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  • Drew Dowdell
    Drew Dowdell

    2020 Cadillac CT6 Makes Big Price Moves

      ...now with a base V6....

    The Cadillac CT6 has been in the news a lot lately.  First it was potentially canceled as its home factory in the U.S. is slated for closure. Then there was the Cadillac Blackwing V8.  Most recently it has dropped both the base 2.0T 4-cylinder and the mid-range (now that there is a V8) 3.0 twin-turbo V6. 

    With all of those changes, there is bound to be some price changes to accompany them.

    For 2020, the CT6 will see a base price rise of $8,500 over the 2019 model to $59,900. With that rise, the base engine becomes the 3.6 liter V6 and AWD standard. It is also adding about $3,500 worth of active safety equipment as standard. 

    Moving up to the Premium Luxury model will add $12,000 to the price tag but comes with Cadillac's famous Super Cruise automated driving system, the rear seat package, the Comfort and Technology package, and the 34-speaker Panaray sound system. At $75,490, that's actually a $2,500 discount on those packages over the 2019 model. 

    The top model, the CT6 Platinum will come standard with the Blackwing V8, replacing the 3.0 twin-turbo on the spec sheet. It also gains 20-inch wheels that were optional last year. 

    While the future of the CT6 is murky, the fact that GM continues to make improvements to the model gives us hope that it will live on. 

    Edited by Drew Dowdell

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    These are actually good moves by Cadillac. The price increase was expected since they were dropping the four pot. Making AWD standard on the base 3.6L is a very smart move. Whether it helps sales or not is another matter in this CUV world but it’s a smart move nonetheless. 

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    Why does their website show a different starting price? 

    They should have dropped the 3.6 and detuned or tuned the 3.0 to any number they wanted that had more than 300tq. 350/350 seems easy enough. 

    CT6.PNG

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    Just now, ccap41 said:

    Why does their website show a different starting price? 

    They should have dropped the 3.6 and detuned or tuned the 3.0 to any number they wanted that had more than 300tq. 350/350 seems easy enough. 

    CT6.PNG

    The changes are for 2020. They dropped the base model for the rest of 2019.   The lowest trim you can get now is Premium Luxury. 

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    2 minutes ago, Drew Dowdell said:

    The changes are for 2020. They dropped the base model for the rest of 2019.   The lowest trim you can get now is Premium Luxury. 

    Yeah, but you said the price rose to $59,900 but it already is over that? 

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    Just now, ccap41 said:

    Yeah, but you said the price rose to $59,900 but it already is over that? 

    Yeah, sorry, that is a little confusing.  The CT6 started 2019 model year with a 2.0T and a $51k starting price. They dropped the 2.0T in the meantime.

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    3 minutes ago, Drew Dowdell said:

    Yeah, sorry, that is a little confusing.  The CT6 started 2019 model year with a 2.0T and a $51k starting price. They dropped the 2.0T in the meantime.

    Apparently Cadillac padded an extra $3K to it. I’m glad they dropped the 2.0 but that’s an $11K increase over the $51K model. That’s a big jump even with AWD and a V6 standard. 

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    5 minutes ago, Drew Dowdell said:

    Yeah, sorry, that is a little confusing.  The CT6 started 2019 model year with a 2.0T and a $51k starting price. They dropped the 2.0T in the meantime.

    Okay so they dropped the base trim for 2019 along with the 2.0T(which is why it's 63k on their site now) and for 2020 they are bringing back the base trim(dropping the price some) but not the 2.0T, right?  Or am I still getting that incorrect? 

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    3 minutes ago, ccap41 said:

    Okay so they dropped the base trim for 2019 along with the 2.0T(which is why it's 63k on their site now) and for 2020 they are bringing back the base trim(dropping the price some) but not the 2.0T, right?  Or am I still getting that incorrect? 

    that's correct.

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    23 minutes ago, surreal1272 said:

    So it’s $62K this year and then it’ll be $59K for 2020?  Am I misreading that or is GM drunk?

    it started at $51k at the beginning of the '19 model year. Then they canned the base model with the 2.0T.... now they're bringing a base model back, but with V6 and AWD.

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    14 minutes ago, dwightlooi said:

    This should have been the positioning from day one. But something tells me that it is too little, too late, in the life cycle of the CT6.

    Or maybe this is what the CT6 will stay this way for a long time to come, especially for the all-new CT6 that will come sometime in the future.

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    1 minute ago, riviera74 said:

    Or maybe this is what the CT6 will stay this way for a long time to come, especially for the all-new CT6 that will come sometime in the future.

    What I am surprised by is the retention of the 3.6 (LGX) engine. I would have guessed that Caddy will phase out the 3.6 (LGX) engine in favor of their newly minted and neutered 3.0TT across the board. They BOTH make exactly 335 hp although the neutered 3.0TT makes 400 lb-ft (quite a bit more than the 285 lb-ft managed by the 3.6 Naturally aspirated engine.

    I can kinda understand with the XT5 and XT6 given GM's lack of a 400 lb-ft transverse automatic transmission. Unless they want to buy Ford's 8-speed 8F57 they are kinda stuck with these sub-300 lb-ft engines. But, this is not an issue with the longitudinal CT6 and will be consistent with the CT5 and CT4 lines -- with the CT6 base engine being the CT5 premium engine.

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    1 hour ago, Drew Dowdell said:

    it started at $51k at the beginning of the '19 model year. Then they canned the base model with the 2.0T.... now they're bringing a base model back, but with V6 and AWD.

    I get that. What I am saying is that the current price of the entry model 3.6L AWD is $62K per Cadillac’s website but you are stating that the exact same model (I’m assuming) will be $59K. Seems odd to me. 

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    Essentially Cadillac is saying 'we charged too much for the TTv6 and so if we are trying to charge that much, let's charge more and give them a v8'.  They can get people to write the big checks for the v8.

    Then, as usual, at the end of the year, Cadillac's iron is discounted 10,12,15 thousand, and in that case, they are saying 'since you are only giving us this much cash for the standard version, we won't spend extra to put the twin turbo in there, you get the corporate 3.6 instead'.  

    The LSY 2.0 was a full second slower on the base car compared to the old 2.0  so it made sense to save the embarrassment of that move and get rid of that choice.  That, and it was RWD only, which means no one in the snow belt would buy that car anyways.

    Perhaps a clever move would be to put the 2.7t in a cheap sport version with AWD.  But they won't spend the time or money to do that.  And i suppose at the end of the day from an aspirational sense, if  you want a badass CT6, you're gonna want the v8.

    The other thing to note here is Super Cruise may end up selling this car much more than any particular powertrain.

    If all this actually keeps the CT6 in the showroom, I am for it.  And those that buy one, it actually becomes collectible.

    Edited by regfootball
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    I will not buy a Cadillac new. Depreciation is ridiculous. I would, however, but one used -- like the 2014 CTS VSport Premium which I got in 2017 for $33K (a full $40K off the new retail price) with 26K miles on the odo. Now, though, with the neutered 3.0TT engine and the weak sauce CT5-V, I won't even buy a used CT5. I might consider a 2016 CT6 or 2017 CT6 Platinum w/ super cruise though. The un-neutered 3.0TT is OK at 404hp/400 lb-ft and those things sell for $40K.

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    1 hour ago, dwightlooi said:

    What I am surprised by is the retention of the 3.6 (LGX) engine. I would have guessed that Caddy will phase out the 3.6 (LGX) engine in favor of their newly minted and neutered 3.0TT across the board. They BOTH make exactly 335 hp although the neutered 3.0TT makes 400 lb-ft (quite a bit more than the 285 lb-ft managed by the 3.6 Naturally aspirated engine.

     

    Agreed, I think the turbo V6 makes more sense, especially when pretty much every other big luxury sedan has a turbo V6.

    As far as pricing I think what they did makes sense because really they are dropping option packages and just making all this stuff standard so they have fewer build combinations to worry about as this isn't a high volume car, I don't think they want 100 different option combos to worry about.

    13 minutes ago, dwightlooi said:

    I will not buy a Cadillac new. Depreciation is ridiculous. I would, however, but one used -- like the 2014 CTS VSport Premium which I got in 2017 for $33K (a full $40K off the new retail price) with 26K miles on the odo. Now, though, with the neutered 3.0TT engine and the weak sauce CT5-V, I won't even buy a used CT5. I might consider a 2016 CT6 or 2017 CT6 Platinum w/ super cruise though. The un-neutered 3.0TT is OK at 404hp/400 lb-ft and those things sell for $40K.

    Speaking of depreciation, 2018 Infiniti Q70's which have a base of $51,000, so you know most stickers are at least $55k, now sell for $25-30k and those are like 10k miles.  That is $25k drop in one year, haha. 

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    3 minutes ago, smk4565 said:

    Agreed, I think the turbo V6 makes more sense, especially when pretty much every other big luxury sedan has a turbo V6.

    As far as pricing I think what they did makes sense because really they are dropping option packages and just making all this stuff standard so they have fewer build combinations to worry about as this isn't a high volume car, I don't think they want 100 different option combos to worry about.

    GM should make it VERY SIMPLE. For each model there should be three trim levels and ZERO options.

    • Basic
    • Loaded
    • Loaded with performance engine

    That's it. If you don't like the equipment or configuration, the sales guy shows you to a booth where you can CUSTOMIZE a car to be built to order and delivered in 2 weeks for a $1000 customization fee. Because odd ball configurations are rare and not stocked at dealerships. It is not too hard to have a build queue you can fulfill in 2 weeks.

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    I would buy a car new.

    A Cadillac. A Lincoln. A Mercedes Benz.  Whatever car I choose to buy new if its the car I want to buy, its something that I could afford and if its really the money I wouldnt mind departing with.

    If I cant afford a certain car...Ill buy a less expensive one...new.

    If I could afford a certain car, but I dont necessarily want to depart with that kind of dough, yet again...Ill buy a less expensive one...new.

    Everything depreciates. 

    Even houses when not taken care of...

    One does NOT buy a depreciating asset thinking they will lessen the blow by buying that same depreciating asset  used.

    Yes...one COULD do that...   Its a personal thing...

    But its also what you value.

    I dont value a used  car...no matter what badge it has....

    To me...its used.

    I value a NEW car...even if that NEW car is of a "lesser" badge...

    I PREFER to be the FIRST owner of MY brand NEW car...

    Because its MY car.

    To me...buying a used car...pre-owned...whatever positive spin slogan you wanna use...to me...a used car will never feel like its MINE.    Ive owned used cars in my life.  Hey...they got me from point A to point B.  THAT is ALL that matters.

    But I also have bought new...

    Crappy, base model 2009 Mazda 3 with roll up windows...new.

    I could have bought something used that was a tad more luxurious...but you know what?

    That crappy, base model 2009 Mazda 3 was MINE... (wife's actually)  It was MY baby.  I got to soil it first.  (use your imagination on this, boys....) 

     

    Ive had a discussion about  depreciation before with @dwightlooi  but I didnt feel like answering back...

    When depreciation is mentioned...on depreciating assets...I NEVER hear the word amortizing...

    When someone buys a new...depreciating a asset (or used)...one has to look at his finances...he has to be HONEST with himself...and has to AMORTIZE that depreciating asset accordingly.   One HAS to factor in the losses. And if he is COMFORTABLE financilly and MENTALLY about losing money on DEPRECIATING assets...then buying new WILL never affect him!!! 

    THIS is what I meant @dwightlooi  that depreciation does NOT affect me.   I dont care what money my new car will be worth down the road....  I have factored in my usage for the car, the wear and tear on it...I will drive it and maintain it....I WILL be saving money for a NEW car also 5-6-7-8-9-10 years down the road to replace it....and when the car has done its duty serving me, and when its repairs are no longer worth it for me to keep her because now...I have also saved enough money to replace it with an EQUAL valued vehicle, then the car I bought new  5-6-7-8-9-10 years ago, will now be ready for replacement.

    Ive replace a new car after 6 years.  I guess I could have leased. But my life changed and I needed a sedan.  6 years was maybe a tad too short for me to have amortized it properly, but I was single and have saved money for the first 2-3 years of buying the Alero so I had money for a new car anyway.  Now I was married with a kid on the way, so the Alero coupe had to go. I bought an Impala...

    THIS is how it was done a loooong time ago. THIS is how I was taught to buy cars.  (by my dad)

    I aint saying its the only way...  Im only saying its the only way...for me! 

    Hey...leasing is a great way to get your butt into a car.

    Hey...with all those used cars on the market of having 10 million cars plus sold each and every year...its also a GREAT way to get yourself that dream car you always wanted on the cheaper way of getting your butt in a car...

    I just dont like doing it that way.

    I like...new car smell...

     

     

     

    Edited by oldshurst442
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    LOL... and I don't care the slightest bit for being the 1st owner of anything (well, OK, I'll make an exception for condoms and the like) and I don't care for the new car smell. I only care about getting the most car for my money. Same thing with homes. We don't buy new homes, either.

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    By AMORTIZING depreciating assets properly...you get the most for your money...

    If you wanna be calculating to see what is the best way....then dealing in absolutes... (we dont do this or we never do that) will NEVER get you the most for your dollar. 

    You live in sunny California...

    Maybe the ocean does rust your vehicles through the salty water breeze...but seeing that I visit Greece and its islands often  enough, I dont see 5 year old cars with rust on them.  Shyte....I dont see 15-20 year old Greek cars with rust on them. 

    My wife's 2013 Ford Fusion's undercarriage is rusty...not holey....but rusty.  6 year old car.   Well maintained.  But...the salt used on our snowy Montreal roads will do that to a car.

    As you could see...long term survivability for cars in the North East...in the snow belt of North America...phoques up cars real bad, so...moot point about depreciation.

    Oh sure...one could buy a 10 year old Cadillac, Mercedes, Honda for peanuts...but what condition would it be in?  Is it really worth the cheap price when it will probably not be reliable?  And I aint talking about it stalling on you...but with rust issues....will it lose a bloody wheel on you doing 65 mph on the highway?   Because, you really dont know how well the previous owner(s) kept their car...

    Housing is a whole 'nother subject.

    Ive seen many families buy 50 year old houses, on the high side of price, thinking they bought a gem...only to waste a good chunk of change demolishing and gutting because...problems...

    Ive seen plenty of families buy 50 year old houses on the cheap...thinking they bought a decent fixer upper...only to waste a good chunk of change demolishing and gutting because...problems...

    Now...the headaches of things breaking on you in the middle of the night or even finding good contractors...hopefully they respect their deadlines, hopefully they dont botch the job...    Repairing or even renovating your home...your home being in a mess...lat minute breaks...and you cant even stay in your own home...renting a motel room...

    IS all that worth buying a used home?    

    Because all that I mentioned is a real possibility.  Ive seen it happen COUNTLESS of times.

    Not that buying new is a the ONLY way...

    But like I said...when someone deals in absolutes...  I never do this and I never do that...will only give you heartache...

    Even if it actually is cheaper buying pre-owned....sometimes peace of mind is PRICELESS!!!

    I aint saying buying new is peace of mind...Im saying you gotta do your homework...new versus old in that moment with a particular object in THAT moment in time...peace of mind is priceless.

    But buying an old home...if you dont gut her entirely...you just dont know...

    Hell...same goes for a car...

     

     

     

    Edited by oldshurst442
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    46 minutes ago, dwightlooi said:

    GM should make it VERY SIMPLE. For each model there should be three trim levels and ZERO options.

    • Basic
    • Loaded
    • Loaded with performance engine

    That's it. If you don't like the equipment or configuration, the sales guy shows you to a booth where you can CUSTOMIZE a car to be built to order and delivered in 2 weeks for a $1000 customization fee. Because odd ball configurations are rare and not stocked at dealerships. It is not too hard to have a build queue you can fulfill in 2 weeks.

    I sort of like a standard trim, a luxury/premium package, a sport package, and a driver nanny package.  Not everyone wants lane keep, blind spot, super cruise, etc so I can see keeping that separate.  But if they want to make all that stuff standard in the nav of safety I don't care either.

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    I only buy Forclosed homes, as I gut them, make them to what I want and live in it pocketing the value by doing most work myself. I have only ever lived in 1 new home due to a promotion and move to Texas, cheaper to buy new than rent short term.

    Auto's, I can go either way, CPO if the car is in amazing shape, clean still has that new car smell and very low miles.

    Since I hold onto my auto's, AKA still have my first major auto purchase, from 1993, a 1994 GMC SLE Suburban, I also like new as the original owner.

    Course I have also bought CPO such as my 2008 Trailblazer SS. Out of production when I was shopping for an AWD fun SUV for the wife and as a 3yr old CPO with only 24K miles on it and still smelling new, it was a steal during the gas price craziness in 2010. Most people wanted small fuel efficient and I could care less about price of gas. Got a steal of a deal.

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    My home was built in 1968. We bought it in 2013 as a 45 year old property. It is 1,240 sq-ft and we put nothing into it except paint, carpets and light switches. We got a good deal on it because the owners wanted a contingency to sell and rent back for 6-12 months as they cash out for a down payment and buy in another part of the country.

    https://www.zillow.com/homes/2611-Ponce-Ave-Belmont,-CA,-94002_rb/15548669_zpid/

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    12 minutes ago, dwightlooi said:

    My home was built in 1968. We bought it in 2013 as a 45 year old property. It is 1,240 sq-ft and we put nothing into it except paint, carpets and light switches. We got a good deal on it because the owners wanted a contingency to sell and rent back for 6-12 months as they cash out for a down payment and buy in another part of the country.

    https://www.zillow.com/homes/2611-Ponce-Ave-Belmont,-CA,-94002_rb/15548669_zpid/

    WOW, a Split level like mine with 2 car Garage. 

    Shocked, not shocked by the crazy prices of California. Paid $140,000 in May 1999 for my Foreclosed home and spent $25K to clean it up once I tore the inside down to the studs and put in new windows, roof and doors.

    https://www.zillow.com/homes/6305-223rd-Pl-SW-Mountlake-Terrace,-WA,-98043_rb/38486952_zpid/

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    19 minutes ago, dfelt said:

    WOW, a Split level like mine with 2 car Garage. 

    Shocked, not shocked by the crazy prices of California. Paid $140,000 in May 1999 for my Foreclosed home and spent $25K to clean it up once I tore the inside down to the studs and put in new windows, roof and doors.

    https://www.zillow.com/homes/6305-223rd-Pl-SW-Mountlake-Terrace,-WA,-98043_rb/38486952_zpid/

    Nice. 1999 was a long time ago though...

    I almost took a job in Bellevue in in late-2000s, but wifey couldn't find anything that paid as well as she was making so we stayed in CA.

    In CA, today, $1.5M is a middle income neighborhood. If you want to live where the doctors and VPs live it's about $3~5M. To rent an apartment will cost you about $3K a month. If you make about $300K a year (combined) you'll be OK. $300K is about $180K after tax or about $15K a month. Your mortgage will be about $8K so you'll have $7K left over to get a pair of cars, pay for insurance, eat out, pay for child care and the like. Anything less and you are the working poor.

    Edited by dwightlooi
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    2 minutes ago, oldshurst442 said:

    Those are crazy assed prices...

     

    They are but I love seeing reminders of why I will never live in California. 1280 sq ft. for seven figures in the middle of suburban hell? Yeah, that’s a hard pass for me but to each their own. 

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    1 minute ago, surreal1272 said:

    They are but I love seeing reminders of why I will never live in California. 1280 sq ft. for seven figures in the middle of suburban hell? Yeah, that’s a hard pass for me but to each their own. 

     

    Yeah...that is what I saw too...1280 sq ft. for seven figures

    Holy shyte!!!

    I was in love with the California dream in the 1980s, through movies and song.  I loved the Beach Boys then.  Some movies that I saw featuring the Beaches, the Blondes...the fun fun fun in the sun til your daddy takes the T-Bird away.

    But...I got over it.  I dont know why exactly.  But those high prices of houses dont help...

      

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    BTW, the top neighborhoods actually do not have the best public schools... NOBODY goes to public school in Hillsborough, so the schools are shared with a neighboring city like San Mateo and are so-so. Crystal Spring middle school (Private) is available for $44,500 a year tuition. If you have two kids you are out about $90K for middle school.

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    21 minutes ago, dwightlooi said:

    Nah... go 3 miles up the road in the city of Hillborough next door and you'll see 8 figure price tags all over the place.

    https://www.zillow.com/homes/456-Pullman-Rd,-Hillsborough,-CA-94010_rb/15519370_zpid/

     

     

    We were discussing value and how far we could go with our dollar, right?

    yeah...just like Ill NEVER buy a 6 figure car (I could affford one, I just never in my right mind spend that much...on a DEPRECIATING asset...)  will ever buy an 8 figure house...no matter how big, or small it is...

    Yeah...I could do soooooo much more with my life with 8 figures than dumping it on a house.

    Yeah...even if I was a celebrity of some sort.

    I aint no hippy, no green advocate of saving the planet.  Look at my signature....its a dirty ole big cubed V8 doing a burnout...

    But...8 figures is a lot of money that I could do sooooo much with it.  Help my community.  Help my fellow man.

    A house in Montreal that is 8 figures is as big as a Costco. 

    Im only 5 feet 6 and a half inches tall. Im not fat. I got 1 wife and 2 kids. Both parents have passed on. I dont need a living quarters THAT big.   

    Ill need maybe 2 houses when I retire. 1 in Montreal and 1 in a hot place so I could avoid the ice and snow. But I definitely dont need mansions.  Ill need a space to live with my wife and kids when they visit big enough so as I dont trigger my clausterphobia that I got....but I dont need an 8 figure home...

    99.9% of it will be NEVER be occupied anyway...

    14 minutes ago, dwightlooi said:

    BTW, the top neighborhoods actually do not have the best public schools... NOBODY goes to public school in Hillsborough, so the schools are shared with a neighboring city like San Mateo and are so-so. Crystal Spring middle school (Private) is available for $44,500 a year tuition. If you have two kids you are out about $90K for middle school.

     

    This would be an American problem...

    In Canada, in Montreal...even the worst public school is decent.   A little bit of hard work from the student and a little bit of help and support BY THE PARENTS...and Montreal kids CAN and DO very well for themselves...

    The worst of the private schools in Montreal...are just a waste of money...

     

    Edited by oldshurst442
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    1 minute ago, oldshurst442 said:

    yeah...just like Ill NEVER buy a 6 figure car (I could affford one, I just never in my right mind spend that much...on a DEPRECIATING asset...)  will ever buy an 8 figure house...no matter how big, or small it is...

    That's a little different though because a home is NOT generally a depreciating asset. In fact, some people believed it to be an infinitely appreciating asset. That is why I know people who spend $8,000 of their $9,000 take home income on the mortgage, drive a 1985 Camry, sleep on a used mattress, sit on the floor, shop at Goodwill and eat cup noodles every day.

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    Just now, dwightlooi said:

    That's a little different though because a home is NOT generally a depreciating asset. In fact, some people believed it to be an infinitely appreciating asset. That is why I know people who spend $8,000 of their $9,000 take home income on the mortgage, drive a 1985 Camry, sleep on a used mattress, sit on the floor, shop at Goodwill and eat cup noodles every day.

    yeah...but I explained it further in my post though...

    Cash...is always king.

    Id rather have it in cash.

    If not all in the banks, if not all invested somewhere, because money can be lost in banks and in investments...

    Cash is king...I prefer to hide some of it under my mattress so to speak...

    To make it grow?

    Properties could be bought and sold all the time...

    Property that you live in, you use as a permanent residence...should NEVER be treated like a commodity...

    Buying, flipping and selling properties, houses and businesses....yes!

    Your own residence....never. 

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    1 minute ago, oldshurst442 said:

    yeah...but I explained it further in my post though...

    Cash...is always king.

    Id rather have it in cash.

    If not all in the banks, if not all invested somewhere, because money can be lost in banks and in investments...

    Cash is king...I prefer to hide some of it under my mattress so to speak...

    To make it grow?

    Properties could be bought and sold all the time...

    Property that you live in, you use as a permanent residence...should NEVER be treated like a commodity...

    Buying, flipping and selling properties, houses and businesses....yes!

    Your own residence....never. 

    CASH IS DIRT! Currency is a depreciating asset, especially fiat currency from a country with no qualms about creating more money out of thin air (quantitative easing). Let me put it this way...

    In 1994, $150,000 will buy you a home in Silicon Valley. 25 year later that same home will cost you $1.5M. As far as homeownership goes, if you held cash you are left with 10% your buying power. Conversely if you held a property, you'll make 10x what you put into it.

    If you held simply the NASDAQ composite index fund you have 6x the money you put it. If you bought GOLD of all things you will have 4.5x the money you put in. If you bought AMD stock three years ago you'll make 10x return in 3 years. CASH IS DIRT.

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    Yeah...

    Cash is dirt...

    You stick to that logic....Ill stick to working hard in my restaurant, Im making good coin. 

    Honest day's work for an honest day's pay. 

    Ill keep my depreciating currency tucked into my mattress. You could invest it in NASDAQ or wherever you want...

    And when the Bernie Madoffs and the Jordan Belfort's of the world crash your party...selling you the worthless printed paper that is NOT currency promising you champagne dreams and caviar wishes,  Ill be OK with the little cash Ive got in hand, buying me bread to eat...shyte...because I dont need a home of 8 figures...Ill be MORE than OK buying myself tomato seeds  to grow my tomatoes, along with that bread and Ill survive...

    Even with a depreciating asset like cash...because I undersatnd what you wanna say...Ill have enough money to eat bread, tomatoes and olive oil. Its enough to survive...

    Its not like eating a cup of noodles everyday...but hey...Im Greek, olive oil is our thing...

    PS:  Those crooks...they keep a stash of cash hidden...THAT should tip you off...

     

     

     

    Edited by oldshurst442
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    27 minutes ago, oldshurst442 said:

    Yeah...

    Cash is dirt...

    You stick to that logic....Ill stick to working hard in my restaurant, Im making good coin. 

    Honest day's work for an honest day's pay.

    Why not relish an honest day's work, make good coin and convert that coin into something that appreciates so you don;t end up with a fraction of the coin in a decade? Remember, this is not ancient times. You are not being paid in gold or silver. You are not even being paid in a currency backed by gold reserves or any commodity. You are being paid in fiat coin backed by BULLSH!T and confidence in Bullsh!t.

    Edited by dwightlooi
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    3 hours ago, smk4565 said:

    Agreed, I think the turbo V6 makes more sense, especially when pretty much every other big luxury sedan has a turbo V6.

    As far as pricing I think what they did makes sense because really they are dropping option packages and just making all this stuff standard so they have fewer build combinations to worry about as this isn't a high volume car, I don't think they want 100 different option combos to worry about.

    Speaking of depreciation, 2018 Infiniti Q70's which have a base of $51,000, so you know most stickers are at least $55k, now sell for $25-30k and those are like 10k miles.  That is $25k drop in one year, haha. 

    I have a good friend who has a G37/35 whatever (essentially a Q50 now) and he told me exactly that recently.  He is eyeballing getting a Q70 not too far down the road.  Screaming deal and not too bad a car.

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    1 minute ago, regfootball said:

    I have a good friend who has a G37/35 whatever (essentially a Q50 now) and he told me exactly that recently.  He is eyeballing getting a Q70 not too far down the road.  Screaming deal and not too bad a car.

    2017 Alfa Romeo Guilia's are now under $25k, and those were like $45k new 2 years ago and got all the praise.  Even while under warranty people won't touch that reliability.  And I have seen them with 5k  miles for under $25k, not like high mileage beaters.

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    14 hours ago, smk4565 said:

    2017 Alfa Romeo Guilia's are now under $25k, and those were like $45k new 2 years ago and got all the praise.  Even while under warranty people won't touch that reliability.  And I have seen them with 5k  miles for under $25k, not like high mileage beaters.

    The only Giulia which is interesting is the Quadrifoglio with its 500 hp TTV6. But anything whose engine is Ferrari derived gets an "F" for reliability and longevity. The "Regular" Giulia is not particularly interesting except perhaps for the excitement in not knowing when it'll leave you on the side of the road.

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    The CT6 has been depreciating rapidly too... even the 3.0TT model.  I've been keeping my eyes on them. If only I didn't have the problem with the driveway.....   oh well, time for a new (to me) house.

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    59 minutes ago, Drew Dowdell said:

    The CT6 has been depreciating rapidly too... even the 3.0TT model.  I've been keeping my eyes on them. If only I didn't have the problem with the driveway.....   oh well, time for a new (to me) house.

    Most luxury cars depreciate rapidly, especially in the first year.  Luxury cars are leased so much more often than bought, which only makes depreciation worse.  Great if you buy used or certified pre-owned rather than new

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    4 minutes ago, riviera74 said:

    Most luxury cars depreciate rapidly, especially in the first year.  Luxury cars are leased so much more often than bought, which only makes depreciation worse.  Great if you buy used or certified pre-owned rather than new

    Or if like me you buy and hold onto them for 10 plus years, then new is fine as you know exactly how it is taken care of. I have no problem with CPO, but new long term is fine with me.

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    52 minutes ago, dfelt said:

    Or if like me you buy and hold onto them for 10 plus years, then new is fine as you know exactly how it is taken care of. I have no problem with CPO, but new long term is fine with me.

    Or you can buy a three year old for 40% the price and hold that for 10 years and spend 60% less on your car. Or, get a car which would have been 1.5 times more than you can afford.

    1 hour ago, Drew Dowdell said:

    The CT6 has been depreciating rapidly too... even the 3.0TT model.  I've been keeping my eyes on them. If only I didn't have the problem with the driveway.....   oh well, time for a new (to me) house.

    The CT6 3.0TT is one of the CTS replacement candidates. The others being the CTS-V, the the E63, the M5 and the RS6 Avant. The CT6 being the most affordable and the SLOWEST of them all. It'll help if there are respectable ANY ECU tuning options, but there aren't. The Blackwing CT6 or the CT5 are not in the running. The former because it is too new; the latter because it is unbearably WEAK SAUCED (and too new).

    Edited by dwightlooi
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    5 minutes ago, dwightlooi said:

    Or you can buy a three year old for 40% the price and hold that for 10 years and spend 60% less on your car. Or, get a car which would have been 1.5 times more than you can afford.

    Yes valid options or you can also if color is not an issue, but at the end of the model year or into the new model year buy a fully loaded last years model with big discounts and have new for 10 plus years. I did this with my Escalade and got a fully loaded Platinum edition with less than 200 miles on it for almost half the price when it was first built. GM loves to dump older fully loaded new models to clean the lots.

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