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Cadillac SRX Lease Questions

631 messages,  Last post on May 23, 2013 at 2:18 PM

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What is this discussion about? Cadillac SRX, Car Leasing, SUV

    

Messages Page 51 of 64

#496 of 631 Re: cadillac 2012 SRX lease help [futurescape] by slofil

Nov 11, 2011 (5:43 pm)

Replying to: futurescape (Nov 11, 2011 10:26 am)
Leasing is very complicated (the car dealers like that). First get the best price for car. (Cap Cost), then go from there. Value of lease is "no money down", just renting car. Any "down payment" or "trade in", just is pre-paying your rent. If you are trading in a car and making a down payment, you may be better off with purchase, as there are very low interest rate incentives now. ??1.9%.
The money-factor (interest rate), term of lease, miles allowed, residual value all figure into how they do the leasing deal. There can be dealer incentives (money GM gives the dealer for selling a car, or leasing a car). The dealer can take the best interest rate available for the lease and give you a higher one, to increase profit. So it's very hard to tell if you have a good deal without lots of information. Lots of sources of information on the internet. I did lots of research, and still probably am paying too much!!

#497 of 631 Re: 2012 SRX Luxury Lease Deal by thumbs100

Nov 12, 2011 (1:00 pm)

Replying to: kywon (Oct 13, 2011 11:51 am)
lease quote/deal- is this a good deal???
 
 39 months, 12k miles yr, 2012 SRX luxury model, FWD, $40k msrp,
I pay the tax upfront, $419/mo.
 
In addition, they are paying off my nissan rogue lease payments, ~$1700

#498 of 631 Re: current ally rates [STOECK] by Car_man HOST

Nov 14, 2011 (5:43 pm)

Replying to: STOECK (Oct 20, 2011 4:48 pm)
Greetings STOECK. Ally's November base lease rate and residual value for a 36-month lease of a 2012 Cadillac SRX Luxury AWD with 10,000 miles per year are 1.0% and 55%, respectively.
 
The numbers for an otherwise identical 39-month lease are 1.0% and 53%.
 
General Motors is currently providing a $1,225 cash incentive plus the waiver of the first month's payment on 36-month leases of this truck through Ally.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#499 of 631 Re: 2012 SRX Luxury Lease [slofil] by Car_man HOST

Nov 14, 2011 (5:46 pm)

Replying to: slofil (Oct 29, 2011 2:37 pm)
Hi slofil. Dealers are often allowed to mark up banks' base lease rates on vehicles. It looks as though that is exactly what this dealer is doing here. Savvy consumers who shop around should be able to avoid this sort of money factor mark up. Don't worry about hurrying to get a good deal on this car, I suspect that General Motors is going to at least maintain or perhaps even enhance its support on most models through the end of the year.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#500 of 631 SRX Luxury Lease by rutledge2

Nov 16, 2011 (1:34 pm)

Can anyone provide an opinion on this offer please:
 
SRX Luxury
12,000 miles
36 months
$0 down - Sign and Drive
$450 per month
South Florida

#501 of 631 Re: 2012 SRX Luxury Lease [Car_man] by kywon

Nov 16, 2011 (2:06 pm)

Replying to: Car_man (Oct 17, 2011 4:01 pm)
Just wanted to (finally) give an update. Ended up leasing a 2012 Red SRX Luxury with Nav and spare tire from a dealer in Southern California at the end of October. We had a certificate from Cadillac/GM for $2,000 off this car and the lease is through US Bank. Here are the details:
 
MSRP: 44,330
Price: 39,541 + 695 acquisition fee
Less: $1,325 incentive + $2,000 certificate thingy = -$3,325
Net Cap Cost: 36,911
Residual: 59%
Interest rate: 4.05% or 0.00169 MF
Payment before tax: $406
 
The Cap cost is interesting. It's $5,600 less than invoice with all the rebates. Even before rebates, the Gross Cap Cost is $3,000 less than invoice. This was for a car that they just got in the lot the day before so they're getting full hold back I assume.

#502 of 631 Performance and Luxury by cwa31871

Nov 17, 2011 (1:38 pm)

Carman.......
 
What are the numbers on the SRX performance and premium models for a 36 month lease and 15k miles?
 
My fear is that the best deals are on the luxury collection only.
 
Thanks Carl

#503 of 631 2012 SRX Luxury+Nav/Performance Prices by jonkarn

Nov 18, 2011 (7:09 am)

Looking into Luxury Plus Nav, or Performance 15K/yr 39 mth
 
Lux-Got quoted $45500 plus $2000 Conquest rebate, $43500, plus taking care of my 3 remaining payments on my Infiniti EX35($470/mth, im sure they are adding this to the price of the car though)
$2K down
$539/mth
 
Performance
$45200
$584/mth
 
I would like the Performance Package, as I would like the 20in wheels and 5.1 10 spkr Bose, but I also need to be closer to $500, so I may settle for Lux with Nav
 
Doesnt seem like they are giving me much of a deal other than the 2K Conquest rebate. How do these numbers stack up considering MF and Residual? What are the residual and Money Factor for these models with 15K/yr?
 
Would like to put no more than 1K-1,5K down and be around $500/mth. What are my chances? I am going to a second dealership today to price shop.
 
 I started asking the salesman more detailed questions about sticker price and rebates and MF and residual, but he got flustered, didnt have any details for me, and told me that the "lease guy" left for the day and will get back to me. The salesman wasnt very knowledgable about the car and pkg details, and i felt I knew more than he did. What is it with these salesmen not knowing everything about the cars they sell? They only have like 5 models, how hard it is?
 
By the way as an aside, I had just come from Jeep, looking at the GC Limited. It seems they are more desperate and were willing to try to come down in price to lease the car before the holiday.

#504 of 631 Srx performance by cwa31871

Nov 18, 2011 (6:39 pm)

Just quoted today the following offer. This was one of three offers from local dealers in Sarasota and Tampa Florida. The other offer was over 700 a month and waiting on the third.
 
2012 SRX Performance
Msrp 44900
Selling 43500
Minus 1225 rebate
36 month 15k year
Payment including tax is 672.95
Due at signing is 1070 and GM waves first payment
According to Internet Manager this is 52% residual and 2% money factor
 
Any thoughts? Doesn't seem all that great to me.

#505 of 631 Re: Performance and Luxury [cwa31871] by Car_man HOST

Nov 21, 2011 (4:22 pm)

Replying to: cwa31871 (Nov 17, 2011 1:38 pm)
Hi Carl. Ally's current base lease rate and residual value for a 36-month lease of a 2012 Cadillac SRX Performance AWD with 15,000 miles per year are 1.0% and 52%, respectively.
 
The numbers for an otherwise identical lease of a Premium AWD model are 1.0% and 50%.
 
General Motors is currently providing a $1,225 cash incentive on 36-month leases of this truck through Ally. It is waiving the first month's payment as well.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 51 of 64

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