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She's got an '05 Cad STS V8 w/nav, leather, Bose....in short, all loaded up. red/biscuit w/`18K miles. Not a scratch on it. Southern OH. She asked me if I wanted it. Don't know what I'd do with it. Told her I'd try to sell it for her. Anyone know what this is worth? Private sale. Or, if I decide to take it from her, what would it be worth on a trade (don't know what I'd trade for, either)?
I think it stickered for $60K+ new.
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Private party low $30,s.
My Dad is 85 and still driving. I worry about him everyday when he is on the streets. He seems to do OK but you never know when a "senior" will confuse the brake pedal from the gas pedal!
The trial is going on right now about the old guy (89 yrs old now) who drove his Buick in a crowd of people killing 10. He confused the gas pedal for the brake (Santa Monica, California). :sick:
Mark156
Mark....my mother isn't a bad driver, per se. She just can't see very well. She's very near sighted, right now....seeing "starbursts" at night. She was restricted to driving only during daylight hours. Now, she can't even pass the eyesight test for day time driving. I thought she would take it harder than she did. I don't think she wants to drive anymore, anyway. Over the last couple of years, she's been scared most of the time she was on the road. IF there's heavy traffic, she gets all flusttered. That's not a good thing. I think she prefers being "chauffered"
I've got a BMW 330i. The Caddy is a nice car. I don't even think my mother had it above 50 MPH, ever...since she's stayed off the interstate.
Don't know what I'd do with it. It's sitting in my driveway right now. Guess I'll throw a "for sale" sign on it and see if I can get any bites.....maybe take it to a couple of Caddy dealers and see what they'd give for it.
Still, a pretty cool car for an 85 y.o......
Did the lawyer cover court appearances in the nearest two-dozen counties, or did he have a girlfriend that lived a couple of states away?
What's the dealer asking? Did he take it as a trade-in? I'm thinking he'd see $10k-ish at auction for it.
Thanks in adnvance
What city do you live in?
Interior color? Leather?
Other options?
Any previous damage?
How are the tires? What percentage of wear?
You want a good figure, you have to supply a very detailed description.
Good luck,
Mark156
I've been driving it around since we put an ad in the paper. Never thought I'd say this about a Caddy, but this is one fine car. Only 18K miles on it, but it's tight and rattle free. Handles much better than I expected....comfortable (very nice seats)...powerful with lots of "gee-gaws". Great paint...all the seams are very close, tight and straight, both inside and out. Nice materials. I can't imagine my mother even remotely scratched the surface of what this car can do. She said she fell in love with the color when she bought it.....typical.
Admittedly, I haven't driven anything from GM in quite some time (outside of vanilla rental Malibus). But, GM (particularly Cadillac) seems to have found religion in building good cars based on this one example. I'm impressed!
It does sound like a really nice car, & the initial depreciation is hard to swallow. But, if your mother's not gonna drive it, & you're not gonna buy it, or get to use it a lot (?)........then why keep it?
$28K isn't chump change; you can buy many different varieties of nice 1-2 y.o. cars for that. And if used Caddy's fetch "ridiculous prices".....do you see that turning around? If that depreciation rate continues, what will it be worth in 6 mo. or a year?
On the other hand, if you're gonna use it/drive it a lot, & truly dig the car, it could be worth it to keep, depending on how important $28K is I suppose.....
I will use it as a trade, probably for an '07 VW.
That seemed like a really nice buy.
Looking at the other STS Cadillac's, it seems like you have yours priced right at $31,000 for private party retail.
If you or your Mom don't need the money, I would keep it and drive it very little. Drive it sparingly just to keep the fluids circulated and keep it washed, waxed and garaged. This is the car your mother loved!
Keep it for 25-30 yrs and show your grandchildren. It would make a nice collector especially with the sentimental value.
In 1969, my grandmother had a rental house where the tenant left a car. Since my grandmother didn't drive, she took the car and had to have the title transferred so she could sell it.
The car was a 1959 Chevrolet Wagon. It was blue with a white top and and blue vinyl seats. It was in excellent condition for a 10 yr. old car. That car would be worth good money now as wagons have become very collectible.
Anyway, keep the Caddy!
Mark
She and I had this conversation last night. Well.....she's letting me "use" the Caddy. I'll drive it 2-3 days a week. Keep miles down on my personal car as well as her car. She wants me to hold onto it to "chauffer" her around when she needs to go somewhere. She hates riding in my car, anyway (says the seats aren't comfortable enough for her and it's too small). Seems like a fair trade-off.
She's got her own apartment in one of those "Assisted living" villages. Most of what she needs, she can get in her complex. They go to outings where the complex provides trasportation. Drug store is on premises. Only thing she really needs is a ride to my house or to go to a grocery store that carries some specialty foods.
My question here is, are all GM cars subject to this type of depreciation? If so, why?
Fleets don't apply in your case, but I can tell you from sad experience that the Lincoln LS I bought 6.5 years ago (at 3% over invoice -- it was well thought of in those days) was being discounted $4-6K within a couple of years $10K++ toward the end of the model run.
Then there's that perceived value thing.
I think it must be that the CTS is more attractive to younger people than the STS.
Sorry pinhead, but I told him to look at the Lincoln LS to get the best deal.Those really dropped in value , but still a very nice car
Thanks.
Location: Washington DC
Year/Make/Model: Mazda 3s
Body Style: Hatch 5dr
Engine: 2.3 4cyl Auto-transmission
Driveline: FWD
Mileage: 9000
Color: Titanium Gray
Major Options: Alloy rims, AC Sunfoof, 6 CD changer
Condition: Excellent only used on weekends
Tires - good
Brakes- good
Maintenance- routine maintenance have records for all oilchanges and scheduled service.
For instance, this week the local suburban paper here in Columbus has a private party ad for a vehicle just like yours with 64K on it. The asking price is $8800 which would pretty much seem to rule out a trade value anywhere near $9000.
That said, the only way to determine its true trade value is to shop it at several local stores. You'll very quickly find out how much it is worth.
Edmunds says $23,497 trade-in, & $25,207 Private party. What price should I shoot for if I make an offer? And are these still selling poorly because of high gas prices? TIA!
http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&searchType=78&paId=204- 394076&pageNumber=0&numResu
http://www.msu.edu/~steine13/cars.html
-Mathias
I would like to get a fair trade in value on the following car: I want to trade it in for a new car.
Chicago area
2003 MB E500
4 dr sedan
18000 miles
premium sound,harmon kardon audio
rear shade,manual rear side shades
no obvious damage to car even though it has been in two minor accidents
carfax is clean
very glossy paint
clean interior
new tyres
Regular MB maintenance.
Thanks,
Tom
Curious in general how close folks get to the Edmunds price. Thanks!
I ask your advice on the real-world value of my car. I have a really bad lease on it so I'm trying to figure how much I'll lose if I sell it or trade it in. I know the dealer payoff and personal payoff (which are apparently two different numbers so I'm trying to judge here).
Location: Freehold,NJ
Year/Make/Model: 2005 Toyota Highlander w/3rd Row (not Limited) - although it shows up as Limited thru VIN at both my insurance company and Carfax
Body Style: SUV
Engine: 3.3L V6 Auto
Driveline: AWD
Mileage: 24600
Color: Bluestone Metallic/Ivory Leather
Major Options: Appearance Package, Cold Weather Package, Leather Seat Package - with heated package, DRL, moonroof, privacy glass, JBL w/6 CD changer, front and side airbags (these are just the major options -I have most of the options)
Condition:
Exterior/Interior: Clean
Tires: Not sure - they look and work fine though
Brakes: great
Maintenance: All performed by local dealer
My local dealer called and asked to speak to me since they might want it for their used car lot (I did not call them first) - don't know if it's a scam but trying to see how close real world might be to see leverage I have.
Thanks.
The "books" are a joke most of the time.
You may not be able to tell, but a pro would.
W/ minor accident wholesale is prob @ $28-29,000
which i leased and the lease is ending on sept 30
i have 14,000 miles and the car is in very good condition..
i have monsoon sound, stability control , heated seats
i checked the appraisal for buying and its prices are
trade in: 10,527
private party: 11,867
dealer retail: 13,058
i was considering to buy a car since i need it..but i dont know if its worth is..the pruchase quote from VW is 10,088 plus $ 700 in taxes making it total of 10,788. I want to know if its worth to buy or release a car..
i did the car inspection and they said they will not charge me anything extra appart from the $350 turn in fee since the car is in great condition
also..i live in MA but im moving to FLorida next week so i was thinking to buy the car and ship it
also..a friend was telling me about lease extension..but how long can i extend it for? i want to know if its a good deal to buy a car..or do what with it? any ideas? car in good condition but im really confused? can i buy it in florida and pay florida tax? maybe a dumb question? what should i do..need advise..asap//please help!!
Normally, I would say no, due to VW's reputation for having quality problems, but if you continue to put very few miles on it, you may not suffer that fate. It's in good condition, and you know the previous owner. You'd have a very difficult time finding a late-model hatchback with so few miles on it, especially for $10 grand.
Just keep the oil changed in the 1.8T and it should serve you will for a long time. Just let that oil get old and preferably use synthetic to protect the turbo.
Not the place for this, but don't know where else there's a comparison available.
I find myself driving the Caddy more than my BMW. I don't know what to make of that fact. The Caddy certainly doesn't handle as well as the BMW, but the Caddy isn't a slouch in the ride/handling dept. It certainly filters out rough roads much better than the BMW. It has much more room and the seats are comfortable. It's built every bit as well as the BMW (maybe better). The Caddy feels quicker (it should, it's got more displacement and two more cylinders). Never thought I'd say this about a BOSE system, but the one in the Caddy is very fine.
Two different cars doing things two different ways. Either I'm getting old, or GM is getting its act together.
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That's means you're moving towards a phase in your life where mint green sans-a-belt slacks and white shoes and a belt are starting to look good!!
Most banks don't do lease extensions.
Captive finance companies will if you have a new car on order w/ their manufacturer.
Are you paying cash for the car or financing?
If you are financing, what is your payment going to be, and what can you lease a new car for relative to that payment?
kyfdx....you're going to drive that BMW 'vert....even with snow on the ground.
Just call me Mr. Heretic, I know.
(Looks like Mom is still teaching you a few lessons...
I know Bose is a bad word to audiophiles, but I drove a couple of late-90's Audi's with the optional Bose system, & I was impressed. Not as good as the NAK system in Lexus back then, but very, very good as I remember......
I think I'm just in a state of shock how much I do like the Caddy. My perceptions of GM have been changed. I don't know how the rest of their lineup is, but they've come a long, long way. Even ergonomically, it's good (something no one could say about GM, in the past). Fit and finish is good. It's even got better paint than my BMW....and my BMW is only 4 months old.
woody.....you're right about the lack of "roominess" in BMWs. That's not the reason I bought it, though. I bought it for the driving dynamics....which is 2nd to none. While the Caddy can't compare, it isn't a slouch in that dept....little lite in the steering dept for my tastes, though. Brakes are good with good feel.
Looking in the glove dept I saw the original sticker. It came with what GM calls performance brakes. Don't know what that means, but they're good.
I'm certain, at some point, I'll get tired of driving it. Don't see that happening any time soon with winter coming and my BMW being 2WD and the Caddy being AWD.
Matter of fact, the Bimmer is looking a little forlorn in the garage. Probably have to take it out tonight for a trip to kyfdx's neck of the woods.
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The STS has AWD as an option?