View Full Version : Tahoe Lease Problem
ChevyHeavy
02-16-2010, 04:54 PM
3 years ago I leased a Tahoe. I love it and am now just 2 months from the end of my lease. I got a call from Chevy Financial Services a couple of weeks ago and they gave me 3 options.
The first is to buy back my Tahoe for $34,000, the second was to extend my lease 6 months with the same payments, the final was to return the car and get a end of lease inspection.
I love my Tahoe and have taken great car of it. I went online and started to find out how much it's really worth.
www.motortrend.com/cars/2007/chevrolet/tahoe/pricing/index.html
It has a trade in value of $28,000 which is significantly lower than the retail value on my same make and model.
I really want to keep this vehicle. Does anyone have any suggestions on what to do with Chevy Financial Services to lower the residual value or buyout value?
ChevyHeavy
02-16-2010, 04:57 PM
3 years ago I leased a Tahoe. I love it and am now just 2 months from the end of my lease. I got a call from Chevy Financial Services a couple of weeks ago and they gave me 3 options.
The first is to buy back my Tahoe for $34,000, the second was to extend my lease 6 months with the same payments, the final was to return the car and get a end of lease inspection.
I love my Tahoe and have taken great car of it. I went online and started to find out how much it's really worth.
www.motortrend.com/cars/2007/chevrolet/tahoe/pricing/index.html
It has a trade in value of $28,000 which is significantly lower than the retail value on my same make and model.
I really want to keep this vehicle. Does anyone have any suggestions on what to do with Chevy Financial Services to lower the residual value or buyout value?
ChevyHeavy
02-16-2010, 05:10 PM
3 years ago I leased a Tahoe. I love it and am now just 2 months from the end of my lease. I got a call from Chevy Financial Services a couple of weeks ago and they gave me 3 options.
The first is to buy back my Tahoe for $34,000, the second was to extend my lease 6 months with the same payments, the final was to return the car and get a end of lease inspection.
I love my Tahoe and have taken great car of it. I went online and started to find out how much it's really worth.
www.motortrend.com/cars/2007/chevrolet/tahoe/pricing/index.html
It has a trade in value of $28,000 which is significantly lower than the retail value on my same make and model.
I really want to keep this vehicle. Does anyone have any suggestions on what to do with Chevy Financial Services to lower the residual value or buyout value?
ChevyHeavy
02-19-2010, 02:19 PM
3 years ago I leased a Tahoe. I love it and I am 2 months from the end of my lease. I got a call from GMAC Financial Services a couple of weeks ago and they gave me 3 options.
The first is to buy back my Tahoe for full retail, the second was to extend my lease 6 months with the same payments, the final was to return the car and get an end of lease inspection.
I love my Tahoe and I have taken great car of it. I went to edmunds.com and started to find out how much it's worth. It has a trade in value which is significantly lower than the trade in value on my same make and model.
My mind wants to return the vehicle back to the dealer but I want to keep it. Does anyone have any suggestions on what to do with Financial Services to lower the residual value or buyout value?
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