945 messages,
Last post on May 12, 2013 at 10:58 AM
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Cadillac CTS, Cadillac CTS-V, Car Leasing, Sedan
#834 of 945 2012 cts sedan leases
by amloy
Sep 20, 2012 (2:23 pm)
I have two leases for my business
2012 cts sedan 36 month 15000 miles a year
Msrp 51520
Savings 6250
Cap cost 45,270
Bank fee 695
Total lease cap 45,965
Residual 27,305
Total depreciation 18,659.40
Monthly lease pmt 644.88
Zero down
2012 Cts v sedan
24 month 40,000 miles a year
Msrp 69,240
Savings 6,000
Cap cost 63,240
Bank fee 395
Total lease cap cost 63,635
Residual 31,544
Total depreciation 32,091
Monthly lease pmt 1,595.01
Zero down
Are these good terms? Is there a deadline for leasing 2012 cadillacs by gm....dealer is saying monday?
#835 of 945 Re: Cadillac CTS: Lease Questions [Car_man]
by juleswinnfield
Sep 22, 2012 (12:50 pm)
Hi Car Man,
I am looking to lease (or even purchase) a 2012 CTS sedan. I have a few questions that I am hoping you can help me with:
What are the most currents residuals and money factors for a 24 and 36 month lease with 15k miles? Also will the financing company (Ally or USAA) allow you to pre-purchase some additional miles cheaper and if so, how much?
What are the current rebates offered on this sedan? I've seen anywhere from $3,000 to $6500 but without any descriptive or qualifying information. I've also seen that they "expire 9/24". Now, I would imagine if thats the case, they are going to be renewed or replaced with better ones but is it better to wait another couple days or deal now?
Thanks so much.
#836 of 945 Re: CTS-V [dave328]
by Car_man HOST
Sep 25, 2012 (3:39 pm)
Hi dave328. Ally's September base lease rate and residual value for a 36-month lease of a 2013 Cadillac CTS-V Wagon with 15,000 miles per year are 2.0% and 53%, respectively.
The numbers for an otherwise identical lease of a 2012 model are 1.75% and 53%.
As far as cash incentives go, GM is currently providing $1,150 on 36-month leases of the '13 model through Ally and $2,625 on the '12 model.
Car_man
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#837 of 945 Re: Cadillac CTS: Lease Questions [juleswinnfield]
by Car_man HOST
Sep 25, 2012 (3:47 pm)
Hi juleswinnfield. Ally's September base lease rate and residual value for a 24-month lease of a 2012 CTS Sedan with 15,000 miles per year are 1.0% and 60%, respectively.
The numbers for an otherwise identical 36-month lease are 1.75% and 53%.
Most banks will allow consumers to purchase additional miles at lease signing at a discount to what they would cost at lease end, but I don't know the exact price that Ally charges at signing for Cadillac miles.
There is a $2,625 cash incentive on 36-month leases of this car through Ally.
I have heard that some of GM's leases on 2012 models were scheduled to expire on 9/24. I'll check to see if anything has changed.
Car_man
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#838 of 945 Re: CTS-V [Car_man]
by dave328
Sep 26, 2012 (3:06 pm)
Thanks very much. You are most helpful.
#839 of 945 Still lease a 2012 CTS-V coupe?
by mjoppru
Oct 07, 2012 (6:12 pm)
Hi carman,
Dealer says they can no longer offer leases on the 2012 models? If true, do you know if they have pumped up the dealer cash to sell them? I don't see anything about that, but I can't believe they want to hang on to these cars either.
Thanks
Mark
Oct 08, 2012 (7:02 pm)
Hi,
I'm looking for the lease residual, money factor, for a 2013 CTS-V wagon with 20,000 miles/ year, 36 months
Thanks
#841 of 945 Re: CTS-V [dave328]
by Car_man HOST
Oct 10, 2012 (3:44 pm)
You're very welcome dave328.
Car_man
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#842 of 945 Re: Still lease a 2012 CTS-V coupe? [mjoppru]
by Car_man HOST
Oct 10, 2012 (3:47 pm)
Hi Mark. Vehicles' residual values gradually decline as the model year progresses. This means that in order to maintain attractive lease payments, manufacturers have to increase their lease support in terms of cash or low rates or both as the year goes on. Typically at the end of the model year the residual values drop to the point where it no longer makes sense for the manufacturer to offer leases on leftover vehicles. General Motors has pulled the plug on its lease support for most '12s at this point.
If you really want a 2012 CTS you may want to consider financing it at 0% for 5 years...or just leasing a 2013 model.
Car_man
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#843 of 945 Re: 2013 CTS-V [tblackey]
by Car_man HOST
Oct 10, 2012 (3:49 pm)
Hi tblackey. Ally's October base lease rate and residual value for a 36-month lease of a 2013 CTS-V Wagon with 15,000 miles per year are 2.0% and 53%, respectively.
When negotiating your deal on this car, make sure to take advantage of the $1,850 cash incentive that is currently available on 36-month leases of it through Ally.
As I mentioned in my previous reply to you, if you need 20,000 miles per year, buy them on a per-mile basis at lease signing.
Car_man
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