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Cadillac SRX Lease Questions

256 messages,  Last post on Dec 04, 2009 at 7:53 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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#150 of 256
Re: 2008 SRX Lease [Car_man] by ericzoom
Dec 20, 2007 (5:22 am)
Reply

Replying to: Car_man (Dec 20, 2007 3:10 am)

Took the plunge on Monday.
 
Final numbers - 39 month / 10k miles yr. lease.
 
$ 1,639 down - includes 1st month and all other BS fees. Nothing else
out of pocket.
 
38 payments - $399 month.
 
2008 SRX - RWD, Black with Utility package.
#151 of 256
Re: 2008 SRX Lease [ericzoom] by harry1943
Dec 20, 2007 (6:38 am)
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Replying to: ericzoom (Dec 20, 2007 5:22 am)

Congrats!! It sounds like you did well! I'll pick mine up next week.
#152 of 256
Re: 2008 SRX Lease [Car_man] by harry1943
Dec 20, 2007 (7:16 am)
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Replying to: Car_man (Dec 20, 2007 3:03 am)

car_man, thanks for the info. I think the rate on the lease will be between 3.5% and 4.5%. The salesman will get back to me. I'm picking up my SRX next week.
Thanks again for your input! I am happy with my deal. I currently lease a 2004 ML 350 and the SRX has more equipment and is a very nice ride!
#153 of 256
Re: 2008 SRX Lease [harry1943] by ericzoom
Dec 20, 2007 (7:43 am)
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Replying to: harry1943 (Dec 20, 2007 6:38 am)

Thanks. Good luck to u too. It sounds like your deal is even better than mine, considering you would be getting the Lux. package which is about 2500 more than the utility package.
I also had the 1639 dollar points built up on my GM card, which is what i used, so in essence it meant no out of pocket cash layout.
#154 of 256
Re: Latest Rates (Car Man) by smokiejoe
Dec 20, 2007 (9:04 am)
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Thanks Car Man:
 
I have Factory ordered a vehicle, (its built and on a Rail Car right now) and when working out the lease payments per your information posted, I look like I have a better deal. Also my dealer offered a 48 month 12K per yr. lease at a decent amount lower than the 39 month, so I went forward with the deal.
I have compared this vehicle to many other luxury vehicles out there and could not touch the deal that I worked out.
MDX, FX35, X3, MKX, RX350 all were $5K to $10K more dollars on overall deal with payments and out of pocket cash.
#155 of 256
Re: Latest Rates (Car Man) [smokiejoe] by ericzoom
Dec 20, 2007 (11:01 am)
Reply

Replying to: smokiejoe (Dec 20, 2007 9:04 am)

I didn't even think you can order a vehicle anymore, especially for a lease. They usually want to deal from stock. Of course the lease payment will be lower with a longer term.
#156 of 256
Re: Latest Rates (Car Man) [ericzoom] by smokiejoe
Dec 20, 2007 (12:04 pm)
Reply

Replying to: ericzoom (Dec 20, 2007 11:01 am)

Dealers will usually guide you to a stock or a "locate vehicle", but if you are a non-conformist and persistant they will order you a vehicle.
Also I wanted a little different option combination on an SRX Sport package vehicle.
I knew they could not locate one. I also won't have to pay any extra floor plan inventory costs..
#157 of 256
Re: Latest Rates (Car Man) [smokiejoe] by ericzoom
Dec 20, 2007 (12:56 pm)
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Replying to: smokiejoe (Dec 20, 2007 12:04 pm)

I thought the incentives on this vehicle were based upon in stock ones only. The dealers usually want to get rid of the vehicles left on the lot, because they are paying for them.
I'm curious what kind of deal there giving you. How much of a down payment do they want?
#158 of 256
Re: Latest Rates (Car Man) [ericzoom] by smokiejoe
Dec 20, 2007 (1:09 pm)
Reply

Replying to: ericzoom (Dec 20, 2007 12:56 pm)

When you get (6) Cad dealers bidding against themselves, also the car is not killing them on the Sales figures, you can try to run the numbers down.
Putting about $800 down. 1st month payment and a few extra bucks.
Deal is in the high 4's. MSRP around $47K
The goal is to try and get them to dive into their holdback.
#159 of 256
Re: Latest Rates (Car Man) [smokiejoe] by ericzoom
Dec 20, 2007 (1:44 pm)
Reply

Replying to: smokiejoe (Dec 20, 2007 1:09 pm)

So with your $800 down, 1st month, and a few extras yr probably around the same as what i gave them.
I agree the SRX hasn't been flying off the lot, so the dealers are bidding against each other pretty aggessively. At least it's a good time of the year to be dealing for a new vehicle.

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