[ctbarker32]

http://autoomobile.com/news/cadillac-cts-fastest-depreciating-car-right-now/10017638/

"While the Cadillac CTS and the Smart ForTwo is the highest with 36.9% each."

I don't post this to gloat or with pleasure. It just reinforces what a "cluster f$%#" the Gen 3 CTS rollout has been.

I own a 2008 CTS loaded which I have been very happy with. I only have 23k miles so I could drive it for many years to come. I suspect boredom will eventually motivate me to buy a new car and I doubt it will be a Cadillac. At this point the most exciting car I have considered is the new Porshe Macan. This car is so popular that you can actually buy one new and turn around and sell it for a profit! Should Cadillac be so lucky!

I seriously considered a CTS-VSport but walked away for reasons I have already posted (price, feature flexibility, body design, etc).

My advice to Cadillac would be to scrap the Gen 3 fiasco, cut you losses, and fast track the 4th gen lineup by addressing the obvious failures of Gen 3.

 

[Theroider]

No one pays MSRP. I got about $10k off my Vsport. Going by these numbers in the article my depreciation is around 27%, not the 37% they purport.

 

[ATS2.0]

I got 17,800 Off the sticker of my cts......I actually have some equity in my car.

 

[Richard427]

I have always bought a car because I like it. Everyone knows it deprecates as soon as you drive it off the lot. The only car you buy as an investment is old classics, And
then you hope by the time you want to sell it the public didn't move on to the next big thing. The people that paid full MSRP will be pissed, But who in this day and age does that?

 

[greyghost04]

Since I lease, I don't care how much my CTS depreciates. It is my 4th CTS and I can truthfully say, it is the best car I have ever owned. It has every electronic aid I could ask for. CUE is a electronic wonder. Does everything I want it to and is fast, easy to use(read the manual), and the music sounds great. The AWD got me thru a terrible winter that I never got stuck in the snow (we had plenty). I have yet to see an interior as beautiful as Cadillac uses in all its cars. Now, I leased this car in December of 2013. I have yet to take it in for a warrantee repair. That's right, not one thing has broken in almost 1 1/2 years. The car has been perfect! Jaguars (my friends have a few) still remain one of the most problem plagued cars on the market. I only know this from my friends experiences.
Cadillac, great job on the CTS!
Everyone on this board, I know you know better than to listen to a Jaguar salesman.

 

[JackB]

I received over 16K off my 2014 and would not have purchased otherwise. In my opinion the high depreciation is partly the fault of a failed marketing strategy by GM to price the CTS at a premium price over its true value to appeal to the cache of the high income car buyer. The price gets adjusted in the "real" market on resale.

 

[mbarrad]

I got over $20k off of mine. I really like the new CTS styling. Came from a 2.0T ATS and couldn't be happier

 

[ctspaul]

Article is based on MSRP. Who pays MSRP for a CTS? I got mine 17K off, so I'm happy too. If depreciation is your concern, then just lease it and be done.

 

[lardog2]

How did you lucky guys get so much off MSRP - through the deals they had at the end of last year? Factory was offering what, $8k off, and dealer can go another $3k? Where does the rest come from?

 

[ATS2.0]

I bought my car the end of december of 2014. They had huge incentives combined with my GM card got me a killer deal.

 

[ctspaul]

My deal was 8K cash incentive + 4K GM loyalty + 3K dealer discount + 2K GM card dollars

 

[mbarrad]

I was just lucky to find a 2014 left, and the dealership needed the 2014s to be gone. Final price was $33,997. That was 2 days ago. Almost missed out due to someone quicker than me. When the backed out, I swooped it up. It's a silver 3.6 luxury with black leather on 19" factory wheels.

 

[qbrozen]

It just reinforces what a "cluster f$%#" the Gen 3 CTS rollout has been.

My advice to Cadillac would be to scrap the Gen 3 fiasco, cut you losses, and fast track the 4th gen lineup by addressing the obvious failures of Gen 3.

I'm apparently not "in the know." Anybody care to elaborate on this for my benefit??

BTW, mine was $12,390 off without the benefit of owner loyalty or points or whatever. The dealer has (had) more than $3k wiggle room on their end.

 

[greyghost04]

Love to know what the "obvious failures of Gen 3" are?

 

[lardog2]

mbarrad, did you get any GM loyalty, GM card or any other special discounts?

 

[jbonacci]

http://autoomobile.com/news/cadillac-cts-fastest-depreciating-car-right-now/10017638/

"While the Cadillac CTS and the Smart ForTwo is the highest with 36.9% each."

I don't post this to gloat or with pleasure. It just reinforces what a "cluster f$%#" the Gen 3 CTS rollout has been.

I own a 2008 CTS loaded which I have been very happy with. I only have 23k miles so I could drive it for many years to come. I suspect boredom will eventually motivate me to buy a new car and I doubt it will be a Cadillac. At this point the most exciting car I have considered is the new Porshe Macan. This car is so popular that you can actually buy one new and turn around and sell it for a profit! Should Cadillac be so lucky!

I seriously considered a CTS-VSport but walked away for reasons I have already posted (price, feature flexibility, body design, etc).

My advice to Cadillac would be to scrap the Gen 3 fiasco, cut you losses, and fast track the 4th gen lineup by addressing the obvious failures of Gen 3.

Another pointless post by someone with a Gen 2........

 

[mbarrad]

mbarrad, did you get any GM loyalty, GM card or any other special discounts?

I did get the loyalty discount. My dealership has up to $24k off on 2014 CTS models: http://www.roncartercadillac.com/Ve...&offer=35501910&offer=30007330&offer=30007400

 

[ctbarker32]

Yeah, so I don't the differences between the two platforms?

First, I have a fully loaded 2008 CTS that I got in December 2007. I was and continue to be excited by this car. I wanted an American made performance sedan. I got the Performance 2 suspension package, etc. Handles and accelerates great. Paid $42k cash - a good deal. I recently installed a new air intake for giggles and perceive a nice little kick to the acceleration.

The problem I have with Gen 3 is it doesn't really offer a lot of an upgrade over what I currently have. The standard V6 engine is essentially the same. I don't see any substantial handling improvements in the standard config. Frankly, CUE is a placeholder to the widespread adoption of Apple Car Play and Anroid Auto. Car makers will never be able to keep up with Silicon Valley and should embrace instead of coming up with their left field designs. I don't perceive any interior breakthroughs. Maybe the materials are nicer, maybe they aren't. I couldn't detect any difference. So, to sum up I would have to pay $52k or more today to buy the exact car I already have? On top of that, I actually really like the Gen 2 body design. I don't like the new body design direction of Gen 3. It seems plainer and more straight lines than Gen 2. I like curves. Gen 2 has curves. I really like the looks of Italian designs like the Maserati sedans.

Now the Vsport was a bit more of a difference with a brand new engine with 400 hp plus. I test drove one. But, there were almost no choices. $60K or $70k - that's all. And the real deal breaker for me, no sunroof on the $60k model. If I am going to spend $60k for a car (which is still a hell of lot of money for a car) I should be able to specify a sunroof!

I can essentially buy whatever car I want. But, I only drive about 3k miles a year so I always have to temper my desires by the fact it sits in my garage about 85% of the time. I seriously looked at the Tesla S sedan. Anyone who thinks CUE is advanced should sit in a Tesla for awhile. The Tesla is a rocket ship by comparison.

I have been re-thinking what I want out of car and my current favorite car that I am seriously considering buying is the Porsche Macan. While it's base price is $50k you can get one (if they can ever keep up with the demand) in the low $60k. I can guarantee you the Macan will be much more special and unique car than the Gen 3 Caddy. I never had any interest in SUVs or CUV which is what the Macan is but Porsche really hit it out of the park with the downsized Cayenne in the Macan. I am also interested in the new Jaguar XE coming to the US in 2016.

You can argue with me over styling opinions, etc. but you cannot say in any way that the roll-out of the Gen 3 CTS has been anything but a disaster. You don't have to believe a word I say. The market has spoken. Gen 3 is not selling in any quantity that moves the needle.

Those of you quoting upwards of $20k rebates prove this point. What hot exciting cars today regularly trade at discounts of $20k? That's insane.

The Gen 3 is not a horrible car. It's just not the right design for this moment in time. Hence my advice to speed up the delivery of Gen 4.

 

[mbarrad]

ctbarker32, you sound like you really enjoy your car which is why any of us are here. To network with other car enthusiasts. I really enjoy my CTS and appreciate any opinions and input; be them good or bad. My CTS does feel like a $50k should. No one should feel like they got ripped off if they only got $5k off. All cars depreciate once they leave the lot. I'm sure those who are worried about depreciation values are usually leasing vehicles. I've owned Mercedes, Infinity and BMWs in the past and the new CTS is a real competitor. Only thing I hate are no buttons for the CUE infotainment system. I really love the new styling but the rear end should expand lower. I am probably going to lower her in the future.

 

[ctbarker32]

ctbarker32, you sound like you really enjoy your car which is why any of us are here. To network with other car enthusiasts. I really enjoy my CTS and appreciate any opinions and input; be them good or bad. My CTS does feel like a $50k should. No one should feel like they got ripped off if they only got $5k off. All cars depreciate once they leave the lot. I'm sure those who are worried about depreciation values are usually leasing vehicles. I've owned Mercedes, Infinity and BMWs in the past and the new CTS is a real competitor. Only thing I hate are no buttons for the CUE infotainment system. I really love the new styling but the rear end should expand lower. I am probably going to lower her in the future.

Absolutely, I really like my Gen 2. For me, not everyone, i concluded going from Gen 2 to Gen 3 was more of a lateral move than a true upgrade and not worth the new price. If I was new to the brand and could get $20k plus off the price and I liked the outer styling then I would go for it. Gen 3 just didn't click for me like Gen 2 did and I was never motivated to even discuss pricing with my dealer. Curiously, after my test drive I never heard a word from my dealer? Usually a test drive generates lots of phone calls urging you to come in and talk. Not a peep? Unfortunately for Cadillac, lots of people must have felt more like me?