Filed under: Sedans/Saloons, Auction Action, Cadillac, GM
First Cadillac CTS-V auctioned off for charity
Click the image above for more high-res pics of the CTS-V
If you had your heart set on dropping big-time coin to own the first next-gen Cadillac CTS-V, you're already too late. CTS-V numero uno was auctioned off Thursday at a charity benefiting prostate cancer, and amazingly the 550 hp monogrammed sledgehammer was actually a bit of a bargain. Cigar entrepreneur Cano Ozgener dropped a reasonable $75,000 to become the winning bidder, which is likely a bit more than the CTS-V will cost at the dealership, but a heck of a lot less than other serial number ones that have sold over the past couple years. Hit the jump for more details on the auction in GM's press release.
Gallery: 2009 Cadillac CTS-V
[Source: GM]
PRESS RELEASE
NEW YORK – The eagerly anticipated 2009 CTS-V, Cadillac's 550-hp expression of ultimate performance and luxury, hits the streets this coming fall. However, the first sale occurred last night in New York City, where the first CTS-V earned a winning bid of $75,000 at a special charity auction benefiting the Prostate Cancer Foundation.
The auction was a major feature of "A Night to Remember," a glittering evening of fine food, wine and cigars, hosted by Cigar Aficionado magazine and sponsored in part by Cadillac. The 17 th annual Night to Remember last night at Manhattan's famed Four Seasons restaurant raised an estimated $1.3 million for the Prostate Cancer Foundation. The winning bid was submitted by Cano Ozgener, founder of CAO International, a leading producer of premium cigars worldwide.
"Cadillac is proud of our longtime association with this great event on behalf of prostate cancer research and treatment," says Jim Taylor, Cadillac general manager. "We congratulate Mr. Ozgener, both for making a generous bid benefiting a great charity, and for joining a very elite club of new CTS-V owners."
The CTS-V, based on Cadillac's critically acclaimed CTS sports sedan, expresses the full extent of the brand's dramatic design and technology. Designed to enter the stratosphere of the world's fastest and most exclusive luxury sedans, CTS-V includes advanced performance technology such as a supercharged 6.2-liter V8 engine and Magnetic Ride Control, the world's fastest reacting suspension.
More coverage of A Night to Remember can be found at www.cigaraficionado.com. For more information on the work of the Prostate Cancer Foundation, go to www.prostatecancerfoundation.org.
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Reader Comments (Page 1 of 3)
criticalninja 9:18AM (4/19/2008)
I'm shocked that this didn't go the Barrett-Jackson route...probably would have gotten a lot more for it, seeing as people over there throw money around like it's water.
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HotRodzNKustoms 11:22AM (4/19/2008)
Yeah I'm surprised too. At B-J this would have gone well into 6 digits.
Robert 9:26AM (4/19/2008)
What a meh car
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caddy dave 9:57AM (4/19/2008)
You must be living a "meh" life.
Robert 10:03AM (4/19/2008)
Nah mines pretty good that cars just a bit meh
tariq 11:25AM (4/19/2008)
"What a meh car"
what the hell is meh?
this car makes the 335i look tame
Robert 11:58AM (4/19/2008)
Meh means mediocre, ok, good but not gread, adequate words along them lines
Zane 12:28AM (4/20/2008)
Bleh.. stop the emoisms.
Robert 8:42AM (4/20/2008)
Your obviously a bit strange if you think that their emo words
cameron42985 10:18AM (4/19/2008)
Looks like it was designed by the same people who put fart cans on their exhaust tips.
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Rick 10:32AM (4/19/2008)
Yeah, I wish that and bling would go away. Such a horrible way to treat a car. And btw, what is GM doing producing yet another monstrosity? Didn't anyone tell them? The asteroid already hit.
Robert 10:46AM (4/19/2008)
lol coming soon in the new fast and furious film
Jared 10:45AM (4/19/2008)
I like the mesh grill much better than the standard CTS grill, which is horribly overdone. But that aero-kit is the pits.
Lose the bling. Add some understated elegance.
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Mr. Oak 11:05AM (4/19/2008)
You want understated? buy a Subaru oe a Lexus. This is a freakin' Cadillac.
Saw this car at the NYAS. It looks better live than in pictures. You don't like shop elsewhere. They will sell all of them anyway.
George 3:57PM (4/19/2008)
or just buy a DTS...which is also a freakin' Cadillac.
Jared 4:00PM (4/19/2008)
I've got a DTS right now as a rental. Not bad for a boat, but it isn't a driver's car by any stretch of the imagination.
I would like a CTS-V, just not with the ridiculous, rice-boy, speed-racer, tacked-on aero kit.
Joshua 10:54AM (4/19/2008)
Ha, Catch 22. If automakers DON'T make a big push at intro and auction off a new model they're essentially admitting that this car is no big deal. If they go ahead and try an auction the buyers are likely to say the same thing in a very public forum.
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elprogramer 11:30AM (4/19/2008)
"Bling"? Are you people retarded? It's chrome. On a Cadillac.
I've seen one in the "flesh", GM occasionally takes the Milford cars through Flint. Beautiful car.
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TKOsoccer03 11:31AM (4/19/2008)
I love it when people attempt to degrade a car, simply because nothing will be able to compete with it in its class..
The fact is the CTS-V is an engineering marvel for GM. I would expect this to auction somewhere between $500K and $800K.
Amazing car.. stupid fast.. and it's American.
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Robert 1:45PM (4/19/2008)
Which means it will crash when it attempts to turn lol :P