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Los Angeles, California Cadillac Car Dealers

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Los Angeles, CA Cadillac Car Consumer Discussions

Re: Final Offer - Good Deal? [gator5000e]
by bingoman on Sat Dec 06 11:38:37 PST 2008
The salesman is playing the usual salesman games. He is not losing money on the deal as the invoice price is not the actual price the dealer pays. There are holdback moneys that are paid to the dealer by the factory after the sale which need to be subtracted from the invoice price to determine the true cost. Aside from this you need to know the residual value of the car at the end of the lease. This is what the dealer thinks the car will be worth as a used car at the end of the lease. You will have to decide for yourself if this is a realistic number (you might use some source such as Kelly Bluebook for a car of the same make with the same mileage and years, but this is a guessing game as the economy and car preferences change over the years.) You also need the tax, license and other fees included in the price. Then you need a good financial calculator to determine the monthly payment or the interest rate, depending on which the salesman is quoting you. Doing the calculations yourself is the only way to keep the salesman honest. Good luck.
Re: follow up [cdfinney]
by bingoman on Wed Apr 22 17:42:39 PDT 2009
who did you talk to in LA and what part of town?
Re: Lease vs. Finance [gator5000e]
by bingoman on Mon Dec 01 15:34:30 PST 2008
First of all what are you getting for this money. A basic car, a fully loaded car, or something in between. Are all of the deals offering the same car and equipment. Could you buy this car for cash. If so how much would it cost, how much interest would you lose, or how much would you have to pay for financing. How often would you like to trade for a new car (the current CTS will probably not change appreciably for the next four or five years.) All of this needs to be taken into consideration before you can decide on the best deal.
Re: Did I get a fair deal? [ltcadviser]
by bingoman on Mon Jul 07 19:52:01 PDT 2008
How many base models in a ton?
Re: Did I get a fair deal? [150mphclub]
by bingoman on Wed Apr 09 10:52:46 PDT 2008
Sounds reasonable to me. I had to wait 13 weeks in '74 for a ford product that was taking 6 weeks for delivery because of a part from a supplier that was in short supply. That factory cannot always anticipate the demand for a particular accessory. Other things, such as a strike at a supplier or a production line breakdown or a material shortage somewhere in the supply line can cause a delay in the delivery of a desired part. Chevy may have to shut down its entire Malibu production because of a strike at a plant that produces a part for its rear axle. So good luck on your new car. I hope it is not delayed too long.
Re: Looking for 2008 price list [ortega]
by bingoman on Wed Jul 18 22:53:44 PDT 2007
Thank you ortega. I now know what my new CTS is going to cost me. :)

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