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Cadillac Escalade Lease Questions

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

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

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#70 of 140 36 or 39 Month Lease Rate by bama12 Apr 19, 2007 (4:42 pm)
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!! Replies to this message: Car_man (May 01, 2007 1:41 am) bama12 (May 01, 2007 4:19 pm) Car_man (Jun 06, 2007 1:51 am)
#71 of 140 Re: 36 or 39 Month Lease Rate [bama12] by Car_man HOST May 01, 2007 (1:41 am)
Replying to: bama12 (Apr 19, 2007 4:42 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 Host Prices Paid Forum Replies to this message: bama12 (May 01, 2007 4:19 pm) Car_man (Jun 06, 2007 1:51 am)
#72 of 140 Re: 36 or 39 Month Lease Rate [Car_man] by bama12 May 01, 2007 (4:19 pm)
Replying to: Car_man (May 01, 2007 1:41 am) Thanks Car_man. This is very helpful! Replies to this message: Car_man (Jun 06, 2007 1:51 am)
#74 of 140 Re: 36 or 39 Month Lease Rate [bama12] by Car_man HOST Jun 06, 2007 (1:51 am)
Replying to: bama12 (May 01, 2007 4:19 pm) You're very welcome, bama12.   Car_man Host Prices Paid Forum
#75 of 140 Re: Cadillac Escalade: Lease Questions [Car_man] by 954brian Jun 17, 2007 (9:22 pm)
Replying to: Car_man (Aug 31, 2005 2:18 am) Hey Car Man,   I have a 2005 escalade that i pay $710 a month for. My lease is up this month and I am looking to roll into a new escalade (as fully loaded as possible). Here's my problem...for some odd reason I decided to get an 06 benz cls. I do love the car and i've had it over a year. however, my lease is up in june 08 on the benz and i'd like to roll that into the new escalade lease. I owe around 17k on the benz and would like to know what my options are. I'd like to do a 48-60 month lease on the new escalade so i can keep my monthly payments down. i just can't afford the benz and a new escalade and figured if i do a longer term lease, i'd be able to keep my payments under 1000 a month. Is it possible to do this? I'd like to be between 700-900 a month if possible. Any and all suggestions are greatly appreciated! I'm in South Florida and have no problem taking a lease from any dealership anywhere in the US as long as they can deliver the car. Unfortunately I have to take care of everything this week so if you can be of assistance, the sooner the better!   Thanks again!   Brian Replies to this message: mil6753 (Jun 26, 2007 10:48 am) Car_man (Jul 13, 2007 2:40 am)
#76 of 140 Re: Cadillac Escalade: Lease Questions [954brian] by mil6753 Jun 26, 2007 (10:48 am)
Replying to: 954brian (Jun 17, 2007 9:22 pm) Dang - I'd trade you my '07 Escalade for our CLS. Seriously I was deciding between these very 2 cars when I got the Escalade. Too bad you are in Florida and I'm in Nebraska - we could just swap.
#77 of 140 New Money by shfawaz Jul 02, 2007 (12:14 pm)
Anyone know if the lease cash has increased in light of the latest incentives GM introduced last week? Last time I looked there was $1500 cash-I know there is $750 additional GM employee bonus cash thru July 9. 2007, how or if this trickles down to leases is the question. Replies to this message: Car_man (Jul 13, 2007 2:43 am) shfawaz (Jul 13, 2007 3:17 am) Car_man (Jul 16, 2007 1:19 am)
#78 of 140 Re: Cadillac Escalade: Lease Questions [954brian] by Car_man HOST Jul 13, 2007 (2:40 am)
Replying to: 954brian (Jun 17, 2007 9:22 pm) Hey Brian. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.    You can determine approximately how much it will cost you to get out of your CLS lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.   If you do decide to lease a new Cadillac Escalade, definitely do so for 48 months instead of 60 months. GMAC's supported lease program on this truck is only available for up to 48 months. If you lease it for longer than this you will have probably have to pay a much higher interest rate.   Car_man Host Prices Paid Forum
#79 of 140 Re: New Money [shfawaz] by Car_man HOST Jul 13, 2007 (2:43 am)
Replying to: shfawaz (Jul 02, 2007 12:14 pm) Hi shfawaz. General Motors is still providing $1,500 lease cash on the 2007 Cadillac Escalade in July. I don't believe that the additional bonus cash for GM employees was extended though. At least I haven't seen any mention of it.   Car_man Host Prices Paid Forum Replies to this message: shfawaz (Jul 13, 2007 3:17 am) Car_man (Jul 16, 2007 1:19 am)

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