Hi Ray,

My 3-year lease is up on my silver 2007 GMC Sierra 1500 SLE 4x4 extendacab, vortex max with tow package (cloth seats, a/c, CD, power windows/doors/mirrors). Has 40,000 KM's.

I live in Ottawa, Ontario, Canada. I'm wondering how much this truck is worth? I'm deciding on whether or not to buy-out the lease, so i was wondering what do you think a good buy-out price would be?

So far the dealer has offered me $23,500 (Canadian $$$) buy-out for the truck.

I checked the Black Book, thats an excellent buy with those Km's.

What do you mean by saying the dealer has offered you at $23,500 - is that not the buy out price on the lease from GMAC ?

Yes that's the buy-out price.

Thanks Ray!