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Cadillac CTS Lease Questions

371 messages,  Last post on Nov 24, 2009 at 6:23 AM

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

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#366 of 371 Re: CTS lease [njitalianangel] by artmbgolf Sep 04, 2009 (10:48 am)
Replying to: njitalianangel (Sep 03, 2009 5:08 pm) Paying the sales tax doesn't change anything. If they can roll it into your lease, it increases your payment and you pay interest on it.   Your money factor sounds like it might not be a GMAC lease, per CarMan's post. Yes you should get the rebate taken off your $39000 price. The residual is based on annual mileage and set by GMAC or the bank.   Putting $ down (rebate or cash) lowers your lease payment, but it doesn't save you $ overall. However, putting the $ down is better than if you spend it on other stuff, unless you need it now for other stuff.   Dealers hope to sell a demo for at worst invoice. There isn't a set amount to take off for it being a demo, but there should be something off. Make sure you get a statement showing the in service mileage of 2110.   . The car has 2110 miles on it(a demo). residual is 38%. He got the payment to $485 for 39 months if I put the $3600 down but I want to use the $3400 as my down payment and want a better price on the car since it was a demo.   Carman posted 36%. Is your 38% for 12k?
#367 of 371 Re: CTS lease [Car_man] by artmbgolf Sep 04, 2009 (10:53 am)
Replying to: Car_man (Sep 04, 2009 1:56 am) Like someone else posted, it doesn't make sense to advertise best resale value, then come up with a low residual rate.   The higher residuals of the past, in the 50-56% range for 3 years and 15-10k miles made it not such a good deal to buy the car for residual. It kept leasees leasing again. Now with 36 - 40% residual for 15-10k miles, the lease cost is higher, but if someone wants to keep the car, buying it for the residual will be a better deal than in the past. Replies to this message: shaymasdaddy06 (Sep 14, 2009 6:50 pm)
#368 of 371 Press Request by KarenS HOST Sep 12, 2009 (6:45 am)
A reporter is looking to interview a consumer who passed on purchasing a Cadillac because there was no attractive lease option. Please send your daytime phone number to ctalatiedmunds.com by Wednesday, September 16, 2009.
#369 of 371 Re: CTS lease [artmbgolf] by shaymasdaddy06 Sep 14, 2009 (6:50 pm)
Replying to: artmbgolf (Sep 04, 2009 10:53 am) Lease rates for any 2009 car now will be much lower because the 2010s are already on their way or at the dealerships. Unless there are hugh cash incentives to offset the lower residual rates, the best time to lease a new car would be between Jan - Jun of the model year. After that the residuals start to drop and leases become less advantagous.
#370 of 371 Press request by KarenS HOST Oct 07, 2009 (9:15 am)
A reporter is looking to speak to consumers who recently leased a GM or Chrysler vehicle in the past two months . Please send your daytime phone number to ctalatiedmunds.com by Thursday, October 8, 2009.
#371 of 371 CTS Wagon Residual / Money Factor by rflor Nov 24, 2009 (6:23 am)
Good morning car_man! Do you have the current residual and money factors for the 2010 CTS wagon? I'm looking at the 3.6L Performance AWD style.

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