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Can GM make Cadillac the standard of the world Again?

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What is this discussion about? Cadillac Escalade, Cadillac XLR, Cadillac STS, Automotive News

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#4915 of 6098 Cadillac, a real steal??? by m4d_cow 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 Replies to this message: lemko (Jun 28, 2008 4:39 am) irnmdn (Jun 28, 2008 4:57 am) fintail (Jun 28, 2008 10:51 am) irnmdn (Jun 28, 2008 12:47 pm) fintail (Jun 28, 2008 4:05 pm) and 1 more... circlew (Jun 28, 2008 6:57 pm) trimaster (Jul 04, 2008 3:41 pm) lemko (Jul 05, 2008 7:53 am) bumpy (Jul 05, 2008 1:31 pm) and 2 more...
#4916 of 6098 Re: Cadillac, a real steal??? [m4d_cow] by lemko Jun 28, 2008 (4:39 am)
Replying to: m4d_cow (Jun 27, 2008 10:40 pm) 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 6098 Re: Cadillac, a real steal??? [m4d_cow] by irnmdn Jun 28, 2008 (4:57 am)
Replying to: m4d_cow (Jun 27, 2008 10:40 pm) 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 6098 Re: Cadillac, a real steal??? [m4d_cow] by fintail Jun 28, 2008 (10:51 am)
Replying to: m4d_cow (Jun 27, 2008 10:40 pm) 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. Replies to this message: irnmdn (Jun 28, 2008 12:47 pm) fintail (Jun 28, 2008 4:05 pm) irnmdn (Jun 30, 2008 5:21 am) circlew (Jun 28, 2008 6:57 pm)
#4919 of 6098 Re: Cadillac, a real steal??? [fintail] by irnmdn Jun 28, 2008 (12:47 pm)
Replying to: fintail (Jun 28, 2008 10:51 am) My local dealer is offering 20k off brand new 07 STS msrp $67k, Replies to this message: fintail (Jun 28, 2008 4:05 pm) irnmdn (Jun 30, 2008 5:21 am) circlew (Jun 28, 2008 6:57 pm)
#4920 of 6098 Re: Cadillac, a real steal??? [irnmdn] by fintail Jun 28, 2008 (4:05 pm)
Replying to: irnmdn (Jun 28, 2008 12:47 pm) Is that a V? That's a huge msrp. Replies to this message: irnmdn (Jun 30, 2008 5:21 am)
#4921 of 6098 Re: Cadillac, a real steal??? [irnmdn] by circlew Jun 28, 2008 (6:57 pm)
Replying to: irnmdn (Jun 28, 2008 12:47 pm) It isn't even worth $47K. Depreciation on that in 3 years will cost you another $20K.   Regards, OW
#4922 of 6098 Well... by m4d_cow 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... Replies to this message: sls002 (Jun 29, 2008 9:55 am) circlew (Jun 29, 2008 10:06 am)
#4923 of 6098 Re: Well... [m4d_cow] by sls002 Jun 29, 2008 (9:55 am)
Replying to: m4d_cow (Jun 28, 2008 9:57 pm) 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.
#4924 of 6098 Re: Well... [m4d_cow] by circlew Jun 29, 2008 (10:06 am)
Replying to: m4d_cow (Jun 28, 2008 9:57 pm) Kelly Blue Book shows a 2006 sts V-8 with 40K miles ata aprivate party sale price of $22,160. This is the HIGHER value on the site vs. dealer trade in or book value.   Yes, 50% is the norm for US car depreciation costs. With the V-8, you should be able to negotiate $20K no sweat! I see many at dealer sites for 2006 v-6 for $22K.   Regards, OW

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