Sunday, September 18, 2011

Should I buy a used Cadillac CTS car or lease a new Acura TL?

I am looking at either buying a used Cadillac CTS with no more than 39k miles on it. The prices are in my range about 16-25k depending on what kind of deal the dealer made originally. I figure a cadi will be reliable and I can get a warranty extended. I would probably put down 4k. But I also am looking at possible leasing one of the new Acura TL, or the Infiniti g37. Does anyone have any good advice? |||Buying vs leasing depends on the mileage you put on, the tax breaks you need, and how long you generally keep a car. Consumer Reports offers a reprint of an article about buying vs. leasing--google them and get it.





There's a joker in the deck, too--these days car dealers are drooling to get lease customers--they can figure the payment on deflated depreciation, claim a jiggered resale value, and start with a full retail price--all bad for you. On the other hand, they're dying to sell cars--ANY cars, and this is the time to get the best deals. By the way, the CTS IS a nice car, but how many years old is it to have 39K miles on it? How many per year? Do you get all the maintenance records, and a report from carfax.com as part of your decision-making process? I wouldn't deal with someone who doesn't offer those last two things. Oh yeah, and Consumers Union (Reports) also offers help in buying a used car, and they charge next to nothing.|||Buying a used Cadillac is just asking for problems.





I know it is tempting since you can get a 3 year old one at about half the price of what you would pay new, but in this case you get what you pay for.





My Dad had a 1994, 1998 and 2001 Cadillac STS models he bought used.


The 1994 was a great vehicle, and the other 2 were total garbage. |||If you can hold off . . . do so . . . you may be able to buy a new caddy next year for what you would pay for a used this year . . . inventories are starting to build up . . . so if you can wait until Spring you'll get a much better deal no matter which car you choose





We are also holding off buying a caddy as well . . . my uncle owns a dealership and he told us to wait . . . prices are dropping quick.|||The new Acura TL is by far the ugliest vehicle on the showroom floors today. As much as I like Honda/Acura I can't get past this ugly mug.





Take a really good look at it and the Cadillac should be the obvious choice. But I would lease a new CTS. I wouldn't buy an old Cadillac with 40K miles. |||Lease ONLY if you like the idea of getting a different new car every 3 to 4 years. That way you are only paying for the vehicle during the time you use it.


If you are more apt to keep a car till it is no longer capable of driving any more (or for a lot longer then 4 years) then purchase.


|||The G37 and Acura leases are so-so this month. They will lease better next year, around Feb/March. Manufacturer banks are still charging 6.9%+ interest on the 09 G37 and TL right now. You might want to inquire about low interest financing on the CTS. GM may be willing to give you more discounts since they are having a Red Tag sale.|||NEVER lease.. Get the Cadillac.. The lease will have mileage restrictions and you will be responsible for any dings and scratches.


NEVER lease..





Also, when you pay off the Caddy you will own it. When you pay off the lease, you have nothing.|||My grandma got one of those Cadillacs, they are very nice. I don't like it though, too big and bulky.





If you lease the Acura, you'll have to get a new car in the future. With the Cadillac, you can keep it as long as you want.|||DO NOT lease a car. You end up paying more in the long run, specially if you go over on the miles. and almost everyone does. You are better off buying a 2-3 year old car than leasing a new one.


|||Neither. Leasing is a bad idea (financially), and the Cadillac is absolute rubbish. Buy a used car, but choose something better in your price range.|||lease the Acura|||Cadillac is US made and always better|||Buy used. |||go with the acura or g37, they will last you much longer and are more reliable. plus they have a better resale value|||Get a Lexus 300 LE and you wil never regret it Better than Cad or Acura

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