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Go Back   Hummer Forums by Elcova > Hummer H2 Discussion Forums > General H2 Discussion

 
 
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Old 10-30-2003, 09:14 PM
Drag Drag is offline
 
Join Date: May 2003
Location: Austin, TX
Posts: 225
Drag is off the scale
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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> As for those of you who suggest the SLR, I seem to remember another Caddy that went after the SL series sometime back...the Alante Remember that garbage. <HR></BLOCKQUOTE>

Ken I'll be the first to agree that the Allante was crap. It had a manual soft-top, front wheel drive; nowhere near enough horsepower and it had to be shipped transatlantic because of the Pinafarina body. The XLR on the other hand, is a rear driver, with a power hard top and more HP than the Benz, Lexus or Jaguar. Less than the new Porsche Cabrio, but then again, out muscling Porsche is pretty hard to do. Also, it comes out of Bowling Green, a US plant with UAW workers. The profits go to GM, a US company and their US workers.

As far as it being an 04, the first model year is often the most valuable from a collectors standpoint, unless there are radical changes in another model year or two that are quickly canceled. This is the point of rare car collecting.

I'd expect the residual to stay high just because of the scarcity of the product. After all, let's say that Caddy builds 5K of these and MB builds 10K of the SL500s. Simple supply and demand states that the rarer car will hold more value unless there is something incredibly wrong with em. Caddy's invested too much money to risk having even one lemon leave the plant, and quality control on 5 thousand Caddy’s is a lot easier than quality control on 10 thousand Merc-Benz 500s. Therefore, I predict higher residual values for the XLR than the Benz, but the SL55 AMG was and is still the king of the roost for car nuts like me.

Corvette= "The ability to pass with class"
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