So, who keeps track of the used car market prices?

[BimmerFan]

As I ponder a new DD to take the load off of the BW, I also consider just selling the BW as it is an expensive car to keep as a "spare" and I do have limited storage space. I hate to see it go, but life must continue.

I proposed it to BaT, and they want a 80K reserve. I think that's low, I think 85 is more likely, and briefly shopping on autotrader, it seems that most comparable cars are listed at $90K and up.

My car is a 2023, black/black, no options, 6-speed, 10K miles. No accidents, original engine, no racing/launches/track. What says the forum braintrust on its fair market value?

Thanks!

 

[565565]

Prob only worth like 50k. Makes no sense whatsoever to sell it.

 

[BimmerFan]

Prob only worth like 50k. Makes no sense whatsoever to sell it.

Good point. I should have expanded the poll options.

Even though I've changed my mind, I'm going to leave the poll up to see what kind of answers we get.

 

[quikag]

What was window sticker? Can you post it?

 

[KnightI2]

I dont "expect" any particular number. I did click 95k for your poll though Bimmer. I did so only from watching Autotrader from time to time as I do.
It seems that a high spec car like mine all but sunroof, can not be touched for less then 91k for the past few months when I looked. The last few weeks I could not see one for under 99k with more than a handful being in the 105K+. Take that for whats it worth as they say.

 

[fordperfaddict]

that spec is stickered at about 100K with no options correct?

 

[BimmerFan]

that spec is stickered at about 100K with no options correct?

What was window sticker? Can you post it?

I don't have it handy, but I seem to recall that it was around $100K OTD, back in 2023. A base 2025 CT5VBW is now $97,600 plus destination, so call it $99K.

 

[Finally-a-V]

Prices are really all over on these cars, but I'd think (sadly) for a 23 with basically no options, no carbon, but good miles, I'd think $85K.

 

[VBhak]

Good point. I should have expanded the poll options.

Even though I've changed my mind, I'm going to leave the poll up to see what kind of answers we get.

You sound like me right now! lol.

I was going to trade it in due to life changes (my commute changed and I don't want this expensive of a garage queen), but then changed my mind after being low balled at several dealers for trade in.

I've settled on keeping it, but prices are again rising, reigniting my interest.

I'm sure by tomorrow I will again be content keeping it. lol. (the problem always comes when test driving other cars -- this is the ONLY one that is excels at everything it is meant to do -- GT, track, cruise, luxury, bring my kids along, etc)

 

[NorCal Blackwing]

Every time I start to think about this question, I ponder what other (new) exciting manual V8 RWD sedan I would want to trade it for, and then stop thinking about that question

In all seriousness, it's hard to judge the market on a niche car like this. The early wave of 'collectors' bailed when it became evident that Cadillac would keep on making as many of these as they could sell. You have to have a fairly uncommon set of priorities to really want a manual BW now.

I used to trade in and out of cars every couple of years, but with this one I harbor fantasies of being the guy that keeps one for over a decade and over 100K miles as the single original owner, accumulating my own stories and adventures on it. Maybe I'm just getting older now, maybe it's a bit of 'lessons learned' after dumping a manual CTS-V Wagon and an NA1 NSX at the bottom of their respective depreciation curves...

 

[BimmerFan]

Every time I start to think about this question, I ponder what other (new) exciting manual V8 RWD sedan I would want to trade it for, and then stop thinking about that question

The problem is, V8 RWD aside, is the changing marketplace, and increasing technology in cars. So, any new medium-sized luxury or near luxury sedan is going to have a 4-cylinder engine, with the luxury (BMW, Audi, M-B) lines optionally providing a 6. Either way, it's going to be a "mild hybrid" or worse, adding huge complexity to the drivetrain, and weight, and they all seem to have these massive infotainment/instrument panels with incomprehensible interfaces, and lackluster styling. If you want a V8, you're talking big bucks, typically a "sports" edition like the M5/S6 or AMG variants, which seem to all come with unnecessarily harsh suspension and hideously inflated prices.

What I'm trying to say here is that any excitement or engagement is becoming more and more rare. As the cars get more capable and technologically sophisticated, they are less involving and the driving experience, with drive-by-wire and smart cruise and other crap, is more remote. Our Caddies are chock-full of a lot of tech, but they're still kind of a throw-back to the stuff that most of us grew up with. Imagine how awesome our cars would be with hydraulic steering and if they didn't have that brake-by-wire nonsense.

 

[Finally-a-V]

4 Cylinder engine!

What I'm trying to say here is that any excitement or engagement is becoming more and more rare

It's called an appliance.