Current 2024 Lease Terms

[Magnetic Flux]

Anyone recently go through a lease on a CT5V BW? Or does anyone work in Cadillac financial department and be willing to share the current market MF and residuals on the car with different lease months and miles?

Recently got quoted some pretty absurd money factors that I can’t believe even in the current interest rate market. Feel free to private message me.

Thanks!

 

[jbawden]

There ain't gonna be no return of my BW

 

[strohw]

Anyone recently go through a lease on a CT5V BW? Or does anyone work in Cadillac financial department and be willing to share the current market MF and residuals on the car with different lease months and miles?

Recently got quoted some pretty absurd money factors that I can’t believe even in the current interest rate market. Feel free to private message me.

Thanks!

GM doesn't want to lease these cars. When they came out 2 years ago, they had inflated MF and low residuals. But, in regards to what your asking, if you ever have question on residuals / MF then look at Edmunds. They have a forum section with threads for nearly all vehicles. This month, the MF should be around .0031 with a 49% residual on a 36/10k.

 

[Magnetic Flux]

GM doesn't want to lease these cars. When they came out 2 years ago, they had inflated MF and low residuals. But, in regards to what your asking, if you ever have question on residuals / MF then look at Edmunds. They have a forum section with threads for nearly all vehicles. This month, the MF should be around .0031 with a 49% residual on a 36/10k.

Yea, I looked through there and there wasn't any recent data so I posted a question. I have used that site for years. You are spot on. They replied shortly after that 36/10 lease had a MF of .00309 and 49% residual. Definitely not attractive offers compared to luxury brands and in general with the economic climate and interest rates, leasing is bad right now.

FWIW, I have no plans on returning the vehicle after the lease as I want to keep it long term. The plan is to use it as a company vehicle to expense lease payments and eat away the depreciation (very common lease practice - only way it makes sense in my mind anyways). Then buy it out as a personal vehicle afterwards.

 

[Barstoolman1127]

The money factor today is about the equivalent of 12% interest

 

[strohw]

The money factor today is about the equivalent of 12% interest

It's MF multiplied by 2400. So .0031 is 7.44 %.

 

[Finally-a-V]

Lease terms for almost any vehicle today with the interest rates are terribly high.