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Cadillac CTS Lease Questions

370 messages,  Last post on Oct 07, 2009 at 9:15 AM

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

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#167 of 370 Re: 2008 CTS [sderose] by threxx Sep 06, 2007 (11:30 am)
Replying to: sderose (Aug 29, 2007 11:08 am) I'm interested in this as well.   I just went and test drove one and they said 71% for 24 months and 12k miles a year but then quoted the money factor at 6.15% which sounds high. Replies to this message: jabber (Sep 16, 2007 12:36 pm)
#168 of 370 Re: 2008 CTS [threxx] by jabber Sep 16, 2007 (12:36 pm)
Replying to: threxx (Sep 06, 2007 11:30 am) Carman,   Can you please respond to the 2008 CTS lease data? I'm interested as well in lease rates and residuals for 36 mos at 10K and 12K miles/yr.   Jabber
#169 of 370 2008 lease rates and residuals from dealer by rem506 Sep 17, 2007 (12:36 pm)
I was quoted as follows:   24 month/15k miles: residual value 69% 36 month/15k miles: residual value 59%   I was also told the interest rate was 5.9%.
#170 of 370 2008 Lease Rates by emanjoe Sep 18, 2007 (12:42 pm)
I'm trying to keep my lease payments to around $600-$650.   This is what I received from my dealer without any negotiations:   Fully loaded MSRP $46,655 $1,258 down   48 month/18k miles: residual value 50%: $767/mo 48 month/15k miles: residual value 50%: $730/mo   Interest rate 5.15%   They also offered me $1000 rebate because I owned a non-GM luxury car.   I did the lease calucator and the numbers don't add up to the ones I got from the dealer. Could someone help me out? Give me some tips on how to lower my payment to $600-$650 range. Thanks. Replies to this message: rem506 (Sep 18, 2007 1:15 pm) topgun7 (Sep 28, 2007 10:40 am)
#171 of 370 Re: 2008 Lease Rates [emanjoe] by rem506 Sep 18, 2007 (1:15 pm)
Replying to: emanjoe (Sep 18, 2007 12:42 pm) There is a $500 Cash to Dealer incentive running until 10/01/07 according to Edmunds. See if you can get the dealer to pass that through to you now that you are aware of it. That will help somewhat.   http://www.edmunds.com/new/2008/cadillac/cts/100905465/incentives.html#leasing
#172 of 370 Re: 2008 Lease Rates [emanjoe] by topgun7 Sep 28, 2007 (10:40 am)
Replying to: emanjoe (Sep 18, 2007 12:42 pm) There is definitely something really screwy in your number. You didn't mention how tax is handled in the state that you live in. Without tax, the lease payment should be around 636 a month assuming that you pay MSRP and your upfront downpayment pay for the vechicle license, acquisition cost etc. The best way to get a better deal is to negotiate with more than one dealer and the residual they quoted you is screwy. I don't know if GM even offer 18K mi/year lease, but the residual would not be the same as 15K mi... May be you can insist on getting a break down on cap cost, interest rate (which you already have), residual (which you have) and additional fee (some document fee and acquisition cost is legit.. but other may not be legit).. Try using this calculator to play around with the number that you get from one or more dealer...   http://www.leaseguide.com/calc.htm
#173 of 370 2008 Lease by jhyoo Oct 05, 2007 (7:27 pm)
Anyone get any good quotes or leases lately? Replies to this message: hemi05 (Oct 06, 2007 2:11 pm)
#174 of 370 2008 CTS options ordering problems by hemi05 Oct 06, 2007 (1:55 pm)
Oct 1, 2007 I tried to order 2008 CTS with 300 HP engine, PDP luxury collection ($2600), crystal red tintcoat ($995), all-wheel drive ($1900), and luxury level two package ($2025), but each time we selected the luxury level two package, GM's order system would remove all-wheel drive. Apparently you cannot get luxury lever two package with all-wheel drive. Anyone experience this problem? Replies to this message: sderose (Oct 07, 2007 9:20 am)
#175 of 370 Re: 2008 Lease [jhyoo] by hemi05 Oct 06, 2007 (2:11 pm)
Replying to: jhyoo (Oct 05, 2007 7:27 pm) I ordered '08 CTS on 10-1-07: 2008 CTS w/1SB 34,545 AWD 1,900 Red paint 995 PDP luxury 2,600 Destination chrg 745 Total MSRP 40,785 (residual = 72%) After GM supplier discount, my buy price was $38,192. 27 month lease, 10k miles/yr, rate/money factor 4.40. Base monthly paymt=$476.88, + PA tax $42.92, total=$519.80/mo. I'm pre-paying entire lease 519.80x27=14034.60 (less possible incentives, if available at delivery, of $1000 "conquest" and $500 dealer cash=$12,534.60.
#176 of 370 08 CTS Leasing Question by therock13 Oct 07, 2007 (4:46 am)
Have access to the GM Supplier Discount. Understand GM has $1,000 Conquest Incentive and $500 Marketing Support. Are these programs compatible with Leasing under the Supplier discount program. Also, looking at 36/39 Month lease. What interest rate is currently out there.

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