Last week, we told you about an awesome lease deal on the 2016 Cadillac ATS-V Sedan. But those who don’t feel the need to have the 3.6L Twin-Turbo V6 LF4 making 464 horsepower and are instead interested in a more conventional variant of Cadillac’s compact offering should be aware of this national lease promotion for the base ATS Sedan.
The offer is as follows: lease the 2016 ATS Sedan in the Standard Collection (base trim level) and the 2.5L I4 LCV engine) for $3,329 down payment and only $269 per month for 36 months, for a total of 30,000 miles, or 10,000 miles per year.
Paying the $269 a month for 36 months adds up $9,684. Add the $3,329 downpayment and the total expenditure to drive the ATS for three years is just a tad over $13,000, for a vehicle with an MSRP of $33,215. For the number crunchers out there, that’s the equivalent of paying for 39 percent of the car while using it for three years.
To us, that sounds like a decent deal for those who want a comfortable compact luxury sedan that we, in a word, would describe as “nice”. Sure, the base ATS won’t help you attain the highest level of performance, but that is definitely not at all its purpose. Those interested will need to take delivery by January 4, 2016.
We should note that Cadillac also offers a $750 incentive to current GM lessees. However, it’s not clear whether this $750 offer can be “stacked” with the original deal.
About The Figures
- National ultra-low mileage lease for qualified lessees
- $269/month for 36 months
- $3,329 due at signing (after all offers)
- Includes $1,500 cash allowance
- Tax, title, license, dealer fees and optional equipment extra
- $0 security deposit due at signing
- Mileage charge of $0.25 /mile over 30,000 miles
- Only applicable in United States of America, payments may be higher in some states
The Fine Print
Cadillac also includes the following fine print in the offer.
Example based on survey. Each dealer sets own price. Your payments may vary. Payments are for a 2016 CADILLAC ATS Sedan Preferred Equipment Group with an MSRP of $33,215. 36 monthly payments total $9,684. Option to purchase at lease end for an amount to be determined at lease signing. Lessor must approve lease. Take delivery by 01-04-2016. Lessee pays for maintenance, repair, excess wear and disposition fee of $595 or less at end of lease. Payments may be higher in some states. Not available with other offers. Residency restrictions apply.