Last post on Apr 28, 2013 at 12:50 PM
You are in the Cadillac DeVille
What is this discussion about?
Cadillac DeVille, Sedan
#1389 of 2634 Bremertong
Mar 20, 2004 (2:53 pm)
You're more than welcome. Here are a few other considerations, for what they are worth:
1. Cadillac dealers may go the extra mile to deal in order to retain you as a caddy customer, it won't hurt to try to exert a little leverage when dealing, especially if you know approximate invoice/wholesale prices from sites like edmunds.
2. Current model devilles (2000 - 2004) are good looking cars. I still get compliments on mine.
3. You are spoiled and pampered by the: heated and massaging seats, memory seats and steering wheel, programmable auto lock/unlock, back up assist, sunshades (side/rear) (dhs), bucket seats and floor shifter (dts), heated outside mirrors, auto adjusting backup side view mirror, rain sense wipers, triple zone climate control (wives/significant others/backseat passengers love it and the heated seats), sophisticated trip computer, xm radio, onstar, night vision and nav system. Jags may have some of these features, but not all of them and probably not at such attractive prices.
4. You may have to pay up for the extra goodies on the 2002 dhs/dts, especially one with all of the extra options (navi, xm radio, night vision, parking assist). Guesstimate is 27k-32k, a steal compared to 48k-55k [depending on region and negotiating skills] new selling prices before taxes and finance charges. Base 2002 devilles will be much cheaper and easier to find. If you don't need the extra interior goodies, they look the same on the outside, ride and handle almost as well as the pricier dhs/dts (if you can live with the digital dash)and are probably available in the 22-25k range. This and maybe some infiniti models represent value luxery, it borders on highway robbery
5. The Northstar engine. Nuff said.
6. Just for the heck of it you might compare the best deal you can get on a loaded 2002 with a new 2004 from the same dealership. You may be surprised at your findings. Dealers who are overstocked with loaded new cars may give you a better deal if you've done your homework and they know you are considering a used model to save $$. The same may be true of the used car seller. Even though the loaded 2002 may be marked up due to scarcity and high demand, if your offer is reasonable and you let it be known that you'll consider buying new before being highly overcharged for a loaded 2002, you may get a surprisingly good deal. A final tactic which may work or backfire is to mention that you can buy a loaded new accord or camry for the same or less $$.
7. Be sure to test drive each model. You will be surprised at the difference between the 02-04 caddy and your current model. Happy hunting and make sure to choose what you really like.
Mar 22, 2004 (10:16 am)
I'm the excited winner of a Cadillac DeVille in the GM Hot Button Game. And that's great. . . but I can't keep the car because I'll owe so much in taxes on it. The dealer I'm taking delivery from can only offer me 33K for this base model Deville with the Comfort and Convenience Package on it that stickers for $47,915. Another dealer has offered me a little more to trade it, but I still would like to get closer to what they are selling for. Anyone have any ideas on where I could privately sell this car?
Mar 22, 2004 (2:13 pm)
I'd pay the taxes even if you have to borrow the money and then sell the car on Ebay. If you aren't currently doing business on Ebay I'd find a friend or relative to put it on for you. I'd then sell it as an essentially new car. You should be able to get around 40 for it, perhaps more. 33 is highway robbery. This is way under dealer invoice. They ought to at least pay you what they have to pay GM for one.
Mar 22, 2004 (3:39 pm)
Problem is that even though the Deville is "new", it is still pre-owned. Sticker may be $47,900, but you can buy it for 39,900. That is not titled before, full tank of gas, brand spankin' new. So dealer is definately going to be well below invoice on trade in. They take it in on trade for $34/$35 ask 38/39ish and make a couple on it.
#1393 of 2634 I agree with Volvodan
Mar 22, 2004 (4:57 pm)
I agree. My car cost Alamo $36,000 -it was a 2003 base Deville -so it probably cost a dealer about that since the car was delivered direct to Alamo in Florida - probably from a distributor somewhere. No dealer was involved. I still think 33 is too little. Until the winner takes delivery and a title it is not registered. I'd at least hold out for 36. Frankly I'd pay the taxes and enjoy driving it. Its a nice car and the taxes will be a lot less than payments.
#1394 of 2634 About That Hot Button Cadillac. . .
Mar 22, 2004 (6:18 pm)
Thanks for the replies, all.
I understand that even tho it's new, it's used by virtue of the fact that I had to title it in my name. But I still think that they ought to give me 35K for it. I played nice and did the press conference and said good things about Cadillacs and GM in general for the interviews. I dunno, I thought with what I did they could give me $35K for the car and sell me a different car at invoice. Instead, they originally offered me 33K for the DeVille and an unspecified discount, which when I said was too little I got offered 35K and the other car at sticker price. (The other car has a 2K manufacturer to dealer incentive on it).
Cadillac currently offers the dealers $4K in marketing support and the customer $750. So the dealer COULD sell my model car which invoices for 41K for $36,250 if he was willing to make nothing. With my car, he gets no GM money, but he could still sell mine for the trade I'm asking for (35K) and make a little on the other car even selling it to me at invoice. I don't get why he's balking. I'd take 2K to sell the other car I'm looking at. And I KNOW he can get more than $35K for this car, even though it's consider used.
As for the taxes, the sales tax I had to pay to pick the car up. And the contest rules specified that in order to take possession I had to title it, which means that I could never have sold it as "new". The 12K in income taxes won't be due until next April.
I thought of selling it on ebay, checked it out and they aren't going for very much. I thought the car was going to be badged with some reference to being a Hot Button car, and would be unique. Now THAT would make it a car worth the invoice price!
Mar 23, 2004 (6:55 am)
At least you have some time to sell it. 12k seems high for income taxes but perhaps you could use it for business and write some of that off. Unfortunately on a trade a dealer normally gives you what he can buy a similar car at auction for. Does the other car you are considering have a rebate on it? I think it is a good thing to try and get top dollar on a trade but you need to consider the fact that somebody gave you a commodity worth more than 30k. Before you pushed the button you had nothing. I'm not a philosopher but it seems logical to consider what you have as a windfall and if you don't want the Cadillac, it is nice to know that you have a choice of many other lesser cars absolutely free. I don't know how to get out of paying the taxes but I suppose that you could get a new or used car in the 20s and the difference between 33 and the price of the other car might pay most of the taxes. In short, I wouldn't worry a lot about resale value on a free car that might at the most cost you 12k.
Mar 23, 2004 (8:40 am)
You should post this over in "Real Worls Trade-In Values". Terry will give you fair trade value and probably good advice on what to do.
Mar 23, 2004 (2:56 pm)
I'll take it off your hands and pay the taxes!