-June 2024 Special Lease Deals-
2024 Chevy Blazer EV lease from Bayway Auto Group Click here
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2024 Chevy Blazer EV lease from Bayway Auto Group Click here
2024 Jeep Grand Cherokee lease from Mark Dodge Click here
2025 Ram 1500 Factory Order Discounts from Mark Dodge Click here
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Comments
-"The customer will be credited for any out of pocket cash contribution made on the old unit"
What does that mean? Delivery fees? Gas and time taking the car back and forth to the dealer for service?
-"The customer will be eligible for any rebates offered on the replacement unit"
I thought it was supposed to be a like for like swap? What if the rebates weren't nearly the same on the old unit as on the new unit?
-"The customer will not be charged any useage fees".
Again, I don't know what that means. Does that mean they won't charge me any mileage, or wear and tear fees? That is my interpretation, but the dealer says they need clarifiction.
-"The customer will be allowed to buy any dealer in stock unit for a price equal to the price paid for the old unit. Dealer will sell new unit to Mr. "GG" for net cost of unit, with all rebates going to Mr. "GG". All dealer holdback and dealer incentives are to be deducted from the cost of the vehicle."
That part seems relatviely straight forward.
Again, they say they estimate it will take 45 days for all this to transpire.
We'll see!
Mike I'll give it a shot to live up to what I expect. I agree with you. If I decide to get rid of it, the cost of doing so with no miles, or 3 months old and a few thousand miles isn't going to amount to a hill of beans.
The dealer is about 10 miles (maybe less) from my house. I've never had much luck striking a deal with them in the past. They are part of a large dealership group in Cincinnati. But, as I mentioned ealier have totally turned over managment and staff over the last several weeks. So, maybe it's a sign they are looking to go in a different direction, which would be a good thing for them.
This is sort of a diffent business transaction for both of us, though. They seem to be willing to work with me for what will probably end up being no money for them.
2014 Malibu 2LT, 2015 Cruze 2LT,
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2021 Genesis G90
Andres, I would have thought by the time you reached manhood that you would have learned that "you don't beat a dead horse!" Why? In the horse's case he's dead and doesn't feel a thing. In the case of speed limits and safe driving speeds, there's a point where one has to learn that continuing a campaign to win a point of view contest is like beating a dead horse OR your continuing campaign is "falling on deaf ears!"
No grief from me but do what I (usually) do when I see a couple of poster's names...Use your scroll wheel on your mouse!
Oh, I know that's hard to do sometimes.
Reading all of the above, carefully, more than once, I wind up with this:
If you paid $41k for the old Cadillac, and the new Cadillac is $51, then you will owe the difference, $10k. If there are $3k in incentives, then that would be deducted, and you would owe $7k.
All my numbers are made up, by the way.
And it becomes even stickier if you traded in on the old one. Say the old one had an MSRP of $50k, and your trade was really worth $5k. The dealer will often write the papers as
$50,000 minus $10,000 trade in, you owe us $40,000
What I’m saying here is that the papers you sign very often don’t bear much resemblance to the reality of the deal. So who is to say / determine how much, exactly, you paid for the old Cadillac? Are they just going to go by the window sticker, the MSRP?
I prefer a more muted yellow. GM sold a lot of this color in the late '60s. Chevy called it Butternut Yellow.
2017 Cadillac ATS Performance Premium 3.6
I hope the deal is set up so you do not have to pay sales tax again. On an even swap there likely would be no additional tax. Might be different if they buy your car and sell you another one. Could amount to about $4000 in tax.
By the way, I despise "school bus yellow" (no insult intended oldfarmer) because when I was a school principal, school buses caused me the most stress of any thing I had to deal with - breakdowns, late arriving buses, discipline in the buses, etc.
So you won't catch me dead in a car that was school bus yellow!!!
2021 Genesis G90
GG, the bottom line is all you care about or need to know! You tell the Cadillac dealer handling this so called "swap" - "...if this is going to cost me anymore than 1 plug nickel, don't bother going back and forth with Cadillac! Just give me all the money I paid for the original 2014 - OTD cost, and let's just get this over with..."
2021 Genesis G90
BTW, if a simple swap is done in a lemon case, how is the "Lemon Lawyer" compensated?
So, I'm figuring the "new" '16 CTS lists for about $64K. Invoice is about $60K. Holdback is about $2K. Another $4K from Cadillac in purchase rebates. Another $2K in rebatres comes off since I'm a current Cadillac owner. Given all that, I'm figuring a price of $52K for the '16.
My '14 stickered for about the same price. But, my purchase price was about $8K less because of rebates at the time.
That's not relevant, though. Because what I agreed to was an even swap with no out of pocket.
So, lots of questions here. Dealer has a bunch, too. Cadillac has my purchase info on my '14, so none of this should be dificult to figure out. They get the old car back with the title signed over to them, I get the new car with the title signed over to me. Sounds simple to me.
2013 LX 570 2016 LS 460
I can't wait to see what they finally put out i fron
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
You get a price you like for a car, you go home and tell your family, the neighbors, your friends that you will be buying a new car the next day.
You are pretty excited. Then you go in to buy at the agreed price and their are extras plus things they didn't tell you. It's a technique to make you pay more so you won't have to tell all these people you don't have a new car. It even works psychologically on the consumer because now he will convince himself he has to have the new car.
The 45 days is a big red flag too....what could take 45 days to figure out?
Not saying the deal may be completely legit, just saying............I wouldn't get my hopes up too much.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
By the way, I despise "school bus yellow" (no insult intended oldfarmer) because when I was a school principal, school buses caused me the most stress of any thing I had to deal with - breakdowns, late arriving buses, discipline in the buses, etc.
So you won't catch me dead in a car that was school bus yellow!!!
School bus yellow is actually 'National Chrome'.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
You are pretty excited. Then you go in to buy at the agreed price and their are extras plus things they didn't tell you. It's a technique to make you pay more so you won't have to tell all these people you don't have a new car. It even works psychologically on the consumer because now he will convince himself he has to have the new car.
If this happened to me, I'd be sure to till family and friends what the dealer did to me that caused me not to take the car.
Well, this morning, my checking account was increased by $648 due to an electronic deposit from Social Security. My brother got his by check.
I guess sometimes it takes an Act(ion) of Congress(man) to get this government of ours to do what is supposed to get done. I sent Congressman Deutch an email thanking him.
Just another example of what happens when a government gets so big and uncontrollable that it no longer serves the people it is supposed to serve!
2021 Genesis G90
It seems that the one issue is the relative amount of rebates/incentives that may have applied originally versus now. I would exclude dealer discounts or other price reductions that were not offered by Cadillac corporate from that.
Good luck!
2017 Cadillac ATS Performance Premium 3.6
Yeah, this could get murky.
So of course, I have been monitoring the local dealers web sites, looking for great deals. I am not above taking advantage of someone else’s misfortune. Today, WestHoustonVw.com, the dealer I mentioned above, threw up some unbelievable prices. $16,182 for a 2015 Passat 1.8T Limited. This is about $2k better than any other dealer in town, and piqued my curiosity.
I called, talked to a salesman. “Yes, we have several in stock, at that price. If you qualify for the loyalty incentive ($2k), I can sell you that car at that price. If you have great credit, I can finance you for 60 months at 0% at that price.” So I drove across town, in the rain. Guess what? The salesman is a lying [non-permissible content removed]. There is a $3k lease incentive. You have to lease to get that price, they will not / can not sell at that price.
Oh, and another $1,000 of that is in a trade incentive. So you have to qualify for the loyalty incentive, you have to lease, and you have to have a trade in. They could have said that on the web page. And for dang sure, they should have said it on the phone.
West Houston Volkswagen has a world class service department. They really take care of you, treat you nicely, go to bat for you getting things taken care of out of warranty. But you do NOT want to try and buy anything there.
2024 Ram 1500 Longhorn, 2019 Jeep Wrangler Rubicon, 2019 Ford Mustang GT Premium, 2016 Kia Optima SX, 2000 Pontiac Trans Am WS6
Costco is a top tier gasoline and equivalent to Shell, Chevron, Mobil, Texaco, etc. It made sense to save some cents (did I just make a pun?) this time. Costco is usually only a 5-10 cent savings, but this was a bonanza!
2021 Genesis G90
I know most people wouldn't take the time, but I would write to the manager/owner telling them their ad was a waste of your time. The problem is it probably gets the results they want so they won't care.
A Passat for $16000 would be one great deal.......but seems unrealistic. We paid $23k for a manual 2013 model. That was an average price which was fine......I wasn't going to drive all over Florida trying to save $100.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I'm waiting for answers, too.
Rebates, etc shouldn't matter. It's a "like for like" swap. No money changing hands. Taxes are paid on the difference. But again, that shouldn't matter. There should be no "net" cost difference.
"Here are the keys and title to our car, give us the keys and title to your car." And, I drive away. Whatever Cadillac and the dealer have to do internally to make the swap, and what, if any, monies that have to change hands from Cadillac to the dealer, are of no consequence to me. That's between them.
45 days to transact? Ummm....what's that about?
I was feeling good about this before, as I could see a light at the end of the tunnel. Not so much, now.
'24 Chevy Blazer EV 2LT
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
If they just trade it probably means they know you got them.
If it is a scam they are just doing what they normally do, get your hopes up and stall to try and break you.
Maybe the LL people told them it wasn't looking good for them.
What state has that double or triple payment? That's what you should get.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Total bull...
Currently own: 2017 BMW M4, 2011 Nissan Frontier Pro-4X Used to own: 2008 VW R32, 1998 Jeep Cherokee Sport, 1987 BMW 325IS
I was toying with the idea of buying 19" wheels for my Mustang and I wound up on the Ford site. First off it was very user unfriendly but the real frustration came when I saw the prices. The standard 19" wheels went for over $900 each. Are the kidding?
I've found similar after market wheels for under $200. Why would anyone pay that kind of premium? That's just plain greedy.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Re: the "45 days", I wonder if that's to allow a reasonable chance for the car you want to be sold, then pawn off an inferior one or demonstrator on you? Do you know if they are holding that car for you?
so you could buy outright with financing at one price, or lease with different incentives (at a different cap cost, but most leasees probably don't pay attention to what that is!)
I wonder what that Passat lease would be, with all the lease cash + loyalty? I should go get one, just to have a spare!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
still, you should be able to find a quality aftermarket set for cheaper. Just do your research!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
You would think that GM and/or Cadillac, having been in business as long as they have, that they have become so "shady" as a company. None of my dealings with them have been easy and I always feel like I need to hold my wallet every time I get a notice from them, or I have to talk to them on the phone.
If it all falls apart, maybe you can add (more) delay and (more) bad faith to the claim.
Everybody comments on how good it looks and how nice the interior is (I have an Overland.) The neighbor across from my house had never talked to me in 3 years, never even waved hello. When he saw it, he came over and talked to me for about 20 minutes because he's interested in buying one (not sure if he ended up getting one. He's moved.)
The only problem has been with the radio. When you start it up, the XM radio sometimes takes a bit (20 seconds or so) before you can change stations. It hasn't bothered me enough to do something about it.
If you'd like to know anything else, just let me know here or send me a pvt message.
GG, if you end up shaking hands with them at the end of the deal, be sure to count your fingers .
2021 Genesis G90
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
We saw the Steve Jobs movie and it was fascinating. How this genius had no empathy for anyone, and how he could be such an egomaniac. But, imagine, thinking up Apple devices, and then devices for music - MP3 players, and then helping to make Pixar, and bringing Apple back from bankrupcy.
Today we saw Bridge of Spies based on true events in the 50s. Some of the 1950 cars shown were incredible too, really nice to see. (I did think the opening shot was supposed to be 1957 and I believe there was a 59 Plymouth parked on the street). The movie was based on a real story and Tom Hanks was brilliant.
If these movies were on your list then be sure to see them, they were so worthwhile.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250