: $2,000 Cash Back gone as of 12/17



Cadillac Tony
12-16-08, 10:23 PM
For those of you who have taken delivery and received the $2,000 cash back, you made a good choice getting the car quickly- starting tomorrow (12/17) the $2,000 cash back offer on 2009 CTS-Vs is history.

I found this out through an email from our Regional rep, who says that the CTS-V was supposed to be exempt from the rebates on the baseline model. Whoever does the data entry for GM excluded the targeted lease cash (as they were supposed to), but accidentally included the $2,000 bonus cash, meaning that those who have already taken delivery basically got an incentive that wasn't supposed to be there. GM's system is being updated tomorrow to remove this incentive from the car.

Sorry to share bad news for those on the fence, but I wanted to try and de-fuse any "surprises" when you go to your Dealer.

vulcan33
12-16-08, 10:44 PM
Finally got my arms around a $2,600 gas guzzler tax, $3,400 (Ouch!) Recaro Seats and buying a performance, rear wheel car in the dead of Winter only to get held up for $2K more. Wonder if dealers with cars on the floor can still make it happen tomorrow morning?:rant2:

GM-4-LIFE
12-17-08, 01:24 AM
For those of you who have taken delivery and received the $2,000 cash back, you made a good choice getting the car quickly- starting tomorrow (12/17) the $2,000 cash back offer on 2009 CTS-Vs is history.

I found this out through an email from our Regional rep, who says that the CTS-V was supposed to be exempt from the rebates on the baseline model. Whoever does the data entry for GM excluded the targeted lease cash (as they were supposed to), but accidentally included the $2,000 bonus cash, meaning that those who have already taken delivery basically got an incentive that wasn't supposed to be there. GM's system is being updated tomorrow to remove this incentive from the car.

Sorry to share bad news for those on the fence, but I wanted to try and de-fuse any "surprises" when you go to your Dealer.

Tony,

Thanks for the info. So does this now mean that starting 12/17, GM will be offering lease to purchase bonus cash of $2K instead of just a straight $2K rebate?

I am going from the STS-V to the CTS-V and I am worried now. If GM will be offering me the lease to purchase bonus cash, I am ok with that as I qualify.

Please let me know.

Thanks!

SG

Kadonny
12-17-08, 08:11 AM
Damn, that sucks. Glad I made my deal yesterday morning. Thanks Tony.

CIWS
12-17-08, 08:21 AM
I am going from the STS-V to the CTS-V and I am worried now. If GM will be offering me the lease to purchase bonus cash, I am ok with that as I qualify.

Please let me know.

Thanks!

SG

Here you go AERO1.

http://www.cadillacforums.com/forums/1705748-post6.html

Cadillac Tony
12-17-08, 08:46 AM
Tony,

Thanks for the info. So does this now mean that starting 12/17, GM will be offering lease to purchase bonus cash of $2K instead of just a straight $2K rebate?

I am going from the STS-V to the CTS-V and I am worried now. If GM will be offering me the lease to purchase bonus cash, I am ok with that as I qualify.

Please let me know.

Thanks!

SG

As of today, there are no rebates on the 2009 CTS-V. According to GM, there were never supposed to be any, but the $2k slipped through the cracks and a few lucky people got it.

ExtraV
12-17-08, 09:28 AM
Still on the website as of 9:30am. Dealers will still need that $2000 to move these cars.

Florian
12-17-08, 09:39 AM
Dealers will still need that $2000 to move these cars.

I agree, with crap in the tank, theyre gonna have to jump thru hoops to move 50K+ cars.


F

Jpjr
12-17-08, 09:58 AM
I agree, with crap in the tank, theyre gonna have to jump thru hoops to move 50K+ cars.


F

Agreed, removing the incentive is much worse for dealers than it is for potential GM customers right now.

Cadillac Tony
12-17-08, 10:21 AM
It's still showing this morning on my Dealer computer too, but the email last night from my Zone Rep couldn't have been any clearer. Chances are it's just going to take time to get the web updated.

As far as the end result of not having a rebate goes, aren't we always complaining about the resale value on these cars, guys? People who paid good money for STS-Vs were seeing them sold at $12k off within a year, and subsequently they aren't worth anything now. The sooner they start discounting them, the sooner the resale value tanks. I know it's easy for me to say since I'm not buying one, but keeping this car exclusive and incentive free will make it worth a lot more than $2k more down the road, and is the smart thing for GM to do. The reason cars like the M5 and M3 hold their value is because the Manufacturer doesn't slap incentives on them the minute they leave the factory, and I thought GM doing so on the V was dumb.

Edmunds.com just rated the CTS as having "Best Resale in its class", and it would be nice to see the V follow suit.

Bigron
12-17-08, 10:43 AM
I wonder why the website would say:

"For Cash Allowance or APR, take new retail delivery by 01/05/2009."

2009 CADILLAC CTS-V $2,000 Cash Allowance

I figured it was a mistake, but now they are not going to honor what has been published?
If I was a customer I would take a screen shot and print it out.

Krug Ford
12-17-08, 10:45 AM
Its There..

$2000.00 Cash Rebate..

Cadillac Tony
12-17-08, 10:53 AM
Has your Zone Rep contacted your GM about any changes to the incentives, Scott?

Obviously, if this is bad info and GM continues to offer the rebate, I'll continue to pass it on to my customers. I always post information the minute I get it, and have been burned a few times when the preliminary info was incorrect (like the Gas Guzzler tax). I don't think this is the case this time though, as the email was pretty cut and dried. "No incentives on CTS-V starting tomorrow" were the words, so I think they just haven't updated Dealerworld yet.

urbanski
12-17-08, 12:11 PM
with the plant closing and no more new Vs for months, i cant imagine they'd need incentives to sell these

Cub Cadet
12-17-08, 12:28 PM
As far as the end result of not having a rebate goes, aren't we always complaining about the resale value on these cars, guys? People who paid good money for STS-Vs were seeing them sold at $12k off within a year, and subsequently they aren't worth anything now. The sooner they start discounting them, the sooner the resale value tanks. I know it's easy for me to say since I'm not buying one, but keeping this car exclusive and incentive free will make it worth a lot more than $2k more down the road, and is the smart thing for GM to do. The reason cars like the M5 and M3 hold their value is because the Manufacturer doesn't slap incentives on them the minute they leave the factory, and I thought GM doing so on the V was dumb.

Edmunds.com just rated the CTS as having "Best Resale in its class", and it would be nice to see the V follow suit.

I disagree with this. I do not think that incentives de-value a car. I think that if the car is a quality product that people want, the price will remain up. I do not feel that the value of these cars will drop as much as you think when they are driven off the lot.

Cadillac Tony
12-17-08, 01:30 PM
The STS-V has outstanding performance and quality, but the resale value tanked as a result of Firehouse sales on the new ones. If you can get $12k off a new one, that instantly makes the two year old ones worth $12k less.

For the record, I think the new CTS-V is going to hold its value far better than the STS or the first generation CTS-V, but the first step is realizing that incentives kill the perceived quality of the car- it's as if they're saying "We can't sell these without throwing money at you, since the car doesn't justify the price". The CTS-V outruns, outbrakes, outhandles and outperforms the M5 and E63 in every test, and for $30k less. 2 grand will have no effect on this car other than to cheapen the status of it.

Krug Ford
12-17-08, 01:32 PM
We have a new rep and the rebate applies.

TONY go in to GM Incentive look up and type in the vin and report it today and it will show the $2000.00 rebate..

There is no lease to purchase bonus cash for this..

Krug Ford
12-17-08, 01:34 PM
This is an example to show whats available on the CTS-V

Eligible Incentive Programs for VIN: 1G6DN57P190155532 delivered on:: 12/17/2008



Vehicle Details Delivery Destination

Vehicle Description: 2009 Cadillac CTS V-SERIES Region: NORTH CENTRAL
MMC: 6DN69 State: MICHIGAN
Inventory Status: New DMA: DETROIT, MI
Delivery Type: 010 - Individual Postal Code: 48114
Dealer Code: 20048 County: LIVINGSTON



QUICK LINKS


> Quick Incentive Search
> Advanced Incentive Search
> VIN Incentive Look-Up
> Incentive Information Reports
> Incentive Summary Reports
> Geography Look-Up
> Incentive Management Job Aid
> GM Dealer Sales Allowance and Incentive Manual








Consumer Cash 2000.00

Vehicle Finance

GMAC Smart Lease

GMAC Smart Buy

Combo




Report Generated On: 12/17/2008 13:34:03 EST


Program Name Start Date End Date Option Condition Program # Cash Incentive Code

GM NORTH CENTRAL REGION 2009 RETAIL CONSUMER CASH/APR/DEALER CASH INCENTIVES 12/04/2008 01/05/2009 09-35A-9 2000 CNC







2008 Q4 GM INVENTORY DEALER BONUS CERTIFICATE PROGRAM 12/04/2008 02/02/2009 09-40AG-2 KXA/KXB/KXC/KXD/LBA/LBB/LBC/LBD

GM/GMAC/SFS 2008 Q4 PULL AHEAD PROGRAM 10/11/2008 01/05/2009 09-02-1 ZZZ

2009 MODEL YEAR GM CUSTOMER ASSISTANCE CENTER GOODWILL CERTIFICATE PROCESS 11/18/2008 09/30/2009 09-03-1 LCP

2009 MODEL YEAR GM COLLEGE GRAD DISCOUNT PRICING PROGRAM 11/25/2008 09/30/2009 09-04-2 GCG

2009 MODEL YEAR GM CARD (BLUE/GOLD) PROGRAM 11/18/2008 09/30/2009 09-05-1 UDE

2009 MODEL YEAR GM CARDS WITH REDEMPTION LIMITS COPPER/ PLATINUM AND FLEXIBLE EARNINGS PROGRAMS 11/18/2008 09/30/2009 09-05A-1 UDP

2009 MODEL YEAR GM BUSINESS CARD PROGRAM 11/18/2008 09/30/2009 09-05B-1 UDB

2009 MODEL YEAR GM EXTENDED FAMILY CARD PROGRAM 11/18/2008 09/30/2009 09-05C-1 UDF

2009 MODEL YEAR GM MOBILITY ADAPTIVE EQUIPMENT PROGRAM 11/01/2008 09/30/2009 09-07-1 MOB/MOC

2009 MODEL YEAR GM CREDIT UNION MEMBER DISCOUNT PRICING PROGRAM 12/07/2008 06/30/2009 09-11 GNI

BONUS CASH FOR ELIGIBLE PARTICIPANTS IN THE GM CREDIT UNION MEMBER DISCOUNT PRICING PROGRAM 12/07/2008 01/05/2009 09-11A 250 VKA

2009 GM CUSTOMER APPRECIATION CERTIFICATE PROGRAM 11/18/2008 09/30/2009 09-14-1 1000 VHC

2009 MODEL YEAR GM MILITARY DISCOUNT PRICING PROGRAM 11/25/2008 09/30/2009 09-16-4 GMM

2009 MODEL YEAR GM RETIREE VOUCHER PROGRAM 11/18/2008 09/30/2009 09-18-1 HRC

GM SELECT BUSINESS/TRADE ASSOCIATION PRIVATE OFFER 11/20/2008 01/02/2009 08-35CO-6 500 PAD

GM SELECT FARM BUREAU PRIVATE OFFER 11/20/2008 01/02/2009 08-35CP-5 500 PAC

GENERAL MOTORS Q4 GARAGE MATE DIRECT MAIL PRIVATE OFFER 11/18/2008 01/05/2009 09-35CB-1 2000 KMO

GENERAL MOTORS COMPETITIVE LOAN DIRECT MAIL PRIVATE OFFER 11/18/2008 01/05/2009 09-35CI-1 1500 KMM





> > New Search Total >>










Programs in red and with italic print indicate a VIN Exception Condition - You must refer to program for specific eligibility/compatibility guidelines. Dealer responsible for determining consumer eligibility for each program.

Cadillac Tony
12-17-08, 01:59 PM
TONY go in to GM Incentive look up

SCOTT, I know how to work the VIL, thanks. My Zone Rep emailed us last night and told us that the $2k would not apply on the V starting today, even though it shows on VIL. I also know it hasn't been removed from GC or Cadillac.com yet, but I try and keep forum members up to date with the most current information, so I passed along the info in an email that originated directly from Corporate.

I suppose we'll wait a few days and see what happens. :suspect:

caddiedrummer
12-17-08, 02:24 PM
Tony--got news for you the M5 no longer holds value either. My low miles 06 which had every option and MSRP of $98k was getting trade in offers of $40-$45K. Auctions have them at high $40s on a good day. Frankly outside of my kid's and wife's hondas I have yet to own a car that holds value including Vipers and Vettes.

Cadillac Tony
12-17-08, 02:32 PM
Yeah, I hear you- any car that's got a huge MSRP is going to depreciate like crazy (other than cars like Ferraris and Lambos).

That being said, I can tell you firsthand (since this what I do for a living) that the first thing we check when appraising a late model trade is what incentives are on the new ones. If a guy is trading a 2008 car and the comparable '09 has no incentives on it, it's worth more than a car that the comparable '09 is selling for $12k off sticker. That's just simple logic.

ExtraV
12-17-08, 02:39 PM
Just about every car across all major brands can be had for invoice right now. In this segment, the IS-F, C63, and M3 can be purchased at invoice from dealers everywhere. Thats why these incentives are needed. Plus, its winter and the CTS-V could not have picked a worst time to debut.

Bigron
12-17-08, 03:57 PM
Yeah, I hear you- any car that's got a huge MSRP is going to depreciate like crazy (other than cars like Ferraris and Lambos).

That being said, I can tell you firsthand (since this what I do for a living) that the first thing we check when appraising a late model trade is what incentives are on the new ones. If a guy is trading a 2008 car and the comparable '09 has no incentives on it, it's worth more than a car that the comparable '09 is selling for $12k off sticker. That's just simple logic.

I agree, look at Honda vehicles. Almost never a rebate or incentive and they hold their value much better than the others.

Lets say a Cobalt and a Civic are both $15k if you have a $2k incentive on the Cobalt and Civics are paying full price and after 1 year of ownership if they both deprecated $3k. One car has now lost a 1/3 of itís value while the other has only lost a 1/5. Why do you think the big 3 cars are the worst for residual value? They base them off of list price not price after rebates.

Jpjr
12-17-08, 04:12 PM
Just about every car across all major brands can be had for invoice right now. In this segment, the IS-F, C63, and M3 can be purchased at invoice from dealers everywhere. Thats why these incentives are needed. Plus, its winter and the CTS-V could not have picked a worst time to debut.

I can vouch for this being factual. I visited a BMW dealer with a coworker of mine a few weeks ago to drive an M3, and they had it offerred AT invoice. Cash is undisputed king right now.

carseller
12-17-08, 06:26 PM
I agree with Cadillac Tony. I have been selling cars for 7 years now, and I have seen rebates and incentives kill resale values on a lot of specialty cars. Cadillac makes better cars then the competition, the warranty is better, and the sticker prices are better.

carseller
12-17-08, 06:31 PM
By the way, I forgot to mention in my last post that I just sold a 09 CTS-V on Saturday. He bought a $51,000 CTS three months ago to drive until his V came in. He traded in the 09 with 3400 miles on it. It is a helluva buy if someone is in the market.

vixapphire
12-17-08, 06:54 PM
Finally got my arms around a $2,600 gas guzzler tax, $3,400 (Ouch!) Recaro Seats and buying a performance, rear wheel car in the dead of Winter only to get held up for $2K more. Wonder if dealers with cars on the floor can still make it happen tomorrow morning?:rant2:

wait a month and it looks like either a BK judge or "car czar" will have ordered a bunch of dealers to fire-sale their merch...

(and while i think there're probably a few too many gm dealers out there (e.g., in 2006, finding a new xlr-v on the floor of a dealer in topock az -- really?!!! it's literally the middle of the mojave desert!), i'm not happy about the prospect of all these people losing their livelihoods)

vixapphire
12-17-08, 07:04 PM
SCOTT, I know how to work the VIL, thanks. My Zone Rep emailed us last night and told us that the $2k would not apply on the V starting today, even though it shows on VIL. I also know it hasn't been removed from GC or Cadillac.com yet, but I try and keep forum members up to date with the most current information, so I passed along the info in an email that originated directly from Corporate.

I suppose we'll wait a few days and see what happens. :suspect:

if they published that the deal is through 1/5/09 like the other poster said, then your source is wrong. someone may wish they could correct a mistake, but they're not going to change anything until 1/6/09 because to do otherwise would invite serious problems with consumer protection law violations. all it would take is for one guy to be denied the deal, and GM would end up buying his CTS-V for him.

incidentally, on a 60-70k car like this, is it that difficult to negotiate more than $2k off sticker regardless of this incentive? or is it because the car is so new to showrooms?

i've yet to see on around LA (other than the mfr-plate-bearing one i saw on the street during the auto show). looking forward to it, though!

vixapphire
12-17-08, 07:10 PM
I agree, look at Honda vehicles. Almost never a rebate or incentive and they hold their value much better than the others.

Lets say a Cobalt and a Civic are both $15k if you have a $2k incentive on the Cobalt and Civics are paying full price and after 1 year of ownership if they both deprecated $3k. One car has now lost a 1/3 of itís value while the other has only lost a 1/5. Why do you think the big 3 cars are the worst for residual value? They base them off of list price not price after rebates.

and if people believed they could drive a cobalt for 250k miles like a civic, all this resale value stuff wouldn't matter. it doesn't matter for the buy and drive into the ground crowd anyway, but the perception lingers that big 3 cars won't hold up like hondas, so why pay the same price, right?

CadV
12-18-08, 02:25 PM
I just heard from my dealer the rebate expired. We are signing the papers early to get around it.

For those of you waiting for your car to show up might want to check with your dealer.

CIWS
12-18-08, 03:04 PM
I just heard from my dealer the rebate expired. We are signing the papers early to get around it.

For those of you waiting for your car to show up might want to check with your dealer.

Ahhh, so Tony's info was correct after all. Hmmmmmmm :yup:

urbanski
12-18-08, 03:10 PM
:abuse:

Kadonny
12-18-08, 03:21 PM
I just heard from my dealer the rebate expired. We are signing the papers early to get around it.

For those of you waiting for your car to show up might want to check with your dealer.

Yup, I got the same thing, rebate expired. All my paperwork is dated 12/17 so I still got it :thumbsup:

thebigjimsho
12-18-08, 03:29 PM
We have a new rep and the rebate applies.

TONY go in to GM Incentive look up and type in the vin and report it today and it will show the $2000.00 rebate..

There is no lease to purchase bonus cash for this..


This is an example to show whats available on the CTS-V

Eligible Incentive Programs for VIN: 1G6DN57P190155532 delivered on:: 12/17/2008



Vehicle Details Delivery Destination

Vehicle Description: 2009 Cadillac CTS V-SERIES Region: NORTH CENTRAL
MMC: 6DN69 State: MICHIGAN
Inventory Status: New DMA: DETROIT, MI
Delivery Type: 010 - Individual Postal Code: 48114
Dealer Code: 20048 County: LIVINGSTON



QUICK LINKS


> Quick Incentive Search
> Advanced Incentive Search
> VIN Incentive Look-Up
> Incentive Information Reports
> Incentive Summary Reports
> Geography Look-Up
> Incentive Management Job Aid
> GM Dealer Sales Allowance and Incentive Manual








Consumer Cash 2000.00

Vehicle Finance

GMAC Smart Lease

GMAC Smart Buy

Combo




Report Generated On: 12/17/2008 13:34:03 EST


Program Name Start Date End Date Option Condition Program # Cash Incentive Code

GM NORTH CENTRAL REGION 2009 RETAIL CONSUMER CASH/APR/DEALER CASH INCENTIVES 12/04/2008 01/05/2009 09-35A-9 2000 CNC







2008 Q4 GM INVENTORY DEALER BONUS CERTIFICATE PROGRAM 12/04/2008 02/02/2009 09-40AG-2 KXA/KXB/KXC/KXD/LBA/LBB/LBC/LBD

GM/GMAC/SFS 2008 Q4 PULL AHEAD PROGRAM 10/11/2008 01/05/2009 09-02-1 ZZZ

2009 MODEL YEAR GM CUSTOMER ASSISTANCE CENTER GOODWILL CERTIFICATE PROCESS 11/18/2008 09/30/2009 09-03-1 LCP

2009 MODEL YEAR GM COLLEGE GRAD DISCOUNT PRICING PROGRAM 11/25/2008 09/30/2009 09-04-2 GCG

2009 MODEL YEAR GM CARD (BLUE/GOLD) PROGRAM 11/18/2008 09/30/2009 09-05-1 UDE

2009 MODEL YEAR GM CARDS WITH REDEMPTION LIMITS COPPER/ PLATINUM AND FLEXIBLE EARNINGS PROGRAMS 11/18/2008 09/30/2009 09-05A-1 UDP

2009 MODEL YEAR GM BUSINESS CARD PROGRAM 11/18/2008 09/30/2009 09-05B-1 UDB

2009 MODEL YEAR GM EXTENDED FAMILY CARD PROGRAM 11/18/2008 09/30/2009 09-05C-1 UDF

2009 MODEL YEAR GM MOBILITY ADAPTIVE EQUIPMENT PROGRAM 11/01/2008 09/30/2009 09-07-1 MOB/MOC

2009 MODEL YEAR GM CREDIT UNION MEMBER DISCOUNT PRICING PROGRAM 12/07/2008 06/30/2009 09-11 GNI

BONUS CASH FOR ELIGIBLE PARTICIPANTS IN THE GM CREDIT UNION MEMBER DISCOUNT PRICING PROGRAM 12/07/2008 01/05/2009 09-11A 250 VKA

2009 GM CUSTOMER APPRECIATION CERTIFICATE PROGRAM 11/18/2008 09/30/2009 09-14-1 1000 VHC

2009 MODEL YEAR GM MILITARY DISCOUNT PRICING PROGRAM 11/25/2008 09/30/2009 09-16-4 GMM

2009 MODEL YEAR GM RETIREE VOUCHER PROGRAM 11/18/2008 09/30/2009 09-18-1 HRC

GM SELECT BUSINESS/TRADE ASSOCIATION PRIVATE OFFER 11/20/2008 01/02/2009 08-35CO-6 500 PAD

GM SELECT FARM BUREAU PRIVATE OFFER 11/20/2008 01/02/2009 08-35CP-5 500 PAC

GENERAL MOTORS Q4 GARAGE MATE DIRECT MAIL PRIVATE OFFER 11/18/2008 01/05/2009 09-35CB-1 2000 KMO

GENERAL MOTORS COMPETITIVE LOAN DIRECT MAIL PRIVATE OFFER 11/18/2008 01/05/2009 09-35CI-1 1500 KMM





> > New Search Total >>










Programs in red and with italic print indicate a VIN Exception Condition - You must refer to program for specific eligibility/compatibility guidelines. Dealer responsible for determining consumer eligibility for each program.


if they published that the deal is through 1/5/09 like the other poster said, then your source is wrong. someone may wish they could correct a mistake, but they're not going to change anything until 1/6/09 because to do otherwise would invite serious problems with consumer protection law violations. all it would take is for one guy to be denied the deal, and GM would end up buying his CTS-V for him.

incidentally, on a 60-70k car like this, is it that difficult to negotiate more than $2k off sticker regardless of this incentive? or is it because the car is so new to showrooms?

i've yet to see on around LA (other than the mfr-plate-bearing one i saw on the street during the auto show). looking forward to it, though!
wrong.



Tony's word is bond. Congrats for being on top of things, Tony, and doing the best for your clients and us as forum members who may never even buy a car from you!

CIWS
12-18-08, 05:40 PM
Yup, I got the same thing, rebate expired. All my paperwork is dated 12/17 so I still got it :thumbsup:

Great to hear you still got in under the wire.

cjwolverine
12-18-08, 07:55 PM
Great to hear you still got in under the wire.

CIWS-

I've heard of dealers doing this all of the time. Back dating pre-dating, post-dating whatever to get a deal done. Are you saying your car is not "DELIVERED?"

I just ordered mine and wonder if I have any fire power with the dealer or am I screwed?

My dealer told me I would be very close to getting it near Jan 5th, (the published expiration date). I just laughed and said, "to the best of my knowledge a car sitting on a lot has never gone UP in price." Once a car is on sale, it only gets better. I figured another incentive would be right behind it in either cash or interest rate or whatever. I will not believe this car just went UP in price.

Is there really any doubt why GM is in trouble? I just got an email from the same dealer willing to sell me a 71K escalade for 45k, but you're telling me the V just rose $2k. Can anyone say "class action"? False advertising? Bait and switch? Good luck everybody.

Chris

thebigjimsho
12-18-08, 08:34 PM
CIWS-

I've heard of dealers doing this all of the time. Back dating pre-dating, post-dating whatever to get a deal done. Are you saying your car is not "DELIVERED?"

I just ordered mine and wonder if I have any fire power with the dealer or am I screwed?

My dealer told me I would be very close to getting it near Jan 5th, (the published expiration date). I just laughed and said, "to the best of my knowledge a car sitting on a lot has never gone UP in price." Once a car is on sale, it only gets better. I figured another incentive would be right behind it in either cash or interest rate or whatever. I will not believe this car just went UP in price.

Is there really any doubt why GM is in trouble? I just got an email from the same dealer willing to sell me a 71K escalade for 45k, but you're telling me the V just rose $2k. Can anyone say "class action"? False advertising? Bait and switch? Good luck everybody.

ChrisBut your V didn't go up in price. You're just not getting as many freebies, tis all. As for class action, skip it Dershowitz. Unless you're losing a non-refundable deposit, you get angry. That's it....

cjwolverine
12-18-08, 10:27 PM
But doesn't (you're not getting as many freebies = price went up?)

I'm not going to call a lawyer, but some people will. You just don't publish something for weeks with an expiration date and then randomly change it. It is a very bad PR move, another bad decision in a long line of bad decisions.

What if you sat down to make your deal and all was done and said and the sales person came back with your paperwork and said, "oh golly that's a mistake on that sticker and red tag. I know that's what we used to get you in the dealership, but now I can't offer it to you. Please sign here and give me $2000 extra. Oh yes the national advertisement says this price is good for 3 more weeks, but it's not."

The bottom line is:
If you paid $60k yesterday and I paid $62k today, the price went up. You can phrase it however you like, but the price went up, the price went up, the price went up.

thebigjimsho
12-19-08, 12:30 AM
But doesn't (you're not getting as many freebies = price went up?)

I'm not going to call a lawyer, but some people will. You just don't publish something for weeks with an expiration date and then randomly change it. It is a very bad PR move, another bad decision in a long line of bad decisions.

What if you sat down to make your deal and all was done and said and the sales person came back with your paperwork and said, "oh golly that's a mistake on that sticker and red tag. I know that's what we used to get you in the dealership, but now I can't offer it to you. Please sign here and give me $2000 extra. Oh yes the national advertisement says this price is good for 3 more weeks, but it's not."

The bottom line is:
If you paid $60k yesterday and I paid $62k today, the price went up. You can phrase it however you like, but the price went up, the price went up, the price went up.No, the price stayed the same. You were just too slow to get a freebie.

Florian
12-19-08, 12:34 AM
werd

Tony is KING!


F

darjae
12-19-08, 12:44 AM
As someone who is taking delivery tomorrow (12/19), I can see the argument on both sides. I was expecting the 2k cash allowance, because the site has said until 1/5/09 since the red tag started. But, I really viewed that as free money, not a price reduction. The cadillac site had it up until today (I have a print from yesterday to prove it). But, I'm truly not buying this car for a $2K discount. They never really needed to discount it. It was obviously a mistake (as the standard cts cash allowance specifically excluded the v).

I don't know that caddy has ever had a car with the advance press and demand as this. Hell, I put a deposit down in February and was #3 on the list at my dealer (who was 13 sold).

I understand the American need to get a "great deal" and the lowest price possible, but I'm buying this car as long as I'm not paying more than sticker! I actually got a good deal on it, but only due to my early ordering and dealings.

on a side note, I had a coworker ask me today why I would buy a GM vehicle when they are on the brink of bankruptcy. My answer was that If we don't buy, we ensure the bankruptcy! I've never anticipated a car like I have this one. I've had a corvette, mustangs, Thunderbird TC, Thunderbird SC, '05 GTO, classic muscle cars and I've never been so excited! The combination of pure brute strength and elegance is something the world has never seen (and may never see again with CAFE and the economic situation.)

Get it while you can gentleman and enjoy it. It's really what it's all about. Everyone in this forum loves cars and your wives don't understand.....but we all do.

Cheers,

darjae

RightTurn
12-19-08, 12:55 AM
Hmmm, speaking as a wife...some do understand. :lol: Congrats on your new V, darjae.

RightTurn
12-19-08, 12:57 AM
But doesn't (you're not getting as many freebies = price went up?)

I'm not going to call a lawyer, but some people will. You just don't publish something for weeks with an expiration date and then randomly change it. It is a very bad PR move, another bad decision in a long line of bad decisions.

What if you sat down to make your deal and all was done and said and the sales person came back with your paperwork and said, "oh golly that's a mistake on that sticker and red tag. I know that's what we used to get you in the dealership, but now I can't offer it to you. Please sign here and give me $2000 extra. Oh yes the national advertisement says this price is good for 3 more weeks, but it's not."

The bottom line is:
If you paid $60k yesterday and I paid $62k today, the price went up. You can phrase it however you like, but the price went up, the price went up, the price went up.

Businesses print retractions ALL THE TIME. Get over it. :gah:

darjae
12-19-08, 01:00 AM
Hmmm, speaking as a wife...some do understand. :lol: Congrats on your new V, darjae.

Thank you RightTurn....hrmmmm....Wasn't speaking for all wives (just mine)? ;)

medici78
12-19-08, 04:09 AM
As someone who is taking delivery tomorrow (12/19), I can see the argument on both sides. I was expecting the 2k cash allowance, because the site has said until 1/5/09 since the red tag started. But, I really viewed that as free money, not a price reduction. The cadillac site had it up until today (I have a print from yesterday to prove it). But, I'm truly not buying this car for a $2K discount. They never really needed to discount it. It was obviously a mistake (as the standard cts cash allowance specifically excluded the v).

I don't know that caddy has ever had a car with the advance press and demand as this. Hell, I put a deposit down in February and was #3 on the list at my dealer (who was 13 sold).

I understand the American need to get a "great deal" and the lowest price possible, but I'm buying this car as long as I'm not paying more than sticker! I actually got a good deal on it, but only due to my early ordering and dealings.

on a side note, I had a coworker ask me today why I would buy a GM vehicle when they are on the brink of bankruptcy. My answer was that If we don't buy, we ensure the bankruptcy! I've never anticipated a car like I have this one. I've had a corvette, mustangs, Thunderbird TC, Thunderbird SC, '05 GTO, classic muscle cars and I've never been so excited! The combination of pure brute strength and elegance is something the world has never seen (and may never see again with CAFE and the economic situation.)

Get it while you can gentleman and enjoy it. It's really what it's all about. Everyone in this forum loves cars and your wives don't understand.....but we all do.

Cheers,

darjae
Are you paying full sticker?

CIWS
12-19-08, 08:01 AM
Get it while you can gentleman and enjoy it. It's really what it's all about. Everyone in this forum loves cars and your wives don't understand.....but we all do.

Cheers,

darjae


Congrats on getting your new V. Please post about your experience with it once you get a little windshield time. :)

trukk
12-19-08, 11:11 AM
Tony > *

-Chris

RightTurn
12-19-08, 01:07 PM
^^ Can I get a "Hell Yeah."

dkozloski
12-19-08, 01:31 PM
We have people here that are ready to go to the mat over roughly 2-3% of the purchase price of an automobile that can at best be describded as a foible rather than as an investment. Flashy cars are to be bought with disposable income. If 2-3% is a deal breaker you need to be buying a cheaper toy. On the other hand, if it means that much to you, you can always swipe a thousand or so out of your kids college fund.

urbanski
12-19-08, 01:42 PM
Tony > *

-Chris

trukk = tony > *

the cadillac kid
12-20-08, 08:53 AM
As someone who is taking delivery tomorrow (12/19), I can see the argument on both sides. I was expecting the 2k cash allowance, because the site has said until 1/5/09 since the red tag started. But, I really viewed that as free money, not a price reduction. The cadillac site had it up until today (I have a print from yesterday to prove it). But, I'm truly not buying this car for a $2K discount. They never really needed to discount it. It was obviously a mistake (as the standard cts cash allowance specifically excluded the v).

I don't know that caddy has ever had a car with the advance press and demand as this. Hell, I put a deposit down in February and was #3 on the list at my dealer (who was 13 sold).

I understand the American need to get a "great deal" and the lowest price possible, but I'm buying this car as long as I'm not paying more than sticker! I actually got a good deal on it, but only due to my early ordering and dealings.

on a side note, I had a coworker ask me today why I would buy a GM vehicle when they are on the brink of bankruptcy. My answer was that If we don't buy, we ensure the bankruptcy! I've never anticipated a car like I have this one. I've had a corvette, mustangs, Thunderbird TC, Thunderbird SC, '05 GTO, classic muscle cars and I've never been so excited! The combination of pure brute strength and elegance is something the world has never seen (and may never see again with CAFE and the economic situation.)

Get it while you can gentleman and enjoy it. It's really what it's all about. Everyone in this forum loves cars and your wives don't understand.....but we all do.

Cheers,

darjae

:word:



----------


Props to Tony. Thanks for the early heads up, most of us appreciate your knowledge and time when it comes to these cars.

cjwolverine
12-20-08, 12:51 PM
I knew someone would chime in with the "if you can't afford 2-3% or $2k then you shoudn't be buying this car" argument.

I can afford it and I'm still waiting for my car. I still want my V.

My point, since you can't read between the lines is that it appears because of a typo or simple mistake that GM had made another $$$$ blunder. How many of these blunders have they made year after year?

When you offer a "nation wide" red tag event sale, do you think someone might proof read it? C'mon guys get it together. If you keep asking, "What's $2000 here and $2000 there?" over and over again it adds up to the tune of :

Whoops can anyone spare a few billion to help us out this month, we've made a few typos over the years?

My comments did not indicate I didn't have an extra $2k laying around. My problem is with a company that made a great car yet blunders around with terrible business management. How many $2k errors does Tony make every month? I bet not very many or he would be out of a job.

You guys who say big deal, get over it. Why don't you bail GM out yourselves. You seem to have thousands of dollars just lying around, so why not just give them $85 k for the car? You says it's an M5 killer so it's still a good buy for $85k right? Yet you cheapskates only give GM $65k? I'm sorry if I offended you by complaining. When would you complain? $5k? $10k? $40k? when does it become a big enough mistake that I can complain, just let me know.

It is this type of accounting or lack of accounting that put them in this situation..

thebigjimsho
12-21-08, 01:08 AM
Bottom line: The Friggin window sticker never changed. You didn't get a freebie you wanted. Buy it or get upset and don't.