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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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#217 of 372
Combining offers by christina271
Dec 17, 2007 (1:19 pm)
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I'm not sure if this topic was already discussed. Is it possible to combine the $1000 Luxury Conquest offer with the $2000 Pull ahead offer?
#218 of 372
Re: Current, December 2007 GMAC lease rates for CTS [kimknight] by lonewalden
Dec 17, 2007 (7:26 pm)
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Replying to: kimknight (Dec 17, 2007 10:03 am)

A bit harsh don't you think discount80? kimknight, congrats on a very sweet ride, those are beautiful cars. Dont know what kinda money factor you got or the residual, but $390 does'nt sound that bad to me.
      I always hear people say you shouldnt put money down on a lease. I think normally that is sound wisdom, but not always. It depends on yoru situation. Even if you put that $4000 down on a buy that you financed for 60 months and wrecked it you would'nt get any of your down payment back (at least not within the first few years). It would probably take 2 or 3 years to get any positive equity in the car.
#219 of 372
Residualize Dealer Installed Options by bmwnewbie530i
Dec 18, 2007 (10:23 am)
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Are there any dealer installed options (i.e., a rear spoiler) that can be residualized into a GMAC lease?
 
I can't seem to get a straight answer. My dealer says no, but GMAC seems to say yes. However, they won't tell me specifically what dealer options would be considered.
 
I really want to add a rear spoiler to the '08 CTS, but since I'm leasing and will return the car at the end of the lease with the spoiler, I don't want to pay the full MSRP on the dealer installed option.
#220 of 372
2008 CTS residual values as of 12/26 by clubmanager1
Dec 26, 2007 (4:19 pm)
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thought everyone would like to see these:
10K miles
24, 73%
30, 68
36, 64
39, 63
 
12K miles
24, 71
30, 66
36, 62
39, 61
 
I assume 15K is an additional 2% off the 12K values. I was told the current buy rate is 7.15% (not sure I believe this?? sounds high) current gmac acquisition fee is 690. I was also told the 500 marketing cash wasn't applicable to leases, is this true??
#221 of 372
Low Price Lease Ad by zeen
Dec 27, 2007 (3:13 pm)
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A dealer in the Philly area advertises a CTS with an MSRP of $34,290 for a lease of $339 per month before tax for 39 months with $1995 cap reduction and bank fee (presumably $600 or so). Does this sound like a bait and switch?
I really only want the base car with auto so this seems to be on target for me.
THanks
#222 of 372
Re: Low Price Lease Ad [zeen] by flightnurse
Dec 27, 2007 (4:22 pm)
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Replying to: zeen (Dec 27, 2007 3:13 pm)

If you want a base car then it sounds like a good deal, BUT, Im sure they only have one of them on the lot, also watch out for the mileage, I'm beating that its a 10K/yr for that car.
#223 of 372
Re: Low Price Lease Ad [flightnurse] by zeen
Dec 28, 2007 (4:22 pm)
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Replying to: flightnurse (Dec 27, 2007 4:22 pm)

Thanks for the advice. It is 10k/yr but that works for me.
#224 of 372
Re: 2008 CTS residual values as of 12/26 [clubmanager1] by clubmanager1
Dec 31, 2007 (9:24 am)
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Replying to: clubmanager1 (Dec 26, 2007 4:19 pm)

found out the buy rate is 6.10 or 6.15, one of the two.
#225 of 372
Re: Residualize Dealer Installed Options [bmwnewbie530i] by bmwnewbie530i
Jan 01, 2008 (5:31 pm)
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Replying to: bmwnewbie530i (Dec 18, 2007 10:23 am)

I didn't receive any replies to this question when originally posted, so I thought I would post it again.
#226 of 372
Re: Residualize Dealer Installed Options [bmwnewbie530i] by ronaldc
Jan 02, 2008 (7:49 pm)
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Replying to: bmwnewbie530i (Jan 01, 2008 5:31 pm)

I have leased a number of autos in the past 20 years. Some were from GMAC. It has been my experience that dealer installed options are not residualized. If you
truly want a spoiler, even at full price, it should not cost much more than $20 per month on a 39 month lease.

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