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Cadillac CTS Lease Questions

284 messages,  Last post on Jul 02, 2008 at 6:06 AM

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

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#172 of 284 Re: 2008 Lease Rates [emanjoe] by topgun7 Sep 28, 2007 (11:40 am)
Replying to: emanjoe (Sep 18, 2007 1:42 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 284 2008 Lease by jhyoo Oct 05, 2007 (8:27 pm)
Anyone get any good quotes or leases lately? Replies to this message: hemi05 (Oct 06, 2007 3:11 pm)
#174 of 284 2008 CTS options ordering problems by hemi05 Oct 06, 2007 (2:55 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 10:20 am)
#175 of 284 Re: 2008 Lease [jhyoo] by hemi05 Oct 06, 2007 (3:11 pm)
Replying to: jhyoo (Oct 05, 2007 8:27 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 284 08 CTS Leasing Question by therock13 Oct 07, 2007 (5:46 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.
#177 of 284 Re: 2008 CTS options ordering problems [hemi05] by sderose Oct 07, 2007 (10:20 am)
Replying to: hemi05 (Oct 06, 2007 2:55 pm) You are absolutely correct. There is some new ordering pattern that you can not get the AWD with the Lux 2 package unless I believe you get the premium luxury group and even then apprently you can not get the performance suspension. I was all set to buy and cancelled my order because of it.
#178 of 284 08 CTS lease question by jhyoo Oct 11, 2007 (1:57 pm)
Can someone please tell me the residual and money factor for an 08 CTS w/ direct injection with the Premium Luxury Collection and all wheel drive. I'm looking for either a 24 or 36 month with 18,000 miles per year.
#179 of 284 Re: 08 CTS lease question by walkercts Oct 15, 2007 (5:06 pm)
jhyoo - Over the weekend I got .057 money factor, .69 residual for 08 w/ direct injection with the Premium Luxury collection and rear wheel on a 24 month, 15K lease. That's a start I guess. I tried for a better factor but they wouldn't budge. They could tell I wanted that car. So far worth every penny. Replies to this message: topgun7 (Oct 15, 2007 10:34 pm) jhyoo (Oct 17, 2007 7:37 pm) walkercts (Nov 01, 2007 9:54 am) smithsonga (Nov 14, 2007 3:25 pm)
#180 of 284 Re: 08 CTS lease question [walkercts] by topgun7 Oct 15, 2007 (10:34 pm)
Replying to: walkercts (Oct 15, 2007 5:06 pm) "jhyoo - Over the weekend I got .057 money factor"   do you mean 5.7%? GM normally quote interest rate not money factor.. A money factor of 0.057 translate to 13.68% of interest.. It is way too much.. The 69% residual is very good number. I leased an 07 G35 in May and the residual was 66% for 2 yrs/12K mi.. So GM is thinking highley of CTS at this point which make leasing a CTS a good proposition. And if it is a 5.7% interest, it make the car a lease bargain.. Replies to this message: jhyoo (Oct 17, 2007 7:37 pm) walkercts (Nov 01, 2007 9:54 am) smithsonga (Nov 14, 2007 3:25 pm)
#181 of 284 Re: 08 CTS lease question [topgun7] by jhyoo Oct 17, 2007 (7:37 pm)
Replying to: topgun7 (Oct 15, 2007 10:34 pm) The numbers that I got from the dealership were 59% residual and 6.25% MF for 36 month / 18k miles. I got a quote for an 08 with DI, Premium luxury package, and AWD for $42,013. MSRP was $45,355 and invoice was $41,399. Not too bad. It came out to roughly $670 per month including taxes (7.4%). I passed it up and going with an 08 FX35 AWD w/Tech, HF, and Touring for $650 per month on a 24 month lease.

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