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Cadillac CTS Lease Questions

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

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

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


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#369 of 372
Re: CTS lease [artmbgolf] by shaymasdaddy06
Sep 14, 2009 (6:50 pm)
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Replying to: artmbgolf (Sep 04, 2009 10:53 am)

Lease rates for any 2009 car now will be much lower because the 2010s are already on their way or at the dealerships. Unless there are hugh cash incentives to offset the lower residual rates, the best time to lease a new car would be between Jan - Jun of the model year. After that the residuals start to drop and leases become less advantagous.
#370 of 372
Press request by KarenS HOST
Oct 07, 2009 (9:15 am)
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A reporter is looking to speak to consumers who recently leased a GM or Chrysler vehicle in the past two months . Please send your daytime phone number to ctalatiedmunds.com by Thursday, October 8, 2009.
#371 of 372
CTS Wagon Residual / Money Factor by rflor
Nov 24, 2009 (6:23 am)
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Good morning car_man! Do you have the current residual and money factors for the 2010 CTS wagon? I'm looking at the 3.6L Performance AWD style.
#372 of 372
Re: CTS Wagon Residual / Money Factor [rflor] by Car_man HOST
Dec 04, 2009 (3:48 am)
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Replying to: rflor (Nov 24, 2009 6:23 am)

Hi rflor Here's the info that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2010 Cadillac CTS Wagon 3.6L Performance AWD with 15,000 miles per year are 0.80% and 40%, respectively.
 
As you can see, GMAC publishes lease rates instead of money factors for vehicles. One can convert lease rates into approximate money factor equivalents by dividing them by 2400. So a lease rate of 0.80% is equivalent to a money factor of around .00033.
 
You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
 
When negotiating your lease on this wagon, make sure to take advantage of the $2,750 cash incentive that General Motors is currently providing on leases of it through GMAC.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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