15 messages,
Last post on Jun 11, 2013 at 3:24 PM
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Cadillac CTS-V, Car Buying, Car Leasing, Sedan
#2 of 15 residual and money factor
by d_nyholm
Jan 21, 2013 (10:57 am)
Could we start this forum off with the residual and money factors for a ctsv wagon 36 (or 39) months for 12k miles? I am considering one but would like to get an idea of lease payments before I head anywhere close to a dealership.
#3 of 15 Re: residual and money factor [d_nyholm]
by sewellmgr
Jan 23, 2013 (2:01 pm)
Here is some current information for an Automatic Transmission V-Wagon (good thru Feb):
36 Months with Ally
12k per Year: Residual of 55% and MF (Rate) of 2.3%
39 Months with Ally
12k per Year: Residual of 53% and MF (Rate) of 2.3%
36 Months with USB
12k per Year: Residual of 55% and MF (Rate) of 1.21%
39 Months with USB
12k per Year: Residual of 53% and MF (Rate) of 1.21%
**USB Does not Residualize the Gas Guzzler Tax so even with the Higher rate Ally may be a better option.
Hope this helps!
BTW I believe it is a 2% Reduction if you are looking at a M/T.
#4 of 15 Re: residual and money factor [sewellmgr]
by d_nyholm
Jan 23, 2013 (3:13 pm)
Thank you for the information. I guess the leases on these cars are not as favorable as some. The last 2 cars that I leased were about 60% after 39 months. i was hoping that the CTSv would be the same.
#5 of 15 Re: residual and money factor [d_nyholm]
by sewellmgr
Jan 23, 2013 (3:28 pm)
Wow... you have leased some very strong cars then! Our brand new ATS has a residual around 62% after 39 months, but 60% is generally an extremely high residual.
What you do have going for you is that they bumped the Rebate on the V-Wagon to $2690... realistically that equals about 4-5 points on residual when it comes to payment (I find a point in residual equals about $500-$700 on price).
When looking at the strength of the lease it is best to look at all three variables (Residual / Rate / and Rebate). The car is amazing and is certainly worth a look.
#6 of 15 Re: residual and money factor [sewellmgr]
by d_nyholm
Jan 23, 2013 (7:08 pm)
Well as you are previously aware of the Infiniti G37 leases (I know your name from that forum), that is what I am used to leasing. I have a $42K Infiniti that I lease for $370/month and am extremely happy with it. THough that lease is expiring shortly, I am trying to figure out my next move. The MB E350 looks like it leases very well for 24 months, but I am looking for something a little more fun, which leads me to the CTSV Wagon. Is it possible you can give a round about area for CTSV Wagon leases for a $60-$62k msrp? The $60K MB leases about $450-$500/month, but I am thinking the CTSV is going to be in the $600-$700 range...
#7 of 15 Re: residual and money factor [sewellmgr]
by d_nyholm
Jan 23, 2013 (7:13 pm)
Wow, just played with some numbers on a 71K CTSV and got a payment around $790! Oh well
#8 of 15 Lease Terms for March 2013
by krikiter
Mar 08, 2013 (4:39 am)
What are the current numbers for a 2013 CTS-V wagon with manual transmission for 12k
36m? How about 39 months? Thanks in advance for your help!
#9 of 15 Re: Lease Terms for March 2013 [krikiter]
by Car_man HOST
Mar 10, 2013 (8:23 am)
Hi krikiter. I just replied to your identical post over in the main CTS Lease Questions discussion:
http://townhall-talk.edmunds.com/WebX/.ef9d9d4/899
Please check there for my response. Thanks.
Car_man
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#10 of 15 2013 CTS-V Lease
by mpnx2
Mar 22, 2013 (6:54 am)
I posted this in the CTS forum also but then found this one sorry. Thought it may belong here.
Looking to lease a 2013 CTS-V Sedan. Can someone help me with the residual? Is it still 53%. What kind of payments would I expect with 5k down and a tax rate of 8.25 and a sticker of about 72k? I am looking for a 39 month lease with 15k miles.
#11 of 15 Re: 2013 CTS-V Lease [mpnx2]
by Car_man HOST
Mar 24, 2013 (7:22 am)
Hi mpnx2. I just replied to the similar message that you posted in the main CTS Lease Questions discussion. Please check there for my response. Thanks.
Car_man
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