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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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#239 of 256
Re: To Car_Man: [Car_man] by ambere10
Oct 23, 2009 (12:08 pm)
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Replying to: Car_man (Oct 07, 2009 1:48 am)

HI Carman,
 
I just purchased my Lexus IS250 and I am so greatful for all the help and guidance you provided!!! Thank you!!!
I am now helping my mom research lease prices for the 2010 Cadillac SRX and I figured the forums would be the best place to start. She lives in NJ and is interested in the base model or the next one up which runs about a $36k MSRP. What is the current residual on a 15k mile a year lease and what would be a rough money factor...her credit isn't really all that great so I was wondering if you knew of a worse case scenerio #. Any help would be greatly appreciated! Thanks!
 
Amber
#240 of 256
November rates/incentives by bigliljen
Nov 02, 2009 (2:03 pm)
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Hey everybody,
 
I will be picking up my SRX in a couple weeks and was wondering if the residuals or lease % rates have changed at all for this month.
 
Thanks
#241 of 256
Re: To Car_Man: [ambere10] by Car_man HOST
Nov 10, 2009 (3:01 am)
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Replying to: ambere10 (Oct 23, 2009 12:08 pm)

You're very welcome, Amber. Congrats on getting your new IS. You've been busy shopping for new vehicles. Be careful...it's addictive .
 
Here's the current lease program for the Cadillac SRX that your mother is interested in. GMAC's current base lease rate and residual value for a 36 month lease of a Base or Luxury 2010 Cadillac SRX with 15,000 miles per year are 3.55% and 48%, respectively.
 
Normally one's credit score could have an impact upon what money factor or interest rate they are charged on their lease, however I believe that GMAC runs a sort of pass / fail system with its lease program. Either your credit score is good enough for you to qualify for its best rate or you can't lease through them at all. Furthermore, GMAC is one of the more lenient banks in terms of who it approves to lease and finance vehicles. Your mother should be able to lease through them unless her credit is really messed up.
 
When your mother is negotiating her deal, make sure that she takes advantage of the $600 cash incentive that is currently available on leases of this truck through GMAC.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#242 of 256
Re: November rates/incentives [bigliljen] by Car_man HOST
Nov 10, 2009 (3:04 am)
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Replying to: bigliljen (Nov 02, 2009 2:03 pm)

Hi bigliljen. Please see my previous post for an idea of what this truck's current lease program is like. Let me know if you would like information on a different trim level, term, or mileage allowance.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#243 of 256
Re: November rates/incentives [Car_man] by bigliljen
Nov 16, 2009 (4:41 pm)
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Replying to: Car_man (Nov 10, 2009 3:04 am)

Hey CAR Man,
 
Well, looks like it'll be Dec now...GM never recieved the order! But they cut another $500 off, making the negotiated $39,197, and threw in a free set of mud guards....
 
Anyway, it will be a FWD Performance w 20" chrome, 12,000 mile lease. Do you have the 36/39/48 terms, residuals, and with tier 1 credit, what is current MF?
 
Is there really a $600 cash incentive?
 
Thanks, I just want to make sure I'm fully prepared
Bigliljen
#244 of 256
Re: To Car_Man: [rbirns1] by dpix
Nov 18, 2009 (6:45 pm)
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Replying to: rbirns1 (Oct 06, 2009 5:45 am)

rbirns1
 
Im in NYC and looking to get into a SRX, would you recommend your dealer?
 
Thanx
#245 of 256
Is it just me? by dpix
Nov 19, 2009 (7:54 am)
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I am currently in the market for a new SRX, as you can see from my post above, and I am soliciting quotes from about 4 local dealers that have the car, color and options I'm looking for....... but I'm wondering why is it soooo hard to get numbers? I provide the VIN# I am interested in and yet I get replies of "come in and we can work out the numbers"
 
Do the calculators only work when you walk into the showroom? or am i missing something?
#246 of 256
Re: Is it just me? [dpix] by 40yearfan
Nov 19, 2009 (8:19 am)
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Replying to: dpix (Nov 19, 2009 7:54 am)

They figure if they can get you into the showroom, they can wear you down and talk you into a deal that is great for them, but not so great for you. Any of the dealers here in Arizona, if you give them the VIN #, they will quote you a price or a lease figure. It might not be the greatest, but it gives you a point to work from and a chance to make an offer to see if they will accept it.
 
If they aren't quoting you a price, make a low ball offer to get the pricing started and see how they respond.
#247 of 256
Re: Is it just me? [40yearfan] by dpix
Nov 19, 2009 (8:48 am)
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Replying to: 40yearfan (Nov 19, 2009 8:19 am)

I actually get a GM Supplier discount through my job which according to the site will take about $2k off of the MSRP. I provided the VIN# of the car on the lot in my emails to them and when I get responses that I need to come in so we I can find out if you want the base. luxury or premium package its insulting. I gave you the VIN of the car that you have in stock, smh
 
Taking my business elsewhere
#248 of 256
Re: Is it just me? [dpix] by bigliljen
Nov 19, 2009 (9:46 am)
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Replying to: dpix (Nov 19, 2009 8:48 am)

dpix,
 
I also got a supplier discount on a Performance model w 20" chromes. The MSRP was $42425, and my discounted price was $40, 500. I kept looking around and found a dealer in Chicago wanting my business, and his cost was $39, 600, plus any incentive that nay be going on at time of pickup. So keep looking around, and get what you want.
 
Good luck!

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