Cadillac DTS Lease Questions

51 messages, Last post on Nov 06, 2007 at 6:15 PM

What is this discussion about? Cadillac DTS, Car Leasing, Sedan

#50 of 51 Re: DTS August [jmschultz22] by Car_man HOST Aug 27, 2007 (1:19 am)
Replying to: jmschultz22 (Aug 02, 2007 7:34 pm) Here's the information that you're looking for, jmschultz22. GMAC's base lease rate and residual value for a 24 month lease of a 2007 Cadillac DTS with 12,000 miles per year are 3.75% and 64%, respectively. The numbers for an otherwise identical 36 month lease are 3.75% and 57%. When negotiating your lease on the DTS that you are interested in, make sure to take advantage of the $1,000 lease cash that is currently available on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#51 of 51 Help for a neophyte by vic10 Nov 06, 2007 (6:15 pm)
I've always paid cash for my cars (paying myself a monthly car payment which then becomes the cash to buy the replacement vehicle). Typical mileage is 12k per year. And I keep them for approx. 6 years (though an '85 Park Ave. was dumped as soon as the warranty expired at 3 years). I currently own a 2005 300C with 36k miles and am looking at trading it for a DTS (or maybe CTS) in the Spring, and would likely keep it till the RWD DTS arrives in 2010 - 2011 (assuming the new one stays in the current DTS price range). A colleague made the comment that "unless you like to keep your cars for 8 - 10 years, leasing is the most cost effective way have a car". Is that a true statement?