: Just Bought STS-V



csf
12-10-09, 01:59 PM
Hi - I just traded a 6 speed, 05 Pontiac GTO with 38,000 miles for a GM certified, nearly perfect Platinum 07 STS-V with 19,000 miles.

I really loved driving the GTO, never had any problems with it, and was not looking to make a change. But I had never seen an STS-V in person until our local Lexus dealer took this one in on an out-of-state trade. When I saw it on their lot I fell in love with the car. CarFax and maintenance were fine. When I found out the insane depreciation on these cars meant I could get the STS-V for almost 60% off of the 07 MSRP I traded the GTO and bought the STS-V the next day.

I've never had a Cadillac, but have owned several GM vehicles and have always been very satisfied. This Cadillac is by far the most luxurious and powerful ( and expensive) car I've ever had. My insurance is going up and my mileage is going down . . . . but I feel very fortunate to have found it.

Craig

RightTurn
12-10-09, 02:06 PM
:woohoo: Congrats! She sounds like a beauty.

Stingroo
12-10-09, 02:42 PM
:postpics:

Welcome to the forums. I'm pretty much the patron saint of Cadillac photographs.

dirt_cheap_fleetwood
12-10-09, 04:17 PM
Welcome to the forums. Post some pictures when you can.

csf
12-10-09, 06:06 PM
:postpics:

Welcome to the forums. I'm pretty much the patron saint of Cadillac photographs.

Sorry, new to the forum. - Heres some pics - looks just like all the other silver STS-V's - but thats good to me!

http://i163.photobucket.com/albums/t309/drcsf/H.jpg

http://i163.photobucket.com/albums/t309/drcsf/F.jpg

http://i163.photobucket.com/albums/t309/drcsf/G.jpg

http://i163.photobucket.com/albums/t309/drcsf/E.jpg

http://i163.photobucket.com/albums/t309/drcsf/C.jpg

Stingroo
12-10-09, 07:28 PM
Man, the STS-V is honestly in my top 25 favorite car list for sure (honestly, I can't have a 5 or 10 list, ask anyone.. lol). I just hate all that engine covering nonsense. Boooo on that trend!

I~LUV~Caddys8792
12-10-09, 08:37 PM
I just hate all that engine covering nonsense. Boooo on that trend!

It's almost as bad as having to make beautiful women wear shirts! :rimshot:

Kick94sts
12-10-09, 09:22 PM
Great looking car, and wow do they throw a lot of plastic under those hoods these days.

Stingroo
12-10-09, 09:28 PM
It's almost as bad as having to make beautiful women wear shirts! :rimshot:

It really is. That's why I embrace my girlfriend using that freedom within the home. :p

Rolex
12-10-09, 09:34 PM
That's a big beautiful car indeed. Welcome to the forums. :D

gdwriter
12-11-09, 01:33 AM
:welcome: That is a sweet STS-V. Enjoy it!

V-Eight
12-11-09, 02:13 AM
Nice ride, welcome.

jedhead
12-11-09, 03:00 AM
Mine has the same exterior/interior color. I took all my covers off under the hood.

Bob

CIWS
12-11-09, 12:27 PM
I just hate all that engine covering nonsense. Boooo on that trend!

Here they are with the engine covers off. :)



http://www.ciws.net/stsv/stsvengine.jpg

Kick94sts
12-11-09, 12:32 PM
Muuuuuuuuuch better!

Stingroo
12-11-09, 12:56 PM
See? Why couldn't they just brand a V logo onto that sexy supercharger? Shame on their plasticness!

V-Eight
12-11-09, 01:25 PM
^That's why they had to hide it with a cover lol

csf
12-11-09, 01:38 PM
THANKS for all the nice comments. I really like this car. Whats just crazy is the numbers on this deal.

The car is just off lease and a 2007, 19,929miles, with factory and GM Certified Warranty. It truly looks brand new. MSRP was apparently $77k - crazy! I paid $32K - $45 thousand dollars less than MSRP! Even crazier!

I traded my just paid off 05 GTO for $16K (paid $27.5k new). So I got into this STS-V for around $17,000 out the door, which I financed over 60 months. I went from over a $500 payment on my GTO to only $300 on this beautiful and rare eighty thousand dollar Cadillac.

My point is not to say what a great deal I got but just on how ridiculous American car depreciation is right now. A similar lightly used BMW, Mercedes or Lexus (which I don't want) would still probably be 40 or 50 grand - out of my price range for. This Cadillac is every bit as luxurious and well equipped, just as powerful, and may even run as well or better than the Mercedes or BMW. The love with foreign cars and the disrepect for American cars is just out of control in this country. I guess that worked for me this time - but obviously its not been too good for our economy or our country.

Craig

CIWS
12-11-09, 02:09 PM
My point is not to say what a great deal I got but just on how ridiculous American car depreciation is right now. A similar lightly used BMW, Mercedes or Lexus (which I don't want) would still probably be 40 or 50 grand - out of my price range for.
Craig

This is an incorrect assumption about types and brand, and the following is one of the best examples of that. Here's 2006 MB CL65 with 23K miles on it. Only a few hundred were made, quite rare, more than the STS-V. 604HP and 738 TQ V12 engine. This car sold for 180,000+ dollars. Take a look at the depreciation hit.

http://www.motortrend.com/used_cars/14/2006/mercedes_benz/cl_class/cl65_amg/connecticut/old_saybrook/227252391/113/index.html

jedhead
12-11-09, 02:33 PM
When I was car shopping this summer, I was looking at 2005/6 E55 AMG. They were running for $36-40K with low miles. They cost $20K more than the STS-V new. I noticed that MB AMG's took as much a hit on depreciation as the STS-V were. BMW M seem to hold their value a little better. STS-V seem to be more rare out here in California. When I was shopping there were only 4 for sale within a 500 miles of Orange County. I bought mine in Carlsbad 75 miles away. I paid $29K, $34K out the door with 24K miles and certified warranty for my 2006 this past August. I still have not seen another STS-V on the road. I did get fooled by STS with a mesh grill.

Bob

thebigjimsho
12-12-09, 04:09 AM
Congrats on the STS-V!!

csf
12-12-09, 11:44 AM
When I was car shopping this summer, I was looking at 2005/6 E55 AMG. They were running for $36-40K with low miles. They cost $20K more than the STS-V new. I noticed that MB AMG's took as much a hit on depreciation as the STS-V were. BMW M seem to hold their value a little better. STS-V seem to be more rare out here in California. When I was shopping there were only 4 for sale within a 500 miles of Orange County. I bought mine in Carlsbad 75 miles away. I paid $29K, $34K out the door with 24K miles and certified warranty for my 2006 this past August. I still have not seen another STS-V on the road. I did get fooled by STS with a mesh grill.

Bob

I do agree they all deperciate like a rock, but at the same time, the car I just bought is only a 2007 - not an 05 or 06, and I bought it for almost 60% off MSRP. I don't think thats quite where the Mercedes or BMW's are - yet.

I bought my STS-V at a Lexus dealer, where I watched them sell a couple of 06 -07 ES's and IS's with 30 - 36k miles on them for about the same price I paid for my STS-V, which not one person looked at besides me. So, at least in Maryland, a 3 year old dressed up Camry with 36,000 miles on it, which people are buying every day, costs the same as a 2 year old STS-V with 19,000 miles, which almost no one wants.

CIWS
12-12-09, 05:57 PM
I do agree they all deperciate like a rock, but at the same time, the car I just bought is only a 2007 - not an 05 or 06, and I bought it for almost 60% off MSRP. I don't think thats quite where the Mercedes or BMW's are - yet.

They didn't make it in 07 (redesign year) or I would have shown you where it was at. But if you think a 70% depreciation in 3 year models isn't telling for a very rare high end car that less than 300 were made, well so be it.

Depreciation factors are many and depend upon market demand, maintenance and upkeep costs. Not simply who makes it.