jamie140

Hey guys, I have a question regarding reasonable and expected S65 depreciation. I know they depreciate like stones, but I'm wondering how fast and how far? A dealer around here has a 2007 silver/black with only 1500 kms.

List in CAD is $228k and I'm wondering what a fair price would be for this example. I assume the po got at least $10k south of list when he bought.

Many thanks!

JAYCL600

is this Jamie from 6speed?

J

jamie140

yup

eLTURCOamg

jamie from mythbusters?

JAYCL600

Damn I didnt know you post over here....you do know who this is

whoover

I don't think these have taken much of a hit yet. New 2006 S65s lost about $US 50K because there were a ton of them in the pipeline when MB started shipping 2007s. There are getting to be more 2007s around (36 on Autotrader today) but there's no severe pressure on them -- yet. There are signs that the 2008 will have some improvements (an announced Performance Package for the S63 hints at a much-needed limited-slip diff that should become standard on the S65). Such improvements will put pressure on the remaining 2007s but not like the new body style put on the 2006s. Still, the stars seem to be aligning for a price hit on 2007s in a few months.

jamie140

Yup!

WSH

Difficult to extrapolate Canadian mkt dynamics to major US mkts...

Prob 90%+ of new '07 65s in US major mkts are leased...and MB has decently priced (clearly mfr subsidized) 24-27mos leases to "fix" one's total ownership costs...given product cycles these days are roughly <2 yrs before new motors, etc obsolete one's car, a 2 yr leased S65 obtained upon Jul06 launch would be OK timing.....

Would observe '07 SL65 (w/LSD) has fairly poor traction on dry, uneven pavement, let alone wet pavement....know a few 65 owners eager to get CL63 w/030, to have more useable hp/tq/traction on real-world, suboptimal pavement (have found '07 CL600 to have solid traction even w/o any LSD)....

Also, rumors indicate remaining lifespan of the old, heavy 3v/cyl 65/600 motors may be <1yr, before MB comes out w/a NA12 w/latest technologies.....

jamie140

Thanks for the info! As it happens, dealer is stuck on list and the residual is 46% on a 30 month lease!

canadaneedsmusi

Just wondering what dealership you're talking about. I also live in Burlington and my father ordered a 07 S65 from Garden Motorcar. I know they had sold a silver one before my father ordered his... maybe this is the car you're talking about?

jamie140

No, it's at the Downtown store.

Doctodd33

ebay has a 2007 with almost zero miles for 10K under msrp

T

JamE55

Fair price should be around $115-120k.

jamie140

Lol, I'll take 20 at that price! Car sold yesterday for 223!

jonjay

I am also curious how much the 2005-06' S65 AMG used will cost with an approximate cost. Thanks!