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I currently own a 2005 XLR (Red/Shale) which I really like and have been considering upgrading to a V. As an alternative, I may just jump to a Z06 which, of course, is an entirely different type of vehicle - - but an outstanding one at that.

Anyway, in talking with dealers and searching the Internet I've been shocked by two things:

1) The availability of 2006 V's is incredibly large for a car that is billed as a "limited edition", and
2) The "value" of my 2005 on a trade-in (with all of 7500 miles) is dropping faster than an anvil in water.

My questions are these:

Do people on this forum believe that GM is really committed to this vehicle as a long-term key to the future of Cadillac, or are we witnessing a "blowout sale" of this luxury roadster? If they are committed, then how can inventories (and pricing) for both new and used vehicles be at the levels they are? Either someone grossly overpriced the vehicle to begin with or grossly over estimated the demand. At about 4,000 units on annual basis with 1,000 or less of those being V's what is XLR's market vs. MB's SL500/SL55? Any ideas as to GM's strategy is this regard would be helpful. The 06's are sitting there and the truck with the 07's, like Santa Claus, will soon be here.

I'd appreciate your feedback as I don't want to throw good money after bad.
 

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As you may have seen I bought a V this week for a great (undisclosed) price. My dealer had 4 Vs. I bought it as a daily driver. I had an 05 and yes they drop like a rock and so likely will the V but that did not bother me at the price i paid. The Mercedes will retain much more of its value but I don't like it near as a much.

The Z06s are now more plentiful and dealers are starting to sell them at MSRP-- a great car for the $$, but lousy fit, finish and the new Vettes have tops that fly off at awkward times ie when the car is in motion. The Z is also not much of a daily driver . I had an 05 standard C6 which had lousy paint and poor fit/finish. I know they come from the same plant but the XLR is better made and a nicer driving car. And the V is even nicer.

If you are getting a V as an investment --don't. I have had 3 Vipers (have an 05 SRT now) and the XLR is the only car that has gotten near the attention. My Vettes are ignored. If you want a limited production, exotic made in the USA blast to drive car get the V.
 
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As you may have seen I bought a V this week for a great (undisclosed) price. My dealer had 4 Vs. I bought it as a daily driver. I had an 05 and yes they drop like a rock and so likely will the V but that did not bother me at the price i paid. The Mercedes will retain much more of its value but I don't like it near as a much.

The Z06s are now more plentiful and dealers are starting to sell them at MSRP-- a great car for the $$, but lousy fit, finish and the new Vettes have tops that fly off at awkward times ie when the car is in motion. The Z is also not much of a daily driver . I had an 05 standard C6 which had lousy paint and poor fit/finish. I know they come from the same plant but the XLR is better made and a nicer driving car. And the V is even nicer.

If you are getting a V as an investment --don't. I have had 3 Vipers (have an 05 SRT now) and the XLR is the only car that has gotten near the attention. My Vettes are ignored. If you want a limited production, exotic made in the USA blast to drive car get the V.
 

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I think Cadillac is committed to the XLR for a number of reasons;
  • It is a halo vehicle. It DOES get attention and people do visit the dealership to see one.
  • They can survive very dissapointing sales. It is mostly a Corvette that is built in Bowling Green. Not the same as engineering and maintaining a an entire model and Corvette will likely not go anywhere either.
  • They are not losing money on this model.
 
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