for those of you who leased your CTS-V, what was the residual percentage that you were given? I just talked with a local dealer this afternoon who has a Black V available, and he said the best they could do was 52%! That is rediculous!
That's good! Considering that subsidized leases are not usually available with new, limited production vehicles. Residuals are based on used car markets, of which the CTS-V has none! The *great* lease residuals and rates you see are just like incentives. They are subsidized by the manufacturer to help *sell* the car. Right now GMAC doesn't need to offer anything great on them, and they are unsure of the market 3 or 4 years down the road. So right now the CTS-V carries about the same residuals as the CTS, just a tad (1%) better in some cases. But keep in mind that residuals aren't what really matters - it's the interest rate (or rent charge / money factor as it is called in leasing) as it effects a lease payment more than an interest rate effects a purchase payment. And right now, the CTS-V has NO incentivized rent charges / money factors on leases...In general, limited production / specialty vehicles take a while to develop good, accurate leasing...
Any idea on current money factors and residuals on CTS? 2/24 and 3/36. I'm looking into the CTS as my current lease comes to maturity.
j-w, the best lease right now is the 48 month lease. It's residual is 42% for 15k miles (or +3% for 12k miles), but you also get a $1400 lease *rebate* if you take the 48 (in certain areas atleast).
j-w, the best lease right now is the 48 month lease. It's residual is 42% for 15k miles (or +3% for 12k miles), but you also get a $1400 lease *rebate* if you take the 48 (in certain areas atleast).
Thanks for the info. I'm able to take advantage of GMS as well as the Conquest incentive. The calculator on cadillac.com works, but I was hoping to get a better idea of 2 and 3 year leases.
I can't even recall the last time I kept a car for 4 years. Well... there is a certain '66 Tbird conv. that's been parked in my garage for ages, but that's entirely different!
Thanks for the info. I'm able to take advantage of GMS as well as the Conquest incentive. The calculator on cadillac.com works, but I was hoping to get a better idea of 2 and 3 year leases.
I can't even recall the last time I kept a car for 4 years. Well... there is a certain '66 Tbird conv. that's been parked in my garage for ages, but that's entirely different!
Just remember that almost every year GM has a "Pull ahead" program where you can typically get out of your lease up to 8 months early...
Re: Did you BUY or LEASE your CTS / CTS-V? 
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