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Cadillac SRX Lease Questions

254 messages,  Last post on Nov 27, 2009 at 3:08 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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#233 of 254
Re: To Car_Man: [Car_man] by judygorlando
Oct 10, 2009 (12:32 pm)
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Replying to: Car_man (Oct 07, 2009 1:48 am)

We were told today by a Cadillac dealer that US Bank residual cap is $22,000 on a 2010 SRX. "Said US Bank cap the residual vs. using the % o MSRP for each. In years past it was a flat % no matter what the MSRP was, US Bank limits their exposure with caps on residuals on certain packages/models." To bad - nice car.
#235 of 254
2010 SRX Premium by kdckurt
Oct 12, 2009 (3:22 pm)
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Car Man,
What are the current lease residuals for a 2010 SRX premium through US Bank on a 36 month 36000 mile lease?
 
Thanks
#236 of 254
Re: 2010 SRX Premium [kdckurt] by 40yearfan
Oct 12, 2009 (5:32 pm)
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Replying to: kdckurt (Oct 12, 2009 3:22 pm)

kdckurt, check out post #230 in this thread by Car Man. It has the info you requested.
#237 of 254
Re: 2010 SRX Premium [40yearfan] by kdckurt
Oct 13, 2009 (2:58 am)
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Replying to: 40yearfan (Oct 12, 2009 5:32 pm)

Thanks.
 
I thought the Premium might have a different residual than the base.
 
My bad.
#238 of 254
Re: To Car_Man: [baxterdown] by Car_man HOST
Oct 21, 2009 (2:27 am)
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Replying to: baxterdown (Oct 09, 2009 4:44 am)

You're very welcome, baxterdown. Let us know how everything works out.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#239 of 254
Re: To Car_Man: [Car_man] by ambere10
Oct 23, 2009 (12:08 pm)
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Replying to: Car_man (Oct 07, 2009 1:48 am)

HI Carman,
 
I just purchased my Lexus IS250 and I am so greatful for all the help and guidance you provided!!! Thank you!!!
I am now helping my mom research lease prices for the 2010 Cadillac SRX and I figured the forums would be the best place to start. She lives in NJ and is interested in the base model or the next one up which runs about a $36k MSRP. What is the current residual on a 15k mile a year lease and what would be a rough money factor...her credit isn't really all that great so I was wondering if you knew of a worse case scenerio #. Any help would be greatly appreciated! Thanks!
 
Amber
#240 of 254
November rates/incentives by bigliljen
Nov 02, 2009 (2:03 pm)
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Hey everybody,
 
I will be picking up my SRX in a couple weeks and was wondering if the residuals or lease % rates have changed at all for this month.
 
Thanks
#241 of 254
Re: To Car_Man: [ambere10] by Car_man HOST
Nov 10, 2009 (3:01 am)
Reply

Replying to: ambere10 (Oct 23, 2009 12:08 pm)

You're very welcome, Amber. Congrats on getting your new IS. You've been busy shopping for new vehicles. Be careful...it's addictive .
 
Here's the current lease program for the Cadillac SRX that your mother is interested in. GMAC's current base lease rate and residual value for a 36 month lease of a Base or Luxury 2010 Cadillac SRX with 15,000 miles per year are 3.55% and 48%, respectively.
 
Normally one's credit score could have an impact upon what money factor or interest rate they are charged on their lease, however I believe that GMAC runs a sort of pass / fail system with its lease program. Either your credit score is good enough for you to qualify for its best rate or you can't lease through them at all. Furthermore, GMAC is one of the more lenient banks in terms of who it approves to lease and finance vehicles. Your mother should be able to lease through them unless her credit is really messed up.
 
When your mother is negotiating her deal, make sure that she takes advantage of the $600 cash incentive that is currently available on leases of this truck through GMAC.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#242 of 254
Re: November rates/incentives [bigliljen] by Car_man HOST
Nov 10, 2009 (3:04 am)
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Replying to: bigliljen (Nov 02, 2009 2:03 pm)

Hi bigliljen. Please see my previous post for an idea of what this truck's current lease program is like. Let me know if you would like information on a different trim level, term, or mileage allowance.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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