Last post on Aug 06, 2013 at 5:12 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Cadillac Escalade, Cadillac Escalade ESV, Cadillac Escalade EXT, Car Leasing, SUV
#38 of 305 Re: Feb lease rates [monkeyshift]
Feb 01, 2007 (2:41 am)
I sure can, monkeyshift. Here you go. According to the latest information that I have seen, GMAC's February base lease rate and residual value for a 27 month lease of a 2007 Cadillac Escalade with 10,000 miles per year are 6.15% and 68%, respectively. The numbers for an otherwise identical 36 month lease are 6.15% and 60%. When negotiating the capitalized cost for your lease, make sure to take advantage of the $1,000 lease cash that GM is currently providing on the '07 Escalade.
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#39 of 305 Re: Feb lease rates [Car_man]
Feb 01, 2007 (9:22 am)
Thanks carman, you rock. Also, are those rates the same for the Denali and Denali xl? I can't seem to make up my mind between the two brands...
#40 of 305 Re: Feb lease rates [Car_man]
Feb 07, 2007 (9:44 am)
Car man, sorry to belabor this lease payment stuff, but I am almost about to pull the trigger and I think the payment I'm being quoted is too high and I'd like to try to confirm.
Negotiated price: 64100
39 Month lease, 10k miles/year
According to your figures and a lease calculator I found online, the payment should be about $50 lower per month. I adjusted the residual value to 57% to account for the extra three months the car would be in my possession.
Any help from you or any other member of the board would be much appreciated. Thank you.
#41 of 305 Re: Feb lease rates [cittner]
Feb 07, 2007 (1:41 pm)
I tend to think the price you were quoted is too high as well. I leased my 07 in Oct w/zero down and $828 per month (tax included). Sticker was 64800. Verify the interest rate you were given...when I balked at their original 900+ payment, it turns out the interest rate mysteriously was 'bought down'.
#42 of 305 Re: Feb lease rates [mil6753]
Feb 08, 2007 (10:18 pm)
You got a great deal. Would you be so kind and tell us what interest rate were quoted and then what interest rate did you finally get? Also, are you located in state where you pay a monthly use tax, and if so, what percent? Did you receive a rebate which reduced the cost of the vehicle, and if so, how much? What was the name and location of the dealer where you leased your Escalade from? Thank you.
#43 of 305 Re: Feb lease rates [lvdh]
Feb 12, 2007 (1:18 pm)
Hey car man,
Thanks for all your info! For an 07 Escalade ESV, is the $1000 lease cash in addition to the $2150 GM money.
#44 of 305 Re: Feb lease rates [lvdh]
Feb 12, 2007 (1:49 pm)
I've been out of town but will try to remember to look at my paperwork tonight.
#45 of 305 2007 ESCALADE PEP PRICING
Feb 14, 2007 (1:51 am)
AS A GM EMPLOYEE I AM OFFERED A 2007 ESCALADE EXECUTIVE VEHICLE FOR $48600.00, MSRP IS 64500.00.PURCHASE PRICE IS $35000 AFTER 39 MONTHS.
THE LEASE I RECEIVED WAS $600.00 MONTH, 58% RESIDUAL AND GMAC RATE OF 6.15.
MY QUESTION IS REGARDING THE MSRP AND ACTUAL PRICE.WHICH SHOULD THE SALESMAN USE TO FIGURE OUT MY PRICE?
ALSO CAN I NEGOTIATE THE $35000 PURCHASE PRICE,EVEN THOUGH I AM GETTING THIS LOW PRICE?
I WANT TO MAXIMIZE EVERY SAVING POSSIBLE AS A GM EMPLOYEE.
#46 of 305 2007 Excalade Lease Offer
Feb 22, 2007 (8:26 am)
i am interested in leasing a 2007 Tahoe and will be trading a 2005 Cad EXT truck ..
the truck i own is financed with 3 years remaining...payments are $732.00...i bought this truck
with a pre certified warranty with Cadillac. it is warrantied up to 100,000 miles. it had 8K miles
on it when i bought it 2 years ago. It has 60K miles on
I am a dealer's dream because once a new body style comes out, I become
very disenchanted with the vehicle i own. Also, I feel like this truck will be worth very
little at the end of the payments because it will be a "generation- older" than the current available used
leasing is appealing to me since i trade about every 2 years.
where is the trade-in value calculated into a lease?
hope to hear from you soon...
#47 of 305 Re: Feb lease rates [lvdh]
Feb 22, 2007 (8:30 pm)
3 year, 36000 mile lease.
MSRP - $64815 (incl destination charge)
$2145 credit/rebate for navigation event
Gross Capitalized Cost: $58387.
Adj capitalized cost - $56242
Residual value - $37138
Base pymt 773.65, 7% sales tax - 827 per month.
Huber Cadillac in Omaha, NE
I did the deal in October 2006 and it was unique in that the vehicle was the dealership's wifes demo for 2 month. When she brought it back, it was promptly damaged by a parts delivery truck and required the drivers side front and rear doors outer 'skins' to be replaced. So, long story short, mine probably wasn't the typical deal....