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
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
|
Replying to: ct1211 (Apr 25, 2008 12:48 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
|
Replying to: Car_man (May 06, 2008 2:23 am) Was one of these posts a typo? Was the earlier post written based on the April program before the May program came out? Are both correct? Also another question, if you could : I hate how GMAC quotes lease rates in interest rate instead of money factor. 6.1% equates to 0.00254, right? The further 1% that the dealership is allowed to mark that up equates to 0.00042? Alternately, could you provide me with a formula for calculating a lease using % rather than MF? |
|
|
|
|
May CTS residuals are 24m=69 , 30m=64 , 36m=59 , 48m=50. Money Factor is 6.1% or .002984. I dont have the formula to use a percentage but take the percentage and divide it by 2044 to get the money factor.
|
|
|
Replying to: cadillacmanaz (May 17, 2008 2:50 pm) multiply by 2400 to get the MF
|
|
|
Replying to: gforce11 (May 23, 2008 1:22 pm) Multiply the MF by 2400 to get the % Divide the % by 2400 to get the MF regards, kyfdx
|
|
|
Replying to: kyfdx (May 23, 2008 5:06 pm) |
|
|
Replying to: Car_man (May 06, 2008 2:23 am) I am working under the assumption that the residual for a 24 month/15k mile lease is 69% with an interest rate of 6.1% (MF 0.00254). The MSRP of the car is $50,285 My GMS (thank you Mom and Dad) price is $44,259.23 My tax rate is 5.5% The dealer is quoting me $700 per month with tax and my calculations have me at $631.90. I could be missing a fee or two, but not by that much. Am I screwed up? Any help would be appreciated
|
|
Can you get a CTS lease with zero down?
|
|
|
Replying to: pokeyrai (Jun 22, 2008 5:13 am) If you do $0 at signing, your lease payment will be $700. ZERO down is not the same thing as ZERO drive-off. |
|
|
Replying to: gregcts (Jun 23, 2008 7:06 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Cadillac CTS
2010 Cadillac CTS-V
Browse by Board
Browse by Topic
Today's Chats
