Why are used caddy CTS so cheap?
Dealers near me are selling cts mid 2000s with about 60k for around 10-12k$ What gives? Did they have some big maintenance problem? Caddy make a ton of them?
Posted Nov 24, 2013, 10:16 PM UTC
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An '05 Lexus IS will be in the same range. It's a luxury car, they depreciate, especially when they are two generations old.
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The Lexus will be much more reliable.
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Not sure why you're being downvoted... Its 100% true.
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Because reddit. It is true. I'd take a 15 year old Lexus over a 5 year old Caddy any day.
I had a 2000 Toyota Solara V6. It was a trade in at the Toyota dealer I worked at, 1 previous owner, excellent shape. It was due for it's 90k service (timing belt was due among other things).
I put 100k on it before I sold it, hard miles, it saw redline at least 5 times per week. Aside from maintenance (oil changes, trans flushes, coolant flushes, brake pads) the only repair I had to do was replace an ignition coil and replace a serpentine belt tensioner.
I sold it to a friend, he still has it and beats the snot out of it. It has 240k on it now, the only thing he has done aside from oil changes is replace a minor seal on the engine. It still has the original timing belt!
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It is a 2 generation old luxury car. They car have also moved upmarket in those two generations. A first generation CTS wasn't in the same class as the current car.
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DAT MAINTINENCE!!! lol
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Full size luxury car depreciate the fastest. Especailly when its not high end verison IE M AMG or CTS-V.
You would be much better of financing a New car then trying to keep up maintaining a 525 or a S500.
Its not just Cts btw
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They fall apart and are expensive to maintain... also nothing really special about them either
I can believe that, I just wonder if I can find any evidence that they tend to fall apart. I haven't driven one so I can't comment on whether ore not I find them special..
Here are some reviews from owners.
Nice, thank you for that. The star ratings on those reviews rarely match the text, which is odd. They explain a lot though. Thank you
They're junk and expensive to maintain. Do not buy one unless you plan on dumping money into it every other month.