Merc resale value

[Yaloryalor]

  On 1/24/2016 at 2:23 AM, Fuelsaver said:

Not trying to be funny, but all dealer cars also holding their value. Only difference will b if there r any takers. I unsure about conti cars, but jap cars Toyota n Honda also hold value well, esp mpv n suv type. If u looking to sell, may try pricing near dealer value first. Then c if any response next few weeks.

 

I think another big factor is the current new car price.

 

Even if the used car got low paper value, the 2nd hand dealers will mark up high if the new car prices are high. However, they will press the seller to take in low price due to low paper value.

[Fuelsaver]

  On 1/25/2016 at 3:58 AM, Yaloryalor said:

I think another big factor is the current new car price.

 

Even if the used car got low paper value, the 2nd hand dealers will mark up high if the new car prices are high. However, they will press the seller to take in low price due to low paper value.

other factors will b whether u selling urself or trade-in, coe price at that period, whether more buyer at that time, and particular model (not all models of same brand sell as well).

 

suddenly felt so many factors til can't really justify wc brand holds value better.

 

mayb this way for typical conti e.g. merc = bmw > audi > volvo; typical jap e.g. toyota = honda > nissan > mitsubishi. just suggesting, i may b incorrect.

[Forte3737]

Those who bought in 2013-2014 really lose big big

  On 1/24/2016 at 2:27 PM, flashbang said:

Actually it is very subjective depending on the COE level at the time you buy and sell.

 

For those who bought a B&B car during 2008-2009, they would have paid between 50-60k. They could have driven it for 5 years, then sold it for the exact same amount in 2013-2014.

 

For those who have bought a new car in 2013-2014............... better drive until scrap.

 

[Solar]

to the bro that dislikes behind the cloak of anonymity... i know all cars depreciate value. no brainer right?

the question is whether the car holds better than the rest, or it is just an urban legend.

 

don't need to hide next time.. it is just a discussion, don't need to be scared 

 

[L23]

  On 1/25/2016 at 8:13 AM, Solar said:

to the bro that dislikes behind the cloak of anonymity... i know all cars depreciate value. no brainer right?

the question is whether the car holds better than the rest, or it is just an urban legend.

 

don't need to hide next time.. it is just a discussion, don't need to be scared 

 

Like that also can get dislike ? 

No wonder , hearsay nowadays many stressed ppl in Singapore.   

[car50]

Resale prices for C180 can be compared with BMW 320i

 

Used to monitor resale of these 2 models closely side by side in 2013-2014

 

For the same year, C180 holds value better, esp when it comes to negotiation with dealers

 

But with merc overtaking new car sales over BMW over the past few years, currently there are much more used cars for merc than bmw in sgcarmart, so negotiation may be different now

 

with the new W205, the resale of W204 does suffer a bit, more than a year ago depr for a 2-3 year old one usually 16-17k plus/year

 

now most around 15k+/year

 

BMW basic series 316I most going for 14k+ /year now.

 

whatever it is, a well taken care used c180 will not be short of potential buyers

 

 

 

 

  On 1/24/2016 at 2:08 AM, Solar said:

In general, people are saying Mercs hold its value well.
Using my own, it's a Jan 2011 C180 which I bought from a dealer for 140k around a year and half old.
Coe was 35k.

Fast forward.
Taking a similar year and half C Oct 2014 below, they are selling at 147k but coe is 65k.
http://www.sgcarmart.com/used_cars/info.php?ID=529153&DL=1013

Is this the indication how Mercs are holding their value?
Of course, this is disregarding low-balling from dealers. I am looking at selling price in the market.

 

[L23]

  On 1/25/2016 at 8:48 AM, L23 said:

Like that also can get dislike ? 

No wonder , hearsay nowadays many stressed ppl in Singapore.   

 

Anonymous : 5 Dislikes for Merc resale value

Comment:

also canReport

 

 

 

Why you so against this topic huh? 

No balls to show who you are huh? 

[Solar]

  On 1/26/2016 at 7:13 AM, L23 said:

 

Anonymous : 5 Dislikes for Merc resale value

Comment:

also canReport

 

 

 

Why you so against this topic huh? 

No balls to show who you are huh? 

 

 

suak la.. given u 5 pts u lost. 

there might be questions or answers that sound silly, but it's just discussion and hopefully everyone can learn something thru it.