Last post on Dec 03, 2013 at 11:58 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Cadillac SRX, Car Leasing, SUV
#607 of 643 Re: 2013 SRX Luxury Package [Car_man]
Jan 05, 2013 (12:27 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-
$0 out of pocket
15k miles yr.
$562 or $615 incl. tax, monthly pymt.
Any help is appreciated!
#609 of 643 Re: SRX lease - good deals [newcaddyman]
Jan 11, 2013 (4:07 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 643 Re: SRX lease - good deals [billy3554]
Jan 11, 2013 (7:33 am)
Is this a good deal on a lease for an SRX lux no nav:
$650 incl tax
#611 of 643 Seeking Ally Lease Terms - SRX Performance
Jan 18, 2013 (12:18 pm)
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?
#612 of 643 Re: Seeking Ally Lease Terms - SRX Performance [chicagopjp]
Jan 20, 2013 (8:11 am)
Hi chicagopjp. Ally's January base lease rare and residual value for a 36-month lease of a 2013 Cadillac SRX Performance AWD with 10,000 miles per year are 2.1% and 59%.
As far as cash incentives go, in addition to the $1,000 that you mentioned there is a $500 cash incentive on leases of this vehicle through Ally.
Prices Paid: Buying & Leasing Experiences Forum
#613 of 643 New to Cadillac in Texas
Jan 20, 2013 (3:40 pm)
Just took a job as GM in one of the Cadillac dealerships in Texas...would like to hear from the forum with advice they would like to give me in the way of sales and service...
What do you want out of a dealership?
#614 of 643 2013 SRX Performance Lease figures
Jan 22, 2013 (10:46 am)
Car man or anyone else who has access... please help! What are the current money factors and residuals for this vehicle? I think that the dealership I'm working with uses US Bank and Ally.
2013 FWD SRX Performance Package
Negotiated Price: TBD
Residual Value: ?
Money Factor: ?
#615 of 643 Re: 2013 SRX Performance Lease figures [texascaddyguy]
Jan 23, 2013 (12:29 pm)
I'm in Texas so hopefully I can help. The dealership probably has three options to provide for you (Ally/US Bank/GM Financial)... as mentioned before US Bank's program does have a disposition fee of $395 that Ally and GMF do not have.
The residual and money factor can vary depending on the term and mileage you are using... here are some examples (with accurate information):
36 Month Ally Lease 15k per Year: 2.1% with 56% Residual
36 Month USB Lease 15k per Year: 1.92% with 56% Residual
36 Month USB Lease 15k per Year: 4.85% with 56% Residual
***Moving to 12k per year would bump all three residuals by 2% (making 58%).
48 Month Ally Lease 15k per Year: 3.2% with 47% Residual
48 Month USB Lease 15k per Year: 2.28% with 47% Residual
48 Month USB Lease 15k per Year: 6.77% with 47% Residual
***Moving to 12k per year would bump all three residuals by 3% (making 50%).
From what I have seen all of the infomation on this forum seems to be pretty accurate so I think you will be able to find some good answers. The current programs goes through the end of February. If you need more specifics on residuals post what terms your are looking for.
#616 of 643 Cadillac SRX 2013 Premium AWD Lease
Jan 23, 2013 (5:24 pm)
Can anyone help me I'm going to lease a Cadillac SRX 2013 AWD Premium around the beginning of March, but I do not know if this is a good deal:
$551.42/ month after taxes on approved credit
$521.00/ month after taxes on approved credit
Does anyone know what Cadillac considers "Good credit", or just in general, the score it takes to lease this vehicle?
Pros, and Cons for Co-signing with my girldfriend?
I'd appreciate any, and all help.