Any guesses at what it would cost to lease a G8 GT? [Archive]

briantech

03-23-2007, 03:08 PM

My formula is paid off in november, so I was thinking of trading it in on a new G8.

I think its completely ridiculous to get a 36 month financed loan and have a $1000+ monthly payment for just a car-- a car that is undeniably the worst kind of investment you can make.

Considering where I am in life, and having now idea what I will want in the future, I think I'd rather try leasing once and just see how it works out.

So any ideas on what the G8 GT's are going to sticker for, and what kind of lease payment that would equate to?

Here's a picture of it just cause :drool:

http://www.globalautoindex.com/images/news/1735/norm_0_orig.jpg

Hobbes

03-23-2007, 03:22 PM

Don't trade your car in man, sell it yourself so you don't get screwed on a trade.

I don't know what the GT is going to go as far as lease, but I've been thinking of looking into one myself

briantech

03-23-2007, 03:29 PM

Originally posted by Hobb3s
Don't trade your car in man, sell it yourself so you don't get screwed on a trade.

I don't know what the GT is going to go as far as lease, but I've been thinking of looking into one myself

Well, yeah on selling it, definitely. I meant it in the proverbial trade-in sense, in that I'd sell the formy and get a new car in its place.

Honestly I'd probably just take it to carmax to see how much they'd give me, they're typically pretty fair. I don't know if its really worth the hassle of dealing with private buyers just to save $500 or something.

cm_ls1

03-23-2007, 03:41 PM

i would guess between 30-35k , depending on content

shit i know heaps of aussies wanting that front end , can't buy it.

http://g8gt.com/attachments/290d1174562700-g8_f.jpg

F1_SS

03-23-2007, 04:18 PM

My guess is its going to lease pretty shitty.

Why not do a 5yr finance like most people would do?

briantech

03-23-2007, 07:24 PM

Originally posted by F1_SS
My guess is its going to lease pretty shitty.

Why not do a 5yr finance like most people would do?

Well, mainly because I don't want to get into a long loan like that again. I'd like the freedom to be able to decide what to do in like 3 years.

36 month financing would be $1,241 a month payment. That is fucking nuts. even 60 month financing would be $800 a month ... just for a CAR? Thats like a house payment.

And at the end of those 60 months, the car would have been depriciating for 5 years, so I paid $47,000 for a car that would then be worth, what, $20,000 ? So it cost me $27,000 to have a car for 5 years?

If I leased it... assuming a monthly lease pmt of say $450, thats ... damn, $27,000 too.

God cars are a fucking waste of money.

krispycobalt

03-23-2007, 07:56 PM

Around 30k for a 24mo lease w/ GM discount my guess would be between $390 to $450. That is unless they do some sort of crazy shit like they do with Saturn Skys ($500+/mo for a lease) because of exclusivity.

4birdman

03-23-2007, 08:06 PM

I can't understand why people trade in a paid off car for a lower lease payment. :rolleyes:

F1_SS

03-23-2007, 08:06 PM

Originally posted by briantech
Well, mainly because I don't want to get into a long loan like that again. I'd like the freedom to be able to decide what to do in like 3 years.

36 month financing would be $1,241 a month payment. That is fucking nuts. even 60 month financing would be $800 a month ... just for a CAR? Thats like a house payment.

And at the end of those 60 months, the car would have been depriciating for 5 years, so I paid $47,000 for a car that would then be worth, what, $20,000 ? So it cost me $27,000 to have a car for 5 years?

If I leased it... assuming a monthly lease pmt of say $450, thats ... damn, $27,000 too.

God cars are a fucking waste of money.

Gotta pay to play.

You want something nice, its going to cost you. If want to save some money then get a shit bucket.

Hillbilly Deluxe

03-23-2007, 08:19 PM

Cars are not an investment. Stop thinking of it that way.

vice86

03-23-2007, 10:11 PM

is it just the pictures...or is the G8 a narrow car....they need to widen their cars out!

1badls2goat

03-23-2007, 10:38 PM

Originally posted by vice86
is it just the pictures...or is the G8 a narrow car....they need to widen their cars out!

:werd:

Rob Almighty

03-23-2007, 10:39 PM

Originally posted by briantech
Well, mainly because I don't want to get into a long loan like that again. I'd like the freedom to be able to decide what to do in like 3 years.

36 month financing would be $1,241 a month payment. That is fucking nuts. even 60 month financing would be $800 a month ... just for a CAR? Thats like a house payment.

And at the end of those 60 months, the car would have been depriciating for 5 years, so I paid $47,000 for a car that would then be worth, what, $20,000 ? So it cost me $27,000 to have a car for 5 years?

If I leased it... assuming a monthly lease pmt of say $450, thats ... damn, $27,000 too.

God cars are a fucking waste of money.

Dude, the more expensive the car...the bigger the payment. I know people paying over $2,000/mo for Bentleys and AMG Mercedes vehicles.

You pay to play.

youcancallmedaddy

03-23-2007, 11:16 PM

Originally posted by Polemicist
Dude, the more expensive the car...the bigger the payment. I know people paying over $2,000/mo for Bentleys and AMG Mercedes vehicles.

You pay to play.

Yeah but it makes sense to lease a Bentley or AMG. $2k a month for two years is $48k, and say you're driving a $150k car. If you buy it and then sell it after two years, do you think you're going to get $100k out of it? Of course not, it's much easier to just allocate those funds to your lease and drive a brand new car every two years. If and when I have the means that's exactly what I will do.

Nick7810

03-24-2007, 12:04 AM

My guess would be around $550 a month with nothing down, don't expect good deals initially. I'm leasing a CTS for $365 a month but that was with a bunch of rebates and $2K in GM card money.

cm_ls1

03-24-2007, 03:44 AM

Originally posted by vice86
is it just the pictures...or is the G8 a narrow car....they need to widen their cars out!

it is just that front-on media pic .. its aspect ratio is not right

here is a real pic

http://i12.tinypic.com/2hp1tg1.jpg

Kal-El

03-24-2007, 04:30 AM

sounds like a stupid idea to me, youre done and have a paid off car and then turn around and sell it to get a newer car and pay more?

Harmon Rabb

03-24-2007, 02:24 PM

Originally posted by Kal-El
sounds like a stupid idea to me, youre done and have a paid off car and then turn around and sell it to get a newer car and pay more?

yeah. it's called getting a new car. :lol:

anyway, briantech, gm cars generally lease shitty.

CT Morgan

03-24-2007, 05:56 PM

As with most domestics, the lease deal won't be very good compared to its purchase price unless GM offers some incentive deal. It's directly related to domestic US resale value.

Simply put that means that compared to their purchase prices, domestic cars are typically more expensive in the first two or three years of ownership than their import counterparts. :( This point is what some people confuse when they say people are going for "more car than they can afford" with leases.

To get a feel for the lease payments, take a look at any similar GM sedan (price-wise) and see what non-incentive based lease deals are available.

Harmon Rabb

03-24-2007, 06:28 PM

Originally posted by briantech
36 month financing would be $1,241 a month payment. That is fucking nuts. even 60 month financing would be $800 a month ... just for a CAR? Thats like a house payment.

$800/mo for a car isn't ridiculous at all. just use a loan calculator. $800/mo won't even get you a shit 1 bedroom condo around here, so i wouldn't exactly say it's a house payment :p

if you want nice shit, you have to pay for it. simple as that. a lot of older lawyers i know are paying $1500-$2500/mo for their cars.

Kal-El

03-25-2007, 12:53 AM

Originally posted by Berman
yeah. it's called getting a new car. :lol:

anyway, briantech, gm cars generally lease shitty.

Sorry, i'm not rich and successful like you, i can't afford a new car after i pay one off. Its a stupid idea to me.

F1_SS

03-25-2007, 01:00 AM

Originally posted by Kal-El
Sorry, i'm not rich and successful like you, i can't afford a new car after i pay one off. Its a stupid idea to me.

Its not bad if you cant afford another one of 2 cars.

I just find it stupid that Briantech is talking about trading in his car that he just paid off for a G8 since hes always talking about not wanting to spend money on a house, and how everything is so expensive in his area and :blah: is like throwing money away

x3ro

03-25-2007, 01:03 AM

Originally posted by Berman
$800/mo for a car isn't ridiculous at all. just use a loan calculator. $800/mo won't even get you a shit 1 bedroom condo around here, so i wouldn't exactly say it's a house payment :p

if you want nice shit, you have to pay for it. simple as that. a lot of older lawyers i know are paying $1500-$2500/mo for their cars.

My house payment is only $883 w/ insurance and taxes :p

Depends where you live :)

It's gonna be hard to get an idea of a lease payment on a G8 when they haven't announced pricing yet...

F1_SS

03-25-2007, 01:06 AM

Originally posted by x3ro
My house payment is only $883 w/ insurance and taxes :p

Depends where you live :)

It's gonna be hard to get an idea of a lease payment on a G8 when they haven't announced pricing yet...

:umm:

$883 a mo with taxes is cheap property where ever you live (no telling how much you put down and what type of finance you did).

Harmon Rabb

03-25-2007, 01:17 AM

Originally posted by Kal-El
Sorry, i'm not rich and successful like you, i can't afford a new car after i pay one off. Its a stupid idea to me.

it all depends on your income. it could be a stupid idea depending on how much he makes :shrug: nobody was cracking on your personal financial situation, whatever it may be.

Harmon Rabb

03-25-2007, 01:18 AM

F1_SS

03-25-2007, 01:25 AM

Originally posted by Berman
damn i wish i lived where you did :o

I live around him and $883 a mo doesnt get you much (unless you do a huge down payment or some crazy financing)

Harmon Rabb

03-25-2007, 01:38 AM

Originally posted by F1_SS
I live around him and $883 a mo doesnt get you much (unless you do a huge down payment or some crazy financing)

ah. 883/mo here gets you a shitty apartment :lol:

briantech

03-25-2007, 04:17 AM

Originally posted by Berman
$800/mo for a car isn't ridiculous at all. just use a loan calculator. $800/mo won't even get you a shit 1 bedroom condo around here, so i wouldn't exactly say it's a house payment :p

if you want nice shit, you have to pay for it. simple as that. a lot of older lawyers i know are paying $1500-$2500/mo for their cars.

Yeah, I guess its just taking me a bit to figure that out. I've only had a real job and real income for like 10 months now, and I bought my formula for $8300 so that wasn't exactly breaking the bank.

F1_SS

03-25-2007, 05:56 AM

Originally posted by briantech
Yeah, I guess its just taking me a bit to figure that out. I've only had a real job and real income for like 10 months now, and I bought my formula for $8300 so that wasn't exactly breaking the bank.

To get a nice car i expect at least $600-750 a mo for a nice car. Of course i can get a much cheaper car but i want something ncie since i drive alot. (decent interest rate and low down)

I have had a job for 3+ years and im still kinda iffy on making major purchases (house). I think this year (07) ill buy a house though, business is good so i have confidence.

F1_SS

03-25-2007, 05:58 AM

Im drunk btw, so waht ever i say is correct :bwahaha:

Harmon Rabb

03-25-2007, 02:38 PM

carpenter

03-25-2007, 03:10 PM

With a Fully loaded Grand Prix GXP coming in at 32K a fully loaded G8 will probably be more like 36K. And I doubt you'd see any moving from the sticker in the first 6 months at least.

02RedWS6TA

03-25-2007, 03:10 PM

My g/f pays 360 a month for her 05 GP GTP that stickered for about 32k. After GM Discount and tax I think she ended up paying 29 for it. So if these price about the same as the GP's did then really the only thing that could affect lease price is the percentage rate on it.

I would would guese between 400-450/month.

Harmon Rabb

03-25-2007, 03:11 PM

carpenter

03-25-2007, 03:16 PM

Originally posted by 02RedWS6TA
My g/f pays 360 a month for her 05 GP GTP that stickered for about 32k. After GM Discount and tax I think she ended up paying 29 for it. So if these price about the same as the GP's did then really the only thing that could affect lease price is the percentage rate on it.

I would would guese between 400-450/month.

ouch.. that 05 GTP is probably worth 16K today.

Just bought a 2006 loaded (leather, sunroof 6 disc etc etc) Grand Prix GT (supercharged) with 5K miles on it for $17,500. The MSRP on that one was $29,500.

Grand Prix is one of the worst cars to buy new. We bought a Grand Prix GXP new in July too and even those takes a massive initial hit.

02RedWS6TA

03-25-2007, 04:43 PM

Originally posted by Berman
umm. 360/mo on a 29k car? did she take a 7 year loan or something? :lol:

3yr 15k mile a year lease. Did you read the thread title? This is a thread about leasing not buying?

02RedWS6TA

03-25-2007, 04:44 PM

Originally posted by carpenter
ouch.. that 05 GTP is probably worth 16K today.

Just bought a 2006 loaded (leather, sunroof 6 disc etc etc) Grand Prix GT (supercharged) with 5K miles on it for $17,500. The MSRP on that one was $29,500.

Grand Prix is one of the worst cars to buy new. We bought a Grand Prix GXP new in July too and even those takes a massive initial hit.

She didn't buy it, she leased it. I doubt she will buy any more cars, she gets tired of them to fast.

Harmon Rabb

03-25-2007, 05:31 PM

Originally posted by 02RedWS6TA
3yr 15k mile a year lease. Did you read the thread title? This is a thread about leasing not buying?

wow. that's actually a decent lease deal. i assume they had some incentives at the time?

02RedWS6TA

03-25-2007, 06:07 PM

Originally posted by Berman
wow. that's actually a decent lease deal. i assume they had some incentives at the time? Probably a low interest rate. All I remember is it was about 29k after tax. In that lease price is the deal incase her mom dies the lease is paid (It's in her moms name) and if her mom was off work sick for a week or more that month was paid for. Shes had about 4-6 months paid because her moms had a few surgeries in the last couple years. It's worked out pretty good for her.

She was a magnum next :( I've tried to talk her into an awd 300c but she says no :(

wickedss

03-25-2007, 06:36 PM

Descent lease deal?

I leased a SS trailblazer 2 weeks after they came out for $380 a month w/ ZERO down.

My ram is $300 a month zero down, sticker of $40,000 and 15,000 miles a year....every option available.

Its unbelievable how many people sign lease agreements after the salesman "tells" them its a good deal. My buddies g/f just leased an F150 XLT (cloth, 4x4, ext. cab) w/ 10k miles a year for $310 a month. That is a blatant rip off and that truck shouldn't be leasing for more than $175 a month, especially at 10k a year.:mad:

krispycobalt

03-25-2007, 06:58 PM

Originally posted by Berman
umm. 360/mo on a 29k car? did she take a 7 year loan or something? :lol:

with a GM discount that lease price is easily obtainable on many GM cars around 30k MSRP

02RedWS6TA

03-25-2007, 10:14 PM

Originally posted by wickedss
Descent lease deal?

I leased a SS trailblazer 2 weeks after they came out for $380 a month w/ ZERO down.

My ram is $300 a month zero down, sticker of $40,000 and 15,000 miles a year....every option available.

Its unbelievable how many people sign lease agreements after the salesman "tells" them its a good deal. My buddies g/f just leased an F150 XLT (cloth, 4x4, ext. cab) w/ 10k miles a year for $310 a month. That is a blatant rip off and that truck shouldn't be leasing for more than $175 a month, especially at 10k a year.:mad:

If you're talking about her deal being bad it was GM Discount and whatever GM had going at the time. You can't get any cheaper than that? Atleast I've never seen anyone negotiate a cheaper price than GMS on an ordered vehicle before.

My truck is 465/month and it stickered for just under 46k. That was GM discount and about 2k in rebates. That's cheaper than I've seen the new GMT900 1/2 tons leasing at. I went into a dealership a few weeks ago and the interest rate on a new truck lease is 8.5% where it's only 5.5% on the classic body style.

wickedss

03-25-2007, 10:25 PM

That seems like a pretty good price for a duramax--depending on options?

My brothers 05 F350 powerstroke w/ every option is $505 a month, zero down.

I'm not saying her deal is "bad", but to me $360 a month for a car like that is not a very good deal.

It's funny--some guys are leasing new avalanches w/ cloth interior for $450+ a month---Bend over!

Harmon Rabb

03-25-2007, 10:35 PM

02RedWS6TA

03-26-2007, 12:52 AM

Originally posted by wickedss
That seems like a pretty good price for a duramax--depending on options?

My brothers 05 F350 powerstroke w/ every option is $505 a month, zero down.

I'm not saying her deal is "bad", but to me $360 a month for a car like that is not a very good deal.

It's funny--some guys are leasing new avalanches w/ cloth interior for $450+ a month---Bend over!
Basically the dmax is the only option. It's a crew cab 4wd with xm, cab lights, and the dmax.

If you think 450 is bad for an avalanche wait untill the new 900 HD's with the dmax start to hit lots. You'll be looking at 600+ a month for a lease.

The 1/2 ton I went and looked at stickered for 41k and after GM discount it was like 520/month or something like that.

wickedss

03-26-2007, 08:36 PM

$450 is a little high if the dmax is the only option---

Especially considering what my brother is paying for a lariat, FX4, leather, heated seats, etc...

02RedWS6TA

03-27-2007, 12:21 AM

Originally posted by wickedss
$450 is a little high if the dmax is the only option---

Especially considering what my brother is paying for a lariat, FX4, leather, heated seats, etc...

How much cheaper can you get than GM discount? I don't see how it's high?

Kal-El

03-27-2007, 03:13 AM

Originally posted by Berman
it all depends on your income. it could be a stupid idea depending on how much he makes :shrug: nobody was cracking on your personal financial situation, whatever it may be.

Thats cool didn't mean to sound like a jackass, maybe for him its good but for me it would be a horrible decision, im 21 and make 10 an hour doing security.