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Caddy STS-v & STS V8 AWD both are assessed the
Gas Guzzler Tax...
Regards,
OW
In recent weeks, the Nissan GT-R and Lexus LF-A supercars did a lap of the circuit in around 7 minutes 25 seconds. The Cadillac CTS-V was timed at 7:59:32.
Regards,
OW
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By Jamie Lareau
June 23, 2008
General Motors will unveil a Cadillac CTS wagon this fall in an effort
to compete with BMW's 3 series and Mercedes C-class wagons.
Cadillac intends to start production in 2009 for global sale. GM has
shown a CTS coupe concept to be produced next year.
Cadillac also plans to replace its current SRX crossover with a
production version of the Provoq concept crossover as a 2010 model. The
current SRX has suffered disappointing sales. Sources familiar with GM's
plans say the re-engineered and restyled SRX will look similar to the
Provoq, a hydrogen fuel cell concept.
When the Provoq was shown in January, Cadillac General Manager Jim
Taylor told Automotive News that a production version could do something
the current SRX has failed to do: draw in female buyers. Taylor
predicted a production Provoq could sell 60,000 to 70,000 units
annually. Last year, Cadillac sold 22,543 units of the SRX in the United
States.
The current SRX is built on the Sigma architecture, also used for the
CTS and STS. The next-generation SRX will be on a new architecture that
is a blend of two GM front-wheel-drive architectures, Theta and Epsilon,
and will likely be powered by a V-6 engine. In size it would be between
the Saturn Vue and GM's Lambda-based crossovers such as the Buick
Enclave.
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
I'd also consider a new Buick Lucerne CXL as it is almost as nice as a Cadillac DTS.
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.
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.
Regards,
OW
The program cars have been quite good pricewise in the past, so current prices seem to be inline with that.
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
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??
If not today than in August when oil breaks $150/bbl. theses prices will drop like stones.
Regards,
OW
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 :shades:
"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.
As per Lexus, buy a Buick Park Avenue and save the money. A Lexus LS drives just like one.
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.
Ford Motor's June sales skid 27.9 percent
Tuesday July 1, 12:28 pm ET
By Tom Krisher and Dee-Ann Durbin, AP Auto Writers
Ford Motor's June sales drop 27.9 percent as high gas prices, sluggish economy take toll.
DETROIT (AP) -- Ford Motor Co. says its U.S. sales tumbled 27.9 percent in June as high gas prices and a weak economy deepened the trouble facing the company.
The company blames the decline on high gas prices and low consumer confidence that are sending buyers to the sidelines. Ford reports steep drops in sales of pickup trucks and sport utility vehicles.
For the first half of the year, Ford's sales were down 14 percent compared with the year-ago period.
Ford is the first automaker to report sales data Tuesday. Industry analysts expect June to be a dismal month for the industry with sales down double digits from last June.
They also say Toyota Motor Corp. may take the U.S. sales lead from General Motors Corp.
"General Motors posts nearly 19% drop in U.S. sales for June, but wards off challenge to No. 1 ranking from Toyota."
Regards,
OW
Acura: 12,456
Audi: 8,203
BMW: 20,944
Infiniti: 9,304
Lexus: 20,253
Lincoln: 9,718
Mercedes Benz: 19,576
Regards,
OW
Why would you need an extended warranty?? Our Rainier's 3/36 ran out in 11/06, and has yet to cost me a dime??? My '99 Ultra has been in for ONE repair in 6 years, a MAF sensor, at a total cost of $250. Everything else has been routine maint. Tires, brakes, rotors, tune-up, and oil changes. A couple other things broke (door handle, seat belt latch, fuel line) but I replaced them myself.
This car, while not the most impressive thing I've owned, has cost me about $1250 in 6 years. $500 for tires, $250 for a fender (my fault).
When you take into account the $250 for the sensor, that leaves $250 for everything else-IN 6 YEARS!!!
Warranty? What Warranty???
sls, as far as I know its because a "new" leftover car is considered a used car with very low mileage and new car warranty.
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.
That I agree. The cadi's really cheap to maintain, beaten only by BMW with its standard 4 yr free maintenance. I figure I'd lose another 5k over 2 years, which is very reasonable. I dont know if I'd love the car, as this is the 1st time I'm considering a domestic brand.
But $25k for a certified 06 STS? I figure I'll take that bet, since a 3 yr old 300c cost about the same, and that kind of money buys me only a much older german lux sedan.
That's why.
Regards,
OW
Regards,
OW
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.
Here is a V for under $10,000, a real "steal". I suggest that you read the description carefully
Wow. Is that something Caddy is proud of? What about the poor sap who bought it new?
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.
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.
We all whine about car depreciation, but we ought to be lucky that our cars don't lose value like our furniture...
GM mulling thousands of job cuts, sale of brands: report
link title
How those that affect resale values now?
Regards,
OW
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.