Projected Depreciation - CTS-V Sedan

[Bruce Nunnally]

Hmm; if Nadaguides http://www.nadaguides.com/default.aspx?l=1&w=20&p=37&f=5744&y=2009&m=1032&d=18234&vi=105783&s=307747&z=75023&c=

are close on their depreciation guesses then

Depreciation

Year 1 $21,230

Year 2 $5,207

Year 3 $4,529

a $62K CTS-V should get into the $30s next year. That would mean a 2009 CTS-V in 2011 with 30K miles; hmmm.

[Texas Jim]

That sounds fantastic...but I am not seeing that in real life.

At least so far.

The only 2009's I have seen for sale... the asking prices are still in the low 50's.

I hope you are right...or even CLOSE.

That puts it a lot closer to my budget.

I would even be willing to go low 40's for a real nice one.

But I can't work the $70,000 number into my budget.

As bad as I want one....the $70,000 just don't fit.

[Bruce Nunnally]

I have a scan on cars.com (does not paste in well here for some reason)

It shows one with 24k at $48K and one with 23k at $50K; figure $5-7K off that by the end of the summer and the new Coupes arrive?

[Texas Jim]

Thanks for the tip about CARS.COM.

Found 8 of 'em.

Ranging from $49.500 to $59.900

Assuming they continue to come down, one may be within reach by the end of summer or at least by the fall, when the 2011's come out.

Moritz Cadillac in Arlington has one for $51,900, but it is black on black.

I want either a Crystal Red or White Diamond with tan Recaro seats.

Thanks again.

I will keep watching, now that I know how to get a list of everything.

[Bruce Nunnally]

Update: 2009 CTS-V Sedan with 24k miles offered for $45K

About This CTS

Mileage: 24,186

Body Style: Sedan

Exterior Color: Black

Interior Color: Black

Stock #: B16031

VIN: 1G6DN57P890104500

So continued progress. Still a ways to go to get into the mid-30s...