Best Luxury car for resale
Discussion
I can imagine selling a high end car privately must be pretty tricky.
I bought my CLS63 for a pretty strong price but it was pristine and very low mileage, plus I knew the previous owner. That said, I am under no illusion that if I tried to sell it, it would be a slow process.
People have no hesitation spending £20k+ on a mediocre car but they want something from a dealership with warranty I guess.
As for resale, I suppose anything that isn't horrendously thirsty, is in a 'normal' colour and good spec would hold some value.
I bought my CLS63 for a pretty strong price but it was pristine and very low mileage, plus I knew the previous owner. That said, I am under no illusion that if I tried to sell it, it would be a slow process.
People have no hesitation spending £20k+ on a mediocre car but they want something from a dealership with warranty I guess.
As for resale, I suppose anything that isn't horrendously thirsty, is in a 'normal' colour and good spec would hold some value.
As above, one of the cheap Lease deals makes sense if you're only planning on keeping for 2-3yrs.
An example is the A8 Black Edition i picked up in July, deal was IIRC, 6+23 based on 10kpa at a total monthly cost of £460. Basically the rentals wouldn't even cover 50% of the depreciation over that term so kind of a no brainer.
An example is the A8 Black Edition i picked up in July, deal was IIRC, 6+23 based on 10kpa at a total monthly cost of £460. Basically the rentals wouldn't even cover 50% of the depreciation over that term so kind of a no brainer.
How about the previous model E63s facelift with the 5.5 biturbo?
I have one in estate form, plenty of room for the kids / dogs and goes like stink.
A fully loaded 2013/2014 can be had for around £40k (if you can find one). Very rare, my main dealer tells me they only sold 25 in estate form in the UK. They appear to hold their prices quite well.
I had a C63 estate PPP before. Again a very rare car (I only saw two others). I bought that for £42k, owned for three years and sold for £33k. Fingers crossed the E does the same.
Edit - There is one on ebay at the moment.
I have one in estate form, plenty of room for the kids / dogs and goes like stink.
A fully loaded 2013/2014 can be had for around £40k (if you can find one). Very rare, my main dealer tells me they only sold 25 in estate form in the UK. They appear to hold their prices quite well.
I had a C63 estate PPP before. Again a very rare car (I only saw two others). I bought that for £42k, owned for three years and sold for £33k. Fingers crossed the E does the same.
Edit - There is one on ebay at the moment.
Edited by petjam on Friday 24th November 10:56
https://www.autotrader.co.uk/classified/advert/201...
but if it were me I'd buy this and spend the rest on petrol
https://www.pistonheads.com/classifieds/used-cars/...
but if it were me I'd buy this and spend the rest on petrol
https://www.pistonheads.com/classifieds/used-cars/...
mambolambo said:
I had a 750LI previously. That was a real ball ache to sell as well. It seems only a few people like myself like 5-liter petrol engines
Yes I am thinking of a petrol S class, Audi s8 but I suspect they are also a pain to sell later?
That's the crux of it. It's a small market for big petrol engines cars that aren't M/RS models. Yes I am thinking of a petrol S class, Audi s8 but I suspect they are also a pain to sell later?
I had a 650i that I couldn't give away at one point!
A8L 4.2TDI
On my second and it just does not get any better short of something like a Bentley. Mercedes S Class is close but the engine options are a bit crap with either a guzzling petrol or a diesel that can't pull the skin off a rice pudding. I picked up a 3 month old one with 2000 miles for less than 45k. They sell well too as there is not much to compete with them.
On my second and it just does not get any better short of something like a Bentley. Mercedes S Class is close but the engine options are a bit crap with either a guzzling petrol or a diesel that can't pull the skin off a rice pudding. I picked up a 3 month old one with 2000 miles for less than 45k. They sell well too as there is not much to compete with them.
5678 said:
That's the crux of it. It's a small market for big petrol engines cars that aren't M/RS models.
I had a 650i that I couldn't give away at one point!
Good to see a real man finally I had a 650i that I couldn't give away at one point!
. Yeah m5 maybe a good idea come to think of it but I need AWD. My brother has an ML6.3 AMG but he has not tried to sell it yet.You think the M5 will be easier to shift when I am bored with it? I heard AMG which are special like the M also depreciate like the pound after brexit.
fatjon said:
A8L 4.2TDI
On my second and it just does not get any better short of something like a Bentley. Mercedes S Class is close but the engine options are a bit crap with either a guzzling petrol or a diesel that can't pull the skin off a rice pudding. I picked up a 3 month old one with 2000 miles for less than 45k. They sell well too as there is not much to compete with them.
Thanks Fatjon, a good option. By your name, we sound like we have a similar frame type as well. I have always like this type of exec limo.On my second and it just does not get any better short of something like a Bentley. Mercedes S Class is close but the engine options are a bit crap with either a guzzling petrol or a diesel that can't pull the skin off a rice pudding. I picked up a 3 month old one with 2000 miles for less than 45k. They sell well too as there is not much to compete with them.
mambolambo said:
S9JTO said:
335d xDrive
A6 3.0TDI S Line Avant
540d
Yeah, I think diesel easier to sell?A6 3.0TDI S Line Avant
540d
Firstly, these are large cars (well large for the UK) and large cars tend to lose value the fastest.
Secondly, they're common and more common in the oil burner variant.
Did a quick search on the 335i compared to the 335d on Autotrader, the both for 2013 models, the 335d's were asking from £16,000 to £24,000, the 335i's were asking from £18,000 to £27,000. There were 5 diesels compared to 3 petrols in a 50 mile radius from me.
SUV's lose value even faster than large saloons. Given the OP has 3 kids, what about an M5 or E63 AMG... M/AMG cars hold their value better than the standard models due to exclusivity.
mambolambo said:
JZZ30 said:
Surely this is perfect criteria for a lease? Just fund the depreciation and let someone else worry about moving it on.
JZZ30 I have always bought things cash. The leasing guy needs to make a profit too right? So in my mind, this is going to end up being more expensive.Dealers / Brokers aren't paying RRP when they buy hundreds / thousands of cars to lease out. It can certainly be cheaper to lease SOME cars than to buy, especially if you're not doing massive miles. Don't forget to factor in that you can invest your 30-40k over the course of the lease too, further reducing the cost.
Don't under-estimate the ridiculously low-cost of financing if you can afford it.
mambolambo said:
JZZ30 I have always bought things cash. The leasing guy needs to make a profit too right? So in my mind, this is going to end up being more expensive.
Some of the leasing guy's profit comes from the fact he buys a lot of cars, so gets a far better unit price than you or I would as private buyers. Of course that's not all his profit, but it is a chunk of it. I used to work for a Ford dealer, and one of the big lease companies we supplied got 35% off list.
tigger1 said:
You might want to go investigate the S8 lease thread...
Dealers / Brokers aren't paying RRP when they buy hundreds / thousands of cars to lease out. It can certainly be cheaper to lease SOME cars than to buy, especially if you're not doing massive miles. Don't forget to factor in that you can invest your 30-40k over the course of the lease too, further reducing the cost.
Don't under-estimate the ridiculously low-cost of financing if you can afford it.
I don't think anyone is paying RRP. Dealers / Brokers aren't paying RRP when they buy hundreds / thousands of cars to lease out. It can certainly be cheaper to lease SOME cars than to buy, especially if you're not doing massive miles. Don't forget to factor in that you can invest your 30-40k over the course of the lease too, further reducing the cost.
Don't under-estimate the ridiculously low-cost of financing if you can afford it.
My 240i was barely above RRP with dealer delivery, £2500 of options and finance.
mambolambo said:
I have had a Panamera turbo for sale, very, very well priced for the last 6 or so months. I think I have finally sold but what a pain. I guess the things that put people off are:
1) stumping up a fair wad of cash for a 2010 car
2) well, cannot think of anything else.
My next car I would hopefully like to sell quicker. I am thinking of a luxury saloon as I have 3 kids. Any pointers?
When buying a car, I can't ever remember thinking about the ease of re-sale / disposal. I simply slip on my buying goggles and Bob's your Uncle. 1) stumping up a fair wad of cash for a 2010 car
2) well, cannot think of anything else.
My next car I would hopefully like to sell quicker. I am thinking of a luxury saloon as I have 3 kids. Any pointers?
I'm obviously doing something wrong !
mambolambo said:
5678 said:
That's the crux of it. It's a small market for big petrol engines cars that aren't M/RS models.
I had a 650i that I couldn't give away at one point!
Good to see a real man finally I had a 650i that I couldn't give away at one point!
. Yeah m5 maybe a good idea come to think of it but I need AWD. My brother has an ML6.3 AMG but he has not tried to sell it yet.You think the M5 will be easier to shift when I am bored with it? I heard AMG which are special like the M also depreciate like the pound after brexit.
M5 would be a safe bet I'd have thought? Even if it didn't sell privately, there would be plenty of dealer interest.
OddCat said:
When buying a car, I can't ever remember thinking about the ease of re-sale / disposal. I simply slip on my buying goggles and Bob's your Uncle.
I'm obviously doing something wrong !
Yes, I always go for the 5 liter petrol and my last 2 cars have been a fecking pain to sell on. I still want something good but after 6 months on the online sales shelf, you start to hate the sight of it.I'm obviously doing something wrong !
mambolambo said:
JZZ30 said:
Surely this is perfect criteria for a lease? Just fund the depreciation and let someone else worry about moving it on.
JZZ30 I have always bought things cash. The leasing guy needs to make a profit too right? So in my mind, this is going to end up being more expensive.Gassing Station | Car Buying | Top of Page | What's New | My Stuff