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Marsden Classic MB Date registered: Apr 2006 Location: Capital City USA Vehicle(s): Mercedes-Benz | Resale hits home OMG, I just did a trade-in valuation at Edmunds on my 2006 E350 with 8500 miles. Here it is, early 2007. The car listed for $57K and change, and the trade-in is $37K even. This is where MB's quality-control issues are really affecting buyers...and sellers. Once upon a time, MB had the best resale values in the business. Consolation: It's an "Editors Most Wanted" model Edited by Marsden 3/17/2007 4:30 AM | ||
#67198 | |||
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cmitch Expert Date registered: Apr 2006 Location: Ala-Tenn Vehicle(s): 2002 ML320, 2005 S430 4Matic, 2010 F150 Super Crew Posts: 3412 | RE: Resale hits home I've been watching those '06 ML's take a slide. A vehicle that sold new for 50k+ is selling for 15,000 less ONE YEAR LATER!! That's why I never buy new and the used ones that are 3 to 5 years old are just as beautiful. I'll let someone else pay $1.25 per mile to drive it the first 3 years! | ||
#67212 - in reply to #67198 | |||
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Roch207 Expert Date registered: Apr 2006 Location: Palmetto State Vehicle(s): 2005 E320 CDI, 2010 Silverado 2500HD Posts: 3749 | Re: Resale hits home Ditto, and with CPO addiing a nice warranty...sweet. | ||
#67218 - in reply to #67198 | |||
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roadsession Date registered: Dec 1899 Location: Vehicle(s): | RE: Resale hits home Marsden - 3/17/2007 4:28 AM OMG, I just did a trade-in valuation at Edmunds on my 2006 E350 with 8500 miles. Here it is, early 2007. The car listed for $57K and change, and the trade-in is $37K even. This is where MB's quality-control issues are really affecting buyers...and sellers. Once upon a time, MB had the best resale values in the business. Consolation: It's an "Editors Most Wanted" model The resale value is affected by high lease customers. MB's have a very high percentage of customers who lease in the US. After 2 or 3 years there's a huge flood of used vehicles on the market. | ||
#67301 - in reply to #67198 | |||
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