Upgrade your Ride with Cadillac’s Equity Buy-Back Program

Learn how we’re putting Chicagoland Cadillac drivers in brand-new Cadillacs

Welcome to your new drive! As a thank you to our loyal Chicago Cadillac owners, we developed this Patrick Cadillac Equity Buy-Back Program for customers who are in possible equity positions on their Cadillacs.

First, we estimate your mileage and your Cadillac’s worth based on current auction values. When we see that you are in a Cadillac equity position, we will give you a call to notify you. If you have received a call, email or letter than you are one of the few who qualify!

If you qualify, that means that you can most likely trade out of your current vehicle and leave with a new Cadillac without paying a dollar out of pocket. All you need to do is pick out a new vehicle - we'll take care of the paperwork.

Real-life examples of Patrick’s Cadillac Equity Buy-Back Program customers

The Cadillac CTS Family: A couple owned 2009 Cadillac CTS and had a payment of $672 monthly at an interest rate of 13.5%.

• They received an equity notification and were able to drive home with a 2011 Cadillac CTS at a payment of $565 monthly at an interest rate of 9.26%. 

The Cadillac SRX Lover: A woman owned a 2008 Cadillac SRX with a payment of $695 per month. She received a call one day before she was to have service and was alerted to her equity position.

• Instead of spending $850 on service she was able to upgrade her vehicle to a 2011 SRX with no money out of pocket and lower her payment to $587 per month

I'm a Patrick Cadillac owner in Chicago: am I in an equity position?”

If we discover you qualify for our Cadillac Equity Buy-Back Program, we’ll be sure to alert you. We base your equity position on mileage estimates and current auction values for the trade-in.

There are additional factors that will need to be taken into consideration during this evaluation. For instance, your vehicle may have a damaged title or excessive wear and tear. Or it may have higher-than-average mileage numbers, which would mean our estimated appraisal will be overvalued. In both cases you still may have equity, but just not as much as we might have thought.

If you have specific questions regarding your Cadillac equity situation or would like to see the specific stock numbers that would work for you, please contact a Patrick Cadillac equity specialist at 888-349-1416.