depreciation on 2002 E's
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depreciation on 2002 E's
Does anyone have any thoughts on how well a 2002 E 320 4matic Special Edition will hold its value in view of the new E class being introduced in a few months. My dealer has assured me that the 4matic won't be available in the new model until 2003, but I am wondering whether the new body style will hurt the value of the 2002's. Also, from a reliabilty standpoint, would there be much risk in buying one of the first new E class models. Would it be better to wait a year? Thoughts??
I always like to wait one year after a new generation model comes out. Price is a major factor as the new E will definitely sell for sticker or higher with the demand for the new look. Usually the second year of a new model has a few new adds that some people may take for granted but others welcome happily.
I know that you can steal a 2002 E 320 for invoice at most California dealers right now. If you can get any E-Class at invoice its almost always a good business decision. Keep the car in mint condition and resale should be ok plus you wont owe as much.
I always like to wait one year after a new generation model comes out. Price is a major factor as the new E will definitely sell for sticker or higher with the demand for the new look. Usually the second year of a new model has a few new adds that some people may take for granted but others welcome happily.
I know that you can steal a 2002 E 320 for invoice at most California dealers right now. If you can get any E-Class at invoice its almost always a good business decision. Keep the car in mint condition and resale should be ok plus you wont owe as much.
Last edited by Vic55; Dec 2, 2001 at 02:54 PM.
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From: Kansas City
2010 E550
If the premier of the E420 in '97 is any indication then I would say hold off on a new E untill they've at least had a year to work out any bugs. Although there didn't appear to be much difference between the E420 and the '98 E430 they drive and handle much differently. I just traded a '97 E420 for a '98 E430 and the difference is amazing.
I'd wait to see how the price holds up and to give them a chance to tweak it a little.
The '98 is attached.[IMG]http://[/IMG]
I'd wait to see how the price holds up and to give them a chance to tweak it a little.
The '98 is attached.[IMG]http://[/IMG]
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Joined: Nov 2001
Posts: 536
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From: Orlando, Florida
**SOLD***2003 E500
98 E430, which rims are those????? I have the stock 99 E430 rims on my E430, and really do not care for them, however did not want to get something super aggressive from the aftermarket.
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From: Philadelphia area
2010 ML550, 2010 E350 4M, 1966 Corvette Convt C2
For a approxamate indication of future value, try contacting a leasing company such as MBCC and see what sort of residual they are putting on these cars. Number should be somwhere between wholesale and retail.
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Joined: Nov 2001
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From: Kansas City
2010 E550
Had to pay 8K but my 97 had 67,000 miles and this one has 25000 miles. Also it's a Sport which I really like-flashier look! And the 98 goes 0-60 in almost a second shorter (don't have any idea why) and it doesn't have the tight steering tht the 97 did. OK-that's all the crap I fed my wife (it's still true) I was just ready for a little change.
