2014 Cadillac CTS priced

[larry'sown]

$46025 for the 2.0T and $59995 for the 3.6TT. No pricing for the NA 3.6L and both prices include destination. Anyone interested?

 

[mtrot]

$46025 for the 2.0T and $59995 for the 3.6TT. No pricing for the NA 3.6L and both prices include destination. Anyone interested?

No, not only too expensive, but Cadillac is still on my "no buy" list because of the government takeover which disregarded bankruptcy law, basically giving the company to the unions and screwing over the preferred bondholders.

 

[WowCool]

Very Unimpressed by the "C" ...

 

[Cut-Throat]

No, not only too expensive, but Cadillac is still on my "no buy" list because of the government takeover which disregarded bankruptcy law, basically giving the company to the unions and screwing over the preferred bondholders.

The Government made a Profit with GM. Turn off Fox News and Educate yourself. The GOP has been busting Unions and destroying the middle Class for 30 years. If it wasn't for the Bailout GM would be gone, The bondholders would have gotten nothing and Hundreds of thousands of Jobs would have been lost. Do you know who Herbert Hoover was?

I suppose you liked the Economy better in 2008- 2009 ?

 

[Mark_888]

The Government made a Profit with GM. Turn off Fox News and Educate yourself.

That does not appear to be the case. According to the LA Times (known to be a very liberal newspaper):
http://www.latimes.com/business/autos/la-fi-hy-taxpayers-loss-gm-bailout-20130607,0,3122760.story

Taxpayers' loss on GM bailout looks to be about $10 billion

LA Times
By Jerry Hirsch
June 7, 2013, 10:13 a.m.

The U.S. Treasury’s deal to sell 30 million shares of General Motors Co. will recoup taxpayers another $1 billion of the bailout money the government put into the automaker back in 2009.

All told, taxpayers have recovered $32.5 billion of the $49.5 billion used to restructure the nation’s biggest automaker. The government also still owns 189 million GM shares, worth about $6.5 billion at the $34.41 share price that the Treasury got for the batch of stock it sold this week.

If the Treasury is able to liquidate its remaining stock, as it plans to do over the next 15 months, at that price or above, the government will still be short about $10 billion on its GM investment.

However, Treasury officials say that the goal of the auto industry bailout was to save the industry and jobs rather than make a profit on the investment.

 

[Mark_888]

Very Unimpressed by the "C" ...

I guess you are short on cash, and can't afford to buy some vowels (and consonants) from Vanna?

 

[Cut-Throat]

That does not appear to be the case. According to the LA Times (known to be a very liberal newspaper):
http://www.latimes.com/business/autos/la-fi-hy-taxpayers-loss-gm-bailout-20130607,0,3122760.story

Taxpayers' loss on GM bailout looks to be about $10 billion

LA Times
By Jerry Hirsch
June 7, 2013, 10:13 a.m.

The U.S. Treasury’s deal to sell 30 million shares of General Motors Co. will recoup taxpayers another $1 billion of the bailout money the government put into the automaker back in 2009.

All told, taxpayers have recovered $32.5 billion of the $49.5 billion used to restructure the nation’s biggest automaker. The government also still owns 189 million GM shares, worth about $6.5 billion at the $34.41 share price that the Treasury got for the batch of stock it sold this week.

If the Treasury is able to liquidate its remaining stock, as it plans to do over the next 15 months, at that price or above, the government will still be short about $10 billion on its GM investment.

However, Treasury officials say that the goal of the auto industry bailout was to save the industry and jobs rather than make a profit on the investment.

Yes, the initial investment may currently still be down $10 B, but what you fail to realize is what would have happened without it. There are many other profits from other auto suppliers that are not being measured. Without the Auto industry, the financial losses would have been catastrophic.

To put it in perspective the Iraq war costs 12 Billion Per month!!! And yet we have a post about losing $10 Billion, without considering the alternative.

The $10 B will eventually be paid in more ways than one.

 

[WowCool]

Mark_888
I guess you are short on cash, and can't afford to buy some vowels (and consonants) from Vanna?

Actually Yes.. Just purchased a New Rolex & Leica M...
please send a few $'s -> iNeedmoni@tx.com

 

[landtuna]

$46025 for the 2.0T and $59995 for the 3.6TT. No pricing for the NA 3.6L and both prices include destination. Anyone interested?

This is not a Caddy board. Please sell your junk elsewhere.

 

[WowCool]

"This is not a Caddy board. Please sell your junk elsewhere"

Sanity At Last............

______________________________

Help support this site so it can continue supporting you!

 

[larry'sown]

This is not a Caddy board. Please sell your junk elsewhere.

Uh, 'cuse me? I am not a salesman by any means. I was just curious to see who was going to check out the 2014 CTS since that will compete directly with the 2014/15 Genesis. While that is a lot of coin, I am definitely going to check it out and weigh my options.

 

[larry'sown]

Furthermore, I don't recall any such disdain for the RLX thread.

 

[Mark_888]

Yes, the initial investment may currently still be down $10 B, but what you fail to realize is what would have happened without it. There are many other profits from other auto suppliers that are not being measured. Without the Auto industry, the financial losses would have been catastrophic.

To put it in perspective the Iraq war costs 12 Billion Per month!!! And yet we have a post about losing $10 Billion, without considering the alternative.

The $10 B will eventually be paid in more ways than one.

I didn't comment on whether it was a good idea to bail out GM, only on your statement that:

The Government made a Profit with GM. Turn off Fox News and Educate yourself.

We don't really know what would have happened if there was no government bailout of GM. Certainly GM would have gone bankrupt, but they went bankrupt anyway, so not sure what the difference would have been (other than the US saving $10 billion).

Every major US airline has gone bankrupt, except for Southwest Airlines. Going bankrupt almost always did not stop their operations or cause massive layoffs, it just allowed them to discharge their debts. These bankruptcies were done without government subsidies. Among the majors, only Eastern Airlines ceased operations (mainly because they could not get union concessions). Most major foreign airlines are government owned.

 

[SmoovC]

The Government made a Profit with GM. Turn off Fox News and Educate yourself. The GOP has been busting Unions and destroying the middle Class for 30 years. If it wasn't for the Bailout GM would be gone, The bondholders would have gotten nothing and Hundreds of thousands of Jobs would have been lost. Do you know who Herbert Hoover was?

I suppose you liked the Economy better in 2008- 2009 ?

 

[LA Genesis]

I am interested and will take a serious look at this car. The price is a concern and could be a deal killer. I think Cadillac quality is higher than Hyundai's but the G will probably continue to be a great value. The next generation G is drawing mixed reviews here for styling but I like the look a lot.

It could possibly come down to the new G or the CTS for me but I haven't begun my search yet.

 

[mtrot]

The Government made a Profit with GM. Turn off Fox News and Educate yourself. The GOP has been busting Unions and destroying the middle Class for 30 years. If it wasn't for the Bailout GM would be gone, The bondholders would have gotten nothing and Hundreds of thousands of Jobs would have been lost. Do you know who Herbert Hoover was?

I suppose you liked the Economy better in 2008- 2009 ?

Sorry, but from what I understand, the GM stock price must reach ~$53/share in order for the taxpayers to be made whole. But aside from that, they still broke the bankruptcy laws, which is not good. People buy preferred bonds because they know, or thought they knew, that, in the event of a bankruptcy, they will GET PAID FIRST(that's why they are called preferred bonds) from any balance in the company. Who is going to put up the money if they can't count on the law being followed? I know I would not, after seeing how they ignored the law.

 

[mtrot]

I didn't comment on whether it was a good idea to bail out GM, only on your statement that:


We don't really know what would have happened if there was no government bailout of GM. Certainly GM would have gone bankrupt, but they went bankrupt anyway, so not sure what the difference would have been (other than the US saving $10 billion).

Every major US airline has gone bankrupt, except for Southwest Airlines. Going bankrupt almost always did not stop their operations or cause massive layoffs, it just allowed them to discharge their debts. These bankruptcies were done without government subsidies. Among the majors, only Eastern Airlines ceased operations (mainly because they could not get union concessions). Most major foreign airlines are government owned.

Bingo, to your whole post. The bailout was not about saving GM or the auto industry. It was about preserving the current union position and power. I am confident that if they had allowed this to take it's course and have a true reorganization, private investors would have RUSHED in to buy these assets and a new GM, or admittedly another name company, would have risen from the ashes without the burden of mandatory unions. Yep, like Boeing, they may have moved the whole thing to Alabama, but the resulting company would have been so much more able to compete against the companies who are not having to pay for the whole union structure and costs.

 

[Potty_Pants]

Why the F would i spend 60K on a CTSV v-6TT ?????

when i can spend the same amount of money on a 3 series ????
Sorry BMW wins this battle.

Drop $10K off the price and it's more palletable. 40K for 4cyl TT, 50K for 6cyl TT, 70K for V8SC. Why even have a NA v6 in the mix ( i know die hard NA customers, take the nipple out and they will get used to FI, Just like the switch from analog to digital).

Remeber this is prob the base model before options.

C'mon Hyundai Make an ATS/3series version with a V6TT...
C'mon Hyundai Make a FI engines for the Genesis V6 and V8 !
C'mon Hyundai Make electronics for performance drivers !!
C'mon Hyundai Make some side bolsters for the seats !!!

ppp

p.s. yes i would by a CTS but not at those prices.

 

[JasTheAce]

anyone else confused as to why cadillac priced this ABOVE the xts?

 

[landtuna]

Uh, 'cuse me? I am not a salesman by any means. I was just curious to see who was going to check out the 2014 CTS since that will compete directly with the 2014/15 Genesis. While that is a lot of coin, I am definitely going to check it out and weigh my options.

Sorry, but your post didn't come off like you intended (at least to me).

If you are really interested in publicizing multiple vehicles you should post a comparo or at least a link so readers could follow why you think another car may be a better choice than the Genny.