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Cars could be lemoned, hit, repo, rode hard or any combination of those. Hard to gauge anything from those numbers.
Incorrect.
Factory is just the descriptor given (brass hat car or MBFS auction line owned by Mercedes)- If those were truly Manufacturer BB's the pricing would be even less.
I know what cars run the line, easy to gauge... and easy to gauge wholesale values if one knows the biz
Factory is just the descriptor given (brass hat car or MBFS auction line owned by Mercedes)- If those were truly Manufacturer BB's the pricing would be even less.
Not always Vic. I used to buy. Brass hat means MSO cars and nothing more. Car could've never been titled properly either. Factory cars could even be AMG academy. Auctions aren't always accurate on their descriptions either.
Larger point is that you can't tell anything about the car by those listings. How is a "factory" in below condition at 1300 miles. Could be a number of things very wrong.
Not always Vic. I used to buy. Brass hat means MSO cars and nothing more. Car could've never been titled properly either. Factory cars could even be AMG academy. Auctions aren't always accurate on their descriptions either.
Larger point is that you can't tell anything about the car by those listings. How is a "factory" in below condition at 1300 miles. Could be a number of things very wrong.
Im in the biz I saw the last runs and have full access to all the pics and watch the lanes go--- factory is Benz's line not BB's (its their own lane at all the Manheim auctoins) and I just used Brass hat as a possibility. If you knew MMR then you would know that no car, no matter how good the condition, will get a higher rating over a car that sells for less. "Below" via MMR is always indicative of sale price not condition- its a misnomer and Ive witnessed countless cars that were in better condition but sold for less due to market conditions and thus got the "below" rating. Find me one car that has an "above" indicator that has a price lower than an "average" or one "average" indicator that has a price lower than a "below".
Bottom line is the cars are dropping huge--- I have contacts at the highest levels- I know.
Does not surprise me that an MRSP car of $130K get auctioned at low 100s. A dealer buying this car would retail it in the mid 110s.
You lose 15% just driving it off the lot so that's 20K right there.
We all know expensive options like cf or CCB add little value.
Looks to me like any other average car on the market.
AMGs drop like a rock...even Sl 65 Black series with 175 units and fantastic performance can be bought for as low as 169K with less than 15,000. It was a $299,000 car when launched.....AMG are bought to drive the blank out of and not at all a good speculative investment, or drive a few years and hope to sell at what you bought it for.....the SLS may get lucky and at least hold value.....although the last editions are doing well in the short term....
All cars over 150 drop a lot. Look a mcclaren. I will give props to GT3RS until ......warranty runs out and BOOM
I would suspect GTR will not.
Almost all of my cars Ive owned that cost over 150 dropped heavily; except for these which I was still able to sell immediately (after 8 months or more of ownership) for more than I paid:
2014 Ferrari 458
2015 Porsche GT3
I really don't think I can list any others LOL. My 2012 Audi R8 V10 value kept up with the depreciation and I was able to sell it for a nice penny and Ill bet my BS will hold a good dollar too but overall cars are never going to appreciate. My Huracan has dropped a lot lately but I stole it along with my Turbo S and the GTS. But depreciation is exclusive of the price one pays; I'm just happy to have/had these cars and understand that the "pay to play" mentality applies here.
2008 CLK63 Black Series 2012 C63 Black Series 2014 SLS Black Series
Originally Posted by Vic55
Some recent GTS auction sales which drives the wholesale market. The GTS has lost its lustre as expected. I have spoken to several GM's in the Cali market and they have shared their thoughts. Whats funny is they also will blow out the GT model even though its newer. The entire model line is soft now.
Be careful Vic, you might **** off some of these pipe dreamers that think they've purchased the greatest automobile to roam the streets. Mercedes-Benz of Naperville is sitting on a few 2017 GT's and GT-S's, they have a blue GT on the floor, MSRP, 121,800, salesmen told e right off the bat with no dickering they knock $10K off the price.
2008 CLK63 Black Series 2012 C63 Black Series 2014 SLS Black Series
Originally Posted by Vic55
Almost all of my cars Ive owned that cost over 150 dropped heavily; except for these which I was still able to sell immediately (after 8 months or more of ownership) for more than I paid:
2014 Ferrari 458
2015 Porsche GT3
I really don't think I can list any others LOL. My 2012 Audi R8 V10 value kept up with the depreciation and I was able to sell it for a nice penny and Ill bet my BS will hold a good dollar too but overall cars are never going to appreciate. My Huracan has dropped a lot lately but I stole it along with my Turbo S and the GTS. But depreciation is exclusive of the price one pays; I'm just happy to have/had these cars and understand that the "pay to play" mentality applies here.
I made $50K on my SLS Black Series after nearly 18 months of ownership and lots of use , now they are going for $100K over MSRP. It's rare to find modern cars that appreciate like that. It was looking like Hellcats were going to do the same until Dodge flooded the market with them late last year, they were going for $25-$30k over MSRP, now dealerships can't give them away and they are being deeply discounted.
I made $50K on my SLS Black Series after nearly 18 months of ownership and lots of use , now they are going for $100K over MSRP. It's rare to find modern cars that appreciate like that. It was looking like Hellcats were going to do the same until Dodge flooded the market with them late last year, they were going for $25-$30k over MSRP, now dealerships can't give them away and they are being deeply discounted.
Yes I remember that---- Econ 101 at its finest with the parts halt slowing down production so the dealers were able to gouge those Hellcats.
Hahahahahahahah! I am so happy right now! I am laughing my *** off. You MERCEDES owners are on a sinking ship. I am just laughing and laughing!
And we are laughing at you little boy. To most of us on this forum a car is just a toy. Some days you play with one, some days another. Cars are not investments. Investments provide income to buy cars. Now go away and sulk.
I know they arent investments, its the crazies on here. I am just laughing so much I damn near lost my mind. I will be driving my boring *** porsche around (which also depreciates like a rock I'm sure) but at least it wont run on a 2 stroke lawnmower engine!!
I searched on autotrader, most used 2016 GTS are going for $120K and up, may be few for 115k, but mostly 125-130k. (West coast) where you guys found some for ~$100k? East coast?
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