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2013 and Earlier Cadillac SRX Lease Questions
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Comments
Thanks again for your input! I am happy with my deal. I currently lease a 2004 ML 350 and the SRX has more equipment and is a very nice ride!
I also had the 1639 dollar points built up on my GM card, which is what i used, so in essence it meant no out of pocket cash layout.
I have Factory ordered a vehicle, (its built and on a Rail Car right now) and when working out the lease payments per your information posted, I look like I have a better deal. Also my dealer offered a 48 month 12K per yr. lease at a decent amount lower than the 39 month, so I went forward with the deal.
I have compared this vehicle to many other luxury vehicles out there and could not touch the deal that I worked out.
MDX, FX35, X3, MKX, RX350 all were $5K to $10K more dollars on overall deal with payments and out of pocket cash.
Also I wanted a little different option combination on an SRX Sport package vehicle.
I knew they could not locate one. I also won't have to pay any extra floor plan inventory costs..
I'm curious what kind of deal there giving you. How much of a down payment do they want?
Putting about $800 down. 1st month payment and a few extra bucks.
Deal is in the high 4's. MSRP around $47K
The goal is to try and get them to dive into their holdback.
I agree the SRX hasn't been flying off the lot, so the dealers are bidding against each other pretty aggessively. At least it's a good time of the year to be dealing for a new vehicle.
w/ 3rows, sports, preminum luxury, utility, navigation, sunroof.
0 down. $1,550 out of pocket(tax, 1st month, etc)
msrp 50k, invoice 46k, my magic # 44k!
$620 month
I got it today.
What do you guys think?
As far as gas mileage, i find the same thing on my SRX V6. That's also with the revised mileage figures, which are supposeibly more real world estimates.
I got a similar deal ($620)
Did you get the same options?(Check previous post)
Car_man
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Car_man
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Car_man
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My wife loves driving the SRX. It's like years ahead of my old 05' Buick Terraza.
I will stop by that section, and post info. on my dealer.
Thanks,
NHman
Car_man
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When negotiating your lease on the SRX that you are interested in, make sure to take advantage of the $1,450 cash incentive that General Motors is providing on leases of it through GMAC. This cash will help you to negotiate an attractive capitalized cost for your lease.
Car_man
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Could you please provide me with the money factor and residual on an 08 SRX loaded based on 27 and 39 month leases? I have leased my Escalade ESV with a 15000 mileage allowance, but need about 17,500 miles per year. Why does cadillac do 27 and 39 month leases and BMW and mercedes do 24 and 36 month leases? Thank you for your consideration.
Aureachase
15,000 miles per year is the highest mileage allowance that GMAC publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the scheduled end of your lease and have to pay an excess mileage penalty.
When negotiating your lease, make sure to take the $1,450 lease cash that General Motors is currently providing on this model into account.
Car_man
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Down payment, monthly amount, Negotiated price?
me with a "good" price for a lease on this. I would be looking for 15K miles a year for 36 or 39 months..whatever is better....no money down...except for taxes and fees. I live in NJ..tax is 7%. Thanks!
39 mo. lease, 15K miles a year. Luxury Premium Collection, AWD, utility package, 18 inch wheel package.
$622.38 a month
due at signing
622.38-first months payment
$125 doc. fee
$7.50 tire fee
$180 luxury tax (required in NJ on cars over $45k?)
total: 934.50
Thoughts?
Car_man
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Car_man
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Car_man
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On leasing a new SRX can I start with Invoice subtract both of these incentives and tack on $500 for dealer profit and consider this a fair deal? Please Car_man or anyone with knowledge on the SRX pricing/leasing please help me to come up with an offer that most dealers would accept.
Thanks.
approximates:
MSRP 51,000
Selling 47,000
Something like $4000 worth of GM incentives
term 24 months
mileage 10,000 miles per year
downpayment + first month's payment $5024
monthly payments $473 at 23 months
residual approx 66%
payments included tax, title, license and dealer fees
most discounts came with GM's cash to dealer, the good-better-best program; the more options on your SRX, the greater the discount. Ultimately it came to something like $3000 under invoice. Must be because it was end of month, the SUV market being bad, and GM offer major incentives to move the SUV stocks.
I had a GM supplier number ready to go, but the above offer was better than GM supplier + all discounts. Didn't use the GM supplier discount.
Location: Renton, Washington
Car_man
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MSRP: $46,400
Term: 24 Months
Milage: 10,000/yr
23 Monthly payments @ $279
Total Cash Due at signing: $5,563 (which included $2,995 cap cost red, TTL, bank charge,and misc BS)
Less $2,000 GM Card points left me with the super fine, bottom line, out the door deal of:
$3,563 cash due at signing and $279/mo
Car_man
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As far as what sort of selling price to shoot for goes, if I was personally in the market for a new SRX right now I would shoot for a couple hundred dollars over dealer invoice minus any available cash incentives.
Car_man
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Car_man
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Its current special lease rate for the 2010 SRX is 4.8% for either 36 or 39 months. It is not providing lease support on the '09 model.
Car_man
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thanks
bigliljen
General Motors is not currently providing any cash incentives on leases of the 2010 Cadillac SRX.
Car_man
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