I'm paying $168 a month for this brand new Cadillac. Let me break it down for you. This car has a window sticker of $58,000. And normally, if you leased it or bought it financed, you'd be paying almost $1,000 a month. So last month, Cadillac had a lot of incentives for this specific model, the Optic. They also raised the residual value of the car, which is how much it costs to buy out the car at the end of the lease. Normally, the residual value is between 60 and 70%. But for this car, they raised it all the way up to 80%. Now, you might think that's a bad thing. Why would I still pay 80% of the car's value after 2 years of leasing instead of 60%. If it was a house, of course, I would want a lower payoff. But since a car is a depreciating asset, I don't want to pay the depreciation. I also did a one pay on the lease, which means I paid the entire 24 months upfront. And the reason I did this is because the dealership will lower the money factor, which is basically the interest rate if you pay everything upfront at once. So, here's the full breakdown. The car's MSRP is $58,000. The dealer knocked off $5,270 off the sales price to bring it down to $52,530. The residual value is at $46,538 and my interest rate on the lease is $2.5% because I did a one pay. If I had done monthly payments, the interest rate would have been 3.5%. So my total duet signing was $11,284. However, they gave me $5,590 in rebates. First, since this car was a loner vehicle, I got a rebate for $3,090. After that, I own a nonGM vehicle, so I qualified for Conquest, which gave me another $2,000 off. And finally, I applied for and opened the GM credit card and used that to pay for the one pay lease, and that knocked off another $500. So, after all the rebates and incentives, my total out of pocket was just $5,700. Now, if you divide that by 24 months, it effectively comes out to $238 a month. But I'm not done yet. Here in Texas, they're giving out grants for people to switch to clean energy vehicles. And since I'm doing a 24-month lease, I qualify for a rebate of $1,666. So, if you subtract that from my $5,700, I really only paid just over $4,000 for the 24-month lease, and that comes out to just $168 a month. So, whoever said leasing is just throwing away money has never done leasing like this