$14k incentives on new Cadillacs
Cadillac
 

Cadillac Forums | Help Us Help You | Advertise | Cadillac Parts | Cadillac News | Cadillac Classifieds / (Old System)

Cadillac Technical Archive | Cadillac Dealers | Cadillac Reviews | Cadillac Dealer Reviews | Cadillac Vendors

CadillacForums.com is the premier Cadillac Forum on the internet. Registered Users do not see the above ads.
+ Reply to Thread
Results 1 to 2 of 2
Cadillac News, Concepts, Future Models, Rumors and more Discussion, $14k incentives on new Cadillacs in Current Cadillac Vehicle Discussion; SANTA MONICA, Calif. -- As industry vehicles sales have sagged, it's well known that that automakers' incentive spending has edged ...
  1. #1
    jey
    jey is offline Cadillac Owners Fanatic
    Automobile(s): 1993 Fleetwood Brougham V4P
    Join Date
    Nov 2007
    Location
    Texas
    Age
    31
    Posts
    426

    $14k incentives on new Cadillacs

    SANTA MONICA, Calif. -- As industry vehicles sales have sagged, it's well known that that automakers' incentive spending has edged higher in their effort to move the metal. Now Edmunds.com's analysis of incentive spending shows a record number of models have reached the lofty level of $10,000 per vehicle in incentives.


    A record 10 vehicles in July recorded a Total Cost of Incentive (TCI) of more than $10,000. (TCI is Edmunds.com's proprietary calculation of all incentives on a volume-weighted basis.) Two were BMW models; the rest were General Motors vehicles wearing Cadillac, Saab or Hummer nameplates.

    A record two models - BMW's flagship 7-Series sedan and Saab's 9-7X SUV - have averaged a $10,000 plus incentive for the entire year so far. In fact, the 7-Series is approaching the $20,000 mark.

    n order of the amount of incentive, the 10 models recording a TCI of more than $10,000 in July were: BMW 7-Series; Saab 9-7X; Cadillac XLR; Cadillac Escalade; Cadillac Escalade ESV; Cadillac Escalade EXT; Hummer H2SUT; BMW 6-Series; Cadillac STS; and Saab 9-5.

    10 Models with More Than $10,000 in Incentives in July
    Make Model Volume *MSRP TCI
    BMW 7 Series 1,006 $76,800 $18,704
    Saab 9-7X 405 $40,935 $14,559
    Cadillac XLR 73 $80,690 $14,130
    Cadillac Escalade 1,775 $55,990 $13,365
    Cadillac Escalade ESV 842 $58,490 $13,357
    Cadillac Escalade EXT 329 $54,890 $13,192
    HUMMER H2 SUT 80 $57,470 $11,588
    BMW 6 Series 485 $76,600 $10,723
    Cadillac STS 1,046 $44,515 $10,578
    Saab 9-5 227 $37,685 $10,162



    By comparison, only one model averaged $10,000 in incentives throughout all of 2006 and 2007. None hit that milestone in the 2002 to 2005 timeframe.

    At least three vehicles every month so far in 2008 have had a TCI of more than $10,000. May saw a half dozen models with a TCI of more than $10,000 a vehicle; March had four; and January, February, April and June had three models in that incentive territory.

    By comparison, four vehicles hit the $10,000 mark in July of 2007, but, even in September 2004, the month with the highest industry TCI on record, not a single model had an incentive of more than $10,000.

    In total, Edmunds.com's calculations shows July 2008 was the 10th highest month for incentive spending since it started calculating TCI in 2002.
    http://www.autoobserver.com/2008/08/...hows.html#more

  2. Remove Advertisements
    CadillacForums.com
    Advertisements
     

  3. #2
    ejguillot's Avatar
    ejguillot is offline Cadillac Owners Enthusiast
    Automobile(s): 2000 Seville STS
    Join Date
    Jul 2006
    Location
    Tampa FL
    Age
    40
    Posts
    986

    Re: $14k incentives on new Cadillacs

    I find it interesting that BMW is running higher incentives on the 7 Series than any other manufacturer's car. Must be that ugly styling and iDrive suckiness...

Quick Reply Quick Reply

Register Now

Please enter the name by which you would like to log-in and be known on this site.
If you do not want to register, fill this field only and the name will be used as user name for your post.

Please enter a password for your user account. Note that passwords are case-sensitive.

Please enter a valid email address for yourself.

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Bookmarks

Cadillac Posting Rules

  • You may not post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
Read about Lincoln | Buick | Kia Forte Forum
Need products for your Cadillac? Check out your options at the links below:

custom floor mats | Cadillac Chrome and Black Chrome Wheels | window tinting