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Prices Paid: Buying & Leasing Experiences 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
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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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Replying to: lars1281 (Dec 27, 2006 9:05 pm) |
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Replying to: susanw6 (Dec 05, 2006 6:46 am) Car_man Host Prices Paid Forum
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Replying to: Car_man (Jan 02, 2007 3:57 am) I have one more lease payment left (Jan)on my current vehicle. I have until Feb 17 to turn the car over. I would love to know about any SRX lease incentives then. I'll keep checking and hopefully find something more timely, as the end is definitely near for me! Susan |
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Replying to: hartt (Dec 17, 2006 7:38 pm)  . General Motors is not providing lease support any more. If you want to lease this vehicle, you would be better off going with a 2007 model. Through January 2nd, GMAC's base lease rate and residual value for a 36 month lease of a 2007 Cadillac SRX V6 with 15,000 miles per year are 4.95% and 52%, respectively. General Motors is scheduled to introduce its new January incentive and lease programs tomorrow. I would be happy to give you am idea of what its new promotions for this truck are like if you're interested. Car_man Host Prices Paid Forum |
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Replying to: lars1281 (Dec 27, 2006 9:05 pm) Car_man Host Prices Paid Forum |
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Replying to: Car_man (Oct 31, 2006 3:58 am) I wanted to ask another question. When it comes time to turn in the vehicle.....1. if you want to keep the vehicle, how is the amount determined that you will pay? Are payments involved or one lump sum to the dealer. 2. what happens if you do not have such a large amount of money to pay off the car....do you just lease another vehicle? 3. What happens if your credit was ruined during your lease agreement? If you paid the car dealer on time, will they consider this or is your overall credit checked once again when considering leasing another vehicle?
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Replying to: policelady (Jan 03, 2007 3:53 pm) If you do not have a large sum of money available to purchase your vehicle at the end of your lease you can either finance it or just walk away from your lease and lease or purchase a new vehicle. Every bank uses its own set of guidelines to determine who it will and will not approve to lease vehicles. Domestic manufacturers' captive finance companies, like GMAC, are usually fairly lenient in who they approve. If you have a good payment history with GMAC I suspect that you would have to really mess up your credit during your lease for them not to approve you to lease another vehicle through them. Car_man Host Prices Paid Forum |
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I am negotiating a lease for a 2007 V6 SRX with utility pkg (3rd row) and adjustable foot pedals. First, Do I need to purchase the $4100 premium package in order to get the adjustable pedals, or can I purchase the $1300 premium collection to get it? Also, with $2000 out-of-pocket, 36 or 39 months  , 15k miles/year and excellent credit, what is a good monthly payment? I was hoping to get it in the low 500's-maybe $525. Is this realistic?
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Replying to: susanw6 (Jan 23, 2007 12:00 pm) 2007 V6 SRX w/Premium package ($4100) and utility package ($1125), in White Diamond. MSRP is $43,455. I put down $2000 in GM Mastercard rewards 39 month lease w/15,000 miles/year $470.00 per month, plus tax for a grand total of $498.20. They had others that were $40 more per month, but they said this one was an "older age model", meaning it was one of the first few they got in from Detroit in October, so there was some add'l rebate Cadillac was providing them on it. My only concern was that it had 130 miles on it and I've never bought or leased a new car with more than 15 miles on it. I made them check the computer to see how those miles got there and when it arrived at the dealership on Oct 24, it already had the 130 miles (I actually saw this). They said it was not a dealerhisp transfer, nor a demo. They said that maybe it was used as a test model by the factory. Never believing anything a dealership says, I'm skeptical, however, I still think I got a good deal and since its a lease, as opposed to a purchase, I'm O.K. with it. Anyone ever heard of that?
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