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Cadillac Escalade Lease Questions

140 messages,  Last post on Nov 19, 2009 at 2:59 PM

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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#61 of 140
Got My Own Answers by shfawaz
Mar 16, 2007 (5:56 pm)
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Replying to: monkeyshift (Mar 16, 2007 5:45 pm)

Went to a dealer today, got the scoop. On a 24 month GMAC low mileage lease the residual is 70% with a money rate of 6.15% and bank fee of 595. There is currently $2,500.00 (started yesterday) cap cost reduction (bonus cash) on the Escalade. I was told that the residual drops to 69% if the Escalade has the $2999 22" aluminum wheels. I also read on AOL that GM is offering a whopping $6,500 rebate on the Escalade ESV or EXT (purchase). Of course, that never carries over to leases, but I'd be curious to know how much of that does, although a $2,500 cap cost reduction isn't too shabby.
#62 of 140
Re: Got My Own Answers [shfawaz] by monkeyshift
Mar 17, 2007 (7:55 am)
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Replying to: shfawaz (Mar 16, 2007 5:56 pm)

thanks, let me know how you're lease comes out, I too am looking for a 24 month, 10k lease on either the escalade or a loaded denali.
#63 of 140
Priced One-$599 for 24 months by shfawaz
Mar 17, 2007 (12:08 pm)
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I priced a $64,000 2WD Escalade using my GMS employee discount pricing and with 6% Florida sales tax and the $2,500.00 cap cost reduction, the 24 month low-mileage lease came to $599.24/mo, a phenomenal deal. Sadly, I may not be able to take advantage of this since the GMAC lease pull-ahead offer is pretty lame, they're only willing to waive two of six remaining payments, leaving me with 4 to cover myself, something I probably won't do. This first time I did lease pull-ahead GMAC waived 8 months of payments, the next lease they waived is six payments, and my last lease, they only waived a measly 3 payments.
 
With the way sales are going now, (two different showrooms I visited were like a ghost-town) you'd think they'd improve the pull-ahead program instead of diluting it. Typical GM arrogance I guess. Guess I'll have to revisit this in four months, if at all. Two months of waived payments is hardly incentive enough "LOYALTY" as far as I'm concerned and could ultimately lead me to explore other non GM offerings. With family that works for both Ford and Chrysler, I have plenty of choices.
#64 of 140
48 Month Lease by briansowa
Mar 29, 2007 (7:16 am)
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Hi everyone...
 
Looking at doing at lease of a 2007 Escalade, but the quote seems high to me.
 
48 months - 15,000 miles/year
 
MSRP 65,690
Supplier Price - 60,919
 
I am going to be about $11,000 in the hole on my trade in.
 
The dealership told me there was an "enhanced" residual of 47% and that there was $2500 bonus cash? Does that sound right?
 
The payments they quoted me was $1193/month.
 
Does that sound right?
#65 of 140
Re: 48 Month Lease [briansowa] by mil6753
Mar 30, 2007 (6:20 am)
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Replying to: briansowa (Mar 29, 2007 7:16 am)

"Enhanced" residual - sounds like they took 12% off to enhance. This sounds like pretty bad quote you received. I got mine in October and residual was at 56 or 58%. MSRP 64800, negotiated price was in mid 50's. Base payment on 3 year lease was just under 800.
#66 of 140
Smart Buy by achadha1
Apr 01, 2007 (7:19 pm)
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Has anyone got good deals on Smart Buy? This is similar to a lease but you have a choice of giving the car back for 250 bucks or making a ballon payment at end of a 4 year or 5 year term.
#67 of 140
Re: March Lease Rates [monkeyshift] by Car_man HOST
Apr 10, 2007 (2:50 am)
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Replying to: monkeyshift (Mar 01, 2007 2:27 pm)

Hey monkeyshift. GMAC's current base lease rate and residual value for a 27 month lease of a 2007 Cadillac Escalade EXT with 10,000 miles per year are 6.15% and 68%, respectively. The numbers for an otherwise identical 39 month lease are 6.15% and 59%, respectively. When negotiating the capitalized cost for your lease, make sure to take the $1,500 lease cash that is currently available on this truck into account.
 
Car_man
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Prices Paid Forum
#68 of 140
Re: March Lease Rates [shfawaz] by Car_man HOST
Apr 10, 2007 (2:58 am)
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Replying to: shfawaz (Mar 01, 2007 2:34 pm)

Hi shfawaz. GMAC's base lease rate for a 24 month lease is exactly the same as the rates that I mentioned in my previous post. Its current 24 month, 10,000 mile per year residual value for the 2007 Cadillac Escalade is 70%.
 
Car_man
Host
Prices Paid Forum
#69 of 140
Re: 48 Month Lease [briansowa] by Car_man HOST
Apr 10, 2007 (3:03 am)
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Replying to: briansowa (Mar 29, 2007 7:16 am)

Hi briansowa. Ouch, you're $11,000 upside down on your trade. If I was that upside down, I personally would be inclined to wait until I was less upside down to get a new vehicle. At least you are able to purchase your new Escalade through General Motors' supplier purchase program. It assures you that you are getting an attractive price. At the end of March GM was providing a total of $2,500 in cash incentives on this model, $1,000 bonus cash PLUS $1,500 lease cash. Unfortunately the bonus cash expired, so there is currently only $1,500 lease cash on this model. You probably would be better off waiting until later in the month to do anything. GM enhanced its incentives in both late February and late March. If the pattern holds, and GM recently hinted in its monthly sales conference call that it will, then it will enhance its incentives again in late April.
 
Car_man
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Prices Paid Forum
#70 of 140
36 or 39 Month Lease Rate by bama12
Apr 19, 2007 (4:42 pm)
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Carman- We're considering a lease on a 07 Escalade AWD. Could you give me the current base lease rate and residual for 36 and 39 months with 10,000 miles per year? Are you aware of any rebates or dealer incentives on such a lease? Should we expect additional incentives within the next couple of weeks?
 
Thanks for your help!!

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