View Full Version : With gas prices increaing every day maybe I should forget about buying a CTS KenD245 05-20-08, 01:08 PM I am beginning to worder if I should cancel my order for my 2009 Cadillac CTS. At the rate of increase in gas prices I would not be surprised is gas goes to $10.00 per gallion in a year or two.
With gas prices at $10.00 per gallon the future trade in of the CTS will be worth close to nothing. Maeztro 05-20-08, 01:40 PM Gas is very pricey, but we are a long way from 10 bucks a gallon. Besides, I know there are more economical cars, but I wouldn't call my 08 cts a gas guzzler. lepidium93514 05-20-08, 01:49 PM X2
I'm getting 27.6mpg, it is 99.9% highway but at 75mph. I don't find that at all bad considering the car is somewhat heavy and a luxury vehicle. Much nicer way to spend 2 hours a day than say in a prius.
It's also nice you can use 87 instead of premium. KenD245,
Get a Shell MasterCard. Mine rebates 5% of every Shell gasoline purchase. At your projected price of $10 per gallon, that's a $0.50 discount. Heck, anybody can surely afford $9.50/gal. !!!
:lildevil: dkozloski 05-20-08, 02:30 PM Of the cars in its class the CTS gets gas milage equal to any. If you want better you'll have to settle for an econobox. cts2008lover 05-20-08, 03:01 PM It all depends on how many miles you drive everyday. However, CTS is not that bad at all. Mike_TX 05-20-08, 03:16 PM There's always a bicycle. And it doesn't even leave a big carbon footprint.
Seriously, gas prices are artificially high right now because oil is at an all-time high. But it's a "bubble", and it will pop at some point and prices will go down some. Oil really isn't much higher than it was a year or two ago - we're just having to buy it with Dollars that are worth only about half as much, so it equates to twice the price.
The Dollar will recover in time and prices will come down as its value increases. And the CTS is as good a car value as anything else short of a Prius :bigroll:.
.
. urbanski 05-20-08, 03:22 PM prius++ dkozloski 05-20-08, 03:30 PM If you think it's expensive to repair an out of warranty Cadillac with a blown head gasket, try repairing an out of warranty Prius with blown electronics. A while back they were taking any offers for one on Ebay. :gossip:
Rumor from a very reliable source is that the "next" new generation CTS will be a 4 cylinder. :crying: Granted that supposedly it is up to a 400 HP 4 banger for the prototype :thumbsup: but they will probably de-tune the heck out of it for gas mileage. This is supposedly being "looked at" for the CTS, not the CTS-V.
If you want it all, you better get it soon ... or will it be "better" in the next gen?
:killer: redvett94 05-20-08, 05:44 PM By 2015 or shortly thereafter you can expect to see all passenger cars with 4 cylinder engines and even less including hybrids. carterb 05-20-08, 07:33 PM I suppose one could always get a Chrysler with its $2.99/gal package deal ..... urbanski 05-20-08, 07:43 PM or dont spend $50K on a car but more like 5K on a late model small efficient car. 45K buys alot of gas. Just look at gas as a normal expense... Like toilet paper. If toilet paper goes up to $5 a roll, are you gonna start using newspaper? WhtDmnd04CTS 05-21-08, 12:33 AM Just look at gas as a normal expense... Like toilet paper. If toilet paper goes up to $5 a roll, are you gonna start using newspaper?
ouch.. that's all i have to say about that haha NJRonbo 05-21-08, 05:59 AM I'm a new CTS owner.
This vehicle gets slightly more mileage than my Acura did.
I find myself at the pump sooner than I would want to. On
the upside, I am paying less.
You see, the beauty of the CTS is that it is tuned for regular
gas. You are not going to find too many performance luxury
vehicles out there that do what the CTS does on regular.
For that reason, it's a no brainer to get this car. KenD245,
Get a Shell MasterCard. Mine rebates 5% of every Shell gasoline purchase. At your projected price of $10 per gallon, that's a $0.50 discount. Heck, anybody can surely afford $9.50/gal. !!!
:lildevil:
That made me laugh - thanks! memoryleak 05-21-08, 01:10 PM or dont spend $50K on a car but more like 5K on a late model small efficient car. 45K buys alot of gas.
X2, I just put $600 in repairs for a 1994 Toyota Corolla (30 mpg baby!:bouncy:) that I bought 2 years ago for $2k (now was that a stroke of genius?). Still waiting to hear back from dealer on my counter offer (I hear crickets) and still driving my '05 Infiniti G35 coupe (22 mpg on 93 octane :nono:) . proexpert 05-21-08, 06:57 PM If you can afford the CTS, then you can afford the gas. Okay maybe not but it sounded good. omegafiler 05-21-08, 07:43 PM If you can afford the CTS, then you can afford the gas. Okay maybe not but it sounded good.
Makes sense! At least I'd hope that you take current and future fuel cost and MPG into consideration when buying a new vehicle. :cool: If your CTS get 20mpg and you compair it to a 30 mpg car. Here is the math.
@ 12,000 miles per year.
You use 600 Gallons of gas in your CTS
You use 400 Gallons of gas in your 30mpg car
200 gallons difference in price @ 4 dollars per gallon= 800 dollars. Divided by 12 months = 67 dollars per month.
My suggestion if you're worried about the 67 dollars per month.... drop your cable/sat TV package down.
If gas goes to 10 dollars a gallon over a short 3 to 5 year period, you'll not need your car to drive because you'll be starved to death from the high food prices... lordbaby 05-21-08, 11:28 PM please dont. im already spending 500 per month for food and cheap meals NJRonbo 05-22-08, 09:43 AM I'm hearing reports that gas could go as high as $6 a gallon. Not sure
if we will reach that price this year or not. Maeztro 05-22-08, 10:15 AM I'm no economist, but the current price of gas is based on two things. One is speculation, and two is a weak dollar. A quick history lesson shows that speculation in other markets (real estate) eventually led to a downturn...and I imagine you can't keep the dollar down forever. yourgmsolutions 05-22-08, 02:51 PM If toilet paper goes up to $5 a roll, are you gonna start using newspaper?
in late 80s, that's what happened in russia. You had to spend hours and hours in line, just to buy that damn paper. many people had to use newspaper instead. Zymurgy 05-22-08, 04:21 PM http://www.gm-volt.com/wp-content/uploads/2008/01/wag_volt2.jpg
You can wait for the Volt. According to an interview GM CEO Rick Wagoner gave to the German Publication Frankfurter Allgemeine Zeitung "GM has a clear goal: We want to put the Volt on the market in 2010, at a price of less than $30,000.” This morning on CNBC it was announced that Piaggio, the maker of the classic Vespa motor scooters,
will begin next year selling in the USA a high-performance twin-engine hybrid scooter delivering 165 miles per gallon !!! Personally I don't buy into all this doom and gloom stuff. It was the same back in the 70s with the first round of fuel shocks. Everyone said the V8 was dead and we'd all be driving wheezy little econoboxes for the rest of time. That we'd never have performance cars ever again. And of course they were all wrong. People naturally have a hard time imagining a future too much different from the present, and our current situation is no different. People think because oil prices are increasing rapidly now, that they will continue to do so forever and will never come down again. That might hold true for the short term, but it definitely will not forever.
As noted above, oil prices are on the uphill part of a bubble, just like the dot-coms were 10 years ago, and the housing market was 5 years ago. Oil (and other commodities) have become the latest get-rich place for speculators to park their money. And make no mistake, the run up in oil prices is pretty much all due to speculation. The dropping dollar had a little bit to do with it, but not nearly as much as everyone makes it out to be. The dollar has dropped only ~20% or so in the last year depending on which currency you compare it to, while oil prices are getting close to doubling. That's not a currency issue. Meanwhile real worldwide demand for oil is barely increasing because of reduced demand in the single largest oil consumer, the US. Oil prices will undoubtedly get back to the $75 range or lower in the next 5 years (and of course we all thought that was an outrageous price just a couple of years ago). KenD245 05-23-08, 05:54 AM I hope that the prior posting is correct; I seem to think that he is correct and we are in a speculative bubble.
That means for us, who are willing to take a chance, that purchsing a new CTS at this time may be a good buying opportunity. Dealers are beginning to see a drop off in sales and are more willing to cut a good deal.
In addition the mileage rating on new CTS's compare favorabily with top selling cars such as the new 2008 Honda Accord. Being a car in its early design life cycle the resale value of a 2008 Cadillac CTS should remain high as well. lordbaby 05-23-08, 09:26 AM well, at least we are sitting here and concerning about the price while supply last, but the future generations will have to concern about the supply when all the resources ran out. what i did is move near to where i work/school Zymurgy 05-23-08, 10:37 AM well, at least we are sitting here and concerning about the price while supply last, but the future generations will have to concern about the supply when all the resources ran out. what i did is move near to where i work/school
Don't count out petroleum/gasoline any time soon. There are still very large oil reserves that have not been tapped (Arctic Wildlife Refuge, for example). Plus there are new extraction technologies being developed to get oil from places that were not possible/practical before.
On top of that, there are a number of researchers working on the manufacture of gasoline using microbes. In the future, gasoline may still be widely used, but not require oil to produce it! caddyshack33 06-24-08, 03:38 PM The CTS is decent on gas compared to other cars in its class. But if you want more flexibility with gas mileage, get a manual transmission. When I want to conserve gas, I do a lot of coasting, get into a high gear quick, and downshift instead of using the brakes. I don't waste the gas that automatics tend to do. On some trips, I get 33mpg out of my CTS, especially on one road near my house (NOT a highway) where I've learned the light changes and know the terrain well enough to ease off the gas and still maintain speed.
And when I want to punch it, I downshift and leave others in the dust.
Best of all worlds, in my opinion. The_Judge 06-24-08, 04:14 PM Let's do the math:
Assume you drive 10,000 miles per year.
Assume your CTS averages 20 MPG overall.
That means you would use 500 gallons of gas.
Assume you decide to buy a Prius instead.
Assume you drive the same 10,000 miles per year.
Assume you average 30 MPG overall.
That means you would use 333.33 gallons of gas.
500 - 333.33 = 166.67 extra gallons for the CTS vs. the Focus.
166.67 X $4.50 per gallon = $750 per year savings, or $62.50 per month.
Crank up the price to your hypothetical (and hopefully unrealistic) $10 per gallon, and the figure goes up to $139 per month difference.
Of course, there are other cost savings, such as insurance, but if you can afford a CTS, then the additional cost of the gas is relatively minor, especially if you can write off all or part of your vehicle costs. Driving a CTS vs. a Focus: Priceless!
Anyway, that's my story, and I'm sticking to it. For now. lewisforjesus 06-24-08, 06:27 PM Let's do the math:
Assume you drive 10,000 miles per year.
Assume your CTS averages 20 MPG overall.
That means you would use 500 gallons of gas.
Assume you decide to buy a Prius instead.
Assume you drive the same 10,000 miles per year.
Assume you average 30 MPG overall.
That means you would use 333.33 gallons of gas.
500 - 333.33 = 166.67 extra gallons for the CTS vs. the Focus.
166.67 X $4.50 per gallon = $750 per year savings, or $62.50 per month.
Crank up the price to your hypothetical (and hopefully unrealistic) $10 per gallon, and the figure goes up to $139 per month difference.
Of course, there are other cost savings, such as insurance, but if you can afford a CTS, then the additional cost of the gas is relatively minor, especially if you can write off all or part of your vehicle costs. Driving a CTS vs. a Focus: Priceless!
Anyway, that's my story, and I'm sticking to it. For now.
That was a good post. greyghost04 06-24-08, 06:42 PM You want to talk about resale value, what's the Prius going to sell for in 5 years? Depends, how much life is left in the battery? They say 10 years, but they don't know cause we haven't reached that point with one yet. So as a buyer, would you buy it knowing the battery might be good for 1 year or 5 years. New battery ~$8,000. They say the price of batteries will come down, but why would it. Are chemical prices going up or down today? They are going way up as demand increases. I'd bet the CTS holds it's value alot better than the Prius will. At least with the CTS you know what you are getting. brewhaha9th 06-25-08, 01:59 PM Should I sell my 06 STS4 1SG for a 08 CTS4 3.6DI 1SB? Currently i average 19.7 - 21.0 (75%HWY 25%City) in the STS and i only had it a year. But I love everything on the new CTS. Went from 89 Seville to 99 Seville STS to 06 STS4 and now maybe a CTS since Cadi's going to kill it off anyway I should make the switch now. any thoughts? The_Judge 06-25-08, 02:09 PM Should I sell my 06 STS4 1SG for a 08 CTS4 3.6DI 1SB? Currently i average 19.7 - 21.0 (75%HWY 25%City) in the STS and i only had it a year. But I love everything on the new CTS. Went from 89 Seville to 99 Seville STS to 06 STS4 and now maybe a CTS since Cadi's going to kill it off anyway I should make the switch now. any thoughts?Do it if you want -- I would -- but not for the difference in gas mileage.
FWIW, the window sticker on the 2008 CTS DI states the following:
City: 17 (range 14 - 20)
Highway: 26 (range 21 - 31)
Combined: 20
Savings on gas would be minimal, more than offset by the cost of the exchange. But, of course, for some of us, driving is about a lot more than what it costs to get from point A to point B. The_Judge 06-25-08, 02:17 PM You want to talk about resale value, what's the Prius going to sell for in 5 years? Depends, how much life is left in the battery? They say 10 years, but they don't know cause we haven't reached that point with one yet. So as a buyer, would you buy it knowing the battery might be good for 1 year or 5 years. New battery ~$8,000. They say the price of batteries will come down, but why would it. Are chemical prices going up or down today? They are going way up as demand increases. I'd bet the CTS holds it's value alot better than the Prius will. At least with the CTS you know what you are getting.
Check this out, a battery-powered car from Norway:
http://www.latimes.com/media/alternatethumbnails/story/2008-06/40350750-24134937.jpg
Story here: CLICKY (http://www.latimes.com/classified/automotive/highway1/la-hy-neil25-2008jun25,0,5962782.story)
According to Dan Neil's article, the car will cost about $35,000, half of which is the battery. The manufacturer is planning on selling them in the U.S. for $20,000 to $25,000 PLUS a lease on the battery of $150 to $200 per month. That will supposedly cover the cost of replacing the molten sodium battery.
I think I'll wait for one of these:
http://www.csmonitor.com/2003/1217/csmimg/p4a.jpg greyghost04 06-25-08, 03:34 PM I wonder how do they dispose of 'molten sodium' when the battery wears out? I guess they just pour it down the sink ;>) 2laidback 06-26-08, 07:41 PM Getting back to the original question. Buying the car, you are assured of one thing. The value will slide downward from day one. It's in a way like the stockmarket these days. If you are going to lose sleep over your purchase, don't buy! Having said that, you will be missing out on a nice set of wheels. You can't put a price on fun.:cool2: | |