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Thread: Looking to lease ATS

  1. #16
    Fraggy's Avatar
    Fraggy is offline Cadillac Owners Enthusiast
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    Quote Originally Posted by LovemyATS

    <img src="http://www.cadillacforums.com/forums/attachment.php?attachmentid=101872"/>

    This photo is what I think I can reasonably share.

    3.6 AWD Premium with advanced security package, sunroof, black diamond tricoat, 18" polished wheels, and cold weather package.

    MSRP was $52,580, but they discounted the value to $49,472 and gave me some aggressive lease terms for 39 months via US Bank. The dealer was willing to deal, that's for sure!

    Hope that helps!
    Thanks man, helps a ton! Is that a 10k miles lease?


  2. #17
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    Quote Originally Posted by Fraggy

    Thanks man, helps a ton! Is that a 10k miles lease?
    Yes, it is.

  3. #18
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    Re: Looking to lease ATS

    Quote Originally Posted by LovemyATS View Post
    Attachment 101872

    This photo is what I think I can reasonably share.

    3.6 AWD Premium with advanced security package, sunroof, black diamond tricoat, 18" polished wheels, and cold weather package.

    MSRP was $52,580, but they discounted the value to $49,472 and gave me some aggressive lease terms for 39 months via US Bank. The dealer was willing to deal, that's for sure!

    Hope that helps!
    Thanks for posting the details...looks like you really did get a great deal! Its funny that you are from WI. As I mentioned in my OP, when I bought my wife's RX last year, I also went the forum route and found an already negotated deal like this. That deal was also negotiated by a guy in WI, but he had called all around and found the best pricing at a VA dealer so he was the one that flew out here to buy the car and drive back. I don't think I can pull off flying out there though, esp. for a lease....haha .

    Anyways, if anyone in NoVA wants to try to work together to get this deal at a local dealer, let me know. It looks very aggressive; price is right at invoice, 63% residual, and MF seems to be .0002 if I am calculating that right (which means APR of .5%). They would be a lot more willing to work with us if they see they will be getting rid of two or more cars at once (as I saw from my experience last year).

  4. #19
    b4z is offline Cadillac Owners Connoisseur
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    Re: Looking to lease ATS

    Figure $25-30 per month at the most for every $1k you borrow on a lease,and the same $1k for every $1k of money you throw at it. If you look at the lease papers the poster supplied above it falls into that $25-30 per month.

    For comparison a $45k xts the dealers are advertising $499-519 mo for a 10k lease. With 0 down.

    Keep in mind that GM subvents leases by jacking up the residual to help you afford it. If you look at a comparable Audi it wll be $100 more a month because Audi almost never subvents.

    ----------

    Also I am a caddy owner and just got a $1000 private offer which can be used as a cap cost reduction. Call GM and ask if they will give you a private offer.

  5. #20
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    Quote Originally Posted by b4z

    Also I am a caddy owner and just got a $1000 private offer which can be used as a cap cost reduction. Call GM and ask if they will give you a private offer.
    I have a GM Card with only about $100 rebate on it, just received a certificate from GM, with rebate topped off to $2,000, plus the additional $1,000 private offer, for a total of $3,000. Too bad it expires in a month and I still have many months left on my current lease.

  6. #21
    Cisitalia's Avatar
    Cisitalia is offline Cadillac Owners Fanatic
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    Re: Looking to lease ATS

    Quote Originally Posted by msheikh25 View Post
    Anyways, if anyone in NoVA wants to try to work together to get this deal at a local dealer, let me know. It looks very aggressive; price is right at invoice, 63% residual, and MF seems to be .0002 if I am calculating that right (which means APR of .5%). They would be a lot more willing to work with us if they see they will be getting rid of two or more cars at once (as I saw from my experience last year).
    Yes he got an excellent deal. Purchase price at about invoice, the residual is exactly 59% for 10k miles/year and a money factor of 0.00015 or 0.36%. Plus not paying first months payment is nice. The difference between purchase price and gross cap cost typically includes acquisition fee which is $740 at US Bank. His difference is $974, so I am not sure what this was comprised of. My guess is the $740 acquisition fee and maybe a dealer fee of $234. Any way you look at it, he scored a great deal.

    I got a pretty good deal two and a half months ago when demand was more than supply. My car was spec’d out like his except mine was RWD and diamond white tricoat for a MSRP of $51,480. I got about $400 above invoice and a money factor of 0.0006 or 1.44%. That was and still is a pretty good deal. I had to pay up front license registration, first month’s payment and a dealer fee. I rolled in the acquisition fee into the cap cost. The residual was 59% or $30,373 for 10k miles/year for 39 months. The lease payment was about $545 without state tax.

  7. #22
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    Thanks for the feedback, folks. It's good to hear validation that I got a great deal on my lease. The ATS is a fantastic car...I don't regret it at all. I'm glad I didn't order one...it's taking way too long for some of those to be fulfilled. I think I got a much better deal by selecting something from stock inventory, but I understand some people have specific wants/needs and can't go that route.

  8. #23
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    Re: Looking to lease ATS

    Quote Originally Posted by LovemyATS View Post
    Thanks for the feedback, folks. It's good to hear validation that I got a great deal on my lease. The ATS is a fantastic car...I don't regret it at all. I'm glad I didn't order one...it's taking way too long for some of those to be fulfilled. I think I got a much better deal by selecting something from stock inventory, but I understand some people have specific wants/needs and can't go that route.
    Glad to see you were more than satisfied with your ATS deal, LovemyATS! If you would like me to send you a copy of your ATS's build sheet, or investigate any questions further for you, please email me anytime at Katie_Lucille@gmexpert.com.

    Wishing you many happy miles ahead,

    Katie
    Cadillac Customer Service

  9. #24
    nbajam is offline Cadillac Owners Member
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    Re: Looking to lease ATS

    Quote Originally Posted by LovemyATS View Post
    Was brand new...not a demonstrator. Not sure what the MF was...I recall it might be in the .0015 range, but I don't know because it's not on the agreement. Had a great experience at Boucher Cadillac in Waukesha, WI, but you're in VA so that's probably a little too far away for you .

    The only money down was the $89 WI title fee...I am very satisfied with the deal I got.
    Do you mind mentioning who you dealt with at Boucher? I'm from Madison, but usually buy cars in the Milwaukee area. I'm looking at an ATS but still have a couple more months left on my existing lease. You definitely have the best deal that I've seen posted.

    I would've pm'ed you, but I don't see that option on this board.

  10. #25
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    Quote Originally Posted by nbajam

    Do you mind mentioning who you dealt with at Boucher? I'm from Madison, but usually buy cars in the Milwaukee area. I'm looking at an ATS but still have a couple more months left on my existing lease. You definitely have the best deal that I've seen posted.

    I would've pm'ed you, but I don't see that option on this board.
    Talk to Nick, Internet sales manager. We were impressed with his knowledge and the overall sales experience.

  11. #26
    wallus13 is offline Cadillac Owners Member
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    Re: Looking to lease ATS

    I am also working with Boucher on at ATS lease. Looking for Black 2.0 Standard Manual with Cue. They are a little slow to get back to me though which is annoying.

  12. #27
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    Finally Edmunds answered some lease info. The 36mo/15k leases are:

    3.6L 1.5%/58%
    2.0T 2.8%/61%
    2.5L 2.8%/62%

    $800 cash plus $1,500 conquest or $1,000 loyalty.

  13. #28
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    Re: Looking to lease ATS

    Anyone know what the requirements are for getting conquest? Do you have to be trading in a competing vehicle or just prove that you own one currently? Also what is the list of in vehicles that would qualify for conquest?

  14. #29
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    Fraggy is offline Cadillac Owners Enthusiast
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    Quote Originally Posted by msheikh25
    Anyone know what the requirements are for getting conquest? Do you have to be trading in a competing vehicle or just prove that you own one currently? Also what is the list of in vehicles that would qualify for conquest?
    Good question.

  15. #30
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    Quote Originally Posted by msheikh25
    Anyone know what the requirements are for getting conquest? Do you have to be trading in a competing vehicle or just prove that you own one currently? Also what is the list of in vehicles that would qualify for conquest?
    I doubt a trade in is required, usually registration is good enough. Maybe our resident Caddy Customer Reps have the answers.

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