SubscribeThe Chicago Cadillac CTS has been rated as the full-size car with the best resale value by Kelly Blue Book, which is significant given its affordability as a new car.
Not only does the CTS pay off for owners who sell their cars after a few years, it pays off for buyers who purchase those pre-owned CTS models. Any Cadillac CTS Chicago owner knows this. That’s why you find so many buyers flocking to new and used Cadillac Chicago dealers to purchase this car.
From Cadillac’s press release:
While most car buyers today consider sticker price one of the most significant numbers when choosing a new vehicle, the editors at Kelley Blue Book’s kbb.com recommend that shoppers consider a number they won’t find today on any window sticker: its resale value. Depreciation often is the greatest expense incurred by drivers during the first five years of vehicle ownership. An average vehicle will only retain about 35 percent of its original value after a five-year ownership period, meaning that a $50,000 new car today will only be worth somewhere close to $17,500 after five years. Vehicles with average or below-average resale values are generally plentiful in the marketplace and easy to find, such as models found in rental fleets. But certain vehicles are projected to hold their value better than others. While much of a vehicle’s resale value is based on supply and demand as well as current and projected future market conditions, vehicles that maintain their value best are quality-built and generate consumer enthusiasm.
Vehicle shoppers should take several factors into consideration when buying a new car to ensure as much future value as possible. Certain features available on new vehicles today will be desirable by a majority of used-car buyers three to five years down the road, and these features will help the vehicle maintain more of its original value than if they were absent. First, car-buyers should choose a popular exterior color such as silver, white, gray or black. Then, car-buyers should choose optional equipment that is customary for the type of vehicle they are buying. For instance, if you are buying a luxury sedan choose automatic transmission versus a manual transmission. Equipment and options that are popular with a broad spectrum of used-vehicle buyers include antilock brakes (ABS), alloy wheels, audio system with MP3/iPod compatibility, power-operated leather-covered seats, cruise control, remote locking and navigation system.
I’ve always tried to preach resale value, but usually that involves buying practical, less stylish cars. But Cadillac CTS Chicago owners know this car is the sporty, stylish solution to that problem. It is practical and extremely stylish.
Given how well the CTS retains its value, used Cadillac Chicago dealers have a lot of pre-owned CTS models that are excellent options for buyers wanting a used car that is reliable and marketable.
