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Cadillac Escalade Lease Questions

139 messages, Last post on Nov 04, 2009 at 3:53 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Car_man. GM announced $2,000 customer cash and another $2,000 for GM trade-in. Do they apply to leases? thanks
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Does anyone know the current money factor and residual on a 2008 Escalade AWD(not the ESV or EXT) for both a 24 month and 36 month lease?
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I just came from my Cadillac dealer and got the following #'s and want to know what you guys think. MSRP: 62475 Cap Cost: 58,840 (GMS pricing) Cap Cost Reduction (GM loyalty discount): 1850 Interest Rate: 7.15 Sales Tax: 7% I calculated the following prices for a 12,000 miles/year lease with no money down (just paying first payment, bank fees, motor vehicle fees, etc. up front - probably just under $2000): 36 months (59% residual): $885.71 30 months (63% residual): $922.07 24 months (68% residual): $946.76 The actual costs per month that they quoted me were $901, $939, and $966 respectively but those weren't right once I ran the #'s through my lease calculator, Even with the reduced figures I arrived at without using dealership math, the #'s seem high to me. The only other option I considered is doing a 36 month lease with 10,000 miles/year. I didn't get all of the #'s for that but was quoted a rate of $868/month for that option (I'd have to get the #'s and run them through my lease calculator to see if that's right). What do you guys think of this? Should I try beating them up to get pricing even lower than GMS or is that about as low as I'm going to realistically get? |
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Hi...I've been negotiating an escalade lease for a few weeks and have gotten it down to $775 a month plus tax, 39 months 15k miles with 2k out of pocket at signing. Tax where i am is 6% so my total is $821.50. Is your price including tax or plus tax? Also, check out a 39 month option. Cadi has been offering a strong program on 39 months since the beginning of the year. hope this helps
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Replying to: robihris99 (Apr 08, 2008 6:45 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: psywzrd (Apr 09, 2008 10:42 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: 954brian (Apr 11, 2008 7:57 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi - I'm not sure if this the proper place to post this. I am considering a lease on an 2007 Escalade, with an MSRP of $62.5K. This is a lease transfer on a 39 month lease. There are 29 mos remaining on this lease. The car has 4800 miles on it, and is in new condition. The lady had put a considerable down payment on the lease and has now decided that the Escalade is not for her. Her payments are $628/mo (inclusive of tax), with 10K mi/year. With 29 months remaining on this lease, the average miles per month for the remainder of the lease term will be 1000/mo. This seems to be a very good deal to get into an Escalade with the only upfront costs to me being $595 lease transfer fee. Would it be worthwhile to look at new lease options as well, or am i looking at a pretty good deal here. Are there other things i need to consider or should think about in terms of end of lease costs. Thanks in advance for any help. |
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Why do people pay (at least the depreciation)on a $60,000 -- 70,000 vehicle that is a Chevy truck that GM builds for about $18,000?
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Replying to: parnelli66 (Jun 20, 2008 8:05 am) |
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