Car Price Secrets

The Secrets to Your Lowest Possible Price on a New Car

Car Price Secrets
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Did You Know Every New Cadillac SRX Has a Secret Price?

It's the low price dealers offer Internet shoppers...

Discover the Dealer's Secret Price

2016 Cadillac SRX

Price Range: $37,605 to $51,730 Your Price: Ask Us

I thought I'd try your free services since I didn't want all the drama and stress of negotiating the price. It worked! It was so easy to save money and I love my new car!

Gina L.
Los Angeles, CA

Over the past month, we helped 97,584 new car buyers find their perfect car!

2016 Cadillac SRX Overview

  • Five-seat midsize luxury crossover
  • Offer Wi-Fi hotspot capability via OnStar and a 4G LTE connection
  • Five-star overall crash test rating from the NHTSA
Returning without any significant updates is the 2016 Cadillac SRX, a stylish midsize luxury crossover with seating for five passengers across two rows.

The SRX’s styling fits in well with the new-look Cadillac that’s emerged in the past few years; their cars have been tailored for a younger audience, with sharp angles and a futuristic aesthetic that was missing on their previous offerings. 18-inch alloy wheels, heated side mirrors, and halogen headlights come standard, with a power liftgate and HID adaptive headlights optional.

Under the hood there is only one engine option: a 308-hp, 3.6-liter V-6 that is mated to a six-speed automatic transmission. Front-wheel drive is standard, with an all-wheel drive system for better traction also available. Fuel economy ratings are par for the course in this class, 17/24 mpg city/highway for FWD models (opting for AWD drops each of those numbers by one).

Inside, the SRX has cargo room comparable to more compact crossovers than midsize ones, with 29.9 cubic feet of cargo room, which expands to 61.1 cubic feet when the 60/40-split second row is folded down. The SRX features plenty of in-cabin technology, including the Cadillac User Experience (CUE) infotainment system which comes with an 8-inch touchscreen and replaces many of the physical controls with touch-sensitive buttons. Standard features include Bluetooth connectivity, HD radio, dual-zone automatic climate control, USB port, a Bose sound system, and leatherette upholstery. The SRX is offered in four trim levels: base, Luxury, Performance, and Premium. They add features like real leather seating surfaces, heated front and rear seats, adjustable pedals, and navigation.

The 2016 SRX performed well in crash testing, earning a full five-star overall rating from the NHTSA (their highest rating). Standard safety features include six airbags, antilock brakes, and an electronic stability system. The SRX is also available with many driver aids and plenty of safety technology, including forward collision warnings, automatic braking in forward or reverse, lane departure warnings, blind spot warnings, rear cross-traffic alerts, a rear view camera, and front/rear parking sensors.

Other Cars to Consider

Car Buying Secrets

Consumer Incentives

Zero percent financing, employee discount, cash back, out-the-door price tags...

Most dealers work hard to offer the public competitive prices. These incentives can grab your attention, but they can also obscure the actual terms you're getting on your purchase.

How can you fully understand incentives to get the lowest possible price on your car?

Finance & Insurance

Most state franchise laws prohibit manufacturers from selling cars directly to the public, so the dealer will be your middleman. But in terms of financing and insurance, you can choose a bank or the dealer directly.

How can you determine what's in your best interest?

Additional Costs

Destination charges, taxes, license and title fees, advertising fees... When going to a dealership, you must ask for an explanation of any fee you don't understand. But you need to choose your battles wisely. Your local car dealer may have taken a loss or slim profit along the way, and your fighting over something like a doc fee when the deal is nearly wrapped up may be counterproductive.

In any case, there are many fees and charges in the sale process: some inevitable, others questionable.

How do you tell them apart?

Trade-in Value

If you currently own a car, it probably represents profit. The question is, whose profit will it be?

With few exceptions, you'll get the most money for your used car by selling it privately. That's because dealers pay wholesale prices — not retail prices — for used cars, and they sell them at retail.

Your current car's value can be used to lower the price on your new car. However, most people underestimate their used car's value when going to a dealership.

How can you maximize your value?

Dealer Holdback

The car manufacturer holds back a fraction of the price of all vehicles the dealership sells. Then, it returns the money to the dealership, usually on a quarterly basis.

Dealer holdback began its life as a safety net that ensured the manufacturers would have a security deposit of sorts if a dealership missed payments, and the dealerships would have money on hand to cover overhead costs when the holdback was returned.

How can you take advantage of dealer holdbacks to get the bottom line price?

Dealer Incentives

Unlike consumer incentives, dealer incentives are factory-to-dealer incentives that reduce the dealer's true cost to buy the vehicle from the factory to below invoice.

Manufacturers offer these incentives on a regional basis to generate sales on specific models. These incentives are sometimes referred to as "spiffs," and they can touch off competition among dealers to move slower-selling stock.

For instance, a dealer incentive may kick in when a certain sales target is reached, with each subsequent sale resulting in a higher factory-to-dealer rebate.

How can you benefit from that?

Get your free quote above and we'll tell you these secrets.

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