Why are our cars worth so little.
Thread Starter
Super Member
Joined: Feb 2009
Posts: 780
Likes: 11
From: Dallas, TX
Range Rover
Why are our cars worth so little.
The S class W220, I can somewhat understand but the CL, makes no sense.
It is still one of the most technological advance cars on the road, looks great, offers comfort and convenience that rival even a new Mercedes. I just don't understand. There are not many of them, So I would consider it rare enough. I see more rolls royces in this city than CL class Mercedes. Not to mention wherever I go I keep getting compliments, questions, and everything else. What is it that sets values to a car after so long. I think its crazy I can get a cl500 series Mercedes for a lot cheaper than a 1990 560sec. It just boggles my mind....
It is still one of the most technological advance cars on the road, looks great, offers comfort and convenience that rival even a new Mercedes. I just don't understand. There are not many of them, So I would consider it rare enough. I see more rolls royces in this city than CL class Mercedes. Not to mention wherever I go I keep getting compliments, questions, and everything else. What is it that sets values to a car after so long. I think its crazy I can get a cl500 series Mercedes for a lot cheaper than a 1990 560sec. It just boggles my mind....
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From: In my garage
E55, GLS450, GL63, GLE350
The car has a very poor reliability reputation and can be uber expensive to maintain. If the car did not have ABC suspension, it would not be that expensive to own. It's the ABC that kills the CL/SL/S values because that's a majority of the issues owners experience.
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From: Los Angeles
2009 SL550 Roadster Diamond White, 2008 CLK550 Coupe Obsidian Black
Yup the cost of a whole new ABC system is just as much or more than the price of some CLs on market. Definitely brings the value down. Even with air suspension, it will drop the resale, but not as close to ABC. People just run away from those things since they cost big bucks to replace. One of the reasons I sold my 04 E320 with airmatic. My two rear shocks were leaking and I did not want to deal with it and what else may eventually come up (among other things such as SBC and the dreaded fuel tank issue). Also, it's a coupe, definitely less demand versus an S class sedan.
Last edited by gaazmon; Aug 12, 2014 at 02:01 PM.
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From: Western New York, USA
2004 CL500
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From: Western New York, USA
2004 CL500
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Joined: Oct 2013
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From: Dallas
08 E63 AMG P30, 2013 S550, 09 E63, 14 E63 S Wagon, 14 E350 Wagon(current), 13 C63 P31 (current)
Well I am glad that you havent experienced the common issues with these cars, and hope that you never do. When running in top shape, these cars are awesome.
Having said that, these problems are "common" and the likelihood of them occurring as time goes by is likely.
As far as rarity, I think just the cl63s were very low production. Otherwise still a production car and the rarity part on a cl500 etc wont bring but maybe a few hundred dollars when sold if that.
I understand its a car you dont see where you live but on a larger scale its not that rare. Selling prices or depreciation obviously reflects that.
Having said that, these problems are "common" and the likelihood of them occurring as time goes by is likely.
As far as rarity, I think just the cl63s were very low production. Otherwise still a production car and the rarity part on a cl500 etc wont bring but maybe a few hundred dollars when sold if that.
I understand its a car you dont see where you live but on a larger scale its not that rare. Selling prices or depreciation obviously reflects that.
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Joined: Nov 2009
Posts: 14
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2002 cl500
My 2002 CL500 has 142,000 miles and I was given a $4,000 trade in value today at the dealer. Not to mention, I need $8300 in repairs according to the dealer.
Its a beautiful car. I get compliments. Its kept its style even for a 12 year old car. Just very expensive to maintain. My service Advisor told me after the warranty is up, get rid of these cars. or pay the extra $4000-$5000 for extended warranty and be worry free until 100k miles.
Its a beautiful car. I get compliments. Its kept its style even for a 12 year old car. Just very expensive to maintain. My service Advisor told me after the warranty is up, get rid of these cars. or pay the extra $4000-$5000 for extended warranty and be worry free until 100k miles.
Thread Starter
Super Member
Joined: Feb 2009
Posts: 780
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From: Dallas, TX
Range Rover
My 2002 CL500 has 142,000 miles and I was given a $4,000 trade in value today at the dealer. Not to mention, I need $8300 in repairs according to the dealer.
Its a beautiful car. I get compliments. Its kept its style even for a 12 year old car. Just very expensive to maintain. My service Advisor told me after the warranty is up, get rid of these cars. or pay the extra $4000-$5000 for extended warranty and be worry free until 100k miles.
Its a beautiful car. I get compliments. Its kept its style even for a 12 year old car. Just very expensive to maintain. My service Advisor told me after the warranty is up, get rid of these cars. or pay the extra $4000-$5000 for extended warranty and be worry free until 100k miles.
8300?!?!?!
where you able to drive it there? what the heck is wrong with it?
Newbie
Joined: Nov 2009
Posts: 14
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2002 cl500
1) brakes and rotors
2) new flex discs (front and rear)
3) new motor mounts and transmission mount (1100 parts and labor)
4) new trunk latch (918 parts and labor)
5) control arms left and right (2000 ?)
6) oil level sensor and oil change
7) new serpentine belt and tensior and idler pulley
and like 2 other things.
Member
Joined: May 2013
Posts: 120
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From: Florida
2008 S65 AMG, 2005 SL65 AMG, 2005 Porsche Carrera, 2011 Shelby GT500, 2001 Acura CL Type S
being technologically advanced does not mean that it is based on great design. It has so many point of failures which would require a AAA call that makes one wonder if anybody on the MB engineering team was thinking or just throwing anything at it that would stick.
For the sake of the conversation, consider the piece of crap ignition system based on most fragile components one can imagine (coil packs). When these things go, car is dead.
Or ABC system. MB claims it is maintenance-free which is BS. Once again, MB enginners (or sales) is not thinking here.
It is a fantastic car when it is new but if you look at its design and durability, it is a nightmare.
I would not buy another Mercedes after the CL (except for the SL possibly
. Actually, I drive the CL only to the beach and back. I would not even think of taking to on a road trip.
For the sake of the conversation, consider the piece of crap ignition system based on most fragile components one can imagine (coil packs). When these things go, car is dead.
Or ABC system. MB claims it is maintenance-free which is BS. Once again, MB enginners (or sales) is not thinking here.
It is a fantastic car when it is new but if you look at its design and durability, it is a nightmare.
I would not buy another Mercedes after the CL (except for the SL possibly
. Actually, I drive the CL only to the beach and back. I would not even think of taking to on a road trip.The S class W220, I can somewhat understand but the CL, makes no sense.
It is still one of the most technological advance cars on the road, looks great, offers comfort and convenience that rival even a new Mercedes. I just don't understand. There are not many of them, So I would consider it rare enough. I see more rolls royces in this city than CL class Mercedes. Not to mention wherever I go I keep getting compliments, questions, and everything else. What is it that sets values to a car after so long. I think its crazy I can get a cl500 series Mercedes for a lot cheaper than a 1990 560sec. It just boggles my mind....
It is still one of the most technological advance cars on the road, looks great, offers comfort and convenience that rival even a new Mercedes. I just don't understand. There are not many of them, So I would consider it rare enough. I see more rolls royces in this city than CL class Mercedes. Not to mention wherever I go I keep getting compliments, questions, and everything else. What is it that sets values to a car after so long. I think its crazy I can get a cl500 series Mercedes for a lot cheaper than a 1990 560sec. It just boggles my mind....
MBWorld Fanatic!
Joined: Jan 2008
Posts: 6,150
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Mercedes
Most of this stuff are things that need future attention. All of this sh*t they found and all i did was go in to get my ac system recharged
1) brakes and rotors
2) new flex discs (front and rear)
3) new motor mounts and transmission mount (1100 parts and labor)
4) new trunk latch (918 parts and labor)
5) control arms left and right (2000 ?)
6) oil level sensor and oil change
7) new serpentine belt and tensior and idler pulley
and like 2 other things.
1) brakes and rotors
2) new flex discs (front and rear)
3) new motor mounts and transmission mount (1100 parts and labor)
4) new trunk latch (918 parts and labor)
5) control arms left and right (2000 ?)
6) oil level sensor and oil change
7) new serpentine belt and tensior and idler pulley
and like 2 other things.
Thread Starter
Super Member
Joined: Feb 2009
Posts: 780
Likes: 11
From: Dallas, TX
Range Rover
20k in repairs and it drives just fine... What's wrong with this picture.. lol
Thread Starter
Super Member
Joined: Feb 2009
Posts: 780
Likes: 11
From: Dallas, TX
Range Rover
Back of forth once or twice every two weeks to work just to show off. Agreed, would NEVER take this car one a road trip. Unless I swap it to coils one day. Vegas here I come!
MBWorld Fanatic!
Joined: Jan 2008
Posts: 6,150
Likes: 533
Mercedes
I've taken mine on several road trips
The only breakdown I had was a flat tire which was partially my fault as I had seen the rear tread was completely worn - just didn't see how bad it was worn in the inner side
The only breakdown I had was a flat tire which was partially my fault as I had seen the rear tread was completely worn - just didn't see how bad it was worn in the inner side
