So I just left the GMC dealership in SoCal (casa de cadillac) and my salesman told me residual on a new Sierra Denali 36months/10k miles a year is at 54% which sounds ridiculous to me.
I know just a few months ago they were in hovering around 72%.
Can you guys check for me what the numbers are for a Sierra Denali 36 months 12k miles a year for this month are? Doesn’t matter if it’s 4wd or 2wd. Located in Los Angeles.
Thanks!
Eadan
2017:
SIERRA 1500 DENALI 2WD:
CREW CAB 71 70 66 64 63 59
SIERRA 1500 DENALI 4WD"
CREW CAB 72 71 67 65 63 59
2016:
SIERRA 1500 DENALI 2WD:
CREW CAB 71 70 67 65 64 60
SIERRA 1500 DENALI 4WD:
CREW CAB 72 71 68 66 64 59
These are 15,000 mile 24; 27; 36; 39; 42; 48 months
Ultra Low Mileage Leases (10,000 miles per year) - Add 2 points for 24-35 months, 3 points for 36-47 months and 4 points for 48 months
Low Mileage Leases (12,000 miles per year) - Add 1 point for 24-35 months, 2 points for 36-47 months and 3 points for 48 months
24 & 27 Month 36 & 39 Month 42 & 48 Month
MF APR Lease cash
0.00202 4.85% $0 0.00152 3.65% $0 0.00168 4.03% $0
Is this the same numbers for Texas? I was quoted 2017 Sierra Denali Black
Residual is 67%
Money Factor is .00202
600 a mos and that’s with 4995 down. Not including first payment, fees TTl. I tried to argue his numbers must be Wrong. Can I get the numbers straight from GMC by calling so I have ammo on paper to take to dealership?
You are in luck as Texas has special lease cash of $1,500 instead of $0 for the rest of us:
2017 Sierra Denali 2wd 15,000 miles:
24 27 36 39 42 48 months
71 70 66 64 63 59 RV
2017 Sierra Denali 4wd 15,000 miles:
24 27 36 39 42 48 months
72 71 67 65 63 59 RV
MF: .00202 24 and 27 months; .00152 36 and 39 months; .00168 42 and 48 months
12k add 1 point for 24-35 months and 2 for 36-47
10k add 2 points for 24-35 months and 3 points for 36-47 months
Without calculating, looks like best payment is going to be 10-12K 36 or 39 month lease
Those residuals are really high.
Are there any lease incentives for Utah? Can you also provide money factor and residuals for Utah? Thank you in advance.
All GM leases are the same nationwide.