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2002 Cadillac Escalade
Invoice: $44,592 - $47,790
Miles Per Gallon
City: 12 MPG - 14 MPG
Highway: 15 MPG - 18 MPG
Body Style: N/A
Engines: 5.3L V-8 285 HP, 6.0L V-8 345 HP
Cadillac Escalade is all-new for 2002. This full-size luxury SUV makes a strong statement with sharp, chiseled styling. Built on GM's newest truck platform, the Escalade is available with a high-performance 6.0-liter V8, all-wheel drive, and GM's latest technology. While the 1999-2000 Escalade was essentially a warmed-over Denali, this new one offers unique engineering and features to go with its unique styling.
Purchasing an older vehicle, such as the 2002 Cadillac Escalade, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2002 Cadillac Escalade for less money than when it was new. If the 2002 Cadillac Escalade was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2002 Cadillac Escalade is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2002 Cadillac Escalade will have a good resale value. This assumes that the 2002 Cadillac Escalade is in good condition and has a reasonable number of miles.
Find a used 2002 Cadillac Escalade for sale at CarsDirect.
