How much? 2005 CL65 trade in Value

V12Godspeed · 10-21-2008, 10:00 AM

The thought crossed my mind, what if I could get more money by trading this car in then by selling it..lol! Anybody out there experience this? I kow the auctions have been very poor witht he value of these cars...but maybe joe schmuck could give more...

france2112 · 10-21-2008, 10:42 PM

Quote:

Originally Posted by V12Godspeed

The thought crossed my mind, what if I could get more money by trading this car in then by selling it..lol! Anybody out there experience this? I kow the auctions have been very poor witht he value of these cars...but maybe joe schmuck could give more...

What do you want to get? I still love my CL65 but I understand the itch to get something new. I bought my car outright so I'm keeping it for the long hall. I just tinted the windows with Formula One ceramic tint and I plan to get the VRP top mounted intercoolers and ECU upgrade whenever they actually make it. Our car still has almost no competition with regards to speed, power, and comfort. let me know if you get something new

.

Larry

V12Godspeed · 10-21-2008, 10:57 PM

Quote:

Originally Posted by france2112

What do you want to get? I still love my CL65 but I understand the itch to get something new. I bought my car outright so I'm keeping it for the long hall. I just tinted the windows with Formula One ceramic tint and I plan to get the VRP top mounted intercoolers and ECU upgrade whenever they actually make it. Our car still has almost no competition with regards to speed, power, and comfort. let me know if you get something new

.

Larry

I have no idea larry, just throwing an adventure out there...lol!!
The VRP top mount with the ECU is the way to go....That is the sh$t!! lol!

moparrbust · 10-21-2008, 11:03 PM

Take it to carmax and see what they'll give you...........that's what I did with my SRT-8 Charger. They offered me $2,000 more than the stealerships would offer and they don't require you to buy another car.

V12Godspeed · 10-21-2008, 11:20 PM

Quote:

Originally Posted by moparrbust

Take it to carmax and see what they'll give you...........that's what I did with my SRT-8 Charger. They offered me $2,000 more than the stealerships would offer and they don't require you to buy another car.

Thats a pretty good idea...Thanks.

TMC M5 · 10-22-2008, 03:15 PM

The problem with "special" cars like this is that Carmax and any dealer will immediately look at the latest auction prices. If you know the auction prices, then you know what to expect as a trade-in value. You might want to be sitting when you hear the news...

Tom

sleewell · 10-22-2008, 03:24 PM

in my experiences carmax doesn't offer anywhere close to what you could get if you did it privately.

think about it, they have to turn around and sell that car and make a profit; in these times that is getting harder and harder.

it takes a lot longer and you will deal with a lot of flakes and waste a lot of time but if you want to get the most from your car its the best option. but if convenience is your main concern carmax would be the best option

blazinginder · 10-22-2008, 04:53 PM

^ probably true, but its the most money you'll get by selling the car then & there, not having to wait around for that right person to come buy the car

DFW01E55 · 10-22-2008, 06:33 PM

I got 2k more from a dealer (yup, trade in) than I did from Carmax.

Still, if I wanted to just walk away from the car, Carmax was a decent option.
Quick and far less risky than taking 5 figures in a cashiers check from someone you don't know.

Satan · 10-22-2008, 07:11 PM

Quote:

Originally Posted by moparrbust

Take it to carmax and see what they'll give you...........that's what I did with my SRT-8 Charger. They offered me $2,000 more than the stealerships would offer and they don't require you to buy another car.

What about tax credit that we have in LV? Unless your car was well below 20k you got about the same from both the dealership and carfags.

V12Godspeed · 10-22-2008, 09:57 PM

Well, I will only sell if it is convenient..lol! Not in a rush, but if the right offer comes thru she is definitely a goner. It's funny I called my friend today since he works for the dealer and asked to check the Gal's book value, after looking it up he said the value was not in the book....that could only mean one thing...The values are what ever the market is going for...

sound 8 · 10-23-2008, 03:22 PM

If you can't afford it, you shouldn't have it ...lol!

Oxygen · 10-23-2008, 04:33 PM

Quote:

Originally Posted by sound 8

If you can't afford it, you shouldn't have it ...lol!

I don't think that's Jody's problem dude...

V12Godspeed · 10-23-2008, 06:11 PM

Quote:

Originally Posted by sound 8

If you can't afford it, you shouldn't have it ...lol!

You and your smart remarks...dude go get a life...I wont even answer or waste my breath on you...low life.

trumpet1 · 10-23-2008, 07:19 PM

With the market as tough as it now, I would have to believe that a trade in would be your best bet because the stealerships probably have a lot of rebate money/trunk money available to help you get out of your car. They will have much more incentive to bargain with you right now, especially right now at the end of the month and I'm sure there are plenty of good deals right now trying to get rid of 2008 model (even 07 ) leftovers.

Fikse · 10-23-2008, 07:48 PM

when I had the deal worked up on my CL65, I called for an insurance quote, they said they didn't have the CL65 listed, they wanted to go on the original msrp.... I didn't want to tell them $185k! so I said I wasn't sure....

she said, was it over $80k? yes
over $100k? yes
over $125k? um, maybe?

she said that was enough.....

I can't see a dealer offering more than $50k, but who knows, I was at $69k on the deal I was working on, and they wouldn't budge, not even to fix/repair bent wheels, maybe some dealers get too heavy into these cars....

Quote:

Originally Posted by V12Godspeed

Well, I will only sell if it is convenient..lol! Not in a rush, but if the right offer comes thru she is definitely a goner. It's funny I called my friend today since he works for the dealer and asked to check the Gal's book value, after looking it up he said the value was not in the book....that could only mean one thing...The values are what ever the market is going for...

TMC M5 · 10-23-2008, 08:29 PM

Fikse:

I agree I would be shocked to see a dealer go $50K for a trade-in given this economy.

Tom

TMC M5 · 10-23-2008, 08:30 PM

Quote:

Originally Posted by sound 8

If you can't afford it, you shouldn't have it ...lol!

The project or "adventure" that Jody is going to undertake will cost probably 2-3 times what his CL65 is worth. Money isn't the issue...

Tom

V12Godspeed · 10-23-2008, 09:10 PM

Quote:

Originally Posted by TMC M5

The project or "adventure" that Jody is going to undertake will cost probably 2-3 times what his CL65 is worth. Money isn't the issue...

Tom

LOL....he is cheating on me with you...Ahah!!!

V12Godspeed · 10-23-2008, 09:12 PM

Quote:

Originally Posted by TMC M5

Fikse:

I agree I would be shocked to see a dealer go $50K for a trade-in given this economy.

Tom

You hit it right on the nose...I called mercedes of Massapequa today...they gave me a quote of 50K...I will try to see if i could squezzzze 52K...lol! He said that their range are 46-50K and if car is in excellent shape they will do the high quote...you never know...lol!

V12Godspeed · 10-23-2008, 09:14 PM

Quote:

Originally Posted by Fikse

when I had the deal worked up on my CL65, I called for an insurance quote, they said they didn't have the CL65 listed, they wanted to go on the original msrp.... I didn't want to tell them $185k! so I said I wasn't sure....

she said, was it over $80k? yes
over $100k? yes
over $125k? um, maybe?

she said that was enough.....

I can't see a dealer offering more than $50k, but who knows, I was at $69k on the deal I was working on, and they wouldn't budge, not even to fix/repair bent wheels, maybe some dealers get too heavy into these cars....

When I called...they didn't even want to insure it under the regular policy, she said due to the price of the vehicle it required a "special" type of policy as the book value was so high. At that time I think over 100k...lol! They insured under their special policy.

TMC M5 · 10-23-2008, 10:58 PM

Quote:

Originally Posted by V12Godspeed

LOL....he is cheating on me with you...Ahah!!!

I am trying to figure this one out...can anyone explain it????

Tom

V12Godspeed · 10-24-2008, 12:24 AM

Quote:

Originally Posted by TMC M5

I am trying to figure this one out...can anyone explain it????

Tom

lol....inside joke tom, lol

sound 8 · 10-24-2008, 10:28 AM

Quote:

Originally Posted by V12Godspeed

You and your smart remarks...dude go get a life...I wont even answer or waste my breath on you...low life.

But you have..lol!

The pen is mightier than the sword.

TMC M5 · 10-24-2008, 10:42 AM

Quote:

Originally Posted by V12Godspeed

lol....inside joke tom, lol

So inside...I don't get it.

If you are trying to insinuate that someone else told me about your "adventure"...you should go back and check all your posts and text messages you sent me.... it doesn't take a rocket scientist to figure out what your "adventure" is...

Tom

sound 8 · 10-24-2008, 10:48 AM

Quote:

Originally Posted by Oxygen

I don't think that's Jody's problem dude...

Sorry don't know Jody!!!!!!! Dude

Vic55 · 10-24-2008, 01:48 PM

Jody out here on the west coast I cant find wholesalers who would take a CL65... the desire is just not there coupled with incredible plummeting values. It is arguably the worst trade in unit out here in SoCal and the OC.

Before I sold me car in Jan of 2008- I tried the trade in avenue (in a better economy Ill add) and there were no bites except at 60% of BB (88k KBB at the time). So I dumped it private party who knew how I took care of the car and got more. It was time well spent but did I get the real number I wanted, no.

I didnt care, it was worth the loss to get out of the car and get the 997TT. Cash is king but happiness rules all.

Here is the empirical data (heartbreaking for a seller) all 2005 CL65 units from Manheim sales:

10/02/08 MANHEIM Lease $49,000 16,480 Avg BLACK 12G A Yes
09/04/08 RIVRSIDE Regular $53,124 27,046 Above NONE NON N Yes
08/28/08 RIVRSIDE Lease $38,500 41,897 Below BLACK 12G A No
07/30/08 W PALM Lease $44,000 40,090 Avg BLACK 12G A Yes
07/07/08 CHICAGO Lease $46,000 42,070 Avg BLACK 12G A Yes
07/03/08 RIVRSIDE Lease $48,000 49,127 Avg BLACK 12G A Yes

slavik · 10-24-2008, 01:52 PM

10/02/08 MANHEIM Lease $49,000 16,480 Avg BLACK 12G A Yes that car was a beauty..... black on black...low miles....mint.... i remember saying to say myself...its a lot of car for the money....even was thinking of purchasing it for myself...

10-21-2008, 10:00 AM	#1
V12Godspeed MBWorld Fanatic! Join Date: Mar 2004 Location: Nowhere Land Posts: 2,754	How much? 2005 CL65 trade in Value The thought crossed my mind, what if I could get more money by trading this car in then by selling it..lol! Anybody out there experience this? I kow the auctions have been very poor witht he value of these cars...but maybe joe schmuck could give more... __________________ 05- CL65- "The Black Bison"

10-22-2008, 04:53 PM	#8
blazinginder MBWorld Fanatic! Join Date: Jun 2005 Posts: 2,160	^ probably true, but its the most money you'll get by selling the car then & there, not having to wait around for that right person to come buy the car __________________ Mayonnaise colored Benz, I push miracle whips http://myspace.com/villagebanking

10-22-2008, 09:57 PM	#11
V12Godspeed MBWorld Fanatic! Join Date: Mar 2004 Location: Nowhere Land Posts: 2,754	Well, I will only sell if it is convenient..lol! Not in a rush, but if the right offer comes thru she is definitely a goner. It's funny I called my friend today since he works for the dealer and asked to check the Gal's book value, after looking it up he said the value was not in the book....that could only mean one thing...The values are what ever the market is going for... __________________ 05- CL65- "The Black Bison"

10-24-2008, 01:48 PM	#27
Vic55 Super Moderator Join Date: Nov 2001 Location: THE Orange County, California Posts: 3,672	Jody out here on the west coast I cant find wholesalers who would take a CL65... the desire is just not there coupled with incredible plummeting values. It is arguably the worst trade in unit out here in SoCal and the OC. Before I sold me car in Jan of 2008- I tried the trade in avenue (in a better economy Ill add) and there were no bites except at 60% of BB (88k KBB at the time). So I dumped it private party who knew how I took care of the car and got more. It was time well spent but did I get the real number I wanted, no. I didnt care, it was worth the loss to get out of the car and get the 997TT. Cash is king but happiness rules all. Here is the empirical data (heartbreaking for a seller) all 2005 CL65 units from Manheim sales: 10/02/08 MANHEIM Lease $49,000 16,480 Avg BLACK 12G A Yes 09/04/08 RIVRSIDE Regular $53,124 27,046 Above NONE NON N Yes 08/28/08 RIVRSIDE Lease $38,500 41,897 Below BLACK 12G A No 07/30/08 W PALM Lease $44,000 40,090 Avg BLACK 12G A Yes 07/07/08 CHICAGO Lease $46,000 42,070 Avg BLACK 12G A Yes 07/03/08 RIVRSIDE Lease $48,000 49,127 Avg BLACK 12G A Yes __________________ A Shake N' Bake sig

10-24-2008, 01:52 PM	#28
slavik Member Join Date: Apr 2008 Location: NNJ Posts: 228	10/02/08 MANHEIM Lease $49,000 16,480 Avg BLACK 12G A Yes that car was a beauty..... black on black...low miles....mint.... i remember saying to say myself...its a lot of car for the money....even was thinking of purchasing it for myself... __________________ brilliant silver metallic/black nappa E55 Best QTR. Mile: ET: 12.38@114.8 MPH

10-21-2008, 11:03 PM	#4
moparrbust Member Join Date: Sep 2008 Location: Las Vegas Posts: 93	Take it to carmax and see what they'll give you...........that's what I did with my SRT-8 Charger. They offered me $2,000 more than the stealerships would offer and they don't require you to buy another car.

10-22-2008, 03:15 PM	#6
TMC M5 Super Member Join Date: Nov 2002 Location: Rockville, MD Posts: 860	The problem with "special" cars like this is that Carmax and any dealer will immediately look at the latest auction prices. If you know the auction prices, then you know what to expect as a trade-in value. You might want to be sitting when you hear the news... Tom

10-22-2008, 03:24 PM	#7
sleewell Senior Member Join Date: Sep 2008 Location: Costa Mesa, CA Posts: 292	in my experiences carmax doesn't offer anywhere close to what you could get if you did it privately. think about it, they have to turn around and sell that car and make a profit; in these times that is getting harder and harder. it takes a lot longer and you will deal with a lot of flakes and waste a lot of time but if you want to get the most from your car its the best option. but if convenience is your main concern carmax would be the best option

10-22-2008, 06:33 PM	#9
DFW01E55 MBWorld Fanatic! Join Date: Feb 2004 Posts: 1,656	I got 2k more from a dealer (yup, trade in) than I did from Carmax. Still, if I wanted to just walk away from the car, Carmax was a decent option. Quick and far less risky than taking 5 figures in a cashiers check from someone you don't know.

10-23-2008, 03:22 PM	#12
sound 8 Senior Member Join Date: Apr 2008 Location: U.K. Posts: 293	If you can't afford it, you shouldn't have it ...lol!

10-23-2008, 07:19 PM	#15
trumpet1 MBWorld Fanatic! Join Date: May 2007 Posts: 1,643	With the market as tough as it now, I would have to believe that a trade in would be your best bet because the stealerships probably have a lot of rebate money/trunk money available to help you get out of your car. They will have much more incentive to bargain with you right now, especially right now at the end of the month and I'm sure there are plenty of good deals right now trying to get rid of 2008 model (even 07 ) leftovers.

10-23-2008, 08:29 PM	#17
TMC M5 Super Member Join Date: Nov 2002 Location: Rockville, MD Posts: 860	Fikse: I agree I would be shocked to see a dealer go $50K for a trade-in given this economy. Tom