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Targarama

Original Poster:

13,431 posts

166 months

[news] 
Tuesday 17th April 2012 quote quote all
Hi Chaps.

In the near future I will have a fat wad of cash sitting in the bank for a bit. I will be renting a house for at least 12 months (break up, need to decide where to buy next). I am toying with using part of this money to buy/run an SLS for a 6-12 months. I don't mind losing a bit of the money.

Sooo, what do you think I'll be able to pick up an SLS for in July/August, and how much might it depreciate by say Easter 2013. I'm thinking if I lose £10-£15k I might bite. I know this is a gamble, just wondering.

(No, I would not sell the TVR or BMW - this would be another toy car for 3-5k of smiles).

benzito

1,056 posts

42 months

[news] 
Friday 20th April 2012 quote quote all
2010 '10' plates cars are on for around 110k, new coupe's start at 160k-ish so already 50k depreciation in 2 years, I would say that in July prices may not have moved much (being summer where sports car's tend to appreciate slightly), by next easter I would agree that 10k less is a very realistic possibility

for a toy car with little depreciation why not look at a lambo/fezza? I reckon they will be easier to shift than the sls aswell if you are only looking to hold for a year

kryten22uk

1,339 posts

114 months

[news] 
Friday 20th April 2012 quote quote all
Very optimistic indeed I'd say. You'll lose £10k on dealer spread alone. Looking at least £20k this time next year I'd say.

Targarama

Original Poster:

13,431 posts

166 months

[news] 
Friday 20th April 2012 quote quote all
Kryten - you may be right, factoring in margins.

I don't like any rear engined donkeys newer than the 328. V12 Ferraris seem to haemorrhage value so I'll skip them. Lambos are nice, esp the Murci, but I just fancy an SLS. Good point about them possibly being harder to shift though.

Diamond blue

2,221 posts

83 months

[news] 
Friday 20th April 2012 quote quote all
Dealer margin on a car of that value will be at least £10k at an indy, franchised dealer will be looking for 15k I reckon plus the drop in value. Maybe £25k for the whole thing.

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Targarama

Original Poster:

13,431 posts

166 months

[news] 
Friday 20th April 2012 quote quote all
We only live once right? smile

Diamond blue

2,221 posts

83 months

[news] 
Friday 20th April 2012 quote quote all
Targarama said:
We only live once right? smile
Good attitude!!!
Go and get one if you like em....


Targarama

Original Poster:

13,431 posts

166 months

[news] 
Friday 20th April 2012 quote quote all
Diamond blue said:
Good attitude!!!
Go and get one if you like em....
Need to check I fit first too ... but that's part of the fun.

kryten22uk

1,339 posts

114 months

[news] 
Friday 20th April 2012 quote quote all
Targarama said:
I don't like any rear engined donkeys newer than the 328. V12 Ferraris seem to haemorrhage value so I'll skip them.
I would happily wager that a £110k 599 would lose less than an SLS.

GTIR

24,105 posts

149 months

[news] 
Friday 20th April 2012 quote quote all
It's my favourite car. Evarr! lick

Do it. Do it!

Boshly

2,079 posts

119 months

[news] 
Friday 20th April 2012 quote quote all
kryten22uk said:
Very optimistic indeed I'd say. You'll lose £10k on dealer spread alone. Looking at least £20k this time next year I'd say.
Dealer spread would be higher thn £10k I would guess.

You need something a tad older and/or a tad more unusual to stick to a £10/15k only depreciation. Unless you happen to buy really well - money talks so when your cashed up you could snap up a dealer price car? Carries risk but nothing a good inspection couldn't limit.

orbtar

237 posts

66 months

[news] 
Friday 20th April 2012 quote quote all
Make sure you buy it right and you shouldn't lose too much. Try some dealers and see what they can offer on brand new cars, in December they were discounting by £40,000. Brand new for £130k! Hopefully they will offer similar discounts on the roadsters soon.
You won't regret buying one, they're fantastic.

andy355

1,065 posts

121 months

[news] 
Saturday 21st April 2012 quote quote all
Any news on whether there are still discounted coupes around? Also would prefer a roadster but only seems to be 1 for sale. How long do merc dealers keep demos for?

chiefski26

607 posts

84 months

[news] 
Sunday 22nd April 2012 quote quote all
Three months.

Diamond blue

2,221 posts

83 months

[news] 
Sunday 22nd April 2012 quote quote all
orbtar said:
Make sure you buy it right and you shouldn't lose too much. Try some dealers and see what they can offer on brand new cars, in December they were discounting by £40,000. Brand new for £130k! Hopefully they will offer similar discounts on the roadsters soon.
You won't regret buying one, they're fantastic.
That's a massive discount on a relatively new and rare car like an SLS. I would have to say that suggests Merc have overcooked the price level by some distance.
Will be interesting to see where they settle down in the second hand market.

tonys

713 posts

106 months

[news] 
Sunday 22nd April 2012 quote quote all
This is just a guess; On that time scale I would think you'd be looking at an overall loss of 21.347% on outlay. Approximately smile

Nice cars though.

colinc01

148 posts

129 months

[news] 
Friday 15th November 2013 quote quote all
http://www.carmag.co.za/news/mercedes-benz-sls-to-...

Is anyone aware of this and if it is true I would expect residuals to increase over time.

colinc01

148 posts

129 months

[news] 
Friday 15th November 2013 quote quote all
http://www.carmag.co.za/news/mercedes-benz-sls-to-...

Is anyone aware of this and if it is true I would expect residuals to increase over time.

petrolheed

289 posts

25 months

[news] 
Saturday 29th March quote quote all
Any recent thoughts on these motors?

Boshly

2,079 posts

119 months

[news] 
Sunday 30th March quote quote all
I recently looked long and hard at these. Offered on two including a 2013 GT coupe. The only thing that put me off was I couldn't get my head round a Roadster vs a coupe. I'm a convertible guy but an SLS is all about the gull wings. I was going round in circles so I bought an SL63 and a Bentley Supersports instead.

I think it seems that they are slowing down on depreciation however and should be a great buy.
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