I am still watching prices on a few Cadillac Models. The used car market has been unusually strong this year, so normal trends are out the door.
The Cadillac CTS-V was redesigned in 2009, and has been very well received. The least expensive 2009 Cadillac CTS-V seems to float around $47K, keeping these out of my budget range. KBB.com retail is $55K.
The Cadillac STS-V stopped production in 2009, with low numbers in 2008 and 2009. The lowest lightly used model 2008 Cadillac STS-V are running $38K. That puts this model closer to my target but still not quite there. KBB retail with 24k miles is $39K.
I have also been looking at the 2010 Cadillac CTS Premium Models. These are still priced close to new of course with the 2011 models just getting out. The least expensive RWD CTS 3.6L Premium currently is around $38K. KBB retail with RWD and Premium package at 12k miles is $35K.
It may still be a horse race between the 2008 STS-V and the 2010 CTS RWD Premium for which reaches my budget first with the right car. A lot of shopping for used cars is being able to have a wide time window to shop and being ready with the money when you find the right car.
As the summer comes to an end the V cars may become more affordable, since they fall into the ‘fun’ car category. We’ll see.