Here's your chance to nab the stylish sedan at a great price.
GM is no stranger to slashing the prices of its vehicles. In these challenging economic times, any discount is welcomed by the consumer, especially as greedy dealers place excessive markups on their inventory. Now the largest sedan offering in Cadillac's range, the CT5 takes the fight to the European competition, offering BMW 5 Series space for 3 Series money.
With a starting price of $37,295 (excl. destination fee), it offers exceptional value. And yet, for the month of March, Cadillac is offering a rather lucrative deal on the executive express. Customers can look forward to a $500 cash allowance when opting for a cash purchase or finance deal. However, the real benefits are to be had for lessees.
Those thinking of leasing a CT5 may want to act fast; 2021 models are privy to a $500 discount, available to currently qualified lessees. Both the '21 and '22 CT5 are eligible for a cash allowance of up to $2,500 in certain regions. The lease agreement stretches across 39 months, with a 2021 CT5 RWD Luxury priced at $399 p/m.
A security deposit isn't required, but $3,609 is expected at signing for current lessees of a MY2017 or newer vehicle. This is tethered to an ultra low-mileage lease, limited to 10,000 miles per annum. As mentioned, those seeking to purchase in cash will receive a $500 discount, but there are also additional benefits for those opting to go the financing route.
Cadillac's finance offer on both the 2021 and 2022 CT5 brings about 0% interest for three years, although the deal must be done through GM Financial. 2021 CT5s gain a $500 purchase allowance, something not afforded to 2022 models.
Those looking to score a bargain on the '22 CT5-V Blackwing will be sorely disappointed; the range-topper is excluded from the deal. Cadillac does note that some customers may not qualify for this deal, which is set to expire on March 31, 2022. If you're a Costco member, now is the perfect time to purchase.
Up until May 2, the retailer is offering members an exclusive offer of $1,500 off various models, including the CT5. This does not cancel any manufacturer incentives, meaning you're in for a real bargain. Sadly, those purchasing a 2022 model will have to live without Super Cruise. The brilliant technology has been omitted from the CT5's spec sheet, as the ongoing chip crisis forces manufacturers to delete tech and features from cars.