Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options
Edmunds Members - Cars and Conversations (Archived)
This discussion has been closed.
Comments
Higher resale values than any other cars I can think of so be aware of that. Worth it though!
Craig
Getting it checked out, or having records, is important on a Honda especially, because I think there are owners that believe the "needs nothing but gas" theory. and if nothing breaks, nothing gets touched.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
I almost bought a new CR-V last year. I would have, but the dealer was $1,000 higher than I wanted to pay (bottom line). His top line was exactly where it should have been, but the bottom line (due to a dealer add-ons and bogus charges like inventory tax) was $1,000 too much.
A 1 or 2 year old CR-V goes for more than the brand new one, so that was out. And a 2005 CR-V would have cost me as much as I wound up paying for the 2005 Tahoe. And that Tahoe cost just about exactly twice as much when new! Yes, used Hondas have ridiculous resale value. Which is very good if you already own one, but very bad if you're thinking of buying one.
First step is to offer a product that can compete and even excel against the competition. I think they've done that.
Until they start showing up in the showroom, the "Ensure" customer will wander into their lical Caddy dealer and wander out just as quickly once they see Cadillac's new products.
It seems around here at least, Cadillac is making nice headway with the younger group.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
When you add dealers with their old ways of doing business (lots of haggling, big discounts, oversupply, etc. - essentially not much different that their Chevrolet dealers), and marketing that totally misses the mark (the worst commercial ever with Egyptian and Indian slave owners, and Marie Antoinette figure is back - catchy tune, though), it has to underwhelm vs. the expectations.
Cadillac will wallow in underperformance territory until they completely scratch and rebuild their way of doing business. They may have the product, but that's not enough - just ask Volkswagen. A good model for them would be Lexus. When it was introduced by Toyota, the premium was rather small (cars were a lot of value for the money), but they over delivered experience (dealers, quality) at every corner, which allowed them to raise the prices over time. This is not an easy road to travel - Acura also tried, but never got quite to the same place, as it got stuck on that "aspirational" part, probably due to wrong offering - their cars are fine and they have their niche, just not exactly what the luxury crowd wanted. Lexus is much better in reading the market and adjusting (BTW, only in the US, they really can't crack Europe).
In other words - Cadillac has to UNDERpromise and OVERdeliver for years before they will really catch up with the premier league. Frankly, I don't think they are ready to do that - too much false pride, too much "but they..., but we...., but..." It will likely hover in that "also run" territory for years to come.
2018 430i Gran Coupe
Steve
As a 50 year old, I love the idea of a CTS, but I just can't get past the Cadillac name plate. When I think "Caddy", I still think Old Guy Car, and salesmen with white shoes and matching belts.
In fairness, I haven't stepped into a Cadillac dealer, but I'm one of the guys that doesn't remember there being a good Caddy, and that makes me want to stay away.
Maybe a new name plate and business model is the answer.
Nelson
Currently own: 2017 BMW M4, 2011 Nissan Frontier Pro-4X Used to own: 2008 VW R32, 1998 Jeep Cherokee Sport, 1987 BMW 325IS
I guess some people associate Cadillac with older people's car, some younger people haven't even developed that image. When I was a kid, if you owned a Cadillac you had made it in life. Now, I am not sure if the image helps or hinders sales.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
You have to get butts in the seats to make an impression, though. Maybe I'm becoming my Father, though.
I thought for certain my next car was going to be another Acura, or a Lexus IS-F. Here I am in a CTS and enjoying the ride immensely.
Truth told, I can't remember a time where the competition for the segment has been so fierce....Caddy ATS and CTS, Audi A/S4 and A/S6, Mercedes C and E class, BMW 3, 4, and 5 series, Lexus IS, ES, GS...heck, throw Lincoln in there if you want. They don't put out a bad product, it's just too derivative (from the Ford stable).
There really isn't a bad product in the bunch. I never thought I'd say this, but even the dealership experience with my Cadillac rose heads above what I had experienced with BMW, Acura and certainly Audi. Not sure how things are going with my sister's Mercedes experience, but I no news is good news.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
http://ask.cars.com/2013/04/what-is-inventory-tax.html
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2018 430i Gran Coupe
I said, "Yes", before they change their mind.
That will be nice for him. It will pay for his lease payments for over a year, while he is still getting his new business off the ground.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
You can certainly pay less and get some ratty Korean or domestic used car!
There was a time when just one glance
Was all that it would take,
And you would know the kind of car,
The model and the make
They didn't look like turtles
Trying to squeeze out every mile;
They were streamlined, white walls, fins
And really had some style
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Why stop at taxes. We could add dealer boat payment contribution (DBPC), or dealer property occupation surcharge (rent for the time dealer allows us onto their property)?
2018 430i Gran Coupe
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
Oldsmobile didn't die - it was beaten to death by the geniuses at GM. When they decided that would be their import fighter line and did all those 90s designs (which looked quite nice, actually, even if the mechanicals didn't live up to that they left their customer base behind. The didn't leave one model that would appeal to a guy who was a dyed in the wool Oldsmobile guy so they left. And the import buyers weren't fooled by nice sheet metal.
Obviously Cadillac is far more serious about reinventing itself than Olds was. Hope for their sake that they do. If not I'll be able to pick up a nice, low mileage ATS cheap which would be nice for me but terrible for GM and thus for the economy in general.
2017 Cadillac ATS Performance Premium 3.6
I also wonder who exactly is making cars for the "traditional" buyer these days anyway. Even Lincoln gave up the Town Car and Ford discontinued the Grand Marquis. Avalon? Azera? Good luck to them. GM has the Lacrosse and the Impala, which comes closest I guess. But I can't see building a brand on that small base of customers these days.
2017 Cadillac ATS Performance Premium 3.6
A few were sold as is.
So, yes, they are out there, they do hold onto their value for obvious reasons, but, $4568 for one with no a/c seems pretty reasonable to me.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
GM had to reduce lines and they had to keep their best seller, Chevrolet, and their best potential money maker Cadillac. They sell a ton of Buicks in China which is a growing market, so they had to dump Pontiac and Oldsmobile.
The average buyer of new cars is 50. Most people buy their first car at 38. Even though Hyundais are marketed to young people they have more older buyers than younger. As one exec said, you can market a younger persons car to older people, but you can't market an old man's car to younger people.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
They were such poor sellers Honda dropped them a few years ago.
2017 Cadillac ATS Performance Premium 3.6
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But, that's what they did.
I just saw a video of Jay Leno interviewing a Product Marketing guy for the new 'Vette. Jay made it a point of saying that GM is now being run by engineers vs accountants, as a result of the restructuring. It's showing in their exemplary products, including Cadillacs.
I had to open a case today with VW corporate and got a case #...a shame that I had to go over the dealerships head to get some attention but one must do what one must. Am thinking that Audi would have not let things go so far as to have to get corporate involved but who knows. Anyways, Audi has impressed so far...VW, not so much!
The Sandman
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
I always wondered why they chose Olds as their "import fighter." I would have thought Pontiac would have made more sense. Since all they were doing for the most part was redesigning sheet metal as opposed to seriously marketing a real competitor to their target I guess it doesn't matter.
The Sandman
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
honestly, it will take so little time and effort (and negligible cost) to just swap out the wheels with another car, I don't know why they are resisting that so much.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
There just seems to be no effort by the dealer to resolve the problem. I would schedule a meeting with the GM to see if this kind of customer interaction behavior comes from the top.
Yes Mr bean, I was going to say, "Good luck with that one!".
Dealing with Audi corporate won't be any better.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250