- #157 of 371
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Re: Cadillac CTS: Lease Questions [flightnurse]
by mb6
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Aug 03, 2007 (5:40 am)
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Replying to: flightnurse (Aug 01, 2007 3:13 pm)
Car Man
Thanks for the input. At 50,000 miles per year I will stay away from a lease. However, cash is not an option. It's either a straight loan or GM smartbuy. Any preference?
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- #158 of 371
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CTS-V lease question
by jayhawk63
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Aug 06, 2007 (11:06 am)
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Car Man,
This is the numbers I have been quoted from emails.
07 CTS-V
MSRP is $53,470
Invoice $49,099
TMV $49,473
minus $ 3,000
Tags,fees,taxes $2100
I am assuming I can get the car for $46,473, including 3K cash allowance. My trade in would decrease my taxes to $1K and another ~$300 for fees and $750 for tags. Could you please give me a lease quote for 24 and 36 month lease, with 12K/yr.
Thanks,
Craig
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- #159 of 371
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Cadillac CTS-V lease numbers
by jayhawk63
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Aug 19, 2007 (2:36 pm)
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Car Man,
Do you still patrol this forum? Any news on Cadillac CTS-V lease numbers? Cap cost? Money factor for 36 or 48 month leases?
Thanks,
Craig
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- #160 of 371
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Re: Lease Deal [qwazr]
by Car_man HOST
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Aug 24, 2007 (2:38 am)
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Replying to: qwazr (Jul 16, 2007 5:08 pm)
Hi qwazr. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac CTS 3.8L with 10,000 miles per year are 3.95% and 56%, respectively. The $1,700 lease cash is available on all Bose Edition CTS models. The $1,000 conquest cash is available to all owners of non-GM vehicles. These two offers can be combined. I don't believe that GM is currently offering any loyalty cash on the '07 CTS.
Car_man
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- #161 of 371
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Re: CTS Bose Edition Lease [felbie1]
by Car_man HOST
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Aug 24, 2007 (2:47 am)
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Replying to: felbie1 (Jul 26, 2007 5:05 pm)
Hi felbie1. If you are able to get this car through General Motors' supplier purchase program, then you should be getting a good deal on it. I doubt that you will be able to do better than the supplier deal by negotiating on your own. GMAC's 39 month lease rate is the same as its 36 month rate, but its 39 month residual value is 1% lower.
Car_man
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- #162 of 371
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Re: Looking for Lease info [flightnurse]
by Car_man HOST
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Aug 24, 2007 (2:50 am)
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Replying to: flightnurse (Jul 31, 2007 9:05 pm)
Hi flightnurse. General Motors is running a special lease program on the 2007 Cadillac CTS right now. Unfortunately, the $3,000 consumer cash that you mentioned is not compatible with GMAC's special lease program for this model. Having said this, GM is providing $1,700 lease cash on Bose Edition CTS models plus an additional $1,000 conquest incentive for current owners of non-GM vehicles. GMAC's current base lease rate for the '07 CTS is 3.95%. You can plug the above information, along with the prices that you were quoted into the formula that is outlined in the following article to work up a sample payment on this car: Calculate Your Own Lease Payment.
Car_man
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- #163 of 371
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Re: Cadillac CTS: Lease Questions [mb6]
by Car_man HOST
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Aug 24, 2007 (2:53 am)
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Replying to: mb6 (Aug 01, 2007 11:19 am)
Hi mb6. Why do you need a bigger car? If I was in your situation, I personally would rather drive the Accord into the ground than get something new. Unless you made a very large down payment on your loan, you are likely very upside down on a one year old Accord that already has 50,000 miles on it. It will be much less expensive for you to continue to drive you Accord for another couple of years than it would be to pay off any money that you are upside down on it and then put a ton of miles on a more expensive vehicle. I definitely would not lease if I drove 50,000 miles per year.
Car_man
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- #164 of 371
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Re: Cadillac CTS: Lease Questions [mb6]
by Car_man HOST
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Aug 24, 2007 (2:54 am)
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Replying to: mb6 (Aug 03, 2007 5:40 am)
Mb6, GMAC's SmartBuy program is very similar to a lease. You probably would be best off going with a conventional loan on a car that you plan on putting 50,000 miles per year on.
Car_man
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- #165 of 371
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Re: Cadillac CTS-V lease numbers [jayhawk63]
by Car_man HOST
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Aug 27, 2007 (1:16 am)
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Replying to: jayhawk63 (Aug 19, 2007 2:36 pm)
Hi Craig. GMAC's base lease rate and residual value for a 36 month lease of a 2007 Cadillac CTS-V with 12,000 miles per year are 3.95% and 56%, respectively. The numbers for an otherwise identical 48 month lease are 3.95% and 48%. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert these lease rates into approximate money factor equivalents by dividing them by 2400.
the $3,000 customer cash that GM is providing on this car is not compatible with GMAC's lease program, but GM is providing a special $2,900 lease cash incentive that is. Make sure to take this cash into account when negotiating your car's capitalized cost.
Car_man
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- #166 of 371
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2008 CTS
by sderose
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Aug 29, 2007 (11:08 am)
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Any information yet on the 2008 CTS? If there is I would be interested in rates and residuals for 24 and 36 mos with 12,000 miles per year.
Thanks
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