Cadillac CTS Lease Questions

948 messages,  Last post on Jun 13, 2013 at 10:20 PM

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

    

#48 of 948 What Should the Numbers Be?! by mlc482

Jun 22, 2006 (11:11 am)

Hello...
 
I have been looking at the Cadillac CTS over the past 6 months, but I am now for sure looking to buy in the near future. I know that I passed up the Season's Best discounts this past winter, but I was wondering if the GM adjusted MSRP's are still in effect.
 
I also saw some advertizing from the Tri-State Cadillac Dealers on their website. I live in New Jersey.
 
If you are a current non-GM lessee, we'll cover up to four remaining payments or up to $2,000 when you purchase or lease a select new and unused 2006 Cadillac vehicle.*
 
I have no idea what that means...I am not a current GM owner, so do I get $2000?
 
Anyways, I am looking at a CTS 3.6 Infrared Automatic.
 
MSRP: $34885.00
 
What figures should I be expecting? I would want to put 2,000 down and be in the mid 300's for the monthly payment on a 39 month term, preferably a 12K lease.
 
Am I in the right ballpark?
 
Thanks for your help.

#49 of 948 [Car_man] Help by cpbnb

Jun 28, 2006 (8:51 am)

Replying to: Car_man (Jun 08, 2006 4:19 am)
Hello Car Man. I am looking at a 2006 CTS 3.6 sticker at $38,320 hoping you can run the numbers at 10k a year and 39 months. I live in SW Florida and will take the trade advise and have them cut a check back .Thanks in advance.
Pete

#50 of 948 Re: What Should the Numbers Be?! [mlc482] by Car_man HOST

Jul 02, 2006 (8:04 am)

Replying to: mlc482 (Jun 22, 2006 11:11 am)
Yes, mlc482, the MSRPs that General Motors lowered a few months ago are still available. I believe that the advertisement that you saw means that if you are currently leasing a non-GM vehicle you are eligible to have GM pay your finally four monthly payments for you (up to a maximum total of $2,000). Unfortunately, this offer doesn't mean that you can just use the two grand to reduce your vehicle's selling price. I would be happy to give you an idea of what sort of lease payment you can expect on this car right now. It would be helpful if you were able to provide me with an approximate selling price for it though. You may be able to get an idea of how much you should pay by visiting the following discussion: "Cadillac CTS: Prices Paid & Buying Experience". If not, then just provide me with its dealer invoice price and I will run some payments for you.
 
Car_man
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Prices Paid Forums

#51 of 948 Re: [Car_man] Help [cpbnb] by Car_man HOST

Jul 02, 2006 (8:09 am)

Replying to: cpbnb (Jun 28, 2006 8:51 am)
Hello Pete. If you were to lease a 2006 Cadillac CTS 3.6 through General Motors Acceptance Corp. right now for 36 months with 12,000 miles per year, its base lease rate and residual value should be 3.95% and 54%, respectively. If you provide me with an approximate selling price for this car, I can tell you what its monthly payment should be like.
 
Car_man
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Prices Paid Forums

#52 of 948 Re: [Car_man] Help [cpbnb] [Car_man] by cpbnb

Jul 05, 2006 (11:26 am)

Replying to: Car_man (Jul 02, 2006 8:09 am)
Thanks Car Man. I can buy at invoice $37,236 msrp is $40,075 10 k per year at 55% and 3.95 39 months. I also have a trade thats got $3,000 equity to put down and there is also a $2,000 dealer cash or rebate. Thanks in advance
Pete

#53 of 948 Re: [Car_man] Help [cpbnb] [Car_man] [cpbnb] by Car_man HOST

Jul 10, 2006 (3:04 am)

Replying to: cpbnb (Jul 05, 2006 11:26 am)
No problem, Pete. Cadillac is no longer providing $2,000 dealer cash on this car. It's now $3,000 customer cash. It doesn't really matter through because I don't believe that either of these incentives were compatible with leases through GMAC. Having said this, GM is providing $3,000 lease cash on leases of '06 CTS 3.6L models right now. Just because this lease cash is out there does not mean that you are automatically entitled to it. The dealer that you are working with may be counting on you not realizing that this cash is available and is hoping that they will be able to keep it. Make sure that it is being taken into account. For now I will assume that it is. OK, according to my calculations, if you were to lease a 2006 Cadillac CTS 3.6L with an MSRP of $40,075 and a selling price of $34,236 through GMAC right now for 39 months with 10,000 miles per year, your zero down, pre-tax monthly payment should be around $406. You can use part of the $3,000 that you get from your trade to pay this car's first month's payment, security deposit, and acquisition fee, but you would be better off using the rest to make a couple of your payments or to supplement them because if you use it as a capitalized cost reduction you risk losing it if your leased vehicle is totaled in an accident or stolen and never recovered.
 
Car_man
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Prices Paid Forums

#54 of 948 Is it a good deal? by cwreal

Jul 18, 2006 (6:42 am)

I'm looking at a 2006 CTS, 3.6L with Luxury Pkg & Auto. List $35,990. with $3,000 cash back & my trade-in $2,000, payments is $578.00 for 48 months with residual of $12,236.00.
 
Is this a good deal for me?

#55 of 948 Is it a good deal? by cwreal

Jul 18, 2006 (6:44 am)

P.S. This price is for 15,000 mile per year, and is a true lease, not a GM Smartbuy.

#56 of 948 06 CTS Sport Lease by jr32

Jul 18, 2006 (10:24 am)

How does this sound:
  
06 CTS 3.8 sport
39 month
12k
sticker $40,060, sale $36k and change
$0 down, taxes rolled in (8.5%)
$3000 in rebates
  
$492 month

#57 of 948 Re: 06 CTS Sport Lease [jr32] by cwreal

Jul 18, 2006 (2:44 pm)

Replying to: jr32 (Jul 18, 2006 10:24 am)
What is the residual?
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