2015 C400 Depreciation Rate?
#1
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2017 Nissan Maxima Platinum
2015 C400 Depreciation Rate?
My lease for current car ends in 2020 and I’m interested in the C400. What do you project the average price would be for a clean 2015 C400 with decent mileage (not high) be in 2020?
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So I looked at 2013 C-class sport models and they range about 15-17k for a decent one. My assumption is the C400 will be maybe high teens-low 20s? Is this wishful hoping or accurate?
#4
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Unfortunately, I believe that's very wishful thinking. What appears to happen is that when a new basic design (not just a refresh) comes out, the gap between the last year of the old series and the first year of the new is probably 2-3x of the last year vs. the previous year of the old series. For example, if you found a 2013 W204 C Class for $17K, an equivalent 2014 would probably run $19K. From my review of cars.com, about the least you can expect to pay for a 2015 (W205) C400 with <50K miles and no accidents, is probably $26-27K.
Case in point, I bought my CPO C400 with 12.4K miles almost exactly a year ago for $35K - typical CPOs (any mileage) were selling for $37-39K at the time. A year later, you'll still be hard pressed to find a CPO C400 for less than $31-32K (or a CPO C300 for less than $25-26K). I really like my car, BTW, as I wanted to avoid the "boy racer enhancements" between it and the C450, and saved $6-7K to boot. Good luck - hope that's helpful.
Case in point, I bought my CPO C400 with 12.4K miles almost exactly a year ago for $35K - typical CPOs (any mileage) were selling for $37-39K at the time. A year later, you'll still be hard pressed to find a CPO C400 for less than $31-32K (or a CPO C300 for less than $25-26K). I really like my car, BTW, as I wanted to avoid the "boy racer enhancements" between it and the C450, and saved $6-7K to boot. Good luck - hope that's helpful.
Last edited by SidE2; 10-12-2018 at 10:53 PM.
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Unfortunately, I believe that's very wishful thinking. What appears to happen is that when a new basic design (not just a refresh) comes out, the gap between the last year of the old series and the first year of the new is probably 2-3x of the last year vs. the previous year of the old series. For example, if you found a 2013 W204 C Class for $17K, an equivalent 2014 would probably run $19K. From my review of cars.com, about the least you can expect to pay for a 2015 (W205) C400 with <50K miles and no accidents, is probably $26-27K.
Case in point, I bought my CPO C400 with 12.4K miles almost exactly a year ago for $35K - typical CPOs (any mileage) were selling for $37-39K at the time. A year later, you'll still be hard pressed to find a CPO C400 for less than $31-32K (or a CPO C300 for less than $25-26K). I really like my car, BTW, as I wanted to avoid the "boy racer enhancements" between it and the C450, and saved $6-7K to boot. Good luck - hope that's helpful.
Case in point, I bought my CPO C400 with 12.4K miles almost exactly a year ago for $35K - typical CPOs (any mileage) were selling for $37-39K at the time. A year later, you'll still be hard pressed to find a CPO C400 for less than $31-32K (or a CPO C300 for less than $25-26K). I really like my car, BTW, as I wanted to avoid the "boy racer enhancements" between it and the C450, and saved $6-7K to boot. Good luck - hope that's helpful.
#7
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Mileage and options dependent, I would wager to say that mid 20's is more reasonable in 2020. You could expect at that point a "low mileage" version would be ~60,000miles. I just purchased mine with 19,000miles for 31k but it has very few dealer options. A fully optioned version with same mileage at this point is around 35-37k.