945 messages,
Last post on May 12, 2013 at 10:58 AM
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Cadillac CTS, Cadillac CTS-V, Car Leasing, Sedan
#447 of 945 Re: CTS-V lease numbers? [socalbmmr]
by Car_man HOST
Sep 01, 2010 (3:27 am)
Hi socalbmmr. Here's the information that you're looking for.
Through September 7th, GMAC's base lease rate and residual value for a 36 month lease of a 2010 Cadillac CTS-V with 12,000 miles per year are 1.8% and 49%, respectively for consumers who quality for its top credit tier.
GMAC's lease rate for an otherwise identical lease of a 2011 CTS-V drops to 1.0%.
When negotiating your deal on these cars, make sure to take the massive $6,425 cash incentive that is available on leases of the 2010 model and $1,600 that is available on leases of the 2011 model through GMAC into account.
Car_man
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#448 of 945 Re: CTS - Cash incentive? [suzay22]
by Car_man HOST
Sep 01, 2010 (3:32 am)
Hey suzay22. I'm saying that General Motors is providing a $6,425 cash incentive on leases of this car through GMAC at no cost to the dealer. In essence this means that its dealer invoice price is that much lower than the one that is published here at Edmunds.com. How much over that price you have to pay depends upon what sort of deal you negotiate with the dealer.
Through September 7th, GMAC's base lease rates and residual values for a 36 month lease of a 2010 Cadillac CTS Sedan AWD Luxury with 15,000 miles per year are 1.8% and 47%, respectively.
Unfortunately, I don't believe that General Motors is currently providing any owner loyalty cash incentives on this car.
Car_man
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#449 of 945 Re: 2010 CTS 36 month Lease rates [birdlivs]
by Car_man HOST
Sep 01, 2010 (3:47 am)
Hello birdlivs.
Through September 7th, GMAC' base lease rate and residual value for a 36 month lease of a base 2010 Cadillac CTS Sedan with 12,000 miles per year are 1.8% and 43%, respectively.
The numbers for the 2010 CTS Sedan Luxury are the same.
Car_man
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#450 of 945 Re: No Leasing Calculator Here! [alexpartagas]
by Car_man HOST
Sep 01, 2010 (3:53 am)
You're very welcome, Alex.
According to my calculations, if you were to lease a 2010 Cadillac CTS Sedan Premium 2WD that has an MSRP of $48,685 and a selling price of 40,260 ($46,685 - $6,425 lease cash) through GMAC right now for 36 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $557.
Car_man
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#451 of 945 Re: CTS lease 2010 [simon24]
by Car_man HOST
Sep 01, 2010 (3:58 am)
Hi simon24. Most likely General Motors is taking the cash incentives that are currently available on leases of the CTS into account in its advertised payments. Having said that, most manufacturers' official advertised payments tend to leave a little meat on the bone so to speak. It makes sense if one thinks about it. Dealers would be pretty irritated with the automaker that they are affiliated with if they advertised the skinniest possible deal on a car or truck.
If I was interested in leasing a 2010 Cadillac CTS right now, I personally would shoot for a selling price of around $500 over dealer invoice minus the $6,425 cash incentive that is available on leases of it through GMAC.
Car_man
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#452 of 945 Re: CTS - Cash incentive? [Car_man]
by suzay22
Sep 15, 2010 (6:16 pm)
Thanks for the info.....I'm still deciding between two vehicles however, the rates and residual values are way better for the 2011 CTS that after I did the calculations, even with the $6425 it is less to lease the 2011 model. Would you agree with that?
#453 of 945 Re: CTS lease 2010 [Car_man]
by autoboy19
Sep 19, 2010 (6:48 pm)
Car_man,
Do you have the current money factor, residual and CCR for the 2010 and 2011 CTS-V for 27 and 36 months with 15k miles per year?
Thanks
#454 of 945 Re: CTS - Cash incentive? [suzay22]
by Car_man HOST
Sep 20, 2010 (2:32 am)
That's probably a reasonable assumption, suzay22. This late in the model year it is often less expensive to lease a brand new model than it is to lease a leftover one.
Car_man
Host
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#455 of 945 Re: CTS lease 2010 [autoboy19]
by Car_man HOST
Sep 20, 2010 (2:36 am)
Hey autoboy19. Ally's current base lease rate and residual value for a 36 month lease of a 2011 Cadillac CTS-V Sedan with 15,000 miles per year are 1.05% and 49%, respectively.
When negotiating your deal on this car, make sure to take advantage of the $2,000 cash incentive that is currently available on leases of it through Ally.
General Motors is not providing lease support on the 2010 CTS any longer, but it does have the always attractive 0% financing for up to 6 years on the '10 model.
Car_man
Host
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#456 of 945 Re: CTS lease 2010 [Car_man]
by autoboy19
Sep 20, 2010 (8:06 pm)
Thanks Car_man.
Is there no current 27 month lease program?
Also, do they still have a $1,000 conquest cash? I live in Georgia.