New Tahoe vs Used Escalade

[THE YETI]

i know what ya meant Felix, just breaking ur balls... LOL

 

[felixgun]

i know what ya meant Felix, just breaking ur balls... LOL

LOL.. figured

 

[GalaxyBlackEsky]

If it was me I would go Esky. As long as the Esky does have lower miles. Within the next few years I will be switching to a Esky but prob get a used one with low miles. I just like the way they look and interior is so much nicer and flows better then the Tahoes. With all the add ons I did I should have gotten a Esky but when I bought mine it was only a year since they came out with the new models and Esky were way out of my price back then.

 

[GM Customer Service]

A Certified Pre-Owned Limited Warranty period commences at the time of sale. To be eligible for a Certified Pre-Owned (CPO) Vehicle warranty, a vehicle must meet the following requirements:

• Vehicle must be within the original bumper-to-bumper warranty (no more than 48 months from original in-service date and no more than 50,000 miles). No “unknown mileage” vehicle will be accepted. For Saab, the vehicle must have 60,000 miles or less.
• Must meet 100+ quality checkpoint inspection criteria.
• Must not be a consumer relations buyback or salvage.
• Must not have experienced a serious accident or body repair (repair costs exceeding 1/4 of the vehicle’s value at the time of repair).
• Must not have been originally sold as new outside the United States.
• Must not have any non-factory conversions.

I hope this helps. Any other questions feel free to let me know
Breanne
Chevrolet Customer Service

 

[LuSe4]

I'm new here...first post actually. Just thought I'd chime in because I just went through the same thought process. I was considering a new/used Tahoe/Yukon vs a used Denali (Escalade's GMC equivalent) and ended up with a Certified Pre-owned 2009 Denali, fully loaded w/ 20" chrome wheels and NAV.

I've always been one to go for the top end model because they do hold their value better as time goes on and are generally more desirable. This makes it easier to get top dollar at trade-in time if kept clean or easier to sell if you want to sell it privately.

First of all, here are some facts about Certified Pre-owned. You will get a 12 month and 12,000 mile bumper to bumper warranty. This also makes it eligible to get a very affordable bumper to bumper extension. I extended mine to 5yrs (from in-service date) / 100,000 miles for $1200. Since my Denali has 31k miles and it's in-service date was Oct 2009, I basically have 3 yrs and 69k miles from now with bumper to bumper protection. Of course you could extend the warranty on the new Tahoe as well...

Look at it this way...The Escalade is a much nicer overall vehicle that will hold the value much better, you can get an equivalent or better warranty and you will have a higher trade in value the next time around. I've done the math a thousand times...you lose the most when you buy new. CPO's are the way to go financially. The biggest benefit is that you will get to drive a much nicer vehicle for the same upfront price price. The Escalade is just a much nicer vehicle than the Tahoe.

Hope this helps and good luck! Please make sure you post back here when you make your decision too!

JP (The New Guy)

I agree with this. I have never bought (and probably will never buy) a brand new vehicle as long as there are certified pre-owned out there. I have bought 3 vehicles this way, and in my opinion it is the way to go.

 

[felixgun]

If it was me I would go Esky. As long as the Esky does have lower miles. Within the next few years I will be switching to a Esky but prob get a used one with low miles. I just like the way they look and interior is so much nicer and flows better then the Tahoes. With all the add ons I did I should have gotten a Esky but when I bought mine it was only a year since they came out with the new models and Esky were way out of my price back then.

I completely agree with all of this good point Brent. I definitely couldn't have afforded the Esky at 70k but when it was time to get another vehicle and I had the option between the two I found that used Denali's and Escalade's with the same mileage were around the same price as that of a newer Tahoe. Having already owned a Tahoe I test drove the other two and fell in love with em. Just food for thought-- definitely test drive the Esky and you will feel the difference!

 

[05Gride]

I completely agree with all of this good point Brent. I definitely couldn't have afforded the Esky at 70k but when it was time to get another vehicle and I had the option between the two I found that used Denali's and Escalade's with the same mileage were around the same price as that of a newer Tahoe. Having already owned a Tahoe I test drove the other two and fell in love with em. Just food for thought-- definitely test drive the Esky and you will feel the difference!

Absolutely LOVING all the inputs and discussion folks. THANK YOU! I appreciate it, and thanks to the gentleman from GM who noted the logistics of the CPO.

I was at the gym last night and caught up with an old buddy who literally yesterday, got rid of his 2011 Eski Platinum Edition (just needed to "downgrade" to a new Mercedes E350 lease). Point being, he told me it was the nicest vehicle, both to drive and bells and whistles, that he has ever owned. Period.

Where I'm at now is just figuring out how comfortable I am financially with the downsides to the Eski: supposed to put premium fuel in, which at 24 gallons per fill up and an avg $0.20 difference is only $5 a tank, but that adds up only averaging 14-16 mpg. Insurance is another $200 per year for me out here in CA, even with it as my 3rd vehicle. And maintenance costs will undoubtedly be higher. I will however look in to the extended warranty on the CPO.

My only other concern is that I'd be buying the Eski sight unseen (at least not in person). Without explaining too much and I don't want to overplay a "name drop" but a very very good buddy here in CA has a stepdad who owns a dealership in PA. So it's not an issue of trust, but I don't get to go over the vehicle with a fine toothed comb (scratches, nicks, tires, leather, carpet, etc). BUT, that means I can probably work a pretty killer deal. I am also looking locally too.

End point: the more I think about it, the more I'm leaning towards a used Eski or at the most, leasing a new Tahoe. I agree with everyone that the bells and whistles and everything I've heard about the Eski is just too hard to pass up. Plus it was purchased for $73K and is presumably 2-3 years old now. KBB says the Eski drops about $8K per year in value. That is a LOT of value that drops on these things when you drive a new one off the lot. I'm just not convinced buying new is the way to go anymore when there are CPOs out there with the warranty options.

 

[SLT Kon-Man]

+1 on the low mileage Esky...

 

[felixgun]

14-16? I wish!!! Active fuel management came out for Tahoe/Yukon in 2007 but not until 2010 for the escalade. That means no switching to V4 mode and worse gas mileage. I'm averaging 11.1 mpg and only bc Ive been on the highway a lot. Usually it's 10.2-10.5 mpg. The bad gas mileage is worth it to me though

 

[07Burb]

holy guacamole I had no idea the MPG was that bad!