Blasius Cadillac (Waterbury, CT) quoted a lease in writing, took my license and signed docs to…read more"take the vehicle off the market" -- then demanded more money, saying they calculated their own residual wrong
Sharing my experience with documents attached (personal info redacted) so others can judge for themselves.
Car VIN: 1GYKPRRL9VZ301014
Timeline:
* Aug 6: Blasius Chevrolet/Cadillac sent me their own printed worksheet for a new 2027 Lyriq Premium Luxury (VIN ending 301014): MSRP $69,676, $6,200 discount, $2,000 rebate, selling price $63,476. Their printed lease grid shows $781-811/mo at 39 months / 10,000 miles with $3,000 drive-off.
* Aug 7 (texts attached): I confirmed in plain words -- "$3,000 down, then $781 for the next 38 months. No fees, no taxes, nothing else. I walk in, pay $3,000, and take the car away. This is all inclusive." The salesperson replied: "That's right... that is the number," conditioned only on strong credit approval. My credit is strong; credit was never raised as an issue.
* Same day, at the dealership's request, I sent driver's license, registration, insurance card, and signed documents, after being told: "just send me your license, registration, and insurance card and I will take the vehicle out of the market for you." They declined to take a deposit.
* I wrote, before sending anything: "I am 2 hrs away from your showroom and I don't want surprises after I come."
* Before delivery, the dealership demanded $850 per month and more money down. The reasons given: the car hadn't arrived yet, and they had "calculated the residual value wrongly." For anyone unfamiliar: dealers don't calculate residuals -- the bank publishes them monthly and the dealer looks them up. Their own worksheet printed the same 60.0% residual at 24, 36, and 39 months, which real bank residuals never do. Their sheet, their error, confirmed twice in writing.
* When I asked them to honor their own quoted terms, the salesperson and sales manager were dismissive.
I remain willing to complete the lease at exactly the terms they put in writing. I am filing complaints with the CT DMV Dealers & Repairers Division and the CT Attorney General.
Read the screenshots and worksheet and decide for yourself whether this dealership's word is worth it.