Price for 2015 S63 <20K miles
#1
Senior Member
Thread Starter
Price for 2015 S63 <20K miles
Hello all,
I am contemplating on acquiring a used s63. I have been looking at the listed price on autotrader, cars.com, etc and the prices various sometimes +$10K. What is a good buying price for one of these puppies? Fully loaded msrp $171K.
I am contemplating on acquiring a used s63. I have been looking at the listed price on autotrader, cars.com, etc and the prices various sometimes +$10K. What is a good buying price for one of these puppies? Fully loaded msrp $171K.
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MB37 (10-21-2016)
#3
MB37, I looked up a 2015 S63 on the manheim auction reports. The average price is ranging from 85-90k wholesale. There were some a little less, and one a little more.
#4
BTW, can I just say wow on how much these cars have depreciated in just one year? Around 50% and still falling!
The reason this depreciation is a little higher on the S63's is that the market for this car is extremely small. Small demand...but most would love it, but will not pay the higher price for the bigger engine.
MB37, try hard to get a good price on one if you decide to move on it, because the value will continue to depreciate. Now, if you intend on keeping it a long time, it won't really matter.
The reason this depreciation is a little higher on the S63's is that the market for this car is extremely small. Small demand...but most would love it, but will not pay the higher price for the bigger engine.
MB37, try hard to get a good price on one if you decide to move on it, because the value will continue to depreciate. Now, if you intend on keeping it a long time, it won't really matter.
#5
MBWorld Fanatic!
BTW, can I just say wow on how much these cars have depreciated in just one year? Around 50% and still falling!
The reason this depreciation is a little higher on the S63's is that the market for this car is extremely small. Small demand...but most would love it, but will not pay the higher price for the bigger engine.
MB37, try hard to get a good price on one if you decide to move on it, because the value will continue to depreciate. Now, if you intend on keeping it a long time, it won't really matter.
The reason this depreciation is a little higher on the S63's is that the market for this car is extremely small. Small demand...but most would love it, but will not pay the higher price for the bigger engine.
MB37, try hard to get a good price on one if you decide to move on it, because the value will continue to depreciate. Now, if you intend on keeping it a long time, it won't really matter.
#6
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AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
BTW, can I just say wow on how much these cars have depreciated in just one year? Around 50% and still falling!
The reason this depreciation is a little higher on the S63's is that the market for this car is extremely small. Small demand...but most would love it, but will not pay the higher price for the bigger engine.
MB37, try hard to get a good price on one if you decide to move on it, because the value will continue to depreciate. Now, if you intend on keeping it a long time, it won't really matter.
The reason this depreciation is a little higher on the S63's is that the market for this car is extremely small. Small demand...but most would love it, but will not pay the higher price for the bigger engine.
MB37, try hard to get a good price on one if you decide to move on it, because the value will continue to depreciate. Now, if you intend on keeping it a long time, it won't really matter.
#7
Yes, AMG models have lower residuals. This is due to the lack of demand. The demand fuels the value of the car. The demand on these cars are highest for the S550, not the AMG models of this car.
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#8
Senior Member
Thread Starter
The one I am looking at is not CPO, and was a trade-in. Inside looks great, and tires will need to be replaced. For sale for $100K, the msrp is 173K with the carbon fiber option. The bottom looks a bit scuffs, and I have read that the carbon fibers cannot be satisfactorily repaired. :-( A few other front bottom scratched that can probably be repainted if CPOed. If CPO is only for one more year (miles will not matter in my case), is there more value to getting a third party warranty like Endurance or Warranty Direct?
BTW, this car was a trade-in by a real estate developer who wanted a F350 truck. The inspection sticker for the s63 had not been renewed since January 2016.
BTW, this car was a trade-in by a real estate developer who wanted a F350 truck. The inspection sticker for the s63 had not been renewed since January 2016.
#9
MB37, an alternative warranty will only be beneficial if you intend on keeping this car for a long time. These warranties are quite expensive. Aftermarket warranty to add just one year to that car may run you near $3k. The MB CPO warranty is really a bargain compared to aftermarket prices. If this car is a 2015 with 17k miles, it seems like you may have 2-3 years left, and 33k miles on your original warranty. Will you keep it a long time? If not, its a waste of your money.
#10
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Thread Starter
I plan to keep it for long. It was put into service on 1/14/15, so it looks like I have 2 years left. Would 95K be a reasonable offer since it is highly optioned?
They are also only giving me $37K for my 13' 750LI with 29K miles. Fully optioned too except for rear entertainment.
They are also only giving me $37K for my 13' 750LI with 29K miles. Fully optioned too except for rear entertainment.
#11
MBWorld Fanatic!
I plan to keep it for long. It was put into service on 1/14/15, so it looks like I have 2 years left. Would 95K be a reasonable offer since it is highly optioned?
They are also only giving me $37K for my 13' 750LI with 29K miles. Fully optioned too except for rear entertainment.
They are also only giving me $37K for my 13' 750LI with 29K miles. Fully optioned too except for rear entertainment.
#12
Nice ride is right. For $4k, you can have some peace of mind for 7yrs/unlimited miles. Not bad. It they CPO it, be prepared for the cost of your car being increased, but it will be a better car for you. I've been told, typical cost to CPO a S550 is around $2k, and then add the cost of the CPO warranty after that. Now the cost to CPO a S63 is probably higher I would think. The brakes and rotors alone are several thousand to replace both all around.
#13
MBWorld Fanatic!
Nice ride is right. For $4k, you can have some peace of mind for 7yrs/unlimited miles. Not bad. It they CPO it, be prepared for the cost of your car being increased, but it will be a better car for you. I've been told, typical cost to CPO a S550 is around $2k, and then add the cost of the CPO warranty after that. Now the cost to CPO a S63 is probably higher I would think. The brakes and rotors alone are several thousand to replace both all around.
#14
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AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
Demographically, AMG buyers are younger and have higher income. They are more inclined to purchase these cars that cost quite a bit more.
Secondary buyers typically are more value-conscious and have no taste for risky purchases. Just like the V12's, AMG's spells "pricey" on repairs and maintenance (just check on the cost of brake rotors).
MB makes up for that by very unattractive leases (high MF and low residuals).
#15
Senior Member
Thread Starter
I forget that brakes are not covered under warranty like BMW. The 63 was traded at a Ford dealer, and the Ford dealer is part of a large auto group that also owns a couple of MB dealers; the 63 is scheduled to be delivered to MB. I think the sales person wants to sell it non cpo for $100K before it goes to MB to get cerified. It has one open recall (engine stall).
For sure, it needs new tires and very slightly pulls to the right (will need alignment). One rim was curbed rash and will be fixed.
For sure, it needs new tires and very slightly pulls to the right (will need alignment). One rim was curbed rash and will be fixed.
#16
MBWorld Fanatic!
I forget that brakes are not covered under warranty like BMW. The 63 was traded at a Ford dealer, and the Ford dealer is part of a large auto group that also owns a couple of MB dealers; the 63 is scheduled to be delivered to MB. I think the sales person wants to sell it non cpo for $100K before it goes to MB to get cerified. It has one open recall (engine stall).
For sure, it needs new tires and very slightly pulls to the right (will need alignment). One rim was curbed rash and will be fixed.
For sure, it needs new tires and very slightly pulls to the right (will need alignment). One rim was curbed rash and will be fixed.
If you can get them to CPO it, all of the above will be covered..... and then some....
#17
I just sold my 2014 S63 AMG. Mine was great, had no problems, but one thing that I think hurts the residual on these is the cost of repair vs S550. For example, rear brakes and rotors for 2-3x the price on S63 vs S550. I loved the look and the way it drove, but I can't say that I would want to own one of these once the CPO is over. I think maintenance is in a completely different league vs S550 at that point.
#18
Senior Member
Thread Starter
Thanks for the reality check. I guess you need a fat wallet to retire on one of these s63 . . . one of which I don't think I have yet. This is a nice discussion, and it flushes out some of the my myths about the s63.