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Cadillac Escalade, Cadillac XLR, Cadillac STS, Automotive News
Jun 25, 2008 (8:40 am)
By Jamie Lareau
June 23, 2008
General Motors will unveil a Cadillac CTS wagon this fall in an effort
to compete with BMW's 3 series and Mercedes C-class wagons.
Cadillac intends to start production in 2009 for global sale. GM has
shown a CTS coupe concept to be produced next year.
Cadillac also plans to replace its current SRX crossover with a
production version of the Provoq concept crossover as a 2010 model. The
current SRX has suffered disappointing sales. Sources familiar with GM's
plans say the re-engineered and restyled SRX will look similar to the
Provoq, a hydrogen fuel cell concept.
When the Provoq was shown in January, Cadillac General Manager Jim
Taylor told Automotive News that a production version could do something
the current SRX has failed to do: draw in female buyers. Taylor
predicted a production Provoq could sell 60,000 to 70,000 units
annually. Last year, Cadillac sold 22,543 units of the SRX in the United
The current SRX is built on the Sigma architecture, also used for the
CTS and STS. The next-generation SRX will be on a new architecture that
is a blend of two GM front-wheel-drive architectures, Theta and Epsilon,
and will likely be powered by a V-6 engine. In size it would be between
the Saturn Vue and GM's Lambda-based crossovers such as the Buick
#4915 of 6195 Cadillac, a real steal???
Jun 27, 2008 (10:40 pm)
Is it true that Cadillacs are a steal in the used car market? I've met a former Cadi salesman who claim that Cadillacs value depreciate big time, making them real killer deals. As an example, he told me that STS and SRX lost at least 40% of its value the first 3 years. DTS even worse, losing almost 50% in 3 years. However he recommend STS when considering cadillac since it has the best quality. If this is true, then I suppose 2ndhand Cadillacs are really worth a look. I'm no fan of domestic brands, but if STSs are that great of a value for money I'd consider it.
I've also seen a few dealers selling NEW??? '06 and '07 STS, but no sticker. So I wonder if its really worth it. How much should I pay? Any infos appreciated. Thanks
#4916 of 6195 Re: Cadillac, a real steal??? [m4d_cow]
Jun 28, 2008 (4:39 am)
I'm on my fifth Cadillac, (2007 DTS Performance) and they are most definitely worth it! A used one can be a great bargain. I'd just make sure the car had all its maintenance records and was well cared-for. The way a previous owner has cared for the car has a lot to do with it. I still have my 1989 Cadillac Brougham and it is still in excellent condition after 19 years and 157K miles.
I'd also consider a new Buick Lucerne CXL as it is almost as nice as a Cadillac DTS.
#4917 of 6195 Re: Cadillac, a real steal??? [m4d_cow]
Jun 28, 2008 (4:57 am)
Is it true that Cadillacs are a steal in the used car market?
Some times yes. Many Cadillacs are pruchased by seniors who don;t live long enough to put enough miles on it, some won;t even get to see the first oil change. Buicks are even better deals in the regard.
#4918 of 6195 Re: Cadillac, a real steal??? [m4d_cow]
Jun 28, 2008 (10:51 am)
I saw a listing for an 06 STS-V (how rare is that?!) from a local Caddy dealer...but he wanted the same amount as an 06 E55 goes for (55K IIRC)...dealers of the make of the car always seem to want a lot.
But the normal models do appear to be great used deals, low residual value and often they are driven sparingly and gently by their owners.
#4919 of 6195 Re: Cadillac, a real steal??? [fintail]
Jun 28, 2008 (12:47 pm)
My local dealer is offering 20k off brand new 07 STS msrp $67k,
#4920 of 6195 Re: Cadillac, a real steal??? [irnmdn]
Jun 28, 2008 (4:05 pm)
Is that a V? That's a huge msrp.
#4921 of 6195 Re: Cadillac, a real steal??? [irnmdn]
Jun 28, 2008 (6:57 pm)
It isn't even worth $47K. Depreciation on that in 3 years will cost you another $20K.
Jun 28, 2008 (9:57 pm)
Someone suggest that I should be able to get the car at a used car price, about 55% off the new price. Is it possible? I mean that'll make a 50k STS a real steal at around 27-30k...
#4923 of 6195 Re: Well... [m4d_cow]
Jun 29, 2008 (9:55 am)
eBay Motors and Cars.com are both good places to see used/program cars that are available. I see little evidence that STS's are going cheaply. On new SRX's and STS's, there is a $3000 (SRX) or $3500 (STS) incentive or 0% interest.
The program cars have been quite good pricewise in the past, so current prices seem to be inline with that.