Howdy, Stranger!

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





2013 and earlier Cadillac CTS Lease Questions

1252628303133

Comments

  • Hi Car Man,

    Called two local dealers this past week about leasing, went into dealer today.

    Car Whiite 2012 CTS

    MSRP. $52,550
    S/P. $47,819
    15,000 miles a year
    $2,000 first payment out the door. I was looking for two years around $420-430.

    The best they claimed the could do was $4,300 from Ally, not $6,300. Is that offer good in Idaho?
    The best number they could come up with $499 a month for 36 months @ 12000 miles a year.
    Am I thinking wrong or are the off?

    Thanks!
  • After running numbers I'm coming in $390-400 before tax. ????????
  • Please advise if this is good deal on a 2012 Cadillac CTS for 36-Month Lease with 12KMiles/Yr.

    MRSP: $53,130

    Sale Price: $49,826 not including ($5625 in incentives)

    Money Factor .00050

    Residual Value: $29,221.50

    Acquisition/Bank Fee: $695

    Dealer Doc Fee: $87

    Other Fee's: $519 ($432 DMV Fee's, Doc Fee $87)

    Disposition Fee: $395

    $2000 Down is being placed, bringing the payments to $459.77 before taxes. Please advise, thank you.
  • Hi nbaresejr. This car's lease payment will vary depending upon its selling price. Let me know what its invoice price is, New Vehicle Pricing, and I will add a couple of bucks to that and use Ally's current lease program to work up a payment on it for you.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited September 2012
    Hey glimmeriii. The payments that you were shooting for are a little low. We're talking about a $50,000 car here. $499 per month with nothing down for 36 months with 15,000 miles per year actually sounds pretty good for this car.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car Man,

    thanks for getting back to me. The Invoice on the car is $45,741 (its a lux AWD, black diamond paint, nav pkg, and ultra view sun roof). I feel like the dealer is jerking him around, the deal they gave him was $489 for 24 months with 3k down. The more info you can give me the better. Thanks again.

    Original post below:
    Car Man,

    Can you give me an idea of how much it should cost to lease a 2012 CTS Sedan Luxury. MSRP of $48,435. Its going to be a 12,000 mile and 24 month lease.

    Would prefer to put nothing but 1st month down at signing. Thanks so much!
  • I'm thinging about otaining a 2012 CTS AWD premium demo with 7000 miles on it.

    MRSP is $53,615 with selling price of $41,375 after discounts.

    24 mos./ 30,000 with 23,000 drivable miles. I have $851 gm card money with addition $1156 down to cover taxes, license, and first month payment.

    Payments will be $461.00 per month.

    Please advise if this is a good lease rate.
  • Thanks for the additional information, nbaresejr.

    OK, according to my calculations, if you were to lease a 2012 CTS Sedan Luxury AWD that has an MSRP of $48,435 and a selling price of $41,041 ($500 over invoice minus the available cash incentives, your zero down, pre-tax monthly payment would be around $489.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • After revisiting the dealer here are the new figures:

    24months/15,000 per year

    MRSP 53,615

    Prefer Price $51,280

    Demo Discount $3,850 with 7100 mile on it.

    Rebates: CCR $3,325
    EVA $1,250
    COMPETITVE LEASE $2,000
    GEN. MTRS. CARD $ 851
    CASH DUE ON DELIVERY $1,249.99

    Ally ARP: 1.7% WITH RESIDUAL 60%

    Payments will be $413.71 per month.

    Please advise if this is a good monthy rate.
  • dave328dave328 Posts: 29
    edited September 2012
    What are the lease #s for 2012 and 2013 CTS-V wagon? Any incentives for the 2013 lease? I'm interested in 36 mos, ideally.

    Thanks!
  • I have two leases for my business
    2012 cts sedan 36 month 15000 miles a year
    Msrp 51520
    Savings 6250
    Cap cost 45,270
    Bank fee 695
    Total lease cap 45,965
    Residual 27,305
    Total depreciation 18,659.40
    Monthly lease pmt 644.88
    Zero down

    2012 Cts v sedan
    24 month 40,000 miles a year
    Msrp 69,240
    Savings 6,000
    Cap cost 63,240
    Bank fee 395
    Total lease cap cost 63,635
    Residual 31,544
    Total depreciation 32,091
    Monthly lease pmt 1,595.01
    Zero down

    Are these good terms? Is there a deadline for leasing 2012 cadillacs by gm....dealer is saying monday?
  • Hi Car Man,

    I am looking to lease (or even purchase) a 2012 CTS sedan. I have a few questions that I am hoping you can help me with:

    What are the most currents residuals and money factors for a 24 and 36 month lease with 15k miles? Also will the financing company (Ally or USAA) allow you to pre-purchase some additional miles cheaper and if so, how much?

    What are the current rebates offered on this sedan? I've seen anywhere from $3,000 to $6500 but without any descriptive or qualifying information. I've also seen that they "expire 9/24". Now, I would imagine if thats the case, they are going to be renewed or replaced with better ones but is it better to wait another couple days or deal now?

    Thanks so much.
  • Hi dave328. Ally's September base lease rate and residual value for a 36-month lease of a 2013 Cadillac CTS-V Wagon with 15,000 miles per year are 2.0% and 53%, respectively.

    The numbers for an otherwise identical lease of a 2012 model are 1.75% and 53%.

    As far as cash incentives go, GM is currently providing $1,150 on 36-month leases of the '13 model through Ally and $2,625 on the '12 model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi juleswinnfield. Ally's September base lease rate and residual value for a 24-month lease of a 2012 CTS Sedan with 15,000 miles per year are 1.0% and 60%, respectively.

    The numbers for an otherwise identical 36-month lease are 1.75% and 53%.

    Most banks will allow consumers to purchase additional miles at lease signing at a discount to what they would cost at lease end, but I don't know the exact price that Ally charges at signing for Cadillac miles.

    There is a $2,625 cash incentive on 36-month leases of this car through Ally.

    I have heard that some of GM's leases on 2012 models were scheduled to expire on 9/24. I'll check to see if anything has changed.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks very much. You are most helpful.
  • mjopprumjoppru Posts: 14
    Hi carman,

    Dealer says they can no longer offer leases on the 2012 models? If true, do you know if they have pumped up the dealer cash to sell them? I don't see anything about that, but I can't believe they want to hang on to these cars either.

    Thanks
    Mark
  • Hi,

    I'm looking for the lease residual, money factor, for a 2013 CTS-V wagon with 20,000 miles/ year, 36 months

    Thanks
  • You're very welcome dave328.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Mark. Vehicles' residual values gradually decline as the model year progresses. This means that in order to maintain attractive lease payments, manufacturers have to increase their lease support in terms of cash or low rates or both as the year goes on. Typically at the end of the model year the residual values drop to the point where it no longer makes sense for the manufacturer to offer leases on leftover vehicles. General Motors has pulled the plug on its lease support for most '12s at this point.

    If you really want a 2012 CTS you may want to consider financing it at 0% for 5 years...or just leasing a 2013 model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi tblackey. Ally's October base lease rate and residual value for a 36-month lease of a 2013 CTS-V Wagon with 15,000 miles per year are 2.0% and 53%, respectively.

    When negotiating your deal on this car, make sure to take advantage of the $1,850 cash incentive that is currently available on 36-month leases of it through Ally.

    As I mentioned in my previous reply to you, if you need 20,000 miles per year, buy them on a per-mile basis at lease signing.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • betastevebetasteve Posts: 1
    edited October 2012
    Carman,

    Could you let me know what the current lease numbers look like for a 2013 Cadillac CTS-V sedan 36 or 39 month @ 15k per year?

    Thanks!
  • kd1007kd1007 Posts: 23
    edited October 2012
    CARMAN

    MSRP $44,000 3.6 2013 CTS LEASE 10,000 MI YR ZERO $ DOWN CREDIT SCORE 800

    WHAT IS LOWEST MO. LEASE ON 36 OR 39 MO.

    WHATEVER GETS ME NEAR $290 A MO. ? IS IT POSSIBLE???

    THANKS K.D.
  • Hi betasteve. Ally's October base lease rate and residual value for a 36-month lease of a 2013 Cadillac CTS-V with 15,000 miles per year are 2.0% and 53%. General Motors is currently providing a $1,850 cash incentive on 36-month leases of this car through Ally.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi kd1007. It really isn't possible to lease a $44,000 car for less than $300 per month. Even with a decent dealer discount you're still looking at well over $450 per month before tax for a zero down lease of this car through Ally.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • May I ask for the Residual value and MF for CTS 24 month or 36 month, for 10K/year?
  • Hi,
    I am talking to a dealer about leasing a 2013 CTS-V Sedan, for a 39 month Lease, with 15K/year mileage allowance.

    What is the best lease rate and residual I should get for this?
    How Can I lookup residual value percentages, and lease rates? Is there a site for leasing information?

    Please Help..

    Thanks
  • Absolutely ranwangx. Ally's base lease rate and current residual value for a 24-month lease of a 2013 Cadillac CTS Sedan with 10,000 miles per year are 1.0% and 65%. The residual for an otherwise identical 36-month lease are 2.0% and 56%.

    When negotiating your deal on this car, make sure to take advantage of the $1,450 cash incentive that is currently available on 2 year leases of it and $1,850 on 3 year leases of it through Ally.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi vinayasthana. Ally's current base lease rate and residual value for a 39-month lease of a 2013 Cadillac CTS-V Sedan with 15,000 miles per year are 2.0% and 51%.

    When negotiating your deal on this car, make sure to take advantage of the $1,850 cash incentive that is currently available on 39-month leases of it through Ally.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey Carman,

    Can u please tell me how hard it is to turn in a current lease. I've had a 2012 Cadillac CTS sedan for about a year and I am not happy with it. The navigation is really bad and does not work properly. I've sent it to the dealer for repair and it still does not work right. In addition the sunroof makes a creacking noise.

    What I would really like to do is trade in my car for a new 2013 CTS Coupe. It doesn't have to have all the bells and whistles. Do you think the dealer would be willing to accept my car back for a trade in. If so would there a big penalty to pay upfront for returning the car early?

    Thanks for your help.
  • Hi caddymanny. Every situation is different. I'm sure that you definitely could get out of your current CTS lease early if you really wanted to. However, it is usually fairly expensive for consumers to get out of their leases significantly before their scheduled end dates. It will probably cost you money to get out of your CTS early. If you do, I personally wouldn't get another one. There's no guarantee that you won't dislike your new CTS as much as you do your current one.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.