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Cadillac SRX Lease Questions

254 messages,  Last post on Nov 27, 2009 at 3:08 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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#198 of 254
2010 Cadillac SRX lease by rbirns1
Aug 12, 2009 (7:25 am)
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GM announced new lease programs for the upcoming SRX. Anyone have details of the current offers?
#199 of 254
Re: 2010 Cadillac SRX lease [rbirns1] by Car_man HOST
Aug 18, 2009 (2:07 am)
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Replying to: rbirns1 (Aug 12, 2009 7:25 am)

Hi rbirns1. General Motors finally reintroduced leasing on select models. It is actually running two special lease programs right now, one through its traditional captive finance company GMAC and one through US Bank. It is directing all Cadillac SRX leases through the latter.
 
Its current special lease rate for the 2010 SRX is 4.8% for either 36 or 39 months. It is not providing lease support on the '09 model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#200 of 254
Re: 2010 Cadillac SRX lease [Car_man] by rbirns1
Aug 18, 2009 (8:02 am)
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Replying to: Car_man (Aug 18, 2009 2:07 am)

What about residuals? Rebates? Looking for help figuring out the bottom line. Thanks in advance.
#201 of 254
Re: 2010 Cadillac SRX lease [Car_man] by bigliljen
Aug 18, 2009 (7:29 pm)
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Replying to: Car_man (Aug 18, 2009 2:07 am)

So 4.8% means a money factor of .002?
 
thanks
bigliljen
#202 of 254
Re: 2010 Cadillac SRX lease [rbirns1] by Car_man HOST
Aug 20, 2009 (2:02 am)
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Replying to: rbirns1 (Aug 18, 2009 8:02 am)

Hey rbirns1. I haven't seen GMAC's residual values lately. I'll have to make some calls and see what I can find out.
 
General Motors is not currently providing any cash incentives on leases of the 2010 Cadillac SRX.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#203 of 254
Re: 2010 Cadillac SRX lease [bigliljen] by Car_man HOST
Aug 20, 2009 (2:17 am)
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Replying to: bigliljen (Aug 18, 2009 7:29 pm)

You're absolutely correct, bigliljen. To convert a lease rate to a money factor, one needs to divide it by 2400, so a lease rate of 4.8% would indeed be equivalent to a money factor of around .00200.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#204 of 254
Rent vs. lease by 40yearfan
Aug 30, 2009 (7:31 pm)
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My wife drove an SRX yesterday and really loves it. The lease on her vehicle isn't up until December of this year, so I am not in a great big hurry to get another vehicle unless I can get a great deal. I am also considering buying my next vehicle instead of leasing it.
 
I'm just wondering if anyone else agrees with me that the SRX might have some incentives before the end of the year and waiting to get one in November or December might get me a better price.
#205 of 254
2010 SRX Sept. residual/finance by bigliljen
Sep 02, 2009 (10:17 am)
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I just drove a 2010 SRX Premium pkg today in Cleveland and this is what the salesman told me: They lowered the finance rate to 4.32%, meaning a money factor of .0018, and the residual for a Performance or Premium pkg is currently 51%, (12,000 miles). I asked about extra security depo's, but he said Cadillac doesn't do that anymore. Anyone else know?
 
Thanks
 
#206 of 254
Current Cadillac SRX lease rate by Car_man HOST
Sep 04, 2009 (2:00 am)
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As requested over in the CTS discussion, US Bank's current base lease rate for a 36 month lease of a 2010 Cadillac SRX is 4.32%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#207 of 254
Re: Current Cadillac SRX lease rate [Car_man] by rbirns1
Sep 04, 2009 (6:12 am)
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Replying to: Car_man (Sep 04, 2009 2:00 am)

And what's the residual?

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