wow. CL65 depreciation

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Old Dec 11, 2005 | 12:17 AM
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wow. CL65 depreciation

new MSRP for this car is $180,000. there's a used 2005 down the street from me with 2477 miles on it selling for 135,000. That's over 18$ a mile in depreciation cost alone, before even taking into account the car payment cost per mile.

http://www.westchester.mercedescente...PJ79J25A045599

i dunno. i guess alot of higher priced cars are like this but it just came as a shock to me. i think if i can ever afford one of these things i'll go with a used one.
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Old Dec 11, 2005 | 02:52 AM
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CL65 is my dream car.
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Old Dec 11, 2005 | 03:49 AM
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think you should buy it
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Old Dec 11, 2005 | 05:41 AM
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I think any car whose model is "CL" has horrible depreciation
"crippling loss" I think it stands for.
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Old Dec 11, 2005 | 08:01 AM
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CL's typically have the worst depreciation of any MB, followed by the CLK and S class. The 65 AMG's are priced about 30,000 too much in my opinion.
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Old Dec 11, 2005 | 10:35 AM
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I saw something similar earlier this year at a local BMW dealership. The CEO of Dell computer, Kevin Rollins (sp?) CL65 was there. It had every imaginable option, even air conditioned seats and a Brabus wheel package. I can't remember what year it was but they were asking $95 for it.

That dude probably paid cash for it anyways.
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Old Dec 11, 2005 | 10:44 AM
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a kid here bought one of these a little while ago using some money he made in real estate...he didn't have a great job or anything he just made out on the housing boom in Cali. i didn't think much of it at the time but what a horrible investment for someone like that. he could have grown that cash; instead he's probably losing more per year on the car than he makes at his job.
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Old Dec 11, 2005 | 10:44 AM
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Originally Posted by knight rider
I saw something similar earlier this year at a local BMW dealership. The CEO of Dell computer, Kevin Rollins (sp?) CL65 was there. It had every imaginable option, even air conditioned seats and a Brabus wheel package. I can't remember what year it was but they were asking $95 for it.

That dude probably paid cash for it anyways.

Air conditioned seats isn't that exclusive of an option any more, most cars/SUV's over $50k have them as an option and its very worth while to have. No swamp ass on hot july day equals worth while option.

And I agree most cars over $150k depreciate faster then regular cars. I guess it comes with the territory of being a
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Old Dec 11, 2005 | 10:49 AM
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I wanna be a

How come they get to have enough dough to waste it on keeping their butts cold in the summer.
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Old Dec 11, 2005 | 10:54 AM
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maybe there is something wrong with it? someone run the VIN from the ad.
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Old Dec 11, 2005 | 11:43 AM
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I heard that the CL65 isn't selling very well and MB overproduced this model which I'm sure is helping the slide in value. It's way too much $$ for what it is, and there are better options out there for the same $$.
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Old Dec 11, 2005 | 04:00 PM
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Few problems with the CL65

1. MB build too many of them.

2. It's ridiculously expensive.

3. For the $, people were just buying the SL65.

4. Ever since the SL came out in 2003, CL sales in general have been going down each year.
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Old Dec 11, 2005 | 07:28 PM
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cl is outdated, they need to redo it soon
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Old Dec 11, 2005 | 08:04 PM
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One of my friends had a CL500 when they first came out, while it was a nice car it wasn't worth the money. Even he admits it was a mistake to get that car, he traded it in two(maybe three) years later for a SL65 which he LOVES. His car prior to the CL500 was a CLK430, which he also loved; the CL was just an over priced black sheep.
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Old Dec 11, 2005 | 09:53 PM
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Mercedes seem to depreciate pretty quick from what I have seen.
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Old Dec 11, 2005 | 10:12 PM
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Originally Posted by invincible569
Mercedes seem to depreciate pretty quick from what I have seen.
Most do. The best are the R230 SL's and I have heard the new CLS is doing pretty well.
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Old Dec 11, 2005 | 11:58 PM
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In my opinion, if you have to at all worry about the sticker price, you shouldn't even be getting a super luxury car like that. The car probably depreciates fast because rich folks don't want used cars.
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Old Dec 12, 2005 | 12:13 AM
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Buying a brand new NSX was considered to be one of the ultimate wastes of cash ever.
The NSX depreciated quite a bit. Well, guess what. If you made it rich in one of those dotcoms, who cares! Sour grapes for those that couldn't afford one.
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Old Dec 12, 2005 | 10:15 AM
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^ Most of the people that can afford it really dont look at the depreciation that much, since they changed cars every couple years anyways
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Old Dec 12, 2005 | 10:23 AM
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Why do BMW's keep their value over Mercedes then? someone educate me.
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Old Dec 12, 2005 | 10:25 AM
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Originally Posted by cob3683
Most do. The best are the R230 SL's and I have heard the new CLS is doing pretty well.
Yes, it is. They are so friggin' pimp!!
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Old Dec 12, 2005 | 10:27 AM
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Originally Posted by Sdog2012
^ Most of the people that can afford it really dont look at the depreciation that much, since they changed cars every couple years anyways
hey more power to those types. i'd love to consider that much depreciation a mere drop in the bucket.
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Old Dec 12, 2005 | 10:28 AM
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Originally Posted by M TYPE X
Buying a brand new NSX was considered to be one of the ultimate wastes of cash ever.
The NSX depreciated quite a bit. Well, guess what. If you made it rich in one of those dotcoms, who cares! Sour grapes for those that couldn't afford one.
you got rich and bought an NSX?
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Old Dec 12, 2005 | 10:28 AM
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Why can't Ferraris depreciate like that!
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Old Dec 12, 2005 | 10:32 AM
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Originally Posted by TSX Hokie
Why can't Ferraris depreciate like that!
some do! ( you have to wait a bit longer though )

http://cgi.ebay.com/Ferrari-1983-Fer...QQcmdZViewItem
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Old Dec 12, 2005 | 11:12 AM
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Originally Posted by TSX Hokie
Why can't Ferraris depreciate like that!
Most ferraris will actually appreciate in value over time, but there are a couple that will depreciate. One is the 1980's 308 (magnum P.I. car), which was one of the only mass produced ferraris.
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Old Dec 12, 2005 | 11:32 AM
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Originally Posted by fdl
Most ferraris will actually appreciate in value over time, but there are a couple that will depreciate. One is the 1980's 308 (magnum P.I. car), which was one of the only mass produced ferraris.
mondials, 308's, 328's, testarossas, and 348's have all depreciated quite a bit. which ones are you saying appreciate?
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Old Dec 12, 2005 | 11:33 AM
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you can pick up a mondial for like $15k

imagine what ferraris will be like when the 430s are worth $30k
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Old Dec 12, 2005 | 12:05 PM
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You can pick up an 01 Porsche Turbo w/ less then 30K for high 50's now


Sticker on some is 140K!!
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Old Dec 12, 2005 | 12:06 PM
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Originally Posted by zeroday
mondials, 308's, 328's, testarossas, and 348's have all depreciated quite a bit. which ones are you saying appreciate?

along w/ the 456's, 355's and the 550's from what I see


Some 360 spiders still go for more then sticker though
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Old Dec 12, 2005 | 12:11 PM
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Originally Posted by zeroday
mondials, 308's, 328's, testarossas, and 348's have all depreciated quite a bit. which ones are you saying appreciate?
The non mass produced stuff. f40, f50, f60. ANy of the 250 series, including the testa rossa which goes for over 2M today. GTO - upwards of 6 million.

But I guess most of the mass produced stuff will depreciate as the miles add up.
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Old Dec 12, 2005 | 12:20 PM
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Originally Posted by CLpower
You can pick up an 01 Porsche Turbo w/ less then 30K for high 50's now


Sticker on some is 140K!!
ok you got me all excited so i went on autotrader to look for one and found the lowest was like 68k w/30k miles...
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Old Dec 13, 2005 | 11:58 AM
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Originally Posted by zeroday
ok you got me all excited so i went on autotrader to look for one and found the lowest was like 68k w/30k miles...


ah, i'm going off prices I got from the last auction. I can bet that if you called that guy though you could leave w/ that car for very low 60's
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Old Dec 13, 2005 | 09:53 PM
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I love CL65 but never image the price is that high. Would've go to some real exotic cars with that kinda cash.
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Old Dec 13, 2005 | 09:58 PM
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10 most costly vehciles to own:

• Mercedes-Benz CL-Class
• Mercedes-Benz SL-Class
• Porsche 911
• Mercedes-Benz S-Class
• BMW 7 Series
• Mercedes-Benz G-Class
• Jaguar XK
• Land Rover Range Rover HSE
• Acura NSX
• Dodge Viper SRT10

http://msnbc.msn.com/id/10387050/
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Old Dec 13, 2005 | 10:56 PM
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all those cars are worth it though!
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Old Dec 13, 2005 | 11:02 PM
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Originally Posted by Silver™
10 most costly vehciles to own:

• Mercedes-Benz CL-Class
• Mercedes-Benz SL-Class
• Porsche 911
• Mercedes-Benz S-Class
• BMW 7 Series
• Mercedes-Benz G-Class
• Jaguar XK
• Land Rover Range Rover HSE
• Acura NSX
• Dodge Viper SRT10

http://msnbc.msn.com/id/10387050/
WTF, NSXs hold their value pretty well and aren't rediculous to maintain, how are they on that list?

How come Bentleys aren't on that list? An Arnage depreciates like 30k the first year. That list seems a bit off.

Last edited by mclarenf3387; Dec 13, 2005 at 11:05 PM.
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Old Dec 13, 2005 | 11:08 PM
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Originally Posted by mclarenf3387
WTF, NSXs hold their value pretty well and aren't rediculous to maintain, how are they on that list?

The NSX's $89,000 price tag gives the sports car the high depreciation that, more than anything, makes ownership expensive. Beyond depreciation, the NSX also demands relatively high amounts for maintenance and insurance.


How come Bentleys aren't on that list? An Arnage depreciates like 30k the first year. That list seems a bit off.

The list does not include super exotic cars that sell in small numbers. It is based on ownership-cost projections for production vehicles available in 2005.
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Old Dec 13, 2005 | 11:18 PM
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Originally Posted by Silver™
The NSX's $89,000 price tag gives the sports car the high depreciation that, more than anything, makes ownership expensive. Beyond depreciation, the NSX also demands relatively high amounts for maintenance and insurance.
I can read the BS they list too.

Originally Posted by Silver™
The list does not include super exotic cars that sell in small numbers. It is based on ownership-cost projections for production vehicles available in 2005.
And there were only 7k NSX' built since 1992, with only 300 being sold last year. Bentleys producing 5k GTs a year, yet its not on the list.
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Old Dec 13, 2005 | 11:30 PM
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http://www.fahonda.com/whoarewe/prod...services.shtml

Maintnence Schedule doesn't look too rediculous either so unless they're charging an insane amount for scheduled maintnence, that doesn't make sense either.
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