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2006 Cadillac XLR
Invoice: $71,508 - $71,508
Miles Per Gallon
City: 17 MPG
Highway: 25 MPG
Body Style: Convertible
Engines: 4.6L V-8 320 HP
The Cadillac XLR is the company's stunning flagship, a luxurious high-performance sports car based on the new Corvette.
The Cadillac XLR comes one way, with a convertible hard top. Its 4.6-liter V8 engine is mated to Cadillac's newest five-speed automatic transmission. The list of standard equipment is long: side-impact airbags, a nine-speaker Bose sound system, DVD navigation and video, StabiliTrak electronic stability control, radar-controlled adaptive cruise control, keyless entry and push-button start, a head-up display, and OnStar.
The Cadillac XLR is a carryover from 2005.
Purchasing an older vehicle, such as the 2006 Cadillac XLR, 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 2006 Cadillac XLR for less money than when it was new. If the 2006 Cadillac XLR 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 2006 Cadillac XLR 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 2006 Cadillac XLR will have a very good resale value. This assumes that the 2006 Cadillac XLR is in good condition and has a reasonable number of miles.
Find a used 2006 Cadillac XLR for sale at CarsDirect.
