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2010 DTS
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Discussion Starter · #1 ·
ok i've gotten amazing help/ideas.education on this forum about the SRX which i so appreciate....and also today reading the forum found out that there will be a change for the '16 SRX not only in body 'lines' but other areas. - we don't have to buy now - we have 1 more year on our GM xtended warranty for our DTS, so the $64,000 question is: 'why' rush to buy a '15 ? (Warned you it was a stupid question) Regards to all, Edythe ...confused:
 

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XT4 RED SPORT
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There are many theories that some buyers use when purchasing a new vehicle. One huge one is some will wait for a great deal at the end of a MY (Model Year) or even at the very end of a life cycle, that is before the next major change for an even better deal. Another reason to wait to the last MY or end of the life cycle is that the vehicles have gone through many enhancements and or new improvements during that life cycle of that model. Some also may not like the newest model design or they may not want to buy the very first year of a brand new model change. Everyone has their own varied opinions in what is the best for them.

The next GEN III SRX might not happen as early as this summer's normal MY Change over time period. Point in case is the 2013 SRX with the new CUE came out later in the 2012 year (October). The newest GEN III SRX might not come out until January or perhaps in the Spring time later on next year as a MY 2017. Time will only tell.
 

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I think that's a question only you & your husband can answer, based on what's most important to you.

Much like computers, no matter what/when you buy, there will always be something on the horizon that is at least a teeny bit better.

Confining this just to the SRX, in 2009 it was a new body style (w/ a 3.0L engine). In 2011 it was the same body style w/ an "upgraded" 3.6L engine in the MY12s. In 2012 it was the addition of CUE in MY13. In 2014 it was CUE enhancements for audible SMS/TXT msgs. Now it's the promise of yet aother body style.

If you don't need a car right now, you may look for incentives later this year to clear out the last of the MY14 inventory. I bought my MY13 in Oct of 2013 & Cadillac was offering $6k in incentives to move out the last of their MY13 inventory. Still brand new (had < 150 miles), but much cheaper than if I had bought it a year earlier. You can argue that my trade-in value was reduced when the MY14s came out, but I plan to hang onto it for several years.
 

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2019 AWD XT4 Sport in Horizon Red
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Generally the introduction of a significant redesign creates a more-than-usual-depreciation reduction in the value of the older design. Often by thousands of dollars. So even if the '16 doesn't knock your socks off when you see it, the best time to buy a '15 is likely in the months after the '16 is introduced and GM is trying to clear the old design off the lots. If you're actually that flexible to wait that long. Also, that kind of strategy often may leave you with fewer choices as to option combinations (colors, add-on packages, AWD or not, etc) because when they're done making them and trying to clear the lots. . . it is what it is. This may or may not be important to you.

How much additional risk you take on rushing into a significantly re-designed '16 is somewhat dependent on just how thorough a re-design it is. The 2010 was a very large change. I don't know that we know yet how much of a change the '16 really is.

Personally, I love the styling of the '10-15, and suspect I *won't* like the '16 as well on that front, but that remains to be seen. And of course there may be internals reasons (engine, transmission, etc) that make the '16 more interesting to me. There are rumors of a 9-speed transmission, for instance (replacing the current 6-speed).

Some sources are suggesting it could be a 2017 released in mid-2016 so the wait might be longer than you're thinking:

http://www.leftlanenews.com/cadillac-xt5.html
 

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2014 SRX Premium, Red
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Something else to consider. I purchased my 2012 in 2013 with 15000 miles. It was a "certified" Cadillac used car that came with a 7 year/70000 mile warranty along with the 4 yr/50000 mile (I think) maintenance package. That vehicle cost me about $15000 less at one year old, than it did brand new, a year before, and with a better warranty. Hind site being 20/20, I wish I would have held out for one with the driver awareness package but, live and learn I guess.
 

· Registered
2010 DTS
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80 Posts
Discussion Starter · #8 ·
There are many theories that some buyers use when purchasing a new vehicle. One huge one is some will wait for a great deal at the end of a MY (Model Year) or even at the very end of a life cycle, that is before the next major change for an even better deal. Another reason to wait to the last MY or end of the life cycle is that the vehicles have gone through many enhancements and or new improvements during that life cycle of that model. Some also may not like the newest model design or they may not want to buy the very first year of a brand new model change. Everyone has their own varied opinions in what is the best for them.

The next GEN III SRX might not happen as early as this summer's normal MY Change over time period. Point in case is the 2013 SRX with the new CUE came out later in the 2012 year (October). The newest GEN III SRX might not come out until January or perhaps in the Spring time later on next year as a MY 2017. Time will only tell.
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wow !! lots to consider and all make sense ! thanks so much ! edythe

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I think that's a question only you & your husband can answer, based on what's most important to you.

Much like computers, no matter what/when you buy, there will always be something on the horizon that is at least a teeny bit better.

Confining this just to the SRX, in 2009 it was a new body style (w/ a 3.0L engine). In 2011 it was the same body style w/ an "upgraded" 3.6L engine in the MY12s. In 2012 it was the addition of CUE in MY13. In 2014 it was CUE enhancements for audible SMS/TXT msgs. Now it's the promise of yet aother body style.

If you don't need a car right now, you may look for incentives later this year to clear out the last of the MY14 inventory. I bought my MY13 in Oct of 2013 & Cadillac was offering $6k in incentives to move out the last of their MY13 inventory. Still brand new (had < 150 miles), but much cheaper than if I had bought it a year earlier. You can argue that my trade-in value was reduced when the MY14s came out, but I plan to hang onto it for several years.
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yet another important way to look at it all especially trade-in vs keeping car for yrs (which we do) thanks !!!!

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If recent GM models are any indication, I would avoid the first year of any new design model. The 2015 Escalade is and the 2010 SRX have had major issues.
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That's what DH also has stated !

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Generally the introduction of a significant redesign creates a more-than-usual-depreciation reduction in the value of the older design. Often by thousands of dollars. So even if the '16 doesn't knock your socks off when you see it, the best time to buy a '15 is likely in the months after the '16 is introduced and GM is trying to clear the old design off the lots. If you're actually that flexible to wait that long. yes we can wait. we have another year on our xtended warr. on the DTS Also, that kind of strategy often may leave you with fewer choices as to option combinations (colors, add-on packages, AWD or not, etc) because when they're done making them and trying to clear the lots. . . it is what it is. This may or may not be important to you. that's another 'twist' on the decision - that makes sense also - seems it's all such a 'gamble'

How much additional risk you take on rushing into a significantly re-designed '16 is somewhat dependent on just how thorough a re-design it is. The 2010 was a very large change. I don't know that we know yet how much of a change the '16 really is. Reading 'guesses' the body will change & possible RWD added & V8 (for SRX) but again i'm only a noivce and who knows what the pundents are claiming is correct.

Personally, I love the styling of the '10-15, (me, too) and suspect I *won't* like the '16 as well on that front, but that remains to be seen. And of course there may be internals reasons (engine, transmission, etc) that make the '16 more interesting to me. There are rumors of a 9-speed transmission, for instance (replacing the current 6-speed).

Some sources are suggesting it could be a 2017 released in mid-2016 so the wait might be longer than you're thinking:

http://www.leftlanenews.com/cadillac-xt5.html
thanks i will look at this - appreciate your input !!! edythe

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Something else to consider. I purchased my 2012 in 2013 with 15000 miles. It was a "certified" Cadillac used car that came with a 7 year/70000 mile warranty along with the 4 yr/50000 mile (I think) maintenance package. That vehicle cost me about $15000 less at one year old, than it did brand new, a year before, and with a better warranty. Hind site being 20/20, I wish I would have held out for one with the driver awareness package but, live and learn I guess.
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your crystal ball was out at cleaners like mine is right now ! but sounds like you made a great deal .
 

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2010 DTS
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80 Posts
Discussion Starter · #10 ·
If you get rid of your DTS, make sure you get a refund for the prorated portion of your warranty you did not use.
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yeah, thought of that too but appreciate your 'warning'. Did ask if remainder could be transferred to another Caddy - told 'no' (by salesman)...but as long as a 'pro-rate' is available i'm good with that. thanks so much ! edythe
 
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