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Cadillac News: 2020 Cadillac CT6 Makes Big Price Moves

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I only buy White or Silver cars; colors which are usually not hard to find.

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22 hours ago, surreal1272 said:

You should check out this smoking deal on a 2016 E-Class. 

 

0999DFFF-1654-4FA3-A21B-F8BC09E7908F.png

2018 Infiniti Q70 sells for that price and cost E-class money new.   2016 CTS's are in the $22-25k range, all luxury sedans depreciate because they aren't crossovers.   Let's be honest you could price an S-class, CT6, 7-series or anything else dollar for dollar even with a Toyota RAV4 and the RAV4 would outsell it just because it is a crossover.  You give people the choice between a $30k RAV4 and a $30k brand new Rolls Royce and they will buy the RAV4 out of fear that the oil change on a Phantom costs more than on a Toyota.

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1 hour ago, smk4565 said:

2018 Infiniti Q70 sells for that price and cost E-class money new.   2016 CTS's are in the $22-25k range, all luxury sedans depreciate because they aren't crossovers.   Let's be honest you could price an S-class, CT6, 7-series or anything else dollar for dollar even with a Toyota RAV4 and the RAV4 would outsell it just because it is a crossover.  You give people the choice between a $30k RAV4 and a $30k brand new Rolls Royce and they will buy the RAV4 out of fear that the oil change on a Phantom costs more than on a Toyota.

That is great because I ONLY buy used and I ONLY buy sedans. Depreciation is great because once somebody else eats the first 3 years, I don't care how much it depreciates. I already saved 40 grand up front.

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Posted (edited)
2 hours ago, smk4565 said:

2018 Infiniti Q70 sells for that price and cost E-class money new.   2016 CTS's are in the $22-25k range, all luxury sedans depreciate because they aren't crossovers.   Let's be honest you could price an S-class, CT6, 7-series or anything else dollar for dollar even with a Toyota RAV4 and the RAV4 would outsell it just because it is a crossover.  You give people the choice between a $30k RAV4 and a $30k brand new Rolls Royce and they will buy the RAV4 out of fear that the oil change on a Phantom costs more than on a Toyota.

Way to completely miss the point. The point being that all luxury cars, from Infiniti to Cadillac to Mercedes, have $h! resale value. Just though you may have missed the fact the Benz suffers the same devaluation fate as the rest of them. For the record, the Q sells for 3,000 less than the E Class while offering a V6 standard (with 100 more HP) as opposed to a 241 HP turbo 4. Just sayin’

Edited by surreal1272
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20 hours ago, surreal1272 said:

Way to completely miss the point. The point being that all luxury cars, from Infiniti to Cadillac to Mercedes, have $h! resale value. Just though you may have missed the fact the Benz suffers the same devaluation fate as the rest of them. For the record, the Q sells for 3,000 less than the E Class while offering a V6 standard (with 100 more HP) as opposed to a 241 HP turbo 4. Just sayin’

They could make a 500 hp V8 standard in the Q70 and the E-class with its 255 hp 4-banger would outsell it.  In fact, I think this will be the last Q70 and Infiniti will just kill it, Lexus will kill the GS.  They can't compete with the E-class. Cadillac is taking the CTS to have CT5 compete with the C-class. BMW is the only brand up to the challenge, this might as well be a 2 car segment in the USA and the Chinese love the Audi A6, which I admit has a very nice interior, perhaps as good as the E, better than the 5.

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All luxury brands suffer depreciation greater than more utilitarian brands. But, that is not to say that all Luxury brands suffer the same depreciation. CADILLAC SUFFERS MUCH MORE DEPRECIATION THAN ANY OTHER LUXURY BRAND.

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Current Cadillacs, Infinities and even Lexus will be replaced over time by EV versions. I truly believe that.

Just now, dwightlooi said:

All luxury brands suffer depreciation greater than more utilitarian brands. But, that is not to say that all Luxury brands suffer the same depreciation. CADILLAC SUFFERS MUCH MORE DEPRECIATION THAN ANY OTHER LUXURY BRAND.

Except the Escalade, they hold more value than most other luxury SUVs.

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8 minutes ago, dwightlooi said:

All luxury brands suffer depreciation greater than more utilitarian brands. But, that is not to say that all Luxury brands suffer the same depreciation. CADILLAC SUFFERS MUCH MORE DEPRECIATION THAN ANY OTHER LUXURY BRAND.

It's pretty hard to write a check out for 'percentage units'. Mercedes' as a mathematical computation of their generally higher ATPs, cost more in depreciation dollars than the vast majority of cars. You can lose $85,000 in 3 years on some models. 

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1 minute ago, dwightlooi said:

All luxury brands suffer depreciation greater than more utilitarian brands. But, that is not to say that all Luxury brands suffer the same depreciation. CADILLAC SUFFERS MUCH MORE DEPRECIATION THAN ANY OTHER LUXURY BRAND.

Part of that reason is the overall  consumer's perception of Cadillac versus...lets say...Lexus.  (Given Cadillac's missteps of the past...haunting Cadillac over and over and over again)

Another reason is the marketing bullshyte that some manufacturer's marketing department spews over and over and over again about depreciation...again...lets say...Lexus...so the overall perception of Lexus versus Cadillac favours Lexus...

A 10 year old daily driven car in Quebec that has over 150 000 miles, no matter what brand and make it is, is worth the same...to me at least...

Because it will have the same rust issues, the same wear and tear on its steering and suspenions due to shytty, pot holed roads...

So...whether you buy a 80 000 dollar Cadillac, Mercedes...or a 20 000 dollar Ford or Honda, or a 40 000 dollar Buick, Volvo...after 10 years daily driven in Montreal, for me at least, will be worth at most 2000 dollars...

That is why I dont look at used cars in Quebec...

Depreciation is great...like you said....

I could get a great deal on a used 3-4 year old Mercedes...

But why would I wanna do that?

I would rather buy a new car...the same price as that 3-4 year old Mercedes...a brand new Ford...

I dont value badges...

I value NEW...

 

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33 minutes ago, dwightlooi said:

 CADILLAC SUFFERS MUCH MORE DEPRECIATION THAN ANY OTHER LUXURY BRAND.

More than Lincoln?  Or Maserati?  or Alfa Romeo?  Cadillac I think does better than that group, but I don't really shop used Cadillac prices.

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Posted (edited)

Depreciation when used as how one model or brand devalues faster than another is just marketing bullshyte...

Its what you value...

If you value one brand over another, you pay more for that used car...

Here we are...praising the merits of depreciation so we could buy that used car of our dreams, on the cheap...stretching our dollar value... yet we are praising the lower depreciation values of some brands over others...

ILLOGICAL argument to me...

 

In fact...when there is a trade-in to be made at the stealership...

The stealership...will ALWAYS find problems with your car, no matter WHAT make it is...to DEVALUE your car so they could give you LESS money for it...

Lexus, Cadillac, Chevrolet.....it dont matter...in a trade-in...deprecation means diddly squat.

On a Lexus...the stealership WILL find defects to DEVALUE your beloved, low depreciation LEXUS.

On a Cadillac, it may or may not be a reason....but the same problems that plague the Lexus will be used on your Cadillac to DEVALUE it...

Then,  in turn...you refuse to trade in your LOWER depreciating car as compared to the HIGHER depreciating models, so you sell it privately in hoping you get a sucker to buy into that reliability game so you could get top dollar for your car, which then makes YOU the sleazy salesman...because YOU dont want to be the sucker at the stealership.

Irony...

Its just a game...this brand depreciates faster than that brand...

Its a marketing gimmick...that the Japanese makers have used...

Its a GREAT tool...

But to me...like I said...

A daily driven car over a certain period of time is worth the same as any other daily driven car with the same time elapsed...

I wouldnt want to buy a used 3-4 year old car that was once a high priced vehicle....I would rather buy a NEW car that is "worth" the same...

Because...THAT is it...to me...a used car, may NOT be worth the asking price...depending how maintained it was. How much damage it sustained...

Nobody knows what the original owner did to that car.

Yes...everybody has bought a GREAT used car that was driven by a little old lady driving to church once a week. It was driven ONLY to church and the church happened to  ex-communicate her as well...

And what value to you place on a car like that?

If it was a Lexus?

If it was a Cadillac?

Like I said...its a game...

 

 

 

 

 

Edited by oldshurst442
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1 hour ago, smk4565 said:

More than Lincoln?  Or Maserati?  or Alfa Romeo?  Cadillac I think does better than that group, but I don't really shop used Cadillac prices.

I think you are correct with that. Cadillac runs mid pack in the depreciation group. Some individual models do hold up better than others (pretty much like that with all makes though). 

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If you buy a brand new car for $100,000 and it retains 50% of it's value in 3 years, that car cost you $50,000 in depreciation.

If you buy a brand new car for $75,000 and it retains 42% of it's value in 3 years, that car cost you $43,500 in depreciation.

Yet some folk will tell you you got a better deal with the 50% residual car.

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Posted (edited)

Depreciation is the aggregation of what everyone in general values. And, yes, you ABSOLUTELY got a better deal with the 50% residual car because it is a 100K car and it cost you 50% of that to own it for three years, whereas the $75K car cost you 58% of its price to own for three years. That is if you buy new of course.

I NEVER buy new, I'll be the guy buying the prestige, luxury, features and/or performance of the $75K car for $31.5 instead of some $31.5K econo sedan with some bull$h! new car smell. And, if I wanted to spend $75K, I'll be buying something that would have cost me $150~160K new. It's not for a lack of money; the socialist scums running for political office say I am the 1%. It's simply a better deal. Smart people by used. Do you know that Trump's 757 was used and all his Sikorsky helos were used?

Nobody in the family buys new. Not cars, not homes, not even laptops, watches, lenses, cameras or anything that depreciates like crazy. OK, we buy FOOD, underwear, toothbrushes and the like new. But that is about it.

Edited by dwightlooi
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12 minutes ago, dwightlooi said:

Depreciation is the aggregation of what everyone in general values. And, yes, you ABSOLUTELY got a better deal with the 50% residual car because it is a 100K car and it cost you 50% of that to own it for three years, whereas the $75K car cost you 58% of its price to own for three years. 

Read my post again.

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7 hours ago, dwightlooi said:

I NEVER buy new, I'll be the guy buying the prestige, luxury, features and/or performance of the $75K

Prestige?

HA HA HA

Not to me...you wont be "prestigious" to me because you bought a used car for 35 000 dollars...

To me...you are a fake... a facade...   smoke and mirrors

Trying to pass a lifestyle that isnt true...   And I could see right through that.

If you choose to try to flaunt your fake high society status on me...

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So if he bought it new & still owned it 3 years later you’d be impressed? Is this a question you commonly ask people you meet?

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Posted (edited)
1 hour ago, oldshurst442 said:

Prestige?

HA HA HA

Not to me...you wont be "prestigious" to me because you bought a used car for 35 000 dollars...

To me...you are a fake... a facade...   smoke and mirrors

Trying to pass a lifestyle that isnt true...   And I could see right through that.

If you choose to try to flaunt your fake high society status on me...

BS....CPOs are a great deal....like my Jeep, I got a vehicle that new is over $40k for under $30k 3 years old w/ 25 miles in like new condition.  I'd rather buy a 3yr old SUV w/ V6 than a new FWD 4cyl transverse engine shitbox at the same price. 

Edited by Robert Hall
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I bought my ‘94 F-150 new, but it was low on bells & whistles (300 CI, auto, A/C, 2WD, rubber floor mat; $15K), but I may never buy new again. Wife got a ‘16 last year, she’s completely happy w it.

As prices continue to tick upward, buying new increasingly looks -not prestigious- but financially foolish.

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29 minutes ago, balthazar said:

I bought my ‘94 F-150 new, but it was low on bells & whistles (300 CI, auto, A/C, 2WD, rubber floor mat; $15K), but I may never buy new again. Wife got a ‘16 last year, she’s completely happy w it.

As prices continue to tick upward, buying new increasingly looks -not prestigious- but financially foolish.

I don't see myself buying new ever again....I plan to keep my CPO until 10 years or 100k then get another.   

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Posted (edited)
3 hours ago, oldshurst442 said:

Prestige?

HA HA HA

Not to me...you wont be "prestigious" to me because you bought a used car for 35 000 dollars...

To me...you are a fake... a facade...   smoke and mirrors

Trying to pass a lifestyle that isnt true...   And I could see right through that.

If you choose to try to flaunt your fake high society status on me...

What isn't prestigious, true or real about a luxury car after 3 years? Paying more than twice for those things, however, is real... REALLY DUMB! Who is going sniff for "new car smell" when you drive by? OK, maybe Creepy Joe would, but that's about it.

Edited by dwightlooi
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16 minutes ago, dwightlooi said:

What isn't prestigious, true or real about a luxury car after 3 years? Paying more than twice for those things, however, is real... REALLY DUMB! Who is going sniff for "new car smell" when you drive by? OK, maybe Creepy Joe would, but that's about it.

who farted the rock GIF

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14 minutes ago, dfelt said:

who farted the rock GIF

This guy looks DUMB AS A ROCK.

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I would not call someone who wants & can afford a new vehicle 'dumb' - it's his money and his choice.
If a brand new vehicle and a 3-yr old vehicle cost exactly the same, most people would take the brand new one, so the appeal is understandable.
However, don't expect me to be impressed that this someone spent x-dollars. I

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So are they still building this or not? the update looks good, it seemed a bit too femm in the first version

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