Trying to trade my 08 Audi S5 for a brand new CTS-V
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Trying to trade my 08 Audi S5 for a brand new CTS-V
Not a trade in, but a complete trade. Because of the condition of GM I am thinking there are some dealerships out there that would really like to get rid of any inventory they have. My thinking is that many dealerships are going to be closed and GM cars will sell even less as we go forward because of the warranty problem if/when GM goes into bankruptcy protection. I am assuming since the S5 is in demand car even nowadays, that someone would be willing to take this deal. Any thoughts?
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I'm just not satisfied with the peformance. Every time I see a e92 M3, IS-F, or C63, I feel sad, because I know if I just waited 3 or so more months I could have got that next level performance car (0-60 in low 4s, 1/4 in mid to high 12s, 0-100 mph near or under 10 sec, etc). The S5 frankly is just a tad bit boring to drive.
#4
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Do it, but Audi resale is not as high as you might think because of reliability. You would get more from an Audi dealership because they could resell the car as "certified" pre-owned, but then of course you couldn't trade for a new V. Biggest complaint I have heard about the S5 is that it is on the slower side and in much need of an intake, tune and exhaust! In regards to the CTS-V, they are still selling at sticker because they just came out so there is no way in hell a dealer will trade a used S5 for a new CTS-V, but give it time and the price will drop.
#5
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Any thoughts?
Even if you get a break on the new CTS-V price, you're still going to take a real bath on first-year depreciation on an S5. Is it worth it, just so you can say you have 500 HP+ under the hood? Not IMO....but it's your money.
I'd also look into what insurance is going to run on a new CTS-V.
And consider this: You say the S5 is "boring" because it doesn't do 0-60 in the low 4's. Suppose you dump your S5, clean out your bank account for a new CTS-V, and then decide that IT is boring because it doesn't do 0-60 in the low 3's like a Ferrari Enzo or in the low 2s like a Bugatti Veyron? In other words, where do you stop? I have to assume that you don't own your own bank.
So, I'm not saying don't get a CTS-V if you really want one, but my point is.....just stop and think about it a little before you start committing to that kind of money, and the reasons you are doing it. You may decide it isn't worth it.
Last edited by mmarshall; 04-28-09 at 01:57 PM.
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I'll give you mine.
Even if you get a break on the new CTS-V price, you're still going to take a real bath on first-year depreciation on an S5. Is it worth it, just so you can say you have 500 HP+ under the hood? Not IMO....but it's your money.
And consider this: You say the S5 is "boring" because it doesn't do 0-60 in the low 4's. Suppose you dump your S5 and clean out your bank account for a new CTS-V, and then decide that IT is boring because it doesn't do 0-60 in the low 3's like a Ferrari Enzo or in the low 2s like a Bugatti Veyron? In other words, where do you stop? I have to assume that you don't own your own bank.
So, I'm not saying don't get a CTS-V if you really want one, but my point is.....just stop and think about it a little before you start committing to that kind of money, and the reasons you are doing it. You may decide it isn't worth it.
Even if you get a break on the new CTS-V price, you're still going to take a real bath on first-year depreciation on an S5. Is it worth it, just so you can say you have 500 HP+ under the hood? Not IMO....but it's your money.
And consider this: You say the S5 is "boring" because it doesn't do 0-60 in the low 4's. Suppose you dump your S5 and clean out your bank account for a new CTS-V, and then decide that IT is boring because it doesn't do 0-60 in the low 3's like a Ferrari Enzo or in the low 2s like a Bugatti Veyron? In other words, where do you stop? I have to assume that you don't own your own bank.
So, I'm not saying don't get a CTS-V if you really want one, but my point is.....just stop and think about it a little before you start committing to that kind of money, and the reasons you are doing it. You may decide it isn't worth it.
Thanks for the input, but I wasn't planning to do the trade unless I could get this trade done with little or no money other than my car as a trade. The reason being that the only reason I came up with this idea is because the condition of GM and likelihood it will go into bankruptcy. I dont care how good a car the CTS-V is or how in demand it is, I should be able to get the deal if the freakin company is in bankruptcy.
Also, for me the line between the S5 level's performance and the next level (ones I mentioned) is exactly where I draw the line of good performance vs great performance. Reason being that all the cars I mentioned (e92 m3 level) are all on par with E55 AMG performance which is more than fast enough for me. The difference between the S5 and next level performance is quite big and that next level performance is just enough for me.
#7
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Thanks for the input, but I wasn't planning to do the trade unless I could get this trade done with little or no money other than my car as a trade. The reason being that the only reason I came up with this idea is because the condition of GM and likelihood it will go into bankruptcy. I dont care how good a car the CTS-V is or how in demand it is, I should be able to get the deal if the freakin company is in bankruptcy.
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#8
Just because they may go bankrupt doesnt mean they are going to give inventory away. It's probably easier for them to move a brand new CTS-V rather than your used S5, you realize that dont you? Also, like with most businesses that do go bankrupt prices dont hit rock bottom until they VERY at end of the line - I dont think GM is quite there, yet. The longer you wait, the more feasible this idea may be, but by then who knows what kind of selection you'll have on a CTS-V and by that time taking a trade-in may not even be an option for them. Why would a dealer, seemingly, going out of business want to take a car in as a trade?
BTW, S5s with bolt-ons sound awesome!
BTW, S5s with bolt-ons sound awesome!
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The motivation would be that they would receive a car that they would be able to sell. First, the S5 is a car that is still in high demand, there are still months wait for people to order a new car. Second, the biggest reason any GM brand will have a hard time selling a car is with warranty/maintenance issues once the company goes into bankruptcy. Now its most likely that they will emerge from bankruptcy but most people won't want to take the risk and buy a car that might not have the proper warranty, especially one that costs over 60 grand. Therefore, the motivation would be that they would actually be able to sell my car vs having to hold a Cadillac in the lot for months or even years as it depreciates in value.
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Just because they may go bankrupt doesnt mean they are going to give inventory away. It's probably easier for them to move a brand new CTS-V rather than your used S5, you realize that dont you? Also, like with most businesses that do go bankrupt prices dont hit rock bottom until they VERY at end of the line - I dont think GM is quite there, yet. The longer you wait, the more feasible this idea may be, but by then who knows what kind of selection you'll have on a CTS-V and by that time taking a trade-in may not even be an option for them. Why would a dealer, seemingly, going out of business want to take a car in as a trade?
BTW, S5s with bolt-ons sound awesome!
BTW, S5s with bolt-ons sound awesome!
Like I said, I am assuming that even a CTS-V will be a hard sell once GM proceeds to go into bankruptcy protection. I don't think there are many people out there willing to shell out 60 grand for a car that might not have warranty.
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You're gonna take a pretty big hit on this trade. No way it comes out close to even. Let's not forget that the CTS-V is more expensive than the S5 in the first place. So really, you are asking to trade a used cheaper car for a new more expensive car. It doesn't make any sense. Plus, Cadillac is to be retained as part of GM's core brands. It's not like you're trying to trade for a G8...
#14
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Keep your S5, take it to http://gmgracing.com/home.shtml and forget the V.........cadi's are for cougars with blue hair and gynecologists
http://www.youtube.com/watch?v=a-ZbhxDCC8s
Sick
http://www.youtube.com/watch?v=a-ZbhxDCC8s
Sick
#15
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I'm just not satisfied with the peformance. Every time I see a e92 M3, IS-F, or C63, I feel sad, because I know if I just waited 3 or so more months I could have got that next level performance car (0-60 in low 4s, 1/4 in mid to high 12s, 0-100 mph near or under 10 sec, etc). The S5 frankly is just a tad bit boring to drive.
Go for it!