| Re: Considering Purchase of 2008 STS CPO--Any advice? You wil Looooooooove the car indeed. I would not pay 30 grand however. As it has been mentioned before, now is a great time to buy a car. You can literally STEAL a car right now. I would look on KBB.com and purchase a STS about $1,000 BELOW the private party sale. Whatever the private party price is, offer the dealer 1K less. This will guarantee that you are getting a sweet deal. I just got my 2005 STS V-8 with moon roof and loaded up with only 34K miles on it this way. I got the car from a Ford dealership. I literally STOLE my car from him. He kept saying no no no, but then I just walked away and he called me on my cell phone no less than 5 minutes later and accepted the offer. Actually, I only paid about $1500 more than the KBB trade-in value for my STS a few weeks ago.
It may seem kinda inappropriate, but when you shop always educate yourself with KBB.com, then offer dealership rediculously low prices. Really try to rip them off bad. Many will say no, but many will accept your pffer as well. ESPECIALLY if you have good credit. Make sure you give them a really low offer, then tell them you have excellent credit and you will purchase the car immediately if they agree. This is precisely what I did just 2 short weeks ago, and walked away with a stellar car at damn near wholesale price.
Also, please keep in mind that Caddy's are mileage sensitive. If you put 20K miles a year or more on your car, you definately do not want to drop 30 large on the car because they depreciate horribly when you put lots of miles on them. If you drive alot, I would look for a 05 or newer with the CPO warranty and spend UNDER 20K. Spend 30 grand, drive 23K miles a year, and after 3 years your car will be worth less than what you will owe. You will be in the negative... |