Thinking of selling my hoe for CTS-V

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NolaTahoe

NolaTahoe

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I owned an 05 CTS V (first gen actually started in 2004). The resale value will surprise you in a real bad way. Plan on around 30% the first year, dropping to about half within 3 years. Mine had a crappy rear end, interior panels came off, bad alignment from factory, a 3 year old NAV disc, etc. A mechanic told me that they can tell how many times I hit redline. Tires lasted 15k (which was good).

Ok the 09 CTS V is different. I think they fixed the rear end Performance is fantastic (straight line or cornering), interior is somewhat small (just my opinion), gas mileage is SUV like. Tires are expensive. Quality is a ? since it is brand new.

It all comes down to what you want, although I would remember that you can get a new V for almost invoice these days. SUVs do tend to hold their value better as I got $17k for my Envoy that I bought for $34k 4 years earlier. $17k for 4 years/50k is real good these days.

Good luck with the decision but don't be fooled into thinking the V is "unique or special" and demands special pricing. In the end it is still a Caddy. If I was looking at the V I would look at the new E550 Mercedes and take delivery in Germany.

I see what your saying and after thinking about it the past few days I think that I am just going to keep my Tahoe for at least another 2 years and have it as my SUV and then probably by the end of this year get a GTR for some reason I love that car not a fan of nissan at all except that car but we shall see what happens. Thanks for al ya'lls input and if something changes I will let ya'll know but as of right now the Tahoe is staying with me.
 

phileaglesfan

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I must say it is a smart move in my opinion. Caddy's just get killed on depreciation. I also heard they are dumping a bunch of Caddy dealers so that means less competition. My 08 C6 is cheaper to insure than my 05 V was. Heck it only costs $10 more to insure my Vette per month over my 07 Impala SS. Wife's Denali is more expensive but her driving record is not exactly flawless.
 

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