2015 Cadillac SRX Lease Questions

kyfdx

phillydilly said:

just got the following offer:
MSRP 49765
vehicle price 46880 <- this is with GM supplier
aq fee 595
cash down 750
rebate 2965
adj cap 43760
resid 68%
MF .00044
6% tax

monthly 474.35 $940 due at sign
24 month 12k miles per

there are a couple things in the sheet they gave me i'm not completely clear on, but oeverall this seems like a legit deal. any thoughts?</p>

We don't have the Cadillac numbers this month to verify.. But, that's a great price on a 24 month lease

phillydilly

Got the dealer to come down a few bucks to 465 monthly 970 due.
Going to take the deal. I suppose I might be able to get a few bucks more, but I think its a very good deal for a 24 month lease.

tbryson

I am not sure I am in the right place to ask this so sorry if I am wrong.

I am new to the lease game and I received 4 quotes starting at 800 to 680. I got the dealer down to 633 and some change.

Here are the terms.
24 month lease 18k miles - no money down at signing but first month payment

Details of car

2015 SRX luxury collection
MSRP 47985
Invoice PRice 46045
Rebate 1465

FInal price 44080

residual - 30950
mf .00044

698.89/month
neg to 639/month

good deal or walk away I am in VA

Michaell

tbryson said:

I am not sure I am in the right place to ask this so sorry if I am wrong.

I am new to the lease game and I received 4 quotes starting at 800 to 680. I got the dealer down to 633 and some change.

Here are the terms.
24 month lease 18k miles - no money down at signing but first month payment

Details of car

2015 SRX luxury collection
MSRP 47985
Invoice PRice 46045
Rebate 1465

FInal price 44080

residual - 30950
mf .00044

698.89/month
neg to 639/month

good deal or walk away I am in VA

I'm sorry, we don't have any Cadillac lease numbers for August.

asd302

Do you have any Cadillac SRX numbers for August yet? Looking for 24 and 36 15k/yr.

Michaell

asd302 said:

Do you have any Cadillac SRX numbers for August yet? Looking for 24 and 36 15k/yr.

We never did get any numbers for Cadillac this month; perhaps in September ...

pblx5

Do you have any September numbers? Specifically, Luxury collection 36/12, 36/10, 24/12 and 24/10. Thanks!

kyfdx

pblx5 said:

Do you have any September numbers? Specifically, Luxury collection 36/12, 36/10, 24/12 and 24/10. Thanks!

Sorry.. no Cadillac numbers yet.

clubmanager1

Being told no rebates available to be used towards leasing 2015 SRX currently, is that right? Telling me the current 3K rebate only available towards purchases, not leases. Using Supplier, MF .00044, don't recall residuals so don't want to put wrong but I am looking at 24/12 and 27/12

Any help appreciated, buying tomorrow.

kyfdx

clubmanager1 said:

Being told no rebates available to be used towards leasing 2015 SRX currently, is that right? Telling me the current 3K rebate only available towards purchases, not leases. Using Supplier, MF .00044, don't recall residuals so don't want to put wrong but I am looking at 24/12 and 27/12

Any help appreciated, buying tomorrow.

Sorry, but we don't have any current Cadillac lease information.

buddyar

Do you have any numbers on Cadillac SRX 15 , Performance Edition, 24 mo. 10,000 miles per year? Salesman said Costco Pricing, and $700.00 Costco card. Plus 3000 rebate. Anyone know money factor and residual?

kyfdx

buddyar said:

Do you have any numbers on Cadillac SRX 15 , Performance Edition, 24 mo. 10,000 miles per year? Salesman said Costco Pricing, and $700.00 Costco card. Plus 3000 rebate. Anyone know money factor and residual?

Sorry, but we didn't get any Cadillac information, this month.

ilovesprint

Can anyone give me their opinion on this Cadillac SRX Lease - Luxury Edition

24 months, 12,000 miles per year

MSRP 46,135
disc 3,135
selling price 43,000

doc 168.43
acq fee 595
tax 1055.33
total cap 44,818
money down $1,000
rebate 1,465
net cap 42,353.76

payment 498
mf .00054
residual 68%

LUXURY COLLECTION PREFERRED EQUIPMENT GROUP Includes Standard Equipment (1SB)
WOOD TRIM includes Raven Sapele wood on door and center stack. Includes (34G) Wood Trim. (Requires (AFD) or (AFE) interior trim.) (2HM)
WOOD TRIM includes Raven Sapele wood on steering wheel (heated) and shift knob (Included in (2HM) Wood Trim. Requires (AFD) or (AFE) interior trim.) (34G)
LIGHT TITANIUM W/EBONY ACCENTS, LEATHER SEATING SURFACES (AFD)
SEATS, FRONT BUCKET includes 8-way power driver seat adjuster (STD) (AR9)
EMISSIONS, FEDERAL REQUIREMENTS (FE9)
BLACK RAVEN (GBA)
ENGINE, 3.6L SIDI DOHC V6 VVT (308 hp [229.7 kW] @ 6800 rpm, 265 lb-ft of torque [357.8 N-m] @ 2400 rpm) (STD) (LFX)
TRANSMISSION, 6-SPEED AUTOMATIC, FWD, 6T70 with tap-up/tap-down (on shifter), performance shifting and manual-up/manual-down (STD) (M7W)
DRIVER AWARENESS PACKAGE includes (UEU) Forward Collision Alert, (UFL) Lane Departure Warning, Safety Alert Seat and (TQ5) IntelliBeam headlamps (PCW)
AUDIO SYSTEM, AM/FM STEREO, SINGLE DISC CD PLAYER USB port and auxiliary jack (Includes (UQA) Bose premium 8-speaker system) (STD) (RAO)
WHEELS, 18" X 8" (45.7 CM X 20.3 CM) BRIGHT MACHINED FINISH ALUMINUM (STD) (Upgradeable to (Q6X) 18" chrome wheels with bright finish. Deleted when any 20" LPO wheels are ordered.) (RV1)
HEADLAMPS, INTELLIBEAM (Included and only available in (PCW) Driver Awareness Package.) (TQ5)
FORWARD COLLISION ALERT (Included and only available in (PCW) Driver Awareness Package.) (UEU)
LANE DEPARTURE WARNING (Included and only available in (PCW) Driver Awareness Package.) (UFL)
AUDIO SYSTEM FEATURE, BOSE CENTERPOINT SURROUND SOUND PREMIUM 10-SPEAKER SYSTEM (Included and only available with (UY4) Navigation system.) (UQS)
NAVIGATION SYSTEM (Includes (UVC) Rear Vision Camera and (UQS) Bose Centerpoint Surround Sound premium 10-speaker system) (UY4)
LPO, ALL-WEATHER FLOOR MATS (Included with (PCN) Summer/Winter Mat Package, LPO.) (VAV)
LICENSE PLATE BRACKET, FRONT (Included for required states. No charge option.) (VK3)

Michaell

ilovesprint said:

Can anyone give me their opinion on this Cadillac SRX Lease - Luxury Edition

24 months, 12,000 miles per year

MSRP 46,135
disc 3,135
selling price 43,000

doc 168.43
acq fee 595
tax 1055.33
total cap 44,818
money down $1,000
rebate 1,465
net cap 42,353.76

payment 498
mf .00054
residual 68%

LUXURY COLLECTION PREFERRED EQUIPMENT GROUP Includes Standard Equipment (1SB)
WOOD TRIM includes Raven Sapele wood on door and center stack. Includes (34G) Wood Trim. (Requires (AFD) or (AFE) interior trim.) (2HM)
WOOD TRIM includes Raven Sapele wood on steering wheel (heated) and shift knob (Included in (2HM) Wood Trim. Requires (AFD) or (AFE) interior trim.) (34G)
LIGHT TITANIUM W/EBONY ACCENTS, LEATHER SEATING SURFACES (AFD)
SEATS, FRONT BUCKET includes 8-way power driver seat adjuster (STD) (AR9)
EMISSIONS, FEDERAL REQUIREMENTS (FE9)
BLACK RAVEN (GBA)
ENGINE, 3.6L SIDI DOHC V6 VVT (308 hp [229.7 kW] @ 6800 rpm, 265 lb-ft of torque [357.8 N-m] @ 2400 rpm) (STD) (LFX)
TRANSMISSION, 6-SPEED AUTOMATIC, FWD, 6T70 with tap-up/tap-down (on shifter), performance shifting and manual-up/manual-down (STD) (M7W)
DRIVER AWARENESS PACKAGE includes (UEU) Forward Collision Alert, (UFL) Lane Departure Warning, Safety Alert Seat and (TQ5) IntelliBeam headlamps (PCW)
AUDIO SYSTEM, AM/FM STEREO, SINGLE DISC CD PLAYER USB port and auxiliary jack (Includes (UQA) Bose premium 8-speaker system) (STD) (RAO)
WHEELS, 18" X 8" (45.7 CM X 20.3 CM) BRIGHT MACHINED FINISH ALUMINUM (STD) (Upgradeable to (Q6X) 18" chrome wheels with bright finish. Deleted when any 20" LPO wheels are ordered.) (RV1)
HEADLAMPS, INTELLIBEAM (Included and only available in (PCW) Driver Awareness Package.) (TQ5)
FORWARD COLLISION ALERT (Included and only available in (PCW) Driver Awareness Package.) (UEU)
LANE DEPARTURE WARNING (Included and only available in (PCW) Driver Awareness Package.) (UFL)
AUDIO SYSTEM FEATURE, BOSE CENTERPOINT SURROUND SOUND PREMIUM 10-SPEAKER SYSTEM (Included and only available with (UY4) Navigation system.) (UQS)
NAVIGATION SYSTEM (Includes (UVC) Rear Vision Camera and (UQS) Bose Centerpoint Surround Sound premium 10-speaker system) (UY4)
LPO, ALL-WEATHER FLOOR MATS (Included with (PCN) Summer/Winter Mat Package, LPO.) (VAV)
LICENSE PLATE BRACKET, FRONT (Included for required states. No charge option.) (VK3)

With those numbers, I'm within $1 of your dealer quote, so pretty spot on.

We don't have any Cadillac numbers this month, so I can't tell you if the MF is inflated or not. Seems pretty low (equivalent to 1.3% APR) so if you're comfortable with the selling price, no reason not to pull the trigger.

ilovesprint

Michaell - still looking at leasing & have questions. I have a supplier discount with GM/Caddy - What is the best way to use it? Negotiate the the price & then ask for the additional discount?

It looks as though I am being offered $3,100 off MSRP plus $1,450 lease cash by the dealer w/o telling them I have a supplier discount

When I do a build on the GM supplier site

Here is what I get:

Luxury AWD with Nav
MSRP $51,220
GM Supplier Discount $48,161
Consumer Cash $3,000
You pay $45,161

Do the dealers get the supplier rate returned to them from GM? how does that work?

BTW, I had another dealer give me a MF of .00044 instead of .00054

Thank you for the guidance

kyfdx

ilovesprint said:

Michaell - still looking at leasing & have questions. I have a supplier discount with GM/Caddy - What is the best way to use it? Negotiate the the price & then ask for the additional discount?

It looks as though I am being offered $3,100 off MSRP plus $1,450 lease cash by the dealer w/o telling them I have a supplier discount

When I do a build on the GM supplier site

Here is what I get:

Luxury AWD with Nav
MSRP $51,220
GM Supplier Discount $48,161
Consumer Cash $3,000
You pay $45,161

Do the dealers get the supplier rate returned to them from GM? how does that work?

BTW, I had another dealer give me a MF of .00044 instead of .00054

Thank you for the guidance

The supplier discount is a fixed amount for each vehicle. It's not an additional amount you can take off after negotiating your best price. Best to find a dealer that is supplier discount "friendly". The dealer is compensated a fixed amount by GM, in exchange for selling the vehicle at "cost".

adamcar

Costco has a program right now if you buy or lease most GM vehicles, you get Supplier Pricing and a $300 cash card if you are a regular member or $700 Costco cash card if you are an Executive member. Now 9 times out of 10, you can negotiate a better price than just supplier pricing. You have to make sure to get the entire breakout of selling price, aka what is the discount and what is rebates. A had a salesman tell me he can go lower than supplier pricing on a 2015 Volt and still get the cash card. There are different rebates for purchase than lease. Most of the time, lease cash is not advertised (not sure why, possible dealer huge profit?). That is why we come here to ask for the lease cash and terms!

ilovesprint

dumb question - how are taxes figured in illinois

off what Number? I see a tax rate listed of 7.776%

I have a vehicle selling price of 43,000
Doc Fee 168.43
Acq Fee 595
Tax on collected items 1,441.93

Just trying to work it backwards

Michaell

ilovesprint said:

dumb question - how are taxes figured in illinois off what Number? I see a tax rate listed of 7.776% I have a vehicle selling price of 43,000 Doc Fee 168.43 Acq Fee 595 Tax on collected items 1,441.93 Just trying to work it backwards

I believe Illinois taxes the monthly payment. However, it could be the $1400 represents the tax on the sum of the payments. 

kyfdx

ilovesprint said:

dumb question - how are taxes figured in illinois

off what Number? I see a tax rate listed of 7.776%

I have a vehicle selling price of 43,000
Doc Fee 168.43
Acq Fee 595
Tax on collected items 1,441.93

Just trying to work it backwards

Yes, Illinois has switched to taxing the monthly payment, but I believe they collect it upfront (like Ohio).

ilovesprint

Ok - new offer for a slightly different vehicle

24/12,000

2015 SRX AWD - Luxury
Drivers Awareness Package
Wheels 18 inch
Nav
Floor Mats
Tire

MSRP $49,975
Selling Price - $46,875 (only $3,100 off)
Down $1,000
Lease Cash $1,465

RV $33,983
MF .00044

Taxes & Acq fee rolled into payment $1,924

$550 per month
Due at singing $1,000 plus first payment

I wonder if this gets any better in november? 1st - 6% off the MSRP doesn't strike me as a great deal? 2nd - 2016's are already out. 3rd - they are discontinuing the SRX in 2017

thoughts from the forum?

Michaell

ilovesprint said:

Ok - new offer for a slightly different vehicle

24/12,000

2015 SRX AWD - Luxury
Drivers Awareness Package
Wheels 18 inch
Nav
Floor Mats
Tire

MSRP $49,975
Selling Price - $46,875 (only $3,100 off)
Down $1,000
Lease Cash $1,465

RV $33,983
MF .00044

Taxes & Acq fee rolled into payment $1,924

$550 per month
Due at singing $1,000 plus first payment

I wonder if this gets any better in november? 1st - 6% off the MSRP doesn't strike me as a great deal? 2nd - 2016's are already out. 3rd - they are discontinuing the SRX in 2017

thoughts from the forum?

No Cadillac numbers for us to compare against. But, using your MSRP and selling price, I get $573/mo.

1 - we don't track selling prices, so can't comment on whether 6% off is good or not
2 - if 2016's are on the lot, then you should get a bigger discount on a 2015
3 - was not aware of that - or, is it being replaced with the new "CT" nomenclature?

ilovesprint

http://www.motorauthority.com/news/1041930_2017-cadillac-xt5-revealed-in-first-official-photos

By Viknesh Vijayenthiran


Cadillac’s replacement for the SRX, the 2017 XT5, will make its auto show debut in Dubai on November 10. A local debut will then follow at the Los Angeles Auto Show just one week later. However, we already have a good look at the design thanks to a round of teaser photos released overnight.

All Cadillac will tell us right now is that the XT5 will feature “progressive technology” and an “accommodating interior.”

We also know that the XT5 will be built at General Motors Company’s [NYSE:GM] Spring Hill plant in Tennessee. And like the SRX it’s about to replace, the crossover will straddle the gap between the small and mid-size offerings of rival brands. Potential rivals include the Audi Q5, Lexus RX and Volvo XC60.

ilovesprint

Michaell... I think I have narrowed it after a lot of homework on this site, thank you

2016 Cadillac SRX Luxury
24/12,000

MSRP $49,130
Sell Price $44,705 (9.01% off MSRP)
Taxes $910.95 - rolled into payment
Acq Fee $595 - rolled into payment
Net Cap Cost $46,210.95

Residual Value 71%
MF .00044

Payment $507.71
Due at Signing TTL $389.43 + 1st payment

Does this check out?

Michaell

ilovesprint said:

Michaell... I think I have narrowed it after a lot of homework on this site, thank you

2016 Cadillac SRX Luxury
24/12,000

MSRP $49,130
Sell Price $44,705 (9.01% off MSRP)
Taxes $910.95 - rolled into payment
Acq Fee $595 - rolled into payment
Net Cap Cost $46,210.95

Residual Value 71%
MF .00044

Payment $507.71
Due at Signing TTL $389.43 + 1st payment

Does this check out?

I agree with the math ...

ilovesprint

highly recommend heritage cadillac in lombard illinois - ask for darren

ilovesprint

any cadillac figures this month Michaell?

kyfdx

ilovesprint said:

any cadillac figures this month Michaell?

Sorry... it seems we no longer get the Cadillac numbers

dolphin5

Can you please post 24/15 and 36/15 MF and Residual on an AWD SRX Luxury and Performance models for the NY Metro Area (NJ) and list lease cash and rebates,

Thanks!

kyfdx

dolphin5 said:

Can you please post 24/15 and 36/15 MF and Residual on an AWD SRX Luxury and Performance models for the NY Metro Area (NJ) and list lease cash and rebates,

Thanks!

Sorry, but we don't have the Cadillac numbers for this month.

carfan74

Is GM still leasing 2015 SRXs? Or has that window closed? If so, any numbers on SRX AWD Luxury and Performance models in NY Metro (36/12). Thank you!

Michaell

carfan74 said:

Is GM still leasing 2015 SRXs? Or has that window closed? If so, any numbers on SRX AWD Luxury and Performance models in NY Metro (36/12). Thank you!

 No Cadillac lease numbers this month.