- #78 of 284
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2006 CTS-V Lease Numbers
by andre1
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Aug 29, 2006 (2:13 pm)
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Car_Man,
It appears that GM is offering $4000 customer cash on all 2006 CTS-V's. How much of that customer cash is eligible to be used if I lease the vehicle? Also, what are the August lease rates(money factor, residual) on 2006 CTS-V for 24 and 36 months for 12K and 15K miles per year. Thanks.
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- #79 of 284
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CTS-V
by carlaw1
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Aug 30, 2006 (11:39 pm)
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Car_man,
I am looking for the same information on the CTS-V. Thanks again.
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- #80 of 284
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Re: Lease numbers for 2006 CTS (Demo car) 3.6 L Automatic [Car_man]
by ctsordie
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Aug 31, 2006 (2:57 pm)
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Replying to: Car_man (Aug 15, 2006 3:19 am)
Car_man
Is it true that gmac REQUIRES a drive off? What is the best way to lease a CTS for $299/mo with $0 down...do you think that's possible or way off course?
Here is the response from the dealership when I inquired about leasing a black 2006:
OK I have one 06CTS blk on blk sunroof,luxury pkge 6cd,navigation, manager demo
3 year lease
1500 drive off
376 + tax = 407
its a Great Deal below invoice
if not would you like a 2007 but it would be much more
im trying to help
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- #81 of 284
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Re: Lease numbers for 2006 CTS (Demo car) 3.6 L Automatic [radioative2006]
by ctsordie
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Aug 31, 2006 (4:35 pm)
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Replying to: radioative2006 (Aug 03, 2006 9:24 am)
This looks like a very good deal to me, especially since it's the 3.6L. How did you get them to give you such a high residual value, and cap cost reduction, was that incentive? Did you end up with the car and are you happy with it?
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- #82 of 284
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Re: 2006 CTS-V Lease Numbers [andre1]
by Car_man HOST
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Sep 18, 2006 (4:38 am)
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Replying to: andre1 (Aug 29, 2006 2:13 pm)
Hey andre1. Unfortunately, the customer cash that General Motors is providing on the 2006 Cadillac CTS is not compatible with special leases through GMAC. GM is providing $2,600 lease cash on the 2006 CTS-V though. GMAC's current base lease rate and residual value for a 24 month lease of a 2006 CTS-V with 15,000 miles per year are 3.95% and 63%, respectively. The numbers for an otherwise identical 36 month lease of this car are 3.95% and 52%. With 12,000 miles per year, its 24 month residual value would be 2% higher and its 36 month residual would be 3% higher.
Car_man
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- #83 of 284
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Re: CTS-V [carlaw1]
by Car_man HOST
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Sep 18, 2006 (4:39 am)
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Replying to: carlaw1 (Aug 30, 2006 11:39 pm)
Hi carlaw1. Check my previous post for the info that you're looking for. Let me know if you have any other questions.
Car_man
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Prices Paid Forum
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- #84 of 284
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Re: Lease numbers for 2006 CTS (Demo car) 3.6 L Automatic [ctsordie]
by Car_man HOST
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Sep 18, 2006 (4:44 am)
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Replying to: ctsordie (Aug 31, 2006 2:57 pm)
Hey ctsordie. Like most banks that lease vehicles, GMAC does not require consumers to make a capitalized cost reduction when leasing. You can and should lease any vehicle that you want through GMAC without making any sort of cap cost reduction. You will have to pay GMAC's $595 lease acquisition fee at signing or roll it into your vehicle's cap cost though. You will have to pay your car's first month's payment at lease signing. I don't know how many miles are on the demo that the dealer that you are working with mentioned, but if it is a demo it better be below dealer invoice before the deduction of the lease cash that is available.
Car_man
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Prices Paid Forum
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- #85 of 284
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2007 Cadillac CTS Lease
by futurecaddyman
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Oct 22, 2006 (4:37 pm)
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Is this a deal?!? I think so...
loaner 2007 Cadillac CTS - basic (no sports package)
Black on Black
MSRP $31575
Sale Price 28490
Net 26345
Tax (6.25%) 1646.56
Vehicle Inventory Tax 65.52
Documentary Fee 50.00
Deputy Fee 5.00
License, Xfer, Title, Registration fees 103.80
Inspection 21.75
Total Cash Price 28237.63
Up front down $3000
38 months
10K miles/yr.
4000 miles on car, get 32500 total
282.86/month
Also have $800 ish on GM card credits - that applies to sale price of vehicle?!?
From Sewell in Dallas
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- #86 of 284
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Re: 2007 Cadillac CTS Lease [futurecaddyman]
by caddyhova
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Oct 30, 2006 (8:27 pm)
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Replying to: futurecaddyman (Oct 22, 2006 4:37 pm)
i got a similar deal but it was brand new with 6 miles on it with msrp of $31605 before all the rebates. i paid $2800 due at lease signing with 38 more payments of $263 + tax = $287 per month. i spoke with 5 different dealers in philly area and finally found one that made this deal. i love the car. goodluck.
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- #87 of 284
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Re: 2007 Cadillac CTS Lease [futurecaddyman]
by Car_man HOST
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Oct 31, 2006 (4:22 am)
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Replying to: futurecaddyman (Oct 22, 2006 4:37 pm)
Hi futurecaddyman. I believe that the dealer invoice price for a base 2007 Cadillac CTS 2.7L with an automatic transmission is around $29,473. As you can see, the selling price that you were quoted is around $1,000 under dealer invoice. The dealer was able to arrive at this price by using the $2,145 bonus cash that is currently available on all Cadillac models. So, this price is really more like $1,045 over invoice, which isn't bad for a brand new car, but I personally would want a little larger discount for one that already has $4,000 miles on it. Make sure to stop by the following discussion to see how much other community members have paid for similar cars lately: "Cadillac CTS: Prices Paid & Buying Experience". Any GM card points that you have can be used as a down payment to reduce the capitalized cost of the car that you want.
Car_man
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Prices Paid Forum
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