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SLS depreciation over next year or two

SLS depreciation over next year or two

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Discussion

Targarama

Original Poster:

13,627 posts

180 months

Tuesday 17th April 2012
quotequote 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

1,058 posts

56 months

Friday 20th April 2012
quotequote 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

1,528 posts

128 months

Friday 20th April 2012
quotequote 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:

13,627 posts

180 months

Friday 20th April 2012
quotequote 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

2,505 posts

97 months

Friday 20th April 2012
quotequote 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.

Targarama

Original Poster:

13,627 posts

180 months

Friday 20th April 2012
quotequote all
We only live once right? smile

Diamond blue

2,505 posts

97 months

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


Targarama

Original Poster:

13,627 posts

180 months

Friday 20th April 2012
quotequote 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

1,528 posts

128 months

Friday 20th April 2012
quotequote 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

24,741 posts

163 months

Friday 20th April 2012
quotequote all
It's my favourite car. Evarr! lick

Do it. Do it!

Boshly

2,244 posts

133 months

Friday 20th April 2012
quotequote 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

335 posts

80 months

Friday 20th April 2012
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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

1,152 posts

135 months

Saturday 21st April 2012
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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

644 posts

98 months

Sunday 22nd April 2012
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Three months.

Diamond blue

2,505 posts

97 months

Sunday 22nd April 2012
quotequote 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

755 posts

120 months

Sunday 22nd April 2012
quotequote 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

172 posts

143 months

Friday 15th November 2013
quotequote 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

172 posts

143 months

Friday 15th November 2013
quotequote 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

333 posts

39 months

Saturday 29th March 2014
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Any recent thoughts on these motors?

Boshly

2,244 posts

133 months

Sunday 30th March 2014
quotequote 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.