But time is running out to take advantage.
Leaked order guides have revealed the 2020 Cadillac CT6 is getting a significant price increase. The entry-level Luxury trim, for example, will start at $59,990 – that's $3,500 more expensive than the 2019 version, but you do get more standard equipment including Cadillac's Driver Awareness & Convenience Package, which was previously available as a $3,500 option.
If you've been considering buying a 2019 Cadillac CT6 before the more expensive 2020 model arrives, you may want to act fast because Cadillac is currently offering an enticing discount on the luxury sedan to clear dealer lots.
According to GM Authority, Cadillac is offering a $4,000 discount off select CT6 models. That means Luxury trim's price drops from $51,490 to $47,490, which is over $12,000 less than the 2020 model. Not bad at all. The Premium Luxury trim's price falls from $59,090 to $54,090, while the Sport trim is reduced from $67,590 to $63,590. The range-topping Platinum trim, on the other hand, falls from $87,790 down to $83,790.
In addition, Cadillac is also offering 0 percent APR for 36 months when financing with GM Financial. Current Cadillac owners or lessees can also get a $2,500 purchase allowance with Ally, US Bank or GM Financial. Alternatively, new buyers can get a $1,000 toward the lease of a new model for current GM lessees with Ally, U.S. Bank or GM Financial. You may want to act fast if you want to take advantage of these offers, however, as eligible customers must take delivery of their CT6 by September 30. The discounts also don't apply to the CT6-V.
This latest discount appears to be a final attempt at boosting sales for the 2019 Cadillac CT6 before the 2020 model arrives. Sales of the luxury sedan have decreased by 23 percent to 1,862 units in the second quarter of 2019, though this perhaps isn't surprising considering the increasing popularity of SUVs, crossovers, and pickups.
For the 2020 model year, the Cadillac CT6 will only be available with three trims: Luxury, Premium Luxury, and Platinum. The first two will only be available with a 3.6-liter V6, while the Platinum will get a 4.2-liter Blackwing twin-turbocharged V8, which means the turbocharged 2.0-liter engine offered for some 2019 model trims will no longer be available. General Motors is also offering similar discounts for the Chevrolet Suburban and Buick Encore this month.