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Prices Paid: Buying & Leasing Experiences Cadillac CTS Prices Paid and Buying Experience
363 messages, Last post on Sep 26, 2009 at 8:21 PM
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I have received this (final) offer for a 2009 CTS with Premium Collection and spare tire - bottom line is $39,447. This is a quote on a specific car - I have the VIN #. I do not know how long the car is going to be there for, so any thoughts would be appreciated. Below is what the internet manager told me when giving me the bottom line price. The source for my reference invoice price was Costco Auto. I'm not sure what you're looking at as far as the invoice is concerned, however the invoice on this vehicle is $47,282 and we are selling it for $45,447, so we are actually below invoice. There are only been $6000 in rebates. I previously showed you $7000 because I had coupons from GM that I could use, however those have all been used on customers who have already purchased a vehicle. The difference between MSRP and supplier pricing is not the same on all cars. Like I mentioned previously, the amount due at signing hasn't changed. It's still right around $1900 (I think the exact amount before was $1887). The amount due at signing line includes the available rebates. When you calculate the lease payment on your own, it is never going to exactly equal what we calculate because of the license fees, dealer fee, acquisition fee, etc. There is always going to be a slight difference, no matter how you are doing your calculations. The bottom line on the car without the wheels is $39,447 and this is the best I can do. Thanks for any thoughts.
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Replying to: gator5000e (Dec 06, 2008 10:18 am) Aside from this you need to know the residual value of the car at the end of the lease. This is what the dealer thinks the car will be worth as a used car at the end of the lease. You will have to decide for yourself if this is a realistic number (you might use some source such as Kelly Bluebook for a car of the same make with the same mileage and years, but this is a guessing game as the economy and car preferences change over the years.) You also need the tax, license and other fees included in the price. Then you need a good financial calculator to determine the monthly payment or the interest rate, depending on which the salesman is quoting you. Doing the calculations yourself is the only way to keep the salesman honest. Good luck.
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Replying to: bingoman (Dec 06, 2008 11:38 am) The MSRP matches, however their “invoice” price is $1000 off because they don’t take into consideration the $1000 that GM charges us on every vehicle for their mass advertising. I encourage you to go on Costco’s site again and build this car again because I cannot save it and send it you like you were able to for some reason. On the 2nd page of the invoice I sent you yesterday, you’ll see in the bottom right hand corner where it says “remit to GMAC” – the VIN is listed there, along with the amount that we have to send to GMAC for the car (the invoice price) I think I have the other items you mentioned figured out, and I know the dealer is making money, but if the final price is fair, then it might not be a bad deal. Although now I may consider finance over leasing. Thanks again for all you great explanations, suggestions and pointers.
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Has anyone heard about or experienced this issue with the 2008-2009 CTS? http://www.cadillacforums.com/forums/cadillac-cts-forum-2008-beyond/119196-have-- we-solved-steering-vibration-freeway-37.html 48 page thread discussing a mysterious shimmy problem. Apparently Cadillac knows about the issue and has issued a tech bulletin but has not solved the problem yet. See Post # 369 on page 37 of the thread for the bulletin. Has anyone who has recently purchased a CTS run into this problem? |
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Replying to: gator5000e (Dec 07, 2008 6:13 pm) yes, they are legitmate money that dealer need to pay. Each region has their advertisment budget and they pass it to all the dealership and pay for it per car. I saw this fee showed up in cars from different manufacturers. Instead of focusing on whether dealer has any more room to give (they do), it is more important to see if they are willing to give any more (after all they need to make a living as well and pay for all the building and salary). The best way is to find other dealers in your area and see if they can do any better. If no one can do better then you get the best price. And you will have to decide if the price is good enough for you.. I do think that the rebate will be gone in a month or two. GM is over prodcuing their cars now because of the economic downturn. Once they get around to reduce production, they won't offer such a hefty rebate. GM is lossing money in selling every CTS given all the discount. They can last very long in doing so.. |
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| Just brought home a fully loaded 2009 CTS direct injection, crystal red w/cashmere with a sticker price of $51,850. Sticker on identically equipped vehicles shipped after 9/30/08 is $53,025. I was lucky to find one that has been around since before the price increase. Dealer's final selling price was $47,500. This is the best deal I could find after shopping out of state dealers who sell at deep discounts, as well as another dealer here in CT. After the $1500 model rebate, $2000 GM Loyalty Discount and $4000 lease incentive, the final price I paid was $40,000. I still cannot believe I got this car at that price. Perfect time to buy for anyone ready to pull the trigger. | |
Getting CTS 09 AWD DI with luxury package,sunroof and audio package. MSRP 44600 they are giving me 2800 off as a supplier price and 2500 in rebate so total 5300 off.Is this a good deal or should I wait for Feb 3rd for possible better deal. Right now I dont quailfy for their lease or GM loyal rebates.
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Replying to: azubairi (Jan 20, 2009 10:54 am) |
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My lease is up in 2 months on my previous cts and there is some minor repairs that need to be done that will cost around $1000. If I trade in the car for a new cts, will they waive those fees on my return car? Secondly, with the deep discounts I qualify for, do you think I could turn around and sell the new car, and break even or maybe even a small profit, to a 3rd party that does not qualify for the lease/loyalty rebates? Or is that stretching it? Thanks!
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Replying to: shoeles2 (Jan 26, 2009 1:34 pm)
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