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2013 and Earlier Cadillac SRX Lease Questions
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I am looking at doing a 39 month lease on a 2010 luxury edition with nav. MSRP is $43,790. Few questions for you.
1. THey say no incentives for me. I am currently in an SRX lease. Is there a $600 rebate?
2. THey are quoting me .0018 money factor from us bank. This is 4.32%. Is this correct?
3. Residual is 52% with the lower 10k miles/yr. on a 39 month lease...
4. I got the supplier price of about $2k off from my company. Out the door is $4000 out pocket nad $600k/month. THis seems like a lot down and a lot per month.. thoughts??
you have the best deal i've seen yet. i wouldve taken it and ran. the only thing is they will only let you redeem $1,000 in GM points at a time, so $300 of your earnings will not be credited to that price. figure your out of pocket to be $3,500 instead of $3,200. the best deal i could find was : 2010 awd, luxury with nav, and rear entertainment for 39 mo. , 12k, $ 599.00 mo. w/ 2k upfront. and believe me, i played every dealer against each other.your deal is sweet. who did you go to?
I have a buy price of $37,800 for a 2010 SRX with a MRSP of $40,230.
What should my lease payments be for a 36 or 39 month lease for 12,000 or 15,000 miles per year. thanks
Its current base lease rate and residual value for a 36 month lease of a 2010 Cadillac SRX FWD Performance with 12,000 miles per year are 3.55% and 50%, respectively. The numbers for an otherwise identical 48 month lease are 4.2% and 40%.
Yes, the $600 cash incentive on leases through GMAC really does exist.
Car_man
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GMAC's December base lease rate for a 39 month lease of a 2010 Cadillac SRX is 3.55%. That is equivalent to a money factor of around .00148. GMAC just raised its residual values for the 2010 SRX, but I can't tell you what the exact resid should be for the model that you're interested in without a detailed description of it.
I definitely would not pay $4,000 at lease signing on this truck if I was in your shoes. The less you can get away with paying at signing, the better. Consumers who plunk a lot of money down on leased vehicles are at risk of losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. You can and should go with a zero down lease on this truck. Don't pay any cap cost reduction on it, just your first month's payment, security deposit, and acquisition fee.
Car_man
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The payment for a 36-month, 12,000 mile per year lease drops to around $556.
The payment for a 39-month, 15k lease would be around $559. The 39-month, 12k payment would be around $540.
Car_man
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bigliljen
Opted for the 2010 RX350 AWD with Premium/COmfort/NAV.. See my entry on Lexus forum. $47k car (about the same as the SRX I was looking at).. $2000 down vs. $4000 and same $600 payment.
I wanted to buy Cadillac but was not willing to pay an extra $2000. Now I know why GM is coming out of bankcruptcy.
as far as i know, you can't use more than 1,000 gm points on any givin deal. it was not like that before, but when i went shopping for a new gm this week, that was what i was told from everyone i dealt with. maybe different from state to state though.
Hope this helps,
bigliljen
I have the original GM credit card and have more than $2000 saved up. As far as I know I can still use all of that and I plan to in a few months. If not It will bring a Lexus more into the mix.
Talk to George.
I also visited Atlantic in Bay Shore. They are thieves. Advertise specials on cars not even in stock and then won't honor it.
I f you have the Flexible earnings card or any of the newer cards you are limited.
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.
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.
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!
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
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?
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
What are new residual figures?
Thank you.
Thanks.
In addition to the $1,000 conquest cash that you mentioned, there is a $600 cash incentive on GMAC leases.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
General Motors is currently providing a $300 cash incentive on leases of the SRX through GMAC.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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
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?
- Residual Value?
- Money Factor?
Going to do the deal today....
Thank you
$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
General Motors is providing only a $300 cash incentive on leases of this model through GMAC.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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
THATS DIFF OF 774 BUCKS PLUS 15K MILES I THINK I COULD HAVE GOT MORE MILES OUT OF THEM BUT MY TRUCK WAS SHOT
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!