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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

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


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#222 of 256
Re: Lease [durangojim] by bigliljen
Sep 22, 2009 (9:35 pm)
Reply

Replying to: durangojim (Sep 22, 2009 9:13 am)

You're exactly right, I typed in the wrong thing. I wish I had GMS!! All my family were Ford people!
#223 of 256
Re: Current Cadillac SRX lease rate [rbirns1] by Car_man HOST
Sep 29, 2009 (2:06 am)
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Replying to: rbirns1 (Sep 04, 2009 6:12 am)

Hi rbirns1. GMAC's current residual value for a 36 month lease of a base or Luxury 2010 Cadillac SRX with 15,000 miles per year is 51%. Unfortunately, I have not seen what US Bank's residual value is for this truck. I suspect that it is very similar, but I have not confirmed that it is.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#224 of 256
Re: Current Cadillac SRX lease rate [bigliljen] by Car_man HOST
Sep 29, 2009 (2:10 am)
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Replying to: bigliljen (Sep 16, 2009 8:45 am)

Yep, bigliljen. Consumers who opt to go without the 60-day return policy receive an additional $500 cash incentive. So anyone who decides to take advantage of the return program is essentially paying $500 for the option to return their vehicle at some point in the next two months.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#225 of 256
To Car_Man: by baxterdown
Oct 04, 2009 (4:53 pm)
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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!
#226 of 256
Re: To Car_Man: [baxterdown] by rbirns1
Oct 05, 2009 (6:02 am)
Reply

Replying to: baxterdown (Oct 04, 2009 4:53 pm)

The $500 in lieu of 60-day return does not apply to leases (you legally don't own the car, so you can't return it). I got the conquest incentive last week in NY. I believe it's national.
#227 of 256
Re: To Car_Man: [rbirns1] by baxterdown
Oct 05, 2009 (2:44 pm)
Reply

Replying to: rbirns1 (Oct 05, 2009 6:02 am)

Thanks for the clarification. That makes sense. A dealer quoted me today 55% residual with .0018 (4.32%) MF for 36 months on the luxury collection. 53% same MF for 39 months.
 
He confirmed the $1K conquest incentive and called it regional. I'm looking forward to what Car_man has to say.
#228 of 256
Re: To Car_Man: [baxterdown] by rbirns1
Oct 06, 2009 (5:45 am)
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Replying to: baxterdown (Oct 05, 2009 2:44 pm)

Those numbers match my deal from Sept. Looks like the terms are unchanged for Oct.
#229 of 256
Re: To Car_Man: [baxterdown] by 40yearfan
Oct 06, 2009 (6:56 am)
Reply

Replying to: baxterdown (Oct 05, 2009 2:44 pm)

How much capitalized cost reduction did you have to put down?
#230 of 256
Re: To Car_Man: [baxterdown] by Car_man HOST
Oct 07, 2009 (1:48 am)
Reply

Replying to: baxterdown (Oct 04, 2009 4:53 pm)

Hello baxterdown. Here's the info that you're looking for. General Motors is running its national lease promotion on the 2010 Cadillac SRX through US Bank.
 
US Bank's October base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX FWD Base with 12,000 miles per year are 4.32% and 53%, respectively. The numbers for an otherwise identical 39 month lease are 4.32% and I believe 51%.
 
I haven't seen anything on any sort of conquest cash on this truck this month. It's possible that it is a regional program that's only available in your neck of the woods.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#231 of 256
Press request by KarenS HOST
Oct 07, 2009 (9:22 am)
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A reporter is looking to speak to consumers who recently leased a GM or Chrysler vehicle in the past two months . Please send your daytime phone number to ctalatiedmunds.com by Thursday, October 8, 2009.

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