Current residual value on a 2014 Double Cab

[BringTheRain403]

Hello,

 

Does anyone know the current residual value on a 2014 Sierra SLT double cab? My Dad saw my new Crew Cab and fell in love with it and now he's looking for a new truck. Also, does anyone know the current lease offers?

 

Thanks!

[egiles]

I can't find any current figures on the websites that I was using to get that info a few weeks ago, but I don't think the lease figures have changed. For a crew cab SLT, the residual for 3 years/12k miles per year was 62% with an interest rate of 3.4%. I would imagine that for a double cab, the residual would be around 60-61% but that is just a guess. It very well may be 62% also.

 

They had a $1000 competitive lease conquest cash offer (you qualified if you leased a non-GM vehicle) but according to the November incentives that were posted on another thread this incentive has gone.

[dagwood2001]

just dug out my numbers, here they were (bought in August):

 

2014 LT Crew Cab with LT convenience package, custom sport package, and the 5.3L V8 as options.

 

Total price: $43,820

Custom sport package discount (on sticker): -$750

Other misc. discounts: -$2,370

Sales price: $40,700

Money Factor: .00012 (think if my math is correct this is 2.9% lease rate, thru GMAC)

Residual: .63

 

At first I thought I had gotten an average deal, but with the recent price increases and seemingly dearth of incentives, I'm not feeling as bad, at least right now.

[BringTheRain403]

Yea I know the crew cab was 62% but I didn't know if the double cab was any different. I leased my crew cab in September...

 

Sent from my SCH-I535