Cadillac Offering Very Attractive Lease On Base 2016 ATS Sedan
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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.
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That’s not a bad lease. but its a base car, 4 cylinder engine, rear wheel drive, vinyl seats, no nav. Go for a premium 3.6 AWD and the MSRP will be over $50,000. Apply the same deal and your monthly payments are over $500 a month. I’m sorry but the ATS just isn’t worth $500 a month.
Not worth $500 a month to who? That’s an overwhelming generalization. I happily pay that much for my 2015 2.0T 6-speed Premium.
I would not pay $500/month (pre-tax) for a car that the accord v6 crushes on a jersey on-ramp.
An Accord V6… the one that underseers into oblivion (nose first) on a curved on-ramp while the ATS and it’s perfect weight distribution takes the curve like a champ? Are we back to measuring the prowess of a vehicle solely based on power output? Shoot, in that case, I better line up for them Hellcats.
Very good deal for those who just want to drive a Cadillac, but the base ATS, with that weak sauce 2.5 and not much equipment can hardly be called a luxury car, entry level or not. That low 30K price is about the MSRP of a nicely equipped Ford Fusion, with lots more power and equipment. No, I should not be comparing the Fusion to the ATS, totally different class, but I think the only ATS worth getting have the 2.0T or the V6, the base 2.5 is just for posing, and its a disgrace that Cadillac is selling that engine and calling the car a “sports sedan”
The ATS 2.5 is exactly comparable to the BMW 320i. It is not about the power or the fastest 0-60; the interior even on the base model ATS is still leaps and bounds beyond that of a Ford Fusion, as is the driving experience and NVH levels. I would throw styling on there as well, but that’s subjective 🙂
I realize the base ATS isn’t a thing of enthusiasts, but it is vital to recognize Its purpose, which it achieves. Those looking for more oomph are always welcome to upgrade up the equipment (and price) ladder.
If you are comparing the ATS to the Fusion in any capacity then you are missing the point of the segment. Each manufacturer in the segment (BMW, MB, Audi) all offer a base model with less than stellar performance compared to their top of the stable mates.
The base models offer an entry point to each brand and have the same basic DNA as their high powered stable mates at an more attainable price.
Unbelievable , an anemic 2.5 Chevy naturally aspirated 4 banger as the base engine of a Cadillac , GM’s most prestigious product sold to the world . Low lease rates , oh yes , you too can be the owner of a fine Cadillac car !! Why buy a dressed up Ford Fusion , a Malibu or Camry why you can move up in the world and be the envy of your neighbors with a Cadillac ATS ??
So the 2.5 ATS moves a a leisurely pace and visibility sacrificed somewhat for the WOW looks , but you are now part of the elite , that upper class who define good taste and refinement !!
You have just described the reason most purchase a BMW 320i…
It’s a good way to get some of the Millennials into the ATS for starters and hope that after the lease is up they go for something better like a CTS . Get some people that would never consider a Cadillac into the showrooms .
I think it’s a good marketing strategy .
It is a good strategy and no different that other manufacturers in the segment that offer an attractive base model lease to encourage volume plus attract new clients to the brand.
Nothing wrong with it.
You couldn’t pay ME $269 a month to drive an ATS with the base motor.
Another way to go would be to simply buy a lightly used ’14-’15 ATS 2.5L. Even nice ones with under 10K can be had in the $23-25K range. If you have good credit (which you will need to get the lease mentioned), put down your $3K, you get a loan at a decent rate for 72 mo. your payment can be at or under $350/mo. You drive it for 3 yrs. (as many miles as you like) and your balance is only $10-13K? You also don’t have the pesky $595 “disposition fee” to pay.
Just read that ATS sales are up a whopping 40% (3451 units) in December 2015 compared to 2014.
No doubt that the attractive lease deals had something to do with it.