How to value pristine SL500

MB has poor resale value unfortunately even if in great condition. There are quite a few low miles mid-2000s MBs for sale in South Florida (older population that doesn't commute as much) and they are pretty discounted.

The G-wagens have kept the best value from what I've seen. a 10+ year old one with high miles can still go for 30-35% of MSRP. Meanwhile a 10 year old S500 sells at 15-20% of MSRP with same amount of miles and a lot of times lower.

I'd check out classifieds with similar cars as yours in the area. SLs do keep higher values from what I've seen than the sedans.

 

these cross in to the territory where out of principle, you hold on to it and give it to your kids as opposed to giving it away for pennies.

 

Unfortunately I think ferraripete is right. Much more value in using it than selling it, unless the garage space is the overriding factor.

You might set up an alert on DuPontRegistry.com for 2003-2005 SL500s or search there for ones with ~30K miles to get a sense of what asking prices are.

 

you are getting good advise around here you would be lucky to get 25% of what you paid for it.

 

Women want jewelry and shoes not cars, lesson learned.

 

My FIL just sold his 2003 SL55 for $30k. It was in great condition, fairly low miles. Can't recall the actual mileage though.

 

Wasnt looking to buy, but if you find yourself really needing-wanting to move it, send me a PM.

 

With or without warranty?

 

FWIW, last year my buddy bought a pristine blk/blk 20K mile 2005 SL500 with a 2 yr/ 100K bumper to bumper warranty for just under 30K all in.

Gorgeous and timeless cars...

 

An SL55 is much different than an SL500...

Both have terrible resale as a % of MSRP at this age, even with low mileage. I'd love an SL55 by the way!!