When to sell a C63...
Discussion
Bored on a Sunday...so daft ideas go through my head.
Bought a new C63 in March 2013.
It's perfect and I've enjoyed owning it but when is a good time to sell?
If you can imagine a graph. Time vs Cost (depreciation). What does it look like?
Of course, year old one is a big loss with new car depreciation.
Should I sell in March...hold on another year and sell March 2015?
Of course, there's bound to be a massive influx of C63s for sale in 2015 with all these crazy cheap lease deals coming to an end. Mine is bought.
Bought a new C63 in March 2013.
It's perfect and I've enjoyed owning it but when is a good time to sell?
If you can imagine a graph. Time vs Cost (depreciation). What does it look like?
Of course, year old one is a big loss with new car depreciation.
Should I sell in March...hold on another year and sell March 2015?
Of course, there's bound to be a massive influx of C63s for sale in 2015 with all these crazy cheap lease deals coming to an end. Mine is bought.
There will be a huge rush of poverty spec, and a handful of higher spec C63s coming on the market in the next year or so. All the 2 and 3 year lease deal cars will be going back to the dealerships ready to be flogged on cheap to 2nd hand buyers. Good time to buy a car for sure. As for cars with decent options, keep your eyes peeled but they'll be few and far between.
Seventy said:
ecain63 said:
There will be a huge rush of poverty spec
No such thing as a poverty spec C63. If that's an example of the ex-lease cars mentioned above, they are going to be difficult to sell on, both now and in the future.
True, FL cars are better spec'd but the options listed are comfort options rather than the ones people want in a spec'd C63. Used C63 owners invariably want PPP, LSD, Comand, 19" wheels etc. ie. All the bits merc charge over the odds for.
How many M3 owners discount non-EDC models from the search list? Most if not all?
How many M3 owners discount non-EDC models from the search list? Most if not all?
ghibbett said:
They're not options. They're standard. That was the point 
You know what I meant! Don't pick holes. All im saying is, the standard spec is good but its what you should get as standard in a new Mercedes anyway. For a C63, as a used item most buyers want the better options on top which is why the hundreds of base spec cars will struggle to sell next year.
I can see saloons taking a real battering ... perhaps estates might hold up better because there are less of them. A mate of mine has a Dec 2011 FL car, great spec inc carbon bits, 19's, LSD (no PPP) ... I think he paid £54, been offered £34k at dealer. £20k in 2 years is a pretty big hit. He's selling and will make a great used buy for someone.
JEA1K said:
I can see saloons taking a real battering ... perhaps estates might hold up better because there are less of them. A mate of mine has a Dec 2011 FL car, great spec inc carbon bits, 19's, LSD (no PPP) ... I think he paid £54, been offered £34k at dealer. £20k in 2 years is a pretty big hit. He's selling and will make a great used buy for someone.
I think this is all a bit unfair on the C63, the average new car will depreciate 50% over the first 3 years and 30,000 miles.ecain63 said:
You know what I meant! Don't pick holes.
All im saying is, the standard spec is good but its what you should get as standard in a new Mercedes anyway. For a C63, as a used item most buyers want the better options on top which is why the hundreds of base spec cars will struggle to sell next year.
Going to have to disagree with this. I thought about all those options when buying my C63 and ruled all of them out on the basis of not adding any benefit in the real world. The PPP package gives more power (great, I certainly appreciate that), but in real world driving it makes virtually zero difference as you can never really exploit that. The car is mentally fast as standard! As for the LSD, only really relevant on track usage. The composite brakes are good with nice red calipers but the standard anchors are brilliant and don't cost anywhere near as much to replace, so another expensive ownership proposition with little benefit. Ultimately, IMHO, I would argue that the "standard" car would be indistinguishable from one with the PPP package from a real world test drive perspective.All im saying is, the standard spec is good but its what you should get as standard in a new Mercedes anyway. For a C63, as a used item most buyers want the better options on top which is why the hundreds of base spec cars will struggle to sell next year.
I can understand why people chose these options but I think second hand purchasers will see the extra cost as being something that is an unnecessary additional drain on their wallet. If they are trying to buy the best they can afford within a budget, the fully loaded cars will always be a more expensive proposition than a "standard" car, both to purchase and run.
rgw2012 said:
IMHO, I would argue that the "standard" car would be indistinguishable from one with the PPP package from a real world test drive perspective.
Agree with everything you say apart from the above. Having driven PP & non-PP cars back-to-back, there IS a noticeable difference. Easy solution for non-PP cars though...just get the motor Eurocharged 
Fair enough. 
I still think it would be like a pepsi/coke taste test though, some will tell a difference, others won't. I'm not disputing there is a difference, just whether or not it is noticable enough to pass a blind test. I've driven both, not back to back but only a few days separating them and could not have told anyone which had the PP options had I not known. They were both awesome!
I still think it would be like a pepsi/coke taste test though, some will tell a difference, others won't. I'm not disputing there is a difference, just whether or not it is noticable enough to pass a blind test. I've driven both, not back to back but only a few days separating them and could not have told anyone which had the PP options had I not known. They were both awesome!
JEA1K said:
I can see saloons taking a real battering ... perhaps estates might hold up better because there are less of them. A mate of mine has a Dec 2011 FL car, great spec inc carbon bits, 19's, LSD (no PPP) ... I think he paid £54, been offered £34k at dealer. £20k in 2 years is a pretty big hit. He's selling and will make a great used buy for someone.
Just to put into perspective, I lost £10k (effectively £12k if you count the service) on a 2006 Aston.So a 2006 bought in 2012 and sold in 2013. All in a years ownership and 6k miles....
Edited by Gareth135R on Wednesday 27th November 17:46
rgw2012 said:
ecain63 said:
You know what I meant! Don't pick holes.
All im saying is, the standard spec is good but its what you should get as standard in a new Mercedes anyway. For a C63, as a used item most buyers want the better options on top which is why the hundreds of base spec cars will struggle to sell next year.
Going to have to disagree with this. I thought about all those options when buying my C63 and ruled all of them out on the basis of not adding any benefit in the real world. The PPP package gives more power (great, I certainly appreciate that), but in real world driving it makes virtually zero difference as you can never really exploit that. The car is mentally fast as standard! As for the LSD, only really relevant on track usage. The composite brakes are good with nice red calipers but the standard anchors are brilliant and don't cost anywhere near as much to replace, so another expensive ownership proposition with little benefit. Ultimately, IMHO, I would argue that the "standard" car would be indistinguishable from one with the PPP package from a real world test drive perspective.All im saying is, the standard spec is good but its what you should get as standard in a new Mercedes anyway. For a C63, as a used item most buyers want the better options on top which is why the hundreds of base spec cars will struggle to sell next year.
I can understand why people chose these options but I think second hand purchasers will see the extra cost as being something that is an unnecessary additional drain on their wallet. If they are trying to buy the best they can afford within a budget, the fully loaded cars will always be a more expensive proposition than a "standard" car, both to purchase and run.
ecain63 said:
I agree with everything you've said there in theory. But..... it depends on what sort of buyer they are. Either they're on a budget and are concerned about the bills (in which case a C63 isn't really a good idea) or they're not and just want a well spec'd car to enjoy for what it is. I'd say when shopping for 2 or 3 year old C63's most people are financially competent enough to be looking at it from a 'want to have fun' perspective rather than a 'will my loan or allowance stretch' perspective. Not saying you're wrong by any stretch but if its a case of moving £2k or £3k on a £35k to £40k car then there should be no reason to avoid the better options on a cost basis. When the cars are only £15k then that's where a couple of grand matters. Look at the E39 M5 and also the earlier E60 M5 for example.
Yup, I don't disagree. If you can afford the extras then why not have them if that's what you want. Just think you are missing out the buyer who can afford the £40k+ plus car but doesn't want to spend on options that they don't believe will provide sufficient benefit for the additional costs they have upfront and ongoing (eg £2k to replace the front discs!)I fall into this category and don't feel I've missed out by choosing a car without those options. On the premise that I'm not unique I expect there will always be plenty of buyers for the standard spec cars, as there will no doubt be for those offering the PPP as well.the big engine and running costs is plain and simple why the curve on depreciation is higher on the c63s than other smaller engined c class'
merc did a good job of attracting people with the 600per month leasing deals thats for sure and they will become a serious bargain in 18 months time.
merc did a good job of attracting people with the 600per month leasing deals thats for sure and they will become a serious bargain in 18 months time.
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