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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

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

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#4944 of 6098 Re: caddi sales [sls002] by m4d_cow Jul 03, 2008 (9:20 am)
Replying to: sls002 (Jul 03, 2008 7:28 am) Youre right about dealers can charge whatever they want. Its up to us whether we'll buy it or not. A new 06 for 40k, but a certified used 06 for 25k, its no contest.   circle, the styling left me a bit cold too, and it might not suit younger buyers like me. But like I said, for this price, I dont mind. 25k for certified 06, the same as 06 Chrysler 300c with much crappier interior and build quality, and a little less than a (far) smaller 06 bmw 330i.   I'll invest a little more $$$ on non-chrome 18-19" wheels (gosh the wheels are cheesy) and aftermarket grill. That should fix it. Replies to this message: sls002 (Jul 03, 2008 7:32 pm) lemko (Jul 04, 2008 6:58 am)
#4945 of 6098 Re: caddi sales [m4d_cow] by sls002 Jul 03, 2008 (7:32 pm)
Replying to: m4d_cow (Jul 03, 2008 9:20 am) This is the first under $25,000 STS on cars.com. It has less than 6000 miles which is not bad for a 2006. It is about 500 cars into the listings of more than 750.   Here is a V for under $10,000, a real "steal". I suggest that you read the description carefully Replies to this message: lemko (Jul 04, 2008 6:58 am)
#4946 of 6098 Re: caddi sales [sls002] by lemko Jul 04, 2008 (6:58 am)
Replying to: sls002 (Jul 03, 2008 7:32 pm) Geeze! You're essentially buying just a shell! You also have two busted windows, a trashed interior, and no radio. I guess if you can find another engine/transmission you can turn it into a racer.
#4947 of 6098 Re: Cadillac, a real steal??? [m4d_cow] by trimaster Jul 04, 2008 (3:41 pm)
Replying to: 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.   Wow. Is that something Caddy is proud of? What about the poor sap who bought it new? Replies to this message: lemko (Jul 05, 2008 7:53 am) bumpy (Jul 05, 2008 1:31 pm) lemko (Jul 06, 2008 7:16 am) sls002 (Jul 06, 2008 8:24 am)
#4948 of 6098 Re: Cadillac, a real steal??? [trimaster] by lemko Jul 05, 2008 (7:53 am)
Replying to: trimaster (Jul 04, 2008 3:41 pm) I guess that poor sap must be me! Well, I keep my cars quite a while so depreciation is really no concern to me. My first concern I buying the car I like. I've said it countless times in these forums - buying a car you don't like just because it has better resale value is still throwing money away in my book! I plan on keeping my DTS for some time. It's got more than I'll ever need in a car. The stuff in my 1988 Buick Park Avenue is sufficient for me. Why is resale such a concern in the first place? Geeze, if the car you bought is so great, why would you want to get rid of it so quickly? I put down enough and pay more than the minimum each month so I stay way ahead of the depreciation curve. The excellent thing I have with my new DTS is that it's financing with 0% interest so I'm even further ahead. Replies to this message: bumpy (Jul 05, 2008 1:31 pm) lemko (Jul 06, 2008 7:16 am) sls002 (Jul 06, 2008 8:24 am)
#4949 of 6098 Re: Cadillac, a real steal??? [lemko] by bumpy Jul 05, 2008 (1:31 pm)
Replying to: lemko (Jul 05, 2008 7:53 am) I put down enough and pay more than the minimum each month so I stay way ahead of the depreciation curve. The excellent thing I have with my new DTS is that it's financing with 0% interest so I'm even further ahead.   That's all nice and good as long as no one runs into you in the next three or four years. If the DTS gets totaled and the insurance company cuts you a check for $18,000, you might not be so happy with Cadillac resale figures. I hope you have gap insurance. Replies to this message: lemko (Jul 06, 2008 7:16 am) sls002 (Jul 06, 2008 8:24 am)
#4950 of 6098 Re: Cadillac, a real steal??? [bumpy] by lemko Jul 06, 2008 (7:16 am)
Replying to: bumpy (Jul 05, 2008 1:31 pm) Yes, I have gap insurance and I will be taking that and the $18K check straight to the Cadillac dealer for a replacement in such an event!
#4951 of 6098 Re: Cadillac, a real steal??? [bumpy] by sls002 Jul 06, 2008 (8:24 am)
Replying to: bumpy (Jul 05, 2008 1:31 pm) Not sure where your $18,000 is coming from, but cars.com suggests that a 2006 DTS ranges in retail value from somewhere around $35,000 to much less. The median priced (about #400 out of 800+) is about $26,000. Insurance companies should total the car for something more than the lowest NADA book value but perhaps not retail.
#4952 of 6098 M5 depreciation by sls002 Jul 06, 2008 (8:52 am)
Looking at a dealer site a typical new M5 runs about $95,000 list. 2006 M5's (with the V10) vary in price but are easily $30,000 less and upwards of $40,000 to $50,000 less at the low end (where mint condition is least likely).   This point being that BMW's depreciate too, not just Cadillacs. The six cylinder 5 series models look to be about $15 to 20,000 less than new for 2006 models compared to the base price. Assuming some optional equipment, the actual depreciation is perhaps $10,000 more, say about $25,000 on a new price of $60,000.
#4953 of 6098 When you REALLY by marsha7 Jul 06, 2008 (2:21 pm)
think about it, it is amazing to me that ANY car holds any value after 2 years...try selling used furniture or a stereo 2 years after purchase, and both of them are probably closer to brand new condition than any car you might buy, yet they are barely worth 10 cents on the dollar...   We all whine about car depreciation, but we ought to be lucky that our cars don't lose value like our furniture...

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