Cadillac CT4 Blackwing lease offer

Ask the Hackrs
1

From what I can tell, the crazy money factor is costing around $200 per month. This is for a 2022 CT4 Blackwing

The payment quote is $4295 CCR plus first payment due at signing, $1005 mo.

Money Factor: 0.00215
Residual: 50% (Base of 47% +3%)
MSRP: $63,585, Selling price $63,585 + $150 for registration processing. Dealer has no dealer fee, is absorbing all other fees.

  • Sales Price: $63,585

  • Lese End Value: $31,792.50 (50%)

  • Term Length: 39 Months

  • Mile Per Year: 10,000
    The payment quote is $4295 CCR plus first payment due at signing, $1005 mo.

This factors in Fla sales tax. The car is in Texas
The high MF prevents me from taking this deal.

2

At that price if you need to have the car, just buy it.

That’s gross

$43xxx to drive a $6xxx car for 3.25 years? Woof.

8 Likes
3

Choose the 6MT and buy it. You’ll likely have <50% depreciation over 10 years rather than 3.

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4

+1 this, considering its one of the last luxury v8 manuals to exists

5

the CT5 Blackwing is the V8 but this will still hold value

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6

Agreed on buying rather than leasing it. The predecessor to this car, ATS-V, holds its value decently:

A data point: 2016 Cadillac ATS-V Coupe 6-Speed for sale on BaT Auctions - sold for $34,000 on April 16, 2021 (Lot #46,392) | Bring a Trailer
MSRP: $76,035
Sold for: $34,000 after 5 years, 56k miles
Effective residual: 44% after 60 mos

CT4 Blackwing might do better since the MSRP is lower to begin with and it’s among the last high-performance ICE Cadillacs. GM says all new Cadillacs moving forward will be BEV.

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7

Definitely better bought than leased; but honestly… I’ve always seen RS5/RS3s go for that amount.

Always better to buy these. You’ll come out ahead most likely after 3 years, pretty sure they’ll hold their value better than projected and if you finance with a lower interest rate than rent charge then you’re already winning. Just gotta pay the sales tax on the entire purchase amount.

8

Even this guy says no.

woof GIF

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9

I have a good contact (Sales Manager) at a local GMC dealer who also has Cadillac under the umbrella. When he asked about lease numbers for me on the CT4 the GM laughed and told him no one will ever lease these.

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10

I leased my Ats - V and I believe the residual was around 61%. Value absolutely plummeted. 78k car with 19k miles and trade in was in the 30s. They’ve stayed steady now, but also have to consider the market is up. I wouldn’t buy a CT4 BW. CT5 BW manual will be the keeper.

11

Not disagreeing here about buying vs leasing, but with used car prices being inflated + BAT always bringing all the money and then some, can’t really use current values/bat values to guage.

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12

I passed on the car. It’s a 6sp manual car. Buying it is a better way to go but it’s about $6k above my budget. I currently drive a 2017 ATS-V that I bought in 2019 for $40k. Vroom offered $43k today for it. My idea was to sell the ATS-V and pocket some cash and lease the new Blackwing. But the not so great residual and crazy MF makes the deal no good.
Thanks everyone

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13

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