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Cadillac Escalade Lease Questions

139 messages,  Last post on Nov 04, 2009 at 3:53 AM

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

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#81 of 139 Re: New Lease [shfawaz] by Car_man HOST Jul 16, 2007 (1:19 am)
Replying to: shfawaz (Jul 13, 2007 3:17 am) Hi shfawaz. It is difficult for me to say why the dealer came up with a payment that is slightly higher than the one that you calculated. Did you compare payments before sales tax was added in? Perhaps you are calculating it differently than it is done in your state. At least $6 per month isn't a huge difference.   Car_man Host Prices Paid Forum
#82 of 139 07 Escalde Price by dcbeltran Jul 21, 2007 (5:00 am)
Hey Carman,    I need some help. I will be getting a new 07 Escalde next month through the GM PEP program. It's a company car with MSRP at 66985.00 and depending on the miles that I get the vehicle delivered to me the cost will be; PEP1 1-3,000 (miles) $56770.75 PEP2 3,001-6,000 $55059.10 PEP3 6,001+ $53062.18   It says in the program that I can also get whatever incentives are out there at the time. Could you give me a rough lease breakedown with these prices and 15k miles month? Thanks -Dariel Replies to this message: Car_man (Aug 27, 2007 1:32 am)
#83 of 139 07 Escalade Lease Price by squirrel1970 Jul 21, 2007 (6:18 pm)
Hello, I'm a newbie here and in the market for an 07 Escalade. I was at the dealership today and here's what they told me.   Sticker Price: $64,160 Cash Back: Up to $8000 (Never stated the exact amount I was getting)   Monthly payment before taxes: $805 This was for a 36mo lease with 12k miles.   Does this sound right? Anyone know what the current money factor and residual value is?   Appreciate any help.   Thanks Replies to this message: Car_man (Aug 27, 2007 1:36 am)
#84 of 139 ESV Lease incentives and rates by 996twint Jul 24, 2007 (2:16 pm)
Can the $1500 lease incentive be used with the $3000 cash incentive? I am looking to lease a 2007 ESV and wanted to make sure I was getting all my cash back. Also what are the current lease rates for both 24 and 39 months? Thanks for any help. Replies to this message: Car_man (Aug 27, 2007 1:40 am)
#85 of 139 2008 Escalade ESV Residuals by 996twint Aug 21, 2007 (7:13 am)
Hi Carman,  Are the 2008 Escalade ESV residuals better than the 2007? What are they compared to the 2007? I'm looking at either 24 or 39 months and was trying to decide which would be the best way to go.  Thanks for any help. Replies to this message: Car_man (Aug 27, 2007 1:42 am)
#86 of 139 Re: 07 Escalde Price [dcbeltran] by Car_man HOST Aug 27, 2007 (1:32 am)
Replying to: dcbeltran (Jul 21, 2007 5:00 am) Hi Dariel. I'd hate to see your gas bill if you drive 15,000 miles per month . General Motors is currently providing $1,500 lease cash on the 2007 Cadillac Escalade. It is providing additional bonus cash on Escalade models that have been sitting on dealer lots for a long time. Specifically, there is $1,000 on units that have been in dealer stock since 1/11/07 and $2,000 on models that have been around since 11/12/06. Since I can't be sure that you will go with a model that is that old, for now I will ignore this cash but keep it in mind if you find an older model that you like.   According to my calculations, if you were to lease an '07 Cadillac Escalade PEP1 that has an MSRP of $66,985 and a selling price of $55,271 through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $748. The payment for an otherwise identical lease of a PEP2 would be around $697. The payment for an otherwise identical PEP3 would be around $636. I haven't calculated many leases on vehicles that were purchased using the PEP program, so I am assuming that it does not have any impact upon GMAC's residual values. If it does, these payments are not correct.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#87 of 139 Re: 07 Escalade Lease Price [squirrel1970] by Car_man HOST Aug 27, 2007 (1:36 am)
Replying to: squirrel1970 (Jul 21, 2007 6:18 pm) Welcome squirrel1970. You never mentioned the selling price of the Escalade that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.   For now I can give you an idea of what its current lease program is like. GMAC's base lease rate for a 36 month lease of an '07 Cadillac Escalade is 6.15%. Its 36 month, 12,000 mile per year residual value is 59% on models without the top of the line wheels and 58% on models with them. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert lease rates into approximate money factor equivalents by dividing them by 2400. When negotiating your lease on this truck, make sure to take the cash incentives that I mentioned in my previous post into account.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#88 of 139 Re: ESV Lease incentives and rates [996twint] by Car_man HOST Aug 27, 2007 (1:40 am)
Replying to: 996twint (Jul 24, 2007 2:16 pm) Hi 996twint. The $1,500 lease cash incentive is not compatible with the normal $3,000 customer cash. Having said this, GM is providing additional bonus cash on Escalade models that have been sitting on dealer lots for a long time. Specifically, there is $1,000 on units that have been in dealer stock since 1/11/07 and $2,000 on models that have been around since 11/12/06.   GMAC's base lease rate for a 24 or 39 month lease of an '07 Cadillac Escalade is 6.15%. Its 24 month, 15,000 mile per year residual value is 66% on models without the top of the line wheels and 65% on models with them. The 39 month numbers are 55% and 54%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#89 of 139 Re: 2008 Escalade ESV Residuals [996twint] by Car_man HOST Aug 27, 2007 (1:42 am)
Replying to: 996twint (Aug 21, 2007 7:13 am) Hi 996twint. Interestingly, the 2008 Cadillac Escalade's lease rates and residual values are currently exactly the same as the 2007 models' numbers. Take a look at my previous post to see what they are. As a result, given the additional cash incentives and dealer discounts that will be available on them at this point it will be cheaper to lease an '07 model.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#90 of 139 Re: Cadillac Escalade: Lease Questions [Car_man] by kjda Sep 08, 2007 (12:06 pm)
Replying to: Car_man (Aug 31, 2005 2:18 am) I'm interested in leasing an '08 escalade esv with an msrp of 72000.00 I see there are no incentives, but what should my estimate payment be for a 36 month with 15000 miles. I appreciate the info. I went to cadillac's website and it estimated it at 1245.00. Is that accurate?

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