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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

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


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#345 of 372
Re: New lease offers [Car_man] by claweave
Aug 20, 2009 (5:14 pm)
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Replying to: Car_man (Aug 20, 2009 1:51 am)

I just read there is $6000 lease cash available...
#346 of 372
Re: New lease offers [Car_man] by claweave
Aug 21, 2009 (4:23 am)
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Replying to: Car_man (Aug 20, 2009 1:53 am)

So in Indiana is it GMAC? What are the lease residual %'s for 36/15 lease? I just read and confirmed via cadillac's online ask an expert that there is $6000 lease cash available. can this be combined with GMAC? also, I am able to buy at supplier pricing. can I use all these specials with it as well?
#347 of 372
Re: New lease offers [claweave] by smithsonga
Aug 21, 2009 (5:09 am)
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Replying to: claweave (Aug 21, 2009 4:23 am)

$6000 is incredible. where did u read that?
 
You can typically use supplier pricing with any incentive. I get employee pricing...but my current BMW lease isnt up until Dec. but $6000 lease cash and employee pricing would be an incredibly low lease price..
#348 of 372
Re: New lease offers [smithsonga] by claweave
Aug 21, 2009 (7:35 am)
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Replying to: smithsonga (Aug 21, 2009 5:09 am)

I found the $6K on edmunds.com under incentives. Let me warn you though, I believe that GMAC is saying the residual is 41% basically killing the deal....
#349 of 372
Re: New lease offers [Car_man] by artmbgolf
Aug 23, 2009 (8:56 pm)
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Replying to: Car_man (Aug 20, 2009 1:53 am)

What are the Lease terms/rates for Delaware + PA?
 
I received an ad for $3,000 current leasee $.
Could the $6,000 someone posted be that $3k + a $3k Rebate?
 
What is the residual for 10K, 12K, 15K in DE + PA?
 
Thanks!
#350 of 372
Re: New lease offers [Car_man] by tambaydriver
Aug 28, 2009 (7:10 pm)
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Replying to: Car_man (Aug 18, 2009 2:18 am)

Car man,
 
I am in FL and would appreciate the numbers for a CTS lease, 36 mths, 10k or 12k miles. If the 39 mth lease is a better value based on low mileage needs I would be interested to hear your opinion. I have not bought a US make in a long time and I am not looking forward to the endless packages and options menu but suffice it to say a "nicely equipped" car. Coming out of a BMW. Lastly, is there any info on the new CTS crossover styled vehicle.
 
Your help has been invaluable in the past and I appreciate the service you offer. Thanks.
#351 of 372
Re: New lease offers [tambaydriver] by artmbgolf
Aug 28, 2009 (7:56 pm)
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Replying to: tambaydriver (Aug 28, 2009 7:10 pm)

I saw lease figures on a 2009 CTS in PA. The down payment + lease payment is much closer (about $50 a month) to a purchase. They also want a security deposit now. I don't know the lease details that Carman can provide.
It looks like any lease savings now is not enough to outweight the constraints of leasing.
 
A 39 month lease (instead of 36 month) creates a $15-20 lower payment, but then you have 3 more payments and you are shopping for a car in a different time period the next time. If you like shopping in Sept for example, to have a pick of left overs and new model year, you will want a 36 month lease, if you lease.
 
CTS has lots of options, but most of them are in packages, so you may have to accept some options you don't care for to get options you want. It looks like they are trying to make it simpler for 2010, by having a base car, a luxury version and a performace version. Coming from BMW, you will want the FE2 18" wheel option or maybe even FE3, living in FL.
#352 of 372
Re: New lease offers [smithsonga] by Car_man HOST
Sep 03, 2009 (2:42 am)
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Replying to: smithsonga (Aug 20, 2009 6:25 am)

Good question, smithsonga. The GMAC residual values are tough to find, but I managed to dig them up. GMAC's August residual value for a 36 month lease of a base 2009 Cadillac CTS was a horrifying 36%. This car's lease rates are indeed available for any trim level outside of the V, but its residuals vary by term.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#353 of 372
Re: New lease offers [claweave] by Car_man HOST
Sep 03, 2009 (2:47 am)
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Replying to: claweave (Aug 20, 2009 5:14 pm)

Hi claweave. General Motors was providing a $6,000 cash incentive on leases of the 2009 Cadillac CTS through independent banks last month. This cash is not compatible with the GMAC or US Bank lease programs that have been talked about here.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#354 of 372
Re: New lease offers [claweave] by Car_man HOST
Sep 03, 2009 (2:49 am)
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Replying to: claweave (Aug 21, 2009 4:23 am)

Hey claweave. As I mentioned in my previous post, the six grand is not compatible with GMAC's special lease program. GMAC's current base lease rate and residual value for a 36 month lease of a base 2009 Cadillac CTS with 15,000 miles per year are an extremely attractive 0.40% and an extremely unattractive 36%.
 
You should be able to lease through GMAC and take advantage of supplier pricing.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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