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Cadillac SRX Lease Questions

255 messages,  Last post on Dec 01, 2009 at 2:11 PM

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

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#211 of 255 Re: Current Cadillac SRX lease rate [jenp123] by rbirns1 Sep 16, 2009 (5:02 am)
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. Replies to this message: bigliljen (Sep 16, 2009 8:45 am) Car_man (Sep 29, 2009 2:10 am)
#212 of 255 Re: Current Cadillac SRX lease rate [rbirns1] by bigliljen Sep 16, 2009 (8:45 am)
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. Replies to this message: Car_man (Sep 29, 2009 2:10 am)
#213 of 255 2010 lease question by durangojim Sep 16, 2009 (10:03 am)
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. Replies to this message: jenp123 (Sep 18, 2009 12:26 pm)
#214 of 255 Re: Current Cadillac SRX lease rate [rbirns1] by rbirns1 Sep 16, 2009 (10:47 am)
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. Replies to this message: bigliljen (Sep 16, 2009 6:08 pm) bigliljen (Sep 16, 2009 6:22 pm)
#215 of 255 Re: Current Cadillac SRX lease rate [rbirns1] by bigliljen Sep 16, 2009 (6:08 pm)
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. Replies to this message: bigliljen (Sep 16, 2009 6:22 pm)
#216 of 255 Re: Current Cadillac SRX lease rate [bigliljen] by bigliljen Sep 16, 2009 (6:22 pm)
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
#217 of 255 Re: 2010 lease question [durangojim] by jenp123 Sep 18, 2009 (12:26 pm)
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.
#218 of 255 Lease by rbirns1 Sep 18, 2009 (1:01 pm)
The two dealers I have visited on Long Island NY have been very cooperative with lease offers. Both had no problem telling me the residual and MF (both gave the same numbers, thankfully) and applicable rebate for coming out of another lease (SRX Conquest $1000 offer).   I only have one dilemma right now. I worked out what I believe to be a very good deal on the luxury B-package with navigation, MSRP $42,625. Pretty common configuration around here. My first choice is the grey flannel color with titanium interior. Dealer says they can't find one (I need car next week--can't order). They do have that combo in stock, but it has rear seat entertainment. I don't really want that, more importantly I don't want to pay extra for it. I would be willing to pay a few dollars more considering the color preference. The problem is the lease on that grey one. With the rear entertainment, MSRP goes up to $43,920. Dealer tells me that the current lease offer has a maximum MSRP which is lower than that. In order to work up a lease on that car, they need to use a lower MSRP. This means the actual sale price is higher in relation to MSRP, which causes the payment to be higher. Bottom line is this grey one with rear entertainment will cost $27/mo. more than any model without rear ent. If not for this "cap" on the lease deal, an extra $1295 option should only add about $15, more or less. I could live with an extra $15 for my preferred color plus the rear screens. But $27? I have a hard time justifying that. I may just settle for another color at a lower price. Maybe silver? I do like the titanium interior--works well with the black and chrome dash and center stack. Replies to this message: bigliljen (Sep 19, 2009 9:08 pm) durangojim (Sep 22, 2009 9:13 am) bigliljen (Sep 22, 2009 9:35 pm)
#219 of 255 Re: Lease [rbirns1] by bigliljen Sep 19, 2009 (9:08 pm)
Replying to: rbirns1 (Sep 18, 2009 1:01 pm) Hey, keep working those dealers! I had one in the Cleveland area quote me GMS $40,567 (MSRP $42, 465) on Grey Flannel Performance FWD w 20" chrome. I just ordered the exact car from a Chicago dealer, and got it for $39690, almost $300 below invoice! And I still an elgible for the $500 incentive, so my final cost will be $39190. So, I'm happy to wait 6-8 weeks. But, I agree the shale interiors are just too light, and will show everything....I got ebony with titanium accents. Replies to this message: durangojim (Sep 22, 2009 9:13 am) bigliljen (Sep 22, 2009 9:35 pm)
#220 of 255 Deal! by rbirns1 Sep 22, 2009 (3:59 am)
My dealer found the car I want--luxury model with navigation, gray flannel with titanium. They swapped an Escalade to an out of state dealer to get it (seems like unfair trade, but not my problem). After the swap it will have over 100 miles on it, but the 12K lease still leaves plenty of extra miles for me.   Deal is $673/mo., with all upfront costs rolled into the lease. This includes $695 bank fee and NY sales tax, which is paid upfront on NY leases or financed into the lease. No security deposit. Due at delivery only first month plus DMV charges and sales tax on the $1K rebate (NY sucks). I'll have it Saturday. Full report to follow.

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