[CTS-V-TWIN]

The lease on our 2007 Escalade is ending in about 4 months, so we will be getting a 2009 Escalade. Because of all the new features the 2009 Escalade will have, I would pass on the 2008s, no matter how good the deals are.

Because of high gas prices and the drop in demand for large engined SUVs, I would venture to say that you will take a bath on your 08 EXT when you trade it in. There was just an article that I read last week that said that trade in values are very low for large SUVs and dealers are just sitting on used large SUVs.

My advice would be to keep the EXT for as long as you can. You tend to lose the most during the first year. By the 3rd or 4th year, the depreciation levels off and you may be in the positive or at lease not too much in the negative.

Hope this info helps you. It must be nice to be 18 and have a bad ass EXT like that. I was happy when I was 17 in 1994 when I got a 1995 Impala SS and that car was only $24K back then! I wouldn't know what to do with myself if I had an EXT when I was your age! You are one lucky kid. Be thankful you have a father that you do!

SG