GMC Yukon Lease
You can lease a GMC Yukon for a monthly payment of around $700 to $960 depending on the vehicle’s trim level, your downpayment, and your credit rating.
Written by Mary Cahill
Reviewed by Jessica Barrett
If you’re thinking of leasing a GMC Yukon, you can expect to pay a monthly payment of around $700 to $960. The amount you pay will depend on your downpayment, credit rating, and the vehicle’s trim level.
Combining powerful driving capabilities with a comfortable, spacious interior, the GMC Yukon is a truck-like SUV that also makes for a sturdy family vehicle. Like the sound of driving one without the long-term responsibility of a
car loan
? You may be a great candidate for a GMC Yukon lease. Here to walk you through the GMC Yukon leasing process is the
car insurance
comparison app Jerry
. In this article, we’ll talk about how to get a lease, what it will cost, and what you’ll need to do when your lease comes to an end. Keep reading to find out how to save on your GMC Yukon insurance cost
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How to lease a GMC Yukon
Leasing a GMC Yukon is a no-frills process, but before you dive in you’ll want to have a few important components in place. The following steps will help you to prepare for signing a lease. Let’s take a look.
- Check your credit score. Leasing candidates are required to have a good rating, so if you have a score under 520, you probably won’t qualify. Generally speaking, a credit score of 650 or higher is needed to get a lease.
- Set a budget. You want to be realistic about what you can afford in the way of monthly lease payments. If the lease payment is more than 15% of your income per month, it might be more than you can feasibly take on.
- Plan out what you can pay upfront. The larger the downpayment you make, the lower your monthly costs will potentially be.
- Determine your annual mileage. GMC offers three tiers of mileage limits for their leases: 10,000, 12,000, and 15,000. If your annual driving habits exceed these mileage caps, a lease may not best serve your vehicular needs.
Once you’ve laid out all the figures, you can head to the GMC dealership to explore your
leasing options
. And because you’re going in with a budget in mind, it will be easier to resist fancy trim level upgrades or GMC models that may put too much of a strain on your wallet. The final step: shop for insurance
Another vital piece to leasing is finding a good insurance policy for your Yukon. You'll need a policy that covers
what your state requires
and provides additional coverage like comprehensive
and collision
coverage.How much does a GMC Yukon lease cost?
On average a GMC lease costs between $700 and $960 a month.
Pinpointing the exact cost depends on the trim level, drivetrain configuration (all-wheel drive vs two-wheel drive), and any other upgrades you select at the time of the lease agreement. This amount is further affected by your credit score, lease term, and how much money you put down at the time of signing.
It’s also possible to save money by signing a lease during a seasonal promotion.
To see how your payments might look based on the Yukon’s different drivetrains and trim levels, check out the table below. Be advised that these amounts due at signing figures are indicative of a great credit score—we’re talking about the 690 to 719 range.
Trim level | Monthly payment | Amount due at signing |
|---|---|---|
4WD SLT | $897 | $897 |
4WD AT4 | $962 | $962 |
2WD SLE | $717 | $717 |
2WD SLT | $856 | $856 |
Remember, you may be able to lower your monthly payments by increasing the amount of your downpayment. You may also be eligible for leasing
discounts
if you:- Are an employee or eligible family member of a participating GM supplier or dealership
- An active or retired member of the military
- A first responder
Services included in a GMC Yukon lease
One of the most significant perks of leasing is not having to worry about the cost of maintenance. When you lease a GMC Yukon, not only are you covered under warranty, but your first maintenance visit is taken care of as well. The complimentary maintenance will include the following:
- Multi-point vehicle inspection
- Oil change
- Four-tire rotation
Key Takeaway GMC Yukon monthly lease payments range from $700 to $960, but it’s also important to take into account any additional costs.
What to do when your GMC Yukon lease is up
When the lease term is drawing to an end, you’ll have some deciding to do. You’ll be able to proceed with one of the following options:
- Return your leased vehicle
- Buy your GMC Yukon
- Swap your current leased vehicle for a new GMC model
How to return a leased GMC Yukon
You can schedule a
pre-return inspection
up to 120 days prior to the end of your lease. From there, you’ll get an inspection report that details what repairs may be required before you turn your Yukon back over to the dealer. GMC makes setting up a complimentary inspection very convenient—you can even have it done at your home or place of employment. Schedule an appointment by visiting GMC’s third-party inspector at
AutoVINLive.com
or by calling their service number, 1-800-556-2811.Remember, if you do need repairs on your leased Yukon, double-check if this maintenance is covered under your warranty, and be sure to send all receipts to
leaseendexperience@gmfinancial.com
. It’s preferable to return your GMC Yukon to the dealership where you signed the lease. Before you do, make sure you remove all your personal belongings from the vehicle, that means:
- Sunglasses
- Parking passes or fast-lane passes
- Phone chargers
- Garage door openers
- Anything stored in the center console
It’s also to your benefit to make sure the vehicle is clean inside and out. You don’t want to give the dealership any reason to tack on extra charges when you turn your Yukon in.
Be advised that you will also be charged a disposition fee when you turn in the vehicle—if you are planning on choosing another GMC to lease at the time of your return, there’s a chance this fee may be waived.
How to purchase a leased GMC Yukon
You have the option to purchase your Yukon at any point during the leasing period. Visit the dealership where you signed the lease to go over what steps you need to take to buy out the vehicle. The payments you made during your lease term will be factored into your purchase price.
To get more information regarding the purchase price, you can call GM Financial at 1-866-631-0132.
How to find the best car insurance for a GMC Yukon
Leased and financed vehicles deserve only the best when it comes to protecting them with a solid car insurance policy. Luckily,
Jerry
is a trusted super app
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