Kicking off at $83,995 (not including a $995 destination charge), the CTS-V is nearly $10,000 less than the 560-hp BMW M5, almost $18,000 less than the 577-hp Mercedes-Benz E63 AMG S 4Matic, and is nearly $25,000 less than the 560-hp Audi RS7. So in case you were wondering, yes, the CTS-V will continue to be one of the auto industry's very best high-performance bargains in its third generation.
"V-Series represents the pinnacle of Cadillac, a brand that now makes drivers' cars at the highest level," Cadillac's head honcho Johan de Nysschen said in a statement. "The new CTS-V is essentially two cars in one: a luxury sedan with sophisticated road manners and a track-capable sports car with awe-inspiring performance. This type of car is exclusive, the domain of the few who can access this level of incredible capability. V-Series matches or overtakes the finest cars in this elite class, while being more accessible."
As for when you can get your hands on bargain-priced beast, dealers are now accepting orders, with deliveries slated to begin late this summer.
Scroll on down for the official release from Cadillac.
U.S. DEALERS BEGIN ACCEPTING ORDERS NOW FOR CADILLAC'S UPCOMING PERFORMANCE ICON
DETROIT – Cadillac announced today that U.S. dealers will begin accepting orders for the next-generation 2016 CTS-V, the all-new high-performance sedan that launches in late summer. The 640-hp CTS-V is the second of two all-new V-Series models to come to market in 2015, following the smaller ATS-V coupe and sedan, which launches in late spring.
Cadillac's new 2016 V-Series models represent a significant expansion of the brand's elite, high-performance line. Not only are the new V-Series cars elevated in terms of performance, they now reach a broader spectrum of drivers by presenting two distinct personalities, size categories and price points.
With a top speed of 200 mph and 0-60 performance in 3.7 seconds, the CTS-V is the most powerful car in Cadillac's 112-year history. The 2016 CTS-V is priced from $83,995. Customers can place orders now with dealers and view additional product information at Cadillac.com.
The CTS-V elevates into the elite group of the world's highest-performing sedans.
"V-Series represents the pinnacle of Cadillac, a brand that now makes drivers' cars at the highest level," said Johan de Nysschen, Cadillac president. "The new CTS-V is essentially two cars in one: a luxury sedan with sophisticated road manners and a track-capable sports car with awe-inspiring performance. This type of car is exclusive, the domain of the few who can access this level of incredible capability. V-Series matches or overtakes the finest cars in this elite class, while being more accessible."
Segment-exclusive, third-generation Magnetic Ride Control, the world's fastest reacting suspension technology, is just one of many standard features and engineering enhancements offered in the 2016 CTS-V. The car includes a carbon fiber hood, Brembo brakes, 19-inch wheels wrapped with Michelin Pilot Super Sport tires, driver-selectable modes for touring, sport and track driving conditions, and performance-oriented, sueded microfiber accents and matte-finish carbon fiber trim.
Equipped with a 6.2L supercharged V-8 and an eight-speed automatic transmission that offers full manual control via steering wheel paddles, the CTS-V has more horsepower (640 hp/477 kW) and more torque (630 lb-ft/855 Nm) than the Mercedes-Benz 5.5L biturbo V-8 and the BMW M-series 4.4L TwinPower V-8.
The smaller ATS-V launch will precede the CTS-V. Also track-capable from the factory, the 464-hp ATS-V features the exclusive Cadillac Twin Turbo V-6 and 0-60 acceleration of just 3.9 seconds. The 2016 ATS-V is priced from $60,465 and presents high-performance capability in both coupe and sedan forms.
Editors' note: Manufacturer's Suggested Retail Price excludes destination ($995), tax, title, license, dealer fees and optional equipment.