CLK 55 Resale Value-What is going on with this car??
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CLK 55 Resale Value-What is going on with this car??
I have a 2001 CLK 55 Black/Charcoal with 8,500 miles on it for sale in the San Francisco Bay Area. The value on the car is all over the place. Blue book is mid 60s (supposedly), private lots have them for $61-$62k and I have seen cars (only Silver or white ones) from Porsche and Mercedes dealers (Starmark ones!) from the mid to low 50s!
What is going on with these cars? Please don't give me any of the usual dot com bull****, but please do give me some feedback on what you are seeing. I don't have to sell the car, but I have too many cars and this was one that I was trying to sell since it is leased and has a year left on the lease. Any thoughts?
What is going on with these cars? Please don't give me any of the usual dot com bull****, but please do give me some feedback on what you are seeing. I don't have to sell the car, but I have too many cars and this was one that I was trying to sell since it is leased and has a year left on the lease. Any thoughts?
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That was one thing that I definitely think was affecting sales for a while. However, I saw the new CLK500 parked on the street yesterday and think that it will actually help sales of the old body style given its looks (I apologize to anyone that likes it, but I think it is extremely ugly and looks like the ugly stepbrother of the c class; it lost all of its character). I think there may be a big backlash to the new body style, kind of like when the new Porsche body style came out in 1999.
However, I don't want to turn this thread into a discussion about the new 209 body style. I am still trying to figure out where the market is on the 208 CLK 55 body style today given that the new body style is out.
However, I don't want to turn this thread into a discussion about the new 209 body style. I am still trying to figure out where the market is on the 208 CLK 55 body style today given that the new body style is out.
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I'm not sure what's up with all 208 prices lately. But I do think those 55 pilots that are looking to purchase a 209 55 now having seen the 209 500 and liking it may be thinking now is the time to unload theirs before the new one is out next year,perhaps this could explain the sudden drop in 55 value
RJC
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209 came out. Happens every time a new model comes out -- people rush to buy it - and the old style gets left behind. 208 is timeless though -- you'll still get a good price, just not as good as you would have 8 months ago.
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From: Florida
2002 CLK 55 AMG Coupe ;)
Originally posted by clkfrk
209 came out. Happens every time a new model comes out -- people rush to buy it - and the old style gets left behind. 208 is timeless though -- you'll still get a good price, just not as good as you would have 8 months ago.
209 came out. Happens every time a new model comes out -- people rush to buy it - and the old style gets left behind. 208 is timeless though -- you'll still get a good price, just not as good as you would have 8 months ago.
Once this new reality sets in after the CLK55 AMG's USA introduction next year, the desirability of the 208 will rise.
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1973 280
I agree...a new body style appears, better or worse looking/performing, and the value of the last body style either jumps around, or drops considerably. Given time, they will level out, and more than likely on the higher side of the margain. I know it sounds slightly wacky, but I have a 1992 Toyota PIckUp with every option except leather and automatic. I bought it used, shortly after the Tacoma came out. The value dropped considerably, now, 7 years later, I'm getting offers that are exactly what I paid for it due to it's condition compared to other SR-5s, and Tacomas. Another example is the Mustang. While the 5.0 body (1987-1993) was very popular, the next body came out (1994-present) and the 5.0 fell through the floor. However, there was a breif period that they rose, nearly matching the cost of used 1994-present bodies. Currently, the 5.0s are less, but not by much. I think the same will happen with the CLK.
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From: Sri Lanka
Originally posted by Chappy
Many brands are now pushing their product out the door with 0.0% financing, even up to 5 years. That's tough to beat vs. buying pre-owned.
Many brands are now pushing their product out the door with 0.0% financing, even up to 5 years. That's tough to beat vs. buying pre-owned.
good luck with selling your car... i sold mine to car max
if you have one in your area.. go there and get it appraised, you might get a good price.....
