Vagon enthusiasts, rejoice. A 2012 Cadillac CTS-V wagon with six-speed manual and 11,768 miles sold for $93,975 (including fees) on Bring a Trailer, establishing a new record for the model.
The auction received 37,098 views and 26 bids, with a winning offer of $89,500. That’s 56 percent higher than similar CTS-V wagons, which have an average value of $51,000 in #1 (Concours) condition.
“This is a very surprising sale, even for a car with a devoted cult following,” says Greg Ingold, associate editor of the Hagerty Price Guide. “New, in-the-wrapper CTS-V wagons have traded in the $60,000–$70,000 range previously, but this one is on a whole new level. It is in extremely good condition, but at 12,000 miles, it is hardly a no-mile car.
“This sale demonstrates the strong desire for collectors to have a fast wagon that, most importantly, has a manual transmission.”
Judging from the comments from other BaT users following the sale, it doesn’t hurt that the CTS-V wears Opulent Blue Metallic paint. One commenter even suggested he was “dumb” for ordering a 2013 model in black after considering blue. The actual significance of color preference remains to be seen.
The CTS-V is powered by a supercharged 6.2-liter V-8 that offers 556 hp and 551 lb-ft of torque. In addition to its Opulent Blue Metallic paint, the luxury wagon received Ebony leather seats and an Alcantara-wrapped steering wheel. Options include heated and ventilated Recaro front seats, 19-inch Satin Graphite wheels, yellow-finished brake calipers, Midnight Sapele wood trim, and an Alcantara-trimmed steering wheel and shifter. V models included a hood with a power dome, unique lower bodywork, and mesh grille inserts.
Recent service included replacement of the battery, drive belts, and tires. The wagon comes with complete service records, factory manuals, window sticker (original price: $71,220), and a clean Carfax report.
The seller says the rear differential was replaced under a service bulletin in August 2012.
Say what you will about the final bid, the seller (VEEEEEE) certainly did his due diligence to provide a complete picture of the wagon and its performance; he posted not one video but three—showing a walk-around, backroad driving, and city driving.
While Hagerty’s Ingold is happy for the seller, he says it remains to be seen whether the record selling price is an anomaly or the start of something bigger.
“Keep in mind that this is a single sale,” he says. “One sale doesn’t move the needle, but if more cars like this one start selling for prices like this, we’ll be on top of the new trend. We’ll definitely be keeping a closer eye on the CTS-V market.”