XT4 Lease

fscat12fscat12 Member Posts: 1
edited December 2018 in Cadillac
what is MF and residual for 44446 area code for the xt4, 24/15, and 36/15
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Answers

  • kyfdxkyfdx Moderator Posts: 267,518
    fscat12 said:

    what is MF and residual for 44446 area code for the xt4, 24/15, and 36/15

    What trim?
    AWD or FWD?

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  • KyleLomaKyleLoma Member Posts: 4
    Hello,

    Looking at the XT4 and they are quoting me a residual value of 53%. Seems low to me when looking at all the upper 50’s people are getting. $54k MSRP, $48k sell price. MF is .00070 that GM “bought down”. $3,000 total drive off/down. $579 month. 10.25% tax. Is this good or are they compensating the low interest with a low ball residual?
  • kyfdxkyfdx Moderator Posts: 267,518
    KyleLoma said:

    Hello,

    Looking at the XT4 and they are quoting me a residual value of 53%. Seems low to me when looking at all the upper 50’s people are getting. $54k MSRP, $48k sell price. MF is .00070 that GM “bought down”. $3,000 total drive off/down. $579 month. 10.25% tax. Is this good or are they compensating the low interest with a low ball residual?

    What trim?
    Also, FWD or AWD?
    Term and mileage allowance?

    Selling price?
    Adjusted CAP cost?

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  • KyleLomaKyleLoma Member Posts: 4
    AWD, Premium, 39/10k
  • KyleLomaKyleLoma Member Posts: 4
    MSRP $54,485. Sell $48,875
  • MichaellMichaell Moderator Posts: 263,763
    KyleLoma said:

    Hello,

    Looking at the XT4 and they are quoting me a residual value of 53%. Seems low to me when looking at all the upper 50’s people are getting. $54k MSRP, $48k sell price. MF is .00070 that GM “bought down”. $3,000 total drive off/down. $579 month. 10.25% tax. Is this good or are they compensating the low interest with a low ball residual?

    KyleLoma said:

    AWD, Premium, 39/10k

    KyleLoma said:

    MSRP $54,485. Sell $48,875

    Premium Luxury AWD
    39/10
    .00029 and 53%

    Dealer cannot alter the residual value; that is set by the bank.

    With the prices provided, I get $590/mo with tax included - using the base MF of .00029.

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  • KyleLomaKyleLoma Member Posts: 4
    So it seems the monthly is a good deal. Thank you for alleviating my concerns!
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