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Prices Paid: Buying & Leasing Experiences Cadillac SRX Lease Questions
265 messages, Last post on Dec 08, 2009 at 6:38 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: ny_joe1101 (Nov 21, 2009 4:59 pm) you have the best deal i've seen yet. i wouldve taken it and ran. the only thing is they will only let you redeem $1,000 in GM points at a time, so $300 of your earnings will not be credited to that price. figure your out of pocket to be $3,500 instead of $3,200. the best deal i could find was : 2010 awd, luxury with nav, and rear entertainment for 39 mo. , 12k, $ 599.00 mo. w/ 2k upfront. and believe me, i played every dealer against each other.your deal is sweet. who did you go to? |
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Car Man: I have a buy price of $37,800 for a 2010 SRX with a MRSP of $40,230. What should my lease payments be for a 36 or 39 month lease for 12,000 or 15,000 miles per year. thanks
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Replying to: bigliljen (Nov 16, 2009 4:41 pm) Its current base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX FWD Performance with 12,000 miles per year are 3.55% and 50%, respectively. The numbers for an otherwise identical 48 month lease are 4.2% and 40%. Yes, the $600 cash incentive on leases through GMAC really does exist. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: lars1281 (Nov 27, 2009 3:08 pm) GMAC's December base lease rate for a 39 month lease of a 2010 Cadillac SRX is 3.55%. That is equivalent to a money factor of around .00148. GMAC just raised its residual values for the 2010 SRX, but I can't tell you what the exact resid should be for the model that you're interested in without a detailed description of it. I definitely would not pay $4,000 at lease signing on this truck if I was in your shoes. The less you can get away with paying at signing, the better. Consumers who plunk a lot of money down on leased vehicles are at risk of losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. You can and should go with a zero down lease on this truck. Don't pay any cap cost reduction on it, just your first month's payment, security deposit, and acquisition fee. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: srx010 (Dec 05, 2009 3:41 pm) The payment for a 36-month, 12,000 mile per year lease drops to around $556. The payment for a 39-month, 15k lease would be around $559. The 39-month, 12k payment would be around $540. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Thanks car_man for the numbers on the 2010 SRX.. I know you say never to put money down on a lease. But I have $2,000 in GM points. Should that come off the $37,800 or do I have to use the $2,000 as money down on the lease. How much does that take off the $559 - 39 mth 15K lease ? thanks
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Replying to: tezzz (Dec 01, 2009 2:11 pm) |
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Replying to: Car_man (Dec 07, 2009 2:38 am) bigliljen |
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Replying to: Car_man (Dec 07, 2009 2:49 am) Opted for the 2010 RX350 AWD with Premium/COmfort/NAV.. See my entry on Lexus forum. $47k car (about the same as the SRX I was looking at).. $2000 down vs. $4000 and same $600 payment. I wanted to buy Cadillac but was not willing to pay an extra $2000. Now I know why GM is coming out of bankcruptcy. |
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Replying to: srx010 (Dec 07, 2009 10:51 am) as far as i know, you can't use more than 1,000 gm points on any givin deal. it was not like that before, but when i went shopping for a new gm this week, that was what i was told from everyone i dealt with. maybe different from state to state though. |
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