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Targarama

Original Poster:

13,383 posts

163 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

39 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

1,338 posts

111 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:

13,383 posts

163 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

2,094 posts

80 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:

13,383 posts

163 months

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

Diamond blue

2,094 posts

80 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:

13,383 posts

163 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

1,338 posts

111 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

23,038 posts

146 months

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

Do it. Do it!

Boshly

2,027 posts

116 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

234 posts

63 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

1,043 posts

118 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

592 posts

81 months

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

Diamond blue

2,094 posts

80 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

705 posts

103 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

146 posts

126 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

146 posts

126 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

288 posts

22 months

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

Boshly

2,027 posts

116 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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