- #65 of 129
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Re: 48 Month Lease [briansowa]
by mil6753
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Mar 30, 2007 (7:20 am)
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Replying to: briansowa (Mar 29, 2007 8:16 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.
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- #66 of 129
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Smart Buy
by achadha1
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Apr 01, 2007 (8:19 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.
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- #67 of 129
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Re: March Lease Rates [monkeyshift]
by Car_man HOST
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Apr 10, 2007 (3:50 am)
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Replying to: monkeyshift (Mar 01, 2007 3:27 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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- #68 of 129
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Re: March Lease Rates [shfawaz]
by Car_man HOST
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Apr 10, 2007 (3:58 am)
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Replying to: shfawaz (Mar 01, 2007 3:34 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
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- #69 of 129
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Re: 48 Month Lease [briansowa]
by Car_man HOST
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Apr 10, 2007 (4:03 am)
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Replying to: briansowa (Mar 29, 2007 8:16 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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- #70 of 129
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36 or 39 Month Lease Rate
by bama12
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Apr 19, 2007 (5:42 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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- #71 of 129
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Re: 36 or 39 Month Lease Rate [bama12]
by Car_man HOST
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May 01, 2007 (2:41 am)
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Replying to: bama12 (Apr 19, 2007 5:42 pm)
Here you go, bama12. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac Escalade AWD with 10,000 miles per year are 6.15% and 60%, respectively. The numbers for an otherwise identical 39 month lease are 6.15% and 59%. General Motors is currently providing a $1,500 cash incentive on leases of this truck through GMAC. Make sure to take this cash into account when negotiating the capitalized cost for your lease. It is difficult to say what GM's future incentives on the Escalade will be like. Its current program on it is scheduled to run through July 9th, but I would not be surprised if GM made an unscheduled enhancement to its incentives some time in May. This wouldn't necessarily have an impact upon the Escalade and it may or may not happen, but I have a hunch that it will.
Car_man
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- #72 of 129
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Re: 36 or 39 Month Lease Rate [Car_man]
by bama12
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May 01, 2007 (5:19 pm)
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Replying to: Car_man (May 01, 2007 2:41 am)
Thanks Car_man. This is very helpful!
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- #74 of 129
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Re: 36 or 39 Month Lease Rate [bama12]
by Car_man HOST
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Jun 06, 2007 (2:51 am)
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Replying to: bama12 (May 01, 2007 5:19 pm)
You're very welcome, bama12.
Car_man
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