Cadillac CTS Lease Questions

945 messages,  Last post on May 12, 2013 at 10:58 AM

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

    

#774 of 945 Cadillac CTS Sedan Lease by fenderusastrat

Jun 10, 2012 (2:05 am)

I just leased the 2012 Cadillac CTS AWD Base model (sticker price was $40,500) for $265/month for 36 months, $0 money and no trade down through US Bank. Wrote a check for $350 (first months payment and $100 doc fee) and drove away! The Cadillac rebates are ridiculous. I got a total of $9000 in rebates from GM through bonus cash for leasing the CTS and lease conquest money. The car was also further discounted because it had 2000 miles on it since it was used as a demo vehicle at the dealership. The brand new car was never titled and still has the full factory warranty, and the car is extremely clean inside and out - not a mark on it. I ended up getting charged around $27k for a $40k car!! As good as brand new for 30% off sticker!! The buyout at the end of the lease is right around $20k. Be wary of leasing through Ally because they have a built in payment of $2500 if you want to buy the car out at the end of the lease term. US Bank's payment to buy out is only $350. Although buying out a vehicle after a lease is not usually smart, in my case the total cost of the car will only end up being $29,500 should I decide to buy it in three years when the lease is up. The car will only cost me $9,500 over three years if I decide to turn it back in. 2009 Base AWD CTS's coming off of leases currently sell for right around $25k, which is $6k more than the buyout payment will be for my CTS in three years! Payments of $265 on a brand new Cadillac CTS, can't beat that... If someone does, please post it here. I'd love to hear about it. Good luck guys!

#775 of 945 Cts Coupe Performance by musclenerd

Jun 13, 2012 (11:46 am)

Coming close to a deal...... what do you guys think? personally, I think they could do better
 
Cadillac CTS Coupe Performance RWD
 
Options - Sunroof, Wheel Locks, High Polished 18' Wheels
 
Here are the numbers
 
MSRP - 46,410
Selling Price - 43845
Rate - 1%
Months - 39
Residual - 45%
Tax- 6.25%
Doc Fee - 161.39
License Fee - 194
Total -45921
Incentives - $5030
Total - 40891
 
Monthly Payment $539

#776 of 945 Re: Cadillac CTS Coupe Lease [musclenerd] by Car_man HOST

Jun 18, 2012 (4:14 pm)

Replying to: musclenerd (Jun 04, 2012 4:08 pm)
Thanks musclenerd. Do you know what this car's MSRP and selling price are? Also, how long was this lease for? This information would be very helpful in evaluating this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#777 of 945 Re: 36 month lease incentive [musclenerd] by Car_man HOST

Jun 18, 2012 (4:18 pm)

Replying to: musclenerd (Jun 06, 2012 10:46 am)
Greetings musclenerd. Ally's June base lease rate and residual value for a 36-month lease of a 2012 Cadillac CTS Coupe Performance with 12,000 miles per year are 1.0% and 46%, respectively.
 
The cash incentive for a 36-month lease of a 2012 CTS Coupe through Ally is $5,030. There's an additional $2,000 cash incentive for current Cadillac owners and lessees and $2,000 for current lessees of non-General Motors vehicles.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#778 of 945 Re: 36 month lease incentive [Car_man] by benneyb

Jun 18, 2012 (11:23 pm)

Replying to: Car_man (Jun 18, 2012 4:18 pm)
Hey Car Man, thanks for all your efforts here. Just curious, these incentive figures that are mentioned, are they listed anywhere? Did a quick check here on Edmunds, but no mention.
 
Thanks in advance.

#779 of 945 June Lease Specials by kbill07

Jun 21, 2012 (10:35 am)

Carman,
 
Do you think these incentives from US Bank will continue throughout the year or is this something that someone should act now? I currently have 8 months on my lease and would rather not break it unless these incentives won't be around in 6 months.

#780 of 945 Re: Cadillac CTS Sedan Lease [fenderusastrat] by kbill07

Jun 22, 2012 (3:48 am)

Replying to: fenderusastrat (Jun 10, 2012 2:05 am)
Fenderusastrat,
 
What made up the $9k in rebates. I see Cadillac is offering $2k for conquest lease and $5k for US Bank. What is the other $2k?

#781 of 945 Incentive Information? by benneyb

Jun 22, 2012 (1:25 pm)

Anyone - the incentive amounts that are mentioned here for Ally and the other sources - are these publicly listed/available anywhere? Would like to know what is out there for us.

#782 of 945 CTS Coupe by kbill07

Jun 26, 2012 (4:41 am)

What is a good price to negotiate on a based CTS Coupe? Should I be trying to aim for Invoice?

#783 of 945 Re: 36 month lease incentive [benneyb] by Car_man HOST

Jul 01, 2012 (2:21 pm)

Replying to: benneyb (Jun 18, 2012 11:23 pm)
Hi benneyb. Not that I am aware of, but they definitely exist.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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