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2013 and Earlier Cadillac SRX Lease Questions
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Let's work up a payment on this truck and see what we come up with. For now I will assume that you will be able to negotiate a $2,000 dealer discount.
According to my calculations, if you were to lease a 2011 Cadillac SRX Luxury AWD that has an MSRP of $44,000 and a selling price of $42,000 through Ally right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $563.
They payment for an otherwise identical 39 month lease would be around $545.
Car_man
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Car_man
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GMAC's current base lease rate and residual value for a 36 month lease of a '11 Cadillac SRX Luxury AWD with 15,000 miles per year are 1.6% and 53%, respectively.
The numbers for an otherwise identical 39 month lease are 1.6% and 51%.
Car_man
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I believe that Ally's 12,000 mile per year residual values are 2% higher than its 15,000 mile per year resids.
Car_man
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According to the dealer (2nd visit) the cost of the car is 41,445. They are not willing to go any lower than what quoted earlier.
2011 SRX AWD Luxury Package + Navigation
27 month lease
10K
$3400 - according to them it is just the taxes(8.875% for NY), first payment, security deposit, inception fees, lic, reg, etc...
$499/month
I am looking at a 2011 FWD SRX Luxury model. The dealerships did quote me the 53% residual as your posting did.
Thanks!
I am looking for a 39month lease with 10k miles a year.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Ally's October base lease rate and residual value for a 39 month lease of a 2011 Cadillac SRX Luxury AWD with 10,000 miles per year are 1.6% and 54%, respectively.
Car_man
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I asked another question in this forum:
http://townhall-talk.edmunds.com/WebX/.f1ea1be/27
If possible can you help me out there also.
Thanks again.
Thanks.
MSRP=43325, Selling price=$40639, 36mo/10k, $2500 due at signing, $589/mo payment including tax.
What kind of numbers should I be looking for??
Thanks
also informed general mgr. to use us bank because their rates may be better.
he turned his computer to me and showed me allys rates..i seen with my own eyes.. 1.6 w/ 66% resid.....ok..now..this is deal he gave me..im not good with this so can someone let me know how good this is......
2011 srx lux pkg.fwd. black ice (which im being told is extra)
27 months...2500 down to cover tax, tags..etc... no down payment.
519 a month.
car is 39,150
selling price is 38,000.
i know this is pretty similar to cadillac offer now. advertised offer is 24 month with 2700 + tax tags etc... 10 k a year
is this a good deal?
what should payments be if i go to 36 months? does rate get affected and im assuming resid. changes a bit/.
thanks to all who help!!!!!
Car_man
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I am in the home stretch on the lease of a 36 month 15K FWD Luxury SRX. You helped me call the bluff of a dealer when he was trying to get me to pay 2.6% int. rate when it was actually 1.6%. Thanks! He backed down until I asked him to waive the $600 security deposit. He then told me it was GMAC/Ally policy to charge it... no exceptions. Then he told me he could waive it but my interest rate would go from 1.6% to 2.1%.
My question is... Does Ally waive security deposits for people with credit rating 775+ who is a returning customer who has never missed or been late with a payment? I had a Chevy dealer tell me the security deposit was out of his control, as well, now that GM and Ally are not related (I was also looking at an LTZ Traverse). Can they wave it or not? Has anybody else heard this? My drive off is currently $1730 w/ the deposit. I would love to drive off at $1130. Any cash back offers from Cadillac through the end of the month. Traverse was offering $1300 back.
As always... Thanks.
I don't understand money factors and formulas for leases, but could anyone please help me to see what would be a good deal for this lease in terms of money out of the door + monthly payment?
Is $1,000 - $1,500 OTD and $400 - $430 / month (tax included) a realistic goal for this lease?
BTW NJ tax is 7%.
Thank You!
Can you please let me know which dealer you are using aswell as the detail info on the deal? I love in queens and have been dealer shopping for months never receiving a quote that low. Please provide additional info for a fellow srx buyer. I do not know what odt stands for nor refund sec and first?
Thanks kindly!!!
AWD Lux/nav 24 months tax in payment 10,000 per year
1400 total when picking up the car
Freeport NY ask for Mike
includes 1st payment
refund security
bank fee
I APPRECIATE ALL THE INFO YOU BOTH HAVE GIVEN ME. I HAVE CALLED BOTH DEALERS AND THEY ARE OF COURSE TELLING ME THERE IS SOMETHING FISHY WITH THAT DEAL. THEY SAY IT MUST BE FWD AND ONSTAR NAV, NOT POP UP SCREEN, BLAH BLAH BLAH....WHEN DID YOU GET THIS QUOTE ?? DID YOU ACTUALLY LEASE THE VEHICLE? PLEASE PROVIDE MORE INFO....I REALLY WOULD LIKE TO LEASE THIS CROSSOVER BUT NOT WITH 3K OTD LIKE THEY ARE QUOTING ME NOR 530/MONTH!! HELP
You can try Farmingdale dealer 516-293-5000
They also the same price.
Thanks - i called and once again nothing comes close to 430 or 460 a month with 1400 otd for 10k miles on an AWD LUXURY W NAVIGATION. I don't know who to believe.
CARMAN, - - PLEASE OFFER YOUR INSITE TO THIS MATTER - I WILL BE THROWING IN THE TOWEL SOON.
The reidual for 24 months was 70 and for 27 months 66 if that helps you.
Stay away from the Cadillac dealership in Walnut Creek, CA (Northern CA). I had a deal in place (offer, consideration, acceptance) w/ the finance manager only for the sales manager to yank it off the table when I went to sign. He found a mistake that would have cost him $300 and instead of honoring the deal- He pulled it saying, "nothing was ever signed." He (sales manager) was rude, condescending and had no sense of professionalism. I hate to speak ill of others, but with business practices that lack ethics, consumers need to know for their own protection.
Here is the deal I got from another local dealership in my area...
Lease: 2011 FWD Luxury SRX w/ Navigation
Gray Flannel
15,000 Mile / 39 Months
1.6 Rate
51% Residual
MSRP: $ 41,530
I Paid: $ 38,414
$559 Month
$1500 Drive Off (First Month, Security Deposit, Reg, Tax/License)
I wanted a 36 month deal, but 39 months got me my affordable monthly payment. I lease cars for my wife and I every 3 years and always conduct my research here. Thank you to all who post... but a big thanks to CARMAN! Your insights are always appreciated!
My Caddy lease is up in March 11', and would like to know if the program is still available for a possible Dec. return. Thanks.
Enjoy your new ride!
Car_man
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Car_man
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2011 SRX AWD Blk Ice/ Ebony Lux w/ Nav.
$434.00 per month 24 months 12k
895 bank 450 refund sec 434 first payment 220 plates Total $1999.00 T.O.P.
would you be so kind and help a man out. I am from the NY area and have been looking to get the 2011 SRX Lux for a couple of months now. Can you provide me with the dealer name and the salesman you made this deal with?
This is the best price I have seen so far for this vehicle and would love to go the route you did.
Thanks so much
The dealer was in Freeport.
You call Cadillac marketing and they can send you a certificate if you owned a GM vehichle before. It can be combined we did not know of this until after so we could not get one but saw other people using them.
2011 SRX FWD w/ Luxury Package
Silver
Only option is $135 floor mats
2011's come with Free maintenance program.
Sticker: $39,164
Selling price: $37,213 which included $1500 supplier discount coupon from GM
Lease Payment: $513 with tax / mo for 39 mos, 12,000 miles per year
Due at signing: $622 which included 1st payment.
Located in the Midwest. Tax is 6%.
Happy with the SRX
2011 SRX FWD Luxury
In New York
Price 39,135
Selling it to me for 37,000
3635 down includes 1st payment, taxes...
$499/ month - 39 months, 10,000 miles
Payments are $513 a month which includes all taxes which are 6% in Michigan. I put $626 down, which included the first month payment and tax. I also get 12,000 miles per year. The deal was offered on the 28th of the month and I signed on the 30th, being the end of October. I think you can do much better.