379 messages,
Last post on Dec 29, 2011 at 1:21 AM
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Cadillac CTS/CTS-V Forum.
What is this discussion about?
Cadillac CTS, Car Leasing, Sedan
#310 of 379 Re: Did I get a fair deal? [ltcadviser]
by bingoman
Jul 07, 2008 (7:52 pm)
How many base models in a ton?
#311 of 379 Re: 2008 CTS Deal [clubmanager1]
by dallasdude1
Aug 09, 2008 (7:45 am)
GMS is supplier pricing, which is good, but not as good as the employee pricing. Your company is a supplier for the auto industry lets you enjoy a 3% or 4% over dealer cost pricing. It should be noted that there is a 4% "hold back" in the dealer cost.
#312 of 379 Re: 2008 CTS Deal [dallasdude1]
by kyfdx HOST
Aug 10, 2008 (8:00 am)
Actually.. GMS is employee pricing...
I'm not sure what the 'S' stands for.... but, it isn't supplier..
regards,
kyfdx
#313 of 379 CTS prices
by tribmw
Aug 13, 2008 (8:38 am)
Looking at purchasing a 2008 CTS, what is a fair price over invoice today?
#314 of 379 CTS Prices beyong Red Tag
by hopkibae
Nov 10, 2008 (4:56 pm)
Anybody bought a CTS lately? What should you expect beyond red tag pricing?
Nov 11, 2008 (6:46 am)
you probably arent going to get anything off the redtag sale.....I bought one during the employee discount offer last month...09 CTS fully loaded....was almost $8K off the MSRP...the CTS is still a popular model.....they are selling extremely well here in northern VA
#316 of 379 Financing Question
by gator5000e
Nov 18, 2008 (6:22 am)
Hi all. I have what appears to be a very nice deal on a 2009 CTS pretty close to fully loaded for just under, not including taxes and such. My question is the lease deals are not very good now and I have not financed in a VERY long time. I hate to buy the car for cash as I probably won't keep it more than 3 years and thus that sounds like throwing money away.
I am trying to figure out how to calculate when I will no longer be upside down on a purchase? If I finance $25K or so for 48 months, will I be right side up after 2 years, if I figure a interest rate of roughly 5.5%?
This is a tough choice as I really like the CTS but the other "luxury" brands are much more flexible with lease deals. So I don't want to screw myself here, but am not very good at figuring these things out.
Thanks for any thoughts!!
Nov 18, 2008 (3:43 pm)
I see I forgot to put the price offered in my post and since I can't figure out how to edit a previous post, I am reposting with the price. So here is the edited message:
Hi all. I have what appears to be a very nice deal on a 2009 CTS pretty close to fully loaded for about $37,429, not including taxes and such. My question is the lease deals are not very good now and I have not financed in a VERY long time. I hate to buy the car for cash as I probably won't keep it more than 3 years and thus that sounds like throwing money away.
I am trying to figure out how to calculate when I will no longer be upside down on a purchase? If I finance $25K or so for 48 months, will I be right side up after 2 years, if I figure a interest rate of roughly 5.5%?
This is a tough choice as I really like the CTS but the other "luxury" brands are much more flexible with lease deals. So I don't want to screw myself here, but am not very good at figuring these things out.
Thanks for any thoughts!!
#318 of 379 Re: [gator5000e]
by topgun7
Nov 27, 2008 (11:06 pm)
"My question is the lease deals are not very good now and I have not financed in a VERY long time. I hate to buy the car for cash as I probably won't keep it more than 3 years and thus that sounds like throwing money away. "
You can use the dealership bank lease, arrange for your own bank lease or using a site like leasecompare.com which shop lease for you. Buying and leasing are very similar in cost. We pay for the depreciation and the interest cost of using the car. The main difference is that at the end of the lease, the residual is set. In economic situation like ours now, manufacturer are lossing money big time because they set the residual too high a few years back. Basically manufacturer are assuming the risk that they residual may not work out the way they predict it.
#319 of 379 Re: CTS Prices beyong Red Tag [hopkibae]
by coasterguy
Nov 29, 2008 (6:38 pm)
I just said "DO IT" and pulled the trigger today. I got a completely loaded Direct injection, with every option offered for the red tag price with an additional $2,000 rebate off. So it was $51,189 and I saved 6,000 off that.
They would not drop any lower than that at all. I thought with the times and since I was the only one in there they would. Not so much. I happy with the deal. Good rate over 60 months and the car is AMAZING and Gorgeous. This is my first Domestic car purchase in my life. I will tell all of my import friends to look into this car from this point on. It is really that nice. The drive and steering are amazing and the tech is just as grand. Good luck everyone