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Prices Paid: Buying & Leasing Experiences Cadillac CTS Prices Paid and Buying Experience
308 messages, Last post on Jun 16, 2008 at 5:13 PM
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Hello everyone- I just took delivery of my brand new 08 CTS!  (8(o) woo-hoo! I love it! It is black raven, with ebony interior, with the premium luxury package, and 18" all season tiree performance package, and the upgraded polished aluminum wheels. I think the only thing it doesn't have is AWD, which I didn't want. My purchase method was done mostly via the Internet, and pretty much matched the one recommended in the Car Buyer Guide I bought on CarSqueeze.com. After informing the dealers that I was aware of their invoice price, knew the amount of the dealer holdback, and manufacture to dealer marketing support, I asked multiple dealers for their best price. (I never said anything about my trade-in.) Some refused to budge from MSRP. but most responded with a price somewhere between invoice and MSRP. I finally went with a Jennings Cadillac in Chambersburg, PA,who offered me 2k under MSRP, and the standard $500 Active duty discount. While not a GREAT deal, it was the best offer I had received, and they had the exact car I wanted on the lot, which in itself was a rarity. After accepting the offer over the phone, I drove to the dealership for the paperwork, and negotiate a price for my trade-in, a 1999 BMW 528i with 180k miles on it. Much to my surprise, my salesman informed me that GM was running another incentive, called "Luxury Conquest", where if you were trading in a BMW, Mercedes, Lexus, etc, on your new CTS, you got an additional $1000 off the price! So- Bottom Line: $42,295, 5k for my trade, to $37,295 and out the door for $39,649. My salesman was a no B.S., very knowledgeable and helpful guy who had been with the dealership about 8 years. At no time did I feel like I was being rushed or bullied, or anything. Of course, I really attribute a lot of that to the fact that I had REALLY done my homework on the car, and conducted the hard negotiating via e-mail, which renders most tricky sales tactics ineffective. Plus, I had arranged a GREAT financing package (5.29%, Pentagon Fed Credit Union) beforehand, which left the dealer with no way to make more profit on me that way. I am taking my new wheels on a long business trip next week, (2-500 mile legs) and will let you all know how it works out. Hope this helps you in your purchase! |
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Replying to: lvv (Oct 14, 2007 9:20 am) If you do not have to buy now, maybe more dealers will allow supplier discount purchases before the end of the six month period. First two to email me at traindriver  carspace.com are welcome to have them.
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Replying to: lvv (Oct 14, 2007 9:20 am) |
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I recently bought a 2008 CTS last week at Baker Caddilac in Leominister Ma. It was a great buying experience. It's what I remember the way car dealers used to be.It wasn't a brandnew flashy dealer where they let you sit and wait while they talk to the "manager". You sit down with your sales person and the manager and work out the deal. My final bottom line beat the other dealer I had seen by a good bit. The whole thing took about 1/2 hour. The papers were written up and signed and they didn't even take a deposit("why would we take a deposit to just give it back if you didn't want the car"). Picked up the car the next day with a thorough explanation of it's workings from my salesperson,Jason. So if you live anywhere Leominister Ma. Give Baker Cadillac a try. Tell them Len Broverman sent you. By the way, I love my car.
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Has anyone heard of an upcoming lease buyout promotion for the CTS? I am loving my 06, but thinking of trading up... Thanks! |
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Replying to: lenbroverman (Nov 30, 2007 3:02 pm) OPTION packages included on your car. Listing them by dealer code would be nice for all of us Listed sticker price Actual price paid before any trade-in was deducted (if indeed you had a trade-in vehicle) In other words the reason for this message board is to give all of us an idea of what bottom line price dealers are willing to sell the new CST Caddie. So please share your pricing with all of us. I am thinking of buying one of these terrific Caddies and would like to know if dealers are wiling to discount them at all and by how much. A few years ago, I think 2001 or 2002 a dealer here in Maryland was selling the DeVille for $600 under invoice, which at the time was an excellent price. It is my impression that Caddie dealers price or discount their cars according to the perceived affluence in the area of their location. Dealers in rural areas perhaps give higher discounts since they need to draw customers from the city which might require going 25 miles or more to get to the rural dealer. Dealers in the city have a larger number of customers at their door step. I like to buy from a dealer which is in an area where there are 3 or more dealers for the same car. Competition always bring on lower pricing.
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Replying to: holew (Dec 09, 2007 12:21 am) |
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| I'm working on a new car and have GM Supplier discount. My dealer is telling me that no other discounts can be used in conjunction with it. Is this true? I was hoping to get the luxury conquest as well. | |
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My dealer just informed me that the GMAC lease rate for the 08 CTS is currently 7.1%, a new rate for December. That seems just outrageous and I am looking for any confirmation. Anyone?
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Replying to: soflkurtz (Dec 10, 2007 8:16 pm) BTW, is there $500 cash back available for Supplier Discount? I thought I saw that on the GM website.
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