2009 CTS-V Priced (employee price update)

Over 20 Grand less than an M5

Starting price of $59,995 which includes gas guzzler:

MSRP: $57,920.00

  • $1,300 gas guzzler
  • $750 destination

http://media.gm.com/servlet/GatewayServlet?target=http://image.emerald.gm.com/gmnews/viewmonthlyreleasedetail.do?domain=74&docid=49565

11/04 Update:

"As far as the Guzzler tax, there’s been quite a bit of speculation. The final verdict is Level 3 ($1,300). For comparison, the M5 is a level 7 ($3,700). For anyone curious how the EPA decides this, here’s the table:

http://www.cadillacforums.com/forums/picture.php?albumid=188&pictureid=1251
"

Employee Price:
$51,409.20 + $775.00 (destination) + $1,300 (gas guzzler)
+extras

Also $2,000 cash back for the rest of the year

:tup: now just if i could buy one

Some info taken from the V forum:

"I know that M5 offers some things that the CTS-V doesn’t (like HD radio and sunshades), but almost all the things I mentioned are options on the M5. For a base price of $85,925, here are a list of things you have to pay extra for that are standard on the CTS-V:

-Satellite radio: $595
-iPod hookup w/USB: $400
-Comfort Access (keyless unlock and start): $1,000

So for comparison’s sake, getting the M5 to the same standard equipment level as the CTS-V requires another $1,995 in options, which brings the total to $87,920- that’s approximately $28,000 more than the Cadillac, which is a lot of spare change. If I had 90 grand to blow on cars, I’d rather buy a 2009 CTS-V and either a Cooper S or Cobalt SS than one M5. I know there are people that disagree, but if two cars are $28,000 apart in price, the more expensive one ought to be a much more impressive piece- the M5 is not.

I know that each one has certain features the other doesn’t, but I still find the fact that they make common features like Satellite radio and keyless start optional on an $86,000 car to be ridiculous."

For that money I would just get it over with and buy a vette…

Replacing a family sedan with a 2 door is not an option for some people.

People say you will lose that $28,000 as soon as you buy a caddy.
How many Vs are they producing?
I would think it would hold a decent value.

Wow. They are not exactly on par with each other, but to come in 25% cheaper… wow.

I would agree with that statement.
It is on par in performance stats, but I am sure there are other things that the BMW might do better.
I can’t wait to drive both.

Closer to 50% more.

Oh, and in it’s own right: Cadillac’s 556-hp expression :eek:

I wouldn’t exactly say they aren’t on par with eachother but that’s probably going to start a huge argument.

:tup: for a fair starting price though.

John F. Howell, product director, says the plant could make as many as 8,000 CTS-Vs if demand develops.

That would equate to about 10% of CTS production, which has been averaging about 6,000 units per month. Howell expects annual CTS volume to be 70,000-80,000 units.

A first-year sales target of 8,000 units is “a little optimistic,” Howell admits. But there has been a lot of interest in the car at dealerships and on the Internet, he adds.

BMW of North America LLC says M5 sales totaled 988 units in the U.S. through July 31, about 60% of worldwide sales.

You can buy 06 M5’s for $50k from $90K so that isn’t holding it’s value like a government back security either.

That explains resale.
8000 compared to 988.

Maybe I could get one next spring with 5000 miles on it for cheap.:eekdance:
That would be schweet.

wow, with GMS these aren’t unreasonable at all…

to baller for my balls

Here is the volume numbers for the V1:
MY 2004 CTS-V total = 2,461
MY 2005 CTS-V total = 3,508
MY 2006 CTS-V total = 1,162 (8 month production then they switched to 2007)

I can’t find 2007 data

In 2007, employee price was 11.2% off of MSRP for the CTS-V

they will drop value…

the problem is that even if you’re better than “the benchmark”, you’re still not the benchmark.

The Benchmark does’t hold value either.
The closer these things get to being out of warranty the faster they depriciate it seems.

I would wait 6 months and get and executive leased car and CPO it for a 6 year 100,000 warranty.

Do I like the CTS-V? Yes. Hell I almost bought one of the last generation ones. However theblue puts it perfectly. You are still not the benchmark.

bigron - if you compare the speed at which they drop in value, I think the % of MSRP will fall a lot faster on the CTS-V. I think this is due to more people wanting a used M5 compared to a used CTS-V.