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Cadillac SRX Lease Questions

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

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

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#183 of 255 Re: Car Man (yet another lease question) [tcw1965] by Car_man HOST Apr 07, 2008 (1:18 am)
Replying to: tcw1965 (Feb 28, 2008 10:59 am) Hey tcw1965. According to the latest information that I have seen, GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Cadillac SRX with 12,000 miles per year are 4.0% and 55%, respectively. I believe that GM is only providing $950 lease cash on this model right now, but it did introduce an additional $500 owner loyalty cash on leases of it this month.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#184 of 255 Re: SRX Lease [sheepdog1] by Car_man HOST Apr 07, 2008 (1:21 am)
Replying to: sheepdog1 (Mar 12, 2008 8:30 pm) Hey sheepdog1. You must have liked your last SRX if you are in the market for a new one. One of my relatives has one and they really like it. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Cadillac SRX V6 with 12,000 miles per year are 4.0% and 64%, respectively. The numbers for an otherwise identical 39 month lease are 4.0% and 54%. If you were to lease with only 10,000 miles per year, this vehicle's residual values would be 2% higher. When negotiating your lease on it, make sure to take the $950 lease cash and $500 owner loyalty cash that you obviously qualify for into account. They will help you to negotiate an attractive capitalized cost for your lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#185 of 255 Re: help w/lease pricing [hamom] by Car_man HOST Apr 07, 2008 (1:28 am)
Replying to: hamom (Mar 31, 2008 5:02 pm) Hello hamom. This vehicle's lease payment will vary depending upon what its MSRP and selling price are. You never mentioned either of these numbers in your post, so I will have to make some assumptions to work up a sample lease payment for you. For now I will assume that you want to lease a 2008 Cadillac SRX V6 with the Luxury Package that has an MSRP of $42,265 and a selling price of $39,212 ($1,000 over invoice minus the $950 lease cash). If you are able to negotiate a lower selling price than this, your truck's monthly payment will be lower and vice versa. According to my calculations, if you were to lease a truck that has these prices through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $581. The payment for an otherwise identical 39 month lease would drop to around $555. I definitely would go with the 39 month term if I was in the market for this truck.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#186 of 255 Re: Is this a good lease deal? [hamom] by Car_man HOST Apr 07, 2008 (1:30 am)
Replying to: hamom (Apr 01, 2008 3:38 pm) Hi hamom. Please see my previous post. IF you provide me with this truck's full MSRP and selling price I can give you a detailed analysis of the specific deal that you were quoted.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#187 of 255 2008 SRX Price/Lease by tomy3 Apr 18, 2008 (2:37 pm)
Edmunds indicates a $2000 "cash to dealer" incentive as well as a $900 "cash to dealer" for SRX's sold with the V6 Luxury Collection. Both indicate "no restriction." On leasing a new SRX can I start with Invoice subtract both of these incentives and tack on $500 for dealer profit and consider this a fair deal? Please Car_man or anyone with knowledge on the SRX pricing/leasing please help me to come up with an offer that most dealers would accept.   Thanks.
#188 of 255 GMAC Lease Acquisition Fees by tomy3 Apr 19, 2008 (3:41 pm)
I am finding some Cadillac dealers who say that GMAC does not charge any acquisition fees in connection with a lease, others want to charge me $595. Which is more typical?? Replies to this message: Car_man (May 06, 2008 3:13 am)
#189 of 255 Lease experience by mmenace Apr 29, 2008 (9:28 pm)
Leased a diamond white 2008 v6 AWD SRX Luxury, utility and theater packages.   approximates:   MSRP 51,000 Selling 47,000 Something like $4000 worth of GM incentives term 24 months mileage 10,000 miles per year downpayment + first month's payment $5024 monthly payments $473 at 23 months residual approx 66% payments included tax, title, license and dealer fees   most discounts came with GM's cash to dealer, the good-better-best program; the more options on your SRX, the greater the discount. Ultimately it came to something like $3000 under invoice. Must be because it was end of month, the SUV market being bad, and GM offer major incentives to move the SUV stocks.   I had a GM supplier number ready to go, but the above offer was better than GM supplier + all discounts. Didn't use the GM supplier discount.   Location: Renton, Washington
#190 of 255 Re: GMAC Lease Acquisition Fees [tomy3] by Car_man HOST May 06, 2008 (3:13 am)
Replying to: tomy3 (Apr 19, 2008 3:41 pm) Hi tomy3. GMAC charges an acquisition fee of at least $595 on every vehicle that it leases (it actually charges more than this in some states). Any dealer that tells you otherwise is probably just rolling the charge into your truck's capitalized cost to make it part of your monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#191 of 255 SRX Lease by thedrake May 06, 2008 (5:54 am)
I just picked up my 08 V6 SRX AWD last night. It's Crystal Red with V6 Luxury collection and Utility package.   MSRP: $46,400 Term: 24 Months Milage: 10,000/yr 23 Monthly payments $279 Total Cash Due at signing: $5,563 (which included $2,995 cap cost red, TTL, bank charge,and misc BS) Less $2,000 GM Card points left me with the super fine, bottom line, out the door deal of:   $3,563 cash due at signing and $279/mo Replies to this message: Car_man (May 07, 2008 1:11 am)
#192 of 255 Re: SRX Lease [thedrake] by Car_man HOST May 07, 2008 (1:11 am)
Replying to: thedrake (May 06, 2008 5:54 am) Congratulations on getting your new SRX, thedrake. One of my relatives has one and he really likes it. Thanks for taking he time to stop in and share the details of your lease with everyone. Make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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