Last post on Dec 03, 2013 at 11:58 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Cadillac SRX, Car Leasing, SUV
#241 of 643 Re: To Car_Man: [ambere10]
Nov 10, 2009 (3:01 am)
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.
Prices Paid: Buying & Leasing Experiences Forum
#242 of 643 Re: November rates/incentives [bigliljen]
Nov 10, 2009 (3:04 am)
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.
Prices Paid: Buying & Leasing Experiences Forum
#243 of 643 Re: November rates/incentives [Car_man]
Nov 16, 2009 (4:41 pm)
Hey CAR Man,
Well, looks like it'll be Dec now...GM never recieved the order! But they cut another $500 off, making the negotiated $39,197, and threw in a free set of mud guards....
Anyway, it will be a FWD Performance w 20" chrome, 12,000 mile lease. Do you have the 36/39/48 terms, residuals, and with tier 1 credit, what is current MF?
Is there really a $600 cash incentive?
Thanks, I just want to make sure I'm fully prepared
#244 of 643 Re: To Car_Man: [rbirns1]
Nov 18, 2009 (6:45 pm)
Im in NYC and looking to get into a SRX, would you recommend your dealer?
#245 of 643 Is it just me?
Nov 19, 2009 (7:54 am)
I am currently in the market for a new SRX, as you can see from my post above, and I am soliciting quotes from about 4 local dealers that have the car, color and options I'm looking for....... but I'm wondering why is it soooo hard to get numbers? I provide the VIN# I am interested in and yet I get replies of "come in and we can work out the numbers"
Do the calculators only work when you walk into the showroom? or am i missing something?
#246 of 643 Re: Is it just me? [dpix]
Nov 19, 2009 (8:19 am)
They figure if they can get you into the showroom, they can wear you down and talk you into a deal that is great for them, but not so great for you. Any of the dealers here in Arizona, if you give them the VIN #, they will quote you a price or a lease figure. It might not be the greatest, but it gives you a point to work from and a chance to make an offer to see if they will accept it.
If they aren't quoting you a price, make a low ball offer to get the pricing started and see how they respond.
#247 of 643 Re: Is it just me? [40yearfan]
Nov 19, 2009 (8:48 am)
I actually get a GM Supplier discount through my job which according to the site will take about $2k off of the MSRP. I provided the VIN# of the car on the lot in my emails to them and when I get responses that I need to come in so we I can find out if you want the base. luxury or premium package its insulting. I gave you the VIN of the car that you have in stock, smh
Taking my business elsewhere
#248 of 643 Re: Is it just me? [dpix]
Nov 19, 2009 (9:46 am)
I also got a supplier discount on a Performance model w 20" chromes. The MSRP was $42425, and my discounted price was $40, 500. I kept looking around and found a dealer in Chicago wanting my business, and his cost was $39, 600, plus any incentive that nay be going on at time of pickup. So keep looking around, and get what you want.
Nov 21, 2009 (4:59 pm)
Went and looked at an SRX today.
2010 Luxury Pkg with Nav. $42k on the sticker.
Was quoted 52% residual and 3.6% (.0015) money factor.
This was on a 39 mo/12k lease. I was told residual was better on 39 mo and they don't offer 10k leases. Don't believe either.
I was offered $1000 Conquest rebate and the car at $500 over invice as my cap cost. I also had $1300 in GM earning.
In the end, the deal was $3200 at signing and $528/mo. I think I am going to wait another month or so and see if deals get better.
#250 of 643 Leasing Question
Nov 22, 2009 (5:51 pm)
I finally found a dealer honorable enough to give me a quote and I was happy with the numbers. I decided to lease and go for the lower monthly payments. The car is being prepared for pickup tomorrow for me.
This will be only my second car.... my first car was financed and totally paid off and I'm trading it in to the dealer.
I'm getting cold feet as far as the lease or more accurately I'm on the fence, i would love the lower payments of a lease but I also like the ownership of purchasing out right.
THE QUESTION, finally, is it too late to switch my deal from lease to purchase? I still have my car, haven't signed any of the plethora of leasing papers, i guess that will be tomorrow. Although, my insurance has transferred over but the registration has not to my knowledge
Please give your opinions also... I read a lot online about leasing vs buying but maybe real life stories may help. Why did you lease or buy your vehicle?