173 messages,
Last post on May 22, 2013 at 2:13 PM
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Cadillac ATS, Car Buying, Car Leasing, Sedan
#67 of 173 Re: money factor and residual [Car_man]
by adiaz2331
Feb 25, 2013 (8:50 pm)
Car_man, thanks for the information. It is seemingly different from what the dealership provided. They stated that the residuals for a premium model are 58, 57, and 55% for 10,12, and 15k mile 39 month leases, respectively. If you find this conflicting information, do you have any suggestions on the best way to present it without coming off rude? I am not sure if they were checking through ally bank though. Could us bank be offering different figures?
#68 of 173 Re: money factor and residual [adiaz2331]
by Car_man HOST
Mar 05, 2013 (4:39 pm)
You're welcome adiaz2331. General Motors uses all sorts of arcane model codes in its lease bulletin. The residual values that you were quoted by the dealer are probably right and I just misinterpreted them. The important number to focus on is the lease rate because that can often be marked up by dealers. Generally speaking, dealers do not have the ability to alter banks' published residual values.
Car_man
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#69 of 173 Re: money factor and residual [Car_man]
by adiaz2331
Mar 06, 2013 (6:33 am)
Thanks for the reply! That's a good thing to know. I can't wait to get my ATS, right now I'm monitoring the rates each month, as I'm getting closer to the end of my current lease. Hope to have the lease paid off early because I'm almost at my mileage limit! lol.
Mar 07, 2013 (8:52 am)
Hi Carman:
Thanks for your advice on the 328xi. My lease ends in August but I will likely be returning it a month before (to Otto's BMW, PA) since I work at another state and have no time to go back once after July.
So my question would be comparing that 328 xi to an ATS, which has 2.0T, MSRP 45,235, top credit tier, 36 months, 13K (I don't know if GM offers 13K, if not, then around 12K), $0 down, includes sales taxes in PA, what would be the monthly payment after all the incentives (I know this is going to happen in July, but just want to get a sense of what's coming)
Thanks a lot!
#71 of 173 Re: money factor and residual [adiaz2331]
by Car_man HOST
Mar 10, 2013 (7:52 am)
You're welcome adiaz2331. Feel free to come back when you're closer to lease end. I'll be here.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#72 of 173 Re: ATS [ranjohn]
by Car_man HOST
Mar 10, 2013 (7:55 am)
You're welcome ranjohn. Just a heads up, you do not necessarily have to return your leased vehicle to the dealer that you originally leased it from. You can return it to any BMW dealer, as long as you contact them first and let them know. This might make things a little more convenient for you.
You can lease a vehicle through Ally with either 12,000 or 15,000 miles per year.
You can use the lease program data that's available here and the formula that is outlined in the following article to compare payments, Calculate Your Own Lease Payment.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#73 of 173 Re: ATS [Car_man]
by sallurday
Mar 10, 2013 (1:29 pm)
Hey Car_Man. What are the March rates for 2013 ATS base?
I saw the GM Employee price at Cadillac of Novi for March and it's down significantly from last month.
246.83
0 Down
36/10k
Based on 33,990 msrp
#74 of 173 March Lease Incentives
by cwolf9
Mar 12, 2013 (8:27 am)
Car_man would you happen to know if Ally will be releasing any Tax Credits to dealers this month for lease purchases?
#75 of 173 Re: Cadillac ATS Lease Questions [kyfdx]
by will110
Mar 19, 2013 (1:55 pm)
I'm going to lease a 2.0 Turbo soon (probably this week).
Here's where I've got the dealer right now (In Nashville, TN) -- Any thoughts on whether I'm getting a good deal? Also -- What should the residual be right now with the below options?
Negotiated Price =$36,791 (MSRP = $37,795/Invoice = $36,411)
36 mo/15K mile lease
$430/mo
$2,000 down
RWD
Heated Seats (driver and passenger)
CUE and Surround Sound
Premium Floor Mats
Black Raven
Black Interior
6 Speed Auto
No Sunroof
ALSO -- are there any incentives that I should be aware of? I keep hearing about the GM credit card. I don't have one, would it help me significantly to get one before I lease?
Thanks!
#76 of 173 Re: Cadillac ATS Lease Questions [will110]
by kd1007
Mar 19, 2013 (1:57 pm)
I LEASED MINE APPX SAME MSRP FOR $317 A MONTH NOTHING DOWN 12,000 MI 36 MONTHS AND THEY GAVE ME A FREE IPAD
JUST SO YOU KNOW MY TURBO IS GETTING TERRIBLE MPG WAY UNDER 21 CITY IM GETTING COMBO OF 17 SOME OF THAT IS HWY DEALER SAYS THEY CANT DO ANYTING ABOUT IT
I THINK GM WILL BE SUED FOR FALSE CLAIMS ON MPG LIKE Hyundai
ALSO CUE HAS HAD LOTS OF PROBLEMS ! !
LOVE THE LOOKS OF CAR AND DRIVE BUT ITS GOT MAJOR PROBLEMS
K.D.