Truck Yeah! Lease A Loaded GMC Sierra Denali For $415/Month, $0 Down ($353/Month With Single-Pay Lease) (Expired)
GMC Sierra 1500 Denali is one of the most luxurious pickup trucks you can buy today. Thanks to stellar residual values, it's also one of the best pickups to lease. In fact, you can get a fully-loaded, leather-lined, $52,000 Denali for what most people pay for a mid-level pickup.
The Lease Program
The cost of leasing a particular car is determined by its lease program, which is set by the manufacturer, and the selling price, which is set by the dealer. Here is GM Financial's lease program for Sierra 1500 Denali this month (valid through March 31, 2016):
|Residual Values (10,000 mi/year)|
|Trim||24 months*||27 months*||36 months**||39 months**|
|Sierra Denali 2WD||76%||75%||72%||70%|
|Sierra Denali 4WD||77%||76%||73%||71%|
*Subtract 1% from residual for 12,000 mi/year. Subtract 2% from residual for 15,000 mi/year.
**Subtract 1% from residual for 12,000 mi/year. Subtract 3% from residual for 15,000 mi/year.
As you can see, Sierra Denali's residual values are spectacularly high. GM Financial estimates a Sierra Denali 2WD is worth 72% of its MSRP after 36 months of use—compared to 60% for the standard Sierra Crew Cab or any Silverado Crew Cab (2WD).
|GM Financial Rates (Tier A1 Credit)|
|Term||Money Factor||Interest Rate|
|24 and 27 Month||.00198||4.75% APR|
|36 and 39 Month||.00148||3.55% APR|
|Incentives (not stackable)|
|Competitive Lessee Conquest||Targeted||$500|
|GM Lease Loyalty||Targeted||$500|
|Farm Bureau Member||Targeted||$500|
A 2016 Sierra 1500 Denali 2WD has an MSRP of $52,085. (That's one pricey truck.) According to a third-party car shopping website, the average selling price of that model is $49,423 before incentives (Southern California zip code). The lowest selling price currently offered by a dealer on said car shopping site is $47,800 before incentives.
Putting It Together ($415/Month, $0 Down)
Use the lease calculator below to customize your own inputs. Here's a sample deal of a 2016 Sierra 1500 Denali 2WD assuming a selling price of $47,800, excellent credit, 10,000 miles per year, and $500 Farm Bureau Member incentive.
(11/13/17: Have issues with the calculator loading? Refresh the page. We are working on a fix.)