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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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#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...
#4955 of 6098 At lease Caddy is safe... by circlew Jul 07, 2008 (4:56 am)
..for now.   GM mulling thousands of job cuts, sale of brands: report   link title   How those that affect resale values now?   Regards, OW Replies to this message: sls002 (Jul 07, 2008 5:30 am) robbieg (Jul 10, 2008 5:44 am) sls002 (Jul 10, 2008 6:25 am)
#4956 of 6098 Re: At lease Caddy is safe... [circlew] by sls002 Jul 07, 2008 (5:30 am)
Replying to: circlew (Jul 07, 2008 4:56 am) Cadillac has moved into what is Buick's price range with the CTS. Pontiac's are mostly the same thing as Chevies. I think GM could go with a basic line of Chevy/Cadillac.   Resale values will depend more on if GM will be around to service the warranty. However, selling a new Buick once GM decides to terminate Buick will be hard. Replies to this message: robbieg (Jul 10, 2008 5:44 am) sls002 (Jul 10, 2008 6:25 am)
#4957 of 6098 Doubt GM will terminate Buick... by lemko Jul 07, 2008 (5:37 am)
...as they have a strong presence in China. Pontiac looks more vulnerable and Hummer and Saab have absolutely no reason to exist. Replies to this message: sls002 (Jul 07, 2008 11:39 am)
#4958 of 6098 Re: Doubt GM will terminate Buick... [lemko] by sls002 Jul 07, 2008 (11:39 am)
Replying to: lemko (Jul 07, 2008 5:37 am) The obvious thing would be to supply the Buick/Pontiac/GMC dealers with chinese Buicks and Australian Pontiacs. Pricing them high enough would soon bankrupt the dealers, leaving Chevy/Cadillac.

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