Florida Buick Car Dealers

Hi. I am being told that for a Turbo, RL6, 39 month, 12k lease - the residual is 50%. Is this what you see as well?

We went in today and made the down payment. We expect to take delivery some time this week as the car we want was not there yet. It was a 2011 Buick Enclave FWD Black W/ Nav, leather, 7 pass. I believe MSRP was about $44k. We negotiated a 36 month, 15k miles per year lease at $638 per month + 6.5% FL tax= $681. We are turning in a GMC Yukon Denali one month early to avoid the last month's payment of $935. The deal was 47% residual value, $1000 Conquest incentive for our 2006 Lexus, and I believe it may have included $1,500 cash incentive if the interest rate is 2.9%. We don't know the actual interest rate since they didn't run the Ally credit check while we were there. It's a done deal though since my father signed the papers agreeing to the monthly payment and they took the payment. I guess since it's a corporate lease they can do it and my father leased his GMC there last time.

Jbiz, I ran your numbers through my expert lease software and I get the below results. Basically, using the values you have stated, expert lease calculated a monthly payment of $638with inception costs (1st month, security, DMV fees, doc fees, etc.) at around $1,715. Total MSRP: $48,040 (47,245 + destination charge) Total Purchase price: $43,832 (purchase price + destination charge) term: 39 months (12K miles per year) residual: $22K Money factor: .00045 effective APR: 1.09% Total rent charge: $1,155 I spoke to someone in internet sales today and had them email me a quote for a similar CXL. It was the first time I called about the car so I'm sure I got their "sucker" numbers. Below is the information from my quote, which I'm sure is probably absolute garbage. 2011 Buick Enclave CXL MSRP 45,645 36 months (12K miles per year) = $699 per month inc. tax purchase price 43,990 money factor .00020 residual 41% acquisition fee 795 drive off cost 2500 rebate 3150 (Calling all experts) Can someone please help me work out the real cost of a lease for a 2011 Buick Enclave CXL. The MSRP with options of the car I want is $45,645. Edmunds has the invoice price at $42,964.70. Looking for a 36 month (12K miles per year) lease with no cap reduction (no money down). Can I assume that the residual is around 36%-38%. No clue what the real money factor is. What is my monthly payment and inception (drive off) costs?

residual was 47% for 39 months money factor with US Bank was 0.00045 seems there is like 1200 in rebates as well. (USAA, plus some US Bank one I think) I have not been able to get a dealer to come back with what I would consider a good enough price on the lease.. seems we agree on selling price (for the most part).. but when it comes to the monthly lease price, all of a sudden their numbers are $50 per month (at least) higher than my calculations.. when I ask them why.. they say "it's the computers, they just do what they do".. and when I ask for the worksheet they have no interest in showing it to me.. let me know how you make out. unless my lease numbers are just wrong.. I was coming in at the low $600 range (like $608) they are all telling me $650-675

Jbiz, What base lease rate and residual value were you quoted with your lease offer on the Enclave? I am looking to lease a 2011 Buick Enclave CXL for 36 months. I would like to compare your numbers with the values Car_man stated in an earlier post. I want to make sure I have the right numbers before I start making my lease proposal. Thanks James