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Cadillac ATS General Discussion Forum Discussion, Is this a decent lease? in Cadillac ATS Discussion Forums; good to know...
  1. #46
    rsf507 is offline Cadillac Owners Member
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    Re: Is this a decent lease?

    good to know

  2. #47
    drsketch is offline Cadillac Owners Member
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    Re: Is this a decent lease?

    I got:

    2.0T, awd, cold weather package, cue, sunroof, 17" wheels msrp 41600(roughly, dont remember exact figure)

    I payed 0 down.(FYI to all of you, never put money down on a lease. You are not saving any money, only fronting a large chunk of upfront cash, if you dont have the credit then dont buy a nice car)
    Walked in with car tradein I was 12 months in on 39 month lease, what I owed on it was about 5k more than KBB.(5k loss)

    39months, 12k mile a year - 460 month

  3. #48
    goesquik's Avatar
    goesquik is offline Cadillac Owners Member
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    Here's mine: Detroit area

    2.0T AWD with heated seats and remote start

    10k miles 36 mos

    $349 down $349/mos

  4. #49
    Hoosier Daddy's Avatar
    Hoosier Daddy is online now Moderator
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    Re: Is this a decent lease?

    I'm old fashioned and pay cash for cars unless incentives are great enough to finance or lease (to buy). For example I financed a Ram pickup for 1 day to qualify for a $1000 rebate if purchased thru Chrysler's finance company. Is the residual on any of your leases so low that the payments plus residual total less than the best purchase deal you can get? I assume not, but I've seen some crazy things.

  5. #50
    Atswatcher is offline Cadillac Owners Fanatic
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    Quote Originally Posted by Hoosier Daddy
    I'm old fashioned and pay cash for cars unless incentives are great enough to finance or lease (to buy). For example I financed a Ram pickup for 1 day to qualify for a $1000 rebate if purchased thru Chrysler's finance company. Is the residual on any of your leases so low that the payments plus residual total less than the best purchase deal you can get? I assume not, but I've seen some crazy things.
    The lease deals are really good this month.

    Suggestions for those posting their lease deals, please post at least the following if you can:

    Model and trim.
    MSRP (without dealer's own markup).
    Selling price.
    # of years/annual miles.
    Total drive off $.
    Monthly payment WITHOUT sales tax.

  6. #51
    ericzoom is offline Cadillac Owners Member
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    Re: Is this a decent lease?

    Quote Originally Posted by Atswatcher View Post
    I think it is a good deal.

    The best deal I've seen is on Edmunds, someone in FL got a 2.0T for $255/mo. with $4k drive off. The MSRP was $2k less than yours, but nearly $100 less in payment.

    Don't expect such deal to come often though, likely the dealer took some loss to meet monthly sales goal for volume kick back.
    That would be me. $255 month, plus $10 month for the warranty on the PIA run-flats. (no brainer)
    Total including tax, and also used the 3K GM bonus, and the 1K loyalty for the down payment. Nothing out of pocket, and they also covered my 1st. payment. Unbelievable deal.

  7. #52
    Pie R Squared's Avatar
    Pie R Squared is offline Cadillac Owners Member
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    Re: Is this a decent lease?

    What was the "3K GM Bonus"? I heard of loyaty but not the GM Bonus.

  8. #53
    ericzoom is offline Cadillac Owners Member
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    Re: Is this a decent lease?

    That's if you have a GM credit card, they give you 2% toward a GM vehicle on the amount
    you charge on the card. Several times a year they up the earnings amount as an incentive.
    Came for me at the right time.

  9. #54
    Rongotti is offline Cadillac Owners Member
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    I am considering a lease on a 3.6L Luxury with a sunroof for $4,000 down $419 a month with 12,000 miles a year for 36 or 39 months. How does that sound?

  10. #55
    rsf507 is offline Cadillac Owners Member
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    Re: Is this a decent lease?

    whats the msrp?? I would think you could do a little better, less down I would think and probably (at least a little) less per month. I am paying 420 per month with only 2300 down (from a trade) and the msrp was 47.5k, it was a performance too, not a luxury (but a 2.0, so that matters too)

  11. #56
    Rongotti is offline Cadillac Owners Member
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    How is your credit?
    I have a couple blemishes so I am thinking that might be why

  12. #57
    rsf507 is offline Cadillac Owners Member
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    Re: Is this a decent lease?

    yup, that will do it too. My credit was very good, but I didn't qualify for their top lease because my debt to income looks bad. my Fiances name is not on our house so it looks like I have a lot more debt by myself then I really have, so I had to go through Ally, Cadillac's second lease choice as I was told. Definitely did not help things, they tried to go up $35 a month to which I started to walk out, they ended up only going up $5 a month though, so maybe you have some wiggle room

  13. #58
    Rongotti is offline Cadillac Owners Member
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    Yea I would like to come down to $399 with $1,000 less down

  14. #59
    Fraggy's Avatar
    Fraggy is offline Cadillac Owners Enthusiast
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    Anything new?

  15. #60
    Fraggy's Avatar
    Fraggy is offline Cadillac Owners Enthusiast
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    I just made an offer to my dealer, if he could get me a 2.0 premium, there's one at the local dealership here, although not his dealership, it's MSRP is about $46k, and I'm hoping for about $450 a month, $1000 down, and 12,000 miles a year.

    Does that seem doable?

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