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Autonews: Strong Residual may help sell CTS


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DETROIT -- The redesigned 2014 Cadillac CTS sedan began arriving in showrooms last week with a relatively strong residual value, which should help General Motors offer a competitive lease to offset a big price hike.

Last week, ALG, a research company that monitors and projects vehicle values, assigned an average forecasted residual to the CTS sedan of 48 percent after 36 months. That's stronger than the 46 percent average of its luxury peers and improved from the 41 percent residual on the outgoing 2013 CTS sedan, ALG says.

Bruce

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