Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions
295 messages, Last post on Sep 05, 2008 at 3:07 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: nacho2 (Feb 08, 2008 4:05 pm) 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?
|
|
|
Replying to: bmw3434 (Jan 25, 2008 10:24 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: nacho2 (Feb 08, 2008 4:05 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: nacho2 (Feb 11, 2008 12:34 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
| OK, nobody go off on me for putting alot down. I know the risks. I just would like to know if I was treated fairly? These are the facts that I know for sure. The window sticker was $39685, I put $4500 down, 39 month lease, 10000 miles/ yr, qualified for friends and family discount, my payment is $397/mo which includes tax. Originally I thought it was a fair deal, but they sure came up with some fuzzy math on my purchase agreement to get to the $397/mo. I would really appreciate any feedback. BTW, the car is awesome!....CJ | |
|
Replying to: Car_man (Feb 15, 2008 4:14 am)
|
|
|
Hi, I'm pretty new to buying or leasing cars so these might seem like stupid questions to most of you, but I needed some help. I've been to a few dealers websites and saw some new 2007 CTS for under 29,000. Will they still lease those 2007's and what would I expect to pay a month? I wasn't sure if they were doing any incentives or not and wanted to be a little more informed before going into the dealership. Thanks. |
|
This maybe a stupid question but can somebody point in the direction of how to use these numbers to figure out what a least payment would be? Thanks
|
|
|
Replying to: mkadams9 (Feb 22, 2008 2:17 pm) Let's assume MSRP of $35k. Residual Value of 50% = $17.5k. 36 months for lease. 4% Lease Percentage (sometimes, this is called a money factor which in this case is .04/24 = .001667). Sell Price of Car of $33k. $1k rebate. $0 cap cost reduction. $600 lease aquisition. $500 dealer fee. Capitalized Cost = $33k - $1k + $500 +$600 = $33.1k. Your Monthly Depreciation = (Cap Cost - Residual )/ Months of Lease ($33.1k-$17.5k)/36 = $433.33 Your Monthly Interest = (Cap Cost + Residual) * Money Factor (($31.1k + $17.5k) * 4%)/24 = $81.00 Total Payment = $433.33 + 81 = $514.33, before taxes. In this example, I rolled the acquisition fee and dealer fee into the lease payment. Your startups would be first month payment, any registration, tag, title, and security deposit. Damon |
|
I am looking at leasing a fully-loaded 2008 CTS that was used as a "courtesy car" during the super bowl. The msrp is $46,220; the dealer took off $1,500 as a result of the car's "courtesy" status, leaving a total price of $44,720. The dealer also offered to pay the last three lease payments on my existing CTS lease. The lease offer was $1,660 down payment, plus $719 monthly payments for 39 months (annual mileage of 12K). Fair? Thanks for any thoughts about this.
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2009 Cadillac CTS
2007 Cadillac CTS-V
Browse by Board
Browse by Topic
Today's Chats
