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Cadillac SRX Lease Questions

254 messages,  Last post on Nov 27, 2009 at 3:08 PM

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

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#171 of 254 Marketing Support by polara60 Feb 04, 2008 (5:31 pm)
The Edmunds forum lists $2500 in Mktg Support for the SRX . How do I know if my dealer has this support for the SRX? Doe this in essence give them $2500 more headspace below invoice? Just trying to get the correct starting price. Thanks in advance!! Replies to this message: Car_man (Feb 15, 2008 3:56 am)
#172 of 254 Re: 2008 SRX Lease [ericzoom] by Car_man HOST Feb 15, 2008 (3:45 am)
Replying to: ericzoom (Jan 14, 2008 12:33 pm) You're very welcome, ericzoom. You're right, the SRX is a ton nicer than the Terraza. I'm glad that your wife likes it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#173 of 254 Re: Car_man [chrism124] by Car_man HOST Feb 15, 2008 (3:51 am)
Replying to: chrism124 (Jan 27, 2008 2:53 pm) Here's the information that you're looking for, NHman. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Cadillac SRX V8 with 12,000 miles per year are 4.0% and 65%, respectively. The numbers for an otherwise identical 36 month lease are 4.0% and 56%. The numbers for a 39 month lease are 4.0% and 55%. 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. So, a lease rate of 4.0%, would be equivalent to a money factor of around .00167.   When negotiating your lease on the SRX that you are interested in, make sure to take advantage of the $1,450 cash incentive that General Motors is providing on leases of it through GMAC. This cash will help you to negotiate an attractive capitalized cost for your lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#174 of 254 Re: Marketing Support [polara60] by Car_man HOST Feb 15, 2008 (3:56 am)
Replying to: polara60 (Feb 04, 2008 5:31 pm) Hi polara60. I believe that General Motors is currently providing $2,500 dealer cash on the 2008 Cadillac SRX. This cash incentive is available to all dealers, regardless of what part of the country they are in. Unfortunately, I do not think that it is compatible with GMAC's special lease program. You can only get it on SRX models that you pay cash for, finance through GMAC, or finance through an independent bank.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#175 of 254 Car Man (lease question please) by aureachase Feb 15, 2008 (7:14 pm)
Dear Car Man:   Could you please provide me with the money factor and residual on an 08 SRX loaded based on 27 and 39 month leases? I have leased my Escalade ESV with a 15000 mileage allowance, but need about 17,500 miles per year. Why does cadillac do 27 and 39 month leases and BMW and mercedes do 24 and 36 month leases? Thank you for your consideration.   Aureachase Replies to this message: Car_man (Feb 19, 2008 2:18 am)
#176 of 254 Re: Car Man (lease question please) [aureachase] by Car_man HOST Feb 19, 2008 (2:18 am)
Replying to: aureachase (Feb 15, 2008 7:14 pm) I'd be happy to help you out, aureachase. GMAC;s current base lease rate and residual value for a 27 month lease of a 2008 Cadillac SRX V8 with 15,000 miles per year are 4.0% and 62%, respectively. the numbers for an otherwise identical 39 month lease are 4.0% and 52%. As you can see, GMAC publishes lease rates instead of money factors for vehicles. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. You can do 24 and 36 month leases of Cadillacs if you want. The residual values for 24 and 36 month leases are 1% lower.   15,000 miles per year is the highest mileage allowance that GMAC publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the scheduled end of your lease and have to pay an excess mileage penalty.   When negotiating your lease, make sure to take the $1,450 lease cash that General Motors is currently providing on this model into account.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#177 of 254 Car Man (yet another lease question) by tcw1965 Feb 28, 2008 (10:59 am)
I just came from my dealer and here were the numbers I was quoted there for a 2008 SRX 39 month lease with 12,000 miles/year -- 4% lease rate, residual of 54% and lease cash of only $950. Please let me know if these are accurate numbers for SE Michigan and if not, what the actual numbers are. Thanks. Replies to this message: ericzoom (Feb 28, 2008 1:24 pm) tcw1965 (Feb 28, 2008 2:35 pm) Car_man (Apr 07, 2008 1:18 am)
#178 of 254 Re: Car Man (yet another lease question) [tcw1965] by ericzoom Feb 28, 2008 (1:24 pm)
Replying to: tcw1965 (Feb 28, 2008 10:59 am) So what were the total numbers they gave you ?   Down payment, monthly amount, Negotiated price? Replies to this message: tcw1965 (Feb 28, 2008 2:35 pm)
#179 of 254 Re: Car Man (yet another lease question) [ericzoom] by tcw1965 Feb 28, 2008 (2:35 pm)
Replying to: ericzoom (Feb 28, 2008 1:24 pm) I never negotiate on payment of any kind, so the other numbers i'm fine with. I have just seen on here that there is $1450 lease cash and the dealer checked and said that there is only $950. Also, on here I've seen that the residual for 39 mos w/ 12,000 miles is 55%, but he says that it's 52% for 36 mos w/15,000 miles less 1% for the additional 3 months, but plus 3% for 12,000 miles = 54% ( not 55%). He also verified the 4% rate. I was just trying to find out why there is the 1% difference on the residual value and the $500 difference on lease cash. thanks.
#180 of 254 SRX Lease by sheepdog1 Mar 12, 2008 (8:30 pm)
Hey Carman my 24 mo SRX lease is almost up, what are the latest programs in FL, 24, 39 mo, low mileage leases? Replies to this message: Car_man (Apr 07, 2008 1:21 am)

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