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Cadillac SRX Lease Questions

242 messages, Last post on Nov 10, 2009 at 3:04 AM
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Replying to: policelady (Oct 31, 2006 3:50 pm) Car_man Host Prices Paid Forum |
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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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How good is the current $2150 discount? My current lease is up in Feb (2 more payments to go). Is this $2150, that is good until Jan 2, too good to pass up? Should I lease in December and just take a loss on my last payment of $400? Or should I wait until my lease end in Feb and see what GMAC is offering then? Thanks, Susan
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| We are currently looking to lease a 07 SRX in Syracuse NY. The best deal that we have seen is MSRP 43,665 - Adjusted Cap. Cost 37,772. With 4,000 down payments would be $472 a month. Does this sound reasonable????? | |
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I am certain you could get some kind of early lease termination deal on your current lease. most manufacturers offer that all the time, expecially if you are within 3 months of it ending.
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Replying to: b4z (Nov 30, 2006 8:58 am) I might be willing to make the last payment of $400, and just keep the car in the garage for an extra month, if the December lease is too good to pass up. I just don't know if December is a better month to lease a car since its the end of the year and dealerships want to move vehicles, or if January is better. In January, the 2007s will be a month older so does that hurt residual? Help! |
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Hello. I posted 3 questions - #40, 41 and 44 and am still looking for some recommendations. Please Help Thanks, Susan
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Hi Car_man. The information you provide has helped me lease my last three vehicles successfully. Thank you. Can you please provide the numbers on the '06 and '07 SRX for 3yr/15K. Thank you.
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Replying to: susanw6 (Nov 29, 2006 12:44 pm) I will write up all the details of my deal in a few minutes. Bill. |
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BTW - THis is a very helpful site and this forum and 'prices paid' forum are especially useful. Together with online leasing help, I think I got a reasonable deal. See what you think. =============================================== 2007 SRX-V6 MSRP: $37,110 Options: Utility Pkg $ 1,125 o 3rd row seat o trailering equipment o heavy duty cooling system o power sterring fluid cooler V6 Premium Luxury Collection $ 7,150 o Luxury Pkg o Driver's Pkg o Prem Seating pkg o Ultraview Sun roof o Rear air o Power adjust pedals o Bose sound system, NAV All Wheel Drive $ 1,900 White Diamond Ext Paint $ 995 Destination $ 745 Total MSRP $49,025 =============================================== Base Cap Cost $46,500 Lease Admin Fee $ 595 Cap Cost Reductions $ 4,642 o Rebate $2145 o My down payment $2497 Adjusted Cap Cost $42,453 Residual value (57%) $27,944 Interst Rate 4.95% Term (months) 36 Sales Tax (%) 9 (Pennsylvania) ==================== Payment: $600/mo Out of pocket = $3489 10k miles/year for 57% residual ================================== Dealer Profit: $1785 + Dealer Holdbacks Computed as Base Cap Cost - Invoice Price $46500 - $44715 = $1785. ========== Dealer = Faulker Cadillac, Trevose, Pa.
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