Why Are Used Cadillacs So Cheap?
2 Answers
Cadillac has a very poor resale value in the used car market, primarily due to unstable new car sales and overly slow model updates. To maintain market relevance and boost sales, Cadillac often offers vehicles at very attractive discounted prices. These new car discounts naturally introduce significant depreciation in the vehicle's inherent value. Below is an introduction to the Cadillac CT5: 1. Body Dimensions: The new car measures 4924/1883/1453 (1445) mm in length, width, and height, with a wheelbase of 2947 mm. 2. Powertrain: The domestically produced Cadillac CT5 is equipped with a 2.0T variable-cylinder turbocharged engine, delivering a maximum power of 174 kW and a peak torque of 350 N·m, while also meeting the China VI emission standards. The transmission system is paired with a 10-speed automatic manual transmission.
Last time I bought a used Cadillac, I found it ridiculously cheap, mainly because new cars depreciate so fast. As an average middle-aged guy who's been driving for over a decade, I think luxury brands are like new smartphones - they lose half their value the moment they leave the dealership. Cadillacs are expensive when new but worthless used, and the problem lies in the high maintenance costs. For example, the fuel consumption is terrifying - my old XTS's monthly gas bill could cover two regular cars. Repairs are especially pricey too, with one major service costing me thousands. Plus, some models have poor reliability reputations, like transmission issues being common, which makes many buyers afraid of the hassle and drives down resale prices. The used luxury car market is flooded, and Cadillac lacks the brand cachet of Mercedes-Benz, further depressing values. I think buying one is okay, but you've got to calculate the long-term costs carefully - don't just jump at the low price, or your wallet will weep.
