- #208 of 263
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Re: Current Cadillac SRX lease rate [rbirns1]
by bigliljen
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Sep 04, 2009 (1:08 pm)
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Replying to: rbirns1 (Sep 04, 2009 6:12 am)
I was told at the dealership, 51% for both 36/39 and 41% for the 48 month lease all with 12,000 miles.
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- #209 of 263
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Re: Current Cadillac SRX lease rate [bigliljen]
by rbirns1
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Sep 13, 2009 (7:32 am)
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Replying to: bigliljen (Sep 04, 2009 1:08 pm)
Just visited dealer yesterday. Current deal is .0018 money factor, 49% residual for the top of the line premium version, 53% residual for luxury version. This is for 39 months, 12K miles (residual 1% less for 15K), $695 lease fee, subsidized by GM through US Bank. There are various $1K rebates for current owners and lessees of almost any GM or non-GM model, so it's basically available to everyone.
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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- #210 of 263
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Re: Current Cadillac SRX lease rate [rbirns1]
by jenp123
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Sep 15, 2009 (6:41 am)
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Replying to: rbirns1 (Sep 13, 2009 7:32 am)
So are these lease deals considered a fairly good deal? I am really interested in the new SRX, I test drove the luxury version and got the price to a 39k plus ttl and not including the $1,000 incentive. This was with Navigation and w/ out the rear entertainment. I think the Luxury version is worth it, but the performance and premium costs are alittle outrageous for what you get.
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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- #211 of 263
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Re: Current Cadillac SRX lease rate [jenp123]
by rbirns1
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Sep 16, 2009 (5:02 am)
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Replying to: jenp123 (Sep 15, 2009 6:41 am)
You must be talking about front drive not AWD. With AWD, luxury model with nav has MSRP of $42,625. I think 39K (1K below invoice!) is dreaming. With FWD, sticker is $40,130, and 39K is a reasonable deal. Invoice is $37,628, so I would say $1400 over invoice for a brand new model is about as good as you'll get. Not sure if residual for FWD is different than AWD. If it's the same, 39 month, 12K lease should be about $535, plus ttl and $695 bank fee.
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- #212 of 263
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Re: Current Cadillac SRX lease rate [rbirns1]
by bigliljen
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Sep 16, 2009 (8:45 am)
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Replying to: rbirns1 (Sep 16, 2009 5:02 am)
Just found out if you don't want the 60 day return policy, they give you $500 in incentives.
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- #213 of 263
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2010 lease question
by durangojim
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Sep 16, 2009 (10:03 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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- #214 of 263
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Re: Current Cadillac SRX lease rate [rbirns1]
by rbirns1
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Sep 16, 2009 (10:47 am)
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Replying to: rbirns1 (Sep 13, 2009 7:32 am)
Just drove the luxury version ("B package") to compare to the premium ("E package"). Found very little difference in the ride. Even without the adaptive suspension, car is still very smooth with very good handling. I think the luxury is the way to go, unless you desperately want 20" wheels, cooled seats, rear climate and heated rear seats--and are willing to pay $6K more for them.
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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- #215 of 263
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Re: Current Cadillac SRX lease rate [rbirns1]
by bigliljen
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Sep 16, 2009 (6:08 pm)
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Replying to: rbirns1 (Sep 16, 2009 10:47 am)
I too am leaning towards grey flannel but with the Performance pkg, and they are hard to find! I especially want a dark interior, ebony, and I'll definitely have to order one. I've seen the color up close, and I thought the chrome 20" would be too much, but it really adds to the color. Seems Luxury with that color is getting common, so hopefully you'll be able to find one easily.
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- #216 of 263
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Re: Current Cadillac SRX lease rate [bigliljen]
by bigliljen
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Sep 16, 2009 (6:22 pm)
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Replying to: bigliljen (Sep 16, 2009 6:08 pm)
Here is the complete ordering guide with all packages and options.
http://www.scribd.com/doc/13603910/2010-Cadillac-SRX-complete-ordering-guide
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- #217 of 263
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Re: 2010 lease question [durangojim]
by jenp123
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Sep 18, 2009 (12:26 pm)
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Replying to: durangojim (Sep 16, 2009 10:03 am)
I don't understand why I have talked to 3 different Cadillac dealerships in the DC area and I swear they don't want to sell me the SRX! They will not quote me on any lease rates. One kept hounding me and until I talked about wanting money factor and residual values, that was the end of him. The other two are saying there is no current lease special, even though it clearly states on Cadillac's website that there is one. When I enter my zip code, it comes up under current offers. Well actually one dealer acknolwledged the lease promotion on Cadillac's website but was not comfortable with the offer. He said he doesn't like to offer his client bad deals, and he said that wasn't a good one. He kept talking about how it was US Bank too, as if that wasn't a good idea. I don't get it, am I missing something? He wasn't even trying to make me buy it out right, he was just saying as of now, it wasn't a good deal.
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