CLK-Class (W208) 1998-2002: CLK 200, CLK 230K, CLK 320, CLK 430 [Coupes & Cabriolets]

Resale value??

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Old May 12, 2003 | 07:39 PM
  #1  
nickv's Avatar
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From: Houston, TX
Used to be a CLK430
Resale value??

Hey fellas,

How much do you think a '99 430 coupe will be worth in Oct. or Nov. of 2004? Let's assume mileage will be around 65K.

Also, does anyone have any information on depreciation on our cars??

TIA!!
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Old May 12, 2003 | 08:45 PM
  #2  
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2002 CLK 55 AMG Coupe ;)
Not much -- a little pocket change, plus...:

$10k to 14k ... unfortunately.

ps:
today according to Kelley Blue Book, the trade in is $19,200 in GOOD CONDITION!!

http://www.kbb.com/kb/ki.dll/kw.kc.u...***&5;MB;CK&&&
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Old May 13, 2003 | 12:52 AM
  #3  
mmgrad's Avatar
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W213 '17 E43 ///AMG - W211, W208 no more
holy smokes... that is scary... for that amount, i'd say, just keep the darn thing... have some fun with it. gosh... those numbers are a little depressing... but then again, i don't like KBB too much...

Check out edmunds.com
as of right now, estimated with 50,000 miles, the car is worth:

Trade-In: $27,810
Private Party: $30,335
Dealer Retail: $33,103

I'm guessing, add another year & 15,000 more miles, about another $2K in depreciation. Thats my guess...
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Old May 13, 2003 | 02:08 PM
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2002 CLK 55 AMG Coupe ;)
Edmunds figures are always a few k higher, benefitting the consumer, - which I like.

However REALITY is, MB dealers here go by KBB, - which I don't like.
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Old May 13, 2003 | 09:11 PM
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I heard from a couple of people to also check what your insurance company says it is worth.
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Old May 14, 2003 | 03:17 AM
  #6  
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No longer car shopping...
Dealers do NOT go by kelly

Dealers go by the "Black Book" or the Galves listings. They only tell un-educated consumer's they go by KBB because KBB screws the consumer. Galves is a subscription service.
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Old May 14, 2003 | 08:43 AM
  #7  
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From: Houston, TX
Used to be a CLK430
Re: Dealers do NOT go by kelly

Originally posted by ndabunka
Dealers go by the "Black Book" or the Galves listings. They only tell un-educated consumer's they go by KBB because KBB screws the consumer. Galves is a subscription service.
Any idea where I can get a hold of this??
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Old May 14, 2003 | 09:09 AM
  #8  
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From: New Jersey
SLS AMG | S65 AMG | GL550
Everytime a new body style comes out the older style takes a large hit...look at the last gen SL's...I have seen some SL500's sell on ebay with low miles in the $30K range. If you know your model is being replaced, sell the car before it reaches the dealerships. I am trying to sell my SLK now before its replaced next year becuase I know I will see a resale hit.

Erik
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Old May 14, 2003 | 10:07 AM
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About 5 months ago I sold a 97 E320 with 65K miles for $26,000. I hope my '99 will be worth more then $20K by YE04
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Old May 14, 2003 | 06:57 PM
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2002 CLK 55 AMG Coupe ;)
To suggest that MB dealers use the Black Book rather than the KBB is laughable!

A dealer uses any tool he/she can for the uninitiated in the "Art of Negotiation" in order to set the hook and to close a deal.
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