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Lets say someone is making payments on a 60 month car note for three years now and that person wants to get a new or pre-own car. What if you want to buy or lease a preown automobile regardless if you still making notes on the current car, will the dealership pay off that trade in vehicle for you and it was added on the other payment on this new vehicle that you lease/buy? How does that system of transaction work when it comes to stuff like that? For example, lets say I saw a pretty preown '95 Eldorado ETC that has 54,000 miles on it with every option in the book and the asking price was $21,000. I own a car I am making payments on currently. Will the dealership pay off the post balance (exact amount without finance charge and APR that is deleted) to the financial lien or am I better off paying that car in full or until my very last car note to think about another car? After the dealership pay off my current car, will they put that buy-out figure from the current car (trade-in car) to the potential ETC purchase? How does that work? You can tell that I never done this before. Does it work the same way with leasing also or is it different? What about the same situation with a new 2001 model never driven?
Sweetjeldorado: When ever you trade in a vehicle, that amount gets deducted from the selling price of the new or used one. When you have a balance, it gets added back to the total. For instance:
selling price: 30,000
trade: 10,000
difference: 20,000
payoff: 9,000
total to finance: 29,000
Payoff always gets added after applicable tax. When you lease a vehicle, it work no differently unless you have the vehicle paid off. There are actually a number of different ways to do this depending on what state you live in. In Illinois for example, let's say the customer wants a one pay lease (Make all payments up front, saves some interest), and he has a trade worth $25,000. The total of his payments are $23,000. I cut him a check for 2 grand. Sometimes a customer wants to receive some money back from his trade. This can also be done. You simply buy his car outright, separate from the lease deal, and give him a check for the difference between the down payment and the appraisal of his car. Leasing affords many different ways to go about the trade "problem" Buying the new or used one is pretty much cut and dry.
Harleybill
Still looking for specific information about the rough idle fix. I asked again when I picked my car up and the service advisor said they don't have anything on it. Tccad1, can you help? If so, I probably would not tip you, but would be very grateful...
Pfergy: I would have to say that the midwest region is similiar in their pricing. Lack of Cadillac dealers in your area will increase price based on availability, but it sounds a bit too high to me. However, price is a relative thing. If you like the price on that car, what is the difference? People ask me what I am "making" on a used car. I assume they want the best deal. If I own a car for $1, does that mean I have to pass the savings on? The best price on any car is one you can be happy about. Still sounds too high though..=)
Philly: Mine has the oatmeal interior w/ Moonstone paint. My guess would be that we are going to be celebrating a one year anniversary on this car.
Tamco: Thanks for the concern. Doctor gave me a clean bill of health the other day. About the K/N airfilters and 00 motors. I don't think there is an official replacement for it yet. I ran in back to check on a few different models, and the air filter compartment looks to be the exact same in a 99 compared to the 2000. As for bumping up the horsepower, be careful. Anything you do to the computer that is aftermarket will void the warranty. I am speaking about adding performance chips and such. Better off leaving it alone. The difference really isn't that great.
Etharmon: 98 STS's are in the lower 30's. Eldos are in the high 20's. Eldos seem to hold their line fairly well because of availibility on the used car lots. Not alot of them around.
ashur1: I just ran downstairs and asked the service director about the rough idle. Here is the official word. There is no fix. Rumor has it, Cadillac knows and is working on it, but there is no bulletin. What we have been doing, depending on severity of the problem is replacing teh crankshaft sensors. That seems to help a little bit. Any other monkeying with the system throws off the emissions. As soon as I hear about a fix, I can email you if you post it here.
A note about Carfax: Read this carefully. Carfax is a WASTE of money. What they tell you can be received by any DMV around. For free usually. Besides, if a dealer sells you a vehicle that has a mileage discrepancy, whether you notice it after 10 days or 10 years, they must under penalty of law, by the vehicle back for the full selling price. It is VERY illegal to sell a vehicle with an odometer problem whether known or unknown. Somewhere to the tune of 10 years in jail and up to $100,000 fines. Then the state comes in and essentially ends your business until they audit every single deal over the past 5 - 6 years. Most problems are found out before they even hit the car lot anyway. And we go back after the original owner hard. I have called a customer and told him he needs to cut me a check for $5,000 on the spot. He refused and said it was my problem now. I politely told him to call his lawyer when he gets back to his office. He was on my doorstep at 9 am the next morning with a check in hand. Mileage problems are nothing to fool with. The other service Carfax provides for is branded titles. It is not illegal to sell these vehicles, however, you have the right to physically see the title before you take final delivery. If the dealer cannot produce the title, politely state that you will not take delivery until you can see it. In most states, it is illegal to sell a vehicle without having title on hand anyway. In every state, there is a spot marked "special notes" or something to that effect. There are about 5 different messages that can be written in there. If the see something odd like flood, rebuilt, or not actual miles, run. Again, if you take delivery of a vehicle that has a branded title, and you didn't sign something stating that you knew it was such, drive it for a few years and return it to the dealer for a full refund. I had an unfortunate situation where a customer had an 88 Porsche 944. Beautiful car. Perfect condition, no paint work anywhere. I appraised it for $8,000. Strong money for the miles it had and no turbo. The customer came in with the title and it was marked rebuilt. I then had to tell him the car was now worth $1,500. As it turns out, it was a mistake by the DMV and got marked incorrectly because someone had bad penmanship. Clean title came back, and everyone was happy. That shows you how much us dealers don't want to have to deal with a branded title. Sorry that got so winded, but I had to let you know my two cents.
Now, since M-B's cost the same for a smaller car with a smaller engine, (and presumably less toys)than the Caddy, that would seem to suggest that the buyer is taking the hit up front, rather than when he gets out of the car. I dunno...
Model is the 96 Sedan Deville, diamond white, sunroof, and chromes and with Mich sales tax; out the door was $34,200 cash new. The 96 replaced a 91 Touring Sedan bought new in Aug 91 after the 91 STS was stolen in July 91. I sold the 91 Deville Touring Sedan with 59K miles and a new 4.9 engine for $13,500. Piston slap was a 4.9 problem so at 59k the factory installed a new motor.
I drive the Caddies to Fla, and to the dealer for whatever ails it. My current car is a 99 Intrigue GLS which is of questionable quality; however it serves as the business wheels. Previous car was a 98 Intrigue but was purchased by GM after 26k miles due to various complaints. I turned around and fell into another one for $800.
Ego and status are the biggest Caddy markets; since it is not a car that ages gracefully under high-mileage conditions. I am a senior, self-employed and used to pound the road at the rate of 4k/5k miles/mo and went through a ton of cars with damn few problems; however the Caddies somehow require continual tweaking.
In conclusion---I did not intend to blast the Caddies for my wife is happy; so that's a blessing to be thankful for and a plus for your side. Spent three years in Crystal Lake, Il--lovely area, however did return to Mich.
Keep up your informative posts and Caddy updates.
BTW: Moonstone on Neutral Shale? Yuck!
Communiport and infotainment center: I currently can not order a DTS with infotainment in it yet. As soon as I get word, I'll post here. The option code will be the same as it is on the Seville..U45.
I have considered ripping the beechwood interior out and replace it with pewter. I don't know any other way to sell this thing!
As for your beechwood problem, I will pray for a color impaired person to walk into your dealership and fall in love with it. Some one like my dad who bought an '81 Sedan DeVille brand new painted "Sandstone" (think Mary Kay). They only made that color for one year...go figure.
If push comes to shove, there is always Krylon!
Then, I would raise hell with him/her. I would also let the dealership know (in writing) that this delay is simply unacceptable and you demand a status report with a conclusive date of completion.
In 49 days, they could have rebuilt the entire car from parts with enough time to take it for a test drive....to the North Pole and back.
I wouldn't stand for this if I were you!
Good Luck
The lemon law states that if your vehicle is out of commission due to a non conforming problem for 30 business days or it is in for the same problem 4 times in the first twelve months of ownership, it can qualify to be called a lemon. Howver, since this was because of a lightning strike and not a problem with the vehicle, the lemon law won't help you. Besides, it is easier to go through a CS rep than the courts on this. Cadillac would fight you hard and you would wind up costing yourself way too much time and money.
What Davis is suffering from is "Defect of Dealership" which needs a swift kick in the pants to solve!
"We are sorry you are having problems with your Cadillac radio. According to our service engineer, there is a fracture grid on the rear heating element. The
fracture gives rise to an electric field that gets picked up by the antenna.
The dealer will have to find the fracture on the grid. If they can not find it then the glass may have to be replaced."
dealer demo 8300 miles
$34576 + $950 taxes + $145 lic.
Are there any hidden issues with this vehicle?
I have the weekend to reach a decision. I have never owed a deville, but many family mebers have.
It seems to be a ok price, but it's already a year old and broken in. The only way to know if you are getting a deal is to find out what the invoice price is and what the dealer is getting to move the car (incentives).
Taxes and license fees are irrelevant as this is an national forum.
Good Luck./
Color Cashmere No other demos but 2 pewter colored 2000's on lot with 2001 arriving.
msrp 40340.
The salesman was rather non communicative. Seems just wants to sell the car.
I don't know what the invoice price is.