379 messages,
Last post on Dec 29, 2011 at 1:21 AM
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Cadillac CTS/CTS-V Forum.
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Cadillac CTS, Car Leasing, Sedan
#331 of 379 2009 cts question
by shoeles2
Jan 26, 2009 (2:34 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!
#332 of 379 Re: 2009 cts question [shoeles2]
by vinnyny
Jan 31, 2009 (8:41 am)
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.
#333 of 379 Re: 2009 cts question [vinnyny]
by shoeles2
Feb 02, 2009 (9:31 am)
Thanks for the advice!
#334 of 379 2010 CTS COupe
by bojohart
Feb 04, 2009 (9:38 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.
#335 of 379 what kind of deals are people getting these days?
by waffleman
Mar 05, 2009 (7:25 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 379 Re: what kind of deals are people getting these days? [waffleman]
by pao
Mar 05, 2009 (7:31 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 379 Re: what kind of deals are people getting these days? [waffleman]
by shoeles2
Mar 05, 2009 (12:56 pm)
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 379 What price to negotiate on Invoice ?
by twain809
Mar 16, 2009 (6:55 pm)
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 379 Dealer located a car at another dealer? Added cost?
by twain809
Mar 16, 2009 (7:12 pm)
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 379 Re: Dealer located a car at another dealer? Added cost? [twain809]
by pao
Mar 17, 2009 (4:42 am)
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