C63 W204 to be a future collectible?
Got both used about a year ago and both generally rare in my market and depreciated already. If i sell now, l’m looking at losing only around $6k USD. But if I let go of either, its unlikely I’d find a simiilar low mileage example for either also.
The thing is, I still like both cars so I’m unsure which to let go first. C63 507 is a very good muscle car and I sold my 2015 M4 for it. Plus it can used for DD duties. The 997 is a pure weekend car n feels much more mechanical but its probably the best value “supercar” in my market at this point. I cant think of any other model that drives that fast for its value now. I do hav a 991.2 cs too but the 997 feels dfferent enough to enjoy having 2 Porsches in the garage.
In the short run say 3 years from now, which do you think will be more valuable minus running costs? I’d probably do only 2-3k miles a year on either.
Which would you keep? I’m asking here as many will probably recommend keeping the Porsche. But its also over 2x the C63 507’s cost so letting go means I have more funds for future purchases.
Thanks for the feedback!
Get rid of the 507.
Low mileage 507 are still found here and there, in almost new condition and this drives down the value of the remaining ones.
The Porsche will depreciate slower even in the short run.
In general, as far as this thread, the problem is Mercedes tried to pre-regulate the future collector cars, first by creating the black series (and it didn't work, or not yet, because the marked reacts negatively to attempts at pre regulation "Oh I am creating this car to be a collectible from day one"), then by re creating the conditions that led to the Gullwing becoming a collectors car.
To me a collector's car has to be: important in the history of the brand and the cars, low production numbers for reasons other than the manufacturer setting it up like that and having some features no longer available. And some flaws/personality too.
The C63 won't be that.
However, I think that a new category of collectibles will emerge: a sort of working class collectibes: Your car won't triple in value in 10 years and won't become the next GTO. But it will stop depreciating at one point and never depreciate again once it gets to that point, provided it meets some conditions. The C63 has a shot at that, or if not maybe the C63 Black. And the C63 is an important car, a piece of history.
But it's a mass produced piece of history, sort of like the first Golf GTI. Having now an Original Golf GTI, you're in a good position for the future. But it needs to be Not Modified. It doesn't matter that it's just a Golf with a big engine. It's a GTI, the market now doesn't think it's a Golf anymore.
In 20 years, this could be the ... last ... "Golf GTI".
I acquired the C63 507 Coupe for about half of a new C63S. While the 997.2 TTS cost twice the C, I got it for less than half of a new 991.2 TTS these days. For sports cars, as they are play things for me, I generally buy used. So far after flipping 5 sports cars in the last few years (including a Ferrari), I lost under $50k in depreciation.
They are both fun in their own way that is why its difficult which to let go first. The C has a bonus of being a capable sleeper DD car although I hav other cars for dedicated DD duties like SUV’s.
If not only for a lack of space, I’d probably keep both. What do you think gentlemen? 😀
Last edited by JakeO; Feb 23, 2018 at 08:58 PM.
I also visited our MB dealer recently and while a new w205 is a big step up (although probably not as big as 997 vs 991), its another turbo powered car and cost over 2x new vs the price i got for the 507. And unlike the Porsche, the 507 looks much more low key and good for DD as well.
So will keep the 507 for a while and enjoy it more. Took it for a spin today and really enjoyed the big v8 sound especially since my 507 is fitted with akrapovic exhaust 😀
Last edited by JakeO; Mar 18, 2018 at 07:28 AM.
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