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-   -   CLK63 Black Series - Russo and Steele Monterey 2017 (https://mbworld.org/forums/clk63-black-series-forum-registry/678641-clk63-black-series-russo-steele-monterey-2017-a.html)

Meeyatch1 08-22-2017 09:04 AM

CLK63 Black Series - Russo and Steele Monterey 2017
 
Does anyone know what this white CLK63 Black Series sold for at Russo and Steele Monterey this past weekend? They have not updated their site, and appear slow to do so with auction results. My gut says it sold for painfully cheap since it has 51k miles, and a 7k mile car at Mecum only brought a high bid of $60k. :crazy:

https://russoandsteele.com/vehicle-d...red&showpage=3

JDB 08-24-2017 12:59 PM

2008 Mercedes-Benz CLK 63 AMG “Black Series” Coupe
Consignment # 1125 Sold For: $72,600.00
(Note: That might be $66,000.00 + 10% Commission)

TeamF1Jr 08-25-2017 10:13 AM

The white CLKBS with 51k mileage went for $72,600 according to Russo's website, however it doesn't mention if that includes the premium or not.

By the way, didn't the black one no sale at $65k and not $60k? Russo's site doesn't show the no sale cars.

Meeyatch1 09-06-2017 02:07 PM


Originally Posted by TeamF1Jr (Post 7249129)
The white CLKBS with 51k mileage went for $72,600 according to Russo's website, however it doesn't mention if that includes the premium or not.

By the way, didn't the black one no sale at $65k and not $60k? Russo's site doesn't show the no sale cars.

That price makes no sense. The black one was a 'No Sale' at $60k with 7k miles, and I had people beating me up left and right for asking $62k for my 30k mile car with impeccable service history at Mercedes since it was new.

ET550 09-06-2017 02:57 PM

The white car at Russo and Steele most likely sold for $66,000 which would result in a final price of $72,600 with the 10% buyers premium. The black car at Mecum was a no sale at $65,000 (not $60K) which would have resulted in a $71,500 final price. Maybe Russo and Steele had the right buyers in the room and Mecum did not. Maybe the premium for a white car is equivalent to the premium for a low mileage car. Unless the two cars are at the same auction together and are being auctioned off at equivalent times, it is very difficult to compare results, as it all depends on who happens to be in the room at the time. Therefore it is hard to say that the prices make no sense. And lets not forget the sellers' side of the equation. The seller of the white car netted $59,400 while the seller of the low mileage black car was unwilling to accept a net price of $58,500.

Doctodd33 09-07-2017 12:30 AM


Originally Posted by ET550 (Post 7258323)
The white car at Russo and Steele most likely sold for $66,000 which would result in a final price of $72,600 with the 10% buyers premium. The black car at Mecum was a no sale at $65,000 (not $60K) which would have resulted in a $71,500 final price. Maybe Russo and Steele had the right buyers in the room and Mecum did not. Maybe the premium for a white car is equivalent to the premium for a low mileage car. Unless the two cars are at the same auction together and are being auctioned off at equivalent times, it is very difficult to compare results, as it all depends on who happens to be in the room at the time. Therefore it is hard to say that the prices make no sense. And lets not forget the sellers' side of the equation. The seller of the white car netted $59,400 while the seller of the low mileage black car was unwilling to accept a net price of $58,500.

Auctions are hit or miss

Meeyatch1 09-08-2017 09:33 AM


Originally Posted by ET550 (Post 7258323)
The white car at Russo and Steele most likely sold for $66,000 which would result in a final price of $72,600 with the 10% buyers premium. The black car at Mecum was a no sale at $65,000 (not $60K) which would have resulted in a $71,500 final price. Maybe Russo and Steele had the right buyers in the room and Mecum did not. Maybe the premium for a white car is equivalent to the premium for a low mileage car. Unless the two cars are at the same auction together and are being auctioned off at equivalent times, it is very difficult to compare results, as it all depends on who happens to be in the room at the time. Therefore it is hard to say that the prices make no sense. And lets not forget the sellers' side of the equation. The seller of the white car netted $59,400 while the seller of the low mileage black car was unwilling to accept a net price of $58,500.


I got the no sale at $60k number from a picture of the car my friend who was at the sale sent me which, at the time, said it was a no sale at $60k. If that was an error, my apologies.

Everyone has their opinions, so I will not begrudge you to have yours. But even if we eliminate the color of the car being the variable. I have seen a few different white cars sit for long periods of time with significantly less than the 51k miles this car had, and lower asking prices. Because no matter what the owner received, it is what the buyer paid that really matters to me. Hence why I am still surprised that someone paid $66k for a 51k mile car that really was not outstanding in any way to make it special in my eyes (not 100% stock, not low mileage, not an abundance of documentation or history, etc). The 7k mile car at a lower price would seem to make more sense for collectability or even if you wanted to drive it (since the car is essentially brand new).

For perspective, I am also using all of the conversations, emails, and other feedback I had when selling my car as a basis for this. It seemed like everyone in the world was beating me up for 'high mileage' at 30k miles. Individual buyers and dealers all seemed to chant the same song. I understand why the 7k mile owner did not sell. But I really am surprised that the 51k mile car pulled such a high number. He could have bought that 37k mile white car online for $7k LESS.

Either way....I respect your opinion, and thank you for another perspective to consider. Auctions are so amazing in their unpredictability.

ET550 09-08-2017 02:51 PM


Originally Posted by Meeyatch1 (Post 7259671)
I got the no sale at $60k number from a picture of the car my friend who was at the sale sent me which, at the time, said it was a no sale at $60k. If that was an error, my apologies.

Everyone has their opinions, so I will not begrudge you to have yours. But even if we eliminate the color of the car being the variable. I have seen a few different white cars sit for long periods of time with significantly less than the 51k miles this car had, and lower asking prices. Because no matter what the owner received, it is what the buyer paid that really matters to me. Hence why I am still surprised that someone paid $66k for a 51k mile car that really was not outstanding in any way to make it special in my eyes (not 100% stock, not low mileage, not an abundance of documentation or history, etc). The 7k mile car at a lower price would seem to make more sense for collectability or even if you wanted to drive it (since the car is essentially brand new).

For perspective, I am also using all of the conversations, emails, and other feedback I had when selling my car as a basis for this. It seemed like everyone in the world was beating me up for 'high mileage' at 30k miles. Individual buyers and dealers all seemed to chant the same song. I understand why the 7k mile owner did not sell. But I really am surprised that the 51k mile car pulled such a high number. He could have bought that 37k mile white car online for $7k LESS.

Either way....I respect your opinion, and thank you for another perspective to consider. Auctions are so amazing in their unpredictability.

I wasn't offering an opinion so much as a possible explanation for the "surprising" results. Except for the fact that auctions were involved, I would otherwise agree with your analysis. However, since I just turned 60K miles on my BS from new, I will always be happy to see a high mileage example sell for a big number, whatever the reason.


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