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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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Replying to: akkilees (Dec 27, 2007 3:35 pm) http://www.bobnovick.com/ brdgeton, nj great guy and dealership |
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Replying to: dfusnik (Feb 20, 2008 4:49 am) |
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The '08 CTS will make me a first time Cadillac buyer. In late November '07 I saw new '07 leftover CTS's with very few options on a dealer's lot with $7000 OFF whitewashed on their windshields (roughly, say 20% off sticker). That puts a CTS in the same price ballpark (or less) than a well optioned Honda. Was that a fairly commenly available discount range on leftover '07 CTS's after the'08's were at the dealers?? |
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Replying to: cjackson2 (Feb 20, 2008 5:08 pm) Many dealers are still getting full MSRP for every CTS they can get. I talked to my father's dealer In Port Richey, Fl last week. He did not have a single CTS on his lot, and he wouldn't take a cent off MSRP when his next shipment arrived. I also spoke with a dealer friend in PA who told me he can sell everyone he can get for full MSRP within a week of it hitting his lot, but he offered me $2,000 off if I wanted to order and wait. The car business is tough, so I don't begrudge a dealer for getting what he can. Nor am I upset that my friend didn't offer me as good a deal as I was able to get elswhere. What you can do depends on local demand. A dealer with ample inventory will deal, but one who has a short inventory will not.
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The deal I was just offered for a fully loaded CTS: MSRP $48740 (don't have the spare tire) GMS $42970 39 month lease, 6.1% lease rate 12k $592 down and $592 month 61% residual 15k $636 down and 636 month 58% residual Out of the 4 dealers in the Cleveland area, this was the only one willing to use the published 6.1% rate, actually showed me the GMAC printout that shows all the published rates. A dealer outside the local area even offered a little better deal but he didn't have the car I wanted in stock and had no idea when he might get one due to the back order situation with the Premium Luxury Package, but he offered $583/mth with $0 down for 12k. Bottom line is there are a few dealers out there that will honor the 6.1% lease rate. |
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Replying to: jazz32 (Mar 05, 2008 7:50 pm)
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Replying to: clubmanager1 (Mar 10, 2008 6:39 am) |
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Blue tooth kept me from CTS. Dealer will add for around $500 a system which, in fact, gives me a desired second screen. Anyway, instead of (highly discounted to invoice) Infiniti G-35 or (substantially discounted) Lexus GS350, I now lean toward CTS. I can wait, if necessary, to get a better price or capitalized price. How much above invoice can I now get a CTS for?(Do I add in ad fee?) Is there a discount because I'm switching from a BMW 530I? BUY: What is GM interest rate for financing? LEASE: What is GM interest rate, or MF, for leasing CTS for 12,000, 15000 miles? Is there decreased interest rate or MF for multiple security deposits? Many thanks. |
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Still must decide between three DIFFERENT 2008 cars -- all that I like Lexus GS350, Cadillac CTS (with blue tooth added, giving me separate screen), or Infiniti G35. Then, must decide whether to buy or lease. Incidentally, Lexus has best mileage, but Cadillac uses regular gas. I currently have BMW 530i expiring lease which, with Edmunds help, I had leased for net MF, and much less, with multiple security deposits. Anyway, for GS350, G35, and CTS, could you please provide: (1) Target deal relative to invoice+destination (and any rebate) (2) If buy, available finance rates (3) If lease, money factor or interest for 24mo, 36 mo for 12K, 15K annually Any better MF or interest rate for multiple security deposits? Thank you for this information. I'll also put on other forums, in case you guys see that first. Thank you!
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Replying to: asteinberg (Mar 21, 2008 7:16 am)
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