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Cadillac DTS Lease Questions

CarMan@EdmundsCarMan@Edmunds Posts: 38,515
edited March 10 in Cadillac
Hi everyone. Please use the following discussion to post any questions that you have about leasing a Cadillac DTS. Thanks.

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  • gteach26gteach26 Posts: 576
    My father-in-law is about to lease a DTS in Miami Florida. Package III with navigation and sunroof. Cap cost is just over 50K. Don't know residual. $1,500 out the door and $720 plus tax 36 months 10K miles per year. Good/bad /ugly?????

    Thanks!!
  • My Dts drives great except on occasion after I turn the key off. and go to turn it back on I get nothing . No grinding or any attempt to start. All the power remains on . After I let it sit for a few minutes it will then start. What is the problem and How do I get it fixed.. Thanks rswallow
  • kyfdxkyfdx Posts: 30,571
    Since this is a pricing discussion... you'll probably have a lot better luck posting your question here:

    2006 Cadillac DTS

    regards,
    kyfdx
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    Prices Paid, Lease Questions, SUVs

  • Hi gteach26. I'd be happy to give you my opinion on your father-in-law's lease if you let me know what the full MSRP of the car that he is interested in is. This is an important number to know for two reasons. The first is that it will enable me to see how much of a discount he is being given. The second reason is that it will help me to calculate a lease payment on his car using GM's actual lease program. We can compare the payment that I come up with to the one that he was quoted.

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  • lanzzlanzz Posts: 75
    Car_Man - can you give me a ballpark feel for the leasing cost for an '06 DTS Performance, with Nav, Sunroof, Chrome Wheels - MSRP $53,9XX -

    I'd like to get an idea of the monthly cost for a 36 month lease, 15,000 miles per year -

    I am eligible for GMS through my employer, so the cost would be $48,2XX -

    Car would be registered in NY, so 8.625% tax - Would like to put almost nothing down, and wanted to see what the payments would be.

    thanks in advance.
  • Hi lanzz. Let's calculate a lease payment on this car and see what we come up with. According to my calculations, if you were to lease a 2006 Cadillac DTS with an MSRP of $53,950 and a selling price of $48,250 through GMAC right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $656.

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  • I just caught this in looking for lease quotes for a DTS level 4. We have been leasing Caddies for several years and are always offered the early release if we go on to another new car. We are interested in the DTS but question the quote we got from our dealer as we were told that the price was less on the car this year then what we paid (if we had bought) for the car we have now. I am looking for a 2 year, no down payment with 15000 miles per year. What should the monthly lease payment be? I am located in Pompano Beach, Florida.
  • I would like to lease a 2006 DTS $41195.00 today but only if I can use GM's Pull Ahead program. My current 36 month lease runs to 5/26/06.When will there be a new pull ahead program. There is no current program at all. My lease runs until 5/26/06.
  • Yes, there is a current pull ahead program. Just announce last week, I think. But it's for leases that expire before April 30, 2006.

    I'd also like to get a new DTS. My current DTS lease expires 6/26/06. I have ordered the exact one I want from a dealer, and I have a feeling they'll figure something out. I made it clear I wouldn't do the deal unless my current lease was terminated early with no penalty. GM wants the business. And I'm sure they'd rather have us do a new lease now rather than risk our considering other brands in 6 months.
  • Hi shortsam. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what these numbers are.

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  • You're very welcome, lanzz.

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  • Hello miegel. As barryob mentioned, GM was running a lease pull ahead program during the month of October and early November. However, I believe that this program expired about a week ago and was not replaced. It is difficult to say when GM will introduce a new pull ahead program.

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  • I have negotiated a selling price of $43,790 on a 2006 DTS LuxII with sun/sound pkg and 17" chrome wheels Black on Black 12,000miles/36 months ZERO down except tax/title/lic.
    Whar is the expected monthly payment I should expect to pay? Thanks for your help. Buying in illinois, 60108 zip
  • I'd be happy to give you an idea of what your lease payment should be like on this car, pete27. However in order for me to do so I need you to provide me with its full MSRP (with the destination charge added in).

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  • MSRP 44,490 WITH ADDITIONAL SUN/SOUND AND 17"CHROME TOTAL IS 47080
    THANKS
  • Thanks for the additional information, pete27. According to my calculations, if you were to lease a 2006 Cadillac DTS with an MSRP of $47,080 and a selling price of $43,790 through GMAC right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $585.

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  • I had ordered a new DTS Luxury III package a couple of months ago, with the hopes that pull ahead would be in effect when it came in. I guess I was right, since the dealer is taking my '03 DTS back with no penalty. Lease expires on 6/26/06. Not leasing the new DTS...buying it.

    Also...I had about $700 in rebate earned from my GM Mastercard. The dealer told me that there was a special promotion going on for Platinum GM Card holders, and that my rebate would be almost $2100. I liked that surprise a lot.
  • You're right, barryob. GM reintroduced its lease pull-ahead program a couple of weeks ago. Through this program current GMAC lessees are eligible to have up to four of their remaining lease payments waived if they purchase or lease a new GM vehicle.

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  • gfarrellgfarrell Posts: 2
    My father wants to lease a 2006 DTS Level II from his dealer in Ft. Myers. The MSRP of the car is $45600. The dealer just faxed me a proposal of $869 down (includes 1st month payment) plus tag fee and $599/month for a 39 month lease. He has factored in a $2000 credit from his GM card. Can you tell me what (if any) discount he is taking off of MSRP to get to that lease payment?

    Thanks a lot
  • lanzzlanzz Posts: 75
    Can you please provide the money factor and residual for a 2006 Cadillac DTS Performance for 36 months and 15,000 miles in NY State?

    Thanks -
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi gfarrell. It's tough to say how much of a discount the quote that you were given includes. It isn't a secret though, all you have to do to find out is ask. I personally would never do business with a dealer that refused to tell me the price of the car they were trying to get me to lease.

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello lanzz. Through April 4th, GMAC's base lease rate and residual value for a 36 month lease of a 2006 Cadillac DTS with 15,000 miles per year are 3.75% and 58%, respectively. As you can see, GMAC uses lease rates instead of money factors to calculate vehicles' lease payments. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.

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  • joep8joep8 Posts: 3
    Are the residual values negotiable? I'm working on a deal for a DTS with 36 months, 15k miles and the dealer is using a 3.75% rate and 54% residual. Has GMAC reduced the residual value 4% on this car since April 4?
  • maxdog3maxdog3 Posts: 2
    Hi Car Man -

    Are these figures for lease rate and residual still acurate for a 36 month lease on a DTS today?

    thanks.
  • maxdog3maxdog3 Posts: 2
    Hi Car Man -

    I am trying to find out the GMAC money rate and residual for a 2 and 3 year 15,000 mile lease on a 2006 DTS.

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    No, joep8, vehicles' residual values are sent by the banks that they are being leased through and are not negotiable. I believe that GMAC's residual values for most vehicles are the same today as they were in April. Its current lease rate and residual value for a 36 month, 15,000 mile per year lease of an '06 DTS are 3.75% and 54%, respectively.

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I am sorry to say, maxdog3, that they are not. If you were to lease a 2006 Cadillac DTS through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 3.75% and 54%, respectively. As you can see, GMAC's residual value for this car dropped 4% for this term from its first quarter lease program.

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey maxdog3. Please see my previous post for this car's 36 month lease program. If you were to lease one through GMAC right now for 24 months with 15,000 miles per year, its lease rate and residual value should be 3.75% and 62%.

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  • twm1944twm1944 Posts: 2
    I am considering the lease on a 2006 DTS Luxury II. MSRP is $44,490 including destination. Term is 39 months and 12,000 miles. I have $1,500 "GM cash" and current $1,000 GM incentive for capital cost buy down. What should I expect to pay.

    thanks
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