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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 63

#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

#506 of 631 Re: Performance and Luxury [Car_man] by urojoe

Dec 01, 2011 (10:13 pm)

Replying to: Car_man (Nov 21, 2011 4:22 pm)
Just went to dealer and got this.
 
2012 srx luxury
 
Msrp: 42985
Total cap cost after deductions: 37111
Drive off: 696.88
Monthly including tax: 450.10 ( LA 8.75%)
 
36 months. 12k year
 
Okay deal ?
 
If good, will go get the car this weekend.
 
Thank you

#507 of 631 2012 SRX Luxury+Nav/FWD by larwil324

Dec 16, 2011 (1:09 pm)

Car Man;
    Could you please tell me what the current december money factor and residual (12K miles and 36 mths , would be for a 2012 SRX Luxury edition FWD (msrp $43,335) through 1. GM financial and 2. ALLY bank. Also what are the current rebates & incentives from GM and ALLY on this SUV.
 
Thank You

#508 of 631 2012 SRX Luxury FWD No Nav by mctrees02

Jan 08, 2012 (4:03 pm)

Car Man,
 
What are you showing as the money factor and residual for a 2012 SRX Luxury FWD w/o Nav on a 10k/year lease?
 
A local dealer yesterday quoted me at 2.2% and 56% residual thru Ally. That rate is either a big spike from previous months or a dealer markup.
 
Thanks in advance.

#509 of 631 Re: 2012 SRX Luxury FWD No Nav [mctrees02] by Car_man HOST

Jan 15, 2012 (11:09 am)

Replying to: mctrees02 (Jan 08, 2012 4:03 pm)
Hi mctrees02. Ally's January base lease rate and residual value for a 36-month lease of a 2012 Cadillac SRX Luxury FWD with 10,000 miles per year are 1.1% and 55%, respectively.
 
It looks like the dealer may be attempting to mark your rate up.
 
General Motors is currently providing a $475 cash incentive on 36-month leases of this truck through Ally. It is also waiving the first month's payment as well.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#510 of 631 Re: Performance and Luxury [urojoe] by tmasjr

Jan 15, 2012 (1:06 pm)

Replying to: urojoe (Dec 01, 2011 10:13 pm)
Did you ever complete this deal? What if you only need 10,000 miles, how much less? What do you get with Luxury? Total down was only $696?

Messages Page 51 of 63

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