[Budd's Cadillac] [ON] Cadillac XT5 Base - 24 Months Lease - FWD $389 / AWD $438 + HST - $3700 Due - 20K KM - 24 Months Maint. Included

Hey guys

I noticed Budd's is again running a similar promo to what they had back in July so I touched base with my sales person from the last deal and he confirmed the details. Personally I think that AWD BASE which is new for 2018 very attractive deal especially if you can stack PP on top. Last time they ran out of cars before the end date for promo so don't wait too long if you are interested! Anyway here it is:

What it is:

2018 Cadillac XT5 FWD Base - 24 Months Lease - 20K km/year - $389 + HST - $3700 Due at signing.

2018 Cadillac XT5 AWD Base (New for 2018!) - 24 Months Lease - 20K km/year - $438 + HST - $3700 Due at signing

Silver Metallic color is included at this price. Other paints should add about $20 - $25 to monthly as they increase the sale price about $900 to $1400 (GM charge, not dealer).

24 Month maintenance covered by Cadillac included, can be used at any Cadillac dealer in US/Canada.

GM Preferred Pricing can be stacked and if you or a spouse qualify. Last time people got $80-$90 knocked off from the monthly cost! Please don't email or ask to get PP pricing if you don't qualify, they will not/cannot offer you this as it's a GM run program and requires verification.

Can stack with one of the following bonuses:

- Preferred Pricing.
- Student Bonus.
- Military Bonus.

You can contact any of Budd's team to get this deal, there are no secret handshakes or referrals etc. A lot of us in the June/July thread including myself dealt with Cameron Ernst - cernst@buddschev.com - (289) 218-9418 and found him quick and easy to deal with.

Check with your sales rep for the full details. I'm just posting the broad points.

Resource Links:

Budd's landing page for the XT5 deal.

Cadillac Canada XT5 page.

Cadillac Canada Build + Price page.


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FAQ:

Please read the old thread, a lot of information there but to touch on some of the questions that was brought up:

I'm too far to make the trip to Budd's all the way in Oakville, can my local Cadillac dealer PM this?
Depends but most likely not an exact match. You could certainly try your local dealer but keep in mind, this price is possible because Budd's has access to in house leasing which allows them to stack rebates which otherwise won't be possible. Please report here if you are successful.

Is there any way to get PP pricing without qualifying for it?
No, you can't get PP without qualifying for it. They require business card and paystub as verification.

What's the interest rate? Can you reduce cost of burrowing by paying higher downpayment?
5.25%, yes it's considered relatively high but it doesn't matter because you're getting a lot higher incentives from Budd's to lower the capital cost. Same lease through GM would cost almost triple! per month for exact trim and mileage.
Yes, you can pay up to close to 40-45% down to reduce your cost of burrowing. Get multiple quotes to see the difference.

Is this some trick open end lease?
No, It's a close end lease. Residual is guaranteed and you are not responsible for difference between residual and actual value at the end. At lease end, you either walk away or buy out the vehicle at price indicated on your contract if you wish.

Can I get higher trims with this offer?
Yes, your monthly will increase proportionally.

Do they offer lease end wear and tear protection/appearance protection?
Yes, but you have to decide what kind of driver you are and if you are likely to damage the vehicle to be worth getting it.

How is the excess mileage assessed?
Excess KM charged at 20 cents/km up to 10'000 km overage (i.e. your return the vehicle with 50'000 mileage vs. the allowed 40'000). Overage over 10'000 km, you have to buy out the vehicle.

I don't like the [FILL IN HERE] fee/tax/levy they are quoting me, will whining make it go away?
It's up to you to decide ultimately if this is a deal you like or not. You can certainly try to negotiate any fees etc. you don't like but ultimately Budd's has structured these deals to be very competitive and everything except HST is factored in to the monthly payment advertised. In order to keep the thread relevant, please keep the thread on topic and post on Automotive Forum if you have complaints about industry practices or if you are wondering if you should lease or purchase etc.

Do I have to go back to Budd's for my complimentary Cadillac provided maintenance?
No, as mentioned you can take the car in to any Cadillac dealer in Canada for the complimentary maintenance.

It's posted on RFD so it should be alright right? Do I still need to do my due diligence/read what I sign?
Absolutely! Read every single piece of paper you sign!