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What kind of leasing discounts as well as rates am we seeking if we answered approbation to all these questions my automobile play asked me?
1. Do we get the GM "Employee," GM "Friends as well as Family" or the GM "Supplier" discount?
2. Do we now own or franchise the 1999 or newer GM vehicle?
2. Do we now own or franchise the 1994 or newer Saab vehicle?
4. If wish wish to lease, how most miles will we need per year- 12,000 or 15,000? If more, only let me know!
5. Do we wish to franchise or purchase?
6. Are we the Farm Bureau member?
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I sell and lease cars for a large Chevy dealership.
If you get the GM discount, that gets you the biggest discount on the vehicle you can possibly get, plus any rebates or incentives
If you are currently in a GM lease, you qualify for lease loyalty, which means the security deposit is waived.
If you lease, try to calculate the miles you think you drive in a year, to and from work and personal use. The lower mileage lease you take, the less your payment. The lowest on most GM models is 10,000 per year , up to any amount you desire. In my opinion, if you need any more than 15,000, leasing is probably not a good option as the price really starts to climb.
If you are a Farm Bureau member, this entitles you to an additonal $500 off, above and beyond GM discount, rebates, and incentives (However, I think the Farm Bureau promotion has ended).
Leasing is good if you stay within your allowed miles, because you can get a new vehicle every two or three years without having to worry about a trade in. Also, GM leases have 24 month, 27 month, 36 month, 39 month, 48 month terms. DO NOT do the 48 month. The longer the term, usually equals the lowest price, but I would not advise a 48 month term, or you might as well just purchase it. Ideally, 36 month is probably your best bet.
DO NOT let them sell you GAP insurance on a lease, as GAP insurance is already included with lease vehicles through GMAC.
With a lease, you are requiered to come up with your first months payment and taxes, plus security deposit (if not waived) at time of delivery.
Also, ask to see the "Buy Rate". This is the actual rate GM sets for the car lease. A dealer can add more points to that, and it becomes gross profit for the dealer. If they will not show you the buy rate, WALK AWAY!
omg idk
1. You can get a price discount, which would reduce your lease or loan payment.
2. You might get a better interest rate or lease money factor and not be required to make a lease security deposit.
3. Same as #2.
4. The higher the mileage, the more the lease payment.
5. Leasing will provide lower monthly payments.
6. Maybe a better insurance rate.
the only way to drive a GM! i would never own one!