Vehicle: 2024 Buick Envision Preferred 12K/24 First time potentially leasing a demo but dealer said this is the best way to get the lease price down. MSRP: $39,640 Discounts: $6840 (EE pricing, demo discount, conquest discount) Selling price: $32,800 Doc/Lic fee: $265 Cash down: $900 (first pa…

[image] myleasedeal: Last question, I’ve always heard if you can lease the vehicle for 1% or less of the MSRP you are getting a good deal. Is that actually true? I’ve leased several vehicles before following that rule so just wondering if there is a better gauge to use. The whole 1% thing nev…

Thanks for the info on the 1%. I’ll pretend like I never heard it :grinning: Regarding a deal on a non-demo vehicle, I received a quote for $491 12K/24 from a different dealer, I don’t have the details on residual rate or MF. I feel that $323 is a pretty good deal but I’m not sure if it truly is a…

[image] myleasedeal: I received a quote for $491 12K/24 from a different dealer, I don’t have the details on residual rate or MF You need to determine a target deal independent of talking to dealers.

Welcome. Can you post a link to the calculator? I don’t think we see a lot of Buick deals here, period, let alone for a specific model (and a loaner, at that). There might not be a ton of data. Have you tried looking at Buick-specific forums to see if there’s more data there? If the dealer is b…

[image] myleasedeal: Last question, I’ve always heard if you can lease the vehicle for 1% or less of the MSRP you are getting a good deal. Is that actually true? I’ve leased several vehicles before following that rule so just wondering if there is a better gauge to use. No and no. Don’t wast…

In some cases I’ve seen leases where the bank has upped the residual value. Is it best to just let the dealer see if it can be done when you send them an offer of $X/month, $Y DAS, or is it something that can be mentioned in an offer you make to them?

[image] myleasedeal: Cash down: $900 (first payment, tax, title) Amount applied upfront: $740.49 (advanced payment + upfront charges) 1st payment and advanced payment are one and the same. Did you write this or, did the dealer? [image] myleasedeal: Discounts: $6840 (EE pricing, demo dis…

[image] Lenovitiate: In some cases I’ve seen leases where the bank has upped the residual value. Is it best to just let the dealer see if it can be done when you send them an offer of $X/month, $Y DAS, This should be done before you send the dealer an offer. All hard data must be vetted befor…

[image] delta737h: The non-disclosed 357 fee makes no sense. Best guess is that’s a residual adjustment for the mileage on the vehicle. I believe GMF charges 10 cents per mile on a demo and that’s supposed to be subtracted from the residual.

[image] Lenovitiate: In some cases I’ve seen leases where the bank has upped the residual value. The bank is already upping the residual value. The standard program has a 59% RV and the Supported program is 71%. Both of those figures are probably very optimistic for a used Buick Envision 24 m…

2024 Buick Envision Preferred Demo Lease...decent deal or is the dealer holding back?

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mllcb42 October 15, 2024, 12:53am 4

You need to determine a target deal independent of talking to dealers.