Cadillac Owners Forum banner

1 - 13 of 13 Posts

·
Registered
none
Joined
·
1,102 Posts
Discussion Starter #1
2013 ATS Opulent Blue & Platinum leather
Performance 6 speed manual
Moon roof, navigation
17" standard wheels
No MRC or HUD.
7,900 miles in excellent condition. Title is clean, no issues. All updates/recalls have been done.

What do you think the car is worth?
 

·
Registered
2019 Mercedes E450 Cabriolet, previous 2013 ATS 2.0T AWD, 1973 Corvette 454
Joined
·
2,364 Posts
It's worth whatever you feel like paying for it....seriously research blue book, black book, car trader, etc online and get a feel for what similar vehicles and condition in your state are going for. It does vary somewhat state to state. You'll just get subjective shot in the dark answers from us; what you really need to do is some research on your own and figure out what you are willing to pay.
 

·
Registered
none
Joined
·
1,102 Posts
Discussion Starter #3
It's worth whatever you feel like paying for it....seriously research blue book, black book, car trader, etc online and get a feel for what similar vehicles and condition in your state are going for. It does vary somewhat state to state. You'll just get subjective shot in the dark answers from us; what you really need to do is some research on your own and figure out what you are willing to pay.
Already done that, I'm asking for other opinions.
 

·
Registered
'14 ATS Premium with 3 pedals | Past: '13 ATS Performance & '99 Seville STS
Joined
·
5,847 Posts
There are too many parameters involved. And how well you can negotiate, or how desperate the dealer is to sell. That being said, based on the numbers people post here, I would say 26k (plus minus) 3k.

----------

Blue book says 28k - 32k
I wish our cars could bring that amount of money! I have the same car, '13 performance, and it is very low mileage, but they have lost their value, and blue book doesn't show today's real transaction figures. If you look hard enough, you might even find a left over BRAND new performance for 32k.
 

·
Registered
none
Joined
·
1,102 Posts
Discussion Starter #6
There are too many parameters involved. And how well you can negotiate, or how desperate the dealer is to sell. That being said, based on the numbers people post here, I would say 26k (plus minus) 3k.

----------



I wish our cars could bring that amount of money! I have the same car, '13 performance, and it is very low mileage, but they have lost their value, and blue book doesn't show today's real transaction figures. If you look hard enough, you might even find a left over BRAND new performance for 32k.
I'm buying at auction, so I'm getting it below retail. The dealer is asking for my max bid. The cars I'm seeing on autotrader range from $26k to $34k for similar cars but with more miles. The one for $26k only has 11,000 miles, but it's been sitting for a while so I think there might be an issue with it. Maybe accident history or something. My gut is telling me the car is worth $30k retail. It's a pain trying to determine value on this car since it's a manual, because there are so few of them out there. I think being a manual makes them harder to sell and might decrease their value used.

How much was this car new? $45-$46k?
 

·
Registered
'14 ATS Premium with 3 pedals | Past: '13 ATS Performance & '99 Seville STS
Joined
·
5,847 Posts
I'm buying at auction, so I'm getting it below retail. The dealer is asking for my max bid. The cars I'm seeing on autotrader range from $26k in NJ to $34k for similar cars but with more miles. The one for $26k only has 11,000 miles, but it's been sitting for a while so I think there might be an issue with it. Maybe accident history or something. My gut is telling me the car is worth $30k-$31k retail so I'm hoping to get it for $27k and another $1k in taxes and fees. It's a pain trying to determine value on this car since it's a manual, and there are so few of them out there.

How much was this car new? $45-$46k?
The MSRP of a performance ATS without extra options would be around 42-44k. But don't let those numbers fool you. There are heavy incentives, and very few have paid MSRP. Please look at this link:

https://www.truecar.com/prices-new/cadillac/ats-pricing/2014/3684EEF8/?trimOptionIds=28-C-U,7-C-U,30-C-U,8-C-U,57-I,51-C-U,10-C-U,35-C-U,16-C-U,29-C-U,1-C-U,11-C-U,54-C-U,20-C-U&exteriorColorId=970860&interiorColorId=973815&incentiveIds=4000108854,4000110454&trimId=259589&zipcode=08201

I entered your zip code to true car value, and it gives the average MSRP, invoice, average paid, and the estimate that the TRUECAR gives as the price that it might find for you. As you see, in average people are paying 7k below MSRP. To be more precise, the averaged paid is $37,443 for a brand new 2.0 liter turbo ATS performance. Forget MSRP!

When you go to autotrader, they list the ASKING price. $34k for a used '13 ATS is a joke! If you think or if your gut tells that this two year old car is worth $30k-$31k, that's fine. As rustybear mentioned, pay whatever YOU are willing to pay. But IMHO, $30k-$31k is too much. The retail should be well below 30k. But 27k seems to be a good number if you want to buy from a dealer and you are sure about the condition of the car. And by the way, why this ATS ended up on an auction?!
 

·
Registered
none
Joined
·
1,102 Posts
Discussion Starter #8
The MSRP of a performance ATS without extra options would be around 42-44k. But don't let those numbers fool you. There are heavy incentives, and very few have paid MSRP. Please look at this link:

https://www.truecar.com/prices-new/cadillac/ats-pricing/2014/3684EEF8/?trimOptionIds=28-C-U,7-C-U,30-C-U,8-C-U,57-I,51-C-U,10-C-U,35-C-U,16-C-U,29-C-U,1-C-U,11-C-U,54-C-U,20-C-U&exteriorColorId=970860&interiorColorId=973815&incentiveIds=4000108854,4000110454&trimId=259589&zipcode=08201

I entered your zip code to true car value, and it gives the average MSRP, invoice, average paid, and the estimate that the TRUECAR gives as the price that it might find for you. As you see, in average people are paying 7k below MSRP. To be more precise, the averaged paid is $37,443 for a brand new 2.0 liter turbo ATS performance. Forget MSRP!

When you go to autotrader, they list the ASKING price. $34k for a used '13 ATS is a joke! If you think or if your gut tells that this two year old car is worth $30k-$31k, that's fine. As rustybear mentioned, pay whatever YOU are willing to pay. But IMHO, $30k-$31k is too much. The retail should be well below 30k. But 27k seems to be a good number if you want to buy from a dealer and you are sure about the condition of the car. And by the way, why this ATS ended up on an auction?!
I am buying from someone who has a dealers license, not a dealer itself. The car is at a Manheim auction. This car in particular was driven by a corporate person at GM. They give a car to a higher up, they drive for 3k-10k miles and give it back. Then they go through auction.
 

·
Registered
2014 CTS 2.0T AWD Radiant Silver/Platinum
Joined
·
24 Posts
The most recent auction sales would give you an idea of what the car is worth. Manheim publishes this list of recent auction sales, ask your dealer friend for a copy.
 

·
Registered
'14 BMW 328xi
Joined
·
320 Posts
Already done that, I'm asking for other opinions.
I think what Rustybear is telling you is all that other information is worth way more than posts by random strangers on this forum.

----------

I am buying from someone who has a dealers license, not a dealer itself. The car is at a Manheim auction. This car in particular was driven by a corporate person at GM. They give a car to a higher up, they drive for 3k-10k miles and give it back. Then they go through auction.
Seriously? Why would they put a low mileage corporate owned vehicle out to auction, rather than sell it as CPO? I just ended up getting a BMW, and that's exactly why--BMW sells low mileage loaners and executive models as CPOs at substantial savings, extends out the warranty, and includes BMW complimentary maintenance. Seems like Cadillac is missing out on this market. Without that program, there's no way I would have spent the money on a BMW.
 

·
Registered
none
Joined
·
1,102 Posts
Discussion Starter #11
I think what Rustybear is telling you is all that other information is worth way more than posts by random strangers on this forum.

----------



Seriously? Why would they put a low mileage corporate owned vehicle out to auction, rather than sell it as CPO? I just ended up getting a BMW, and that's exactly why--BMW sells low mileage loaners and executive models as CPOs at substantial savings, extends out the warranty, and includes BMW complimentary maintenance. Seems like Cadillac is missing out on this market. Without that program, there's no way I would have spent the money on a BMW.
The car is in a gm closed auction. These cars are bought and certified then sold on the lot as a certified pre owned vehicle by gm dealers. My friend works at a Chevy dealer so he can bid on it. He said I can certify it for a fee if I want which I don't think I will. Need to research it more.

While browsing Manheim I see these closed auction from most of the manufacturers, so it's not just BMW.
 

·
Registered
2019 Mercedes E450 Cabriolet, previous 2013 ATS 2.0T AWD, 1973 Corvette 454
Joined
·
2,364 Posts
Seriously? Why would they put a low mileage corporate owned vehicle out to auction, rather than sell it as CPO? I just ended up getting a BMW, and that's exactly why--BMW sells low mileage loaners and executive models as CPOs at substantial savings, extends out the warranty, and includes BMW complimentary maintenance. Seems like Cadillac is missing out on this market. Without that program, there's no way I would have spent the money on a BMW.
It seems rather strange to me also. Before I bought my ATS, I bought a corporate owned STS from my dealership (general sales manager) and have bought Cadillacs this way before. It would seem they would get more this way than in a closed auction . My dealership sells CPO's and loaner cars all the time....usually auctions are last ditch efforts.

----------

I think what Rustybear is telling you is all that other information is worth way more than posts by random strangers on this forum.
Yes, that is exactly what I meant.
 

·
Registered
2013 3.6 RWD Premium - 2006 BMW Z4M
Joined
·
1,519 Posts
Seriously? Why would they put a low mileage corporate owned vehicle out to auction, rather than sell it as CPO? I just ended up getting a BMW, and that's exactly why--BMW sells low mileage loaners and executive models as CPOs at substantial savings, extends out the warranty, and includes BMW complimentary maintenance. Seems like Cadillac is missing out on this market. Without that program, there's no way I would have spent the money on a BMW.
GM corporate has no direct way to sell them to end users so the auction gives them an easy way to move lots of vehicles to someone that does (their dealers). They take in lots of corporate vehicles and send them to auction and they are gone. If your example is how BMW corporate prices the used vehicles to individual dealers I wonder how they set the price to the dealer and what they do when the local dealer doesn't want to pay the price BMW corporate wants. I see them not getting top dollar and dealing with a lot more hassle (cost) than just sending all of them to auction. Basically turning some department into a used car dealer that only sells to BMW dealers.

CPO and extended maintenance plans also add cost and if a Cadillac dealer buys the car they can chose to do it (or let the customer decide).

I bought my car used, also was a corporate vehicle and also went through an auction where the Cadillac dealer bought it (and made it a CPO). Side note, car sat for a couple of months, when I called, car was at an auction to be sold and they pulled it and brought it back. Their policy is once inventory sits for some amount of time they try to get rid of it at auction. Holding cars also adds cost.
 
1 - 13 of 13 Posts
Top