C63 Used Prices

Author
Discussion

ecain63

10,588 posts

175 months

Wednesday 19th October 2016
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OddCat said:
I don't know what the C63 prices looked like in late 2014 - but working backwards from your purchase price, and bearing in mind you bought it from an MB dealer with the associated premium, I would imagine that, with at that point it getting on for nearly twice as old as when you bought it, and with it having more than twice as many miles, you sold it privately for around £26k. But I'm sure you are going to tell me you got £34,000 !

Re your current car at risk of causing offence (and I honestly don't want to do that)......I would say £29k retail / £25k private ?

I didn't realise that values were such a sensitive issue. People seem to take it personally. Maybe even I do up to a point.

Re the other entries "search is a b****h" I was just trying to get a feel for the market. No intentional contradiction. XKR was my original target (having had one) but RS5 appealed. Then I saw and heard a C63....

Maybe there is no science to this. Dealers and private sellers start off with asking prices that are optimistic (which is fair enough) and you never know what they finally achieved.

I'm a 50 year old bloke who has been a car nut since childhood and for whom, unfortunately, £30k is a massive stretch. So price is a serious consideration for me (although I do appreciate that others on here are wealthy and don't worry about such things).

Thanks to all for the responses.

PS Reading an August edition of Auto Express last night with a test between new C63s and M4. Reckoned new C63s would hold 45% of its new value after 3 years and 30,000 miles. So would go from £68k new to £31k (just to emphasise the point, they even then helpfully state that the loss is actually £37k). One of you chaps should have a word with them !

http://www.autoexpress.co.uk/mercedes/c-class/9664...

(edited to add link)



Edited by OddCat on Wednesday 19th October 09:10
I sold it for £32k. It was recently purchased by another buyer for £30k. They lose very little money. And that was pretty facelift too.

As for my current one,if I sold it for £25k private then I think I'd be giving it away and also stabbing my own eyes out. Mid £30ks I think you'll find. Probably around £36k as an ask with £1k to haggle

You need to think about this

garylythgoe

806 posts

222 months

Wednesday 19th October 2016
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I paid 31k for my 2012 Black C63 Coupe, with 16k on the clock, from a MB Main Dealer in Sep-2015

It now has 22k on the clock, it's been kept immaculately, and I would say it's probably worth 30-31k still. Based on condition alone.

mikearwas

1,112 posts

159 months

Wednesday 19th October 2016
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garylythgoe said:
I paid 31k for my 2012 Black C63 Coupe, with 16k on the clock, from a MB Main Dealer in Sep-2015

It now has 22k on the clock, it's been kept immaculately, and I would say it's probably worth 30-31k still. Based on condition alone.
Yep, maybe a bit more. Prices seem to be on the up.

garylythgoe

806 posts

222 months

Wednesday 19th October 2016
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I didn't even choose it because of depreciation.

I chose it because I flipping LOVE IT!

OddCat

Original Poster:

2,526 posts

171 months

Wednesday 19th October 2016
quotequote all
Okay. Fair enough. Hands up. I have this completely wrong.

With the exception of the Audi quattro I had in the late 90's (which I bought for £6k and sold for £7k two years later but now wish I'd kept) every car I've owned has pretty much halved in value (or worse) over 3 years. I'm not used to this "car defies depreciation gravity" thing. I've usually waited till cars have fallen to within my budget. Which is why I love it that people can buy these amazing cars new otherwise I'd never get to own one.

Point taken re last of the N/A V8's. I should know that - it's why I'd like one.

Sounds like I need to buy a C63 sooner rather than later then. Now, if I can just get someone to give me £12k for my car........

ecain63

10,588 posts

175 months

Wednesday 19th October 2016
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What car is it?

garylythgoe

806 posts

222 months

Wednesday 19th October 2016
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The ironic thing about my situation, is the car I owned before.

I bought my 2005 S2000 in Nov 13 for £8050.

I decided I wanted a C63 for reasons above(!).

I sold my 2005 S2000 in Aug 15 for £10200.

Epic situation, as the extra £ put me nicely into facelift C63 territory.

OddCat

Original Poster:

2,526 posts

171 months

Wednesday 19th October 2016
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ecain63 said:
What car is it?
Okay, here goes (you did ask).....

It's 2010(59) BMW 330i SE Highline Coupe with paddle shift auto, elec roof, big sat nav (with hard drive music storage etc) adaptive lights, Dakota leather, nice (mint) upgrade 18" wheels, privacy glass, heated seats, elec mirrors etc. Running on Goodyear Eagle F1 tyres (not the awful run flats it came with which had a ride like sitting on a park bench). And it's Atlantis Blue which is the most amazing colour and has a bit of a cult following.

Was built as a showroom special by BMW - so the colour wasn't normally available (not even in the 'individual' colour range at the time) and so is rare. A bit marmite - but more likers than dis-likers. I often get people approaching me and asking me about it just because of the colour. It is absolutely stunning in the flesh. Has done 62k miles. Full history (BMW and last one at a reputable local German car specialist). Has the later LCI 270 bhp engine. And it is pampered !

With options would have been thick end of £40k list when new - although the guy I bought it off had a "deal" I think with the BMW dealer and probably got it for nearer £32k. I bought it privately (yes, honestly) two years ago so am the second owner. I am told that trade value is £8k. Car is six years old so, from a trade value point of view, has followed the "halve every six years" thing (£32k, £16k, £8k)
Downsides, is not an M Sport (everyone seems to want M Sport but I like the chrome window surrounds of the SE- probably an age thing – I remember when the posh models had the chrome and the cooking ones just had black window surround !) and has ordinary seats rather than sport ones and doesn’t have the 19” M Sport wheels.

Similar age 330i M Sports with similar mileage / spec (or not so good) are generally up for between £11k and £14k with dealers. SE spec 330i's are rare so never many for sale (if any). I've never seen one that I would swap mine for......



Edited by OddCat on Wednesday 19th October 14:37

gizlaroc

17,251 posts

224 months

Wednesday 19th October 2016
quotequote all
OddCat said:
Okay. Fair enough. Hands up. I have this completely wrong.

With the exception of the Audi quattro I had in the late 90's (which I bought for £6k and sold for £7k two years later but now wish I'd kept) every car I've owned has pretty much halved in value (or worse) over 3 years. I'm not used to this "car defies depreciation gravity" thing. I've usually waited till cars have fallen to within my budget. Which is why I love it that people can buy these amazing cars new otherwise I'd never get to own one.

Point taken re last of the N/A V8's. I should know that - it's why I'd like one.

Sounds like I need to buy a C63 sooner rather than later then. Now, if I can just get someone to give me £12k for my car........
I bought my M3 CSL at 3 years old for £31500.
I sold it at 5 years old for £35k.
I know it changed hands again recently at 12 years old for £55k.

I nearly bought a 57 plate XKR in June 2013 for £17950 with 50k on it, that car with 90k on it would still be worth £17k today.

These sort of cars don't follow the normal depreciation curves.

They are still sort after and looked after cars in general, a 10 year old C63 is very different to a 10 year old C320.


XMT

3,793 posts

147 months

Wednesday 19th October 2016
quotequote all
OddCat said:
Okay. Fair enough. Hands up. I have this completely wrong.

With the exception of the Audi quattro I had in the late 90's (which I bought for £6k and sold for £7k two years later but now wish I'd kept) every car I've owned has pretty much halved in value (or worse) over 3 years. I'm not used to this "car defies depreciation gravity" thing. I've usually waited till cars have fallen to within my budget. Which is why I love it that people can buy these amazing cars new otherwise I'd never get to own one.

Point taken re last of the N/A V8's. I should know that - it's why I'd like one.

Sounds like I need to buy a C63 sooner rather than later then. Now, if I can just get someone to give me £12k for my car........
OP your never really going to get a fair answer. Trouble is too many people have a vested interest to protect prices.

I dont have a c63 and for now dont want one however in my experience when I was looking at them on and off for 12-18 months. Prices are firm and staying firm - will they stay firm? I doubt it regardless of all this crap about last of the N/A rubbish.

My thoughts were the same as yours when looking - 08/09 plates with 50k on clock up for 25k or 2012/2013 models with 20k on the clock for 30/31k.
Personally I felt the 08/09 cars should have been 20k/21k mark.
That is just my opinion - its my money its up to me what I part with it for.

Funnily enough I think prices have firmed up evern more so from the last time I have looked but in all honesty this has happened with ALL premium performance verions of cars. There are fewer around, more willing to spend money on then due to saving up etc being at a certain age to do so etc.

335i, m3s, c63s, porsches all of this era 2009-2012 models have firmed up because people like me who seen them when they were younger and fell in love with them can now afford them comfortably.
supply and demand and all that jazz etc etc etc


krisdelta

4,566 posts

201 months

Wednesday 19th October 2016
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What you're seeing here (as other posters have said) is supply / demand. I think this is still an offshoot from 2008-2011 when there was a massive depression in sales and second hand values of performance cars. Prices have been going up or staying the same year on year.

I bought my (now departed) Vantage at 5 years old in 2011 for £34k, the cheapest 5 y/o manual Vantage today is £56k, I got into a Z4MR early last year for £14k (which was strong money then) and sold it this year for a chunk more. If it's rare, desirable and a good spec (as C63's are with no options ticked) then the values seem pretty firm currently after the first 3 years of depreciation.

Pick a budget and if you like the car, buy it - you only get one go-around on this earth and you may as well do it with a thundering V8 engine under the bonnet, should funds allow. There are a few nice looking E63's around for £25k - tempting too!

Eddie - you're a bad good influence with your awesome string of cars beer

gizlaroc

17,251 posts

224 months

Wednesday 19th October 2016
quotequote all
krisdelta said:
What you're seeing here (as other posters have said) is supply / demand. I think this is still an offshoot from 2008-2011 when there was a massive depression in sales and second hand values of performance cars. Prices have been going up or staying the same year on year.
Very good point!

The poster above says he remembers these cars growing up, that to me says that he has probably only been looking at used car prices since the crash of 2008?

Used car prices fell through the floor, and now they seem to be getting back to normal. These performance cars always tended to do better than vanilla models, but when there was a crash they tanked hardest, that is now swinging back round.

Plus we have seen the next gen of car arrive and with it a price increase, a new C63 with a couple of basic options is now £65,000 or over £70,000 for the S.

That certainly pushes a new model out of the reach for many, you could buy a nearly new one for around £40k 5 years ago, that is a massive difference.

I prefer estates, and there has been a couple of facelift ones with sub 50k miles on them come up for under mid 20's, but when I say a couple I do mean 2, and both private sales. £23k and £24k. But they went very quickly.


Timok

2 posts

175 months

Thursday 20th October 2016
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I have been following C63's in the classifieds for some time now,there are some that seem to hang around for a while at the moment. The potential head bolt failure problems of pre 2010 cars that I have read about in some Mercedes forums doesn't seem to be affecting the values.

ecain63

10,588 posts

175 months

Thursday 20th October 2016
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Timok said:
I have been following C63's in the classifieds for some time now,there are some that seem to hang around for a while at the moment. The potential head bolt failure problems of pre 2010 cars that I have read about in some Mercedes forums doesn't seem to be affecting the values.
Probably because it's not a huge problem. It looks bad on forums but the reality is it affects a small number of cars. Bit like small businesses. Nobody notices the good work they do, buy if they get a single bad review they become known to the masses as the worst of the worst.

Steelnads

171 posts

273 months

Thursday 20th October 2016
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[quote=XMT]


I dont have a c63 and for now dont want one however in my experience when I was looking at them on and off for 12-18 months. Prices are firm and staying firm - will they stay firm? I doubt it regardless of all this crap about last of the N/A rubbish.




I love big N/A engines and am saddened that they are confined to history which Is the main reason why I bought a new c63 in April 2014 to replace another big N/A car the TVR Griffith 500, end of an era, last of the N/A engines. Its not crap at all I am sure many pistonheaders feel the same as I.

trowelhead

1,867 posts

121 months

Thursday 20th October 2016
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mikearwas said:
Yep, they've gone up recently too. Sub 15k cars now over 35k some up at 38k. When I bought mine they were around the 34 mark.
I bought mine at £35k ish with 8k miles about 8 months ago.

Yet i've added almost 20k miles to it already ha ha ha

trowelhead

1,867 posts

121 months

Thursday 20th October 2016
quotequote all
XMT said:
335i, m3s, c63s, porsches all of this era 2009-2012 models have firmed up because people like me who seen them when they were younger and fell in love with them can now afford them comfortably.
supply and demand and all that jazz etc etc etc
That's true, lusted after a C63 since they came out - only recently could justify buying one.

Bet there are a lot of young ish lads who are in a similar position keeping prices firm.

krisdelta

4,566 posts

201 months

Friday 21st October 2016
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I've had a look around at whats available and there are some big disparities at first glance, but dig a bit deeper and it's less clear cut. These are all the estates as that's my favorite C63 flavour.

2012 car - main dealer, no options, 40k miles - £27k - but already had 5+ owners and MOT's at very random points.
2012 car - main dealer, no options, 20k miles - £30k - 2 owners but on suspiciously budget tyres
2013 car - main dealer, no options, 30k miles - £32k - 2 owners
2012 car - private - HK and park assist, 40k miles - £28k - 3 owners and just had B service

In short... worry about value rather than outright price. Tyres / Brakes and a B Service could easily remove 3k from your pocket.

mikearwas

1,112 posts

159 months

Friday 21st October 2016
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trowelhead said:
That's true, lusted after a C63 since they came out - only recently could justify buying one.

Bet there are a lot of young ish lads who are in a similar position keeping prices firm.
Same as me. It's one of those cars.

VX0075

226 posts

171 months

Friday 21st October 2016
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interesting thread, fair play to O/P for hearing out the views....I can agree with quite a few things written already

1. I an one of the get the last NA's, whilst I can find a well looked after one.
2. Lusted after one when they came out, and can now afford one...in fact as i'm in my early 30's I loved the old touring cars on TV too, so wanted an estate!
3. Bought from merc dealer a year ago with 14k miles, estate facelift 2013 for 32k
4. I don't know why as I didn't give a hoot about depreciation when I bought it but i still look on autotrader what they're going for...so far so good.

buy one you won't regret it, even if it depreciates! I think all the above demonstrates its not going to depreciate any more than a normal car, perhaps if current trend continues it might not depreciate much at all...imagine if there comes a day in a good few years when the new 4.0 bi turbo is cheaper then the 6.2!! :P