Most vehicles in that class do - including the S. To demonstrate:
2014 S550 MSRP was 96500. Current prices are about 54300. That's a 44% depreciation in 3 years.
2014 750i MSRP was 88200 when comparably equipped. Current prices are about 49000. That's also a (high) 44% depreciation in 3 years.
and $200,000 vehicles have even more depreciation...I am not sure what your point was
You used a 7 series and I said the S class has had better resale than a 7 series
BTW..your numbers above look high on a 7 series and too low on the S class
btw...since we disagree about classes and prices
What does the new
Cadillac CT6 compete with?
That's anecdotal as far as an analysis goes. Just because something sells more doesn't mean it is better nor that it will retain a higher value. Bose and Beats sell more headphones than almost the entire rest of the industry combined... that doesn't mean their product is any good - and the reality is they have both been the biggest insult & black eye to the personal audio world since the introduction of the ipod. And how many years did the Ford Taurus hold the top domestic sedan sales figures through the 90s and 2000s? And we all know how much of a piece of shit car that was... and still is today.
However - to that effect... a 2014 Taurus had an MSRP of 26800. Today it sells for 15000. That's a 41% depreciation in 3 years. Notably less than the BMW 7 or the S class. Does that mean it is a better car? No. Does that mean it is a better value? No. In reality it doesn't prove anything other than something else I have been saying all along: Higher class cars depreciate more rapidly. This is why the S depreciates faster than the G2. This is also why the G90 will depreciate faster than the G80.
Give me an example of cars that sells a lot more in the same price range that doesn't hold better resale?
I use the sales figure..in total ,as the car holding the banner for the class
In the same price range of car depreciation can vary widely
Hence my example of comparing the 3 series to the G2
They are close to the same price new...there is a difference and based on the 3 series compared to the first generation Genesis there will be a few thousand dollars difference in 5 years
I say this with pretty good certainty because the G2 is pricing out( in the market) the same way the first generation did
BTW....what is a 3 year Genesis resale retention?
I see about 50% for a 3 year old car with 35K miles
Because the G2 depreciates slower than the comparable equipped 5 series. I've posted those numbers before. I'll not do it again. Scroll up if you want to see them. Does it still depreciate a lot? Yes. But it does depreciate slower. While we will not know for sure until 3 to 4 years after the G90 is out - I have confidence in seeing a similar trend there as well.
I might also add - not even your beloved Merc is immune from the depreciation monster. A 2015 E350 4matic equipped to match a 2015 G2 AWD Ultimate had an MSRP of 72000. Current market value is 45500 - a 37% depreciation in 2 years.
The G2 MSRP was 53000 and has current market value of 39400. 26% depreciation. 11% less than the 350. Numbers don't lie. Merc doesn't hold value. It never has. None of the Germans have.
Again...you can use cars of large gaps in price to analyze resale
You should compare a G2 to the sales leader in this price range...the 3 series...where it certainly does not compare well
I use an E class, the leader in sedans for that price range, for comparison to an Equus...where the Equus does not deliver the resale of the E class
Shall we discuss the Kia K900...at almost 50% in 1 year?
From $68K to $34K for a certified 2015 with 20K miles available in my market
But..a great value for $34K...IMO...nothing even close to that technology for that price
And I will state again
I could not be more satisfied for what I paid for my certified Equus
It was about a used 3 series price
That actually IS what I said. The higher class cars - regardless of manufacturer - will have higher depreciation rates. The G90 is no exception to this rule.
and based on the large discounts on the G2...one can only expect it to be larger on the G90
Like I said earlier and I think we have a C note on the table...

When the G90 s widely available...I speculate
1. It will be discounted like the Equus was ..and will hold about the same resale
2. In no way will it outsell the Lexus LS460....which itself is not burning up any sale records in the last few years
3. I predict the sales leader in the price range with be the new Mercedes E class...and even when that car is widely available ...the discounts will not be anywhere near the G90 discounts to move them
Yep - looking forward to getting a good of a deal on my CPO G90 as I did on my CPO G2. I am also looking forward to both holding their value longer than their E/S/A6/A8/5/7 counterparts as well.
in no way...will a 3 year old G90 be worth as much as a 3 year old E class
that is part of our bet..
No, I don't. Leasing has nothing to do with owning. I drive waaay too many miles to lease, and I keep my cars waaay too long. Leasing works for many - but does not work for me.
I was suggesting you lease
I was stating to use the lease as a calculation factor
Manufacturers etc set residuals for a lease
They sometimes artificially inflate the residuals to move cars and lower lease payments
So..in theory..cars in the same price range should have the same lease payment
But..resale varies so widely in the same price range..they have to inflate the residual to get the payment competitive
My example...a G2 lease should be WAY more than a 3 series lease payment based on their resale value at the end
But..its in fact almost the same but Hyundai is having to "eat" the difference to move since they know they will never lease a G2 when someone asks why its $150 a month more than a 3 series
No, that's not what I said. I said the finish in the G2 is close enough to that of a 5 and A6. I also said that Merc finishes are actually rather gaudy in nature and come across as trying too hard just for the sake of doing so. Much like the Equus does. It actually detracts heavily from the appeal.
Close enough for you is not close enough for others
I dont think the G2 is really better than the first generation genesis in regard to interior ...I would say they are different..but one is really not better
But that is my opinion
As for the Equus...I like the interior...excluding a few things that feel like they are from a much cheaper car
It has more wood in it than any Hyundai past or present....that happens to be one of my litmus tests of finishes is the amount and quality of the wood trim
Though sadly...there are no different wood options available in the Equus
Something that even a 3 series has
I also said that good & smart tech is what will help keep the Genesis more affordable - vs. those who throw what is honestly silly tech in simply because they have run out of innovative things to do. Cases in point include fragrances, gestures in the air for phone and volume control, and creep-along garage parking.
Yes, we all have - in one of the 3 previous times you have posted it.
I actually like the garage parking and street parking assistant as well as a few other features
But..I am a fan of technology
Quite honestly..if I wasnt..there are far cheaper cars that have a lot of features
The Chrysler 300 comes to mind
Glad you have seen the video...then you can really see the video and differences in finishes and feature set
Yeah, it probably will be... partially because of the lane changing (Tesla already does that btw) and partially because of the dashboard tech. The larger part will simply be because of historical heritage, brand recognition and international presence. This is something that not even any other German car company has. I might also add that it is the same reason why Ford also sells the most of any US brand, and has consistently for decades. That still doesn't mean their product is any good.
That being said - expect the G80 to have the lane-change thing and an updated dash display for 2018... or 2019 at the latest. The G90 will probably get it for 19 or 20.
If you back out the trucks and Suv's...Ford would not even be close
and in both of those categories I think Ford and GM do VERY well
if they get the lane changing "thing" in 2019 or 2020...is that innovative?
By then there will be something else that has advanced..I assure you
if a luxury brand wants name recognition at this point I am not sure they get it by being 2-4 late to the party on features
ofcourse..as you say it can be "good enough"...but that just means highly discounted
Cadillac will have about as much of a factor in my future purchases as Audi does: None.
Unfortunately
Cadillac has the stigma of GM all over it - and no amount of rejuvination of the brand will shake that off for many, many years. Hyundai also has this problem thanks to their initial crap entry into the markets with crappy cars. However - they have made a whole lot more headway in the market share after re-inventing themselves about 10 years ago than Caddy has.
I am not hating on
Cadillac recently
Their cars have a distinctive " family" look and they seem to have some entries that are seriously well reviewed...specifically their halo V series cars
Their is a LOT of technology there
As a brand I would say they are sniffing at the germans butts..lol
They have the full size CT6 out now...and my understanding is that there are plans for a more upscale Ct8 to compete with the S class etc
No doubt if that car comes to the market it will be chock full of technology maybe even including the "sprayers" you like so much
Too another point.if it comes to market I suspect they will have a high performance variant to compete with the AMG like high performance germans
Again...all the reviews I have seen have stated that
Cadillac is in the game ..especially in high performance
Think about it..who would have thought a company that made the "land yacht" is now in the game and drives at, or near, the germans
Of course we all have - it's been out for 2 years and was one of the first videos to expose the G2 and give a decent review of it. However - just like the guys said at the end of the video:
"We agree the CTS is the better vehicle, but it is not $17,000 better."
That sums it up right there... and it is EXACTLY what Hyundai wants to hear. You can also hear similar comments of the 5 series, E class and A6. The CTS wants to play in their pricepoint - but still doesn't have the value that the Genesis does. To pour salt on that wound - and set it on fire I might add;
The 2015 Vsport in the video priced out at 72640 and has seen a massive 30000 in depreciation.
That is a downright painful 42% depreciation - which eclipses and far outpaces both the Genesis AND all of the same-class Germans.
Once again - Caddy just cannot get away from the GM stigma and the effect that it has. This factor alone makes that car NOT a competitor, by any means. If you think you are going to take a beating on the resale of a G2 (despite what the market is showing right now) - trying to dump your CTSV is gonna make you feel like a pinata at a quinceanera on Cinco de Mayo.
Sorry pal - but I wouldn't touch that car with a 10 foot pole. Not mine nor yours. Not a chance.
It's gonna suffer the same fate. Sorry to say - but it is the truth. Also - the CTSV is already the price of the G90.
Dont think for a minute that the market is going to pay the same price for a competing
Cadillac as they do for a Merc/BMW
GM likes to play with inflated stickers
But..like Hyundai...they discount heavily and subsidize leases to move cars
Actually if you look at the CTS line...its about the same resale at the Genesis
Again..if resale if your motivator...there are probably better cars than either in this same price range
If you look at true CTS-V..not a V sport like the one in the video
I think they are holding resale pretty well..especially in the wagon and manual transmission variety
I think
Cadillac is trying to create a broad range of products with the technology of the Gemans to compete with them
I am impressed that they can actually design a chasis and engines that reviewers say are right in step with the Germans
In the real world..today anyway...everyone knows no
Cadillac is going to sell at the same price as a Merc or BMW
So..to your point..maybe
Cadillac is the car to buy.if you want all the technology and performance at a price lower than the germans
something to think about
I do hope they bring that high end CT8 to the market
I am interested in what they can do in the full size luxury market to compete with the best from Germany
Warren