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Discussion Starter #1
Hello. I have recently in the past year purchased a 04 cts-v. I took out a loan and have no issues paying in it, insurance, or gas. After high school I plan to leave for a year and join the military. I'm considering selling the car. It has 185,000 on it but is completely spotless yet general maintenance isn't affordable. I absolutely love the car. But I also want an 09 later in life. I'm not sure if I should sell and save my money and get rid of my debt or keep it and eventually fix it up. I know it's the first Cadillac to be offered in a standard transmission since I believe 1942 and has the possibility of becoming rare or classic. But again I'm young and ignorant and could be completely wrong. What should I do?
 

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2016 ATS Premium 6-spd MT
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Re: Need Advice

1) Sell it.

2) Take the money and put it into a mutual fund (Vanguard has some no-load funds that are better than a can in your backyard).

3) Save as much as you can while in the military.

4) Pick up a decent '09 when you get out.



Check your PM box for my bill.
 

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I agree with Randy. The first generation V's will probably never be a collectors car. If you really miss it after your service, then buy another one, but no reason to let it sit unused, and eating $$ while you are out of town.
 

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Discussion Starter #4
Thanks guys. I appreciate your help. I think I will sell it. Now it's just a matter of time.
 

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07 CTS-V
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I agree with selling it.....unless you have an inside place to store it that is free of mice, rodents, etc. The first year of your military life will be non-stop and you be from one side of the country to the other most times while attending schools, etc. You will have NO time nor leave to attend to the needs of your car. Hard to sell a car you love but......
 

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05 Stealth Gray V
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The V1 will never be a V2 which might be a good thing. However, I wouldn't let it sit around eating money....
 

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05 maggied CTS-V, 2017 NSX Whoo Hoo!
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There hasn't been a Cadillac that has become a collectors item in decades.
(no flaming please)
Sell it, stay out of debt and shop for a deal when you get out.
I will probably be buried in my V, but that is because it will be cheaper then a coffin. lol
 

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07 CTS-V
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You get your credit established with a department store credit card. Not a very risky car loan on an old, possibly fickle car...
I needed a car more than a department store credit card.....no car=no way to get to said department store to use credit card.
 

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Discussion Starter #13
Yes a loan with that high of mileage. It's a chevy 350. There's a reason those motors are so popular. If they are well maintained they'll last well over 200,000 miles. And I don't put a lot of miles on it anyway. The car was garage kept and like new. Very well maintained. The decision was not without much thought.
 

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Yes a loan with that high of mileage. It's a chevy 350. There's a reason those motors are so popular. If they are well maintained they'll last well over 200,000 miles. And I don't put a lot of miles on it anyway. The car was garage kept and like new. Very well maintained. The decision was not without much thought.
Wrong engine.

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I needed a car more than a department store credit card.....no car=no way to get to said department store to use credit card.
Get a Corolla for cheap.
 

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300 SRT8, 392 cubic inches of tire smoking power!
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rjoffe said:
Like this one: <img src="http://www.cadillacforums.com/forums/attachment.php?attachmentid=283177"/>
Look, a Caddy with a manual transmission.

Holy cow, 185,000 miles? Run from it!
 

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300 SRT8, 392 cubic inches of tire smoking power!
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thebigjimsho said:
Get a Corolla for cheap.
Life is too short to drive a shitty car.
 

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There are very few things like a man and his car.... Its a phenomenon most don't understand (especially my wife....) Its also a thing you don't ever grow out of. I'm 42 years young and I still drool over cars and tinker with my V like I did when I was 18. :drool: BUT....There will always be cars to drool over and get your blood pumping, that's why its a good idea to sell save then buy again. That is the gear head circle of life...lol :yup:
 

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300 SRT8, 392 cubic inches of tire smoking power!
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thebigjimsho said:
So I didn't. And I got myself in debt. Proceeded to ruin my mid 20s.
You still don't drive a shitty car, but there are plenty of cars that don't suck and don't have a gazillion miles on them. Well chosen they don't cost an arm and a leg to buy own or operate. That worn out V will eat him out of house and home.

At least tell the young fellow to get a speed 3 or something of the like.

Corolla? Yikes!
 

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You still don't drive a shitty car, but there are plenty of cars that don't suck and don't have a gazillion miles on them. Well chosen they don't cost an arm and a leg to buy own or operate. That worn out V will eat him out of house and home.

At least tell the young fellow to get a speed 3 or something of the like.

Corolla? Yikes!
I'm stuck driving a Town Car...
 
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