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2011 GM Lease Rates – April 2011

Due to a lack of lease rates from GM, I decided to pool together all GM models and put them in one post. Please note that GM uses interest rates instead of money factors, so the money factors listed below are approximations of what the interest rates would be.

The money factors are really low right now, plus there are some good cash incentives available to help with the poor residual values. These vehicles seem to be very good candidates to lease and then buy out at lease-end. Still not in the 90+ RWG rating range, but it’s at least they are looking somewhat more promising.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 Chevy Cruze Eco (24mo)
MSRP – $19,175
Sale Price – $17256 (with $1250 cash incentive)
Monthly – $242+ tax
RWG Rating – 85.5

2011 Chevy Cruze Eco (36mo)
MSRP – $19,175
Sale Price – $17256 (with $1100 cash incentive)
Monthly – $226+ tax
RWG Rating – 86.1

For Dealer Quotes, Click Here.


2011 Cadillac CTS 3.0 Performance Sedan ($4075 cash incentive)
36-month | 15k miles | residual 44% | .00061 base money factor

2011 Cadillac SRX Luxury ($650 cash incentive)
36-month | 15k miles | residual 50% | .00077 base money factor

2011 Buick Lacrosse CXS ($1900 cash incentive)
36-month | 15k miles | residual 47% | .00007 base money factor

2011 Buick Regal CXL Turbo ($2400 cash incentive)
36-month | 15k miles | residual 47% | .00007 base money factor

2011 Chevy Cruze Eco ($1250 cash incentive for 24-month, $1100 cash incentive for 36-month)
24-month | 15k miles | residual 60% | .00007 base money factor
36-month | 15k miles | residual 50% | .00042 base money factor

2011 Chevy Tahoe LT 4WD ($1400 cash incentive)
36-month | 15k miles | residual 46% | .00007 base money factor

2011 Chevy Traverse 1LT 4WD
24-month | 15k miles | residual 59% | .00007 base money factor

2011 Chevy Traverse LTZ 4WD
24-month | 15k miles | residual 58% | .00007 base money factor

2011 GMC Acadia Denali SLT2 AWD ($1000 cash incentive)
39-month | 15k miles | residual 50% | .00013 base money factor

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Replacing the G – Round Two

I’m not quite sure how many rounds I will need in order to narrow the list down to my “top five” choices, but I can tell you that I have come much closer thanks in part to the 2010 OC Auto show and the test drives I have done so far. Here is an update of my “Wish List” along with some extra comments:

The Large SUV Group

  • Honda Pilot – This is barely making the cut right now.  Not overly impressed nor extremely disappointed.
  • Mazda CX-9 – It’s nice, it’s roomy and depending on the test drive, it could really be a contender.
  • Chevy Traverse – This car is relatively new, but it feels aged compared to Chevy’s newer offering. Even the GMC Acadia, which is practically the same SUV feels newer.
  • Toyota Highlander – Cheapness, is it’s weakness. Even a newly redesigned exterior can’t overcome the cheapness.
  • Ford Explorer – Much uglier in person, but I didn’t get to see the interior since they didn’t have a display model on the floor for people play with. Either way, I don’t think the lease will be attractive enough for it to warrant any consideration at this point. I may consider revisiting it down the road if an attractive lease pops up.

Overall, this group is starting to look really bad. I suspect the Pilot might get booted due to it’s styling and less-than-exciting interior, leaving the CX-9 as the top choice in this category.

The Compact SUV Group

  • Toyota RAV4 – Cost-cutting has really made this SUV hard to love. The hard plastics reeks of cheapness and the interior dash is uninspiring. Even if its inexpensive to lease, I don’t think I want one since Toyota’s lease program leaves much to be desired.
  • Ford Edge – This is a well-built SUV with a better-than-average interior. I haven’t seen any special leases on it, but it’s still early in the model year.
  • Infiniti EX35 – Test drove it a few weekends ago and my impression is that it’s a  solid crossover. It’s smooth over bumps, powerful, quiet and it drives like a G with higher ground clearance. There is also a lot of dealer cash on this car right now, which potentially knocks off a lot off the MSRP, making it a really good lease. Unfortunately I think it falls really short in two areas, cargo and MPG. It is still fairly practical since folding down the rear seats exposes quite a bit of cargo room, but I think of this car as a hatchback with poor MPG more than a true crossover.
  • VW Tiguan – Saw it at the show and I’ve driven it before; my folks also own one. Cargo wise its slightly better than the EX, but not by much. No Wolfsburg edition planned just for 2011 (yet) so my only choices would be the S and the SE trims.
  • Acura RDX – Test drove this as well and found it to be a serviceable crossover. I will not wow you, but it is all you should expect from Acura; Roomy and reliable with above average performance. The 4-banger turbo does not have a very noticeable lag which is impressive. Comes well-equipped, but it doesn’t have it all unless you go with the Tech. In my case, I can’t justify the cost. The exterior styling doesn’t really impress me much, but I think having an excellent lease program does.
  • Subaru Forester – I think it has a slight edge against the Outback. After looking at them side by side, I like it a little better.

If I had to guess, the Forester, Tiguan and the RDX will end up battling it in the payment department. I just don’t think Ford provides enough lease incentives to make the Edge a contender.

The Wagon Group

  • Audi A3 – I am a big fan of  TDI model, but I am willing to settle for a FrontTrak Premium. It’s driving dynamics shouldn’t be too different than my wife’s Jetta so I think it will end up coming down to a price war between the other finalists.
  • VW Jetta Sportwagen – Saw the TDI version at the show, love the Pano sunroof. Thankfully, it retains the nicer interior of the older Jettas, which is a plus. I did see the “new Jetta” and if you have seen “older” models, you will notice a difference. The interior materials haven’t been downgraded much, but the cabin certainly feels more “simplified”. The exterior styling isn’t too bad, but it feels more “vanilla” compared to the outgoing model.
  • VW Golf TDI – As nice as expected, looks like a more civilized version of the GTI and gets crazy gas mileage. Big fan, hopefully the lease rates will look good when the time comes.
  • VW GTI – I have to say, I am not a big fan of those cloth seats, but I love everything else.
  • Subaru Outback – I like it, but I have to admit that there are better cars. AWD certainly helps it’s case.

The Wagon group shows a lot more promise due to the more reasonable payments, practicality and fuel economy. My first choice would be the A3, but at this point any of these are a possibility.

The Sedan Group

  • Acura TSX – Acuras hold a special place in my heart, so this is a no brainer. I will likely opt for the Tech, but it all depends on the price.
  • Acura TL – Ditto on the TL. If a TSX with Tech were to be around the same as a TL base, I’d take the TL.
  • Hyundai Sonata – Saw the 2.0 Turbo and the Hybrid at the show, lovely inside and out. I got around to test drive the Limited model and I came away impressed. Quiet, smooth and with ample power. It’s no G37, but I didn’t expect it to be. Inexpensive, well-built and easy on the eyes. The closest thing to a win-win situation if there was one.
  • Infiniti G37 – I’ve been plagued with battery issues on my G37 this past year, with yesterday being the latest incident (I couldn’t get my car started for the 3rd time this year and I didn’t even leave any of my lights on). I think I will be skipping Infinitis this time around.
  • Nissan Maxima – Being the G37’s cousin dooms it’s chances. See above.

This is the “fall-back” category. I don’t think I would pick a sedan over the other categories due to my need for “room”. However, money talks and sedans have better lease programs than anything out there right now. The Sonata is a perennial favorite here, with the 2.0T being my top choice. My fall back would be the TSX, with the TL close behind.

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2011 Chevrolet Lease Rates – October 2010

logo_chevyMy Take: How rare is this? Since I am trying to keep an eye out on the Travese, I figure I would post some of their numbers for those of you who are actually interested in leasing one. As you can see, this isn’t looking pretty. Then again, I haven’t seen a pretty lease rate for Chevys in the last two years I’ve been tracking lease rates. Hopefully that will change with the arrival of the Volt. Keep in mind that the money factors here are approximations since Ally Bank uses percentages, not money factors.

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2011 Traverse LT1 AWD
24-month | 15k miles | residual 61% | .00017 base money factor
36-month | 15k miles | residual 50% | .00089 base money factor
39-month | 15k miles | residual 48% | .00089 base money factor

2011 Traverse LT1
36-month | 15k miles | residual 48% | .00089 base money factor

2011 Traverse LT2
36-month | 15k miles | residual 48% | .00089 base money factor

2011 Traverse LTZ
36-month | 15k miles | residual 48% | .00089 base money factor

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Chevrolet Incentives from Edmunds.com

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Replacing the G – Round One

I know I am jumping the gun by doing a write-up about my “next ride” considering I have another 10 months left on my lease. However, my wife has began dropping hints about what my next ride should be. “Something practical, something bigger…something that will keep your paws off my Jetta” she says.  Sadly, it looks like my G37 has become rather impractical and the wife has finally put me on notice.

I can’t say I blame her because in recent months, her car has become the designated “airport shuttle”. If that wasn’t bad enough, we have also been using her car to haul some furniture from Office Depot and weekly trips to Costco. Unfortunately, it seems that life has finally caught up with me and I can no longer ignore the other “needs” in life.

So now I am faced with a dilemma….what exactly can I get that will fulfill the following requirements…

  • seating for at least five people
  • practical cargo space
  • above average performance
  • similar or better MPG than the 18/24 I am getting now
  • costs no more than what I currently pay ($1300/$424 per month), preferably, less!

After careful consideration over the past month, I’ve come up with a general “Wish List” of potential cars/SUVs that may satisfy my needs.

The Large SUV Group

Honda Pilot
Mazda CX-9
Chevy Traverse
Toyota Highlander
Ford Explorer

The Compact SUV Group

Toyota RAV4
Ford Edge
Infiniti EX35
VW Tiguan
Acura RDX

The Wagon Group

Audi A3
VW Jetta Sportwagen
VW Golf TDI
VW GTI
Subaru Outback

The Sedan Group

Acura TSX
Acura TL
Hyundai Sonata
Infiniti G37
Nissan Maxima

For the next few months, I will take the time to do some test drives in order to narrow down the list some more. Keeping in mind the requirements listed above, I would love to hear your opinions and any recommendations you may have.