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01-13-2017, 06:45 AM
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#1
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,341
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BOOK by Cadillac
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01-13-2017, 08:09 AM
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#2
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Lord of the rings / 10 Second Club / Meet Coordinator
Join Date: Aug 2004
Location: Millstone Township, NJ
Posts: 6,357
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Nice idea. I'm sure it will fit the needs of certain folks. The variety is nice too.
__________________
97 T/A Ram Air Convt
Forever dyno queen / 777rwhp 662 rwtq @ 17lbs / 10.2 @ 140
'24 Corvette Z06
17 Sierra 2500HD Dmax
81 Turbo TA
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01-13-2017, 09:09 AM
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#3
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The Mayor / 2009 Member of the Year / Moderator
Join Date: Jan 2005
Location: Northwest
Posts: 8,860
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Insurance included, which was interesting.
__________________
1995 Z28 Convertible A4 13.78 @ 100 (CAI, high flow cat, catback, 160 thermo, hypertech, Strano springs, Koni yellows, sway bars, 3 pt. UMI SFC)
2018 Sea Doo GTX - 3 cylinders and das boooooost
Quote:
Originally Posted by BonzoHansen
Is English your 2nd language? Did you graduate high school? Your posts make my head hurt.
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Team FARM
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01-13-2017, 09:57 AM
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#4
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Power Member/NJFBOA Bookie/Moderator
Join Date: Jun 2009
Location: North Jersey = Best Jersey.
Posts: 4,435
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Quote:
Registration, taxes, insurance and maintenance costs are included in the monthly rate and there is no limit on mileage.
The vehicles will be delivered via white-glove concierge to members’ requested locations and exchanged at their leisure or as their needs change. Members can just as easily take to the winding roads in a performance V Series and enjoy a back-mountain winter ski trip in an Escalade in the same week. Alternatively, they can keep an SUV during the winter months and switch to a performance sedan during the summer, with each vehicle picked up and delivered to their doorstep.
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I don't know what the monthly on a new V looks like, but for someone who: - only needs 1 car;
- definitely wants a model that costs $800-$1,000/mo to lease;
- travels often or lives in an area that experiences all 4 seasons;
this could be pretty enticing. That $1,500/month all in doesn't look so bad after you factor in the $800-$1,000/month payment, monthly insurance cost, and the occasional maintenance expense.
Imagine driving a CTS-V year round, except being able to jump into an Escalade for the winter months, or just having a 7-seater at your beck & call for that occasional group trip. The unlimited mileage thing has me perplexed though--there's got to be a catch there.
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1995 Firebird... Stock-ish.
Quote:
Originally Posted by LS1ow
Good. He microwaved my phone 6 years ago, i hope his intake erupts.
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01-13-2017, 10:03 AM
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#5
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The Mayor / 2009 Member of the Year / Moderator
Join Date: Jan 2005
Location: Northwest
Posts: 8,860
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Quote:
Originally Posted by Jersey Mike
I don't know what the monthly on a new V looks like, but for someone who: - only needs 1 car;
- definitely wants a model that costs $800-$1,000/mo to lease;
- travels often or lives in an area that experiences all 4 seasons;
this could be pretty enticing. That $1,500/month all in doesn't look so bad after you factor in the $800-$1,000/month payment, monthly insurance cost, and the occasional maintenance expense.
Imagine driving a CTS-V year round, except being able to jump into an Escalade for the winter months, or just having a 7-seater at your beck & call for that occasional group trip. The unlimited mileage thing has me perplexed though--there's got to be a catch there.
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I saw that you could only switch 8 times a year.
__________________
1995 Z28 Convertible A4 13.78 @ 100 (CAI, high flow cat, catback, 160 thermo, hypertech, Strano springs, Koni yellows, sway bars, 3 pt. UMI SFC)
2018 Sea Doo GTX - 3 cylinders and das boooooost
Quote:
Originally Posted by BonzoHansen
Is English your 2nd language? Did you graduate high school? Your posts make my head hurt.
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Team FARM
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01-13-2017, 10:10 AM
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#6
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,341
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Quote:
Originally Posted by Anti_Rice_Guy
I saw that you could only switch 8 times a year.
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That kinda stinks and seems silly but still, anyone that does serious mileage with commuting or sales etc would be stupid not to do this imo. If the budget is there, it can definitely save you good coin.
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01-13-2017, 10:15 AM
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#7
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13 Second Club / Moderator
Join Date: Jan 2005
Location: Franklin Lakes, NJ
Posts: 8,686
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Only available in NYC at the moment, but the plan is that it is available nationwide. If you travel, say, to California, you could have a CTS-V waiting for you at the airport.
I read you could change 18 times, actually. Also interesting is that they include detailing services.
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01-13-2017, 10:58 AM
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#8
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Power Member/NJFBOA Bookie/Moderator
Join Date: Jun 2009
Location: North Jersey = Best Jersey.
Posts: 4,435
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Hypothetically, let's run with the vacation idea.
Say you take a $600ish/month payment, tack on another $200-or-so in insurance costs, and go on vacation & rent a nice car for 7 days at $100/month. That's your break-even point right there. Doesn't seem so outrageous.
__________________
1995 Firebird... Stock-ish.
Quote:
Originally Posted by LS1ow
Good. He microwaved my phone 6 years ago, i hope his intake erupts.
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01-13-2017, 11:05 AM
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#9
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Lord of the rings / 10 Second Club / Meet Coordinator
Join Date: Aug 2004
Location: Millstone Township, NJ
Posts: 6,357
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Quote:
Originally Posted by Jersey Mike
Hypothetically, let's run with the vacation idea.
Say you take a $600ish/month payment, tack on another $200-or-so in insurance costs, and go on vacation & rent a nice car for 7 days at $100/month. That's your break-even point right there. Doesn't seem so outrageous.
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Pretty sure a lease or buy on a CTS-V would be in the $1,300 to $1,500 range anyway. "Free" insurance and unlimited miles means you may be getting a better deal than a lease with the option to switch things up. Good problem to have if you can afford the monthly note.
__________________
97 T/A Ram Air Convt
Forever dyno queen / 777rwhp 662 rwtq @ 17lbs / 10.2 @ 140
'24 Corvette Z06
17 Sierra 2500HD Dmax
81 Turbo TA
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01-13-2017, 12:04 PM
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#10
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,341
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Quote:
Originally Posted by Blackbirdws6
Pretty sure a lease or buy on a CTS-V would be in the $1,300 to $1,500 range anyway. "Free" insurance and unlimited miles means you may be getting a better deal than a lease with the option to switch things up. Good problem to have if you can afford the monthly note.
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This, exactly.
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01-13-2017, 02:37 PM
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#11
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13 Second Club / Moderator
Join Date: Jan 2005
Location: Franklin Lakes, NJ
Posts: 8,686
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Quote:
Originally Posted by Blackbirdws6
Pretty sure a lease or buy on a CTS-V would be in the $1,300 to $1,500 range anyway. "Free" insurance and unlimited miles means you may be getting a better deal than a lease with the option to switch things up. Good problem to have if you can afford the monthly note.
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Or you could Uber Black a few rides with an Escalade to help with some of the payment.
Edit: I've actually been thinking about doing this anyway with my CTS, if it would qualify. I have a buddy that would force himself to Uber enough per month to pay his monthly car payment.
Last edited by qwikz28; 01-13-2017 at 02:39 PM.
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01-13-2017, 02:38 PM
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#12
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Lord of the rings / 10 Second Club / Meet Coordinator
Join Date: Aug 2004
Location: Millstone Township, NJ
Posts: 6,357
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Quote:
Originally Posted by qwikz28
Or you could Uber Black a few rides with an Escalade to help with some of the payment.
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I'm willing to bet there is some fine print somewhere to avoid folks using the vehicle as a service.
__________________
97 T/A Ram Air Convt
Forever dyno queen / 777rwhp 662 rwtq @ 17lbs / 10.2 @ 140
'24 Corvette Z06
17 Sierra 2500HD Dmax
81 Turbo TA
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01-13-2017, 03:31 PM
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#13
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Power Member/NJFBOA Bookie/Moderator
Join Date: Jun 2009
Location: North Jersey = Best Jersey.
Posts: 4,435
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Quote:
Originally Posted by Blackbirdws6
I'm willing to bet there is some fine print somewhere to avoid folks using the vehicle as a service.
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This was my thought as well.
Also, the $600ish number I threw out earlier obviously wasn't meant as a CTSV lease figure. It was meant to cover a typical luxury car lease payment (E-class, 5-series, etc), and argue that perhaps a single, young-exec could justify this mindset after considering those numbers.
For S&Gs, I reached out to Grifter for an average lease quote. I figured it would have been in the $800-$1,000 range, but he said they're currently leasing for $1,000/mo with 3-5k down.
__________________
1995 Firebird... Stock-ish.
Quote:
Originally Posted by LS1ow
Good. He microwaved my phone 6 years ago, i hope his intake erupts.
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01-13-2017, 03:37 PM
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#14
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Lord of the rings / 10 Second Club / Meet Coordinator
Join Date: Aug 2004
Location: Millstone Township, NJ
Posts: 6,357
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Quote:
Originally Posted by Jersey Mike
This was my thought as well.
Also, the $600ish number I threw out earlier obviously wasn't meant as a CTSV lease figure. It was meant to cover a typical luxury car lease payment (E-class, 5-series, etc), and argue that perhaps a single, young-exec could justify this mindset after considering those numbers.
For S&Gs, I reached out to Grifter for an average lease quote. I figured it would have been in the $800-$1,000 range, but he said they're currently leasing for $1,000/mo with 3-5k down.
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$1k lease sounds about right considering the C63s (~$83k sticker) I test drove a little while back would be $1,300 with nothing down and excellent credit. The killer on the luxury cars is the horrendous residual on a lease. The Benz had a 49% residual for 3 year/36k....wild. If the interest rate is good, it actually makes little sense to put any money down.
__________________
97 T/A Ram Air Convt
Forever dyno queen / 777rwhp 662 rwtq @ 17lbs / 10.2 @ 140
'24 Corvette Z06
17 Sierra 2500HD Dmax
81 Turbo TA
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01-13-2017, 03:57 PM
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#15
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11 Second Club
Join Date: Feb 2008
Location: Edison, NJ
Posts: 4,619
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Escalades sticker for 95+, being a platinum level as they said...
This is very interesting and nothing has come across my desk about it yet...
__________________
1999 Z28 Convertible. 6 speed swap, wide cowl hood, full hockey stripes, and a whining 10 bolt.
2008 Sierra Vortec Max. 6.2 swapped, headers, Magnaflow catback, GMPP CAI, NHT optioned tow package.
2006 GTO, 11.48 @ 118.3
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01-13-2017, 04:52 PM
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#16
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Power Member/NJFBOA Bookie/Moderator
Join Date: Jun 2009
Location: North Jersey = Best Jersey.
Posts: 4,435
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Quote:
Originally Posted by NJ Torque
This is very interesting and nothing has come across my desk about it yet...
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Yeah, Marc had no idea either
__________________
1995 Firebird... Stock-ish.
Quote:
Originally Posted by LS1ow
Good. He microwaved my phone 6 years ago, i hope his intake erupts.
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01-14-2017, 07:08 AM
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#17
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Join Date: Sep 2007
Posts: 182
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Quote:
Originally Posted by Jersey Mike
Yeah, Marc had no idea either
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Talked to another salesman after I got you that Escalade quote. He said he's inquired about it but hasn't heard anything yet. Said there's about $500 in additional fees.
There's an office that has a board that shows every customer who is leasing from us, the type of vehicle and the payment. Every 2015+ Escalade is at least $850 a month, with quite a few being $1,000+.
Seems like a pretty sweet idea if you have the cash but I can't help but think it's just going to make it harder for me to make money. People don't buy cars anymore, everyone leases. They have a Premium Care service that includes free LOF's and filters until 50K. It just conditions the customer to not spend money. I'm curious to know where my profession is in the next 5, 10, 20 years. Oh snap! Sorry for the rant ![Mr. Green](http://www.njfboa.org/forums/images/smilies/icon_mrgreen.gif) If I find out anymore info about this BOOK program I'll post it up.
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01-14-2017, 11:22 AM
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#18
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,149
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the future of automobiles is going to be very interesting to say the least.
__________________
Vent Windows Forever!
The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
Hey everybody, it's good to have you on the Baba-too-da-ba-too-ba-ba-buh-doo-ga-ga-bop-a-dop
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