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Old 07-02-09, 10:12 PM
mjs0202 mjs0202 is offline
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Cadillac(s): CTS
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Re: Joys of Cadillac Value

Quote:
Originally Posted by LashCTS View Post
After many years of owning other brands, in 05 I decided to give Cadillac a chance vs BMW. I bought a 05 CTS Lux/Sport. It now has 38,000 miles and is in like new condition. I recently decided to trade for a STS-V.

The dealer tells me my Cadi is now only worth 13K in trade. $25,800 depreciation since July 05. Wow, in two more years the car won't be worth the price of towing it to the junk yard.

Anyone else as happy about the value of their vehicle as I am?
I am thrilled with mine actually. Bought a three year old 2006, 30k, sports package for $14,500. Some poor sod had $25k of depreciation before I bought it.

Oh well, one man's poison and all that.