unwanted c32
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Joined: Nov 2003
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Out Of Control!
Joined: Nov 2001
Posts: 21,014
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From: CA, NV, CO
Originally posted by awiner
Not only with the C32. I just sold a 2001 CL55 and took a big hit too.
Not only with the C32. I just sold a 2001 CL55 and took a big hit too.
If you don't mind me asking how much did you sell it? PM me if you like? Was just curious.
Banned
Joined: Feb 2003
Posts: 206
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From: St. Louis, MO
2004 C32 AMG
Just went through this when I purchased my 04 C32 AMG. I traded on my 03 CLK 320 -- which was exactly one year old from purchase date with 9000 miles on it.
Sticker was $48k, but I have the DiamlerChrysler friends & family discount because my grandfather is a DC retiree -- so I paid $41k for it.
One year later, $35.5k trade in. If I was a regular retail customer, I would have lost $13.5k in one year. I still took a hit but I got my 04 C32 for $49k, which was a large discount off of the sticker at $53.5k.
Moral of the story -- new cars aren't a good investment (under most circumstances).
Sticker was $48k, but I have the DiamlerChrysler friends & family discount because my grandfather is a DC retiree -- so I paid $41k for it.
One year later, $35.5k trade in. If I was a regular retail customer, I would have lost $13.5k in one year. I still took a hit but I got my 04 C32 for $49k, which was a large discount off of the sticker at $53.5k.
Moral of the story -- new cars aren't a good investment (under most circumstances).
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MBWorld Fanatic!
Joined: Oct 2002
Posts: 7,587
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From: Louisiana
E320
Originally posted by SJT03CLK
Moral of the story -- new cars aren't a good investment (under most circumstances).
Moral of the story -- new cars aren't a good investment (under most circumstances).
If you're constantly worried about depreciation, especially after only 2-3 years of ownership, then maybe it's time to think about buying used.
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Banned
Joined: Feb 2003
Posts: 206
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From: St. Louis, MO
2004 C32 AMG
Originally posted by oggle
If you're constantly worried about depreciation, especially after only 2-3 years of ownership, then maybe it's time to think about buying used.
If you're constantly worried about depreciation, especially after only 2-3 years of ownership, then maybe it's time to think about buying used.
MBWorld Fanatic!
Joined: Sep 2002
Posts: 2,923
Likes: 3
Mercedes Benz
Originally posted by FrankW
where do u see $34k? I just checked mine on bluebook it's worth $39k...
still a lot of hit tho...hahah
where do u see $34k? I just checked mine on bluebook it's worth $39k...
still a lot of hit tho...hahah
I think it is sad but true. When I looked to trade my car in a while back i was offered prices between 32k and 34k. So today i would say a C32 with 25k miles will sell for 35-36k on the open market.
This cars value fell like a stone!
M3's valus are higher and I truely have no idea why! The are mass produced compared to the C32 but people still want that car used for some reason. Ever seen M3 drivers? They abuse their cars! And they are sill selling for 45k used. What gives?
Who cares...enjoy your cars. My new car will fall like a stone too....just need to accept it and move forward I think!
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Joined: Feb 2003
Posts: 3,069
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From: So-Cal
W211 E55 AMG, ML63 AMG, Past 996GT3,ZCPM3,Brabus C32,ML 500
Its not just Benz,
I just sold my ML for 41K, I bought it 3 months before for 44K
not too badd.
My C240 was worthless, like 21K a year old and 12k miles, loss 0f 9k
AMG does hold up a little better.
I just sold my ML for 41K, I bought it 3 months before for 44K
not too badd.
My C240 was worthless, like 21K a year old and 12k miles, loss 0f 9k
AMG does hold up a little better.
