2019 SLE and SLT Lease numbers

MiteyJoeMiteyJoe Philadelphia Member Posts: 20
edited May 2019 in GMC
Can I please get the MF, residual and incentives for both the SLE and SLT FWD models for zip 19083? The lease terms are 39 months / 10k miles.

Thank you.
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  • kyfdxkyfdx Moderator Posts: 207,760
    MiteyJoe said:

    Can I please get the MF, residual and incentives for both the SLE and SLT FWD models for zip 19083? The lease terms are 39 months / 10k miles.

    Thank you.

    SLE: .00125 MF and 52% residual
    $2250 lease cash
    +$1250 customer incentive

    SLT: .00088 MF and 56% residual
    $1000 lease cash
    +$1250 customer incentive

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  • MiteyJoeMiteyJoe Philadelphia Member Posts: 20
    Quick follow-up question, are the MF and residual rates posted here directly from the manufacturer? If so, how do I reconcile that a dealer is using a lower residual than what we are seeing here? Is that a "game" the dealership is playing?
  • kyfdxkyfdx Moderator Posts: 207,760
    MiteyJoe said:

    Quick follow-up question, are the MF and residual rates posted here directly from the manufacturer? If so, how do I reconcile that a dealer is using a lower residual than what we are seeing here? Is that a "game" the dealership is playing?

    The numbers are from GM Financial.
    The dealer cannot alter the residuals.

    If they are different, then:

    a) Dealer is using a different bank

    OR

    b) Either trim, term or mileage is different than what you've asked for.

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  • pennyair1pennyair1 Member Posts: 6
    Can I please have the incentives, MF, residuals for a SLT AWD, zip 07950, 36 months/12k and 24 months/12k? Thanks!
  • kyfdxkyfdx Moderator Posts: 207,760
    pennyair1 said:

    Can I please have the incentives, MF, residuals for a SLT AWD, zip 07950, 36 months/12k and 24 months/12k? Thanks!

    24: .00077 MF and 60% residual
    36: .00112 MF and 59% residual

    $1000 lease cash
    +$1250 customer incentive

    Better stick with 36 months

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  • pennyair1pennyair1 Member Posts: 6
    I’m still a little new to this but doesn’t the 24 months have a lower MF and higher residual making it a potentially better deal?
  • kyfdxkyfdx Moderator Posts: 207,760
    pennyair1 said:

    I’m still a little new to this but doesn’t the 24 months have a lower MF and higher residual making it a potentially better deal?

    Not in this case.. The residual is higher, but just barely. The depreciation is spread over only 24 months, rather than 36 months.

    Given those numbers, the 24 month payment would be 30%-40% higher than the 36 month payment

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  • pennyair1pennyair1 Member Posts: 6
    Wow! That makes sense. Thanks.
  • Candy9665Candy9665 Member Posts: 2
    May I please have mf, residual, and incentives for SLT FWD and Denali, zip 91405, term 36m/12k
  • MichaellMichaell ColoradoModerator Posts: 206,103
    Candy9665 said:

    May I please have mf, residual, and incentives for SLT FWD and Denali, zip 91405, term 36m/12k

    SLT - .00081 and 56%; $1000 lease cash
    Denali - .00081 and 59%; $500 lease cash

    $1250 customer incentive

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  • SergioCabreraSergioCabrera MiamiMember Posts: 9
    May I please have mf, residual, and incentives for SLT FWD zip 33196, Miami , term 36m/12k

    Thank you so Much!!!!!
  • kyfdxkyfdx Moderator Posts: 207,760

    May I please have mf, residual, and incentives for SLT FWD zip 33196, Miami , term 36m/12k

    Thank you so Much!!!!!

    .00081 MF and 56% residual
    $1000 lease cash
    +$1250 customer incentive

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