2010 Cadillac SRX has largest sales, residual value gain in segment

2010 Cadillac SRX 2.8L V6 Turbo

Ever since its official debut last year, the 2010 Cadillac SRX has posted the largest gains in its segment for sales and projected resale value.

“SRX total U.S. sales through May have risen almost 500 percent, compared to the first five months of last year, outselling the Mercedes-Benz M-Class, Audi Q7, BMW X5 and Acura MDX,” GM said in a statement. “The average transaction price for the new SRX is more than $2,300 higher than the previous model.”

The Cadillac SRX’s projected resale value has also risen 17 percent in the past year, the largest gain in its segment. SRX”s projected resale value after 36 months is 48 percent of the initial purchase price, compared to 31 percent for the outgoing model, according to the May – June forecast by ALG, an industry benchmark for residual values and depreciation data.

“The SRX has remained in high demand since its launch last summer,” said Kurt McNeil, vice president of Cadillac sales. “The 2010 SRX delivered bold design to the fast-growing mid-size luxury crossover segment, he said.”

Click here for our review of the 2010 Cadillac SRX 2.8L V6 Turbo.

Review: 2010 Cadillac SRX 2.8L V6 Turbo:

All Photos Copyright © 2010 Omar Rana ““ egmCarTech.

– By: Omar Rana