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2016 Cadillac CTS-V sets price, starts sales this summer

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Rebecca Cook/Reuters/File

(Read caption) A row of 2015 Cadillac CTS vehicles are seen in an auto dealership in Warren, Mich. The 2016 Cadillac CTS-V officially goes on sale this summer priced from $84,990.

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The order books are now open for the 2016 Cadillac CTS-V, which officially goes on sale this summer priced from $84,990, including a $995 destination charge. That’s a lot of coin for a General Motors Company [NYSE:GM] product but recall that you’re getting a luxurious, lightweight sedan that also happens to pack a supercharged 6.2-liter V-8 churning out a massive 640 horsepower and 630 pound-feet of torque.

That makes the CTS-V one of the fastest four-doors on the planet, with Cadillac’s performance estimates for the car including a 0-60 mph time of 3.7 seconds and a top speed of 200 mph. Taking into account the combination of performance, luxury and cabin space, the only real alternatives are BMW’s M5 and Mercedes-Benz’s E63 AMG, both of which start above $90k.

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And the Cadillac is much better equipped than its rivals straight out of the box thanks to its carbon fiber hood, 19-inch wheels wrapped with Michelin Pilot Super Sport tires, 20-way adjustable front seats with heating and ventilation, camera monitoring, and suede and carbon fiber trim.

And there’s plenty of advanced technology, too, such as the dual-clutch-trumping 8L90 eight-speed automatic transmission, third-generation magnetic ride control suspension damping, fuel-saving cylinder-deactivation, performance data recorder, and Cadillac’s CUE infotainment system.

As Cadillac chief Johan de Nysschen explains, this segment leading position is one we’ll see repeated in future V-series products. But best of all, the cars will continue to be more accessible than rivals.

“V-Series matches or overtakes the finest cars in this elite class, while being more accessible,” he said.

It’s hard not to love that thinking.