Cadillac’s CT5 has been one among America’s favorite luxury sports sedans since launching back in 2019. It proved popular due to its sharp looks, energetic performance, sharp handling, and good ride quality. It’s much more appealing in its V-Series trims, which supply a 360-horsepower twin-turbocharged V6 or a 668-hp 6.2-liter supercharged LT4 V8 within the CT5-V Blackwing version. Still, the CT5 has taken an enormous hit in depreciation within the last five years, which is great news if you’ve got a used one in your radar today.
The unique starting MSRP of the luxurious midsize sedan was $38,190, but Kelley Blue Book (KBB) currently has the national average purchase price at just $23,900, meaning the 2021 Cadillac CT5 has depreciated by 37.4% after five years of ownership. That puts the bottom model near the Premium Luxury trim when it comes to depreciation, as we found that model to have lost 39.4% of its original value after five years. Interestingly, KBB’s fair purchase estimates show that top-spec models akin to CT5 Sport and CT5-V retain value much better than the lower trims, losing 30.4 and 30.2%, respectively. The depreciation rates of the bottom models are also notably according to what CarEdge estimates across the lineup. The location puts t the 2021 CT5’s five-year depreciation at 38.7%. The location assumes a mean asking price of $44,528 five years ago, which equates to the CT5’s average resale value currently sitting at $27,279.
The 2021 Cadillac CT5’s depreciation versus rivals
Still, based on CarEdge’s data, a five-year depreciation rate of 38.7% implies that the 2021 Cadillac CT5 keeps its value higher than most of its similarly priced luxury sedan rivals from the 2021 model yr, with only the 2021 Acura TLX beating it, seeing because it lost only 36.8% of its value after five years.
With its launch price falling by a staggering 59.8% since 2021, the Alfa Romeo Giulia has the worst resale value amongst the key compact luxury sedans that we could confirm. It’s followed by the BMW 3 Series, which suffered 47.1% depreciation. The Genesis G70 is one other worst-performing luxury sedan in terms of resale value, with its price down 44.4% from what owners paid for it latest. Then there’s the Audi A5 Sportback, whose value is now 43.3% below the acquisition price. CarEdge doesn’t have any depreciation estimates for the 2021 Mercedes-Benz C-Class. Nonetheless, based on its starting MSRP of $42,650 and its current KBB fair purchase price estimate of $21,800, the five-year depreciation of the bottom model works out to roughly 49% — still far behind the Cadillac.
The 2021 Cadillac CT5’s real-world values today
Although the highest-mileage models are currently available well under KBB’s projected $23,900 average on online marketplaces, most 2021 Cadillac CT5s are listed above that price. On the time of writing, the most cost effective CT5 on CarGurus is a 113,000-mile example listed at$17,500. Nonetheless, when you desire a cleaner unit with fewer miles, be prepared to put aside as much as around $45,000, as seen within the case of this 8,000-mile 2021 Cadillac CT5 Sport. Apart from being a low-miler, the Sport trim’s other drawcards include standard wireless charging, wireless Apple CarPlay and Android Auto, Brembo brakes, in addition to a sport steering wheel with magnesium shift paddles.
Due to healthy levels of consumer appetite they enjoy within the used market, the stronger V-Series performance models normally command similarly high prices even with higher mileage. Working example: Despite showing over 29,000 miles on the clock, one CT5-V performance sedan is listed for an eye-watering $47,381 on CarGurus. Nonetheless, we also found other 2021 CT5-V examples with around 70,000 miles on the odometer which can be asking high-$30,000s. The same trend held true after we checked Edmunds, where prices run from roughly $20,000 all the way in which as much as $49,000 for the lowest-mileage models. That being said, it’s value noting that prices will change as CT5s enter and exit the used market, especially with the present generation CT5s being taken off sale.
This Article First Appeared At www.jalopnik.com

