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Looking to see what residuals will be on CTS coupes this month, rebates, lease money factors, etc. since the other incentives expired yesterday.
Another dealer in LI said he would do the order for $800 over invoice, he said there were not these fees but I may have led him on to say that and he has not been too responsive. Try this forum to see if you can get any help from the forum sponsor? I think a lot of them are in the NE and most claim to sell at invoice and folks seems to be happy with the sales price. GM dealer do curtesy delivery (i.e. you order the car in one dealer and arrange to have the car to deliver to your local dealer. You have to pay the local dealer a couple hundred or so for the delivery but if you get a good price, it may be worth it..) Good luck. http://www.cadillacforums.com/forums/cadillac-cts-v-series-forum-2009/
Can anyone tell me whether the GMAC base lease rate is regionalized. I have read on numerous posts that the base rate is 6.1, but all dealers in NE Ohio is quoting 7.1. Is there other factors that dictate what base rate dealers are allowed to use. I tried to get this info from Cadilac (see below) but they gave me an answer that leads me to believe that dealers can use whatever rate they deem appropriate for the market. Thank you for contacting Cadillac and for your interest in the 2008 CTS! We appreciate the time you have taken to write us. Lease incentives and resulting monthly payment amounts take many things into account which are not properly explainable over via email or over the phone. The MSRP of the vehicle, length of lease, capitalized cost reduction, residual value, interest rate, credit rating, and local market conditions will all effect your monthly lease payment. Due to the complicated nature of lease incentives, your preferred Cadillac dealer is in the best position to discuss this information with you. So do the way that the car is equipped dictate the lease rate? I was actually ready to purchase a vehicle until I saw the lease rate which I thought was extremely high. Thanks for your feedback
Dang - I'd trade you my '07 Escalade for our CLS. Seriously I was deciding between these very 2 cars when I got the Escalade. Too bad you are in Florida and I'm in Nebraska - we could just swap.
"Enhanced" residual - sounds like they took 12% off to enhance. This sounds like pretty bad quote you received. I got mine in October and residual was at 56 or 58%. MSRP 64800, negotiated price was in mid 50's. Base payment on 3 year lease was just under 800.
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