what's the trade in value of CLK 55 AMG?
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Super Member
Joined: May 2004
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From: Seoul, Korea
04 CLK55, IWC CLS55 AMG(one of 55), 07 Honda CR-V 4WD
what's the trade in value of CLK 55 AMG?
I have 2004 W209 CLK 55 AMG w/o keyless and parktronic and distronic.
20000 miles on it. Excellent condition inside out. What is the value of the car?
20000 miles on it. Excellent condition inside out. What is the value of the car?
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From: Charlotte, NC
No longer car shopping...
Originally Posted by JLee81
I have 2004 W209 CLK 55 AMG w/o keyless and parktronic and distronic.
20000 miles on it. Excellent condition inside out. What is the value of the car?
20000 miles on it. Excellent condition inside out. What is the value of the car?
They didn't have a 2004 listed at Kelly but I was able to run a 2003 (same body type) and applied equivilant miles to it (30K). It came back with a $37Kk trade in value. The 2002's value (40K miles) was $32K. Straight-line extrapulation would indicvate a $5K bump for a 2004 model. Therego, your value should be around $42K. There are no values for the Parktonic or distronic options. They could bump the value up another $2K...
Senior Member
Joined: Mar 2004
Posts: 346
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From: OC
MB & BMW
Clk55
Hey JLEE81,
Sorry to say, the prices have drastically dropped for us Merc owners.
I got an offer from a dealer for my 04' CLK55 loaded w/o distronic/parktronic
for 58k. I have 10k miles on it, and in excellent condition.
So Im sure you can get a better deal from selling it privately.
Good luck-
Sorry to say, the prices have drastically dropped for us Merc owners.
I got an offer from a dealer for my 04' CLK55 loaded w/o distronic/parktronic
for 58k. I have 10k miles on it, and in excellent condition.
So Im sure you can get a better deal from selling it privately.
Good luck-
Newbie
Joined: Feb 2005
Posts: 9
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From: Portland, OR
03' CLK55, Black w/ Lorinser RS5 wheels. 00' Acura NSX, 07' Honda Ridgeline, 99' Jeep Wrangler.
Trade In vs. Retail
This might help if you work the numbers backwards. I just bought an 03' w/ 14k miles...Mercedes certified with extended waranty for $52k. The car is perfect. Previous owner got $46,000 trade-in. Dealer says the certification and extended warranty is worth $3k. Figure they likely have a $3k margin. It adds up.
Hey...that's why I bought used!
Hey...that's why I bought used!
Senior Member
Joined: May 2003
Posts: 458
Likes: 1
From: Oxford, Pa
03 CLK55
Ndabunka is right on the money here...
Originally Posted by ndabunka
I guess the truth is .... It depends. What are you trading for? Another Merc? If so, the values might be resonable. If your interested in the TRUE value, get the Manheim information. Next best approach is to go to Kelly (not NADA) and run their "wholesale" values for your particular car. Don't even bother putting in "excellent" as the condition because no dealer will do the saem. Rather, put "good" in and run the report.... Had a few minutes so I ran it for you... Cover your ears and eyes and turn log off now if you don't want to face the truth....
They didn't have a 2004 listed at Kelly but I was able to run a 2003 (same body type) and applied equivilant miles to it (30K). It came back with a $37Kk trade in value. The 2002's value (40K miles) was $32K. Straight-line extrapulation would indicvate a $5K bump for a 2004 model. Therego, your value should be around $42K. There are no values for the Parktonic or distronic options. They could bump the value up another $2K...
They didn't have a 2004 listed at Kelly but I was able to run a 2003 (same body type) and applied equivilant miles to it (30K). It came back with a $37Kk trade in value. The 2002's value (40K miles) was $32K. Straight-line extrapulation would indicvate a $5K bump for a 2004 model. Therego, your value should be around $42K. There are no values for the Parktonic or distronic options. They could bump the value up another $2K...
No pun intended. The Manheim auction is without question the final authority on used car values. It's what every dealership uses (At least around here), but I have to add that the NADA dealer guide is pretty useful to, as they list the "loan" value, which is what every dealer uses...
It's really a bummer about how drastically the CLK55's are depreciating. Unbelievable depreceiation. Granted almost every car depreceiates (Short of collectable cars like an Enzo, or older Ferrari), but most don't depreceiate 50% in a year or two. It really bites the big one. I was thinking about getting an SLK55, but I'm not willing to lose $40,000!! So I've decided to stick with my CLK, and do some mods...
So what's the story JLee? Are you thinking about getting out of your CLK? Did you ever get those exhaust issues resolved? I'm curious to know what's happened, as you know that I am thinking about getting similar mods. I for one, will be bummed if you give up on your CLK...
Best regards,
Matt
Thread Starter
Super Member
Joined: May 2004
Posts: 612
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From: Seoul, Korea
04 CLK55, IWC CLS55 AMG(one of 55), 07 Honda CR-V 4WD
For the exhaust setting, I am still working on it. The Check Engine light comes on because of rear O2 sensor Heater circuit problems. Need to fix that also I need to re tourque all the joints of headers and downpipe because the exhaust gas is leaking. Hopefully when my car comes out of the shop, problems all will be gone. My ECU tuning will be next. So wait for that one to come up. I was thinking about switching to Carrera 997 or Cayenne Turbo.
But well... this car depreciated a lot. So I better stick with this and get a supercharger for my car. That will pump up the value of the car a bit. Because, it will be really rare to have it in W209 CLK55. 620bhp. That's a supercar hp figure with comfort.
But well... this car depreciated a lot. So I better stick with this and get a supercharger for my car. That will pump up the value of the car a bit. Because, it will be really rare to have it in W209 CLK55. 620bhp. That's a supercar hp figure with comfort.
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From: Mile High City
W208
Originally Posted by JLee81
For the exhaust setting, I am still working on it. The Check Engine light comes on because of rear O2 sensor Heater circuit problems. Need to fix that also I need to re tourque all the joints of headers and downpipe because the exhaust gas is leaking. Hopefully when my car comes out of the shop, problems all will be gone. My ECU tuning will be next. So wait for that one to come up. I was thinking about switching to Carrera 997 or Cayenne Turbo.
But well... this car depreciated a lot. So I better stick with this and get a supercharger for my car. That will pump up the value of the car a bit. Because, it will be really rare to have it in W209 CLK55. 620bhp. That's a supercar hp figure with comfort.
But well... this car depreciated a lot. So I better stick with this and get a supercharger for my car. That will pump up the value of the car a bit. Because, it will be really rare to have it in W209 CLK55. 620bhp. That's a supercar hp figure with comfort.
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2005 CLK55 Cab
Originally Posted by JLee81
I was thinking about switching to Carrera 997 or Cayenne Turbo.
very very tempting. stuck like GLUE to the road. Amazing car ....
Member
Joined: Nov 2004
Posts: 77
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From: Road Atlanta
996 TT
has anyone tried www.kbb.com
and secondly why is everyone getting rid of them with such low mileage. The reason I ask is because my fiance' was about to get one, upgrading from a 04' c320
and secondly why is everyone getting rid of them with such low mileage. The reason I ask is because my fiance' was about to get one, upgrading from a 04' c320
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sl and M-class E320 4Matic SLK350
It's the body
To answer the last question - it is the body style change. One always takes a big hit depreciation wise when a new body style is introduced. It looks like there will be a significant face lift in a few months and a major body style change within two years for the CLK line so why not enjoy the "classic" lines of the prior body style and just skip to the soon to be new new body style in another 48 months - or at least wait until the facelift later this year.
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Posts: 77
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From: Road Atlanta
996 TT
Originally Posted by northbenz
To answer the last question - it is the body style change. One always takes a big hit depreciation wise when a new body style is introduced. It looks like there will be a significant face lift in a few months and a major body style change within two years for the CLK line so why not enjoy the "classic" lines of the prior body style and just skip to the soon to be new new body style in another 48 months - or at least wait until the facelift later this year.
Does anyone have any pics of what the face lift or new body style is going to look like. Im glad I found this out because I would have been pissed. It's crazy how fast they are losing value though.
Super Member
Joined: Dec 2004
Posts: 621
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From: Mile High City
W208
Originally Posted by lovem5wantm6
Does anyone have any pics of what the face lift or new body style is going to look like. Im glad I found this out because I would have been pissed. It's crazy how fast they are losing value though.
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sold.
Originally Posted by Co 55 AMG
It is crazy,I do not like it but , it is what it is.
http://www.benzworld.org/forums/foru...posts=3&fid=21
Senior Member
Joined: May 2003
Posts: 298
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From: Los Angeles, CA, USA
2002 CLK55 Cabriolet (DEAD: 1989 300E, 1984 Cadillac Eldorado Biarritz Convertible)
Originally Posted by northbenz
To answer the last question - it is the body style change. One always takes a big hit depreciation wise when a new body style is introduced. It looks like there will be a significant face lift in a few months and a major body style change within two years for the CLK line so why not enjoy the "classic" lines of the prior body style and just skip to the soon to be new new body style in another 48 months - or at least wait until the facelift later this year.
(If you are over 40 ... tell me you didn't think things like Plymouth Hemi Superbird Roadrunners and 442 Chevelles and the like weren't butt-ugly white trash cars back in the early 70's ... I sure did - as a very young teenager anyway - and now they are going for $100,000, $200,000, $300,000?!?!?!??!? See http://www.barrett-jackson.com/aucti....asp?id=178718 for example
)
