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Cadillac SRX Lease Questions

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Comments

  • roho1roho1 Posts: 317
    You keep referring to the term "points" so that is why I am skeptical.
  • I don't know about that.

    I went to King ORourke and Atlantic and they both took my credit card and checked it over.

    They both came back and told me I could use my full allottment of points.

    This was on top of the GM Supplier pricing I get, Conquest rebate and Credit Union rebate. I just have a few months left on my Acadia and am struggling with rolling payments in or payiong up front.
  • Well, the dealerships are morons. Although they both checked and both gaveme the same answer.......it's wrong.

    I received a mailing from the GM card today. On pg.6 of this pamphlet it states clear as day that GM is instituting maximum redemptions on vehicles. It listed all the cars and the SRX was limited to $1000.

    This would have pissed me off to find this when closing on a deal.
  • that's exactly what happened to me. i sat down to sign on the dotted line, expecting to use all of my credit, them they hit me with the $ 1,000 limit. i was pissed to say the least. but what are you gonna do? it is what it is. and youre right the dealers are morons. the salesmen dont know anything.
  • Well, after placing my order months ago, I finally drove home my 2010 Performance SRX, Grey Flannel, 20" chromes with ebony interior!! Final deal as follows:

    MSRP=$42,425
    With GM Credit Union Discount=$39,967
    $500 Deposit placed at time of order, kept on vehicle as cap reduction= $39,197
    $500 discount plus $170 free mud guards, due to order delays given by dealer
    $38,697 final negotiated price
    52% residual for 39 months, 12000 miles
    3.6% MF=.0015
    US Bank Aquisition fee= $650
    Taxes=$2690
    No security depo
    No first month payment
    $536.95 per month

    Took delivery from Shirey Cadillac in Oaklawn, IL.

    It's a blast to drive! Hope this helps anyone looking to lease!
  • tmasjrtmasjr Posts: 30
    Bog Lil Jen;

    When you took delivery, what did you pay total out of pocket? You wrote "No security depo
    No first month payment
    $536.95 per month'

    Just the $536 out of pocket to start when you took delievry?

    Thanks
  • tmasjrtmasjr Posts: 30
    I am trying to lease by the end of the month, what can I expect;

    I am currently leasing a GM product. Have access to GM Supplier Pricing, but according to this forum, its not smart to use it as you can negotiate a better deal by not mentioning it!!!

    Hence, the LUX 1SB model MSRP 41300 and INVOICE of 37813. My questions are:
    1.) Can I get any lower than invoice with any incentives, if any apply to this new model.
    2.) What can I expect to see as the residual and MF, 52% 3.6%(.0015)
    3.) Is is possible to do any better than $0 out of pocket and $536 including tax x 39 months?

    Thanks, any help is appreciated.

    FYI: My '08 CTS had a higher MSRP and a lower monthly payment! How does GM do business like this?
  • ericzoomericzoom Posts: 213
    My 08' SRX has the same MSRP, and i have a much lower payment for the same term.
  • rexx08rexx08 Posts: 16
    I am looking at the same model (assuming, with the navigation/hard drive/camera, given the MSRP). There is currently a $1,000 manufacturer rebate. I am thinking that with that incentive, you should be able to get the car at or close to invoice. At invoice, with no cap cost reduction at closing, payments should be about $555-565/month (inclusive of sales tax), depending on sales tax where you live, for 39 month/12k per year. If you got $536/month tax inclusive, that is below invoice and great. What were you able to get?
  • shaker58shaker58 Posts: 120
    Hi car man,

    Can you give me numbers for feb ny area. Also any rebates? looking for 39 and 12 miles or 36 months and 12 miles.
    Was quote 600 month and 700 out of pocket for 39 months with a 1000 conquest

    thanks
    shaker58
  • rexx08rexx08 Posts: 16
    Does anyone know the current lease rates for the 2010 SRX? At the end of January, for a 39 month lease, 12k miles per year, I think the rates were 52% residual, .0015 money factor. Have they changed to 50% and .00145? Thanks.
  • tmasjrtmasjr Posts: 30
    Can anyone go a step further and do 39 month figures for only 10,000 miles or the 10,000 isnt an option any longer?

    What are new residual figures?

    Thank you.
  • fxqxfxqx Posts: 2
    Ditto on this request as I'm looking to lease a SRX and haven't heard anything about money factor or residual for February. Any help would be great.

    Thanks.
  • It was only $2645 sales tax and a $695 bank fee.
  • Here you go, shaker58. GMAC's February base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX Luxury AWD with 12,000 miles per year are 3.55% and 51%, respectively.

    In addition to the $1,000 conquest cash that you mentioned, there is a $600 cash incentive on GMAC leases.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi rexx08. I believe that GMAC's residual values for this truck are exactly the same in February as they were in January. GMAC's current base lease rate for 39 month leases of it is 3.55%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi tmasjr. I haven't really checked into it, but I don't see why 10,000 mile per year leases wouldn't be an option any longer. This vehicle's 10k residual values are likely 1% higher than its 12k residuals.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • rexx08rexx08 Posts: 16
    Does anyone know the new lease rates for 2010 SRX Luxury (residuals and money factors for 12,000/year, 39 month lease) for March 2010? Any other incentives besides $1,000 Conquest? Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I sure do, rexx08. Here you go. GMAC's current base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX Luxury AWD with 12,000 miles per year are 3.55% and 51%, respectively.

    General Motors is currently providing a $300 cash incentive on leases of the SRX through GMAC.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • So... I am looking/deciding between the SRX, the XC60 and the Q5 for my wifey! Now I got a H2 and a Tahoe and the wifey hates both cause of their size and being that we are looking to have kids in the next year or two, it only seems right that the SRX, Q5 or XC60 might be perfect choices

    What are some prices you guys have gotten for a 36-month lease with 12,000 miles/year and no more than $2,000 drive-off (so down + all taxes + fees).

    Here is the type of car I am looking for:
    3.0L FWD V6 Performance
    or
    3.0L FWD V6 Luxury

    Please give me some of your feedback and approx. #s of what you guys have gotten, especially if your in California.

    Much appreciated,

    Henrik
  • robi40robi40 Posts: 2
    I am also interested in the FWD Luxury model. So far the best price I have been able to get, with no options added and no special color, is $0 down, $550/month (this includes taxes, fees, etc.) This is for a 39 month lease/12,000 miles/year. I am in New England, where the stock of these vehicles appears to be limited, so the dealers are not dealing. I also want to hear how others have done with this model
  • garykinggaryking Posts: 32
    edited March 2010
    Car_man,

    My current lease is up in a couple of months, so I'm starting the hunt for a new one.
    (By the way, I would like to thank you for all of the money you have saved me over the years!)

    What are the current 36/15 numbers on a AWD 2010 SRX?
    Does it vary for the diferent models?
    What are the current incentives?
  • Can someone share leasing program for SRX Performence, 39 months and 15k miles per year?
    - Residual Value?
    - Money Factor?

    Going to do the deal today....
    Thank you
  • accardiaccardi Posts: 11
    so far deal is awd lux edition with navagation sunroof 48 month lease
    $538.00 12,000 miles 3750 down

    car is $41,277 1000 off equals 40,277

    or front wheel drive no nav and front wheel drive $477.00
    car is 38,235 disount to 36,738.00 3433 down
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome, garyking. GMAC's March base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX Luxury AWD with 15,000 miles per year are 3.55% and 49%, respectively. Its lease rate is the same for all SRX trim levels, but its residual values vary slightly.

    General Motors is providing only a $300 cash incentive on leases of this model through GMAC.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I don't know if you're still interested, but just in case here's the information that you're looking for jbouhadana. GMAC's March base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX Performance AWD with 15,000 miles per year are 3.55% and 46%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • accardiaccardi Posts: 11
    JUST PICKED UP SRX 39M0NTH NAV LUX AWD
    515 PER MONTH AFTER MY TRADE IN DOWN WAS 5000 BUCKS GUESS I DID ALRIGHT THAT WAS ALSO THE 1000 CONQUEST AND 15K MILE LEASE
  • thedrakethedrake Posts: 13
    Is that a good price on a base AWD Luxury model?
  • accardiaccardi Posts: 11
    I HAVE POP UP NAV AND AWD AND FULL SUNROOF AND 39 MONTHS VS 48
    THATS DIFF OF 774 BUCKS PLUS 15K MILES I THINK I COULD HAVE GOT MORE MILES OUT OF THEM BUT MY TRUCK WAS SHOT
  • nmannnmann Posts: 6
    I'd appreciate a little help with this offer I've been given...

    2010 SRX FWD Luxury package, no extra options

    MSRP: $38,235
    Sale price: $36,700
    Cap cost rebate & Conquest: $1,300
    Final Price $35,400
    Due @ signing: $1,884.40 for 1st mo, bank fee, tags
    MF: 4.2%
    residual: 42%
    Mo pmt $538.40 (includes NJ tax)
    48 mo 12,000 mi/yr

    This offer was with no negotiation on my part only internet price quote. I do not qualify for any other incentives other than $1,000 Non-gm and GM's $300.

    I see past messages where people seem to be doing better. I want to pay as little out of pocket as possible, and No Cap Cost reduction. Can I do better? The sales price seems in line with edmunds tmv.

    Thanks so much!
This discussion has been closed.