gsnyc

I stopped in to see the cost of trading my MY12 E63 wagon with PP, LSD, premium leather - $108k MSRP. 2,600 miles. black/black, 19" 10-spoke rims for a MY14 with 4matic.

$75,000 if i trade it before 3k miles, $70-72,000 if i trade it afterwards.

that's impressive depreciation.

djrabbi

You should see it in 3 years.

Rock

Don't worry, it will still be worth $100,000 when they go to sell it.

Crooks!!

djrabbi

x2

gsnyc

those are great responses!

I did a one-pay lease so i could just turn it in at the end and not worry about the depreciation but that appraisal is obnoxious.

callmiro

Prices are dumping hard for 12's with 14's arriving in Aug/Sept

My local Benz dealer has a '12 with 3100 Kms asking $84k

After seeing the '14 in person, I think the 12's/13's are a steal

drop997stop

no surprise here, these cars as well as many mass produced cars over 70K depreciate very fast, They start leveling off around the thrid year but the first is the worse.

I think the wagon is worse- very small market for them. Most thought they are rare but as rare as they are the rarer the buyer.

I got some issues with vibration when I go faster than 75- trying to figure if its the mods or something with the car. I have heard and know of three- four cars with the same problem that are all stock. Leads me to beleive that there is issues


my buddy is trying to lemon his for the issues right now

Vic55

I had a wagon for 5 months (2012) I know the value of this car on a dealer lot. They low balled you because there just isnt that much demand for it. Yes they are rare in supply and rare in demand. They fit a very niche market and even moreso as an AMG. I got low ball offers of 80k on mine with 4k miles (if memory serves me) on a 109 sticker. Then I just kept shopping it for more and finally I got what I wanted and moved on.

If you buy a car from the offering dealer they will raise their ACV on the car but no used car manager wants to bury 80k in funds on a used AMG wagon. They cant lease it and thats the way most of the wagons are retailed...

TheOtherEric

This isn't an example of depreciation; it's just a dealer trying to screw you.

Here's a data point: about 3 weeks ago, a local MB dealer put up on Autotrader a 2012 e63 sedan for $91k with 1,600 miles, original MSRP $105k. They sold it THAT DAY for $500 under their asking price. They let me test drive it but sold it when we left.

Point is: yours will sell for $90k or more.

Vic55

Wagons are soft...


the only sale at the auction is about 6 months ago with light miles:

08/09/12 RIVRSIDE Factory $83,000 3,987 Avg CUP BRN 8G A No

© 2013 Manheim. All rights reserved.


Now it was that ugly brown LOL


Sedans are soft too:

08/15/12 SF BAY Lease $82,000 350 Avg GRAPH 8GT A No
10/04/12 SO CAL Regular $69,000 4,884 Avg BLACK 8GT A No
12/18/12 FT LAUD Regular $68,800 5,949 Avg Black 8G N No


© 2013 Manheim. All rights reserved.


What Im getting it as the dealer cant get what they dont ask for so they will offer you low and sell it for higher.... much higher. Its called the car business

Keep your feelers out for a dealer who might bump your acv...

NickyBlack

What if your car was totalled or stolen a week after you leased it? Wouldn't you be out an entire lease terms money?

Vic55

Actually he would not... since he one paid the lease he only owes the residual or the value at end of term. So if he totalled a week after he got it the payoff would be the estimated value determined at the time of the lease 3 years down the road (or whatever term he chose). Insurance would be ACV on the car so there would be equity.

vdubpower

wow i guess my 2012 car with 11000 miles is worth **** all in the eyes of a dealer...

xtyper

Just traded my 12 E63 sedan last week with 6500 miles. Stickered for 92K, bought new 81K, trade value 75K.

Vic55

Its par for the course- cars depreciate and higher dollar ones plummet faster depending on their marquis. AMG's, M's, etc all drop immediately and of course the dealer will low ball.

I bought a new 2005 CL65 for 101k plus tax.... the car stickered for 172k- yes I got beyond a stupid deal. 16 months later I was trying to get a certain number for the car and no offers were within 10k of the 90k I was looking for. I just took the best one, cashed the check and moved on. Its part of flipping cars.

TheOtherEric

Doesn't seem like we can complain much about E63 AMG depreciation. Market prices and lease residuals seem to reflect around 60% of MSRP resale value after 3 yrs, which puts the E63 amongst the best cars out there, at least from the data I've seen.

Yes, of course the dollar value of depreciation is high, but they do well on a % basis.

gsnyc

I completely agree on the depreciation curve on these cars. I had a 2007 E63 wagon before this.

I bought a $108k MSRP car for $95k in December and did a one-pay lease so i could know my depreciation/cost to operate upfront.

But walking into the dealer as a multiple MB buyer (i've also had other MBs) saying you want to trade for the new one (so they can make plenty of profit on that) - what a stupid move to offer me such a low # on my car. No attempt to maintain the brand or the customer (its MB Manhattan - owned by the company).

My insurance is for replacement value - I actually think i get MSRP if my car was totaled or stolen.