My Car Value

Dec 9, 2003 | 12:43 PM

jy2010851

Thread Starter

Almost a Member!

Joined: Mar 2002

Posts: 29

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From: NY

2002 C320

My Car Value

Hi,

How much do you think I can get for selling:

C320 (2002)
7,500 miles
Xenon Lights
C1
C2
C4
C6

The KBB estimate was around $30,000, which to me is far less than what I had expected.

Please HELP~

Thanks.

Dec 9, 2003 | 01:36 PM

trench

MBWorld Fanatic!

Joined: Nov 2001

Posts: 2,465

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From: SF Bay Area

2002 C230 K

Re: My Car Value

Quote:

Originally posted by jy2010851
The KBB estimate was around $30,000, which to me is far less than what I had expected.

The problem is that to be competitive in the current market (which is soft due to the crappy state of the economy) Mercedes has been offering so many incentives on new C-classes that it has killed the resale values of the used ones.

Dec 9, 2003 | 06:24 PM

amdeutsch

Administrator

Joined: Sep 2002

Posts: 15,762

Likes: 36

From: www.Traben-Trarbach.de

MPG+ ROLFCOPTER

Here is what the auctions have to say.

Market Analysis DEC 09, 2003 Oct. Sept. June Dec. 2002
Avg Price $25,735 $25,735 $26,457 $29,033 $29,480
Avg Miles 18,065 18,809 24,581 15,409 10,114

Projected Values Dec. 2003 Jan. 2004 Dec. 2004
Condition Above Avg Below Avg Avg
Wholesale $27,380 $25,680 $23,980 $25,300 $22,900
Retail $30,080 $28,180 $26,380 $27,800 $25,200

Hope that helps.

Dec 10, 2003 | 12:05 AM

ffejalink

Senior Member

Joined: Apr 2003

Posts: 472

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From: San Diego, CA

'14 A6 3.0 TFSI

Only 7500 miles on a two year old car. That's doing quite well. I'm up to 10k after 4 months.

Dec 10, 2003 | 12:13 AM

goingbrabus

Member

Joined: Aug 2003

Posts: 172

Likes: 0

From: ROSEMEAD

2001 C320

55k in 3 years

Dec 10, 2003 | 09:59 AM

3727ro

Junior Member

Joined: Nov 2003

Posts: 44

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From: Sunny Florida

CLK320 cabriolet, E320 cabriolet, C320 wagon

48.500 in 16 months

Dec 10, 2003 | 12:05 PM

tifosiv122

MBWorld Fanatic!

Joined: Aug 2002

Posts: 3,364

Likes: 13

From: New Jersey

SLS AMG | S65 AMG | GL550

I sold my '98 SLK in '03 with only 9,000 miles on her.

Erik

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Dec 10, 2003 | 06:37 PM

goingbrabus

Member

Joined: Aug 2003

Posts: 172

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From: ROSEMEAD

2001 C320

Quote:

Originally posted by 3727ro
48.500 in 16 months

WOW.

. i thought i drove a lot!! thanx for the comfort

Dec 10, 2003 | 06:39 PM

#10

tifosiv122

MBWorld Fanatic!

Joined: Aug 2002

Posts: 3,364

Likes: 13

From: New Jersey

SLS AMG | S65 AMG | GL550

Quote:

Originally posted by davezaristo
Just curious, how much did you sell your slk for? I am thinking about selling my 99 with only 17000 miles...thanks...

$24K

It took over 9 months to sell.
Def. not the best investment i've ever made, certainly not the worst either.

Honestly, if I had a '99 in stick with power seats (both were not available in '98) I would have driven the car more and kept it (most likely).

Erik

Dec 11, 2003 | 09:59 AM

#11

jrct9454

Super Member

Joined: Jul 2002

Posts: 678

Likes: 1

From: Vancouver WA

'14 GLK250 Diesel

I replied to the original post with some info in your other thread. Go to that one, and I think you'll find the $30k estimate to be on the generous side.