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Cadillac CTS Lease Questions

945 messages,  Last post on May 12, 2013 at 10:58 AM

You are in the Cadillac CTS/CTS-V Forum.

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

    

Messages Page 82 of 95

#811 of 945 Re: Was I overcharged slaes tax on my leaase? [vinspe] by lihpa

Aug 23, 2012 (11:15 am)

Replying to: vinspe (Aug 23, 2012 11:27 am)
I think the amount you may be referring to is tax you have to pay on the rebate. As the general manager explained to me, you get the rebate from cadillac, ally etc, but you have to pay sales tax on the rebate.
 
I think this may be the explanation.

#812 of 945 Re: Was I overcharged slaes tax on my leaase? [lihpa] by vinspe

Aug 23, 2012 (12:55 pm)

Replying to: lihpa (Aug 23, 2012 11:15 am)
Hi:
Thanks for the reply!
 
Thats the explanation I got too....But at a 7% tax rate, that amount is a tax on about $8,900. Rebates only amounted to $6698. ($4k from GM , and $2698 from my GM card).
 
The sales tax amt (if really valid) should be $468.86, not $623.60.
 
This is why I am questioning the tax all together as it does not add up.
 
I will be going to pay them a visit tomorrow and have them make sense of this discrepency.
 
I am also thinking why should I be taxed on the whole rebate as I am not buying the car...only leasing it. Should I not be taxed only on the portion I am leasing?

#813 of 945 Re: Was I overcharged slaes tax on my leaase? [vinspe] by kyfdx HOST

Aug 23, 2012 (4:10 pm)

Replying to: vinspe (Aug 23, 2012 12:55 pm)
Any money paid upfront is also taxed.. not just rebates, but any capital cost reduction..

#814 of 945 2013 CTS Lease? by jcarlough

Aug 23, 2012 (4:44 pm)

My local dealer is out of 2012s. Is there any lease information out for 2013s?

#815 of 945 Re: 2012 CTS Coupe RWD (Base) [lihpa] by Car_man HOST

Aug 26, 2012 (6:56 am)

Replying to: lihpa (Aug 10, 2012 7:36 pm)
Hi lihpa. The selling price that you were quoted for this car, dealer invoice minus the available cash incentives look good to me. Just make sure that the dealer uses Ally's base lease rate of 1.0% to calculate your payment and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#816 of 945 Re: CTS Sedan/Lease rates-cash incentive [dogfightyyyr] by Car_man HOST

Aug 26, 2012 (6:59 am)

Replying to: dogfightyyyr (Aug 14, 2012 7:38 pm)
You're very welcome dogfightyyyr.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#817 of 945 Re: lease info [newctscoupe] by Car_man HOST

Aug 26, 2012 (7:03 am)

Replying to: newctscoupe (Aug 19, 2012 9:17 pm)
Hi newctscoupe. This provides me with a selling price to use in my calculations, but in order to work up a payment I need an MSRP as well. Let me know what this car's MSRP and I'll crunch some numbers for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#818 of 945 Re: CTS sedan and wagon lease rates [lsr2k12] by Car_man HOST

Aug 26, 2012 (7:07 am)

Replying to: lsr2k12 (Aug 20, 2012 9:40 am)
I'd be happy to help you out lsr2k12. Ally's August base lease rate and residual value for a 24-month lease of a 2012 Cadillac CTS Sedan Premium 3.6 with 15,000 miles per year are 1.0% and 60%, respectively.
 
The numbers for an otherwise identical lease of a 2012 CTS Wagon are interestingly the same.
 
When negotiating your lease on this vehicle, make sure to take advantage of the $6,300 cash incentive that is currently available on 24-month leases of the '12 CTS 3.6 Sedan and $2,075 on 24-month leases of the CTS Wagon through Ally.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#819 of 945 Re: 2013 CTS Lease? [jcarlough] by Car_man HOST

Aug 26, 2012 (7:09 am)

Replying to: jcarlough (Aug 23, 2012 4:44 pm)
Hi jcarlough. Yes General Motors has published a lease program for the 2013 CTS. What trim level are you interested in?
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#820 of 945 Re: CTS sedan and wagon lease rates [Car_man] by lsr2k12

Aug 27, 2012 (12:22 pm)

Replying to: Car_man (Aug 26, 2012 7:07 am)
Carman,
 
Could you provide the residuals for the base and V versions of these vehicles as well?
 
I assume the rate and CCR are the same?
 
Also, is there any extra cash available for the Labor Day weekend?
 
Thanks again.

Messages Page 82 of 95

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