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Cadillac SRX Lease Questions

242 messages,  Last post on Nov 10, 2009 at 3:04 AM

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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#188 of 242
GMAC Lease Acquisition Fees by tomy3
Apr 19, 2008 (3:41 pm)
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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??
#189 of 242
Lease experience by mmenace
Apr 29, 2008 (9:28 pm)
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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 242
Re: GMAC Lease Acquisition Fees [tomy3] by Car_man HOST
May 06, 2008 (3:13 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#191 of 242
SRX Lease by thedrake
May 06, 2008 (5:54 am)
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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
#192 of 242
Re: SRX Lease [thedrake] by Car_man HOST
May 07, 2008 (1:11 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#193 of 242
New 2008 V8 AWD by jwoodie
Aug 10, 2008 (6:27 am)
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I am looking to purchase above vehicle within next 6 weeks. What should I expect re discounts and rebates? MSRP is $50,000 (with Ultra savings), invoice $47,000. Any effect on whether I purchase or lease? What are current lease rates? Thanks for any info.
#194 of 242
Re: New 2008 V8 AWD [jwoodie] by Car_man HOST
Aug 18, 2008 (1:46 am)
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Replying to: jwoodie (Aug 10, 2008 6:27 am)

Hi jwoodie. General Motors is currently providing $2,000 customer cash or 0% to 4.9% special financing on the 2008 Cadillac SRX. If you choose to lease this model, the cash incentive that is available on it drops to $950 and its lease rate is 6.0%.
 
As far as what sort of selling price to shoot for goes, if I was personally in the market for a new SRX right now I would shoot for a couple hundred dollars over dealer invoice minus any available cash incentives.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#195 of 242
by jwoodie
Sep 21, 2008 (1:00 pm)
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Thanks for info. I decided to go for a loaded v8 awd sport model 11k cert $32k. wow!
#196 of 242
Re: [jwoodie] by Car_man HOST
Sep 24, 2008 (2:08 am)
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Replying to: jwoodie (Sep 21, 2008 1:00 pm)

You're very welcome, jwoodie. Enjoy your new ride and if you're interested, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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