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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

Outline

Messages Page 24 of 29: 1; ...; 21; 22; 23; 24; 25; 26; 27; ...; 29; Prev; Next; Last

#224 of 284 Re: 2008 CTS residual values as of 12/26 [clubmanager1] by clubmanager1 Dec 31, 2007 (10:24 am)
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)
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. Replies to this message: ronaldc (Jan 02, 2008 8:49 pm) bmwnewbie530i (Jan 03, 2008 11:05 am)
#226 of 284 Re: Residualize Dealer Installed Options [bmwnewbie530i] by ronaldc Jan 02, 2008 (8:49 pm)
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. Replies to this message: bmwnewbie530i (Jan 03, 2008 11:05 am)
#227 of 284 Re: Residualize Dealer Installed Options [ronaldc] by bmwnewbie530i Jan 03, 2008 (11:05 am)
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)
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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: bmw3434 (Jan 25, 2008 10:24 pm) Car_man (Feb 15, 2008 4:08 am)
#229 of 284 Residual value/Lease factor? by bmw3434 Jan 25, 2008 (10:24 pm)
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!!! Replies to this message: Car_man (Feb 15, 2008 4:08 am)
#230 of 284 Lease Calculation by lsleelee Jan 29, 2008 (7:37 am)
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)
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 Replies to this message: nacho2 (Feb 11, 2008 12:34 pm) Car_man (Feb 15, 2008 4:14 am) nacho2 (Feb 16, 2008 1:11 pm) and 7 more... Car_man (Feb 15, 2008 4:12 am)
#232 of 284 Re: Trying to find out Invoice on the Cadillac AWD [nacho2] by nacho2 Feb 11, 2008 (12:34 pm)
Replying to: nacho2 (Feb 08, 2008 4:05 pm) Hello, This is what I have been offered with GM employee pricing for an awd Cadillac CTS with MSRP $38140, and invoice of $35254,residual 61%,Money Factor .00254. with a selling price of $34,281.23 and down payment $650.50, I am at a 39months/12k lease with a payment of $483 including tax in upstate NY. I was told that my net cap cost is $35,718.04 with tax minus any rebates. Seems high? Replies to this message: Car_man (Feb 15, 2008 4:14 am) nacho2 (Feb 16, 2008 1:11 pm) nacho2 (Mar 24, 2008 7:35 pm) and 6 more...
#233 of 284 Re: Residual value/Lease factor? [bmw3434] by Car_man HOST Feb 15, 2008 (4:08 am)
Replying to: bmw3434 (Jan 25, 2008 10:24 pm) Hello bmw3434. The 6.1% lease rate that you mentioned is correct, but I believe that the 36 month, 10,000 mile per year residual value for a 2008 Cadillac CTS leased through GMAC would be more like 64%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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