: Looking at a 2010 CTS-V coming off lease at local Dealer - What Is A Fair price?



rpgibbs
08-04-12, 08:54 PM
I am looking at a 2010 CTS-V that just came off of lease at a local Cadillac dealer. A few particulars; Mileage is 37500, white diamond with titanium interior, pretty loaded with Riccaro seats, sunroof, manual 6 speed. There are a few repairs to be made e.g. 2 rims have a good deal of curb rash, right front lower spoiler has curb rash, plastic in front in front of right front tire is dented. Car appears to be pretty clean and tires are Hancook with 10K miles or so left. Car also is certified preowned with warranty out to 6 years and 100k Miles. In service date was Oct 2009 so approx 3 years warranty left. What is a fair dealer price for this CTS-V after repairs are made to the rims and front spoiler? Thanks

rpgibbs@hotmail.com

larry arizona
08-04-12, 08:57 PM
43K to 45K

smackdownCTSV
08-04-12, 09:49 PM
2010s aren't that cheap yet. I've been offered $43K, $44K, and $45K respectively for my loaded 2010 w/ 22K mi. Depends on the residual they gave they guy. So, maybe the dealer has $41K-$43K into. Which would mean I wouldn't pay more than $45K, a little more if the 6-speed is worth it to you. $39K-$44K for 09s, $45K-$49K 10s, $51K-$55K 11s, and $57K-$59K 12s. All pending condition, options, and mileage. I've seen some loaded 2011s sell for $52K, posted them months ago, and I already posted 2 links on loaded 2012s for $57K and $58K respectively. And given what my trade in is worth, there's where I got my numbers from. Don't forget to check the GMVIS too. It would be a good idea to follow up at wherever it was serviced so you know what was really serviced. Some doesn't always show up on the Carfax and GMVIS.

rpgibbs
08-04-12, 09:57 PM
The 6 Speed Manual is a must for me (I currently have a 2005 RED-LINE CTS-V that is for sale). The dealer advertised the price initially for $55K but I went and took a test drive and he quickly came down to $45K. I think I will offer the dealer $42K or $42.5K after the repairs are made this week. Is this a reasonable price for this Off-lease 2010 CTS-V? Thanks

smackdownCTSV
08-04-12, 09:59 PM
He had it listed for $55K and took off $10K quickly after you test drove it? Why? And did you offer anything yet?

rpgibbs
08-04-12, 10:07 PM
I think that he thought that I was going to buy the car right then and was a serious buyer since i ALREADY HAD THE 2005 CTS-V. Also, my wife is retired from GM (Which I told him) so we can buy new with Preferred pricing or get an exec car (I had the 2012 printouts of those that are available with me). Also, I want a 6 Speed only and he inferred that there was not a big market for the 6 Speed in the CTS-V.

thebigjimsho
08-05-12, 08:50 PM
Try for what you can, but 45k sounds like a very good price...