The best time to shop for a new Cadillac is

This will seem like core common sense to some of you, but I feel it bears repeating, especially in the car market:

The best time to look for a new Cadillac is while your current Cadillac is still  doing well and going well.

You don’t want to squeeze the deal by depending on selling your Cadillac just in time to have the cash to buy or help fund your next Cadillac.  You want to be in a position to have some cash set aside that you can use to buy the new or new to you Cadillac, and to have time to sell your Cadillac at your leisure.   This way you have no pressure on the acquisition — no timers — and can wait for just the right deal to come along for your perfect next Cadillac.

I am chatting with Darin Partin over at Crest Cadillac to get help in finding my next Cadillac, which hopefully will be a nice used 2010 Cadillac CTS Premium model with under 15K miles, in Crystal Red Tintcoat.  But my shopping journey didn’t start with looking up and realizing my 2005 Cadillac CTS was about ready for replacement.

My shopping journey started as soon as I made the last payment on the 2005 years ago, and started putting funds away to help pay for the next Cadillac.  Almost all cars will need to be replaced at some point — unless you are able to keep a lot of cars — so one should plan ahead for this eventuality and budget appropriately.    It simplifies the deal if you have money in hand and know what Cadillac you want to buy.

If you have ever made payments or leased a car, then you have enough funding to save up and purchase a new or used car with cash.  All you need now is the will to do so and a plan.

My 2005 Cadillac CTS has been a great, reliable car.  But I know I will be getting a replacement, so I have planned and budgeted ahead to do so, and am shopping for the next Cadillac while my 2005 still has lots of miles left.  That’s the best way to shop for a new Cadillac — with money in hand and time to wait for the right deal.

Cadillac March 2011 Sales up slightly on strong CTS, SRX sales

Cadillac sales in March were up slightly from last year, 4.5%.

CTS sales were up 36%, and SRX sales were flat.  DTS sales dropped off 26%.  Overall this looks like Cadillac took a breather after a strong sales report last month.

Hopefully CTS Sedan & Coupe sales can climb back to 4K+ per month to offset declines in the DTS until the XTS can get to market.


March
(Calendar Year-to-Date)

January – March

2011 2010 % Chg Volume %Chg per S/D
2011 2010 %Chg Volume
Selling Days (S/D) 27 26





CTS 3,904 2,870 36.0 31.0
14,299 8,125 76.0
DTS 1,580 2,146 -26.4 -29.1
4,457 3,375 32.1
Escalade 1,201 1,269 -5.4 -8.9
3,994 3,924 1.8
Escalade ESV 632 666 -5.1 -8.6
1,980 1,614 22.7
Escalade EXT 149 159 -6.3 -9.8
469 382 22.8
SRX 4,221 4,090 3.2 -0.6
13,959 10,866 28.5
STS 475 400 18.8 14.4
1,353 965 40.2
XLR 2 39 -94.9 -95.1
1 101 -99.0
Cadillac Total 12,164 11,639 4.5 0.6
40,512 29,352 38.0

Press Release summary:

Cadillac: Cadillac reported total sales of 12,164 for March – 5 percent higher than last March, with retail sales increasing 14 percent. February was the 14th consecutive month of year-over-year total and retail sales gains. CTS retail sales continued to set the pace for the brand, rising 51 percent, driven by strong demand for the all-new CTS Coupe

*S/D Curr: 27 March



(Calendar Year-to-Date)







January – March

*S/D Prev: 26 2011 2010 % Chg Volume %Chg per S/D
2011 2010 %Chg Volume
Vehicle Total 206,621 188,546 9.6 5.5
592,545 477,322 24.1
2011 2010 %Chg Volume %Chg per S/D
2011 2010 %Chg Volume
Buick Total 15,663 12,954 20.9 16.4
44,739 32,136 39.2
Cadillac Total 12,164 11,639 4.5 0.6
40,512 29,352 38.0
Chevrolet Total ** 148,197 133,165 11.3 7.2
416,505 338,458 23.1
GMC Total ** 30,597 27,648 10.7 6.6
90,789 69,407 30.8
Brand Total 206,621 185,406 11.4 7.3
592,545 469,353 26.2
HUMMER Total 0 294 ***.* ***.*
0 855 ***.*
Pontiac Total 0 109 ***.* ***.*
0 582 ***.*
Saab Total 0 0 ***.* ***.*
0 608 ***.*

Shopping for a new Car is like Shopping for a new Wife

Smart, beautiful, efficient, fun to be with — the key attributes one might look for in a new Wife and in a new car are strikingly similar.  Although Women sometimes include ‘someone who makes me laugh’, my favorite compliment when speaking of an admirable spouse  is ‘someone who makes me want to be a better person’.  That’s what I want in a new or new to me car — one that makes me want to be a better person.

“Now, Bruce” (you might argue), “things don’t make the man.  BE the better person and eschew the constraint of ‘things”.  Okay, good thanks.  After you get back from yoga we can talk about new cars.  I think it is hard to argue that ‘things’ don’t inspire.  A beautiful sunset, a warm deserted beach early in the spring, and these wonderful mechanical marvels we call automobiles all heat my blood.

As in other things in life, you often (always?) get what you settle for.  If you want a Super Model for a Wife,  your aspirational choice has certain constraints — you will probably need to be rich, or famous, or both to be considered — and some disadvantages — your spouse may be relatively high maintenance and travel a lot.  Cars are like that too; if you want a Super Car, it takes a lot more capital to purchase, and it costs a lot more to maintain, but brings unique benefits.

The old hot-rodding questions, “How much money do you have?  How fast do you want to go?” probably apply well in considering car purchases as well (and in selecting a Spouse?).  If you can budget for a high performance, high style car, they are genuinely more fun.  However, if cost needs to be considered as an independent variable, then the question becomes what level of fun you are willing to settle for given your budget.  Choice may include a newer but more boring car, versus an older sporty car that would be higher maintenance.

Before my Wife and I got engaged, I used to joke that the attributes that I was looking for in a Wife — smart, beautiful, independent — might preclude such a person from needing a husband.  Luckily my Wife went with her wants and desires instead of strictly being driven by needs when she accepted my marriage proposal years ago.   That’s my thinking in selecting a new car too.  While it is necessary to consider budget in selecting your new car, a great car, like a great spouse,  should energize you on a daily basis.  That’s what keeps the excitement in your relationship.