Huge Price Increase on MY08 S65
Thread Starter
Member
Joined: Jun 2007
Posts: 228
Likes: 0
From: Los Angeles
2010 S600 sold
Huge Price Increase on MY08 S65
My dealer in Los Angeles told me that MBUSA is increasing the MSRP on the new arriving S65's from 190K to 198K. This was due to the weak US dollar.
MBWorld Fanatic!
Joined: Sep 2006
Posts: 1,049
Likes: 1
From: Miami, FL
Lotus Elise SLK55
That's rediculous. Be prepared for the car to lose 50% of its value in 1-2 years. For example, there is a 2006 S65 for sale on ebay right now for 99,000$ and a like-new 2007 (new body) for 150,000$. New body S65's will be low 100k's next year... I can't see why anyone would buy new with this crazy depreciation.
Last edited by Addicted2Speed; Oct 19, 2007 at 07:47 PM.
Thread Starter
Member
Joined: Jun 2007
Posts: 228
Likes: 0
From: Los Angeles
2010 S600 sold
That's rediculous. Be prepared for the car to lose 50% of its value in 1-2 years. For example, there is a 2006 S65 for sale on ebay right now for 99,000$ and a like-new 2007 (new body) for 150,000$. New body S65's will be low 100k's next year... I can't see why anyone would buy new with this crazy depreciation.
MBWorld Fanatic!
Joined: Feb 2005
Posts: 6,952
Likes: 4
From: Hollywood CA
2011 twin turboed prius
That's rediculous. Be prepared for the car to lose 50% of its value in 1-2 years. For example, there is a 2006 S65 for sale on ebay right now for 99,000$ and a like-new 2007 (new body) for 150,000$. New body S65's will be low 100k's next year... I can't see why anyone would buy new with this crazy depreciation.
MBWorld Fanatic!
Joined: Sep 2006
Posts: 1,049
Likes: 1
From: Miami, FL
Lotus Elise SLK55
Trending Topics
Senior Member
Joined: Feb 2006
Posts: 277
Likes: 0
From: SE FL
2007 S600
If its a blue one in CA it may have been wrecked. I ahd a friend of mine looking at one and the dealer let someone test drive it and they had an accident with it. They paid 140 something at the auction or the car.
MB World Stories
The Best of Mercedes & AMG
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun
Verdad Gallardo
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren
Verdad Gallardo
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine
Verdad Gallardo
Flawlessly Restored Mercedes 190E Evo II Heads to Auction
Verdad Gallardo
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know
Verdad Gallardo
Mercedes EQS Gets A Major Update: Everything You Need to Know
Verdad Gallardo
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve
Verdad Gallardo
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping
Verdad Gallardo
10 Most Reliable Mercedes-Benz Models You Can Buy Used
Verdad Gallardo
MBWorld Fanatic!
Joined: Oct 2005
Posts: 1,271
Likes: 1
From: CA
2010 CL65
Only partially true...
Loaded '07 S65 stickered for some $3K more than loaded '08 S65 at start of MY08 (AMG actually reduced prices on a tough-to-sell car).....so new, nominal '08 MSRP increase is perhaps $4-5K over new '07s....
Prob 90% of new S65s in major mkts are sold via $0 down, 2-3 yr leases anyway....not many financially astute guys like putting any upfront cash into a depreciating/at-physical-risk object such as any car (opportunity cost of capital); like advantages of lease-gap insurance; and like having MB Credit as car-owning entity in event of any liability situation.....
Most buyers of new S65s are reasonably intelligent; know S65 costs $100K in one-yr deprec (vs $50K in one-yr deprec for S63/600 and $30K one-yr deprec for S550)...and make their choices based upon own set of values....the incremental $50K in deprec over 63/600 may be trivial to many, esp if they enjoy value of more tq/higher-grade leather.....or absurd to some....know some rather affluent, jaded guys who get a new SL55/CL63 every yr; and view 65 as inferior from an overall engineering/dynamics perspective.....and others who get new 65 every yr.....personal preference....
Also, would suspect, given no. of new, unsold S/CL63/65 sitting at dealers in US, that discts from MSRP and poss cheaper lease terms will make today's new '08 S65 lease cheaper than lease of a new '07 S65 was some 15mos ago (at launch).....MSRP's don't mean much in real-world of supply/demand; a slowing US economy; and cooler, non-AMG weather arriving in NYC/Chicago, etc (and rains in CA).....
Loaded '07 S65 stickered for some $3K more than loaded '08 S65 at start of MY08 (AMG actually reduced prices on a tough-to-sell car).....so new, nominal '08 MSRP increase is perhaps $4-5K over new '07s....
Prob 90% of new S65s in major mkts are sold via $0 down, 2-3 yr leases anyway....not many financially astute guys like putting any upfront cash into a depreciating/at-physical-risk object such as any car (opportunity cost of capital); like advantages of lease-gap insurance; and like having MB Credit as car-owning entity in event of any liability situation.....
Most buyers of new S65s are reasonably intelligent; know S65 costs $100K in one-yr deprec (vs $50K in one-yr deprec for S63/600 and $30K one-yr deprec for S550)...and make their choices based upon own set of values....the incremental $50K in deprec over 63/600 may be trivial to many, esp if they enjoy value of more tq/higher-grade leather.....or absurd to some....know some rather affluent, jaded guys who get a new SL55/CL63 every yr; and view 65 as inferior from an overall engineering/dynamics perspective.....and others who get new 65 every yr.....personal preference....
Also, would suspect, given no. of new, unsold S/CL63/65 sitting at dealers in US, that discts from MSRP and poss cheaper lease terms will make today's new '08 S65 lease cheaper than lease of a new '07 S65 was some 15mos ago (at launch).....MSRP's don't mean much in real-world of supply/demand; a slowing US economy; and cooler, non-AMG weather arriving in NYC/Chicago, etc (and rains in CA).....
Member
Joined: Sep 2007
Posts: 230
Likes: 0
2004 S55 AMG
That's OK, I still won't be able to afford one...
The depreciation is crazy, and when it comes to this kind of money (for me) I'd rather buy a year or two old, have someone else pay for the depreciation, and still be under warranty. Besides, I wanna keep mine and mod it, I can do (actually I HAVE to do!) without the latest and greatest, but I definitely understand those that do need to have that, no matter what the cost...
The depreciation is crazy, and when it comes to this kind of money (for me) I'd rather buy a year or two old, have someone else pay for the depreciation, and still be under warranty. Besides, I wanna keep mine and mod it, I can do (actually I HAVE to do!) without the latest and greatest, but I definitely understand those that do need to have that, no matter what the cost...
Super Member
Joined: Jul 2004
Posts: 790
Likes: 4
From: Tampa Bay, FL
Something on 4 wheels..
Member
Joined: Apr 2006
Posts: 206
Likes: 1
1953 Fiat Topolino
What are the facts behind the increase?
FloridaE55:
Is your supposition based on insider MB knowledge or a wild guess on your part? Up to now, the '07/'08 S65 did not include as standard all-the-options, quite different from the 'all-in' '07/'08 S600. Personally, I think that the idea to 'include-as-standard-all-options' is excellent for the S600 and equally valid for the top of the line AMG S65. In the long run, it will help resales & residuals of these vehicles and insure that the top S class vehicles are known for all of the innovative technology which MB is bringing out for their vehicles. Autotrader has approx. 22 '08 S65s listed and some of these are priced at MSRP below the $198K price point we are talking about in this thread. If we can get confirmation of the reason for this price increase (if true) in future '08 S65s from a person that works for MBNA or a MB dealer it would be helpful to our Forum members. Z356
Is your supposition based on insider MB knowledge or a wild guess on your part? Up to now, the '07/'08 S65 did not include as standard all-the-options, quite different from the 'all-in' '07/'08 S600. Personally, I think that the idea to 'include-as-standard-all-options' is excellent for the S600 and equally valid for the top of the line AMG S65. In the long run, it will help resales & residuals of these vehicles and insure that the top S class vehicles are known for all of the innovative technology which MB is bringing out for their vehicles. Autotrader has approx. 22 '08 S65s listed and some of these are priced at MSRP below the $198K price point we are talking about in this thread. If we can get confirmation of the reason for this price increase (if true) in future '08 S65s from a person that works for MBNA or a MB dealer it would be helpful to our Forum members. Z356
Super Member
Joined: Dec 2006
Posts: 568
Likes: 1
1988 535i 5 speed
I never did understand why MB chose to strip the 65 of standard features on the 600, and of course at 40-50k higher price. Yeah, now 07s are getting into the low 100s, and it will continue to drop. When MB FINALLY gets around to releasing a new dohc/4 valve/cyl. V12, they'll take an even bigger hit.
MBWorld Fanatic!
Joined: Mar 2006
Posts: 4,278
Likes: 377
From: San Jose area
'19 E63S sedan
FloridaE55:
Is your supposition based on insider MB knowledge or a wild guess on your part? Up to now, the '07/'08 S65 did not include as standard all-the-options, quite different from the 'all-in' '07/'08 S600. Personally, I think that the idea to 'include-as-standard-all-options' is excellent for the S600 and equally valid for the top of the line AMG S65. In the long run, it will help resales & residuals of these vehicles and insure that the top S class vehicles are known for all of the innovative technology which MB is bringing out for their vehicles. Autotrader has approx. 22 '08 S65s listed and some of these are priced at MSRP below the $198K price point we are talking about in this thread. If we can get confirmation of the reason for this price increase (if true) in future '08 S65s from a person that works for MBNA or a MB dealer it would be helpful to our Forum members. Z356
Is your supposition based on insider MB knowledge or a wild guess on your part? Up to now, the '07/'08 S65 did not include as standard all-the-options, quite different from the 'all-in' '07/'08 S600. Personally, I think that the idea to 'include-as-standard-all-options' is excellent for the S600 and equally valid for the top of the line AMG S65. In the long run, it will help resales & residuals of these vehicles and insure that the top S class vehicles are known for all of the innovative technology which MB is bringing out for their vehicles. Autotrader has approx. 22 '08 S65s listed and some of these are priced at MSRP below the $198K price point we are talking about in this thread. If we can get confirmation of the reason for this price increase (if true) in future '08 S65s from a person that works for MBNA or a MB dealer it would be helpful to our Forum members. Z356
http://www.mbusa.com/models/body-sty...ighPerformance
