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2013 and earlier Cadillac CTS Lease Questions

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Comments

  • jlkhjlkh Posts: 12
    I am in agreement. I would rather not waste time. Can you attach the samples?
  • delta737hdelta737h Posts: 603
    edited July 2010
    Yes, email me at

    diffeq@zoominternet.net

    and I will send you samples of lease proposals.

    John
  • buster6buster6 Posts: 99
    Car_Man, do you have any info on the 24 or 27 month lease offered this month?
  • jlkhjlkh Posts: 12
    I have these numbers on a CTS AWD,3.6, Premium list price 49590

    22,500 miles for the 27 month. The interest rate is 0.25% with a security deposit and 0.75% without.

    residuals are: 51% 27 month,53% 24 month

    Incentives: CCR $6425, Conquest $1000
  • neil22neil22 Posts: 19
    Car man
    Would like money factor and residual information for 36 months, 15k per year..for a 2010 CTS AWD Luxury, and any cash incentives available

    Thanks
  • traceyvrtraceyvr Posts: 2
    I came across 2 CTS Premiums..1) sticker 39,495 w/12,241 miles, 2) sticker 39,995 w/ 10,075 both fully loaded. Salesman states both cars are valued around 51,000. The cars are not Certified Pre-Owned...salesman stated that they could be listed as CPO for an additional 1300.00, but that CPO's can not be leased. Are these good prices for the miles? And I thought CPO's could be leased...
  • traceyvrtraceyvr Posts: 2
    edited July 2010
    Sorry I didn't state the year they are 2010....
  • Kirstie@EdmundsKirstie@Edmunds Posts: 10,676
    A reporter seeks to interview Southern Californians who bought a certified pre-owned car and love it. Please send your daytime contact information to pr@edmunds.com no later than Monday, July 19, 2010 if you care to share your story.
    Thanks,
    Jeannine Fallon
    Corporate Communications
    Edmunds.com

    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    I certainly do, buster6.

    GMAC's current base lease rate and residual value for a 24 month lease of a base 2010 Cadillac CTS with 15,000 miles per year are 0.25% and 51%, respectively.

    This car's lease rate is the same for all trim levels, but its residual values vary. Let me know if you want a different version of this car and I can give you the exact resid for it.

    Not only is GM's lease rate for the '10 CTS incredibly low, it is providing a whopping $6,425 cash incentive on leases of this car through GMAC right now. Make sure to take this cash into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi neil22. GMAC's July base lease rate and residual value for a 36 month lease of a 2010 Cadillac CTS AWD Luxury Sedan with 15,000 miles per year are 1.8% and 45%, respectively.

    As mentioned in previous posts, when negotiating your deal on this car make sure to take advantage of the $6,425 cash incentive that is available on leases of it through GMAC.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • neil22neil22 Posts: 19
    Thanks car man
    I picked up a 2010 CTS AWD performance MSRP 47585 (3.6 engine,nav, spare tire sunroof) with 3,000 demo/loaner miles..for $390 per month with upfront payment of sales tax, reg, doc fees etc of $3350 on a 39 month lease with 15K miles per year and the dealer paid off the remaining $650 in lease payments on my car
    I think i got a good deal..again thanks for all your help This forum is invaluable
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome, neil22. Congratulations on getting your new ride :shades: ! Thanks for taking the time to let us know how everything turned out. Enjoy!

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • tylerdurden1xtylerdurden1x Posts: 4
    edited July 2010
    Car_man,

    I am looking at the CTS. I am not sure which model I can afford yet but I will probably do a 24 or 27 mo lease. Could you post some of the residuals and MF's on a few of the models for 12k/miles?

    Also everyone is mentioning the $6425 in incentives. How come this is not listed on edmunds? Can you break down all of the incentives for me so I do not seem clueless when i mention that? Also should I try and negotiate that $6425 off of the invoice price? Is that only for lease or are the incentives included if I choose to buy?

    What is the $1000 conquest for? is that included or separate in the $6425?

    Thanks!!
  • bokononbokonon Posts: 9
    edited August 2010
    Car man,

    Do you have lease information for August for the 2010 CTS Wagon? Specifically, does the $6425 lease cash and $1000 conquest from July carry forward? What are the 10K miles/yr 27 month interest rates and residuals for the Performance and Premium styles? Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi tylerdurden1x. GMAC's current base lease rate for a 24 month lease of a 2010 Cadillac CTS with 12,000 miles per year is 0.25%. This car's residual values vary by trim level. You never described the exact car that you're interested in getting. GMAC's current 24 month, 12,000 mile per year resid for a 'base 10 CTS 3.0 RWD is 53%. Let me know if you want a different model.

    General Motors is definitely providing a whopping $6,425 cash incentive on leases of this car through GMAC right now. I'm not sure why this cash does not appear in the incentives section of Edmunds.com, but it definitely exists. I am not affiliated with that section of the site.

    There is an additional $1,000 conquest cash on top of the cash incentive on leases, but only in certain areas. If you tell me where you live, I can tell you whether you are eligible for it.

    If I was in the market for a 2010 CTS right now, I personally would shoot for a selling price of $500 or so over dealer invoice minus all of the available cash incentives.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi bokonon. I believe that GM's July incentives on the 2010 CTS are scheduled to run through September 7th. The lease program and cash incentives that you have seen mentioned for this car in July should still be available in August.

    GMAC's current base lease rate for a 27 month lease of a 2010 CTS Wagon is 0.25%. The 27 month, 10,000 mile per year resid for a '10 CTS Wagon 3.0L Performance RWD is 52%.

    The lease rate for an otherwise identical lease of a 'CTS Wagon 3.0L Premium is the same, but its residual value is 51%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • bokononbokonon Posts: 9
    Thanks, Car_man. Do the residuals change for an AWD model?
  • Hi Car_man

    Do you have any info on 2010 or 2011 CTS-v lease numbers? There are a bunch of '10s here in LA around the $68k sticker price. Ideally, I'm looking for a 3yr/36k miles lease but could go down to 27 months/27k miles.

    Thanks for your time!
  • suzay22suzay22 Posts: 11
    Hi Car man,

    I've leased many vehicles but the $6425 cash incentive is throwing me off base. If I were to lease a 2010 CTS AWD Luxury, are you saying that once I know invoice, then I can take off an additional $6425 below invoice and then do my dealing? I have this feeling like they are going to look at me and say, "where did you get that figure?". So would you please elaborate on that so I know what I am talking about? Thanks a million.

    Interested in lease rates for 36 month/12,000 mile on that model. Current GMAC lessee now.....any extra incentives on turn in to lease again? Thanks!
  • Car_man,

    For this particular vehicle:
    http://www.gmcnorthcounty.com/VehicleDetails/729142513

    What would the incentives, money factor and residual be for a 36mo 15kmi/yr lease?

    Thanks for your help!
This discussion has been closed.