SL-Class (R230) 2003 -- 2012: Discussion on the SL500, SL550, SL600

SL/R230: Resale on SL600

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Old Dec 28, 2004 | 02:13 AM
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emvanderpol's Avatar
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Resale on SL600

Looking at a 2004 SL600, but am a bit disuaded by the previous SL600's resale performance. For example the 2002 SL600's MSRP was at $128K, but can be picked up for $40-50K today. Was also looking at a 2001 360 Spider (MSRP in 2001 = $165K, used ones are going for $190K today).

Any thought about how the new design will hold its value? Any input on this topic would be greatly appreciated.

Thanks
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Old Dec 28, 2004 | 02:49 PM
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WIldcat465's Avatar
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2007 CL600
Originally Posted by emvanderpol
Looking at a 2004 SL600, but am a bit disuaded by the previous SL600's resale performance. For example the 2002 SL600's MSRP was at $128K, but can be picked up for $40-50K today. Was also looking at a 2001 360 Spider (MSRP in 2001 = $165K, used ones are going for $190K today).

Any thought about how the new design will hold its value? Any input on this topic would be greatly appreciated.

Thanks
When you lo0k at the lease residuals for the 500, 55, and 600, you see that the 600 depreciates the fastest. We just leased a fully loaded Mars Red SL600, cap cost = $143k, and the residual after 39 months is about $75k. I think it'll be worth less than that becuase I've already seen one '04 600 for a hair over $100k. For me, I enjoy having a new vehicle and the residual is the MB Credit's problem. If I love the car at the end of the lease and the market value is less, then I'd offer to buy it at a fair price.

I was told by one of the sales guys that they're also soft because the 600 buyer wants a new car and those who would normally by a used vehicle are afraid of maintenance cost on the 12 cylinder. Who wants to be caught without a warranty?
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