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Cadillac SRX Lease Questions

255 messages,  Last post on Dec 01, 2009 at 2:11 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Cadillac SRX, Car Leasing, SUV


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#117 of 255
Invoice pricing? by bodid
Jun 18, 2007 (1:21 pm)
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Anyone getting the SRX at or below invoice before the 3325. incentives and lease cash? Carman, what is the MF and residuals for 12K/15 and 36 month leases?
#118 of 255
Re: 2007 SRX V6 Premium Luxury - Thoughts? [Car_man] by edscars
Jun 18, 2007 (3:20 pm)
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Replying to: Car_man (May 01, 2007 2:00 am)

Hey car_man, sorry for the delay as I never saw your post (even though I am signed up for e-mail alerts - odd). Thanks for the response. The MSRP on the vehicle is $47,595. THANKS!
#119 of 255
Year End Pricing by jtpcpa
Jun 18, 2007 (8:01 pm)
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I am expecting to lease a 2007 SRX before the July 9th end of the spring promotion. As the 2008 models are now shipping would it be unreasonable to expect discounting of the cap cost below invoice. I understand that I am already good for $3250 of factory money in the form of conquest cash and rebate. I have in mind a Base V6 RWD in Thunder Gray with the Y45 Utility Package. MSRP $40,465, Invoice $37,621, less incentives of $3,250 and less discount below invoice of maybe $1,000 for a cap cost of $33,371. Is this realistic?
 
Regarding the utility package, I don't want or need the third row but may want the towing capacity in the future. I hate the way Cadillac bundles the SRX options.
#120 of 255
New incentives and lease rates? by a6_to_m35
Jul 08, 2007 (4:49 pm)
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Anyone have the post-July 9th cash incentives and lease numbers for the 2007 SRX.
 
It would be much appreciated!
 
Can we do better than:
 
Invoice deal minus $3250 cash (dealer cash + conquest cash).
.00165 money factor.
65% residual for 12k 24 months or 63% for 15k.
#121 of 255
Re: finding lease cash and concoquest [janda1010] by Car_man HOST
Jul 16, 2007 (2:02 am)
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Replying to: janda1010 (Jun 07, 2007 11:44 am)

Hi janda1010. A dealership that can't figure out what incentives are currently available on a vehicle is either completely incompetent or is just pretending not to be able to so that they can pocket the money. In July, General Motors definitely has $1,750 lease cash plus $1,000 conquest cash on the 2007 Cadillac SRX. I'm not sure were you can find a reference to these incentives on line, but trust me they definitely exist. I would think that you are automatically entitled to any available cash incentives when you purchase through the GMS program. If this dealer continues to deny their existence, they are just playing games with you and you would be better off taking your business elsewhere.
 
Car_man
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#122 of 255
Re: Visited A Dealer Today [shfawaz] by Car_man HOST
Jul 16, 2007 (2:04 am)
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Replying to: shfawaz (Jun 07, 2007 7:04 pm)

Hi shfawaz. I believe that General Motors has been providing special additional cash incentives on leases of select vehicles in the South Florida area. That is probably what the $1,075 incentive that you saw is. The $1,000 conquest cash should be available on top of the $1,075 and GM's normal lease cash.
 
Car_man
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#123 of 255
Re: Invoice pricing? [bodid] by Car_man HOST
Jul 16, 2007 (2:11 am)
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Replying to: bodid (Jun 18, 2007 1:21 pm)

Hi bodid. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac SRX V6 with 15,000 miles per year are 3.95% and 52%, respectively. The residual value for an otherwise identical lease with only 12,000 miles per year would be 3% higher. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
Car_man
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#124 of 255
Re: 2007 SRX V6 Premium Luxury - Thoughts? [edscars] by Car_man HOST
Jul 16, 2007 (2:12 am)
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Replying to: edscars (Jun 18, 2007 3:20 pm)

Hey edscars. Thanks for the MSRP. I really need you to provide me with this vehicle's selling price as well. Without the selling price, it is difficult to tell how much of a discount you are being given.
 
Car_man
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#125 of 255
Re: Year End Pricing [jtpcpa] by Car_man HOST
Jul 16, 2007 (2:16 am)
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Replying to: jtpcpa (Jun 18, 2007 8:01 pm)

Hi jtpcpa. I dealers will indeed be anxious to unload their remaining 2007 models now that the 2008s have begun to arrive, but I have a feeling that $1,000 under dealer invoice may be a little optimistic. I suspect that a selling price of invoice minus the available lease cash is probably a little more realistic. Try stopping by the following discussion to see how much other community members have paid for similar vehicles lately: "Cadillac SRX: Prices Paid & Buying Experience".
 
Car_man
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#126 of 255
Re: New incentives and lease rates? [a6_to_m35] by Car_man HOST
Jul 16, 2007 (2:21 am)
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Replying to: a6_to_m35 (Jul 08, 2007 4:49 pm)

Hi a6_to_m35. Are you going to change your name to a6_to_m35_to_SRX now ? On July 10th, General Motors changed its cash incentives on leases of the 2007 Cadillac SRX to $1,750 lease cash plus $1,000 conquest cash. This is a little lower than the incentives that were available on leases of this vehicle last month. This new program is scheduled to run through September 4th, but I would be very surprised if GM did not make some sort of unscheduled enhancement to its programs before then. It did so at both the end of May and the end of June.
 
Car_man
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