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Old 02-16-2018, 12:14 PM
 
686 posts, read 804,768 times
Reputation: 788

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Before buying our 2 Escalade ESVs we looked at all of the comps and considered the suburban, Yukon, expedition, etc..... We felt that the Cadillac was much nicer overall so we chose to go that route but why is it that the suburban seems to hold value better than the escalade?


For example, I was thinking of selling my 2011 escalade esv AWD premium with 116k miles. Perfect condition and meticulously maintained. But when checking comps, I notice that suburbans with the same specs are listed for more money?


I understand that luxury cars depreciate faster but wouldn't it still be worth more than its standard version?
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Old 02-16-2018, 12:26 PM
 
Location: Hougary, Texberta
9,019 posts, read 14,282,260 times
Reputation: 11032
More toys = more things to break.


Also think of your target market. A Suburban hasn't markedly changed in a looooooong time. Escalade generational changes are much more noticeable, and people who are in the market for an Escalade don't want to be in the old generation, as they're as much of a fashion and class statement as they are transportation.
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Old 02-18-2018, 02:51 PM
 
628 posts, read 838,102 times
Reputation: 412
Where do you live because in my area similarly equipped Suburbans are cheaper then the Escalades
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Old 04-10-2018, 08:51 AM
 
Location: Greensboro, NC
5,922 posts, read 6,462,224 times
Reputation: 4034
Quote:
Originally Posted by Familyman6 View Post
Before buying our 2 Escalade ESVs we looked at all of the comps and considered the suburban, Yukon, expedition, etc..... We felt that the Cadillac was much nicer overall so we chose to go that route but why is it that the suburban seems to hold value better than the escalade?


For example, I was thinking of selling my 2011 escalade esv AWD premium with 116k miles. Perfect condition and meticulously maintained. But when checking comps, I notice that suburbans with the same specs are listed for more money?


I understand that luxury cars depreciate faster but wouldn't it still be worth more than its standard version?
I realize this thread is a couple months old and you may never go back and read it, but I think the reason why the value of the Suburban might be listed for more is that the parts for a Chevy is cheaper than a parts for a Cadillac. With an LT trim level on a Suburban, you're still getting a big SUV with a lot of luxury options and a smooth ride. Like Silverados, people tend to hang onto the Suburbans longer because they can afford to maintain them, where as the Cadillac Escalade tends to fall into the luxury category where people want to ditch them before having to do a lot of expensive maintenance on them.

To me, a specked out Suburban LT or Yukon XL Denali is just as luxurious as an Escalade ESV. Of course, I'd take either one of the three.
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