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.

Sierra 1500 Denali in all its Professional Grade glory (source: www.gmc.com).

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)
  
    Incentive
    Availability
    Amount
  
    Competitive Lessee Conquest
    Targeted
    $500
  
    GM Lease Loyalty
    Targeted
    $500
  
    Farm Bureau Member
    Targeted
    $500

Selling Price

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.

With a heated steering wheel, cooled seats, and Magnetic Ride Control, Sierra 1500 Denali is equipped with every amenity imaginable in a pickup truck.

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.)

MSRP:

Sales Price:

% off MSRP

Taxed Incentives:

e.g., cash-back offers, loyalty cash, bonus cash.

Untaxed Incentives:

e.g., manufacturer-to-dealer cash rebate or if you live in a state where customer cash rebates are not taxed.

Down Payment:

Not recommended

Acquisition Fee:

I want to pay my acquisition fee upfront.

Net Capitalized Cost:

Residual: %

( miles/yr)

Months:

Miles/yr:

Adjusting the miles changes the residual(%).

Money Factor:

APR: %

I want to pay my total lease payment upfront to lower the MF by 0.00073.

Monthly Payment (Excl. Tax):

Document Fee:

License/Registrat. Fee:

Sales Tax: %

Tax your state, county, and city levy.

Tax is levied on the monthly lease payment (most states).

Tax is levied on the sales price upfront (e.g. VA, TX, GA).

Tax is levied on the total lease payment upfront (e.g. NY, MN, OH).

Monthly Payment (incl. tax):

Drive Off:

First month's Payment incl. tax:
Down payment:
Registration and doc fee:
Total MSD Payment:
Tax on cap cost reduction and fees:

First Month's Payment:
Down payment:
Registration and doc fee:
Total MSD Payment:
Tax on the Sales Price:

First Month's Payment:
Down payment:
Registration and doc fee:
Total MSD Payment:
Tax on the total lease payment:
Tax on cap cost reduction and fees:

Leasehackr Score:

The number of years it would take for the accumulated monthly payments to exceed the MSRP. The higher the score, the better it is to lease as opposed to buy.

Disposition Fee:

Total Lease Cost:

The total cost of leasing over the lease term, including applicable taxes and disposition fee but excluding registration/license fee and the refundable MSD payment.