Hi!
First time using this forum. I’m looking to lease a 2024 Buick Enclave Essence.
MSRP: 51,135
Sale Price : 46,885
Also I believe they’re giving us additional GM discounts because of my father and law, so when all said and done I think we’re getting the vehicle for 43k
The current deal is 2500$ down (which they are stating is only taxes and fees & first month payment.
And then $537 per month, 12k miles per year for 36months.
Is this a good deal?
Why would you spend $21,295+ to lease a car selling for $43k plus tax?
I’ve leased three other times and this is the first time I’m really questioning the deal. I’ve been quoted ridiculous prices from several places. Everyone is telling me it’s because of interest rates. This car in particular the interest rate is 5.6%. At the Chevy dealership they were giving me 8% interest rate.
Do you know how leases calculate? You need to know MF, RV, expected discount/incentives to know what payment should be for the DAS of your choosing (if credit good).
Go to Wiki here and learn how to use LH calc to put your own target deal together to see if dealers will match for your biz.
Looks like it is used too…
Well you’d be shooting a big hole in your future wallet.
Leases by definition can’t be kept indefinitely and must be replaced by another car, as you know. Most likely it would be replaced by another, similar lease.
Spending $42,000+ over 72 months (two consecutive leases) and having no equity would be financial insanity.
To answer your question, this is not a good deal.
Buick’s see heavy discounts to begin with and this car having 3k miles should push it even deeper. Figure out your target price and work it via calculator.
U mean it has 3000 Farts.
This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.
