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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

    

Messages Page 73 of 95

#718 of 948 Re: 36 month lease incentive [Car_man] by parkside1

Mar 16, 2012 (7:27 am)

Replying to: Car_man (Mar 08, 2012 6:42 pm)
Have a question for the experts within this forum. I am looking to lease a 2012 cts sedan 3.7L v6 awd premium. It stickers at $55,075. The lease deal that I received is 36 month 12k per year at $590 per month with $0 down/out of pocket. Its payoff is $24k at lease end. Is this is a good deal? Am i crazy to pay $55k for a cadillac cts? The vehicle is pretty much loaded with every option.

#719 of 948 2012 Cadillac CTS 3.6L AWD Premium Lease Question by parkside1

Mar 16, 2012 (9:30 am)

I want to know if this lease is a good deal. Its a 2012 Cadillac CTS 3.6L AWD Premium. It stickers at $55k. The lease is 36 months 12k per year. $590 per month with 0 down/0out of pocket. Its payoff would be $24k at lease end. Am I crazy to lease a $55k Cadillac CTS? Please let me know. Thanks.

#720 of 948 CTS Luxury by mixen

Mar 17, 2012 (7:02 pm)

Friday, I signed a deal for a 2012 CTS Luxury edition with AWD and sunroof. 39 months. 39,000 miles. $400 per month; Due at signing -- $400 plus sales tax. Interest rate is .95 percent and residual is 46 percent. I got a lease rebate of $6175 and $2000 private offer rebate. The MSRP was about $44,225. The lease was based on a negotiated price of $42,000 which is about invoice price.

#721 of 948 Re: CTS Luxury [mixen] by alialex12

Mar 19, 2012 (5:34 am)

Replying to: mixen (Mar 17, 2012 7:02 pm)
Hi Mixen!! Did you qualify for the "competitive lease rebate"? if not! please let me know the name of dealer. Thanks!

#722 of 948 rebates by gohatters

Mar 19, 2012 (11:04 am)

Can someone outline the rebates you are talking about?
 
I want to look at a CTS RWD base automatic and it seems like the incentives are good right now. Mixen's deal seems almost unreal!
 
If MSRP is approx $30, what can i expect to negotiate down to?
 
I can't seem to get my numbers to work out to where you are. I don't want to even go to the dealer to look without knowing a framework for payments. Thank you!

#723 of 948 Re: rebates [gohatters] by gohatters

Mar 20, 2012 (8:42 am)

Replying to: gohatters (Mar 19, 2012 11:04 am)
nevermind. i wend back and found the info. Also, these rebates must be the reason for the pretty stellar lease deal being offered by corporate. $2k down & $328/mo for a base CTS Sport. That's pretty cheap. There must be a re-design coming soon or something

#724 of 948 Re: Offers/Rebates [brickfrenzy] by Car_man HOST

Mar 21, 2012 (3:45 pm)

Replying to: brickfrenzy (Mar 14, 2012 9:17 am)
Hey brickfrenzy. The lease rate should be the same for a 39-month lease as they are for a 36-month lease, but the residual values would be 2% lower.
 
The cash allowance for a 39-month lease of a CTS Wagon through Ally would be $5,675.
 
I know these things because I'm the Car Man .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#725 of 948 Re: 36 month lease incentive [parkside1] by Car_man HOST

Mar 21, 2012 (3:47 pm)

Replying to: parkside1 (Mar 16, 2012 7:27 am)
Greetings parkside1. You never mentioned what this car's selling price is. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number it is more difficult to tell how large a dealer discount you are being given and in turn if there is any room left to negotiate. Let us know what the selling price is and I'm sure that either myself or another helpful community member will gladly tell you what they think.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#726 of 948 Re: rebates [gohatters] by Car_man HOST

Mar 21, 2012 (3:50 pm)

Replying to: gohatters (Mar 19, 2012 11:04 am)
hi gohatters. If I was in the market for 2012 Cadillac CTS right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus any available cash incentives. You can look up the invoice price of the exact car that you want over in the New Vehicle Pricing section of Edmunds.com.
 
As far as the incentives go, General Motors is currently providing a whopping $6,175 cash incentive on 36-month leases of the '12 CTS Sedan through Ally.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#727 of 948 The first offer - CTS-V by shayna007

Mar 22, 2012 (1:07 pm)

Hi All,
 
I just got the first offer (in writing) from the dealer. What are your thoughts? I know I can do better, but not sure whether this is close to the best or simply their worst?
 
Our List Price 66,690.00
Discount Savings -3,484.70
Vehicle Selling Price 63,205.30
Document Prep Fee 55.00
License / Title 512.00
Tire / Battery / VTR Fee 8.75
Bank Fee 795.00
Tax on Collected Items 833.88
Total Cap 65,409.93
Down/Cash Cap Reduction -1,355.00
Rebate Savings -8,175.00
Net Cap 55,879.93
 
Base Payment 734.71
Monthly Tax 64.29
36 Month Payment 799.00
Down/Cash Cap Reduction 1,355.00
1st Payment 799.00
Due On Delivery 2,154.00
Rate 0.95 %
Annual Miles 15,000
Residual % [66,690] 46 %
Residual Amount 30,677.40
Tax: 8.75% TAX 8.75 %

Messages Page 73 of 95

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