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Cadillac CTS Prices Paid & Buying Experience

363 messages,  Last post on Sep 26, 2009 at 8:21 PM

You are in the Cadillac CTS/CTS-V Forum. Your Hosts are pat & karens

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


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#359 of 363
Re: Lease or Buy [ctsfan] by vinnyny
Sep 17, 2009 (8:41 am)
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Replying to: ctsfan (Sep 16, 2009 10:16 pm)

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 363
Re: Lease or Buy [vinnyny] by ctsfan
Sep 17, 2009 (9:39 am)
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Replying to: vinnyny (Sep 17, 2009 8:41 am)

Thank you vinnyny!
#361 of 363
How much for a new CTS? by marc52
Sep 25, 2009 (1:35 pm)
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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 363
Re: Lease or Buy [ctsfan] by artmbgolf
Sep 26, 2009 (8:19 pm)
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Replying to: ctsfan (Sep 16, 2009 10:16 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.
#363 of 363
Re: How much for a new CTS? [marc52] by artmbgolf
Sep 26, 2009 (8:21 pm)
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Replying to: marc52 (Sep 25, 2009 1:35 pm)

Usually there is no discount for cash. The dealer gets their $ with cash or loan.
 
Normally we have to wait until the next month to see what the rebates will be. Currently there are none on the 2010. If they don't have specials in Oct, Cadillac usually them near the end of the year.

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