Are you in the market to buy (or sell) a Cadillac CTS in Paris? Vehiclus studied the local used auto market of all metropolitan areas in France to determine a pricing profile of various Cadillac models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your CTS (or to be certain to not be overcharged when buying a Cadillac CTS) it is of value to know most price-establishing variables.
Paris is a city with currently 2138551 inhabitants. Nevertheless, it is hard to find more than three Cadillac CTS on the used car market at the same time. Therefore, the supply is low and the demand depends on various of factors such as maintenance costs, brand popularity, and reliability.
As shown below, cars of the manufacturer Cadillac and especially of the model CTS depreciate in a very customary process. The average value of the CTS will be lowered by 13% ($21,814) after only 1 year. After 3 years, the car usually costs only 64% of its original asking price ($15,970) while it will only be worth 28% of the original price after 7 years ($6,974). The CTS's value after 12 years is only 11% of its initial price depending on its condition of course.
One more way to describe car depreciation is to study the decrease of value vs mileage. The Cadillac CTS depreciation curve below illustrates this phenomenon for the city of Paris. The CTS looses most of its value (~ 46%) within the first 20,000miles (30,000km) of its mileage. The average price for a CTS at that mileage is approximately $13,864. After that the devaluation slows down: at 90,000km the Cadillac CTS is sold for $8,276 in Paris and for $3,896 at 180k km driven.
The last parameter that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Cadillac CTS according to its year and its condition.
Vehicle Year | Cadillac CTS Condition | ||
---|---|---|---|
fair | good | excellent | |
2017 | $10,657 | $18,049 | $25,442 |
2016 | $9,371 | $15,872 | $22,374 |
2015 | $8,177 | $13,850 | $19,523 |
2014 | $7,074 | $11,982 | $16,890 |
2013 | $6,063 | $10,268 | $14,474 |
2012 | $5,142 | $8,709 | $12,276 |
2011 | $4,312 | $7,304 | $10,296 |
2010 | $3,574 | $6,054 | $8,534 |
2009 | $2,927 | $4,958 | $6,989 |
2008 | $2,371 | $4,016 | $5,661 |
2007 | $1,906 | $3,229 | $4,551 |
2006 | $1,532 | $2,596 | $3,659 |
2005 | $1,250 | $2,117 | $2,985 |
2004 | $1,058 | $1,793 | $2,528 |
2003 | $958 | $1,623 | $2,288 |
2002 | $949 | $1,608 | $2,267 |
Cadillac CTS variations: |
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CTS 3.6L V6 RWD BVA |
CTS 3.6L V6 4P |
CTS 3.6L V6 RWD BVM |
CTS 2.6L V6 4P BVA |
CTS 3.2L V6 4P |
CTS 2.8L V6 4P BVA |
CTS 3.2L V6 4P BVA |
CTS 2.8L V6 RWD BVA |
CTS 3.6L V6 4P BVA |
CTS 2.6L V6 4P |
CTS 3.6L V6 AWD BVA |
CTS 2.8L V6 RWD BVM |
CTS 2.8L V6 4P |