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Cadillac SRX Lease Questions

240 messages,  Last post on Nov 02, 2009 at 2:03 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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#31 of 240
Re: 07 numbers [Car_man] by derrickh22
Oct 12, 2006 (9:10 am)
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Replying to: Car_man (Oct 11, 2006 1:30 am)

Hi Car-man, I am new to the board but am very interested in the numbers also. Can you tell me the residual and APR for a 07 SRX, 36 month lease, with 12k and 15k a year? Is there any difference between V6 and V8? I assume that the residual is based on MSRP. So if I negotiate sales price down, the residual would still saty the same. Is that correct? Thanks a lot!
#32 of 240
Leasing a Cadillac CTS by policelady
Oct 17, 2006 (5:08 pm)
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Hello
In 2005, I leased a Cadillac CTS. I had never leased before and so far, I have not had any problems with the vehicle. But as I get closer to my 4yr lease end, I wondered if anybody could tell me what to expect? What do the dealers expect from you as a customer at lease end? How easy is it to purchase the vehicle you have been driving or how easy is it to lease another of the same vehicle in a different year. Any info, let me know.
#33 of 240
Re: 07 numbers [me21379] by Car_man HOST
Oct 31, 2006 (3:37 am)
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Replying to: me21379 (Oct 11, 2006 5:37 pm)

Hi me21379. This incentive is completely paid for by General Motors. It has nothing to do with the dealer that you are working with and it doesn't cost them a dime. If you are only getting this car for $2,150 below MSRP then you are not receiving any sort of dealer discount at all and you are not getting a very good deal.
 
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#34 of 240
Re: 07 numbers [derrickh22] by Car_man HOST
Oct 31, 2006 (3:43 am)
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Replying to: derrickh22 (Oct 12, 2006 9:10 am)

Welcome derrickh22. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac SRX V6 are 4.95% and 52%, respectively. This vehicle's residual value for a lease with only 12,000 miles per year would be 3% higher. The lease rate for the 2007 SRX V8 is the same, but its residual values would be 1% higher. You are correct, vehicles' residual values are based upon a percentage of their full MSRPs, including the destination charge and the MSRPs of any options that can be residualized. Any discount that you negotiate off of this truck's selling price would reduce the amount of interest that you have to pay, but have no impact upon its residual value. Make sure to take the $2,145 bonus cash that is currently available on all Cadillacs into account when negotiating this vehicle's selling price.
 
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#35 of 240
Re: Leasing a Cadillac CTS [policelady] by Car_man HOST
Oct 31, 2006 (3:58 am)
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Replying to: policelady (Oct 17, 2006 5:08 pm)

Hi policelady. GMAC is very reasonable when evaluating the condition of vehicles at lease-end. Here is a link to GMAC's lease--end return kit: GMAC SmartLease Vehicle Return Kit. It should answer any questions that you have about the lease-end process. At the end of your lease you will have the option to purchase your leased vehicle from GMAC, to lease a new GM vehicle, or to lease a completely different vehicle.
 
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#36 of 240
Re: Leasing a Cadillac CTS [Car_man] by policelady
Oct 31, 2006 (3:50 pm)
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Replying to: Car_man (Oct 31, 2006 3:58 am)

Thank you so much for this information. I wanted to make sure I have a file on everything I will need to know when that time comes. I will click into the website you provided.
Thanks again.
#37 of 240
lease question by sasuke
Nov 08, 2006 (2:35 pm)
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What are some figures that people have paid lately on the SRX? Trying to get an idea.
#38 of 240
'07 lease info by b4z
Nov 10, 2006 (12:33 pm)
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399 mo for 39 months 10K miles.
 
*16 Example based on survey. Each dealer sets its own price. Your payments may vary. Payments are for a specially equipped 2007 SRX V6 with an MSRP of $40,210. 39 monthly payments total $15,561. Option to purchase at lease end for an amount to be determined at lease signing. GMAC must approve lease. Take delivery by 1/2/2007. Mileage charge of $.25 per mile over 10,000 miles per year. Lessee pays for maintenance, repair, and excess wear. If lease terminates early, lessee is liable for all unpaid monthly payments. Payments may be higher in some states. Not available with other offers.
#39 of 240
Re: Leasing a Cadillac CTS [policelady] by Car_man HOST
Nov 29, 2006 (2:52 am)
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Replying to: policelady (Oct 31, 2006 3:50 pm)

You're very welcome, policelady. Let me know if you have any other questions.
 
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#40 of 240
2007 SRX Lease offer by susanw6
Nov 29, 2006 (9:06 am)
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Went to Coral Cadillac in Ft. Lauderdale, FL on Nov 26th to find out about leasing a 2007 SRX. I was told that the free navigation system or $2150credit was to end on November 30th. Then I saw from reading the website, that the program goes until Jan 2! First Lie!!
Anyway, I don't need the nav or DVD or anything extra special, except for the the 3rd row and adjustible foot pedals. They told me I'd have to get the Utility package and Luxury package. I need 15k miles/year. With only inceptions down ($800),I was quoted $568/month plus tax for 39 months.
How does that sound? I can't see where the $2150 credit was applied. I was hoping to get the payment closer to $500. Does anyone think this is possible? Sue

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