This Cadillac CTS Premium Sport Wagon has gone from $53,000 to $8,450 and this is how
Published on Dec 07, 2025 at 9:15 PM (UTC+4)
by Jason Fan
Last updated on Dec 04, 2025 at 10:09 PM (UTC+4)
Edited by
Mason Jones
The Cadillac CTS Premium Sport Wagon is putting on a masterclass in car depreciation, and its latest sale proves just how quickly values can tumble over time.
Once a stylish, niche luxury wagon with a hefty window sticker, it’s now become a case study for bargain hunters and depreciation skeptics alike.
The star of this story wasn’t even subject to hardship or neglect.
Instead, it’s simply the tale of a car aging in a market that never quite knew what to do with luxury wagons.
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This Cadillac CTS Premium Sport Wagon was already well-loved
When the first owner drove it off the lot back in 2010, they forked over no less than $53,000 for the Cadillac CTS Premium Sport Wagon.
Fast-forward to a few months ago, and the same car has just changed hands for $9,300.
The latest owner put about 2,000 miles on it, before selling it again, this time for $8,450.
This proved that even modest use was enough to chip away at its low market value.
By the time it rolled onto Cars & Bids with 121,500 miles, it looked a little worse for wear.
The 15-year-old wagon had corrosion on some underbody components, a chipped windshield, wheel rash, worn exterior paint, and tired front seat leather.
Yet despite the wear, this CTS wasn’t unloved.
It reportedly received three services in 2025 and four in 2024, which is a rarity for cars living in the budget end of the used market.
It also sports a MagnaFlow cat-back exhaust, the only real modification aside from tinted windows.
Otherwise, it retains factory goodies that were quite premium for the time: a Bose sound system, Sapele wood trim, heated and ventilated seats, rear park assist, and polished 18-inch wheels wrapped in that eye-catching Crystal Red Tintcoat.
Under the hood lives a 3.6-liter V6 paired with a six-speed automatic, originally pushing 304hp and 273 lb-ft of torque to all four wheels.
Why luxury wagons lead the way for depreciation in the US
But here’s the golden question: why the steep depreciation?
Well, luxury wagons have always occupied a weird corner of the American car market.
It’s too niche for mainstream buyers, and too thirsty to be considered an economy car.
Luxury wagons are also overshadowed by SUVs like the Toyota RAV4, which promise more space and higher ride height.
Add in mileage, age, and typical cosmetic wear, and resale values plummet.
The lesson here is, if you’re worried about car depreciation, it’s probably best to stay away form luxury wagons.
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Jason Fan is an experienced content creator who graduated from Nanyang Technological University in Singapore with a degree in communications. He then relocated to Australia during a millennial mid-life crisis. A fan of luxury travel and high-performance machines, he politely thanks chatbots just in case the AI apocalypse ever arrives. Jason covers a wide variety of topics, with a special focus on technology, planes and luxury.
