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Can GM make Cadillac the standard of the world Again?

6098 messages,  Last post on Aug 14, 2009 at 4:43 PM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

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


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#4924 of 6098
Re: Well... [m4d_cow] by circlew
Jun 29, 2008 (10:06 am)
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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
#4925 of 6098
KBB value by m4d_cow
Jun 30, 2008 (1:32 am)
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Many said its rather inaccurate, higher than the real world value. Heck if KBB rate the used STS at 20k, the real price can be even lower.....
A leftover new 06-07 v6 can be had for under 30k I heard, complete with new car warranty. Will that be a better deal than getting a used one? I'd definitely get a certified one (if used) for a mere 1k extra.
 
Wait a sec, cicrlew, 22k for an '06 v6? Now I'm really interested. That is something even college grads can afford. I do however question the chances for resale, not the value (I expect them to plummet, maybe lose another 5k in 2 years?) but whether its easy, or even possible to sell.....
 
I've only taken a good look once. Thought the interior is pretty nice though the fabric parts look downright cheap. Design is ok. Fuel mileage is a question though, anybody know the realtime mileage??
#4926 of 6098
Re: Cadillac, a real steal??? [fintail] by irnmdn
Jun 30, 2008 (5:21 am)
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Replying to: fintail (Jun 28, 2008 4:05 pm)

I don't think it is a V, it has everthing option like Bose5.1, magna ride etc.
#4927 of 6098
Re: KBB value [m4d_cow] by sls002
Jun 30, 2008 (5:41 am)
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Replying to: m4d_cow (Jun 30, 2008 1:32 am)

Looking at the first 100 STS's listed on cars.com suggests that the price of the V-series is in the range of $40 to $50,000 for 2006 models. The STS is lower, but around $40,000. Jumping out to the middle of the 700 plus listed gets the price under $30,000, but these may be vehicles that are less than mint condition. Also some are clearly dealer come-on's to get a buyer into the showroom - requiring you to bring a printout of the ad to get the internet price.
#4928 of 6098
Re: KBB value [sls002] by lemko
Jun 30, 2008 (6:24 am)
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Replying to: sls002 (Jun 30, 2008 5:41 am)

Fell for it once - ONCE! A local dealer in Pensauken, NJ (you know the one) was advertising a two year-old Cadillac DeVille for only $9,999. I went over to see it and it was sold, of course. It also looked like it had been dumped in the Delaware River and then recovered a month later. Of course the friendly salesman was happy to show me the other pre-owned Cadillacs which were 2.5-3 times the price as the screamer ad special.
#4929 of 6098
Re: KBB value [sls002] by circlew
Jun 30, 2008 (7:22 am)
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Replying to: sls002 (Jun 30, 2008 5:41 am)

I am sure you could get a reasonable condition 2006 with 30 - 40 K miles for $20 - 22K. At the end of the day, you will need an extended warranty anyway so why pay in the $30K range.
 
If not today than in August when oil breaks $150/bbl. theses prices will drop like stones.
 
Regards,
OW
#4930 of 6098
Re: KBB value [circlew] by sls002
Jun 30, 2008 (7:10 pm)
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Replying to: circlew (Jun 30, 2008 7:22 am)

The current oil price expectation are that the 4th of July weekend will push prices beyond $150.
 
Some dealers include the 6 year 100,000 certified used warranty on program cars. There are quite a few 2006's available as many are now coming off lease. When I was looking for a 2006 at the end of the 2006 model year (an SRX) there were not a lot available, and my local dealer who said they could get one at a low price, did not come through with anything for several months. I finally realized that the 2007 was probably a better choice and bought a new one with everything I wanted. Never been smoked in
#4931 of 6098
sls002 by m4d_cow
Jul 01, 2008 (1:28 am)
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If the STS still cost 40k I'd look somewhere else. If I'm gonna spend that much I'd better buy a Lexus Infiniti or Audi. They have better quality and resale value. I personally find Cadillac too arrogant to push the STS' price too close to the Japanese and German luxo midsizes (charging 55k for STS v6 when a 535i cost about the same).
 
"I am sure you could get a reasonable condition 2006 with 30 - 40 K miles for $20 - 22K. At the end of the day, you will need an extended warranty anyway so why pay in the $30K range"
 
Umm, because the leftover 06 is brand new, includes 4 yr new car warranty and got only 130 miles on odometer. Btw I heard a mint 06 STS with low mileage will only cost about 3-5k extra.
 
"Also some are clearly dealer come-on's to get a buyer into the showroom - requiring you to bring a printout of the ad to get the internet price"
 
Why not? I'd bring a printout anytime if it means I can save a few thousands.
 
Btw when it comes to resale, is it easier to sell the leftover or the used one? Which will plummet worse? Any ideas? I wonder how much I'll lose every year.
#4932 of 6098
Re: sls002 [m4d_cow] by lemko
Jul 01, 2008 (4:28 am)
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Replying to: m4d_cow (Jul 01, 2008 1:28 am)

If you like the car, does it really matter? You're saving more upfront anyway. I really don't give a rip about resale value as I keep my cars a long time and believe buying a car you don't like just because it's got better resale value is still wasting your money. Two things a Cadillac does have over a German car is that it is far more reliable and a lot more cost-effective to have it serviced and repaired.
 
As per Lexus, buy a Buick Park Avenue and save the money. A Lexus LS drives just like one.
#4933 of 6098
Re: sls002 [m4d_cow] by sls002
Jul 01, 2008 (5:14 am)
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Replying to: m4d_cow (Jul 01, 2008 1:28 am)

Btw when it comes to resale, is it easier to sell the leftover or the used one? Which will plummet worse? Any ideas? I wonder how much I'll lose every year.
 
Once you buy the "new" one, it is a used car and will be worth only what the trade in value is when you want to sell/trade.
 
If you actually know where a new 2006 is, then whatever deal you can work out with that dealer is what is possible. I also found a new SRX at one point that was a year old (2005 or maybe 04), but the dealership had decided they would use the vehicle themselves rather than sell at market value.

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