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Cadillac CTS, Cadillac CTS-V, Car Leasing, Sedan
#121 of 945 Re: 2007 Cadillac CTS lease in Austin, TX [jeeppirate1]
by Car_man HOST
May 01, 2007 (2:38 am)
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.
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#122 of 945 Re: 2007 CTS Bose - Marketing Support [selorch]
May 02, 2007 (7:33 am)
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
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
May 02, 2007 (6:58 pm)
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]
May 25, 2007 (6:51 pm)
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]
May 31, 2007 (12:43 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).
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
#128 of 945 Re: leasing [bohle1]
Jun 03, 2007 (6:05 pm)
I was able to negotiate a 39 mo lease, $450 per month, with $1195 down -fully loaded CTS - 3.6, Bose system, sunroof, luxury package,navigation system,heated seats... hope to pick it up tomorrow!
#129 of 945 Re: 2007 CTS 2.8L [dumb_blonde]
Jun 04, 2007 (1:26 pm)
The $169 per month is from a dealer in Suffolk County, NY. The deal was not negotiated but was, and has been, in the newspaper for several weeks. I have dealt with another of this owner's dealerships in the past -- he/she owns about 12 dealership of all makes -- and they have honored their newspaper ads without any gimmicks.
I don't care what anyone says -- in your case, there is no reason why the addition of automatic trans and premium paint (MRSP of around $2000 extra for these options) should raise the monthly lease payment from $199 to $378.00 and cause the downpayment to increase by over $2500. You should run from this dealer as fast as you can.
#130 of 945 Re: 2007 CTS 3.6L Bose Ed. questions [srqcaddy]
by Car_man HOST
Jun 06, 2007 (2:41 am)
Hi srqcaddy. GMAC's current base lease rate and residual value for a 24 month lease of a 2007 Cadillac CTS with 15,000 miles per year are 3.95% and 59%, respectively. The residual value for this lease would increase by 2% if you go with only 12,000 miles per year.
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