it sounds like a good deal, but not a great deal.if it's what you want and what you want now, then go for it. but chances are you can look around and even wait a couple months and probably get it cheaper. now's a good time to get a good price on an suv, but like bear said, the '04s are about 2 to 3 months from being last year.
The one I am looking at is the regular version. What would be reasonable to pay for this new vehicle, around $42,500 like the EXT bear purchased?
Invoice for the base AWD Escalade is $50k and change. The EXT base is $47k and change. Based on this the 48.5 isn't bad, but I would try and drive it down to about 46 (doesn't hurt to try). BTW www.edmunds.com can give you some ideas on the price, what they are going for in your area (TMV), etc.
I think you should try to get between 9500-11000 off sticker just like they're doing with yukons, subs, tahoes, etc. I just bought an 04 Denali 2 weeks ago for 41,000, maybe you'll have a better chance at the end of the month