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Cadillac CTS Lease Questions

284 messages,  Last post on Jul 02, 2008 at 6:06 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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#222 of 284
Re: Low Price Lease Ad [zeen] by flightnurse
Dec 27, 2007 (5:22 pm)
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Replying to: zeen (Dec 27, 2007 4:13 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 284
Re: Low Price Lease Ad [flightnurse] by zeen
Dec 28, 2007 (5:22 pm)
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Replying to: flightnurse (Dec 27, 2007 5:22 pm)

Thanks for the advice. It is 10k/yr but that works for me.
#224 of 284
Re: 2008 CTS residual values as of 12/26 [clubmanager1] by clubmanager1
Dec 31, 2007 (10:24 am)
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Replying to: clubmanager1 (Dec 26, 2007 5:19 pm)

found out the buy rate is 6.10 or 6.15, one of the two.
#225 of 284
Re: Residualize Dealer Installed Options [bmwnewbie530i] by bmwnewbie530i
Jan 01, 2008 (6:31 pm)
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Replying to: bmwnewbie530i (Dec 18, 2007 11:23 am)

I didn't receive any replies to this question when originally posted, so I thought I would post it again.
#226 of 284
Re: Residualize Dealer Installed Options [bmwnewbie530i] by ronaldc
Jan 02, 2008 (8:49 pm)
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Replying to: bmwnewbie530i (Jan 01, 2008 6:31 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.
#227 of 284
Re: Residualize Dealer Installed Options [ronaldc] by bmwnewbie530i
Jan 03, 2008 (11:05 am)
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Replying to: ronaldc (Jan 02, 2008 8:49 pm)

Thanks, it was $22 a month + tax and financing costs on a 36 month lease.
#228 of 284
Re: 2008 CTS residual values as of 12/26 [clubmanager1] by Car_man HOST
Jan 14, 2008 (3:43 am)
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Replying to: clubmanager1 (Dec 26, 2007 5:19 pm)

Hi clubmanager1. I believe that what you were told is correct, the $500 dealer cash that is available on the 2008 Cadillac CTS right now is not compatible with its special lease program. However, the lease rate that you were quoted is too high. GMAC's current base lease rate for the 2008 Cadillac CTS is 6.1%. Make sure that this is the rate that the dealer you are working with uses to calculate your monthly payment. The acquisition fee that you were quoted is high as well. The last time I checked, GMAC's base acquisition fee was only $595.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#229 of 284
Residual value/Lease factor? by bmw3434
Jan 25, 2008 (10:24 pm)
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Replying to: Car_man (Jan 14, 2008 3:43 am)

From what I have seen, the 2008 Cadillac CTS has a 63% residual for 10K miles and a buy rate of 6.1% for 39 months. Is this correct??? Local ads saying lease a new one for $369 per month plus tax with 3169 due at signing. Of course, this is plus plus plus. Just wanted to make sure I had the right info. Thanks in advance!!!
#230 of 284
Lease Calculation by lsleelee
Jan 29, 2008 (7:37 am)
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I'm a little off-put by GMAC's use of percentages instead of money factors. I know you can divide the percentage by 2400 to get an approximate money factor, but still...
 
Does anybody know of a lease calculation formula that uses the %, rather than money factor?
#231 of 284
Trying to find out Invoice on the Cadillac AWD by nacho2
Feb 08, 2008 (4:05 pm)
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Hello Carman, this is what I have so far MSRP of $38,140,car has CTS standard package,ultra view sunroof,,all wheel drive, and automatic transmission. I believe that the invoice for the car is $35,200 am I correct?Dealer is selling the car for $36,500. 39 months,12k payment of $533.65 with down payment of $550 sec deposit,bank fee of $695, then tire fee,dmv dee,doc fee of $45. i am in upstate New York

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