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Cadillac ATS Lease Questions

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  • 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
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    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: 38,518
    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: 38,518
    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: 38,518
    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.
This discussion has been closed.