2015 Cadillac ATS Coupe Lease Questions

I don't see any discussions on the ATS Coupe, so I thought I would see if I could get any responses. I got two lease offers on a 2015 ATS Coupe Premium 3.6 RWD.
1. 39 months, 10K miles, $1,500 down and $649 a month.
2. 39 months, 10K miles, $3,500 down and $590 a month.
I don't know the MF and the dealers are not really haggling on this brand new model. On the surface the numbers for 1 look within reason to me.
Any thoughts? Thanks in advance.
1. 39 months, 10K miles, $1,500 down and $649 a month.
2. 39 months, 10K miles, $3,500 down and $590 a month.
I don't know the MF and the dealers are not really haggling on this brand new model. On the surface the numbers for 1 look within reason to me.
Any thoughts? Thanks in advance.
0
Comments
Seems really expensive, but hard to say... I don't have any idea what an ATS Coupe even stickers for...
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New month, tomorrow.. so, maybe then.
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2.10% APR and 56% residual for 36mo, 15K/yr. Subtract 2% for 39 months..
I'm not sure about 18K/yr programs, but if they offer them with a straight percentage residual, then the residual will be 2% lower than the numbers above.
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Msrp of 2015 cadillac ats coupe 3.6L premium package: 51,320
Dealer add on of window tint and nitrogen tires: 329
Total msrp with add on: 51649
Negotiated sales price: 48627
Dealer doc fee: 699
Registration fee: 183.50
Other fees: 109.99
36 month lease, 18000 miles
Apr: 3.3 percent
Residual 56percent
Customer cash of 5000
I know that the money factor appears to be marked up from 2.1. I also know that you said an 18000 miles lease should mean that the residual is 54 percent rather than 56 percent. I'd be interested in your calculations using their numbers and secondarily, your calculations with what the money factor should be. Obviously I wouldn't want to decrease the residual to your number because that is in my favor. Dealer's calculation says monthly payment amount is 663.65. It doesn't seem right. Thanks for your help. State is florida and sales tax is 7 percent.
First.. don't increase the MSRP for dealer add-ons. The MSRP is used to calculate the residual and dealer add-ons don't change that.
I'm going to guess that your 9000 extra miles have to be paid upfront, on a per-mile basis. That is coming out of that whopping $5000 upfront. Assume $0.15-$0.20 per mile.. So, $1350-$1800 is going to pay for the extra mileage.
The APR mark-up is adding about $40/mo. to your payment... $699 doc fee is outrageous, but typical for Florida.
The high mileage allowance is making for an expensive lease.. but, with the APR markups and doc fees, the price is getting ridiculous... $5000 upfront + $663/mo. for a $51K car? shewww
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00073 MF and 59%/57% residual for 36/39 months.
Yes, subtract 2% for 15K/yr
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- 24 months / 10k per
- 36 months / 10k per
Thanks !!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The rates for Nov and Dec were 62% and 0.0007 MF (1.68%) by the way...
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