- #141 of 372
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What Happens to you when your credit is damaged?
by 6ftladycop
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Jun 21, 2007 (6:04 pm)
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If you have excellent credit during the initial lease of a vehicle and during your lease agreement you continue to pay your notes on time, but you have some other credit problems along the way, what happens at the end of the lease agreement? Since you will probably still need a car at the end of the agreement, what will the dealerships safely allow you to do in a bad credit situation? 
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- #142 of 372
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Re: 2007 CTS 2.8L [golfman2]
by ysauto
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Jul 09, 2007 (7:38 am)
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Replying to: golfman2 (Jun 04, 2007 12:26 pm)
Is there a way to det the name of the dealer??
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- #143 of 372
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2007 CTS Lease Info Request
by bcj0915
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Jul 10, 2007 (6:14 am)
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looking to see if you can tell me the following:
-money factor
-RV on 12K/ year - 3 year lease
-RV on 12K/ year - 4 year lease
CTS Luxury Bose Edition - MSRP around $37K
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- #144 of 372
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Re: Help Help on 2007 CTS Lease [kushner]
by Car_man HOST
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Jul 13, 2007 (1:58 am)
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Replying to: kushner (Jun 12, 2007 3:21 pm)
Hi kushner. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. The dealer invoice price of a 2007 Cadillac CTS Bose Edition with the Luxury Package is $34,138. For now, let's assume that you are able to get this car for $500 over dealer invoice. $34,138 + $500 - the $1,700 lease cash that is available on this model right now - $1,000 conquest cash = a capitalized cost of around $31,938. Using this cap cost and an MSRP of $36,830, I estimate that the 24 month, 12,000 mile per year, zero down, pre-tax monthly payment for this car should be around $485. The 24 month, 10k payment would be around $455. The 36 month, 12k payment would be around $420. Lastly, the 36 month, 10k payment would be around $401.
Car_man
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Prices Paid Forum
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- #145 of 372
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Re: Cadillac CTS: Lease Questions [gershon]
by Car_man HOST
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Jul 13, 2007 (2:02 am)
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Replying to: gershon (Jun 13, 2007 7:35 am)
Hi gershon. That certainly is a low monthly payment. I suspect that it is lower than what you would have to pay to lease a similar brand new CTS right now, but it wouldn't hurt to see exactly how much less it is before pulling the trigger. I'd be happy to work up a sample payment on a 27 month lease of a brand new CTS if you provide me with its MSRP and approximate selling price.
Car_man
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Prices Paid Forum
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- #146 of 372
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Re: Lease cash or plain discount? [tputman]
by Car_man HOST
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Jul 13, 2007 (2:10 am)
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Replying to: tputman (Jun 13, 2007 12:59 pm)
Hi tputman. I haven't looked at the sticker for a Cadillac CTS in a while, but the lease cash that is available on the CTS Bose Edition (which is now $1,700) is available on top of any option package discount.
Car_man
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Prices Paid Forum
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- #147 of 372
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Re: leasing [cts2007bose]
by Car_man HOST
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Jul 13, 2007 (2:13 am)
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Replying to: cts2007bose (Jun 19, 2007 6:37 am)
Congratulations on getting your new CTS, cts2007bose. I would be happy to give you my opinion of this deal, but it would much easier for me to do so if you were able to provide me with its full MSRP and selling price first. These numbers will show me how much of a discount you are being given and they will enable me to use GM's current lease program to estimate what your monthly payment should be. Let me know and I'll tell you what I think.
Car_man
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Prices Paid Forum
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- #148 of 372
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Re: Lease Deal [jgreenberg]
by Car_man HOST
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Jul 13, 2007 (2:22 am)
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Replying to: jgreenberg (Jun 21, 2007 12:21 pm)
Hi jgreenberg. There is probably a spread of around $3,500 or so between the full MSRP and dealer invoice price of the car that you described. Plus General Motors is providing $1,700 lease cash and $1,000 conquest cash on it. That gives you a total of just over $6,000 to play with. It appears as though you are being given all of the cash incentives plus a dealer discount of $2,400. If this is correct, it would put you at a little over $1,000 over dealer invoice. That price isn't bad, but you may be able to shave another couple hundred dollars off if you are in an area that has a decent level of competition and you shop 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".
Once you arrive at a selling price that you are comfortable with, have the dealer that gives it to you calculate your car's lease payment using GMAC's current base lease rate of 3.95%.
Car_man
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Prices Paid Forum
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- #149 of 372
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Re: What is a BuyOut? [6ftladycop]
by Car_man HOST
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Jul 13, 2007 (2:28 am)
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Replying to: 6ftladycop (Jun 21, 2007 5:59 pm)
Hi 6ftladycop. A buy out essentially is the price that you would have to pay to purchase your leased vehicle. Usually it is refers to the lend-of-term purchase price for your leased vehicle, or how much it would cost you to purchase your car at the end of your lease. You can look up the definition of any leasing terms that you are not familiar with in the following article: Leasing Glossary.
Car_man
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Prices Paid Forum
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- #150 of 372
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Re: 2007 CTS Lease Info Request [bcj0915]
by Car_man HOST
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Jul 13, 2007 (2:32 am)
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Replying to: bcj0915 (Jul 10, 2007 6:14 am)
Here's the information that you're looking for, bcj0915. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac CTS Bose Edition with 12,000 miles per year are 3.95% and 54%, respectively. The numbers for an otherwise identical 48 month lease are 3.95% and 45%. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
When negotiating your lease on this car, make sure to take the $1,700 lease cash that GM is currently providing on it into account. It will help you to negotiate an attractive capitalized cost for your lease.
Car_man
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Prices Paid Forum
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