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Cadillac CTS Prices Paid and Buying Experience

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#333 of 363
Re: 2009 cts question [vinnyny] by shoeles2
Feb 02, 2009 (8:31 am)
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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)
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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.
#335 of 363
what kind of deals are people getting these days? by waffleman
Mar 05, 2009 (6:25 am)
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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?
#336 of 363
Re: what kind of deals are people getting these days? [waffleman] by pao
Mar 05, 2009 (6:31 am)
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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)
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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.
#338 of 363
What price to negotiate on Invoice ? by twain809
Mar 16, 2009 (5:55 pm)
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I'd like to agree on a price for a 2009 CTS based on an amount based on invoice.
 
1) If I go to kbb.com and price the car with options, is the Invoice amount they show a legitimate Invoice amount (and equal to what the dealer would be invoiced by GM)?
 
2) What is a reasonable amount for X in: Invoice + $X? X=$500? X=$700? I think Invoice +$X plus all applicable incentives (for example, March's incentives equal $2,500, so my price would be Invoice + $X - $2,500.
 
I have no trade-in, not coming off a lease; this is a straight purchase.
 
I live in the Northeast. Don't know if that has any impact on X.
#339 of 363
Dealer located a car at another dealer? Added cost? by twain809
Mar 16, 2009 (6:12 pm)
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If the dealer I'm working with has located a car at another dealer, does my dealer need to give the other dealer a cut of the profit? If so, I presume this would make it harder for me to get the best price because the two dealers need to share the profit, yes?
#340 of 363
Re: Dealer located a car at another dealer? Added cost? [twain809] by pao
Mar 17, 2009 (3:42 am)
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Replying to: twain809 (Mar 16, 2009 6:12 pm)

no, more than likedly they will trade inventory.....my dealer found my CTS at another dealer...about 50 miles away.....they simply traded similiar vehicles out in my case...IMHO should make no impact on the sales price or your deal.....or ability to get a good deal.....if the dealer tells you otherwise.....walk away
#341 of 363
Re: What price to negotiate on Invoice ? [twain809] by pao
Mar 17, 2009 (3:46 am)
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Replying to: twain809 (Mar 16, 2009 5:55 pm)

edmunds invoice cost usually doesnt reflect the advertising fee GM passes to the dealerships....usually around 2-3% of the cost of the vehicle if I recall correctly...havnet looked but does edmunds include shipping fee as well? ...but otherwise it should be spot on....
 
I usually go in a few hundred over invoice.....some dealers are flexible with the advertising fee...some are not......but you logic is sound on your approach....
#342 of 363
Re: What price to negotiate on Invoice ? [pao] by twain809
Mar 17, 2009 (12:02 pm)
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Replying to: pao (Mar 17, 2009 3:46 am)

The dealer has agreed to Invoice less any incentives that are in effect at time of delivery. They are changing a car that they have entered into the GM production system to match the specs that I want.
 
The dealer is asking for a $2,000 deposit.
 
What do I need to do to ensure all is good? I presume I'll get a receipt of the deposit. I'm obviously taking a chance that they're still be some decent incentives come April when the car is delivered, but is there anything I need to do to ensure they make good on their promise to sell at Invoice?

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