michal12

Noticed 2006 examples are trading at ~$114k (60% value) and 2005 around $100k (52%). So, after first 2 years after you've survived the initial hit of 40% (yes, that is bad) but after that the value doesn't seem to decrease so badly.
Obviously because the current SL model has not been changed. The old CL65 is a different story..

Bigdot

right, welcome to owning a flagship mbz.

if you let the first owner take the initial hit, you can but it cheap, drive the hell out of it, and not loose to much money on the resale.

Mark

kalantar

Wait till the new bodystyle is out, I dont know too many guys who will drop 100k on a "older" body car...

michal12

Exaclty what I am thinking to do..
Really not sure though, e.g. running costs (especially servicing) can I guess be a lot more than an SL55.
Thing is, in Europe we had this Performance Pack thing for several years now, which gives a regular SL55 exactly the same macho looks as the SL65.

ndabunka

Have you SEEN the new body style? Nothing to "write home about" in my book. I sure hope the SL65's drop even further because I have not yet gotten mine!

Bigdot

well, if you drive a benz be prepaired to pay like 25% of the cost in repairs. my family, apart from my moms leased cars, always buy used cars. even if it has 2,000 miles on it, its still 15-20% off sticker. buying new is a waste of money. 60% of a multi "real" millionaires (like 1,000,001^ in the bank, not liquid) drive cars that are 3-4 yeals old, and sell them 2-3 years after that, having about 1.5-2.5K in losses (not bad if you think about it)

*The Millionaire Next Door* source.

lorinserbenz

Yeah, not soo bad.. only a $80,000 LOSS for one year of ownership of a SL65!

CL65's are right on pace with an average loss of $90,000 for one year of ownership.

Ill say it again... CRAPPY CARS, CRAPPY dealers = WORTHLESS cars.

Such a shame, used to be if you bought a Benz you knew when you went to sell it or trade you wouldnt have to go to the proctologist for **** reconstruction.


2006 SL65
11/14/07 ATLANTA Lease $109,500 9,356 Avg IRI SIL 12G A Yes
10/10/07 ST LOUIS Lease $106,000 10,573 Avg BLK 12G A Yes
10/04/07 MANHEIM Regular $109,500 5,827 Avg BLACK 12G Yes
08/01/07 W PALM Factory $104,000 8,812 Avg PEWTR 12G A Yes
07/18/07 W PALM Lease $89,400 27,571 Below IRI SIL 12G A No
06/21/07 RIVRSIDE Factory

2006 CL65


08/15/07 ST LOUIS Lease $91,500 13,545 Above BLK 12G A Yes
04/05/07 MANHEIM Lease $95,750 6,034 Above BLACK 12G A Yes
07/27/06 MANHEIM Regular

IngenereAMG

I come from the Ferrari world, where depreciation is very minimal. I was shocked when i have seen the hit that my SL55 has taken. Especially, when I was told that the SL55 was a limited edition car, that would insure residuals. Fortunately I hold on to my cars for a long time, so you really don't lose money unless you sell it.


Apparently 'limited production' has a different meaning at MB/AMG. At Ferrari it means keeping production lower than demand. At MB/AMG it means limiting to as many as they can pump out!

kalantar

Lorinser can you post auction results for the 03-05 sl55?

lorinserbenz

03/ SL55
1/01/07 CINCINNA Regular $48,100 45,173 Avg LT GREY 8G A Yes
11/08/07 RIVRSIDE Lease $53,500 26,589 Avg SIL 744 8G A Yes
11/08/07 RIVRSIDE Regular $45,000 56,486 Below BRI SIL 8G A Yes
11/13/07 RIVRSIDE Lease $45,250 48,287 Avg BLACK 8G A Yes
11/15/07 MANHEIM Lease $43,500 42,368 Below BLACK 8G T Yes
11/15/07 MANHEIM Regular $40,000 63,815 Below BLACK 8G T No
11/15/07 MANHEIM Lease $36,000 63,521 Below BLACK 8G A No
11/20/07 RIVRSIDE Regular $50,000 20,875 Avg BLACK 8G A Yes
11/21/07 SEATTLE Lease $48,750 21,676 Avg BRI SIL 8G A Yes
11/27/07 RIVRSIDE Lease $41,000 48,287 Below BLACK 8G A No
11/27/07 DFW Lease $50,000 31,348 Avg BRI SIL 8G A Yes
11/27/07 DAL DLRS Lease $41,000 59,256 Below SILVER 8G A No
11/28/07 SEATTLE Lease $38,750 62,259 Below BRI SIL 8G A No
11/28/07 BAY CITI Regular $30,700 81,151 Below SILVER 8G A No

04 SL55

0/30/07 ST LOUIS Lease $58,000 15,364 Avg BRI SIL 8G A Yes
11/01/07 MANHEIM Regular $51,000 31,067 Below BLACK 8G A Yes
11/08/07 RIVRSIDE Lease $56,750 20,995 Avg ALB WHT 8G A Yes
11/08/07 RIVRSIDE Lease $54,000 39,283 Avg SILVER 8G A Yes
11/08/07 RIVRSIDE Lease $43,000 48,310 Below C946 GRN 8G A No
11/13/07 FAAO Regular $54,500 46,115 Avg BLACK 8G A Yes
11/14/07 ATLANTA Regular $56,500 13,840 Avg BLACK 8G A Yes
11/20/07 W PALM Lease $64,800 17,469 Above BLACK 8G A Yes
11/20/07 W PALM Lease $60,600 9,848 Avg BLACK 8G A Yes
11/20/07 RIVRSIDE Lease $53,500 32,774 Avg BLK 040 8G A Yes
11/27/07 DFW Lease $55,250 32,580



2005 Sl55

10/18/07 MANHEIM Lease $64,000 23,308 Avg BLACK 8G O Yes
10/24/07 W PALM Regular $69,500 19,645 Avg BLACK 8G A Yes
10/25/07 RIVRSIDE Lease $57,000 40,448 Below SILVER 8G A No
10/25/07 RIVRSIDE Lease $54,000 51,189 Below BLACK 8G A No
11/14/07 SEATTLE Lease $62,000 19,704 Avg BLK OPL 8G A Yes
11/14/07 ATLANTA Lease $61,000 37,364 Below 960 8G A No

kalantar

thnx bud

michal12

Are these auctions actually available to general public? (I am not from the US.)
And could you please post similar table for SL65s? Thanx a lot!

SL2003driver

Guys aren't some of these price decreases due to winter being here. These prices will go up in the spring. Its a convertable!!!! sports car. Buy it in the winter late fall sell them in the spring. At least that is what I see happening in the midwest.

ndabunka

No, they are NOT available to the public ....but it DOES show you what the dealers are paying and therefore it also gives you a good idea of what the PUBLIC "may" be able to buy one for by simply taking these auction prices and adding a markup. Each broker and/or dealer is different so the markups could be anywhere from $500 to $5,000 per car. Some of the "below average" vehicles can take a LOT of work for get them into "sellable" condition.

michal12

If you can get a broker to buy a car for you in an auction, in what state are these cars being sold? What does average condition mean? (not thinking of below average..