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Cadillac CTS Prices Paid and Buying Experience

313 messages,  Last post on Aug 13, 2008 at 8:38 AM

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What is this discussion about? Cadillac CTS, Car Leasing, Sedan


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#187 of 313
Metro Boston by letsgomets
Sep 19, 2007 (9:28 am)
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I shopped for an '08 CTS at Cadillac of Norwood (Norwood, MA) and at Frost Motors (Newton, MA). The experiences could not have been more different.
 
Cadillac of Norwood - The salesman did not realize that the new CTS has 2 engine options (not an exaggeration!) and my references to the FE1, FE2 and FE3 packages meant nothing to him. I noticed that the online inventory listed a CTS with my preferred color, but no reference to the particular FE package - so over the phone I asked the salesperson to check as to whether that particular (in stock) car had FE2 - the response I got back was a faxed handscribbled list of all of the options that the car had (sunroof, etc.), but no reference to the FE package!
 
Frost Cadillac - Salesperson was knowledgeable about the new model, very professional in the price negotiations and the dealership arranged financing that was .25% better than the best I could find after obtaining my own quotes online. A great buying experience.
#188 of 313
PRICE by kgabehurt
Sep 23, 2007 (2:25 pm)
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letsgomets.. you said you leased your unit? What was the sticker and final price on which you based your lease payments? Thanks.
#189 of 313
letsgomets by 07burb
Sep 24, 2007 (10:58 am)
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I live north of Boston...thank you for sharing your experience with different Cadillac dealers. Although I have not purchased a vehicle from Frost Cadillac, I have always been treated well when I was looking. How much over invoice did you pay? I am interested in the CTS4 with the Premium luxury collection package. Did you lease it?
#190 of 313
Re: Price Paid [letsgomets] by 150mphclub
Sep 24, 2007 (4:31 pm)
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Replying to: letsgomets (Sep 12, 2007 6:09 pm)

news update: supply down, price up. thanks UAW
#191 of 313
Re: Price Paid [150mphclub] by wardm
Sep 25, 2007 (6:01 am)
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Replying to: 150mphclub (Sep 24, 2007 4:31 pm)

UAW will eventually kill the US automakers.
#192 of 313
Re: Price Paid [150mphclub] by smitty303
Sep 25, 2007 (6:53 am)
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Replying to: 150mphclub (Sep 24, 2007 4:31 pm)

In case you are in the market for a CTS, there is one way to get a great deal considering the popularity of these new cars. Find a friend or family member who has a GM discount. I just shared my GM supplier (not as good as GM employee, but better than MSRP) with my neighbor last night. He said the salesman was just about to print the final paperwork when I text messaged him that I discovered that I could share my discount with "friends and family". He says it saved him around $4000! He was one happy neighbor! I just stumbled upon it when checking my supplier discount online. I've heard of people using the "friends and family" discount before, but I thought it was only for GM employees (which I'm not). Seems that occassionally GM allows suppliers to also share their discount like that. The program is called "GM Supplier Discount Plus" and is in effect now. The program allows an eligible gm supplier discount to be shared with up to 2 "friends and family" through October 31, 2007 with up to 6 months from getting the authorization to purchase. I'm not going to go through all the details here, but it seems this is a great opportunity for some to save a lot on a vehicle that otherwise could not be had for that price. Happy car shopping!!!
#193 of 313
Re: letsgomets [07burb] by letsgomets
Sep 25, 2007 (10:22 am)
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Replying to: 07burb (Sep 24, 2007 10:58 am)

I purchased the '08 CTS, at approx $1k over invoice (3.6DI, AWD all options except spare tire). Frost arranged 36 month financing at 5.75% (the best I could find online was 5.99%).
 
I now have approx 500 miles on the car and am loving it. Excellent speech recognition for the audio and nav, great handling, looks sharp, I could go on and on.....
#194 of 313
Buying Service by pao
Sep 27, 2007 (6:15 am)
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my auto purchase service through my bank lets me purchase the CTS...regardless of options for $950 over invoice..which includes the $745 destination charge....meaning not added on after the sale price of the car.......cant seem to beat that deal anywhere....since I dont have GM family discounts......amounts to about a $2900 savings on the CTS and options Im looking at...
#195 of 313
Re: Buying Service [pao] by smitty303
Sep 27, 2007 (11:18 am)
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Replying to: pao (Sep 27, 2007 6:15 am)

If you're curious how your bank auto purchase discount compares to actual GM supplier or GM employee, you can find out from the GM websites without actually being eligible for these discounts.
 
For GM Supplier, go to http://www.gmsupplierdiscount.com
For GM Employee, go to http://www.gmfamilyfirst.com
 
In either case, select "Build your own" from the "Vehicle Shopping" drop down menu at the top of the page. Build your own vehicle and see the gm employee or supplier discount price.
 
On the CTS my neighbor bought, the GM employee discount is another $1800! Turns out that I did the math and the discounts break down like this:
 
GM Supplier: 5% discount on base MSRP (excl. destination), 16.4% on options
 
GM Employee: 9% discount on base MSRP (excl. destination), 20% on options
 
Basically, GM supplier is GM employee plus about 4.5%
 
GM employee seems to be about invoice minus 3%, which is what I believe dealer cost is after the holdback (3% for cadillac).
 
In case anyone was wondering...
#196 of 313
Re: Buying Service [smitty303] by pucks
Sep 27, 2007 (3:31 pm)
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Replying to: smitty303 (Sep 27, 2007 11:18 am)

Good post. Seems accurate based on what I found. The issue now on a hot car like the 08 CTS, many dealers won't do a Supplier or GMS deal.

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