Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Cadillac ATS Lease Questions

135678

Comments

  • Hopefully I can shed some light on this... I took a look at your deal this morning (great detail by the way). Everything appears to be on the up-and-up, whomever quoted you this took the time to get you rebates that are not open to the entire public... I am assuming that you currently have either a competitiors lease or a cadillac lease that is expiring before December 31.

    The price is slightly back of most dealers invoice and is absolutely a fair deal. If you would like to negotiate $100-$200. Over all a VERY FAIR deal that I would be OK to pay myself.
  • Hi darkom. The money factor that you were quoted looks about right. If you're getting GM Employee pricing you should be getting a good deal on the other important aspect of this lease, the selling price. However, it wouldn't hurt if you found out exactly what you are being charged for the car by the dealer.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Ian. Ally's current base lease rate and residual value for a 36-month lease of a 2013 Cadillac ATS Luxury or Performance with 15,000 miles per year are 1.5% and 58% for consumers who qualify for its top credit tier.

    There is an $800 cash incentive on leases of this car through Ally.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Greetings adiaz2331. Ally's February base lease rate and residual value for a 39-month lease of a 2013 Cadillac ATS Premium with 15,000 miles per year are 1.5% and 56%.

    The numbers for an otherwise identical 48-month lease are 2.5% and 48%.

    GM is currently providing an $800 cash incentive on leases of this car through Ally.

    There's also $1,000 loyalty cash or $1,500 cash to current owners of competitive models.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 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?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • adiaz2331adiaz2331 Posts: 15
    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.
  • ranjohnranjohn Posts: 17
    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!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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
  • 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
  • cwolf9cwolf9 Posts: 2
    Car_man would you happen to know if Ally will be releasing any Tax Credits to dealers this month for lease purchases?
  • will110will110 Posts: 2
    edited March 2013
    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!
  • kd1007kd1007 Posts: 23
    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.
  • msheikh25msheikh25 Posts: 15
    That does not sound like too great of a deal. I've been researching ATS leases also and although its hard to pull of some of the really aggressive deals people post about, I think you should be able to do better. As kc1007 posted, your monthly should be in the $300s with nothing down for a car with an MSRP around 38k.
  • adiaz2331adiaz2331 Posts: 15
    KD1007,

    I realize you are seemingly unhappy with your car, but please stop saying it over and over again. There is a large software update for CUE that is now available at all Cadillac dealerships. Maybe you should call your dealer and schedule an appt. to drop your car off to have the update performed. There are many owners who have given positive feedback regarding the update. As far as your MPG, I'm sure a lot of it has to do with driving habits. There are plenty of people on the Cadillac forums who say they get 30mpg on the highway or very close to it, with close to mid 20's combined driving, after the engine is broken in.
  • ericzoomericzoom Posts: 213
    edited March 2013
    Everyone that has Cue in their ATS, gets the I-Pad.

    Anyone get the $10 month warranty for the run-flats on their ATS?
    I know it's only a small amount, but wasn't sure if it was really needed.
  • kd1007kd1007 Posts: 23
    DO YOU WORK FOR GM? YOU MUST! YOU DIDNT SAY YOU OWN A ATS THEREFORE YOU HAVE ZERO FIRST HAND KNOWLEDGE WITH ALL THE PROBLEMS...

    I WAS AT MY DEALER YESTERDAY ! 8TH TIME WHILE SITTING THERE ANOTHER ATS OWNER WALKED IN WITH PROBLEMS HE ALSO HAS A TURBO

    I ASKED HIM WHAT MPG HE IS GETTING ? HE RESPONDED NOT GOOD ! I SAID SOOOO WHAT IS THE MPG HE SAID 17.5 COMBO WHEN I PULLED MY CAR IN DEALERSHIP MY COMPUTER SAID I WAS GETTING 15.9 MPG

    PS IM NOT A KID IM 63 YRS OLD AND DONT HAVE A LEAD FOOT.

    THEN I ASKED HIM IF HE LIKED HIS RADIO ? HE SAID YOU KNOW THATS ANOTHER THING IM DISAPPOINTED WITH ON THIS CAR SOUNDS CHEAP NOT WHAT HE EXPECTED FROM CADILLAC.
  • ericzoomericzoom Posts: 213
    edited March 2013
    I do agree with you about the radio. The 10 speaker Bose surround system
    does sound very tinny. The next time I bring the car in for service, I'm going
    to have them check the power output of each speaker to see if there
    working correctly.
  • robtroxelrobtroxel Posts: 103
    I often read about new buyers disappointments with the car they just bought and have to wonder why anyone would buy the first model year of any car and expect near perfection? I love the ATS's handling and looks. Test drove the v-6 and almost pulled the trigger but it bugged me greatly about all the add on options and for example no power tilt/telescope wheel is offered!
    If I do go for one, it will be a 14 and it will be a lease to counteract the excessively high list price.

    Either way you take chance as an early buyer but get the cache of being among the first to get an ATS. I'm sure Cadillac will work hard to fix what needs fixing. For me I'd skip the Turbo and run with the V-6. It just loafs getting up to speed.

    By the way, what put the ATS on the radar for me was a downtown holiday showroom in Chicago set up to show off just the ATS and give out free coffee. I signed up for a test drive and got a 50 buck Visa gift card to boot. Yeah, I will probably give the CTS a try. Just not yet.
  • ericzoomericzoom Posts: 213
    For $265 month total on my ATS 2.0T lease, i can learn to live with the 1st. yr.
    shortcomings. It was a complete no brainer for me not to scoop this car up.

    I test drove the base 2.5 engine, and although not bad, it still seemed to be
    lacking power. I found the Turbo to be the perfect balance of power and fuel
    economy, complimenting the great handling of the ATS.
  • robtroxelrobtroxel Posts: 103
    You threw out a great number @ $265 A MONTH! Now share with us the details like how many miles per year? How much did you put down, any trade in? Finally would like to hear more on the drivability of the Turbo. Do you have to spool it up to get the torque and power? Real world mpg averages? What was the list price? Appears Cadillac is getting behind this car to push out some killer lease deals. Good luck with that first year car! I would love to be proven wrong on this!
  • It's def worth $10 a month ... Run-flats tend to have issues depending on how you drive, terrain, etc.

    One tire can cost you $225, if not more, which means that 2 years of warranty = about 1 tire and vice versa...more than worth it
  • You're getting robbed on that pal ... I received a great price in NJ, obviously far for you, but the MSRP is around $47-48K with first month and DMV out, taxes rolled in (NY) it's $474 a month, 12k miles, 36 months
  • Please post your deal and packages/options...I received an offer of $474 on the 3.6, luxury package, with sunroof, nav, and cold .. 12k miles and 36 month term, first month plus d,v out...everything else roles in
  • ericzoomericzoom Posts: 213
    edited March 2013
    Thanks, Here are the details:

    2013 Caddy ATS 2.0T with CUE and sound package. Cargo net and
    Highway safety kit. MSRP. 37,290. 36 months, 10k mi yr.

    Nothing down, 265 month which includes FL. tax.
    It would of been 255 month, but I took the warranty on the run-flat
    tires because they are so expensive to replace. Worth the extra 10
    bucks a month.

    The difference is I have a GM rewards card, and they upped my
    earnings to $3k, plus they gave me the loyalty $1k. They used that
    as my down payment, so there was nothing out of pocket to me.
    That $4k also included the 1st payment, so only 35 payments.
    Amazing deal from an great dealer. (Coral Cadillac)
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey sallurday. Ally's March base lease rate and residual value for a 26-month lease of a 2013 Cadillac ATS 2.5L with 10,000 miles per year are 1.25% and 65%.

    GM is currently providing a $800 cash incentive on leases of this car in most areas.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi cwolf9. I take it that you live in Texas. I haven't heard anything about that, but I wouldn't be surprised if it did.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello,
    What is it on the 3.6 model with performance pack?
This discussion has been closed.