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Prices Paid: Buying & Leasing Experiences Cadillac SRX Lease Questions
262 messages, Last post on Dec 07, 2009 at 11:57 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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.
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Replying to: rbirns1 (Sep 18, 2009 1:01 pm)
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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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Replying to: bigliljen (Sep 19, 2009 9:08 pm)
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Replying to: durangojim (Sep 22, 2009 9:13 am) |
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Replying to: rbirns1 (Sep 04, 2009 6:12 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: bigliljen (Sep 16, 2009 8:45 am) I personally would never, ever pay that. I'll make darn sure that I like the vehicle I want before pulling the trigger on it and keep the five bills thank you. The return program seems sort of gimmicky to me, but who knows what message will resonate with the general public. The media claims that thus far the program has been a success. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi Car_man, Can you please post Oct lease rates for the 2010 FWD SRX base and FWD Luxury? I am looking for: - Term (36 and/or 39) - MF - Residual - Miles (12K) - Acq. Fee I am located in Fort Lauderdale, FL. Have you heard of a supposed $1,000 conquest incentive in my area? I didn't see it on Edmunds.com. I only saw the $500 in lieu of the 60-day return.... Thanks in advance for your help!
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Replying to: baxterdown (Oct 04, 2009 4:53 pm) |
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Replying to: rbirns1 (Oct 05, 2009 6:02 am) He confirmed the $1K conquest incentive and called it regional. I'm looking forward to what Car_man has to say.
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