- #17 of 129
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2007 ESCALADE EXTLEASE
by jaleen1994
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Jun 08, 2006 (5:34 pm)
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MY QUESTION WHAT ON THIS LEASE RIGHT UP ARE AREAS I CAN NEGOTIATE MORE. MSRP 57900.00 GMS PRICE 51636.83 RESIDUAL.69 LEASE FRCTR 7.45 TERM 27/12000 TRADE 25000.00 PAYOFF 19500.00 TAX 8.0 PURCHASE OPT 500.00 INIT PAYMENT 6205.95 580.70 MONTHLY WHAT AREA CAN I GO BACK IN AND TALK DOWN AND WHAT IS THE BEST POSSIBLE LEASE INTREST RATE OUT NOW FOR THESE VEHICLES. THANK U
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- #18 of 129
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Re: Escalade Lease [nycinnc]
by Car_man HOST
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Jun 09, 2006 (2:47 am)
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Replying to: nycinnc (May 18, 2006 1:16 pm)
Thanks for the additional info, nycinnc. OK, according to my calculations, if you were to lease a 2007 Cadillac Escalade with an MSRP of $63,395 and a selling price of $56,260 through GMAC right now for 24 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $910. The payment for an otherwise identical 36 month lease would be around $859.
Car_man
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- #19 of 129
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Re: Escalade Lease [mil6753]
by Car_man HOST
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Jun 09, 2006 (5:02 am)
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Replying to: mil6753 (May 27, 2006 8:01 am)
Here you go, mil6753. If you were to lease a 2007 Cadillac Escalade through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 6.95% and 55%, respectively. As you can see, GMAC uses lease rates instead of money factors to calculate the interest portion of lease payments. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400.
Car_man
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- #20 of 129
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2006 Escalade
by jbratx
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Jun 09, 2006 (5:33 pm)
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Car_man,
I interested in purchasing a 2006 Cadillac Escalade the base model 2WD/Black Raven. The dealer quoted me a price of $45,000 after all the rebates w/ a MSRP $54,725. This price seems a little to good to be true is their something I'm missing. Consumer Reports bottom line price is $43,570. Could there be hidden profits I don't know about? Should I except this deal?
- Thank You
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- #21 of 129
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Re: Escalade Lease Price [mil6753]
by Car_man HOST
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Jun 11, 2006 (5:09 am)
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Replying to: mil6753 (Jun 06, 2006 7:38 pm)
Hi mil6753. Here's the info that you're looking for. If you were to lease a 2007 Cadillac Escalade through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 6.95% and 55%, respectively. As you can see, GMAC uses lease rates instead of money factors to calculate vehicles' lease payments. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
Car_man
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- #22 of 129
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Re: 2007 ESCALADE EXTLEASE [jaleen1994]
by Car_man HOST
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Jun 11, 2006 (6:05 am)
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Replying to: jaleen1994 (Jun 08, 2006 5:34 pm)
Hi jaleen1994. since you are already getting the GMS price for the truck that you want, you can't negotiate any more on its selling price. The only other aspect of your deal that the dealer can profit from is its lease rate. GMAC's current base lease rate for a lease of an '07 Escalade EXT is 3.95%. As you can see, it appears as though the dealer you are working with is marking up your truck's lease rate to add additional back-end profit to your deal. This practice is fairly common, but can usually be avoided by consumers who confront dealers with vehicles' base lease rates.
Car_man
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- #23 of 129
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Re: 2006 Escalade [jbratx]
by Car_man HOST
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Jun 11, 2006 (6:07 am)
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Replying to: jbratx (Jun 09, 2006 5:33 pm)
Hi jbratx. I don't believe that General Motors is providing any hidden incentives like dealer cash on the 2006 Escalade. The only incentives that I am aware of on it right now are 0% financing for up to 5 years and 1.9% for 6 years or $5,500 customer cash.
Car_man
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- #24 of 129
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Re: 2006 Escalade [Car_man]
by jbratx
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Jun 11, 2006 (12:39 pm)
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Replying to: Car_man (Jun 11, 2006 6:07 am)
Hey Car_Man,
So, do you think $45,000 is a good deal for the 2006?
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- #25 of 129
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Re: 2007 ESCALADE EXTLEASE [Car_man]
by jaleen1994
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Jun 11, 2006 (6:26 pm)
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Replying to: Car_man (Jun 11, 2006 6:05 am)
CAR_MAN
THANK YOU BUT WHERE CAN I FIND THIS BASE LEASE RATE AT ONLINE SO I CAN PRINT IT OUT AND GO BACK IN WITH IT. THANK YOU
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- #26 of 129
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Re: 2006 Escalade [jbratx]
by Car_man HOST
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Jul 02, 2006 (8:53 am)
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Replying to: jbratx (Jun 11, 2006 12:39 pm)
Hey jbratx. What is this truck's MSRP? If you let me know, I'll tell you what I think. Also, you may want to stop by the following discussion to see how much other community members have paid for similar trucks lately: "Cadillac Escalade: Prices Paid & Buying Experience".
Car_man
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