Cadillac’s new pride and joy, the 2016 CTS-V high-performance sedan, will reach US showrooms late summer with a starting MSRP of $83,995 plus $995* for destination. GM’s luxury brand will start accepting orders for the car this week.

Even though it’s the most powerful model in its segment (which doesn’t include Dodge’s $63,995 and 707hp Charger SRT Hellcat) with a 640hp and 630 lb-ft (855 Nm) 6.2-liter supercharged V8 sourced from the Corvette Z06, the new CTS-V’s price is lower than most of its competitors.

In the States, these include BMW’s 552hp (560PS) M5 priced from $93,600 MSRP, Mercedes’ 577hp (585PS) E63 AMG S 4MATIC that starts at $101,700 MSRP, and Jaguar’s 503hp (510PS) XFR from $83,550 MSRP and 542hp (550PS) XFR-S from $99,000 MSRP.

On paper, the new-generation CTS-V is pretty darn fast with a 0-60mph (96km/h) in just 3.7 seconds (BMW M5: 4.3 sec, Mercedes E63 AMG S:3.5 sec, Jaguar XFR: 4.7 sec, XFR-S: 4.4 sec), and a top speed of 200mph (322km/h).

The supercharged V8 is paired to an 8-speed automatic transmission with manual control via steering wheel paddles driving the rear wheels. 
Other standard features include Magnetic Ride Control, Brembo brakes, 19-inch wheels in Michelin Pilot Super Sport tires, carbon fiber hood, suede microfiber accents and matte-finish carbon fiber trim.

The new CTS-V will join the 455hp twin-turbo V6 ATS-V that will arrive late this spring with prices starting from $61,460 for the sedan and $63,660 for the coupe.

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