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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

What is this discussion about? Cadillac Escalade, Cadillac Escalade ESV, Cadillac Escalade EXT, Car Leasing, SUV


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#113 of 139
current lease terms by psywzrd
Apr 09, 2008 (10:42 am)
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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?
#114 of 139
Escalade lease deal by psywzrd
Apr 11, 2008 (5:24 am)
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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?
#115 of 139
reply to escalade lease deal by 954brian
Apr 11, 2008 (7:57 am)
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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
#116 of 139
Re: robihris99 [robihris99] by Car_man HOST
May 06, 2008 (2:43 am)
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Replying to: robihris99 (Apr 08, 2008 6:45 pm)

Hi robihris99. unfortunately, the $2,000 customer cash that General Motors is currently providing on the 2008 Cadillac Escalade is not compatible with its special lease program. GM is currently providing a cash incentive of $850 on leases of this truck plus an additional $1,000 owner loyalty / conquest cash that is available to just about everyone ($1,850 total).
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#117 of 139
Re: current lease terms [psywzrd] by Car_man HOST
May 06, 2008 (2:49 am)
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Replying to: psywzrd (Apr 09, 2008 10:42 am)

Here's the information that you're looking for, psywzrd. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Cadillac Escalade AWD with 15,000 miles per year are 6.15% and 66%, respectively. The numbers for an otherwise identical 36 month lease are 6.15% and 56%. When negotiating your lease on this truck, make sure to take advantage of the $850 lease cash and $1,000 owner loyalty / conquest cash ($1,850 total) that are currently available on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#118 of 139
Re: reply to escalade lease deal [954brian] by Car_man HOST
May 06, 2008 (2:58 am)
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Replying to: 954brian (Apr 11, 2008 7:57 am)

Thanks for taking the time to share the details of your lease, 954brian. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to tell everyone about your recent dealer experience as well.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#119 of 139
Lease Payment - $628/mo, MSRP - $62599 by moolie26
May 20, 2008 (3:43 am)
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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.
#120 of 139
Insanity by parnelli66
Jun 20, 2008 (8:05 am)
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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?
#121 of 139
Re: Insanity [parnelli66] by gforce11
Jun 26, 2008 (10:38 am)
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Replying to: parnelli66 (Jun 20, 2008 8:05 am)

For the same reason they drive an SUV with gas prices nearing $5 per gallon.
#122 of 139
ESCALADE LEASE DEAL- OPINION by burbank
Jul 31, 2008 (12:08 pm)
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I just came from my Cadillac dealer and got the following #'s and want to know what you guys think.
  
I would like your opinion of the Cadillac Escalade lease deal I was just offered. Please let me know if this is a good deal please, or should I try to get it down a little. Any help is GREATLY appreciated.
 
2008 Escalade AWD with AWD Entertainment Collection- LOADED with DVD
MSRP: 68420
Gross Cap Cost: 62191
Adjusted Cap Cost Reduction 58591
This is a SIGN AND DRIVE NOTHING OUT OF POCKET
  
I am being offered a SIGN and DRIVE deal for 39 months at 12,000 miles/year lease with the dealer even paying the first month. The terms would leave me with 38 months left at $717 plus tax for a total of $760/month. I do not know the MF, but should I pull the trigger or is there more room to deal. Please let me know.
 
Thanks

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