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Cadillac CTS Forum - 2003 through 2007 Forum for discussions regarding the Sigma-based Cadillac CTS.
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Cadillac Forums: Did you BUY or LEASE your CTS / CTS-V?
View Poll Results: Did you buy or lease your CTS / CTS-V?
Leased my CTS 12 21.05%
Bought my CTS 19 33.33%
Leased my CTS-V 4 7.02%
Bought my CTS-V 14 24.56%
Plan to lease a CTS 2 3.51%
Plan to buy a CTS 2 3.51%
Plan to lease a CTS-V 2 3.51%
Plan to buy a CTS-V 2 3.51%
Voters: 57. You may not vote on this poll

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  #1 (permalink)  
Old 03-23-04, 11:57 PM
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Vrocks Vrocks is offline
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Question Did you BUY or LEASE your CTS / CTS-V?

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I leased mine: 2 years 24,000 miles. I only put 15.8K mi. on the vette in two years so I thought this would be ok... but I love driving the V and I've put over 900 miles on her in just 14 days .

Last edited by Vrocks; 03-24-04 at 12:10 AM.
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  #2 (permalink)  
Old 03-24-04, 06:05 PM
2QUICK4U 2QUICK4U is offline
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Re: Did you BUY or LEASE your CTS / CTS-V?

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!
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Old 03-24-04, 06:53 PM
Scott Scott is offline
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Re: Did you BUY or LEASE your CTS / CTS-V?

I bought my CTS. I plan on keeping it forever or as long as I can drive.

Also own a 73 Super Bug and my wife's 79 244 Vovlo (so we were overdue a new car).
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Old 03-24-04, 08:32 PM
CTSV OWNER CTSV OWNER is offline
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Re: Did you BUY or LEASE your CTS / CTS-V?

From what I understand typical Caddys only retain approx 50% of their value after 2 years. The V is so new there is no standard on which to judge. If you look at the closest thing GM has ever made to this car, you would have to consider the old rear wheel drive Impala SS. We had one come in used and I asked about it figureing it was pretty well beat up needed tires body work and had over 110,000 miles on the clock. Boss said he could get $10,000 even in that shape at the auction. Facts are nice Impala SS's are worth a pretty buck.

Time will tell how much resale value this car will have. If you look at MB or BMW they have extreemly attractive rates because their resale rate is very good and will still be worth alot after a two year lease.
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Old 03-24-04, 09:46 PM
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Re: Did you BUY or LEASE your CTS / CTS-V?

I drive about 30K a year and buying made the most sense to me.
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Old 03-24-04, 10:40 PM
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Re: Did you BUY or LEASE your CTS / CTS-V?

Quote:
Originally Posted by 2QUICK4U
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!
3

I may be mistaken, but that's a pretty good number, and for Cadillac a great number no? That should be a 3 year lease, unless I'm wrong, which means Cadillac's residual's are coming up. I know in the Philly area the lease rates on the CTS are better now then when the car first came out.
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Old 03-24-04, 10:42 PM
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Re: Did you BUY or LEASE your CTS / CTS-V?

More CTS V's bought or gonna be bought atm then base CTS's .....
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Old 03-24-04, 11:08 PM
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Re: Did you BUY or LEASE your CTS / CTS-V?

Personally I believe that the results are skewed. In my opinion the V owners are more into their cars and more likely to go online to find others with similar interests. I never went to a Monte Carlo site or a Astro van site and I I have owned several Monte SS's. But as soon as I got my CTSV I had to see others with similar interests.

Just like if you go to a specific brand car cruise. You will find how people love their cars. Then if you go to the repair shop the people will tell you how many problems their cars have and how much junk they are.

Did that make any sence?
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Old 03-25-04, 09:26 AM
ktills45 ktills45 is offline
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Re: Did you BUY or LEASE your CTS / CTS-V?

Quote:
Originally Posted by CTSV OWNER
Personally I believe that the results are skewed. In my opinion the V owners are more into their cars and more likely to go online to find others with similar interests. I never went to a Monte Carlo site or a Astro van site and I I have owned several Monte SS's. But as soon as I got my CTSV I had to see others with similar interests.

Just like if you go to a specific brand car cruise. You will find how people love their cars. Then if you go to the repair shop the people will tell you how many problems their cars have and how much junk they are.

Did that make any sence?
I agree, I'm just crying cause I can't afford the V........
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Old 03-25-04, 09:56 AM
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Re: Did you BUY or LEASE your CTS / CTS-V?

GMAC was offering 53% on at 3y/36k lease.... that is not a poor residual at all. I bought my V, for two reasons:

1. I tend to get out of cars every 18 to 24 months, and there are nasty sales tax effects of having to sell out of a lease with GMAC.

2. I got 3.29% 5yr financing (thank you USAA).
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