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Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions
371 messages, Last post on Nov 24, 2009 at 6:23 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| 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. | |
| 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. | |
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Replying to: walkercts (Oct 15, 2007 4:06 pm) 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..
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Replying to: topgun7 (Oct 15, 2007 9:34 pm) |
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Has anyone heard the Bose 5.1 surround sound in the new 2008 CTS? - Is it worth the extra $1000? - I have 5.1 surround sound in my home and the only way to hear it is if you have a CD/DVD with 5.1. Does XM broadcast in 5.1 and what about FM? |
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Replying to: topgun7 (Oct 15, 2007 9:34 pm) I've been very happy with this car so far. Handling is great, very comfortable (I'm 6'4"), good jump with the 3.6L engine. Hopefully Cadillac (and GM as a whole) can build more cars like this. This car will compete with the Acuras, BMW and Audis of the world. And might actually win.
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Replying to: walkercts (Nov 01, 2007 8:54 am) Drove one today and loved it. It didnt have the sport pkg which I want and can imagine it is even better with it. Anyone try the Navigation? this dealer was all out, curious how the popup works. |
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I was quoted yesterday for an 08 cts with automatic all wheel drive, nav system, leather, sunroof in black. The price was a total of $1500 total out of pocket, 10000 miles per year, 39 months for $484.00 a month. Was this an ok deal? Please advise. I have no idea how to do the calculations that you all talk about.....getting too old! |
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Replying to: leslie12 (Nov 18, 2007 1:26 pm) How much of the $1500 was money down on the lease.
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Replying to: smithsonga (Nov 18, 2007 5:02 pm) Are there so many things involved? Now again, I feel dumb. I have no plans to buy at end of 39 month lease. I thought this seemed ok. Help!
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