Latest Industry News
July 1, 2022
Posted by Chloe Taylor

GMC’s Bold Price Raise Effects New Car Lease Deals & Financing

With the unending increase in the cost of materials and rising demand for new cars, many automakers have been forced to increase the retail price of their vehicles. It even gets worse that most dealers sell at and above the car sticker prices. As expected, the average lease prices of new cars have increased significantly with the high sticker prices.

Already, carmakers, including General Motors, have increased the retail price of their cars in the US. If you’re wondering when all things will go back to normal so you can lease a new GMC, my advice is you lease a new car today, as the price may continue to rise. Last summer, the average retail price first crossed a $40,000 threshold. This summer, it topped an extra $7,000.

So if you’re wondering about the current MSRP and average lease prices of a new GMC, here’s all you need to know.

New GMC Cars MSRP & Average Lease Prices

GMC is renowned for its capable and versatile range of truck-like SUVs and excellent trucks. Whether you want to lease a new GMC SUV or truck, leasing a new GMC with VIP Auto Lease will always get you the lowest possible lease rates.

GMC Canyon

If you’re looking for a compact truck with serious off-road ability, nice features, and excellent hauling ability, leasing the Canyon is the deal. This compact truck’s average lease price is $604/month for 36 months. In 2021, the GMC Canyon starting MSRP jumped from the constant $22,200 in 2019 and 2020 to $26,400. This year, the price starts at $26,800.

GMC Sierra 1500

If you need a more versatile and capable pickup truck, leasing the Sierra 1500 with an average monthly lease price of $649 is the deal. This full-size truck has a starting MSRP of $37,195 against the $29,600 and $29,700 of 2020- and 2021-year models.

GMC Terrain

The spacious and comfortable compact Terrain lease is a decent option if you’re looking for a compact SUV. To lease this utility-oriented SUV today, you’d be paying an average lease price of $512/month for 36 months. The GMC Terrain starting MSRP has been moved so much, from the 2019/2020/2021 price of $25,000 to the 2022 price of $29,545.

GMC Acadia

Shoppers looking for a handsome and comfortable family SUV with a tad of luxury features at a reasonable price always go for the GMC Acadia lease. The current average Acadia lease price per month has increased to $608 for 36 months as its starting MSRP has increased from the 2019 MSRP of $29,000 to 2020 and 2021 $29,800, and finally, this year’s $36,195.

GMC Yukon

Check out the Yukon lease deal if you want something beyond the basic utility focus that a GMC SUV offers. From 2019 to 2022, the Yukon’s starting MSRP has moved from $49,600, to $50,600, $50,700, and $55,795. Its current average lease price is $815.

No matter the GMC model you choose, VIP Auto Lease is here to give you the lowest possible lease prices. Contact us today at 1204 Hylan Blvd, Staten Island, NY 10305

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