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2009 Cadillac STS 4dr Sedan 1SG V8

24 Month – Residual 62% of MSRP – .00204 Base Rate

36 Month – Residual 53% of MSRP – .00204 Base Rate

48 Month – Residual 44% of MSRP – .00204 Base Rate

The residual value in a lease is the predicted value of the vehicle being leased at the end of the lease.

These values are listed as coming from LeaseCompare.com but overall it is unclear what the detailed assumptions associated with them are.

Assuming worst case based on what I have seen of rates with no details listed with them, they are lease rates for 10,000 miles per year.

So looking at a residual value of 62%, a used STS V8 1SG sedan with 20K miles which costs $55K+options now in 2 years will be worth $34K, or $21K less.

If you wait and buy the STS V8 at 2 years old and 20K miles you would have saved $10K per year, or almost $1K per month of depreciation. Yes, it will still smell new at that point. My CTS with 50K on it still smells new, thanks to Cadillac's work in leather smell technology. You will just have more money to spend.

Residual values for other models of STS are similar.

At 3 years, 30K miles the STS residual would be $29K; at 4 years $24K.

Bruce

2016 Cadillac ATS-V gray/black

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