I was looking around at the mercedes prices..... i noticed on ebay... the cl65 has literally cut its price in half in just a few years....the cars price originally is 170-190 ....they go for 85-105... why is this?

People are prepared to pay more for a new car than an old one, especially if it is a prestige car.

If there is greater demand for a car than supply, because supply is limited, then the price is forced up and the converse is true.

Ferrari were planning to limit the production of certain of their larger cars such as the Scaglietti (612) in order to try and help with depreciation.

EDIT: I think you can get a VW Phaeton for around £25,000 after three years with very few miles on the clock, where as the car costs around £70,000 new.

That's cos every one buys it's more expensive twin, the Audi A8.

Mercedes, like most cars, are over-priced, therefore, the second it leaves the showroom's floor the price starts dropping. Brand new car's prices depreciate so quickly these days, that's why it's sometimes better to buy used cars.

Mercedes, like most cars, are over-priced, therefore, the second it leaves the showroom's floor the price starts dropping. Brand new car's prices depreciate so quickly these days, that's why it's sometimes better to buy used cars.

Exactly...

But some people cant help them selves, and go out buying brand new, like my dad, he prefers that brand new look, with the covering and everything on it... hehe...

And the fact, that his the first to drive it, and the other owner hasnt thrashed it or nothing!

Nearly new is the best to buy as they are quite often less then 6 months hardly been driven plus u can save thousands on the list price ! the only problem u can't choose any extra equipment !!!

It actually seems wise to buy used cars these days. But some people i.e. m3 gtr's dad and me just like that feeling of owning a new one....

That's cos every one buys it's more expensive twin, the Audi A8.

its cheaper twin*

the A8 costs a lot less than the CL-Class...

I look upon buying new cars as stupid because of this. Nearly new is a much better way of spending your money, and it allows you to get something much more flash for very little money comparatively. In fact, the only time I think I'd buy a new car is if I had money sitting around doing nothing - these days, you can find a used car exactly as you want, so why bother buying new.

@Audi.RS4 - I presume you mean 'twin' becuase they're similar in spirit - as far as I'm aware the 2 cars are completely different?

@Audi.RS4 - I presume you mean 'twin' becuase they're similar in spirit - as far as I'm aware the 2 cars are completely different?

i think he just means rival car... although the CL is a coupé and the A8 is a big luxury car :-k

If you're spending $170,000 on a Mercedes, you don't want something that someone has already put their filthy paws on. You want a fresh one.

Knock $70,000 off, and suddenly that "Previously-owned" Mercedes looks so much better.

well first of all, you're on ebay, i'm guessing they sell really expensive items in real life for around half price or 3/4 price on ebay... after all, ebay mostly have cheaper prices than the real retail value...

And also, prices usually get reduced after a few years... It's normal for that to happen... Cl65? Is that an old model or something? Anyways, it sounds like a nice model...

Not a lot of car nowadays hold its value nowadays. If you're planning to buy a car that's expensive and plan to sell it within 2-3 years, its better to lease it so you don't get any hassle of selling it and you don't suffer from depreciation. All you do is just return it to the dealer for another one.

Cars with best depreciation value in their class
http://www.edmunds.com/reviews/alg/index.html

Coupes
BMW 3 Series

BMW 6 Series

Chevrolet Corvette

Ford Mustang

Honda Civic

Infiniti G35

Mini Cooper

Porsche 911 Carrera

Volkswagen New Beetle

Volkswagen Rabbit

Convertibles
Audi A4

BMW 3 Series

BMW 6 Series

Chevrolet Corvette

Ford Mustang

Mini Cooper

Pontiac Solstice

Porsche 911 Carrera

Volkswagen Eos

Volkswagen New Beetle

Sedans

Acura TL

Acura TSX

Audi A4

BMW 3 Series

Honda Civic

Infiniti G35

Lexus IS 250

Lexus IS 350

Nissan Altima

Subaru Impreza

Toyota Camry

Volkswagen Rabbit

Wagons

Audi A4

BMW 3 Series

Scion xB

Subaru Impreza

Toyota Matrix

SUVs

Honda CR-V

Jeep Wrangler

Land Rover Range Rover Sport

Toyota RAV4

Trucks

Toyota Tacoma Pickup


Most cars that cost $100K+ depreciate like crazy after only a few months of ownership. If i remember correctly the maybach lost value at a rate of $3000 a week! Look at large luxury cars like the Mercedes S500 you can get one a few years old for $40,000 when it's orginal price was about $120,000 :D

What year were you looking at?

Mercedes, like most cars, are over-priced, therefore, the second it leaves the showroom's floor the price starts dropping. Brand new car's prices depreciate so quickly these days, that's why it's sometimes better to buy used cars.

^There are some cars that will hold their value, but with very expensive cars you going to loose more, but if you can afford a $200,000 car, you can probably afford the depreciation rate, as well as the hugely expensive German parts. German cars by themselves are expensive to maintain, rare AMG flaghship models are only more expensive.

well first of all, you're on ebay, i'm guessing they sell really expensive items in real life for around half price or 3/4 price on ebay... after all, ebay mostly have cheaper prices than the real retail value...

And also, prices usually get reduced after a few years... It's normal for that to happen... Cl65? Is that an old model or something? Anyways, it sounds like a nice model...

^ The CL65 is a very recent model, it was part of the previous CL-Class that ended last year. About your ebay comment thats true, cars and other things on that site are "advertised" at lower prices, but don't get sold unless bidding gets up to a certain level.

I would like to see the car found on ebay if you know where it is. that price does not seem right at all, TMV pricing has a 2005 CL65 at roughly 130k.

Cars with best depreciation value in their class
http://www.edmunds.com/reviews/alg/index.html

Coupes
BMW 3 Series

BMW 6 Series

Chevrolet Corvette

Ford Mustang

Honda Civic

Infiniti G35

Mini Cooper

Porsche 911 Carrera

Volkswagen New Beetle

Volkswagen Rabbit

Convertibles
Audi A4

BMW 3 Series

BMW 6 Series

Chevrolet Corvette

Ford Mustang

Mini Cooper

Pontiac Solstice

Porsche 911 Carrera

Volkswagen Eos

Volkswagen New Beetle

Sedans

Acura TL

Acura TSX

Audi A4

BMW 3 Series

Honda Civic

Infiniti G35

Lexus IS 250

Lexus IS 350

Nissan Altima

Subaru Impreza

Toyota Camry

Volkswagen Rabbit

Wagons

Audi A4

BMW 3 Series

Scion xB

Subaru Impreza

Toyota Matrix

SUVs

Honda CR-V

Jeep Wrangler

Land Rover Range Rover Sport

Toyota RAV4

Trucks

Toyota Tacoma Pickup


Most cars that cost $100K+ depreciate like crazy after only a few months of ownership. If i remember correctly the maybach lost value at a rate of $3000 a week! Look at large luxury cars like the Mercedes S500 you can get one a few years old for $40,000 when it's orginal price was about $120,000 :D

what do you mean by "best" depreciation rate? more specifically; do the car vehicles mentioned hold or lose their value the fastest in their class?

^those are cars that don't depreciate that much.

what do you mean by "best" depreciation rate? more specifically; do the car vehicles mentioned hold or lose their value the fastest in their class?

Then Edmunds list is about losing the least value over a time period.

As for buying new, it has it's advantages. I recommend buying a car new if you want a specific option set and plan to keep the car a while. I plan on upgrading my Z4 in a couple of years, and I'll likely order it new in the dead of winter (last winter BMW offered $7000 off a new Z4). I wouldn't mind a used Z4, but I doubt I'll find one with the exact combination of options I want (hardtop, navigation, extended leather, jet black with red interior).

And remember that most US new car sales aren't actually sales - they're leases.

yah, I was looking at that list and I was thinking about how corvettes never lose there value (even wrecked and rebuilt vettes still sell for 25-40 grand).

and wranglers I know damn well hold thier value. Its impossible to get a tj, even a bone stock one, for under 15 grand, and tjs are as much as 12 years old now

as for the mercedes, they depreciate so much because we all know a used car's interior sucks....


j/k, just poking fun

honestly I don't know. I'd like to say its cause mercedes sucks ( I hate them all) but I know its not true. HOwever maybe they are only fun new, and then once broken in they arent fun anymore?

yah, I was looking at that list and I was thinking about how corvettes never lose there value (even wrecked and rebuilt vettes still sell for 25-40 grand).

and wranglers I know damn well hold thier value. Its impossible to get a tj, even a bone stock one, for under 15 grand, and tjs are as much as 12 years old now

as for the mercedes, they depreciate so much because we all know a used car's interior sucks....


j/k, just poking fun

honestly I don't know. I'd like to say its cause mercedes sucks ( I hate them all) but I know its not true. HOwever maybe they are only fun new, and then once broken in they arent fun anymore?

^lol, thats a typical anti-benz statement, but thats okay. The interiors are improving, and yes i can back that up, i have already proved the S-Class's interior quality is better than the BMW 7-Series.

The Depriciation rate is just typical with a car of this amount of price, the one on ebay is a different case, that car based on objective information should not be priced that low, i would like to see it, the pricing of that car has depriciated a good deal, but the typical (i'm guessing a 2005 model) CL65 wouldn't be that cheap.

typical? that was actually toned down alot. I really hate mercedes benz. I always have. I acknowedlge they have some decent perfroming cars, the interior are okay sometimes, and they do invest alot of money towars the innovation of car technology.

however to me, in the end they are still over priced and very ugly cars.

I checked the CL65 price on kbb and it shows it at about 100 grand....so it is the true value

Yeah, the 65's don't hold their value like the 55's and the non AMG models.

^^^So in a given amount of time theres a chance where a cl65 will be the same price as a cl55?

Alot of car's price drop right off the bat once you put your foot on the pedal. It's that simple, the more you use it, the lower your car value. This also includes the condition of you car. But ONCE the car you own becomes antique, oh man do you get the big bucks back.

I checked the CL65 price on kbb and it shows it at about 100 grand....so it is the true value

What year was that?

What year was that?

I think i checked for 04, but still original price was 170+ so damn....a 70k drop in price is damn big

^your right, they do, but they range from like 85-130 roughly. The better ones with less mileage obviously retain their value better. Now that i looked it is very bad.

I was looking up some stuff and corvettes apparently depreciate about 1% each year. not bad.

alot less than nearly 20% a year that it seems like those mercedes go for

and for the record its not just mercedes-benz cars. BMW 760's can drop pretty far too. Cars like S600's and 760's drop faster because they are associated with lower cars like S500's and 750's that are cheaper. There are a few factors that play into price, so its not just mercedes-benz, although some Mercedes-Benz's have terrible depriciation. A 2005 V12 Vanquish for expample can be had at from 170k to up to well over 200k.

The lowest Drop value in depriciation is Ferrari. Infact, the prices for a 2nd hand ferrari actually cost more than retail price.