- #107 of 255
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Re: April Lease factors [Car_man]
by goodtogo
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May 21, 2007 (4:37 am)
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Replying to: Car_man (May 01, 2007 2:20 am)
Are the lease rates and residual values significantly different for a 24mos/12,000 mile per year lease deal on a 2007 V-8 SRX?
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- #108 of 255
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Re: 2007 lease-- Need help asap [fletch58]
by Car_man HOST
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Jun 06, 2007 (2:07 am)
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Replying to: fletch58 (May 19, 2007 8:31 am)
Hi Jack. As you have seen, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400. For example, its 3.95% lease rate for the 2007 Cadillac SRX would be equivalent to a money factor of around .00165. I would be happy to use GMAC's current lease program to estimate what your monthly payment would be on the SRX that you are interested in. I just need you to provide me with its full MSRP first. Both the MSRP and selling price are necessary when calculating lease payments.
Car_man
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- #109 of 255
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Re: April Lease factors [goodtogo]
by Car_man HOST
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Jun 06, 2007 (2:11 am)
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Replying to: goodtogo (May 21, 2007 4:37 am)
Hey goodtogo. GMAC's current base lease rate and residual value for a 24 month lease of a 2007 Cadillac SRX V8 with 12,000 miles per year are 3.95% and 65%, respectively.
Car_man
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- #110 of 255
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finding lease cash and concoquest
by janda1010
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Jun 07, 2007 (11:44 am)
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Carman,
one of my local dealers "cant find" all the lease cash and conquest incentive. Where can I politly direct them to look? A different dealership was upfront with the rebates but does not have the car I want in stock. I also get GMS discount, any advice?
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- #111 of 255
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Visited A Dealer Today
by shfawaz
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Jun 07, 2007 (7:04 pm)
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I was told by a dealer in Fort Lauderdale FL that the current offers on the SRX are 3.95%, 66% residual for a 10,000 mile/year 2 year lease, and $3,325 in cap cost reductions. For a $45,155 MSRP and a GMS price of 40,319, my payment would come to $435.65 plus 6% Florida sales tax. The dealer broke down the cap cost reduction to $2,250 and $1,075. My question is whether or not the $1075 is conquest cash or additional money from GM? If it is not conquest cash, is the $1,000 conquest cash still available in the Miami/South Florida market? I assume this can be added to the cap cost reduction for a lower payment.
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- #112 of 255
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Re: Visited A Dealer Today [shfawaz]
by janda1010
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Jun 09, 2007 (4:24 pm)
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Replying to: shfawaz (Jun 07, 2007 7:04 pm)
I was told that the conquest cash can not be combined with gms pricing?
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- #113 of 255
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Conquest Cash
by smokiejoe
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Jun 11, 2007 (2:39 pm)
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Not at a dealer I talked to in PA.
I believe $1,000 off if you have a non GM Vehicle + GMS Price + $2,000 Rebate.
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- #114 of 255
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Re: Conquest Cash [smokiejoe]
by shfawaz
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Jun 11, 2007 (2:54 pm)
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Replying to: smokiejoe (Jun 11, 2007 2:39 pm)
So is this thousand dollars conquest in addition to the $3325 cap cost reduction already provided or is it part of it?
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- #115 of 255
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Re: Conquest Cash [smokiejoe]
by janda1010
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Jun 11, 2007 (6:25 pm)
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Replying to: smokiejoe (Jun 11, 2007 2:39 pm)
Any info on the dates the lease cash is good till? I thought with GMS the dealer was required to give me all available incentives, but i think they are trying to hold back the rebate. Would they get it then? Maybe they truly dont know!(yeah, I am naive) Does any one know where I can find something official to bring in to show I should get the lease cash, rebate and GMS? I didnt see it on the GM web site. Jeannie Jacksonville Fl
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- #116 of 255
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Lease Cash
by shfawaz
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Jun 12, 2007 (2:56 pm)
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Replying to: janda1010 (Jun 11, 2007 6:25 pm)
Current SRX incentives and SRX lease cash is good thru July 9, 2007. Definitely $3325 should be deducted from the GMS price to come to your adjusted cap cost. Some dealers will hold back and they are only required to give you GMS pricing, any incentives out there are up to you to persue. If you don't ask, they don't have to tell, resulting in a higher monthly payment. Unfortunately there isn't anything published anywhere that verifies this, you just have to tell them and do your own calculation based on the info here to figure out if they are giving you all the incentives and rebates you are entitled to. If not, go elsewhere. The dealer knows, they're hoping you don't.
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