- #100 of 263
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Re: How much??? [isla_guy]
by Car_man HOST
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May 01, 2007 (2:06 am)
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Replying to: isla_guy (Apr 17, 2007 4:35 am)
Hey isla_guy. The lease cash and conquest incentives that you mentioned are scheduled to run through July 9th, so you have plenty of time.
Car_man
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- #101 of 263
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Re: Lease help ASAP [isla_guy]
by Car_man HOST
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May 01, 2007 (2:09 am)
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Replying to: isla_guy (Apr 18, 2007 5:10 pm)
Hi again isla_guy. In your post you mentioned what this truck's dealer invoice price is, but never specifically said what its selling price is. If you tell me what the selling price is I would be happy to let you know what I think of this deal.
Car_man
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- #102 of 263
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Re: New SRX V8 Lease - Good Deal? [stevef5]
by Car_man HOST
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May 01, 2007 (2:13 am)
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Replying to: stevef5 (Apr 20, 2007 5:23 am)
I'm glad that you find this discussion so helpful, SteveF5. You mentioned what this truck's MSRP and dealer invoice price are in your post, but never mentioned the specific selling price was used to calculate the lease that you were quoted. This is a very important number to find out. It will show you if there is any room left to negotiate on your deal. Let me know what the selling price is and I will tell you what I think.
Here's the lease program info that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac SRX V8 with 15,000 miles per year are 3.95% and 53%, respectively. The lease rate for an otherwise identical 39 month lease would be the same, but its residual value would be 52%. When negotiating your lease on this deal, make sure to take the $2,250 lease cash and $1,000 conquest cash for current owners and lessees of non-GM vehicles into account. They will help you to negotiate an attractive capitalized cost for your lease.
Car_man
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- #103 of 263
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Re: April Lease factors [sand529]
by Car_man HOST
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May 01, 2007 (2:20 am)
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Replying to: sand529 (Apr 20, 2007 10:11 am)
Here's the info that you're looking for, sand529. This truck's lease program varies by term and mileage allowance. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac SRX V6 with 15,000 miles per year are 3.95% and 52%, respectively. The lease rate for an otherwise identical lease of an '07 SRX V8 would be the same, but the residual value would be 52%.
Car_man
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- #104 of 263
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Re: 2007 V-8 deal [heytray]
by Car_man HOST
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May 01, 2007 (2:22 am)
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Replying to: heytray (Apr 27, 2007 2:32 am)
Congratulations on getting your new SRX, heytray. Thanks for taking the time to share the details of your deal with everyone. It sounds like you got a very good deal. Enjoy your new ride .
Car_man
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- #105 of 263
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Re: Cadillac SRX [karld]
by Car_man HOST
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May 01, 2007 (2:24 am)
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Replying to: karld (Apr 27, 2007 2:57 pm)
Hi karld. I haven't heard that GM is going to stop producing the SRX after the 2008 model year, but that does not necessarily mean that it won't happen. Try stopping by the following discussion to see if anyone there has heard this rumor: "Cadillac SRX".
Car_man
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- #106 of 263
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2007 lease-- Need help asap
by fletch58
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May 19, 2007 (8:31 am)
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Replying to: edscars (Apr 15, 2007 7:34 am)
Hi,
Been a while since I leased. the interest rate has me confused as I did it with money factor last time.
Also, what would be a good deal on a SRX , purchase price around $43,000, 36 months, 15,000 miles per year with total out of pocket of $2500
Please resond asap, I don't trust myself
Thanks
Jack
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- #107 of 263
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Re: April Lease factors [Car_man]
by goodtogo
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May 21, 2007 (4:37 am)
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Replying to: Car_man (May 01, 2007 2:20 am)
Are the lease rates and residual values significantly different for a 24mos/12,000 mile per year lease deal on a 2007 V-8 SRX?
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- #108 of 263
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Re: 2007 lease-- Need help asap [fletch58]
by Car_man HOST
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Jun 06, 2007 (2:07 am)
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Replying to: fletch58 (May 19, 2007 8:31 am)
Hi Jack. As you have seen, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400. For example, its 3.95% lease rate for the 2007 Cadillac SRX would be equivalent to a money factor of around .00165. I would be happy to use GMAC's current lease program to estimate what your monthly payment would be on the SRX that you are interested in. I just need you to provide me with its full MSRP first. Both the MSRP and selling price are necessary when calculating lease payments.
Car_man
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- #109 of 263
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Re: April Lease factors [goodtogo]
by Car_man HOST
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Jun 06, 2007 (2:11 am)
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Replying to: goodtogo (May 21, 2007 4:37 am)
Hey goodtogo. GMAC's current base lease rate and residual value for a 24 month lease of a 2007 Cadillac SRX V8 with 12,000 miles per year are 3.95% and 65%, respectively.
Car_man
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