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Cadillac CTS Prices Paid and Buying Experience

363 messages,  Last post on Sep 26, 2009 at 8:21 PM

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

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#328 of 363 Purchased in CT on 1/15/09 by dglavin96 Jan 18, 2009 (4:26 am)
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.
#329 of 363 Need advice by azubairi Jan 20, 2009 (10:54 am)
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. Replies to this message: dglavin96 (Jan 20, 2009 2:42 pm)
#330 of 363 Re: Need advice [azubairi] by dglavin96 Jan 20, 2009 (2:42 pm)
Replying to: azubairi (Jan 20, 2009 10:54 am) I believe the $2800 discount puts you at right around the invoice price. The model rebate is $1500, not $2500. (If the dealer says it is $2500, take the deal and don't argue!) I would try to buy this car for $41,000, less the $1500 rebate, for a final price of $39500. That would be about $800 below invoice. You should get that deal if you stick to your guns. The incentives may get better after 2/3, but there is no way to know for sure.
#331 of 363 2009 cts question by shoeles2 Jan 26, 2009 (1:34 pm)
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! Replies to this message: vinnyny (Jan 31, 2009 7:41 am) shoeles2 (Feb 02, 2009 8:31 am)
#332 of 363 Re: 2009 cts question [shoeles2] by vinnyny Jan 31, 2009 (7:41 am)
Replying to: shoeles2 (Jan 26, 2009 1:34 pm) No way you'll turn a profit by quick-flipping a CTS. They lose so much value when you drive off the lot that you'd have to pay somebody to take it off your hands (despite those ads that tout the CTS as a resale value award winner). Except for high-demand, low-volume cars (rare exotics), every car loses big when you take it home. Replies to this message: shoeles2 (Feb 02, 2009 8:31 am)
#333 of 363 Re: 2009 cts question [vinnyny] by shoeles2 Feb 02, 2009 (8:31 am)
Replying to: vinnyny (Jan 31, 2009 7:41 am) Thanks for the advice!
#334 of 363 2010 CTS COupe by bojohart Feb 04, 2009 (8:38 am)
I had heard that Cadillac was bringing out a new CTS coupe, for 2010. Based upon this, I leased my 2008 STS, with lease expiring in August 2009, the date the new car was to have debuted. Cadillac has dropped the coupe's debut, instead, bringing out a station wagon. I have NO interest in a wagon, as we now have a 2009 Murano to fill that niche. I contacted Cadillac, and they confirmed the fact that the coupe has been pushed back, and is listed as a concept car. If price is right, I'll buy the 2008 STS I am driving now, as it is a wonderful car, and in excellent condition. Replies to this message: waffleman (Mar 05, 2009 6:25 am) pao (Mar 05, 2009 6:31 am) shoeles2 (Mar 05, 2009 11:56 am)
#335 of 363 what kind of deals are people getting these days? by waffleman Mar 05, 2009 (6:25 am)
Replying to: bojohart (Feb 04, 2009 8:38 am) With the recession in full gear and GM possibly going bankrupt, are you finding better deals now? What is a reasonable price to pay for a DI AWD? Replies to this message: pao (Mar 05, 2009 6:31 am) shoeles2 (Mar 05, 2009 11:56 am)
#336 of 363 Re: what kind of deals are people getting these days? [waffleman] by pao Mar 05, 2009 (6:31 am)
Replying to: waffleman (Mar 05, 2009 6:25 am) GM isnt giving the cars away...you can get them for less than MSRP..but still expect to pay at or slightly above invoice...unless you have GM card points and other incentives....a fully optioned DI AWD will probably still run in the low to mid $40Ks out the door.....from what Im seeing in my area....but shop around   bought my 09 CTS non DI RWD fully loaded MSRP 49,500 for just over $42K last Sept during the employees pricing sale....put another 5K down and financed the rest.....
#337 of 363 Re: what kind of deals are people getting these days? [waffleman] by shoeles2 Mar 05, 2009 (11:56 am)
Replying to: waffleman (Mar 05, 2009 6:25 am) I just bought a cts base model with msrp of 39,500 at the end of Feb. Believe it or not, I got it for 26500. I had a 4000 rebate on a lease return, and I think I got lucky buying on the last day of the month. The neg. price before the rebates was 34,500, a full 3000 below invoice. It's really sad to see them selling cars at this price.

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