Value of V2's compared to KBB or NADA?

3300 Views 21 Replies 17 Participants Last post by RVC, Mar 19, 2015

cmiller

Discussion Starter · Mar 2, 2015

Looking for a used V2, without getting into the specifics of what I am looking for it is really hard to determine what a fair price is for the cars. They are priced all over the board. Some combinations are listed for less than blue book and then are a quite a few that are considerably more. Some dealers asking $12K more than blue book.

What's the key to knowing what is a fair deal? Is KBB a good source for pricing on the V's?

1 - 20 of 22 Posts

Teamsorad

· #2 · Mar 2, 2015

It depends on what you are looking for, just like all used cars low mileage will be worth more and probably with the V2 the manuals might be worth more. Could be simple as dealers marking the prices up.

I know in the seattle Vs are way more expensive then in the mid/east. If I had better credit I would have flown somewhere and probably saved some money

tinman

· #3 · Mar 2, 2015

Agreed. Prices do vary all over different parts of the country. Just look at Autotrader.com and cars.com. I live in Florida and it paid for me to fly to Michigan and drive home (and the drive was fun).

CVP33

· #4 · Mar 2, 2015

To tell you the truth I've never really paid attention to KBB. I just checked mine, 2012 V coupe, 14K miles, every available option has $44.8K for private party. I'd be very surprised if I could sell it for that. $41K maybe. As for variables:

1) Body style - coupe, sedan, wagon = lowest to highest resales
2) Manuals should be more, however I've not seen anything to indicate this on asking price
3) Colors - Blue is really the only color that seems to command a premium
4) Options - Recaros and Suede wheel/shifter are the only ones that matter. No one is chasing sapele wood.

Agree on the location post. I flew from NC to Boston to buy mine. Deal of the century in my book.

Reactions: 1

tinman

· #5 · Mar 2, 2015

Nicely stated, CVP33.

thebigjimsho

· #6 · Mar 2, 2015

CVP33 said:
To tell you the truth I've never really paid attention to KBB. I just checked mine, 2012 V coupe, 14K miles, every available option has $44.8K for private party. I'd be very surprised if I could sell it for that. $41K maybe. As for variables:

1) Body style - coupe, sedan, wagon = lowest to highest resales
2) Manuals should be more, however I've not seen anything to indicate this on asking price
3) Colors - Blue is really the only color that seems to command a premium
4) Options - Recaros and Suede wheel/shifter are the only ones that matter. No one is chasing sapele wood.

Agree on the location post. I flew from NC to Boston to buy mine. Deal of the century in my book.

I still hate you. This g00b took a taxi!

Reactions: 1

vfaninva

· #7 · Mar 3, 2015

Looks like NeuronBob hit the trifecta! Wonder if he'll ever sell it? Probably not.

CVP33

· #8 · Mar 3, 2015

thebigjimsho said:
I still hate you. This g00b took a taxi!

Some things I will never live down.....in my defense I'm clearly just a hick from NC going to the big city of Boston.

Also, back on topic. If you can ever find a wide body BUY IT! I'd buy one tomorrow if I could find one.

RVC

· #9 · Mar 3, 2015

I don't think KBB and NADA take in consideration that this is a specialty car. In regards to supply and demand these rigs can fetch more than KBB/NADA. Same with my Tacoma. For some reason, I could get $6500 for it but KBB says around $4k.

BlueBMWM6

· #10 · Mar 3, 2015

CVP33 said:
To tell you the truth I've never really paid attention to KBB. I just checked mine, 2012 V coupe, 14K miles, every available option has $44.8K for private party. I'd be very surprised if I could sell it for that. $41K maybe. As for variables:

1) Body style - coupe, sedan, wagon = lowest to highest resales
2) Manuals should be more, however I've not seen anything to indicate this on asking price
3) Colors - Blue is really the only color that seems to command a premium
4) Options - Recaros and Suede wheel/shifter are the only ones that matter. No one is chasing sapele wood.

Agree on the location post. I flew from NC to Boston to buy mine. Deal of the century in my book.

After shopping for a V for nearly a full year, using ebay, craigslist, autotrader and more, I find my experience to be far different.

Using this http://www.****************/knowledgebase/cadillac-v-series-production-numbers.php, there are 7k coupes, 10k sedans, 1100 wagons.

I found wagons to be the highest resale, then coupe, with sedan last. There are so many more of them used, the prices are far lower.

Manuals are always more. I found probably 10x better deals in automatic. There are no production numbers to prove this, but from my experience they outnumber manuals 3 to 1.

Colors are hard to find, but do not change the price THAT much. black and silver always bring less than red, blue, and thunder gray I've found.

Options... sunroof is on almost every V. Wheel and shifter in suede is a $200 upgrade, so I wouldnt let that influence your decision. Recaros are a must, and somewhat hard to find. Saffron recaros are the hardest, but well worth the price.

Location - I flew from OH to TX to get a black V coupe that ended up being fraud. While upset, a few weeks later I was blessed with a far better deal. I felt like I was settling for a black coupe, black recaros, but manual. I was going to wrap the car (as I hate black and silver cars.)

I ended up finding my dream car, only one state away, for a great deal. 2012 Thunder Gray V-Coupe, Manual, Saffron interior, lower miles.

I had been searching, for over a year, and this was one of the only ones I found in this combination, let alone for a fair price.

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cmiller

Discussion Starter · #11 · Mar 3, 2015

Great information, thanks. What is everyone's opinion on the year of the cars. Should that influence the buying decision more than mileage? My understanding is that there aren't any major changes on the cars from 2010 to 2014? At this point I would plan on keeping the car for a long time so the advantage of buying a 2012 now vs a 2010 doesn't seem like it should matter too much?

dennych

· #12 · Mar 3, 2015

hehe,

I know I really shouldn't be considering selling my Wagon but it always crosses my mind when I see the C7...

vfaninva

· #13 · Mar 3, 2015 (Edited)

cmiller said:
Great information, thanks. What is everyone's opinion on the year of the cars. Should that influence the buying decision more than mileage? My understanding is that there aren't any major changes on the cars from 2010 to 2014? At this point I would plan on keeping the car for a long time so the advantage of buying a 2012 now vs a 2010 doesn't seem like it should matter too much?

Rain sense wipers weren't available in 2011.
Blind Spot Warning added to coupes in 2012.
Active head restraint added in 2012.
Improved shifting algorithm (automatics) in 2012.
Two piece front rotors added in 2013.

Those are the changes I could think of without doing research. Still, condition and miles would matter more to me than the year.

mpouls1

· #14 · Mar 4, 2015

vfaninva said:
Rain sense wipers weren't available in 2011.
Blind Spot Warning added to coupes in 2012.
Active head restraint added in 2012.
Improved shifting algorithm (automatics) in 2012.
Two piece front rotors added in 2013.

Those are the changes I could think of without doing research. Still, condition and miles would matter more to me than the year.

Moved V emblem on trunk to wrong side starting 2010+. I think they also stopped putting those ugly gm chiclets on the side also.

neuronbob

· #15 · Mar 4, 2015

vfaninva said:
Looks like NeuronBob hit the trifecta! Wonder if he'll ever sell it? Probably not.

Not yet. I didn't purchase as an investment. I've had several serious unsolicited offers offline, which I've thus far declined. Maybe I'll feel different when the NSX is released. $60k would go a long way toward affording a purchase.

But this car is probably a keeper.

Reactions: 1

Movinon

· #16 · Mar 4, 2015

Last week I bought a one owner super clean 2013, CTS-V, sedan, 6 spd. manual, recaros, red tri coat, ultra view sunroof, polished aluminum wheels,
suede and wood options and new tires, with 32,000 miles.
It came with the Cadillac CPO extended warranty that will be good for the next 44 months or 38,000 miles.
I checked prices on KBB,NADA and Edmunds.com. They had just lowered the price because of it being on the lot longer then 90 days, after coming off a 2 year lease.. One of the reasons they were
so easy to deal with was because it was a manual shift, which I wanted.
Tom

Reactions: 2

Chris Yates

· #17 · Mar 8, 2015

Movinon said:
Last week I bought a one owner super clean 2013, CTS-V, sedan, 6 spd. manual, recaros, red tri coat, ultra view sunroof, polished aluminum wheels,
suede and wood options and new tires, with 32,000 miles.
It came with the Cadillac CPO extended warranty that will be good for the next 44 months or 38,000 miles.
I checked prices on KBB,NADA and Edmunds.com. They had just lowered the price because of it being on the lot longer then 90 days, after coming off a 2 year lease.. One of the reasons they were
so easy to deal with was because it was a manual shift, which I wanted.
Tom

Hi Tom, qurious how much did you pay?

Thanks
Chris

V-POWER57

· #18 · Mar 8, 2015

dennych said:
hehe,

I know I really shouldn't be considering selling my Wagon but it always crosses my mind when I see the C7...

OT but if your going to sell it I would go with a Viper.. NA car and more exclusive with tons of power! I just purchased a new 2014 GTS FULLY Loaded 156,xxx MSRP for 105K. Its going to be fun having the 15 CTS-V and the Viper both manual cars too.

RaVeNous

· #19 · Mar 10, 2015

Autotrader and NADA have always seemed more accurate to me if you are honest with all of the ratings and questions. KBB is always very low on trades, which is why dealers like it. They are all about the same when judging a retail or private sale value.

DPL

· #20 · Mar 16, 2015

My 09 has rainsense. Thinking of selling too, every option for the year in thunder gray, 30k miles. The best mods IMHO - lowered with custom wheels, corsa, airraid and new rubber on both the 20's and the original 19's. 6MT too. Damnit...just typing that makes me wanna keep it.

Almost time to place the order for the '16 though.

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