Kind of an odd question, what is "The Money Factor"? I can tell you that the residuals are not good on these, despite the fact that they do seem to hold up quite well with time. That's why you can pick up a 2004 model that stickered at $52k for $20k today. If you lease, why does it matter?
My incentive sheet says- no conquest.
If you have a current cadillac or GM lease then they will waive up to 4 remaining payments towards old lease. Plus $1000 towards cap cost reduction.
2008 SRX V8 24 mo. 15k miles is 63% (the V6 is 62%)
I show a $950 cap cost reduction incentive also.
So would be 63% resid. for 24 mo 15k/yr with $950 CCR if you drive something besides a GM vehicle. If you do then another $1000 plus up to 4 payments waived off old lease until end of July.
When your lease is up, what do you have to show for it?
I let someone else swallow $32k of depreciation by buying used, when I'm done with my SRX, at least I will get SOMETHING back. Plus, nobody tells me what I can/can't do with my car, because it is MINE.
I like these lease questions, I've alway purchased my cars. So now I'm interested in a caddy and want someting alittle more "upscale". Oh I may be "Ignorant" in these lease talks. But, I have to start somewhere. Thanks to those who contribute their thoughts and a constructive manner.:thumbsup: