You are here: Forums Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions

Cadillac CTS Lease Questions

372 messages,  Last post on Dec 04, 2009 at 3:48 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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

Messages Page 11 of 38 1 ... 8 9 10 11 12 13 14 ... 38 Prev Next Last

Go To Msg # Search This Discussion

#95 of 372 Re: 39 monthly lease for 2007 CTS w/ auto trans [caddyhova] by Car_man HOST Jan 02, 2007 (3:39 am)
Replying to: caddyhova (Jan 01, 2007 2:03 pm) Thanks for the additional information, caddyhova. OK, so you are considering leasing a 2007 Cadillac CTS 2.8L that has an MSRP of $31,605 and a selling price of $29,500. Given the fact that Cadillac is currently providing $2,145 bonus cash on the '07 CTS, the $2,105 discount that you are being given on this car is not very attractive unless you are able to have any available cash incentives subtracted from it. If you are in an area that has a decent level of competition, I suspect that you would be able to negotiate a selling price that is $500 or so over invoice before any cash incentives are taken into account. Shoot for a price that is more in that range and then have the dealer that you are working with use GMAC's base lease rate to calculate your car's monthly payment. Through January 2nd, GMAC's base lease rate for the 2007 CTS is 3.95%.   Car_man Host Prices Paid Forum
#96 of 372 Current Lease Offer on CTS Evaluation? by apocalypso Jan 16, 2007 (8:41 pm)
Hi Car Man,   Here's the lease I was offered today:   2007 CTS   Sticker 40,280 Invoice 36,991   Offer price 38,167  less -2,000 lease incentive (cap cost reduction) Amount leased 36,167 plus tax, tags, docs   $1,000 down   12K miles/yr.   $702 for 24 months $651 for 27 months   What do you think? Replies to this message: vinnyny (Jan 26, 2007 11:10 am) Car_man (Feb 01, 2007 2:33 am)
#97 of 372 Re: Current Lease Offer on CTS Evaluation? [apocalypso] by vinnyny Jan 26, 2007 (11:10 am)
Replying to: apocalypso (Jan 16, 2007 8:41 pm) apocalypso:   You didn't ask my opinion, so I hope I won't offend you by offering it anyway. $702/month seems way out of whack unless the residuals on the 2007 have dropped through the floor. I'd be surprised if you couldn't knock $100/month off that deal.   If you're not tied solely to the CTS, $700/month plus $1,000 will lease you a whole lot more than a $40k CTS. For example, you could get a loaded: BMW 335, Lexus IS350, or Mecedes C350 and probably get change back from your $1,000 bill. I've seen lightly optioned Corvettes lease for less. If you really love the CTS, you could actually buy it for less than the lease deal you were offered.   Just my opinion, but I would run away from that deal...
#98 of 372 Re: Current Lease Offer on CTS Evaluation? [apocalypso] by Car_man HOST Feb 01, 2007 (2:33 am)
Replying to: apocalypso (Jan 16, 2007 8:41 pm) Hi apocalypso. The selling price that you were offered this car for is $1,176 over dealer invoice. This isn't bad, but there's still some room to play with so it wouldn't hurt to shop around with another Cadillac dealer or two to see if you could beat this deal. You also should stop by the following discussion to see how much other community members have paid for similar cars lately: "Cadillac CTS: Prices Paid & Buying Experience". The $2,000 lease cash that you were told about is correct. Just make sure that the dealer that you are working with is using GMAC's base lease rate of 3.95% to calculate your car's monthly payment.   Car_man Host Prices Paid Forum
#99 of 372 New to leasing by blinddate Feb 16, 2007 (9:27 pm)
I'm new to leasing and was wondering what is the difference is between Lease cash and Bonus cash? How do they factor in to a lease deal? In other words, do you make the best deal you can, and then subtract each from that negotiated price?    Also, where could I find the current lease cash, bonus cash, base lease rate and residual value for a 2007 3.8L CTS? Replies to this message: Car_man (Feb 25, 2007 5:53 pm)
#100 of 372 CTS Lease by caddyhunter Feb 19, 2007 (9:42 am)
MSRP 31330 2415 down 24 months 299 per month 10K do you think this is a good deal Replies to this message: Car_man (Feb 25, 2007 6:07 pm) caddyhunter (Feb 27, 2007 6:15 am)
#101 of 372 Re: New to leasing [blinddate] by Car_man HOST Feb 25, 2007 (5:53 pm)
Replying to: blinddate (Feb 16, 2007 9:27 pm) Greetings blinddate. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   In answer to your specific question, both lease cash and bonus cash can be used to reduce the capitalized costs of leased vehicles. So for the purpose of calculating a lease payment, there essentially is no difference between these two types of cash incentives. Negotiate he lowest possible price that you can on the CTS that you are interested in and then have the dealer that you are working with subtract any available cash incentives from that.   I can give you an idea of what the current lease program is like for the car that you are interested in. You never mentioned how long you want to lease for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Cadillac CTS 3.6L with 15,000 miles per year are 3.95% and 51%, respectively. General Motors is currently providing $2,200 lease cash on this car. Make sure to take it into account when you are negotiating its capitalized cost.   Car_man Host Prices Paid Forum
#102 of 372 Re: CTS Lease [caddyhunter] by Car_man HOST Feb 25, 2007 (6:07 pm)
Replying to: caddyhunter (Feb 19, 2007 9:42 am) Hi caddyhunter. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.   Car_man Host Prices Paid Forum Replies to this message: caddyhunter (Feb 27, 2007 6:15 am)
#103 of 372 Re: CTS Lease [Car_man] by caddyhunter Feb 27, 2007 (6:15 am)
Replying to: Car_man (Feb 25, 2007 6:07 pm) Thanks the agreed selling price is 29,281 and total out of pocket is 2,415 Thanks again.                               Caddyhunter
#104 of 372 What should the price be? by milsey2 Mar 11, 2007 (12:44 pm)
2007 CTS - 2.8L with some options MSRP - $37,620 Invoice - $34,483 What should the down payment and monthly rate pre tax be on a great 36 or 39 month lease - 12K miles per year? How much more would an extra 1K miles per year add? Thank you. Replies to this message: Car_man (Apr 10, 2007 2:23 am)

Messages Page 11 of 38 1 ... 8 9 10 11 12 13 14 ... 38 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Cadillac CTS Lease Questions