GLK - AMG Dilemma
Thread Starter
Junior Member
Joined: Aug 2013
Posts: 22
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From: Cincinnati Ohio
2007 E63 211
GLK - AMG Dilemma
Hi. I recently bought a GLK and I absolutely love it. Now I want a fun car. But, I'm missing something aboutvalues.
Ok, so I’m interested in afast Benz. I’ve been looking at 2005/2004E55’s and some C and E 63's. But this is about the E55's. I’m finding 20,000 – 30,000mile 2004/2005’s with asking prices that are 135% - 140% of the NADA clean retailvalue.
So, is the algorithm behindthe low mileage adjustment of $6000 - $7000 really that phenomenally inaccurate?
Is there some kind oftemporary shortage that the NADA stats just haven’t caught up with yet? (yeah right!)
Is this just such a lowvolume segment of the market that there is a very low sampling of data?
What do you think?
theTripleD
Ok, so I’m interested in afast Benz. I’ve been looking at 2005/2004E55’s and some C and E 63's. But this is about the E55's. I’m finding 20,000 – 30,000mile 2004/2005’s with asking prices that are 135% - 140% of the NADA clean retailvalue.
So, is the algorithm behindthe low mileage adjustment of $6000 - $7000 really that phenomenally inaccurate?
Is there some kind oftemporary shortage that the NADA stats just haven’t caught up with yet? (yeah right!)
Is this just such a lowvolume segment of the market that there is a very low sampling of data?
What do you think?
theTripleD
Junior Member
Joined: Jan 2013
Posts: 34
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From: Pittsburgh
2005 C55, 2007 Volvo XC90 V8 Sport
Welcome thetripled. I would say that your last thought about a low sample size would be the most accurate.
The reality is this. AMG cars have such a low production number and are not a familiar performance machine to the vast majority that the car itself will vary significantly throughout the year. As winter hits you will see priced come down to avoid having to store them over the cold months. There is not a lot of demand for the limited supply. The asking price generally has a lot of wiggle room, especially if you are working with a private seller. Don't get to worried about keeping you mileage so low with a 04/05. but be aware that the E55 has some costly suspension considerations.
Good luck, and happy hunting.
The reality is this. AMG cars have such a low production number and are not a familiar performance machine to the vast majority that the car itself will vary significantly throughout the year. As winter hits you will see priced come down to avoid having to store them over the cold months. There is not a lot of demand for the limited supply. The asking price generally has a lot of wiggle room, especially if you are working with a private seller. Don't get to worried about keeping you mileage so low with a 04/05. but be aware that the E55 has some costly suspension considerations.
Good luck, and happy hunting.
Thread Starter
Junior Member
Joined: Aug 2013
Posts: 22
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From: Cincinnati Ohio
2007 E63 211
Thanks Cloin. That's good to know and makes sense. I'll monitor over time to see the winter change in price. Also, I found it peculiar that the C seems to hold it's value much better that the E. Looking at values from 09 to now, the E and C which were originally $30k different in price, now go for the same price. Amazing. I'm guessing this is due to the suspension and many more aging parts/features.
2009 E63
MSRP $87,700
Average Used Retail Now $38,500
2009 C63
MSRP $56,300
Average Used Retail Now $38,200
2009 E63
MSRP $87,700
Average Used Retail Now $38,500
2009 C63
MSRP $56,300
Average Used Retail Now $38,200
Thread Starter
Junior Member
Joined: Aug 2013
Posts: 22
Likes: 0
From: Cincinnati Ohio
2007 E63 211
2007 E63 for the win!
Well, i pulled the trigger and flew across 6 states to pick up my new ride. I couldn't be happier! 28000 miles so it practically new. Happy, happy, happy!
Thread Starter
Junior Member
Joined: Aug 2013
Posts: 22
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From: Cincinnati Ohio
2007 E63 211
