Vehicles with the worst depreciation values

I'd like to get an idea for the worst depreciating value of various vehicles. I know there are a lot of factors that formulate the overall value, options, mileage, service history, overall dependability, etc..

Here's a example:

2001 CLK55 AMG W208 coupe - NEW $70,000 NOW $9500

I've always liked these cars looks & power but can be a money pit to maintain.
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All the AMG's have terrible depreciation rates. So do Jaguars. The XKR's and XJR's start near $100,000 and end up in the $30,000 range after a few years.

 

Just off the top of my head:

2010 Supercharged Range Rover =$110K ---2010 Supercharged RR w/15K miles=$88K. Depreciation of roughly $1.50 per mile in only a few months...ouch. Land Rovers generally don't hold their value too well.

The bottom also seems to fall out of a good many late model Maserati's. A 2004/5 Cambiocorsa was ~$90K & a sub 30K mile example can be bought all day long for $30-35K.

Basically all post-993 Porsche's depreciate poorly...or fantastically if you're a buyer!

It should be interesting to see the responses from people who have taken a big hit.

 

Saabs...

 

84 Maser Biturbo paid $27k in 84, sold for $7900 in 87, glad to get that for it.

 

My 997 lost about $40k in 3 years and 15k miles; my GT3 lost $50k in 6 years and 3500 miles.

Of course I'm the second owner so I benefited from said depreciation . Basically between the two I got a free Porsche

Gallardos probably win the dollar amount drop...$200-250k new, early 04s are now consistently under $100k (sometimes much under). ouch.

 

Show me one of those in florida for that price and I'll buy it. All the ones I can find worth buying are between 14-20.

 

Going to have to quote Simon here on this one. I've owned a couple Saabs in the past, 2001/2002 models, and both were $80,000+ CDN brand new. Price of one as of today? Approximately $8,000. It's almost sickening how low they drop - and how fast they drop to it.

 

I was the beneficiary of this... 2008 (summer) pretty loaded Benz E350 - $78k new. I bought it winter 2009 with 2300 miles for $41K... amazing how much it tanked in that short time and miles. (first owner traded in on a CLK550)

But I won

Jedi

 

an E350 at $78k?!? yikes.

I think the Bangle 7-series is worse....$80-90k new, $25k now.

 

Maybachs.........AMGs......MB S-class.........SLR..........RR and Bentley.........Aston Martins.......Jags.....Land/Range Rovers.......

 

2006 MB E55 AMG

I paid close to $100k new. I sold 4 years later for $37k

 

My father likes to tell of the mid-70's when you could buy a new Alfa Spyder new, drive it a block to any other dealer, and be compleely unable to trade it in. No dealers would touch the things.

Shiny Side Up!
Bill

 

I still do not believe there is a 78k E350...Canadian $'s possibly...

Here is a well optioned 2008 e550 63k new...

http://www.edmunds.com/mercedesbenz/eclass/2008/testdrive.html

 

2005 cl65 msrp $178,220 and now!!!



06/17/10 RIVRSIDE Regular $32,000 65,904 Below PEWETER 12G A Yes

06/23/10 ATLANTA Regular $42,000 43,315 Above WHITE 12 A Yes

07/02/10 LAUD/MIA Regular $38,500 40,395 Avg Black 12G A Yes

07/15/10 RIVRSIDE Lease $33,000 64,074 Below BRI SIL 12G A Yes

08/06/10 MANHEIM Regular $38,750 48,427 Avg BLACK 12G A Yes

08/10/10 FAAO Regular $41,000 40,485 Avg BLACK 12G A Yes

 

Here is what they are trading for wholesale...Someone is trying to rob you!

2001 Select Region: National
Make: MERCEDES-BENZ Seasonal Adjustment: No
Model: CLK CLASS
Style: 2D COUPE CLK55 AMG

Transactions

Date Auction Sale Type Price Odometer Cond Color Eng Trans In Sample

07/01/10 DFW Regular $8,500 80,538 Above GREEN 8G A Yes

05/05/10 UTAH Regular $6,700 122,319 Avg BLACK 8G A Yes

04/22/10 CHICAGO Regular $6,800 107,031 Avg SILV 8G A Yes

03/11/10 GTR TMPA Lease $8,500 60,411 Above SILVER 8G A Yes

02/22/10 FAAO Regular $9,500 93,000 Above Silver 8CY A Yes

02/18/10 HOBBY Regular $8,700 90,506 Above SILVER 8G A Yes

 

how can you forget to mention maseratis?

Astons are terrible, Arnages are terrible, just about anything with a MB logo... Saabs, many nissans... id also have to say a heavily optioned 911 as well... the fact that you can double the price of the car in personal options you might as well light your money on fire because you like the smell... LOL...

now for cars that are worth too much money on resale... id have to say a toyota pickup... pick any of them... for the most part... you are better off buying new instead of used!

 

I went into Mercedes of Calabassas today, and they had an SL65 Black Series on the showroom floor. brand new, never titled. 1 of 175 built for the US market.

MSRP: $304k
Asking price: $238k

the car has lost $66k (~20%) SITTING ON THE DAMN SHOWROOM FLOOR!!!!!

now that's depreciation

 

NO! This is!!!!

06/02/10 W PALM Factory $172,000 2,036 Avg BLACK 12G A Yes

07/15/10 RIVRSIDE Factory $205,000 5,879 Above BLACK 12G A No

07/28/10 W PALM Factory $174,500 2,045 Avg BLACK 12G A Yes

 

DAMN! although those cars were actually driven, the one I saw had like 50 miles

Jeremy Clarkson hit the nail on the head with that car:

http://www.youtube.com/watch?v=1VPAd-J-rz4

 

Was gonna say... don't put all your retirement money in a new Quattroporte.

 

I would say a Maybach.

 

I bought a 2000 Jag XJR for $6500 last November (originally was $70k or so). It's essentially disposable at that price and a pretty fun car. It's contemporaries, the BMW M5 and Mercedes E55 (pre-supercharger) cost 2X as much.

 

LOL I had that EXACT car except it was black. Paid $72k with navi. Piece of junk but I really miss it. Weird. Maybe I'll buy another when I finally go completely broke just so I can relive my past (when I wasn't). LOL.

RMX

 

You Americans should ship your cars here to sell them. The original poster put a picture up of a CLK55 Merc. Would probably still be selling for 50k + if I could be bothered to check.
No Maybach, Aston, AMG Merc, Supercharged Rangie would depreciate that quickly over here. We pay a premium for our cars here. So to buy into a 348/355 now still costs $120 to 180,000 (Depending upon condition, and wether or not it's a spider)

The few luxury cars that do lose their value here quickly seem to be Jags, saabs & volvos. And even they seem to hold pretty steady value.