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Cadillac CTS, Cadillac CTS-V, Car Leasing, Sedan
#111 of 976 Re: Current GMAC lease terms [joem11]
Apr 10, 2007 (2:38 am)
Greetings joem11. Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 39 month lease of a 2007 Cadillac CTS 2.8L or 3.6L with 15,000 miles per year are 3.95% and 50%, respectively. If I was in the market for this car right now, I personally would shoot for a price of $500 over invoice minus the lease cash that is available on it, putting your capitalized cost well under invoice.
Prices Paid Forum
#112 of 976 Re: Current GMAC lease terms [Car_man]
Apr 10, 2007 (9:18 am)
Here's a little advice - WAIT FOR THE 2008 CTS. Trust me, please. The '08 is going to blow doors on the '07 and you're going to be left feeling bad for the entire lease of your '07 CTS. Don't panic.
#113 of 976 2007 CTS Bose - Marketing Support
Apr 12, 2007 (12:25 pm)
There is currently $1,500 of marketing support on the CTS Bose. Is it possible to use this money to reduce the $2,999 down payment for the $299/mo lease?
#114 of 976 NO BOSE WITH STABILITRAK ??
Apr 13, 2007 (11:01 am)
YEH- but isn't GM known for letting 1st year buyers do their Beta testing of new model's defects ???? I'm trying to do the Bose ED 39 mo.lease special- $2200 GM support !-- but dealer tells me I can't get 1 with must-have Stabilitrak (17" or 18" wheel pkg) without a lot of other options, including NAV (I have a $300 portable GPS that does that!!!)-- can anyone find/have what I need ??? BOB in TAMPA
Apr 25, 2007 (12:39 pm)
Hi- I just left the Caddi store in VA with a lease offer:
2007 CTS Bose Edition
DOWN: tax, title, first month payment
MILES: 15K/Yr. , 39 Months
PAYMENT: $463(no tax in payment in VA)
CAP COST : $2200 lease incentive and $1205 discount =$3405
We started at a $500 payment and got to $463
Sound good to anyone??
#116 of 976 Re: CTS Lease [caddiguy]
Apr 25, 2007 (7:43 pm)
No. Just my opinion, but you should be able to buy/lease a CTS for invoice anywhere in the country. You're probably leaving at least $800 on the table. If you can wait about four months, you'll save even more when the 2008's start to roll into showrooms. I figure the fire sale will start in late June (end of month, end of quarter, almost end of model year and end of production run).
Whatever you do, don't buy one--the depreciation will kill you.
#118 of 976 2007 Cadillac CTS lease in Austin, TX
Apr 28, 2007 (12:18 pm)
Hello. I was interested in this deal for my mom who likes the deal on this car. Can you advise if it's a decent deal. She is in her 60's and doesn't drive alot except to work and friends.
2007 Cadillac CTS
$249 per month/$249 down plus TTL
MSRP $32,600; 39 month Smart Buy; $2900 down payment assistance on 2.8 liter from GMAC, WAC. Final Payment of $17,930; 10K miles per year.
I talked to a sales person and if I understood him correctly he said that we would need a little less than $2,000 down for TTL which does include the $249 down.
Thank you in advance.
#119 of 976 Re: 2007 CTS Bose - Marketing Support [selorch]
May 01, 2007 (1:17 am)
Hi selorch. I do not believe that General Motors' normal dealer cash incentives are compatible with GMAC's special lease program. Having said this, GM is providing a special $2,200 cash incentive on GMAC leases of CTS 3.6L Bose Edition models that can be used to help you negotiate an attractive capitalized cost for your lease. I'm sure that GM's advertised lease payment for the '07 CTS already takes this cash into account, but like most manufacturers' advertised lease payments there is probably still a little meat on the bone so to speak. Consumers who shop around are usually able to beat the selling prices that official advertised lease payments are based upon.
Prices Paid Forum
May 01, 2007 (1:35 am)
Hello caddiguy. The car that you described has a spread of around $2,700 between its full MSRP and its dealer invoice price. If I was in the market for one, I personally would want more than a $1,200 dealer discount on it. It wouldn't hurt to shop around with another couple of dealers to see if you can beat the price that you have been quoted. You've got nothing to lose by looking around. Make sure to stop by the following discussion to see how much other community members have paid for similar cars lately: "Cadillac CTS: Prices Paid & Buying Experience". Also, when negotiating your lease on this car, make sure that the dealer you are working with uses GMAC's current base lease rate of 3.95% to calculate your monthly payment.
Prices Paid Forum