945 messages,
Last post on May 12, 2013 at 10:58 AM
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Cadillac CTS, Cadillac CTS-V, Car Leasing, Sedan
#792 of 945 Re: 2012 CTS Coupe RWD (Base) [bullishtaurus]
by Car_man HOST
Jul 16, 2012 (3:26 pm)
Thanks bullishtaurus. I try
. Ally's July base lease rate and residual value for a 36-month lease of a 2012 Cadillac CTS Coupe with 12,000 miles per year are 1.4% and 63%, respectively.
When negotiating your deal on this car, make sure to take advantage of the $825 cash incentive that is available on 36-month leases of it through Ally.
Yes, you should be eligible for the special $2,000 cash incentive for consumers who are currently leasing a non-GM vehicle, but the $2,000 dealer cash is not compatible with the special lease program.
The dealer will likely steer you towards whichever bank is running the best lease program on this car right now, but I doubt that there's much difference between US Bank's and Ally's programs.
Car_man
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#793 of 945 Re: 2012 CTS Coupe RWD (Base) [cellice]
by Car_man HOST
Jul 16, 2012 (3:31 pm)
Hi cellice. The lease rate that you were quoted appears to be slightly high. I believe that Ally's current base rate on a 24-month lease of a '12 CTS Coupe is only 1.0%. Look into that.
If you are trading in a non-General Motors vehicle in the Baltimore area you should be eligible for a $2,000 cash incentive on top of the $3,725 cash incentive that GM is providing on 24-month leases of this car through Ally.
Given all of these cash incentives, I have a feeling that you should be able to do better than the $3,700 discount that you were quoted on this car as well if you shop around.
Car_man
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#794 of 945 Re: CTS-V Coupe/Sedan Lease Rates July 2012 [vitty]
by Car_man HOST
Jul 16, 2012 (3:33 pm)
I certainly can vitty. Ally's July base lease rate and residual value for a 36-month lease of a 2012 CTS-V Coupe with 15,000 miles per year are 1.4% and 55%, respectively.
The numbers for an otherwise identical 24-month lease are 1.0% and 64%.
There is currently a $3,725 cash incentive on 2-year and $825 on 3-year leases of this car. Make sure to take this cash into account when negotiating your car's capitalized cost.
Car_man
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#795 of 945 Re: 2012 CTS Coupe RWD (Base) [Car_man]
by cellice
Jul 16, 2012 (6:51 pm)
Hey, ty for the response CarMan
My goal is to pull the trigger within the next few days so this information is great.The dealership is now giving me the $2000 trade in cash so that is good. A few questions. The $3735 is that in addition to the $4550 that Aly is giving for leasing through them?
Also what is the residuals on a 10K 24M lease. I've spoken with many dealerships and I'm getting from 65% to 68%. That and the rate makes a huge difference.
Finally, How do I convince them that the rate is 1%? I'm also getting a ton of different answers from dealerships. Some are telling me 2% and others 1.4% but none have given me the 1%.
I am purchasing a 2012 CTS Coupe Base AWD. The main dealership I am working with simply told me the incentives are different on the model I'm looking at.
#796 of 945 Re: 2012 CTS Coupe RWD (Base) [cellice]
by Car_man HOST
Jul 19, 2012 (4:12 pm)
Hi cellice. There's only one main cash incentive on leases of the 2012 Cadillac CTS Coupe right now, $3,735 on some models and $4,550 on others. They cannot be combined.
The residual value for a 24-month lease of a 2012 Cadillac CTS Coupe with 10,000 miles per year through Ally is currently 67%.
Actually, all of the rates that you were quoted are correct...for different terms. Ally's July base lease rates are 1.0% for 24-months, 1.4% for 36-months and 2.0% for 48-months. These numbers are definitely correct, so you don't have to convince the dealer of anything. They are either giving you these rates and telling the truth or not and likely lying.
Car_man
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#797 of 945 2012 CTS Sedan Luxury Lease
by fxtool
Aug 02, 2012 (4:32 pm)
Car_man-
Looking for Ally's August rates for a 24 vs 36 month lease and residuals on a 2012 CTS with 12K miles a year
Thanks in advance!
#798 of 945 Re: 2012 CTS Coupe RWD (Base) [Car_man]
by edamon
Aug 03, 2012 (1:16 am)
Car Man,
Are these lease rates the same for the CTS-V? (quite healthy).
thinking the wagon in particular but the 4 door sedan is doable as well.
Thanks.
#799 of 945 Re: 2012 CTS Sedan Luxury Lease [fxtool]
by Car_man HOST
Aug 05, 2012 (6:08 pm)
Hi fxtool. Ally's August base lease rate and residual value for a 24-month lease of a 2012 Cadillac CTS Sedan with 12,000 miles per year are 1.0% and 60%, respectively.
The numbers for an otherwise identical 36-month lease are 1.25% and 55%.
When negotiating your lease on this car, make sure to take advantage of the $4,425 cash incentive for 24-month and $2,675 for 36-month leases of it through Ally.
Car_man
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#800 of 945 Re: 2012 CTS Coupe RWD (Base) [edamon]
by Car_man HOST
Aug 05, 2012 (6:13 pm)
Hi edamon. Yes the lease rates and residual values are exactly the same for the 2012 CTS Coupe and CTS-V Coupe.
Car_man
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#801 of 945 Re: 2012 CTS Coupe RWD (Base) [Car_man]
by edamon
Aug 07, 2012 (1:52 am)
Car_Man,
thanks for the quick reply. Finally a caddy that is leasable (1.25% = .00052 money factor) and 55% residual isn't great but the ally's case incentves on the 24 and 36 mo lease help that out... (~$4400 and ~$2675 respectively).
Does this apply to the sedan and wagon CTS-V's? now I have a 2 year old... need the car sear and not dealing with the hassle of a coupe (if it even fits). Wagon would be a great sleeper...
thanks,
damon