[BaseBoy]

The vast majority of V2 buyers are not purchasing V2s as a collector's item, but as a daily driver. Normally, one would expect problems with a new high performance car in the first model year. With the V2, there is a new powertrain and new electronics. Remember that many V1 rear differentials failed in the first year. Remember that oil pumps in the new E60 M5 failed. And there have been significant powertrain problems with new 911s. Thus, V2 owners very much need GM employees to be at work. They very much need suppliers to continue to supply parts.

There is one factor weighing in favor of the V2: It supposedly was built to handle the 500+ HP. Thus, if a driver does not spank a V2 repeatedly, the V2 should be expected to hold up well as a daily driver.

It is quite possible that V2 owners will have unusable bricks if a part fails for which there is no stock replacement. GM easily could shut down entirely for 3-9 months during a reorganization. Sure dealers would still repair cars -- for cash money -- as GM may not reimburse dealers for warranty repair during some period of a reorganization. (MPC went bankrupt recently, rendering my computer warranty worthless for the foreseeable future. No parts. No service. Only 1 person answering the phone.)

Consider too an unfortunate collision. Is there an existing supply of body parts to repair V2s? Does your insurance cover a rental for months on end? Does your insurance policy total a car for which there are no replacement parts?

What about recalls, such as the recent CTS airbag recall? What if GM is not around to recall V2s? or not around for 3-9 months during a reorganization?

Then there is resale value. Clearly the V2 is a phenomenal deal at $60k -- if it has a full powertrain warranty and a company standing behind the car during the warranty period. Without the company standing behind the V2, it is probably worth significantly less -- at least for those looking for daily driver instead of a collector's item. Compare with the new M3. Fully equipped at $70K, the M3 is more expensive than the V2. But one can be absolutely certain that the M3 will be repaired under warranty and will retain much of its value. Search cars.com for used M3s (or used M5s). If -- and that is a big "if" -- Cadillac planned on winning over potential M3, M5, etc. buyers, it should have a much more difficult time doing so when the fate of the company is in question. Why take a chance on having a brick? Why take a chance on a potential orphan?

Buy American. Yes, I never would have considered buying an import -- or even a Ford -- so long as GM was viable (and sending pension checks to family members). (Past CTS owner; current SRX owner.) But it is really asking a lot for us Buy American folks to take a chance on a new, expensive GM performance car given the current uncertainty. There is loyalty and then there is foolishness.