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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
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Replying to: Car_man (Aug 20, 2009 1:53 am) 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! |
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Replying to: Car_man (Aug 18, 2009 2:18 am) 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.
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Replying to: tambaydriver (Aug 28, 2009 7:10 pm) 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. |
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Replying to: smithsonga (Aug 20, 2009 6:25 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: claweave (Aug 20, 2009 5:14 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: claweave (Aug 21, 2009 4:23 am) 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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Replying to: artmbgolf (Aug 23, 2009 8:56 pm) 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 attractive 0.40% and an unattractive 36%, respectively. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Sep 03, 2009 2:54 am)
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Replying to: Car_man (Sep 03, 2009 2:54 am)
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Replying to: rbirns1 (Sep 03, 2009 7:00 am) $50,000 X .36 residual (15k miles) = $18,000 If you pay $42,000 - $18,000 = $22,000 owed. Add about $2,000 interest = $24,000 owed $24k / 36 = $666 With $3600 down, payment goes to $566, but no real savings. The residual on this used to be about 52% in 2007, higher for 10 + 12k miles. Ask your dealer to see the residuals page. Then you can decide the number of payments. They don't negoiate the residuals. GMAC sets them. They should not be a secret any more than the MSRP.
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