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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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#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)
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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)
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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)
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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)
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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
#201 of 372
Re: need opinion asap! I am in NJ [leslie12] by christina271
Nov 20, 2007 (4:17 pm)
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Replying to: leslie12 (Nov 19, 2007 7:14 pm)

That is my local dealer as well. Good to hear that you had a good experience there. Our salesman seems to know nothing about the new cts.
#202 of 372
Car Man.. by christina271
Nov 22, 2007 (2:18 pm)
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Car Man,
 
I was quoted 530/month on a 39 month lease with 10k miles a year on a CTS with an MSRP of 42,380. This figure included 7% sales tax. The first number we were given was 697, and 50/month was taken off a few times to get the price to 530. The salesman was vague about how he reached this number and didn't explain what rebates were being used towards this deal. We qualify for the Luxury Conquest of $1000 and received a $2000 coupon from GM that could be used to pay remaining lease payments or apply towards the new car.at first the salesman told us the offers could be combined, but came back and said they couldn't. We are definitely getting the run around considering someone on this board just got a near identical car from the same dealer for 484. What is a fair lease price for this car and what is the residual and MF?Thanks!!
#203 of 372
Re: Car Man.. [christina271] by smithsonga
Nov 22, 2007 (8:11 pm)
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Replying to: christina271 (Nov 22, 2007 2:18 pm)

Caddy dealerships really seem shady with their finance terms. Check the residual and money factor/interest very closely. Also, check for adders to the capital cost listed.
 
From what I can gather, the current interest rate is 5.7%. Residual for 39 mth, 10k miles is about 61-62%. for 15k miles, subtract another 3% residual.
 
use the MSRP, your sales price and your sales tax and use online lease calcs to get estimate to use as ammunition at the dealer.
 
http://www.leaseguide.com/calc.htm
 
I went in as a GM employee family member, so my price is fixed and very good...they proceeded to offer a 6.7% interest lease and added $600 acq fee to the cap cost. He didnt even blink when I said the interest was high. We walked as the car wasnt even at the dealership yet, but it would have been fun to haggle...I think i would have asked to walk straight into the finance manager office.
 
Good luck.

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