S-Class (W221) 2007-2013: S 320 CDI, S 350, S 450, S 500, S 550, S 420 CDI, S 600

Why is the resale value of S600 so low?

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Old 11-20-2008, 05:31 PM
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09 S550
That is why Chrysler is asking for money now and with the way this is going they will have less and less customers and will need even more money to stay in business.
Old 11-20-2008, 06:52 PM
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Main reason why Chrysler Financial got out of the leasing business; they were getting killed when the cars were turned in.

I agree with what was said before. Car leases are going to be gone for a while. You're going to see a lot of "attractive" financing offers.
Old 11-21-2008, 12:58 AM
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S, GL, Escalade ESV, my shoes
Originally Posted by s clss 35
Hey guys,does any one know why the resale value of the S600 is so low? Do they have Mechanical problems?
It's not Mercedes that have mechanical problems, it's the world wide economy that have fuel pump and transmission problem.
Old 11-21-2008, 12:59 AM
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2018 S63 Sedan and 2012 E350 Cabriolet
Did a quick search on autotrader for 2007 S600 ...

For those with less than 10K miles, the price ranges from $75,990 to around $150K. Just one is below $80K. Others are in 90s. I think that, given the economic circumstances, these are fair prices.

Thanks!!
Old 11-21-2008, 12:05 PM
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2005 Range Rover HSE, 2008 BMW M3 Cab d/c, 2010 GL550 (wifes), 1993 Porsche 928GTS 32kmi garage quee
Originally Posted by cjf_moraga
Well said I will likely have an ECU upgrade to a zillion horsepower and run it into the ground... In the meanwhile there ain't and won't be anything better to buy in this class.

Chris
LOL.....LOL
Chris I got to tell you when I first read that yesterday I was laughing.
I read it again and laughed again. Last night in my car I was laughing and this morning laughing again thinking about ECU to a zillion horsepower!!!! Thats funny shi....! Thats one major reason for my purchase over the 63.
I knew it could be easily modified to infinity or as you say a ZILLION horsepower. I will probably go Renntch as Trumpet did or Brabus once the warranty is out. For now though the car still is amazing every time!
Old 11-21-2008, 12:08 PM
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2005 Range Rover HSE, 2008 BMW M3 Cab d/c, 2010 GL550 (wifes), 1993 Porsche 928GTS 32kmi garage quee
I agree with Ahmad. Wholesale auction prices are one thing. The dealers are being very cautious right now. The real retail price for a clean 07 600 should be around $80k I think.
Old 11-21-2008, 08:45 PM
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Originally Posted by vonbeeler
I agree with Ahmad. Wholesale auction prices are one thing. The dealers are being very cautious right now. The real retail price for a clean 07 600 should be around $80k I think.
Local dealer by me asking 70k a 07 w/ 15k on it. There are very few buyers out there.
Old 11-22-2008, 04:29 AM
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on a sidenote, how come s600 brakes differ in different markets? if you look at some euro/japanese s600.They have larger/different calipers to us/australian
Old 11-22-2008, 04:39 AM
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not my pics but last two are us spec and the same here (australia)
Attached Thumbnails Why is the resale value of S600 so low?-dscn4005iu5.jpg   Why is the resale value of S600 so low?-tokyo_auto_salon_part_trois_6_big.jpg   Why is the resale value of S600 so low?-dsc02948.jpg   Why is the resale value of S600 so low?-dsc02951.jpg  

Last edited by kidd-paul; 11-22-2008 at 04:43 AM.
Old 11-23-2008, 12:27 AM
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'06 E 350 4matic wagon; '05 E 500 4matic sedan; '09 S550 4matic
Predicting 3 years out the residual value of vehicles has been the bane of financing companies for years. Setting the residuals too high causes lower payments but transfers risk to the leasor. The sales teams love it. Then, when the marrone hits the fan, it swings back with low residuals and high monthly payments and basically the auto companies are hunkering down and willing to let sales drop rather than writing down their books later on. BTW, sales teams get wicked ticked and will claim the finance guys are overly conservative and killing sales. This is why everyone loses when values drop in this kind of ecomomic environment- it's not just there is less money out there but any business dealing in financing assets with unclear future worth are valuing things for dirt to avoid risk.
Old 11-23-2008, 11:34 AM
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1992 500E, 2006 E500, 2007 GL 450
While its true that resale values on virtually all luxury brands are at very low levels, the MB seems to be particularly hard hit. Poor resale values vs. BMW have been a fact of life for some time. The loss of 50%+ of value in 3 years or less has changed my habit of buying new every 3 years. While I can easily afford to buy new every couple of years it makes me feel foolish. I plan on keeping my current cars for 4-5 years. If there are more people out there like me, luxury brand sales could be under pressure for several years.
Old 11-23-2008, 12:27 PM
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At least you guys didn't buy brand new Jaguar XJs.

An 05-06 XJR can be had for mid-20s now.

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