Last post on Dec 29, 2011 at 1:21 AM
You are in the Cadillac CTS/CTS-V
What is this discussion about?
Cadillac CTS, Car Leasing, Sedan
#353 of 379 Re: follow up [cdfinney]
Apr 22, 2009 (5:42 pm)
who did you talk to in LA and what part of town?
#354 of 379 Re: follow up [cdfinney]
Apr 25, 2009 (9:22 am)
You can become a member of a credit union. My two credit unions open membership to anyone who wants to buy a share. The cost is just $25 for that share and that opens your membership. Become a member of a credit union. Some may be for employees only of a certain company, but some are open to anyone. It was a 2,000 discount for me, but I belonged to two. I never showed any proof; I just told them that I was a member of a credit union. Maybe they just trusted me for some reason.
#355 of 379 Tried to lease a CTS
May 11, 2009 (1:24 pm)
I got excited. Saw $7000 capital reduction for leases on the CTS available. In addition I would have GM supplier pricing, a $2000 capital reduction for leasing a vehicle with an expiration date before 10/31 and possibly another $1000 bonus cash. Additionally I would get about $2500 off with the supplier pricing. So a $45,000 CTS becomes something like a lease on a $32,500 Cadillac.
Here's the rub. The lease rate right now for GM Smart lease is 24%. I laughed at them as I walked out. I called a dealer in another town and he too came back with the 24% interest rate. I said I don't know how you could tell a customer that with a straight face. He said yeah, right. He's pretty upset too.
If this is what GM is using my tax money for then the sooner they go out of business and turn this over to someone wanting to do business the faster their recovery will be.
#356 of 379 got it at invoice but with a bunch of free stuff!
May 14, 2009 (1:42 pm)
okay, so we didn't really get that much off the invoice price but we went to Mike Kelly Chevrolet Cadillac in Butler Pennsylvania, and they were very nice and friendly. they actually just threw in a couple hundred worth of extras so we came out satisfied. we bought it at around 38,800 give or take a few i already forgot!
#357 of 379 Press Request
by KarenS HOST
Jun 22, 2009 (7:02 pm)
A reporter from a large newspaper is looking to speak to consumers who is considering purchasing a Cadillac or have purchased one this year. Please send your daytime phone number and the vehicle you own to ctalatiedmunds.com by Thursday, June 25, 2009.
#358 of 379 Lease or Buy
Sep 16, 2009 (11:16 pm)
I recently went to a dealer for quotes on the 2009 CTS. The 48 month lease (12,000 mi/year) quote was $540/month and the financing quote (0% for 72 months) to purchase car was $550/month. No money down for either quotes.
I've always leased my cars for no more than 39 months. So, is 48 months too long to lease a car (i.e. is it worth it)? Since I've never financed a car for purchase before, is 72 months too long of a time period to finance?
#359 of 379 Re: Lease or Buy [ctsfan]
Sep 17, 2009 (9:41 am)
Assuming that both payments include EVERYTHING (taxes, tags, and ALL fees) and assuming that you have no tax incentive to lease, then it really depends on how long you are likely to keep the car. With the lease, you are essentially locked in to the car for the full four years (you could get out sooner, but it will cost you big money). With the purchase, you can plan to keep the car for the full 72 months, but sell it at any time you choose. Either way, I would buy GAP coverage in case the car gets totalled.
Personally, I would buy the car so I could get rid of it if I decided I hated it or if my circumstances changed.
#360 of 379 Re: Lease or Buy [vinnyny]
Sep 17, 2009 (10:39 am)
Thank you vinnyny!
#361 of 379 How much for a new CTS?
Sep 25, 2009 (2:35 pm)
I am going to be looking for a new CTS this week. I am going to pay cash and wonder what kind of a discount there is available? Does anyone know if the incentives will change after OCT. 1st. The 2010 is about to come out,,, wait or buy now. I will keep it at least 6-7 years.
#362 of 379 Re: Lease or Buy [ctsfan]
Sep 26, 2009 (9:19 pm)
You have to determine your situation, howlong you plan to keep the car and stick to it. The 4th year of lease doesn't depreciate too much, so it lowers your payments. You have a 4 year warrenty, but with the 4th year you may need to buy tires. With the lease you have locked in your trade in value, but can use the 60 day return option.
For buying at 0%, I don't think it matters how many months you get the loan for. It will average out to the same overall cost no matter what, so you may as well go for 72 moths.