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Cadillac SRX Lease Questions

263 messages,  Last post on Dec 07, 2009 at 8:19 PM

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

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#254 of 263 Re: To Car_Man: [Car_man] by lars1281 Nov 27, 2009 (3:08 pm)
Replying to: Car_man (Nov 10, 2009 3:01 am) Car Man:    I am looking at doing a 39 month lease on a 2010 luxury edition with nav. MSRP is $43,790. Few questions for you.    1. THey say no incentives for me. I am currently in an SRX lease. Is there a $600 rebate?    2. THey are quoting me .0018 money factor from us bank. This is 4.32%. Is this correct?   3. Residual is 52% with the lower 10k miles/yr. on a 39 month lease...    4. I got the supplier price of about $2k off from my company. Out the door is $4000 out pocket nad $600k/month. THis seems like a lot down and a lot per month.. thoughts?? Replies to this message: Car_man (Dec 07, 2009 2:49 am)
#255 of 263 I will be paying over $100/mo for 39 mo if I buy now. by tezzz Dec 01, 2009 (2:11 pm)
I have checked 2 different places. The most I could get was $1000 off MSRP for 2010 luxury pack. I have check what happed for the first generation of SRX. It was very hot for the first 6 months like this 2nd generation. Guess what?? After that people paid 7-8K off from MSRP. So I decide to wait for another 6-8 months. My 08 FX35 is still like brand new. Don’t need to hurry to pay over $100 more for 39 months. It is a HOT truck by the way. Replies to this message: caddydan76 (Dec 07, 2009 11:57 am)
#256 of 263 Re: Seasons Best? [ny_joe1101] by phantom12 Dec 04, 2009 (7:53 pm)
Replying to: ny_joe1101 (Nov 21, 2009 4:59 pm) ny joe, you have the best deal i've seen yet. i wouldve taken it and ran. the only thing is they will only let you redeem $1,000 in GM points at a time, so $300 of your earnings will not be credited to that price. figure your out of pocket to be $3,500 instead of $3,200. the best deal i could find was : 2010 awd, luxury with nav, and rear entertainment for 39 mo. , 12k, $ 599.00 mo. w/ 2k upfront. and believe me, i played every dealer against each other.your deal is sweet. who did you go to?
#257 of 263 SRX Car Lease by srx010 Dec 05, 2009 (3:41 pm)
Car Man:   I have a buy price of $37,800 for a 2010 SRX with a MRSP of $40,230. What should my lease payments be for a 36 or 39 month lease for 12,000 or 15,000 miles per year. thanks Replies to this message: Car_man (Dec 07, 2009 3:00 am)
#258 of 263 Re: November rates/incentives [bigliljen] by Car_man HOST Dec 07, 2009 (2:38 am)
Replying to: bigliljen (Nov 16, 2009 4:41 pm) Hey bigliljen. You're actually lucky that your vehicle got pushed back into December, for some reason GMAC bumped up its residual values for the SRX by a couple of points this month.   Its current base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX FWD Performance with 12,000 miles per year are 3.55% and 50%, respectively. The numbers for an otherwise identical 48 month lease are 4.2% and 40%.   Yes, the $600 cash incentive on leases through GMAC really does exist.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: bigliljen (Dec 07, 2009 8:19 pm)
#259 of 263 Re: To Car_Man: [lars1281] by Car_man HOST Dec 07, 2009 (2:49 am)
Replying to: lars1281 (Nov 27, 2009 3:08 pm) Hi lars1281. General Motors is currently providing the $600 cash incentive that you mentioned on leases through GMAC. On top of that, I believe that you should be eligible for the $500 cash incentive that consumers who opt not to go with GM's 60-Day money back guarantee are entitled to.   GMAC's December base lease rate for a 39 month lease of a 2010 Cadillac SRX is 3.55%. That is equivalent to a money factor of around .00148. GMAC just raised its residual values for the 2010 SRX, but I can't tell you what the exact resid should be for the model that you're interested in without a detailed description of it.   I definitely would not pay $4,000 at lease signing on this truck if I was in your shoes. The less you can get away with paying at signing, the better. Consumers who plunk a lot of money down on leased vehicles are at risk of losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. You can and should go with a zero down lease on this truck. Don't pay any cap cost reduction on it, just your first month's payment, security deposit, and acquisition fee.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#260 of 263 Re: SRX Car Lease [srx010] by Car_man HOST Dec 07, 2009 (3:00 am)
Replying to: srx010 (Dec 05, 2009 3:41 pm) Hi srx010. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2010 Cadillac SRX Luxury AWD (you never mentioned the specific trim level that you're getting. Let me know if you're going with something else because it makes a difference) that has an MSRP of $40,230 and a selling price of $37,800 through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $577.   The payment for a 36-month, 12,000 mile per year lease drops to around $556.   The payment for a 39-month, 15k lease would be around $559. The 39-month, 12k payment would be around $540.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#261 of 263 To: car_man by srx010 Dec 07, 2009 (10:51 am)
Thanks car_man for the numbers on the 2010 SRX.. I know you say never to put money down on a lease. But I have $2,000 in GM points. Should that come off the $37,800 or do I have to use the $2,000 as money down on the lease. How much does that take off the $559 - 39 mth 15K lease ? thanks
#262 of 263 Re: I will be paying over $100/mo for 39 mo if I buy now. [tezzz] by caddydan76 Dec 07, 2009 (11:57 am)
Replying to: tezzz (Dec 01, 2009 2:11 pm) The first gen of SRX was not this HOT! I have a 6-8 week wait to order as we have sold out. Also, they dropped MSRP and mark up A LOT over previous version. My average mark up is only $2,000-$2500.
#263 of 263 Re: November rates/incentives [Car_man] by bigliljen Dec 07, 2009 (8:19 pm)
Replying to: Car_man (Dec 07, 2009 2:38 am) Thanks CAR MAN! I pick it up this Friday from the dealership, so I will post what my final numbers are like!!   bigliljen

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