Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions
370 messages, Last post on Oct 07, 2009 at 9:15 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Hi Car_man or others, Here is teh offer I got for a 2006 CTS 3.6L Auto trans demo car with 3k miles on it Selling price: $30900 Residual value: $18011 Monthly payment: $299 + 7.75% tax in IL Cap cost reduction: $2899 Milage allowance: 12K Lease : 39 Months Please tell me if this is the good deal or not
|
|
|
What I'm having trouble understanding is how these dealer incentives work in conjunction with credit scores. I understand that the manufacturer can offer either a financing incentive for the upper-tier credit scores such as 0% for some time. What happens if they offer say, $3000 back in lieu of the 0% financing? Does that require the same upper-tier credit score and, if so, how much would the amount decrease with a lesser credit score. I am looking to take advantage of the $299/mo, 39 mos., $0 down, $1939 at signing listed here at Edmunds.com but I can't figure out if I'm eligible with my credit score, which was 626 a month ago. How would this offer be affected by a mid-tier credit score like mine?
|
|
|
I spoke with a dealer here and he offered me the following: 2006 Cadillac CTS 4dr Sedan (2.8L 6cyl 6M) $33,635 MSRP (Edmunds shows $32,390) $31,800 invoice (Edmunds shows $30,080) 39 months 3.95% base lease rate .53 Residual = $17,826.55 Cost reduction -$2,800 (Edmunds shows -$3,000) Administrative fee "charged by GMAC" $780 All for $32,678 (he says it's invoice + administrative fee + $500 + his cost of sending a driver to get the car from another dealership). Is he lying about the MSRP and invoice here? I understand these things can change, and he said that this car is >200 days old so has the "older MSRP". I am willing to give him $500 but only if he is giving me accurate information in regards to MSRP, invoice, and that the administrative fee is really charged by GMAC.
|
|
|
Forgot to include that that MSRP and invoice includes: M82 5-Speed Shiftable Automatic Transmission ($1,200 MSRP, $996 invoice) CF5 Power Glass Sunroof w/Express Open ($1,200 MSRP, $996 invoice) |
|
|
Replying to: Car_man (Jul 30, 2006 8:08 am) |
|
Does anyone know the money factor that Cadillac is using for its 299/mo setup?
|
|
|
Carman, Any idea what the dealer incentive and Residuals would be for a 2005 CTS. I would like to do a 39 or 48 month with 15,000 miles. A local dealer has a new 2005 CTS with Sport package and Auto Trans. MSRP is 42,000. I am hoping to get about 10,000 off MSRP, maybe more. Nobody was there tonight, gonna go back tomorrow to try to deal.
|
|
| The 2005 CTS I mentioned above has the 1sc package, sport package, luxury package, autotrans. Just curious if they still offer the non-GM owner bonus? | |
|
Replying to: radioative2006 (Aug 03, 2006 8:24 am) Car_man Host Prices Paid Forum
|
|
|
Replying to: aph (Aug 04, 2006 1:19 am) Car_man Host Prices Paid Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Cadillac CTS
2010 Cadillac CTS-V
Browse by Board
Browse by Topic
