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BMW does have a number of models but the resale value of each is identifiable.
For example, using Kelly wholesale blue book as an example, using the same number of miles and condition:
BMW 530i current new retail $39,500
Three year old model $28.000
Cadillac Deville new retail $42.500
Three year old model $15.000
Difference in depreciation $16,000
Using your other theory that depreciation is equalized by the fact that Cadillacs are severely discounted, you'd have to get a $16,000 greater discount on the Cad to even things out.
I am shopping a new Caddy now. New
Deville base ,bose and roof $44xxx.
My 96 Deville was only $37xxx.
Come on now............geo
BTW as for kelly book and others BULL.
Stop over to smart shopper thread and
check REAL world trade values.....
Bill, Terry, and the rest of the crew
will tune you up quick on trade in
prices!
A loaded DTS will fetch about 60k...and a reasonable DTS is about 53-55k. According to Edmunds, our 2001 DTS (2 years old), which was purchased for 53,000 USD is now worth TMV 38,000 as a certified used vehicle. Where's the massive depreciation??
If you add options to the new car price, you'll just create more depreciation.
There is no way you will get 38k for a 2 year old Cadillac. A brand new one is available for $4,000 less than invoice which makes it about 38k or less.
Go to Kelly and take a look.
If you like Cad's that's fine, but you'll pay for it in depreciation.
(Incentive or rebates included in price)
MSRP $43,720
Invoice $40,498
CarsDirect,com price $37,298
Unless Cadillac dealers are going broke, there's more factory assistance than just the $4,000.
CarsDirect.com Price $68,495
MSRP $68,495
Invoice $63,169
I'm shopping for a 7 and dealers are discounting them, but only a $1,000 or so. Where is the $8,000.
But all this is irrelevant. Tell me why my deprectiation numbers are incorrect.
cad bonus cert, plus 6000 gm employee dis.
and 2k gm card for 30k plus tax, tag, no
adv. fee and 20buck doc fee........geo
If I was worried about resale I would
buy another GM full size xcab 4x4
The Cadillac as a family sedan has compromises in the handling and exclusive departments which favor the BMW. The lower new and used prices are an asset for the typical Cadillac buyer especially if he can get a loaded DTS sans nav and night vision for 45k. If you drive the car 7-10 years as many buyers do, depreciation is not the bear it seems to be. It is also easier to sell used both because it will be cheaper than a BMW and because most people are more nervous about the realibility and cost of parts and repairs on older BMW's vs. older Cadillacs. Why do you think older BMW's are relatively rare?
The BMW as a sports sedan has compromises with power seats, limited back seat room, limited trunk space and rather pricey when equipped for the real world. Most buyers opt for the AT and other goodies which quickly send its price into the stratosphere---hence the need for great lease deals since the last time I checked price does matter. That's why most import "family" cars like Camry, Accord, Altima and Passat are sold in the four banger versions.
Kelly Blue Book is a joke. Used MT cars move slowly and usually only with big discounts (yes, even if they are BMW's)
For safety and convenience (to avoid scams and fraud)sellers with more expensive cars tend to be forced onto the tender mercy of the new car dealer where high trade in values often turn into mirages.
Different cars with different advantages, disadvanges and prices.
Everyone should buy what he/she likes and be happy with it.
Hard to believe these 300 ponies require 87 octane.
MPG still improving. 17-24 so far.
The power, the power, the power. I rarely need to stand on the gas to downshift. I gently apply pressure to the pedal and the surrounding cars recede in my rear-view mirror so fast that I'm forced to check my speed and look out for Chicago's finest. Naturally, with a wide grin on my face.
Love the Cashmere color. Not too common.
Installed some wheel locks and feel better about the center caps eluding the grasp of the midnight auto boys.
Love the car. I jump at any excuse to drive somewhere. Can't wait for my next trip.
Other than that, everything works as advertized. Love the steering wheel stereo controls and the lumbar massage.
Have not tried the Onstar yet.
Took the caddy to TN for wife's family reunion. I was surprised and a bit embarrassed by the fact that whenever people needed a ride they wanted to ride with me instead of the many Buicks, Benzes, Lincolns, Toyotas, one BMW and one Lexus available to them.
Wife and back seat passengers put the tri-zone temp system through its paces.
The roomy trunk is everything I had hoped it would be.
Any comments on Night Vision? Glad/sorry you got it/didn't get it?
Secondly, this question will probably go unaswered but here goes. My mom got in a accident with her deville concourse when it had only twelve thousand miles on it. The front was badly damaged and repair costs came to 11k.(thank god for insurance). I know the left front suspension had to be replaced, not sure about the right front. As many of you know, the deville concours's cadillac emblem is found in the grill, their is not a hood emblem. Well when we got the car back from the dealer, their was a hood ornament. The reason I bring this up this that the deville concourse is supposed to have a stiffer, less bouncy suspension. Well since we got the car back, my moms car bottoms out on any speed bump or drive way entrance unless she almost comes to a complet stop. This can be dangerous when making turns into parking lots on busy streets. Is it possible the dealer put the standard deville suspension in my moms car when they repaired it? Is their any way I can find this out? If it is the the correct suspension, does my mom need new shocks or something? We have already replaced the peice under the front of the car that keeps dirt and water out of the engine bay, two times at $150 a pop.
Has anyone else had this problem and how did you resolve it. I would appreciate any answers you can give.
new at 3000 or so miles. Now at almost 90k
uses none (almost). Must be just broke in.
As far as bottoming out mine is doing the
same now...Dealer only strut fix $2500 bucks.
97 and up are aftermarket fix for 1000 bucks.
Shopping now for a new CTS.
I wish i had a new seville like lemko !
Lemko; hows that 300 horse monster treating
ya ? Cheesesteak please...no cheese wiz tho !
LOL.geo
Thanks
danasaur2
I'm still at 1700 miles, but about to take another trip.
Still haven't come close to abusing the engine because of the nagging comments in the owner's manuel about early all-out braking leading to premature brake wear, but I think I'll soon be throwing caution to the winds. What has been your experience with the brakes?
1. No crowds to please (including family)
2. No "styling" to worry about
3. Cost wasn't a factor (either purchasing or operating)
In short if there were "no boundaries" and no one was going to see you drive it, what would you have?
A fully loaded red DTS.
If you didn't mean to restrict it, you should start another topic.
Btw Lexus, Infiniti, Saab, BMW and Cadillac were singled out as having higher sales.
On a different note the imports (just like the domestics)are advertising like crazy in print media, online and on tv.
"Free" maintenance, service loaners, road side assistence, one year OnStar service, coffee and rolls and Chrysler's new longer warranty (and the Passat) are other forms of marketing rebates utilized by different brands in order to rebate without seeming to do so.
Stop letting the Cadillac-haters pretend that Cadillac is the only lux model in the "business" of selling cars or offering incentives in order to sell lots of cars. Everyone does it, under competitive pressure, but they often do it in different ways. There is nothing like a recession to remind us that luxury cars, by definition, tend to be overpriced.
The fact that they installed body parts for the standard Deville (hood mounted ornament, and I presume therefore also the wrong grill without the wreath and crest), that tells me that all of the parts they ordered were for a base Deville.
They are idiots, and I'd have made them correct the body parts the second I saw they did it wrong.
I wish I could tell you what to look for on the suspension to see if it's right. If you can bring the car to a Caddy dealer whose service dept. you'd trust to give you the straight scoop, then I'd have them check it out and let you know. They should know the difference, if not by initial sight, then by part number(s).
2001 Deville. It usually occurs in the morning.
Applying brake pressure while backing-up
creates a a loud noise almost like a fog horn.
In May I was told Cadillac had issued a service bulletin. This fix lasted about 6 weeks and the
problem returned. The service manager said he noticed that some of the Armoral that I used on the tires had gotten on the brakes and that was what was causing the problem. Has anyone ever heard of Armoral or tire shine products causing
break problems. I have very serious doubts about
this because I such an infrequent user of tire shine products.
If so, and if you're willing to talk about it with a major daily newspaper, please send your vehicle and contact info to jfallon@edmunds.com no later than Friday, July 31. Thanks!
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With 32,000 plus miles on my on my 2001 DHS I have had no problems with brakes. And as I mentioned before I drive fast and in hilly areas.
Altho,I had to put on a new set of Michelins at 31,000 miles. They said there was 5000 miles left on tread, but why chance a problem at 85 mph plus.
TAMCO
$28995. They had 5 but all in cashmere,
or no sale green ! Ex rentals tho !
Syracuse NY...NO CTS to be found !
They have a nice ruby 02 Deville with
chromies,roof,bose,bun warmers too...
35k with rebate and GM employee disc.
......geo
Car does not seem to have burned any oil in first 1700 miles. Anyone know where the 1/2 quart low reading on the oil dip stick is approximately located?
After I re-read the oldest posts in this forum, I realized why you are so upset with your Cadillac experience.
Even though 2000 was the first year of the new DeVille design, the problems you had are among the worst I have read or heard about and should not happen even in a first year design. I thought I had some tales to tell about my former Chrysler LHS, but they are as nothing compared to your constant aggravations. The service worker joyriding your car on the weekend had to be like salt in your wounds. I'm a bit surprised that you didn't pursue the lemon law remedies.
I trust you are much happier in your current situation.
chromies, bunwarmers f&r 45k sticker
for 35k with rebate and GMS employee discount
minus 2k Cad bonus cert and gm mc card points.
But I can get a 02 base used 17k miles for
25k american in Canada !
Used 02 base Devilles in syracuse ny for 29k
All prices plus tax and tag.......
pulling my chain ! So tired of waiting for
a Caddy dealer to do gm employee deal on
a CTS !
Found a 02Deville base Pearl Red, bose,
chromies,bose, roof , bun warmers for
45k sticker......With rebate, 2k caddy
loyalty cert.,gm employee discount and
gm MC bonus cash 30K plus tax and tag !
Minus 6k trade for my 96...Its in watertown
too....Woman loves the color !......geo
The STS is about 5000 more. Nice car
tho. Its just that first year dep. is
what hurts tho !.........geo
Because I don't need to go 155 MPH on the autobahn, but only about 80-85 or so out here in the open west. Because I want a quiet ride, in a roomy car that can seat 4 real adults, with a sound system that's good enough for my 47 year old ears. Because I want enough handling so that I can avoid the occasional critter on the road - without telegraphing every crack in the pavement. Because I want value for my money. Because I don't need to drive an Benz, Lexus, or BMW to prove that I have it made. Because I don't race from stop light to stop light against Lexus GS430's.
The car magazines that compare the DTS to European sport sedans are comparing apples to oranges. The young obsess with perfection. That's why the "tune" Honda Civics with $20K worth of paint, wheels and turbo's. As I got older, I realized that what I really wanted is a car with an engine that starts, a roomy interior that cools or heats as required, and a sound system that can play the AM talk news station or Vivaldi on a CD. All done without fuss, bother, or the need to read the manual for the thousand function joystick.
I don't use a 4x4 dual wheel 1 ton diesel pickup all chromed out and lowered (!) to get groceries, and I don't need a $80K sport sedan to drive to the office or out to dinner and the symphony.
So, if you are keeping up with the Jones's, drive something else. Maybe Cadillac's marketers are on the right track after all.
Now, would I change anything - sure. Remember thought, I bought it the way it was.
Come on Cadillac - either make the wheels on the DTS symetrical like on the DHS and base, or make a left and a right rotationally specific set.
Give me an engine with low end torque not high end HP. The high perf Northstar in the DTS comes on like a champ at 4500 RPM, but that's too fussy for day to day driving - and mileage suffers too. Either that, or go all the way and spend the bucks for a variable valve timing system.
Finally, fix the control stalks behind the steering wheel - the ones on the Seville are just about right - get that into the DTS.
The rest - leave it alone - you have it right for me.
sat....Pearl white, roof, bose, chromies,
bun warmers, etc...As you know I an sick
of waiting for a Caddy dealer to do GMO/
GMS deal on a CTS. Maybe next time a V 8
CTs will be in my future ! Time to go
STYLING !................geo
BTW: I will miss my 96 Deville which has
served me well. Would of kept it another
year but it needs those 2500 front struts
and rear brake work and has 90k miles...