Igor Sakhnov

Almost set on my next car and trying to understand the value of my 20 S63 coupe with 22k miles on it. I think all of the options except external CF, Swarovski and night vision. Dual cameras, RC M, ALP, excellent condition in general. Any insights would be greatly appreciated.

superpop

Probably not going to like the answer but you will be lucky to get low to mid 80's for it. Used cars are in the dump right now. Good news is the car you are buying should be discounted as well.

Igor Sakhnov

Yes, this is what I'm expecting as well, thanks!

carlosinseattle

Beautiful Car!!! If I were you, I'd consign the car instead of sell directly or trade in; that way you'll get the highest price for it. I sold an Audi A8 and my MB S600 with Landmark, and the process couldn't have turned out better on both occasions. Park Place would also consign, but I've never bought or sold there. If you do that, be sure to talk to your insurance agent about it so they can adjust the coverage. Some will reduce your premium and some won't.

Igor Sakhnov

Thanks, have not looked at this opportunity yet. Curious, how long did it take for you to sell?

carlosinseattle

Good questions. I think it took somewhere between 4-6 weeks for my S600 to sell. I didn't sell it at fire sale prices; I knew the person who would and could appreciate it for what it was would buy it. The Audi took less than a week, but that's because I sold it at a really good price. funny thing is I bought the Audi sight unseen from Ebay. I put a bid in that I didn't think would win and never checked back. Even when I got the email, I didn't really believe it. I flew down to Pasadena, and drove it home after I got a PPI. I just plain didn;t like the A8. It was technically excellent but it just wasn't for me. So I reached back out to them and they gladly took it in on consignment. That one left me stranded because I didn't have another daily driver at the time. Had to fly to Montana and buy my MIL's old Subaru Outback, and drove it until I bought my Jaguar XFR.

For me, consignment is the best way to get rid of a used car, you'll pocket more than a trade in and no hassles like selling it yourself. Only downside is you won't get trade in tax credit when you buy your next car. So you'll have to weigh the difference. In your case, it could mean $8k-$9K tax credit, so trading it in for your next car might be the better choice.

Full disclosure, I have no affiliation with Landmark, but they help me on my last purchase. I found my current car at a Ford dealership in Georgia. The GA dealer was a total *****. I had Landmark buy the car from them and ship it up here, then I traded my S550 in for the S63 locally. I got the tax credit and was able to fully test the car before siging on the dotted line. It wasn't about saving money, it was about peace of mind.

Igor Sakhnov

Thanks @carlosinseattle ! I'm getting more aligned on the trade in that makes it more meaningful and will either land it tomorrow or pull back into consignment model.

chassis

Be sure to deduct the consignment commission from the gross proceeds (selling price). Compare that number with a more traditional sale to a dealer or direct to consumer. Likely little to no difference, and consignment has the disadvantage of longer selling period because of higher price to a buyer who "appreciates" it.

carlosinseattle

What are you buying next??? Your current car is amazing, I can only imagine what's next

Igor Sakhnov

Love S63Cp, but it become to some degree irrelevant with R1T taking daily driving duties and no need to get kids to school reduced the need in the extra two seats.
MC20 cielo if we land all of the details

carlosinseattle

Yes, dfinitely trade in will be better than selling otherwise. Super nice choice...the sky's the limit...LOL

Igor Sakhnov

Got 95k on a trade in and signed the papers.