Cadillac Owners Forum banner

1 - 12 of 12 Posts

·
Registered
2013 ctsv
Joined
·
120 Posts
Discussion Starter #1
2013 silver cts-v 4door 6sp manual has polished rims ,the big sunroof, recaro seats..plus a couple of other small options like suede shifter sticker is around 72k
39 months lease with 10k a year for $718 a month with total out of pocket $3700
 

·
Registered
2011 CTS-V sedan HIS, 2012 CTS4 coupe- Her's
Joined
·
317 Posts
Great price, bet the buyout in the end is around $32k which still makes a great deal on the car at about $63k.
 

·
Registered
None
Joined
·
525 Posts
2013 silver cts-v 4door 6sp manual has polished rims ,the big sunroof, recaro seats..plus a couple of other small options like suede shifter sticker is around 72k
39 months lease with 10k a year for $718 a month with total out of pocket $3700
Why so much due up front? Doesn't sound that great to me.
 

·
Registered
2011 CTS-V sedan HIS, 2012 CTS4 coupe- Her's
Joined
·
317 Posts
Usually taxes and fees. Less up front higher payment.

Unless you are in a state that pays the tax on the lease every month instead of upfront
 

·
Registered
None
Joined
·
525 Posts
I would never ever put any money down on a lease. Have them roll it into the payment. The reason is that that money is not recoverable if the vehicle is lost.
 

·
Registered
2013 ctsv
Joined
·
120 Posts
Discussion Starter #6
Usually taxes and fees. Less up front higher payment.

Unless you are in a state that pays the tax on the lease every month instead of upfront
That's correct ! The $4000 is taxes plus first month and registration fees
I'm in New York I think we pay taxes on our monthly payments

Originally I wanted an 09 i still do but I can't find any 6 speeds
 

·
Registered
None
Joined
·
525 Posts
I'm in NY. You can pay taxes up front, but I didn't do that. I did sign and drive. Paid first month and bank fee only.
 

·
Registered
2011 CTS-V sedan HIS, 2012 CTS4 coupe- Her's
Joined
·
317 Posts
state like florida I believe you pay tax on each month's payment, NY you pay based on the lease term.
$20k in lease payments you pay the tax on $20k, either up front or over time. I assumed a lease from someone in Florida thats how I know.
Which is another option for you nunni- check swapalease for someone who wants out of a 10 or 11, assume their lease and then buy the vehicle at the end of the term.

Is it any different than putting a large down payment on a car and having something happen to it year 2? You still get paid "book" value. I would rather have the lower payment and give a few bucks in the beginning. Personal preference really.
Rgaret what is your lease payment and what did the car sticker for?
 

·
Registered
2013 ctsv
Joined
·
120 Posts
Discussion Starter #9
state like florida I believe you pay tax on each month's payment, NY you pay based on the lease term.
$20k in lease payments you pay the tax on $20k, either up front or over time. I assumed a lease from someone in Florida thats how I know.
Which is another option for you nunni- check swapalease for someone who wants out of a 10 or 11, assume their lease and then buy the vehicle at the end of the term.

Is it any different than putting a large down payment on a car and having something happen to it year 2? You still get paid "book" value. I would rather have the lower payment and give a few bucks in the beginning. Personal preference really.
Rgaret what is your lease payment and what did the car sticker for?
I tried that but I seems nobody drives a 6 sp Manuel
 

·
Registered
2011 CTS-V sedan HIS, 2012 CTS4 coupe- Her's
Joined
·
317 Posts
took me 2 months to find the combo I wanted. There were a few minor things on the car I bought but I settled them in the first week of owning the car. Keep at it it will come along. A big thing for me is seeing the car in person, cant trust anyone these days people are usually full of shit.
 

·
Registered
2012 DW CTS-V Sedan 6A Satin Black
Joined
·
68 Posts
Sounds like a decent deal. Similar to what I paid last year (with taxes up front) but my monthly is slightly higher for the exact same lease terms. Looks like you have a better money factor on the lease.
 

·
Registered
None
Joined
·
525 Posts
RobF300 said:
state like florida I believe you pay tax on each month's payment, NY you pay based on the lease term.
$20k in lease payments you pay the tax on $20k, either up front or over time. I assumed a lease from someone in Florida thats how I know.
Which is another option for you nunni- check swapalease for someone who wants out of a 10 or 11, assume their lease and then buy the vehicle at the end of the term.

Is it any different than putting a large down payment on a car and having something happen to it year 2? You still get paid "book" value. I would rather have the lower payment and give a few bucks in the beginning. Personal preference really.
Rgaret what is your lease payment and what did the car sticker for?
My MSRP was around 73k. Cap Cost around 62k, I got the supplier discount which helped a lot. Monthly payment is $839, sign and drive, and they gave me a check to buy out the last 4 months of my BMW lease which was like $3,500. Otherwise my payment would have been around $809. The only reason I did the buyout is because if I had kept the BMW for another 4 months I would have had to buy two new tires and that would have been $1,000 so it was worth it.
 
1 - 12 of 12 Posts
Top