Res
1300 down
604.00 per month with tax included.
I am in CA

Thanks!

shoopaman

assume this is 5.3? what is the duration, mileage? 36mo? 12k, 15k/yr?
monthly payment seems high, cap is still too high, popular? maybe, how many trucks do they have? not exactly flying off the shelf...

johnsmith13 said:

Is this a good deal? Dealers don't want to reduce the cap too much due to the popularity of the truck. This is the deal I was offered.

2016 GMC Sierra Denali Short Bed 4x4
58845 Sticker
56027 Cap Cost
3.55 MF
72% Res
1300 down
604.00 per month with tax included.
I am in CA

Thanks!

johnsmith13

It was a 5.3 and 36/12

johnsmith13

I'll keep looking. I thought it was high. 

jagsbugs

looking for MF/RV on 36 /15k denali 4x4 crew cab 2016 thanks

shoopaman

Is MF RV same in all states?

ejfp8319

@MichaellResiduals for March ?

Michaell

ejfp8319 said:

Hello,

Are the Residuals and MF in for March ?

Sorry, we never got any GMC lease numbers for March.

Michaell

jagsbugs said:

looking for MF/RV on 36 /15k denali 4x4 crew cab 2016 thanks

We did not get any GMC numbers for March, sorry.

Michaell

shoopaman said:

Is MF RV same in all states?

We believe the numbers we get (when we get them - nothing for March), are national.

Michaell

ejfp8319 said:

@MichaellResiduals for March ?

Sorry, we didn't get any numbers for March.

lstewie

Any numbers for a 2016 GMC Sierra HD 36 month 10k miles Thanks

Michaell

lstewie said:

Any numbers for a 2016 GMC Sierra HD 36 month 10k miles Thanks

Sorry, we did not get any GMC lease numbers for March.

kyfdx

lstewie said:

Any numbers for a 2016 GMC Sierra HD 36 month 10k miles Thanks

Just in..

But, what's HD?

If that's above a 1500, we don't have those numbers.

Need trim and 4X4 or 4X2?

save1982

Can I get the rates on a 2016 Sierra Denali CrewCab 4x4 36/12 and 15 for Nashville TN? Thanks!

Michaell

save1982 said:

Can I get the rates on a 2016 Sierra Denali CrewCab 4x4 36/12 and 15 for Nashville TN? Thanks!

.00148 and 70% for 36/15. Add 2% for 12K

elmfd3s

Looking for rates on a 2016 Sierra 1500 Double Cab 2WD 36/12 and 39/12 for SoCal. Thanks!

Michaell

elmfd3s said:

Looking for rates on a 2016 Sierra 1500 Double Cab 2WD 36/12 and 39/12 for SoCal. Thanks!

.00075 and 59% (36/12) or 58% (39/12)

drlev1999

Residuals and MF for 2016 Crewcab SLT and Denali, both 4x4 for 10K/36mo for Irwin, PA 15642. Thanks.

kyfdx

drlev1999 said:

Residuals and MF for 2016 Crewcab SLT and Denali, both 4x4 for 10K/36mo for Irwin, PA 15642. Thanks.

SLT: .00075 MF and 59% residual
Denali: .00148 MF and 72% residual

csand12

Just wondering if I'm getting a good deal here:

2016 GMC Sierra 1500 Denali 4WD 6.2L

MSRP: $60,245.00
Net Cap. Cost: $56,650.00
39mo/10k lease
Residual: 71%
Money Factor: .00148
9% Sales Tax

Payment: $548/mo

kharbato

Hard to tell without knowing the vehicle configuration but MSRP reduction looks good - essentially supplier pricing from what I can tell. The math works out correctly for the payment. Whether or not you're getting a "good deal" is up to you.

Michaell

csand12 said:

Just wondering if I'm getting a good deal here:

2016 GMC Sierra 1500 Denali 4WD 6.2L

MSRP: $60,245.00
Net Cap. Cost: $56,650.00
39mo/10k lease
Residual: 71%
Money Factor: .00148
9% Sales Tax

Payment: $548/mo

I get $570/mo with those numbers; your deal looks good by comparison.

Only way to make it better is to negotiate a better cap cost price.

kyfdx

csand12 said:

Just wondering if I'm getting a good deal here:

2016 GMC Sierra 1500 Denali 4WD 6.2L

MSRP: $60,245.00
Net Cap. Cost: $56,650.00
39mo/10k lease
Residual: 71%
Money Factor: .00148
9% Sales Tax

Payment: $548/mo

The Denali has a killer lease program.

How much is due at signing?

csand12

I shopped around all over the country and someone emailed me back from another dealership with an even better offer.

2016 GMC Sierra 1500 Denali 4WD
MSRP: $56,530.00
Net. Cap. Cost: $50,987
39mo/10k lease
Residual: 71%
Money Factor: .00148
9% Sales Tax

Payment: $450.26

This lease only has title fees and first month's payment due at signing. That's the offer I took and it's the best deal I've gotten by far. I've talked to 18 different dealerships around the country over the last 3-4 weeks and I finally got the deal I was looking for.

Michaell

csand12 said:

I shopped around all over the country and someone emailed me back from another dealership with an even better offer.

2016 GMC Sierra 1500 Denali 4WD
MSRP: $56,530.00
Net. Cap. Cost: $50,987
39mo/10k lease
Residual: 71%
Money Factor: .00148
9% Sales Tax

Payment: $450.26

This lease only has title fees and first month's payment due at signing. That's the offer I took and it's the best deal I've gotten by far. I've talked to 18 different dealerships around the country over the last 3-4 weeks and I finally got the deal I was looking for.

Congrats - looks really good.

"Around the country"? How far were you willing to travel to get your new truck? And would that still have made the deal great?