New E-class coupes hardly...
New E-class coupes hardly...
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Discussion

Lostprophet

Original Poster:

2,549 posts

198 months

Tuesday 29th March 2011
quotequote all
depreciate.

Am I missing something here. A 2009 E350cdi sport with 10,000 on the clock is abount £32k+ on autotrader/piston heads. That is a car about 1.5 years old. the price at the showroom is £36k so the car loses about 2.5k p.a. That is nothing compared to the BMW's of the world, who lose about 4-5k min p.a.


Chaz645

290 posts

200 months

Tuesday 29th March 2011
quotequote all
They do seem to be holding up quite well...at the moment...

Lostprophet

Original Poster:

2,549 posts

198 months

Tuesday 29th March 2011
quotequote all
Do you think that is because Mercedes are controlling the stock, i.e used coupes are only really avaliable through the dealers. A few that filter through to indies are prices only slightly less than the dealers.


va1o

16,111 posts

236 months

Tuesday 29th March 2011
quotequote all
Lostprophet said:
Do you think that is because Mercedes are controlling the stock, i.e used coupes are only really avaliable through the dealers. A few that filter through to indies are prices only slightly less than the dealers.
I suspect that is probably why, as there really aren't many about.

Lostprophet

Original Poster:

2,549 posts

198 months

Tuesday 29th March 2011
quotequote all
I suspect once the cars are 2 and 3 years old and the lease companies get rid of them a lot will appear in auction houses so more will filter through to indies.

I have been observing a Audi S5 which has been on sale at an indie for 6 months. It was up for £28k to start with... 6 months on it dropped to £24k. I suspect as no one was buying it.

I dont think it will be that bad for the E-class, but prices are likely to fall quite heavily at the 3 year stage.

Laner

127 posts

284 months

Tuesday 29th March 2011
quotequote all
Spec will play a big part, maybe the used is highly specced and the £36k new is basic sport trim.

gizlaroc

17,251 posts

253 months

Tuesday 29th March 2011
quotequote all
They were getting over book as a 10 month wait for a new one, not sure if that has changed now??


Lostprophet

Original Poster:

2,549 posts

198 months

Wednesday 30th March 2011
quotequote all
There are quite a few used ones on autotrader. I am unsure as to the waiting list period now 18months after the release... It will settle down I think over the course of this year.

It is probabily demand outstripping supplies. Once it slows down, prices will start to fall. The issue is the dealers will hold the prices up as much as they can to create artificial levels. Buyers will ask for discounts and dealers will probabily bend over to sell the cars. Also, the longer a car is on a showcourt the more allowance a dealer has against the car, hence more margin for discounts!

Indies tend to react quicker to lack of demand by dropping prices.

These are my assumptions. I maybe wrong.