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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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Hi Board, Just saw an add last night for a $361/mo lease with $1500 down for 39 months. Did not catch all the fine print so I'm sure there are some details that may not make this as attractive as it sounds. If I could find a dealer to get me out of the last 10 months of my Accord lease I'd be interested. By the way, I am in the Dallas/Ft. Worth area. |
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Auburn94, why don't you check out our Finance, Warranty & Insurance board - I think you'll find several discussions there that will be helpful both in terms of getting out of your lease and in working through the details of a new lease. Good luck! |
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Hello, After using the Honda Accord section of Edmund's Town Hall successfully several times, I have now been asked to research the CTS. With the Accords I merely start from the invoice price + dealer profit + processing fee + taxes. I read MANY postings in the Accord section to find out about the current incentives to dealers as well as special financing from the manufacturer. Is it similar in the GM world? Just last weekend I assisted in the negotiation of a 2004 Accord for $700 BELOW dealer invoice. Obviously this is a bit of an anomaly as I have never even done this well for the (2) Hondas I drive. And then sadly when I came to this site I only see (2) pages of discussions about how to buy a CTS aggressively. I look forward to feedback from current or soon-to-be CTS owners. Mike |
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CTS buying info is easy to come by. You can get invoice here or kbb as you probably know. CTS has been selling very well and has had almost no major incentives since it was introduced 28 months ago. As a result resale has held up very well for a Cadillac. March was CTS's best selling month, but "Sign and Drive" was in effect. There were also Instant value Certificates available on certain models. This program was not advertised. The Conquest program has also been in effect for some time. This is for non GM owners and is/was $1500 off. I would think that you could go to most Cadillac dealerships and get pricing at or very close to invoice. Especially in light of the fact that sales were down 17% in April. When I bought my SRX in March I got it for Invoice, minus the conquest cash, minus the $1,000 instant value certificates for a total of about $4400 discount. There was an advertising fee in there and Cadillacs invoice and edmunds invoice price were not the same. I didn't care because I got the vehicle I wanted and the discount I wanted. Good Luck. |
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The CTS is selling very well without incentives, which is very good for future re-sale, but...if your dealer is willing to bend over backwards for the sale, you can get at least $3000 off MSRP with the conquest bonus (if you own a non GM vehicle), instant value bonus(es)and some dickering. Without the conquest bonus, I think $2000 off sticker is a very do-able. I was able to go from a $32,720 sticker to $28,971 for a total of $3,749 off MSRP (or $1000 under invoice), but it took a week of wrangling with three local dealers. |
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| I purchased my Cadillac from Frank Kent Cadillac in Ft. Worth. It was an '03 program certified Deville and the certification process was awesome. The car looked brand new and had four new Michelin tires on it. This is an outstanding dealership. They also have a great web site and illustrate all of their used cars and provide a price. It was well worth the 400 mile drive! Their service area is impressive as well. You could eat off the floor. | |
looking into leasing a new vehicle and currently the 04 TL is the one I like the best but as of yet the dealors near me haven't been willing to match prices... (went to PA and was quoted 30250 on a non nav TL)... anyways I discoverd that the CTS now has the new engine with 255 HP and I do like the CTS... anyone know if they're willing to haggle prices or deal with leases... looking to go into either a 36 month or 39 month lease max.. was hoping to pay bout 430 after taxes a month.. anyone know if the dealors are hagling prices at all... I did the edmunds pricing guide but with the 1SB package it comes to be 34K+ and thats a alot higher than the TL... I've come down to the last two weeks to do this as too we need to get a new car because the other lease is ending... please help... any ideas as to what I should try and do?
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Look here, Craig: http://www.edmunds.com/new/2004/cadillac/cts/100273862/incentives- .html?vdp=off&tid=edmunds.n.incentives.incentives.4.3.Cadilla- c*&setzip=44241 Looks like a conquest bonus of $1500 is still available through May. You can probably get at least another grand knocked off. |
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Loved the CTS at first sight back in 2002. Our 95 Saab was showing signs of old age with 115,000 miles so began serious shopping. After getting Consumers Reports printout of invoice pricing shopped Florida Dealers on the web and finally went to local dealer Vero Beach Cadillac to try and buy. He had a White dimond with the 1SC equipment group and the XM radio on the lot. His final price was a 3615 off of list and 2677 for the Saab. Of course I also got the 2000 loyalty and 1000 from my GM credit card. Really didn't want the white diamond or the XM radio but now I am pleased to have them both. Buying experience was very pleasent. Happy to have a local dealer. |
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Replying to: cjs2002 (May 19, 2004 3:13 pm) per year Cap cost 30512 Rate 4.5% Residual 55% Payment $429 + tax with 1282 due at inception Got the conquest bonus! Love the car!! Hope this helps Im in Miami |
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