Great Deals on Cadillac LikelyOver The Next Year
Cadillac has roughly 1,500 dealerships while Mercedes and BMW have about 350 each.
GM thinks by eliminating most of its Cadillac dealerships, the remanning dealers will sell more collectively.
GM may want to terminate about 1,000 Cadillac dealerships by October 2010. If this were to happen, those terminated dealerships may find themselves in a similar situation to Chrysler dealers which were terminated recently.
Some of those dealers were forced to sell their inventory at fire sale prices.
Most terminated Cadillac dealers will probably be able to sell their inventory to the remaninig dealers, but a few will surely be forced to make some great deals with the public.
If you've got a long-term horizon before buying a car and you're considering a Cadillac, it may be a good idea to wait and see how this plays out.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid