TeamSorad

iTrader: (2)

I was doing some research and I didn't find much info on the next generation CTS V. I currently have a V1 that will be paid off and am interested in getting a V2 in the near future. Is there any info on the new V3? The 2014 reg CTS looks like a bigger car and gm is now doing some turbo stuff (not sure what is up with the V-Sport)


I have found some V2s for mid to high 30s to low 40s but am wondering how much they will drop when and if the V3 comes out?

DarkCharisma

There's been no announcement about the gen 3 CTS-V. The only discussion has been about the Vsport that I've seen.

As far as how much they'll drop... how could anyone actually answer that? I am sure they'll depreciate a little, but if demand stays high they may not drop much at all--a perfect example of that is late model diesels. A '06 Duramax in good condition still fetches over 30k, and it's 8 years old.

NIKDSC5

iTrader: (10)

The V2 came out in 09. So....I highly doubt you will see any update or a V3 for oh....3 years. They may do little styling ques and maybe some Hp tweaks, but as for a whole new design.....I would not hold my breath.

BudRacing

iTrader: (3)

They're letting the A series have its glory first, then they'll roll out the new model and many will upgrade from the A series

isis

iTrader: (1)

The V1 came out in 03 followed by the V in 04.

The V2 came out in 08, followed by the V in 09.

Not sure why the V wouldn't be for 2015, (this time next year). What makes anyone think it will be 3 years??

As far as price drops, I wouldn't hold your breath. It's a much higher quality car and cost more new than the V1. I wouldn't expect as significant depreciation as the V1 saw over the last few years.

NIKDSC5

iTrader: (10)

The V1 was a car just thrown together by gm, obvious by its flaws amd similarity to the base cts. The limited production run was a test basically to determine a sports sedan's market ability and popularity. Success, equals an engineered V2 worlds different from the base model. So, like any other popular production car ie the corvette ran for approx 7 years C5 99-04 C6 06-13 So thus my 3 year # 09-15. So my bad, 2 years, as by my theory a new cts-v would arrive either late 15 or 16. Long time to wait for a price drop or new model.

TeamSorad

iTrader: (2)

Obviously I didn't expect people to give me an exact number on the price drop, was just curious about peoples opinions. As far as when the V3 was gonna come out, I assumed the same thing. The new model CTS came out so I expected a V3 as well. I usually don't follow this kind of stuff but as I get older I am looking to more expensive cars

CTS Vsport seems out of place but then again I don't know much about the Cadillac line up

isis

iTrader: (1)

But that's why I don't understand your math.

2003 CTS begets 2004 CTS-V
2008 CTS begets 2009 CTS-V
2014 CTS exists and has been announced. (Or is this not official and in fact where I'm confused?) So why not expect a 2015 CTS-V which would show up in mid to late 2014?

The V isn't a hugely different car in any year. The differences are all bolt-on component swaps. Powertrain/suspension and maybe a brace or two, if that? Why would this one lag 2 years when the others were only one?

MN_V

iTrader: (5)

The Vsport really is not out of place. The CTS is now a direct competitor with the 5 series and E class, and you need 400hp+ to play in that league beyond the base models. It did grow in dimensions but it is down a bit in weight, aluminum all over the place.

When the V3 comes out the newest V2's will lose value, quite a bit - i.e. the 2013 and 2014 models (yes the V2 is still offered as a '14).

However, the guys shopping for 09's are not in the market for a new $70-75k car so I would suspect their resale value will not be affected much. Most likely remain the mid-30ks for quite a while. It's too nice a car not to hold the value.

01_SuperSlow

iTrader: (7)

There will be a V3, most likely late next year and is rumored to be $80k plus. I don't see V2 prices dropping too fast after introduction of the V3 since it'll be out of the price range for many of us anyway, making the V2 a comparative bargain.

V1 was from 04-07(4 years), V2 from 09-14(5 years).
It doesn't seem to follow the corvette generations, so this is a bad comparison.

TeamSorad

iTrader: (2)

Yea that makes sense. I can find higher mileage V2 (50k) for mid to high 30s. There is a local one still under warranty but it doesn't have recaros and is an auto for 36k. I was hoping I could score one for high 20k to low 30k in the next year or so but prolly not gonna happen. V1 is about to be paid off just not sure I can justify close to 40k for a car without a house etc

isis

iTrader: (1)

2014 is still V2? Is that the part I don't get?

MN_V

iTrader: (5)

http://www.cadillac.com/cts-v-luxury-sedan.html

Can be had for just 64,900....

On that note the VSport keeps growing on me. Maybe when they get down to $30k used

01_SuperSlow

iTrader: (7)

Seems like "by popular demand" GM decided to offer the 2nd gen CTS-V an extra year, while getting ready to launch the V3.

Fuzzy_Wuzzy

iTrader: (8)

Some cars will maintain value simply because of what they still offer, it comes down to what other cars are selling for used, and what a v2 offers in comparison.

Scott96LT1

iTrader: (2)

That and probably to bridge the gap between V2 and V3 launch. With ATS-V and Alpha+ CTS-V, the current offerings should come down not only due to the upgrade that V3 should be, but now multiple options under the V-series banner for the first time in several years other than how much utility and how many doors you want out of one model variant.

meatyCTS-V

Welcome to my world lol

Just paid off last month, (6 months ahead of payment schedule), and want a V2 wagon, but need to prioritize.

Now I gotta get my Miata back on the road for when the V breaks down, and save up for a house.

Now, if people stop coming up to me with smoking deals on guns... I'd be able to start working on my goal lol

NIKDSC5

iTrader: (10)

Well....the V1 was a trial and limited production run so....yeah duh, it does not compair. The V2 was more like the corvette in its design process and production thus the comparisson. That is all. Should take bets. Late 2015 will unvail the next cts-v for the 2016 model year. 2 year away from the unvail, 3 years away from getting your hands on one.

V2 prices will drop just like every other car with time and mileage. Moral, better off waiting on an 09 with high mileage then you are for the next production model to lower the price of a V2.

Edit: You will also see the new cts unvailed first, then the following year the V. As history will repeat itself.

01_SuperSlow

iTrader: (7)

Haha. What do you want to bet?
I say it is unveiled next year and available late fall/early winter as a 2015 model.
There's no way its going to be 3 years from having it in dealer lots.

You are contradicting yourself here and confirming what I just said.
The new CTS is already at dealership lots, in case you didn't know, as a 2014 model year.
So like I said, the following year(2015 model year, one year from now) the V3 will come.
As history will repeat itself.

MN_V

iTrader: (5)

^ lol thank you.