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Automotive News & Views 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
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Replying to: bumpy (Jul 05, 2008 1:31 pm) |
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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. |
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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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..for now. GM mulling thousands of job cuts, sale of brands: report link title How those that affect resale values now? Regards, OW
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Replying to: circlew (Jul 07, 2008 4:56 am) 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.
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...as they have a strong presence in China. Pontiac looks more vulnerable and Hummer and Saab have absolutely no reason to exist.
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Replying to: lemko (Jul 07, 2008 5:37 am) |
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Buick's doing pretty decent in China, and believe it or not, so is Cadillac. Stroll around in Beijing or Shanghai and you'll see Escalades everywhere. Then again so is Chrysler 300. Interestingly, no Lincoln is seen there (then again, who cares). marsha7, you got a real good point. The thing is cars cost a lot more than furnitures, so we tend to whine more about the $$$ we lose on the way, unless youre talking about those $20k sofa and beds from Italy 
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By Brian Moody June 30, 2008 Our Long Term Cadillac CTS is well worth the $46,000 as equipped sticker price. It's fun to drive, has plenty of cool gadgets not to mention it is a really attractive car. Looks aren't everything but I can't stand having something that everyone else has, that's why I like the CTS. I find my self looking over my shoulder or out the window just to get a glimpse. The pulled back headlights, and bulging fenders give it a tough look. I like the Audi A6 or Infiniti M35 for about the same money - I'll pass on the "me too" 5-series, especially in black or silver. Think the CTS is too expensive? It's not. These days to get a really nice car you've got to spend $30,000 plus, to get something special you've got to spend more than $40,000. Am I wrong? Go to: http://blogs.edmunds.com/roadtests/3060 At least Edmunds thinks the CTS is worthy of it's price, a step toward retaining the standard of the world? |
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