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Cadillac CTS Lease Questions

372 messages,  Last post on Dec 04, 2009 at 3:48 AM

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What is this discussion about? Cadillac CTS, Cadillac CTS-V, Car Leasing, Sedan

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#298 of 372 Re: [gator5000e] by 10sfan Oct 31, 2008 (6:22 am)
Replying to: gator5000e (Oct 30, 2008 7:09 am) With the problem facing GM, wait a month or so, they will be forced to provide major cash back to move inventory. I do not like putting any cash up front as in the event of a total loss, your insurance carrier will not reimburse you for that part of your loss. Their lots are filled to capacity. The reisdual value for leasing their vehicles is low and without their own financing arm, your at the mercy of the local banks which are tight with their lending on especially on GM, Ford and Chrysler vehicles.
#299 of 372 Re: [gator5000e] by Car_man HOST Nov 03, 2008 (4:34 am)
Replying to: gator5000e (Oct 30, 2008 7:09 am) Hi gator5000e. If I was going to lease a new entry luxury vehicle right now, it definitely would not be a Cadillac CTS. General Motors has cut way back on its lease support over the past several months. It really no longer makes sense to lease a GM product. A number of other brands, including BMW, Mercedes, Infiniti, Lexus, and others have much more attractive lease programs on similarly priced cars.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: sam_k (Jan 14, 2009 6:40 am) Car_man (Jan 15, 2009 3:18 am)
#300 of 372 by gator5000e Nov 03, 2008 (4:51 am)
Thank you for the replys. Good advice so I have decided to wait for a while. Besides this site and the individual manufacturer sites, is there a good site to see current lease offers?   Thanks again. Replies to this message: jacalyker (Nov 03, 2008 11:34 am) ndfan1996 (Nov 25, 2008 10:42 am) Car_man (Nov 04, 2008 4:14 am) toddbarfield (Nov 18, 2008 9:09 am) traderj (Nov 20, 2008 2:31 am)
#301 of 372 Re: [gator5000e] by jacalyker Nov 03, 2008 (11:34 am)
Replying to: gator5000e (Nov 03, 2008 4:51 am) I just got an amazing deal on the CTS, and am very happy.   It was a 36 month lease that took into account, employee pricing, a rebate, and an additional $4,000 reduction since I had a lease that was to expire within the next seveal months. MSRP around 38, 36 month lease for 412 plus tax with $1,000 total out of pocket. I'm very happy . . . so far Replies to this message: ndfan1996 (Nov 25, 2008 10:42 am)
#302 of 372 by gator5000e Nov 03, 2008 (2:00 pm)
jacalyker, congrats on your lease.May I ask what state your in? And did you have any options/packages in that deal?
#303 of 372 Re: [gator5000e] by Car_man HOST Nov 04, 2008 (4:14 am)
Replying to: gator5000e (Nov 03, 2008 4:51 am) You're very welcome, gator5000e. The two places that you mentioned, here and manufacturers' sites are probably the best places for information on advertised leases.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: toddbarfield (Nov 18, 2008 9:09 am) traderj (Nov 20, 2008 2:31 am)
#304 of 372 Lease Extension by toddbarfield Nov 18, 2008 (9:09 am)
Replying to: Car_man (Nov 04, 2008 4:14 am) Has anyone ever extended a lease for a yr? Is this even possible to do for the CTS? Thanks Replies to this message: traderj (Nov 20, 2008 2:31 am)
#305 of 372 Re: Lease Extension [toddbarfield] by traderj Nov 20, 2008 (2:31 am)
Replying to: toddbarfield (Nov 18, 2008 9:09 am) I had asked GMAC about this in the past, and I was told you could only extend lease if you have another Gm product on order and you are waiting for delivery. You might want to call GMAC to see if this policy has changed. I don't see any advantage to extending your lease for a full year as you will be paying more than if you had leased the car for the longer period to begin with. You might consider buying a new one as they are literally giving these cars away right now. My lease was recently up and I went to the dealer just to turn it in. I had no intention to buy. But, after realizing what I could buy an '09 for, I simply couldn't say no.
#306 of 372 Re: [jacalyker] by ndfan1996 Nov 25, 2008 (10:42 am)
Replying to: jacalyker (Nov 03, 2008 11:34 am) Your deal sounds AMAZING. How many miles per year? May I please have the email address of your salesperson? What state are you in?
#307 of 372 by gator5000e Nov 25, 2008 (12:17 pm)
I would be surprised if you got any type of favorable lease deal on a CTS. The two dealerships I have been dealing with have both been consistent in telling me that GMAC is not offering any type of a decent lease deal. I think jacalyker either got lucky or the dealership went through private financing. Please let us know. I had asked her earlier about this but I do not believe she ever responded - probably happy with her deal and doesn't come to the boards anymore.   I have a great deal offered on a 2009 CTS but I would have to finance it and I am concerned about GM's future status, the value that whatever happens to them may have on the car and the overall stability of the dealership network in the future.

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