628 messages,
Last post on Apr 30, 2013 at 5:52 PM
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Cadillac SRX, Car Leasing, SUV
#602 of 628 Re: 2013 SRX Luxury Package [like2lease07]
by Car_man HOST
Dec 27, 2012 (7:57 am)
Hi like2lease07. Ally's December base lease rate and residual value for a 36-month lease of a 2013 Cadillac SRX Luxury with 10,000 miles per year are 3.55% and 59%.
When negotiating your deal on this truck make sure to take advantage of the $1,900 cash incentive that General Motors is currently providing on leases of it.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#603 of 628 SRX lease - good deals
by newcaddyman
Dec 30, 2012 (8:06 pm)
I'm interested in a new Cadillac SRX - Luxury w/ Nav. here's the deal i'm working on...is it a good deal?
MSRP: 45300
Negotiated: 43369
Rebates: 5380
Cash down: 1300
36 month, 12K miles
Residual: 58%
MF: .00139583
Tax: 7.75%
I'm debating between purchasing and leasing, but i don't get the rebates if i buy....it's cheaper to actually lease and then buy after 3 yrs. Thoughts? Is it a good deal to lease?
#604 of 628 Re: SRX lease - good deals [newcaddyman]
by newcaddyman
Dec 30, 2012 (10:43 pm)
Sorry, rebates are ~4000, not 5380.
#605 of 628 Re: SRX lease - good deals [newcaddyman]
by cpi000000
Jan 04, 2013 (2:43 pm)
Where did you find $4000 is rebates?
#606 of 628 Re: SRX lease - good deals [cpi000000]
by newcaddyman
Jan 04, 2013 (3:09 pm)
$1900 Ally, $2K competitor lease, and there was another ally incentive which brought the rebates over 4K....
#607 of 628 Re: 2013 SRX Luxury Package [Car_man]
by almanac_1134
Jan 05, 2013 (1:27 pm)
Car_man or any others that can give me guidance on my first lease:
Is this a good deal on black base model 2013 Cadillac SRX lease-
$38,107
$0 out of pocket
39 mos.
15k miles yr.
$562 or $615 incl. tax, monthly pymt.
Any help is appreciated!
#609 of 628 Re: SRX lease - good deals [newcaddyman]
by billy3554
Jan 11, 2013 (5:07 am)
Actually, with respect to the value of a vehicle there is no difference in what a person will pay if the vehicle is bought or if the vehicle is leased and then bought from the manufacturer/bank at the end of the lease.
If a person pays $50,000 for a vehicle and buys it, the person will pay $50,000. If a person leases a $50,000 vehicle for three years with a residual value of $30,000, that person pays $20,000 over the life of the lease. If bought, the person would pay the other $30,000 at that time. Both total $50,000.
The value of a lease is over the life of the lease the person only pays for the depreciated amount which is usually less than the total amount paid during that time on a purchased vehicle.
However, the person leasing who later buys would likely pay more if the total period to lease exceeds the period used to purchase the vehicle which would result in more finance charges but not more for the actual vehicle cost.
As with a purchase, at the end of the lease, the leasee can buy the vehicle, sell the vehicle or trade the vehicle. And, a real advantage, the person can simply return the vehicle which they cannot do with a purchase.
Leasing is a great option for people who understand leasing.
#610 of 628 Re: SRX lease - good deals [billy3554]
by almanac_1134
Jan 11, 2013 (8:33 am)
Billy3554-
Is this a good deal on a lease for an SRX lux no nav:
12k miles
$0 down
36 mos.
$650 incl tax
#611 of 628 Seeking Ally Lease Terms - SRX Performance
by chicagopjp
Jan 18, 2013 (1:18 pm)
Hello, car_man:
Could you please offer the rate and residual for a 10K mile/36 month lease on an SRX Performance AWD? If it changes by trim level, I guess I'd also be interested in having the details for the Luxury and Premium.
Also, any incentives? I see there's a $1000 loyalty available in an email I just received today -- anything else?
Thanks!