Discussion
tony wright said:
Received quite a shock today at the residual price of my 1 year old CLS 500
. "£20,000 loss for 5,500 miles
" Wouldn't be so bad but it's one of the best Merc's I've ever had.
So if anyones interested in picking themselves up a bargain get in contact.
. "£20,000 loss for 5,500 miles" Wouldn't be so bad but it's one of the best Merc's I've ever had. So if anyones interested in picking themselves up a bargain get in contact.
Gutted
But thats very good news for us who can't afford a CLS at current prices, give it a year and I will be able to do you a straight swap for my 3 series
So with extras probably about £60K new and now about £40K as part-ex?, if so unfortunatly sounds about right. Say it ends up on the Merc forecourt eventually for about £46K, sells at £44K which leaves depreciation on it of about £1300 a month, not nice but true.When we were buying my wifes CLS I couldn't see where the resale market was for the350/ 500 as the diesel is so bloody good, just like a torquey petrol. If you've got a bit of time before picking up the Range rover stick it in the classifieds here and you might be pleasantly surprised. Have sold 3 cars via here (HSV,Noble and Voyager) and all to the first looker. Good luck!
Seems the thinking now is to get these kind of vehicles (if buying privately) either on a personal lease or a PCP.
Reading the MB forums, even fairly standard E-Class's, run over 3 yrs/36K miles, seem to suffer losses that would have made a PCP a better bet from the outset.
Maybe the lack of flexibility wouldn't suit, but it's always worth getting a quote as it should give you a pretty good idea of how much of a hit you're going to have to take.
Reading the MB forums, even fairly standard E-Class's, run over 3 yrs/36K miles, seem to suffer losses that would have made a PCP a better bet from the outset.
Maybe the lack of flexibility wouldn't suit, but it's always worth getting a quote as it should give you a pretty good idea of how much of a hit you're going to have to take.
Its shocking but true, only the 320cdi is loved amongst the dealers. Loads of 500 unsold as the 350 engine is only 20hp shy (of the old 5.0). Not much real performance difference once you take the extra weight into account.
Now if you had of known you could have taken out 'Return to Invoice Gap insurance', took the brake off, rolled it off a cliffyou would have got all of your £60K back.......hind-sight and a dodgy mind are a wonderful thing.
Now if you had of known you could have taken out 'Return to Invoice Gap insurance', took the brake off, rolled it off a cliffyou would have got all of your £60K back.......hind-sight and a dodgy mind are a wonderful thing.
There are a few CLS350's on the mb approved used web site at sub 35k and several CLS500's at sub £37k on the same system
The ass has tully dropped out of these over the last 12 months.
I cant decide though if its worth buying one over say a 335i Sport Saloon, which is going to go and handle better
Bennno
go to www.drivethedeal.co.uk they cetrainly took over £3k off the car I spec'd with them online. Heard you can get better though..
www.pistonheads.co.uk/gassing/topic.asp?p=2&f=72&t=317730&h=0
it mentions a couple of places with big discounts... though, should qualify it by saying I've heard it is on the Saloon, not coupe.
www.pistonheads.co.uk/gassing/topic.asp?p=2&f=72&t=317730&h=0
it mentions a couple of places with big discounts... though, should qualify it by saying I've heard it is on the Saloon, not coupe.
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