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Cadillac SRX: Lease Questions

256 messages,  Last post on Dec 04, 2009 at 7:53 PM

You are in the Cadillac SRX Forum. Your Hosts are steve_ & tidester

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


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#1 of 256
Cadillac SRX: Lease Questions by Car_man HOST
Aug 31, 2005 (2:22 am)
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Cadillac SRX. Thanks.
 
Car_man
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#2 of 256
SRX by someguy1
Sep 11, 2005 (5:21 pm)
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I am in the market for a new SUV/Wagon.
  
I am hoping to get the sept residuals and money factors of 2005 SRX's 3 years 15K a year
 
  
Thanks KA
#3 of 256
Re: SRX by Car_man HOST
Sep 13, 2005 (1:51 am)
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Here is the information that you are looking for someguy1. If you were to lease a 2006 Cadillac SRX V6 through GMAC right now for 3 years with 15,000 miles per, its base lease rate and residual value should be 3.95% and 52%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
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#4 of 256
SRX Lease by joegolfer1
Jan 21, 2006 (12:46 pm)
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Carman just got offered the following for a Cadillac SRX lease.
36 months, 12k per year, $0 down = $632.64 plus sales & excise for a total of $719.49.
MSRP = $44,300 selling price at invoice of $40,500.
 
Same deal at 48 months = $570.31 plus sales & excise for a total of $648.75.
 
Numbers seem a little high to me. I was wondering if you could tell me what you think.
#5 of 256
Re: SRX Lease [joegolfer1] by joegolfer1
Feb 07, 2006 (8:07 am)
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Replying to: joegolfer1 (Jan 21, 2006 12:46 pm)

Did not get a reply to post below. I am hoping you can comment on the deal below or tell me the current money factor and residuals for an SRX with 36 mths and 15k miles per year. Thannks in advance for your assistance.
 
Carman just got offered the following for a Cadillac SRX lease.
36 months, 12k per year, $0 down = $632.64 plus sales & excise for a total of $719.49.
MSRP = $44,300 selling price at invoice of $40,500.
  
Same deal at 48 months = $570.31 plus sales & excise for a total of $648.75.
  
Numbers seem a little high to me. I was wondering if you could tell me what you think.
#6 of 256
Re: SRX Lease [joegolfer1] by Car_man HOST
Feb 09, 2006 (3:25 am)
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Replying to: joegolfer1 (Jan 21, 2006 12:46 pm)

Hi joegolfer1. When negotiating your Cadillac SRX lease, keep in mind that GM is currently providing $750 lease cash on it. As a result, the dealer that you are working with is making $750 on a lease of one at dealer invoice. This isn't a bad price, but I thought that you needed to know about the cash so you didn't think that this was a thinner deal than it really is.
 
I'd be happy to work up a lease payment on this truck for you using GMAC's current lease program. According to my calculations, if you were to lease a 2006 Cadillac SRX V6 with an MSRP of $44,300 and a selling price of $40,500 through GMAC right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $555. As you can see, something is off with the payment that you were quoted. You definitely need to find out why the payment that you were given is so much higher, or to shop around.
 
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#7 of 256
Re: SRX Lease [joegolfer1] by Car_man HOST
Feb 09, 2006 (3:32 am)
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Replying to: joegolfer1 (Feb 07, 2006 8:07 am)

Hey joegolfer1. GMAC's current base lease rate and residual value for a 36 month, 15,000 mile per year lease of a 2006 Cadillac SRX V6 are 3.95% and 52%, respectively. As you can see, GMAC used lease rates instead of money factors to calculate vehicles' lease payments. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400. If you were to lease this truck with only 12,000 miles per year, its residual value would be 3% higher.
 
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#8 of 256
May 2006: SRX lease rates by mgro
May 02, 2006 (7:42 pm)
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Hello, I was looking to lease a V6 2006 SRX MSRP of $41285. Does anyone know what the current lease rate, residual would be for a 12/15K mile lease for 39 months. Also, is the $2300 lease cash still available and able to be used in addition to the lease/residual. Thanks in advance, Mike
#9 of 256
Re: May 2006: SRX lease rates [mgro] by Car_man HOST
May 18, 2006 (3:53 am)
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Replying to: mgro (May 02, 2006 7:42 pm)

Hello Mike. If you were to lease a 2006 Cadillac SRX V6 through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 3.95% and 52%, respectively. The lease rate for an otherwise identical lease with 12,000 miles per year would be the same, but the residual value would increase to 55%. GM is still providing $2,250 lease cash on this vehicle. This cash will help you to negotiate an attractive capitalized cost.
 
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#10 of 256
Re: May 2006: SRX lease rates [Car_man] by rbirns1
May 30, 2006 (1:56 pm)
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Replying to: Car_man (May 18, 2006 3:53 am)

Is this offer valid for the V8? What are money and residual factors for 10K per year? When does that GM lease cash expire? Is that applied after negotiating price? In other words, if I negotiate a price at invoice, will the lease deal reflect an additional $2250 off?

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