This is a redesigned car and yes it's under warranty but who knows what might be wrong with it (i.e., design defects). These Caddys lose a lot of value over the first 36 months. I never buy a new car. Usually lease returns. My 2004 CTS had a sticker price of 45K - it has it all. I just puchased it for 22k w/28K miles and it looks like new with a perfect interior and no, dents, dings or sratches whatsoever on the exterior. Only a little road rash on two wheels. You are just about guaranteed that Cadillac will not be giving any deals on the 08 models for quite some time and may charge over sticker. I also looked at a 2006 CTS-V with 9K miles for 25K!! hen a found out how much more the insurance was. But if you and/or your family are filthy rich, then go for it!!