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Cadillac CTS Lease Questions

372 messages,  Last post on Dec 04, 2009 at 3:48 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#191 of 372
Re: need opinion asap! I am in NJ [leslie12] Have all info. [leslie12] [dde by ddelise
Nov 19, 2007 (10:47 am)
Reply

Replying to: leslie12 (Nov 19, 2007 10:43 am)

Well - I can make an educated guess on the sell price, rebate, acquisition fee, and residual to make the calculations, but it will only be that, an educated guess.
 
However, (and don't take this the wrong way) - if I were you I would call the salesperson and get that information. To me, it is important to know how much I am buying the car for, for instance.
#192 of 372
Re: need opinion asap! I am in NJ [leslie12] Have all info. [leslie12] [dde [ddelise] by leslie12
Nov 19, 2007 (10:57 am)
Reply

Replying to: ddelise (Nov 19, 2007 10:47 am)

I would like your educated guess. When I called today to say I would get vehicle tomorrow (wanted me to pick up car today),the sales person was NOT happy - kind of took a take it or leave it attitude.
 
Educated guess would be appreciated.
#193 of 372
Re: need opinion asap! I am in NJ [leslie12] Have all info. [leslie12] [dde by ddelise
Nov 19, 2007 (10:59 am)
Reply

Replying to: leslie12 (Nov 19, 2007 10:43 am)

Ok - here are my calculations/estimates. Looks like you have a fair deal overall.
 
I've test driven the car - it's awesome - so enjoy!
 
Residual 62.00% Estimate
Months 39
Interest Rate 5.70%

MSRP $42,705
DISCOUNT $2,900 Estimate - this is just about paying invoice price.
REBATE $1,000 Estimate
CAPITALIZED COST REDUCTION $600
ACQUISITION FEE $600 Estimate
CAPITALIZED COST $38,805
RESIDUAL $26,477

MONTHLY DEPRECIATION $316
MONTHLY INTEREST $155
PAYMENT $471
NJ TAX 6% $28.27
TOTAL PAYMENT $499.41
 
Damon
#194 of 372
Re: need opinion asap! I am in NJ [leslie12] Have all info. [leslie12] [dde [ddelise] by leslie12
Nov 19, 2007 (11:23 am)
Reply

Replying to: ddelise (Nov 19, 2007 10:59 am)

Thanks for getting back to me. I was beginning to think that I might have gotten royally taken advantage of.
 
I guess the biggest disappointment for me was that I originally thought that I was getting AWD, and only to find out that it was RWD. But when I brought that up I got a comment that it would cost me more. It is amazing how sales people can turn on the charm when they want and be so abrupt when they think they have you!
 
The payment that I will be paying is $484. with tax included btw.
 
If you think it is a fair deal then I guess I will go ahead. I think that there are very few deals of the century so to speak!
 
Thanks again for your help!
#195 of 372
Help with lease payments PLEASE !!!! by discount80
Nov 19, 2007 (3:31 pm)
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How do I figure out what my payments would be? Im lookin at the CTs with a MSRP of 38,000 and I have an audi a6 lease that I owe 11 payments of 696.00 . Anyone know of how to do this? Thanks for the help.
#196 of 372
Re: need opinion asap! I am in NJ [leslie12] by christina271
Nov 19, 2007 (5:10 pm)
Reply

Replying to: leslie12 (Nov 18, 2007 1:26 pm)

what dealer in NJ are you using?
#197 of 372
Re: need opinion asap! I am in NJ [christina271] by leslie12
Nov 19, 2007 (7:14 pm)
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Replying to: christina271 (Nov 19, 2007 5:10 pm)

goldcoast....why?
#198 of 372
Re: need opinion asap! I am in NJ [leslie12] Have all info. [leslie12] [dde [ddelise] by leslie12
Nov 20, 2007 (2:26 pm)
Reply

Replying to: ddelise (Nov 19, 2007 10:59 am)

Just wanted to say thank you for your help. I picked-up my car today. It really is a beautiful car.
 
I enjoyed my '05 CTS, but the drive on this one seems to be much smoother and quieter. The "pause, rewind and play" feature on the radio/satellite is just such a nice feature. Unfortunately it was a rainy day, so I did not do very much driving, but the little I did was really enjoyable.
 
Thanks again for your help!
#199 of 372
Re: need opinion asap! I am in NJ [leslie12] Have all info. [leslie12] [dde by ddelise
Nov 20, 2007 (2:34 pm)
Reply

Replying to: leslie12 (Nov 20, 2007 2:26 pm)

You are welcome. It's a sweet ride - I'm jealous!
 
Enjoy.
 
Damon
#200 of 372
Re: need opinion asap! I am in NJ [leslie12] Have all info. [leslie12] [dde by ddelise
Nov 20, 2007 (2:44 pm)
Reply

Replying to: leslie12 (Nov 20, 2007 2:26 pm)

One more question for you. On your lease contract, it should say what rebates and/or $ amount of the rebates that were deducted from your capital cost. Do you have that figure handy? I too am coming up on a GMAC lease end soon, and am wondering if there are some program benefits that they applied to your deal that I might be also eligible for.
 
Thanks - Damon

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