Ask the Car People.SM


Cadillac CTS Prices Paid & Buying Experience

379 messages,  Last post on Dec 29, 2011 at 1:21 AM

You are in the Cadillac CTS/CTS-V Forum.

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

    

Messages Page 35 of 39

#336 of 379 Re: what kind of deals are people getting these days? [waffleman] by pao

Mar 05, 2009 (7:31 am)

Replying to: waffleman (Mar 05, 2009 7:25 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 379 Re: what kind of deals are people getting these days? [waffleman] by shoeles2

Mar 05, 2009 (12:56 pm)

Replying to: waffleman (Mar 05, 2009 7:25 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 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)

Replying to: twain809 (Mar 16, 2009 7:12 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 379 Re: What price to negotiate on Invoice ? [twain809] by pao

Mar 17, 2009 (4:46 am)

Replying to: twain809 (Mar 16, 2009 6:55 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 379 Re: What price to negotiate on Invoice ? [pao] by twain809

Mar 17, 2009 (1:02 pm)

Replying to: pao (Mar 17, 2009 4:46 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?

#343 of 379 Re: What price to negotiate on Invoice ? [twain809] by pao

Mar 18, 2009 (5:38 am)

Replying to: twain809 (Mar 17, 2009 1:02 pm)
get a signed sales agreement with your total price, less your deposit and the order number on it. with a signed sales agreement you are protected against any manufacturer price increase.....whether or not you will be eligible for incentives at time of delivery I dont know about.....most incentives are tied to existing dealer stock and not specific customer orders......again...get it in writing from the SALES MANAGER.....not just your sales man....
 
make sure they can change the specs on the car too...if the order from the dealer has already been accepted...believe its code 3000, its too late to change specs, if the order is just sitting in the dealers order que awaiting an allocation, then it can still be changed.....order allocations to dealers are released weekly, however the dealer should now how many he can order in any one given month...
 
dont leave with just a receipt for your deposit...

#344 of 379 Dwayne by cdfinney

Mar 20, 2009 (11:41 am)

Well my wife and I went looking at the new CTS and was quoted prices about $4000 off MSRP. That was fine, but then I learn that If I was coming off a lease they would give me another $4000 off totaling $8000. I just can not sign the papers for a new car knowing someone else can just walk in and get a $4000 lower price. This is only for for someone who is coming off a lease and it doesn't matter what brand of car you leased. My problem with that is that I own Sierra Denali and a Grand Am. So I called GM and let them know I will not buy any more cars from them. Beautiful car, but thats 10% of the cost.

#345 of 379 Re: Dwayne [cdfinney] by pao

Mar 23, 2009 (4:43 am)

Replying to: cdfinney (Mar 20, 2009 11:41 am)
national incentives Im sure...but the dealer is the one who ultimately sells the car for the $$....did you pass the same information to the dealer..........got mine during their employee pricing offer back in Sept....and got $7500 off an MSRP of over $49K....

Messages Page 35 of 39

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement