We believe this is a new record.

There was no doubt in our minds before that the Cadillac CTS-V is modern classic. If you’ve been privileged enough to buy one, you know what a riot they are. And while some consider the wagons to be the ugly ducklings of the bunch, the fact is they have a dedicated, almost cult-like following. Perhaps that helps to explain why a 2012 Cadillac CTS-V Wagon recently sold for $89,500 on Bring A Trailer.

photo credit: Bring A Trailer

It probably didn’t hurt one bit that this go-fast wagon has under 12,000 miles showing on the odometer and looks super clean outside and in. The Caddie also comes with a 6-speed manual transmission, a perk you’re hard-pressed to find on a shocking number of modern performance cars.

While there are plenty of other colors out there, we think the Opulent Blue Metallic paint suits this CTS-V Wagon perfectly. It pairs nicely with the 19-inch Satin Graphite wheels with yellow brake calipers peeking through, as well as the Ebony leather interior with Alcantara accents.

photo credit: Bring A Trailer

The worth of any vehicle is established by the open market, which is made up of individuals like you and me. Whenever you hear of a car fetching some ludicrous price at an auction, keep in mind there was someone with the financial means to pay that much for it. That doesn’t mean it was a wise move, but it does make others look at other examples differently. In other words, we’re expecting this sale will have a positive effect on the value of other CTS-V models on the market, particularly wagons.

photo credit: Bring A Trailer

We don’t expect the new owner of this Cadillac will be wanting to make any dramatic modifications, but these wagons have a solid reputation for handling mods like a champ. However, the factory supercharged 6.2-liter V8 is enough for most, considering it belts out 556-horsepower and 551 lb.-ft. of torque.

Expect to see the value of clean Cadillac CTS-V models to appreciate well over time, especially those with a manual transmission.