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Prices Paid: Buying & Leasing Experiences Cadillac SRX Lease Questions
256 messages, Last post on Dec 04, 2009 at 7:53 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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 |
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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 Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Sep 04, 2009 2:00 am)
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Replying to: rbirns1 (Sep 04, 2009 6:12 am)
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Replying to: bigliljen (Sep 04, 2009 1:08 pm) Apparently they expect resale demand to be less for the top of the line version, hence the much lower residual. The premium version stickers around $48-50K depending on rear seat entertainment ($1295) and paint color (red is $1K more). Zero down lease payment is in the $770 range plus tax. The luxury version with navigation stickers around $42-45K, again depending on rear entertainment and color. Zero down lease is around $650 plus tax. These numbers are before any hard negotiation, though I doubt there is much wiggle room there. As far as I can tell, only differences between luxury and premium are 20" wheels vs. 18", AWD with real time damping, adaptive forward lighting, HID headlamps, ventilated front seats, rear seat climate and audio control, and heated rear seats. The luxury model already includes most of the other goodies like heated front seats, ultraview roof, power liftgate, etc., and most are equipped with navigation (which includes bluetooth and other functions, plus the popup touchscreen that really makes the car-- it's more than just a map). Are those other extras worth an extra $5K or $120/month? That's a big price difference. |
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Replying to: rbirns1 (Sep 13, 2009 7:32 am) would like to hear more from people who have or are thinking leasing this vehicle and if this is considered a good deal.
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Replying to: jenp123 (Sep 15, 2009 6:41 am)
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Replying to: rbirns1 (Sep 16, 2009 5:02 am)
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I am looking at leasing a FWD 2010 SRX with the luxury package. I am GMS elegible and the MSRP on it is $37,735 with GMS pricing of $34563.10. For a 39 mionth 12K lease with no money down and a $500 rebate (the $1000 rebate is going to the payoff of my CTS lease), they are quoting me $508/month. Does this seem like a good deal? I think it is but would like some reassurance. Thanks.
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Replying to: rbirns1 (Sep 13, 2009 7:32 am) The common package on the lot seems to be luxury with AWD and navigation, MSRP $42,625. I was quoted lease price of $679 for 39 months, 12K per year, all taxes and fees rolled into the payment. Due at signing just first payment and DMV. NY requires tax (8.625% in my area) on all payments to be paid upfront, so rolling it into the payment incurs added finance charges. Therefore, other states probably have slightly lower lease payments. Still, at this price, I think this is a lot of car for the money. Just choosing my color now. Leaning toward grey flannel.
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