- May 18, 2022
- V-Series Cadillac(s)?
- Former CTS-V Wagon owner, aspiring CT5V Blackwing Owner
I’m sorry this is where you landed on this decision but understand the concept of living life with a set of core principles. I think this is a case where there are no perfect solutions and sometimes in order to protect the interests of one group you need to hurt the interests of another. I totally get that this is an infringement on property rights being imposed by the manufacturer but also get that they are doing so to try to keep these limited production cars accessible to their core enthusiast clientele. I think you’d agree that GM has every right to try to control the distribution of the products they manufacture but that in this case they crossed the line into infringement on your property rights. I can only speculate that they did so only because they felt they other levers they could pull weren’t enough to get the job done. It’s easy for me to say they should just pull allocation from misbehaving dealers but my guess is if it were that simple the would have done it by now. Dealers are a strong and well funded group and it will likely take time to implement change to long standing business practices that will stand up in court. While we are on opposite sides of this issue, I do get your concerns and still see GM’s move here as a nuclear option that on balance they judged to be their best move. Sorry that this has resulted in your decision to cut ties with their products as it does look like they have plenty of interesting products to be enjoyed in the near term.2009 Tahoe Hybrid
2010 Yukon Denali
2015 Corvette Z06
2016 Corvette Z06 (Callaway)
2015 Z/28 (2nd one cause I missed my first one)
2022 CT5V Blackwing
2023 Escalade V (status 3400)
2023 Z06 (status 1100)
2023 CT5V Blackwing (was waiting for matte black color availability to order)
2024 Silverado EV (reserved)
That is my GM purchase and order history over the last decade or so. I note it not as a flex but just to convey that I have been a good customer to the brand, nothing special and there are many others who dwarf my purchase history (many who like this policy). I also note it to make the following point ...
All the above cars were sold within a year of purchase, none of them for profit ... in fact all of them lost tens of thousands of dollars in the transaction, not to mention the sales tax hits on top of that. There was no complaint from me, I enjoyed the cars and understood the price of admission for my vehicular addiction, it is my primary passion in life, I am an enthusiast to the core both on the street and on track, who is blessed to be able to afford this habit.
I will now have to do it purchasing cars from other brands that do not restrict or penalize me for doing with my possessions as I wish after I have paid for them with my money. This whilst I do not see a similar form asking dealers to agree that they will not sell these cars over MSRP. It isn't just wrong, it is insulting.
My plan was to keep the Z06 for more than a year, and despite that I am withdrawing my order anyway. My Escalade V was likely to be driven for 10k or so miles and be sold with a year, obviously not a flip as it was going to be my daily driver, so that purchase would directly be impacted by this policy. I was already reconsidering my purchase of that vehicle as GM decided to price it at $150k whilst constraining supercruise on what is Caddy's halo model, and also constrained my color choice ... this just makes that decision easier. Like I said I will also not be ordering the second CT5 V Blackwing that I was getting to replace my current one not the upcoming Silverado EV.
I enjoyed my GM vehicles a great deal, my current CT5V Blackwing is one of the best and most fun cars I've ever driven. As a long time 458 Spider owner, I know how magical these engines can be and I was really looking forward to the Z06, as I was to the Escalade V ... but I am cursed with this principles thing that's going to make me miss out on them, and I deeply resent GM for forcing me in this situation that I have to make these choices, but in the end I didn't work my ass off all my life to be restricted in my use of a product I purchase with the fruits of that labor, by a freaking car company no less.
This will undoubtedly make other customers very happy to take my spots for all these highly desired vehicles. That doesn't bother me one bit ... that's because I am indifferent as to what other people do with their money and purchases. I don't care if a stranger flips their car just like I don't care if a stranger gets my spot, those are other peoples lives and I wish everyone the best. My responsibility is to myself, my mirror, and my ethics, and I refuse to give a penny of my money to a company that penalizes my loyalty and continuing business in such a fashion.
GM will sell out the Z06 and will sell out the Escalade V. Those are not the only cars they sell, and this supply chain distortion will not last forever. I am not the only one with a long memory.
Anyway, congratulations to GM, they took me and many other of their best customers out of their brands with this policy (yes, we talk to each other), I hope it was was worth it in this poorly thought out attempt to take out a tiny subset of people who flip cars that only exist because they can't produce enough cars and will organically fade away when they gradually go back to their historical production numbers.
I wish GM and everyone the best ... but I'm done with that company with no path back to it no matter what they do, say, or build moving forward.
The whole thing is so infuriatingly stupid.
Thankfully there are plenty of car choices out there ... I'm pretty sure I'll be fine.