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Cadillac SRX Lease Questions

196 messages,  Last post on Sep 24, 2008 at 3:08 AM

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

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#21 of 196 CarMan..in ref. to the above post.. by nortsr1 Jul 25, 2006 (1:34 pm)
I just went to the regional GM site and notice that they are offering 0% in lieu if the 2000.00 rebate.(for the 2006 models) Would it not be less expensive to take the lease at 0%...please reconfigure if the 0% can be used to lease.                        Thanks                          NORTSR!
#22 of 196 CarMan...forget it by nortsr1 Jul 28, 2006 (7:36 am)
Since I didn't get any responses from my posts, I went ahead and called another Cadillac dealership, told them what the first dealer had offered on the lease. It ended up that I got my wife an SRX, loaded, MSRP of slightly over $44,000.00 for a price of approx. $38,000.00 and a payment of $519.00/month for 39 months. ($2000.00 down). That is $77.00 less per month for a more expensive SRX. When the first dealer called yesterday to see if we were going to sign the lease agreement....you can only guess as to what i told that crook. They will never again sell us another Caddy.
#23 of 196 Re: Figures for the SRX lease [nortsr1] by Car_man HOST Jul 31, 2006 (2:38 am)
Replying to: nortsr1 (Jul 25, 2006 11:14 am) Hey Nortsr1. Unfortunately, the 0% rate that GM is offering on the 2006 Cadillac SRX is only available on loans, not leases. GMAC's special lease rate for this vehicle is 3.95%. That's the bad news. The good news is that the $2,000 customer cash that is being offered on this truck is not available on leases, a special $3,250 lease cash incentive is.   According to my calculations, if you were to lease a 2006 Cadillac SRX V6 with an MSRP of $41,780 and a selling price of $39,941 through GMAC right now for 36 months with 15,000 miles per year, your zero down, per-tax monthly payment should be around $553. If you were to have the entire $3,250 lease cash subtracted from this vehicle's capitalized cost, it would drop the monthly payment for an otherwise identical lease to around $458.   Car_man Host Prices Paid Forum
#24 of 196 SRX Lease Numbers by gs80 Aug 21, 2006 (5:30 pm)
I am looking at a 39 month, 12k/year lease on an SRX. MSRP is $47,360. Could you give me the money factor and residual? With all the dealer cash and incentives I had the price down to $40,500. Is this a good deal? I was quoted money rate of 4.45% and a residual of 54%. I am in Northern Virginia.   Thanks. Replies to this message: Car_man (Sep 19, 2006 2:31 am)
#25 of 196 Looking for the numbers by gs80 Aug 24, 2006 (3:49 pm)
Car Man,   Can you help?   I am looking at a 39 month, 12k/year lease on an SRX. MSRP is $47,360. Could you give me the money factor and residual? With all the dealer cash and incentives I had the price down to $40,500. Is this a good deal? I was quoted money rate of 4.45% and a residual of 54%. I am in Northern Virginia.    Thanks.
#26 of 196 Re: SRX Lease Numbers [gs80] by Car_man HOST Sep 19, 2006 (2:31 am)
Replying to: gs80 (Aug 21, 2006 5:30 pm) I'd be happy to help you out, gs80. GMAC uses lease rates instead of money factors to calculate lease payments. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400. GMAC's current base lease rate and residual value for a 39 month lease of a 2006 Cadillac SRX V6 with 12,000 miles per year are 3.95% and 54%, respectively. When negotiating your lease on this truck, make sure to take the $3,250 lease cash that GM is providing on it into account. It will help you to negotiate an attractive capitalized cost for your lease.   Car_man Host Prices Paid Forum
#27 of 196 07 numbers by me21379 Oct 05, 2006 (12:36 pm)
CAR MAN. Can you help with 2007 numbers for a 07 SRX, 48 months, 12k per year. Looking for residual and APR (or money market number). Thanks Replies to this message: me21379 (Oct 08, 2006 1:46 pm) Car_man (Oct 11, 2006 2:30 am) me21379 (Oct 11, 2006 6:37 pm) and 1 more... derrickh22 (Oct 12, 2006 10:10 am) and 1 more...
#28 of 196 Re: 07 numbers [me21379] by me21379 Oct 08, 2006 (1:46 pm)
Replying to: me21379 (Oct 05, 2006 12:36 pm) Well I can answer my owm question. 07 SRX V6 48 months, 12k, 47%residual and 5.95% interest. The 07 are just showing up at Capitol Cadillac in Atlanta. Dealer/GM discount $2150. I guess that's about all you can expect for a brand new model. Replies to this message: Car_man (Oct 11, 2006 2:30 am) me21379 (Oct 11, 2006 6:37 pm) Car_man (Oct 31, 2006 4:37 am) derrickh22 (Oct 12, 2006 10:10 am) Car_man (Oct 31, 2006 4:43 am)
#29 of 196 Re: 07 numbers [me21379] by Car_man HOST Oct 11, 2006 (2:30 am)
Replying to: me21379 (Oct 08, 2006 1:46 pm) Hi me21379. The numbers that you mentioned are actually a little off. GMAC's current base lease rate and residual value for a 48 month lease of a 2007 Cadillac SRX V6 with 12,000 miles per year are 4.95% and 47%, respectively. You're right that all Cadillac models have $2,145 bonus cash available on them right now. However, even though this is a 2007 model you still should be able to negotiate some additional dealer discount. Make sure to stop by the following discussion to see if any other community members have purchased similar trucks lately: KarenS, "Cadillac SRX: Prices Paid & Buying Experience" #, 30 Oct 2003 6:26 am.   Car_man Host Prices Paid Forum Replies to this message: me21379 (Oct 11, 2006 6:37 pm) Car_man (Oct 31, 2006 4:37 am) derrickh22 (Oct 12, 2006 10:10 am) Car_man (Oct 31, 2006 4:43 am)
#30 of 196 Re: 07 numbers [Car_man] by me21379 Oct 11, 2006 (6:37 pm)
Replying to: Car_man (Oct 11, 2006 2:30 am) Thanx Car man. This brings up another question from me. When we see an incentive/cap reduction such as this $2150, is that from the manufacturer or the dealer or both. If only from the manufacturer than a deal such as this is really MSRP in terms of profit for the dealer. Replies to this message: Car_man (Oct 31, 2006 4:37 am)

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