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Cadillac CTS Lease Questions

945 messages,  Last post on May 12, 2013 at 10:58 AM

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What is this discussion about? Cadillac CTS, Cadillac CTS-V, Car Leasing, Sedan

    

Messages Page 13 of 95

#118 of 945 2007 Cadillac CTS lease in Austin, TX by jeeppirate1

Apr 28, 2007 (1:18 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 945 Re: 2007 CTS Bose - Marketing Support [selorch] by Car_man HOST

May 01, 2007 (2:17 am)

Replying to: selorch (Apr 12, 2007 1:25 pm)
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.
 
Car_man
Host
Prices Paid Forum

#120 of 945 Re: CTS Lease [caddiguy] by Car_man HOST

May 01, 2007 (2:35 am)

Replying to: caddiguy (Apr 25, 2007 1:39 pm)
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.
 
Car_man
Host
Prices Paid Forum

#121 of 945 Re: 2007 Cadillac CTS lease in Austin, TX [jeeppirate1] by Car_man HOST

May 01, 2007 (2:38 am)

Replying to: jeeppirate1 (Apr 28, 2007 1:18 pm)
Hi jeeppirate1. I don't personally keep tabs on GM's SmartBuy program, but I can at least give you my opinion on this car's selling price. This is a very important number to know when leasing or entering into a balloon note (which the SmartBuy program is). Let me know what the selling price is and I will be happy to let you know what I think.
 
Car_man
Host
Prices Paid Forum

#122 of 945 Re: 2007 CTS Bose - Marketing Support [selorch] by srqcaddy

May 02, 2007 (7:33 am)

Replying to: selorch (Apr 12, 2007 1:25 pm)
The dealer here in Sarasota, FL said that the $1500 is not compatible on the Bose Edition because of the $2200 discount that is already on the package. He did tell me that I would get the $2200 lease cash PLUS the $1500 marketing support on any other CTS without the Bose Package. My inquiry was for a GMS employee lease, not sure if that makes any difference on obtaining the additional $1500.

#123 of 945 2007 CTS 3.6L Bose Ed. questions by srqcaddy

May 02, 2007 (7:59 am)

Carman, can you confirm 24mo/12k residual at 61% and 24mo/15k at 59% for the above car?
 
Also, anyone know if $34630 (CTS 3.6L Bose Ed. w/auto) is used as MSRP for lease or do they add the $2200 worth of "free" options ($1000 Stereo and $1200 sunroof) back to make the MSRP $36830?
 
 

#124 of 945 2007 CTS 2.8L by golfman2

May 02, 2007 (6:58 pm)

Replying to: srqcaddy (May 02, 2007 7:59 am)
I am interested to know the residual and money factor for the 2.8L CTS for a 24 month lease at 10K per year.
 
A local dealer has a 2.8L with automatic for $169 per month with $1995 down plus $695 bank fee plus $169 first payment plus tax (which I estimate to be about $900) plus DMV fees (around $200). Total out-of pocket is around $3950. Normally, I think paying anything down is crazy for so many reasons, but I have $2000 in GM card points and a $1000 loyalty coupon from GM (to resolve a prior complaint I had). So my total out of pocket (including 1st month) would be $950 and I would have sweet monthly payments of $169. I assume this is a great deal, but I still am curious to know the residual and money factor.

#125 of 945 Re: Current GMAC lease terms [Car_man] by saluga

May 25, 2007 (6:51 pm)

Replying to: Car_man (Apr 10, 2007 3:38 am)
I'm working with a dealer on a fully loaded 2007 CTS ... per the last e-mail, MSRP is 38,975 and "my price" would be $36,414 ... CTS 3.6L Bose edition with navigation system. Can I get any lower ? I'm new to leasing so not sure what to expect re monthly payment - we have't gotten to that part of the process yet .. he was suggesting 39 mo lease, and I'm thinking of the 12K mile option -- any thoughts ? I'm meeting him tomorrow a.m. - thanks

#126 of 945 Re: 2007 CTS 2.8L [golfman2] by dumb_blonde

May 31, 2007 (12:43 pm)

Replying to: golfman2 (May 02, 2007 6:58 pm)
What state is the person who negotiated a lease for $169/mo in? Gosh, I just tried to negotiate a lease and the best that I got was $378/mo plus tax with $6500 down plus another $1100 and DMV fees. That was for a 2.8L automatic that "stickered" at $34,000. Of course, I didn't make the "deal".
 
I am really annoyed with the dealer and with GM because they "advertised" a lease rate of $199/mo. with $3895 down plus DMV fees. The dealer told me that applied to "manual" only not an automatic. There was an additional charge for custom paint which increased the lease rate up to $378.00. How did they justify the total of almost $8000 up front vs the advertised rate? They didn't.
 
I think that a total of $5000 up front and $250 monthly payments for an automatic would be more than adequate. This is based upon a 39 month lease - 10K per year. (I don't like the up front money either..but I have been quoted as high as $11,000 up front in order to keep the payments lower).

#127 of 945 leasing by bohle1

Jun 03, 2007 (4:39 pm)

shop credit unions before gm- navy federal , for example
has very little cash out of pocket
 
 leasing and better residuals
 
the cts pricing is all over the lot and dosen't correspond to gm's ad-the quote's i've gotten in annapolis edge toward 5,000 down and a 585 p/mnth-thats the cts,bose with roof auto ,6t disc and pearl
my 07 lacks some refinements front hand grips, heated and cooled seats-and should be able to run on unleaded, but mid grade gets better milage-should have fuel filler inside opener and holder for cap-looks as if 08 lacks the same-sport package has 2 versions of wing small and full-depends on dealership

Messages Page 13 of 95

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