Vehicles with the worst depreciation values

your import duties and taxes are ridiculous which is why your cars are so expensive. Also, my understanding is that unless its a 67-68 or older... it is more difficult to convert the cars for legal road use there...

 

Range rover sports are actually not that bad but the big RRs certainly take a hit...i have an 2008 RRS SC which i paid 68k for (brand new sticker was 73k) in August 07, 3 years later and 17k miles i was offered 48. thats not that bad in my book...20k for 3 years.

I worry about 599s at current prices, especially considering how bad the 550s have been hit lately

 

I think the Mercedes S65 and CL65 AMG could take the price.

I saw a CL65 on the market in the Netherlands the other day, just over 2 years old with ~15000 kms on it, 350K euro incl taxes and a couple of options new, now on the market voor 125K Euro.

If you include fuel and servicing, tires etc..well over 20 Euros per kilometer. That's a pretty expensive way to travel!

 

wow.

thats why all of my fun cars are pre 1989

 

but some of those 550s are 12 years old now... its really not all that bad... plus look at there retail price in 98... it wasn't all that much...

 

Is 2005 cl65 any good? I mean, 600 plus HP and crazy torque, not bad traditional styling now for UNDER $40k? Or is the car an insane money pit maintenance wise?

 

a Prevost.

 

This is a Ferrari Chat thread on Worst Depreciation Values and no one has said "612"?

 

I owned an SL65 and didn't have any issues outside of a dead battery once. One of my favorite engines of all time. The torque will spoil you.

 

Just thought of a big one. Bentley Arnage. Crazy what you can get those for now.

 

I'd say you did very well!

 

at least one got exchanged in the Cash for Clunkers program!

 

Can't find it now but saw an 04 Maybach 62 MSRP of around 400k selling for around 110k only 6 years later... Pretty steep IMHO

 

Since it hasn't been mentioned, Phaeton.

 

HELL yes! A family member picked up an '05 Phaeton with 23,000 miles in 2008 for $24,995 CPO from Volkswagen.

It's a phenomenal car for what it is.

 

Once those overly electronic high priced cars come off warranty, the cost of upkeep and repairs kills their value.

 

basically a $25k Bentley Continental Flying Spur!

 

Well his is a 4.2... apparently the Chicago dealer where he got it (Mike Haggerty?) refused to sell extended warranties on the W12 model.

 

04 S55, new 135k$ 4 years later 23k....OUCH! I did put over 100k miles on it though.

 

They still ask high prices on the W12 models. Ask, of course.

CL55/65 has to be a contender. SLs drop like rocks too.

 

It's not just that. Luxury cars, especially luxury cars that aren't rare sports cars, are symbols of conspicuous consumption when new. But if they aren't new, you can't look like you spent a lot of money as the car is obviously not this year's model. Since peopel willing to fork out $100k plus ofr a luxury car want peopel to KNOW they shelled out that much, they won't BUY one that is't new, so the value tends to head back down to what is more fitting of it's acutal abilities as a car.

Horrible for the original ownerswho tend to prove the point by usually not keeping the cars for more thna 2-3 years (about the time that facelifted or replacement models come out), but great for those of us who like the styling and dynamics of that vehicle, but don't think you need to pay the luxury tax to get it, and dont' really care if it's a status symbol or not.

Which is why I have an E38 7 series BMW. I lov ethe car's style, comfort, amenities, and driving dynamics, but think it was stupid to buy it at $75k when it was going to be worth half that in a mere 2 years time. I actually paid $7500 for it when it was only 8 years old.

 

Aston Martin V8 Vantage has done remarkably well for an Aston.
Thought I'd be seeing these for 30K by now.
No such "luck".

 

Just read this and you'll understand what has been going on with these cars:

http://www.400gt.com/misc/german/german_cars.htm

They're probably better now...cuz they couldn't get much worse

 

Getting close.

11/05/09 RIVRSIDE Regular $63,500 8,720 Avg SILVER 8G M Yes
11/19/09 RIVRSIDE Regular $64,500 8,563 Above White 8G A Yes
11/19/09 RIVRSIDE Lease $56,000 24,634 Avg BLACK 8G 6 Yes
01/14/10 RIVRSIDE Regular $40,000 44,002 Below BLACK 8G M Yes
02/11/10 RIVRSIDE Lease $56,500 27,407 Avg BLACK 8G 6 Yes
02/11/10 RIVRSIDE Lease $54,500 17,764 Avg GREEN 8G 6 Yes

 

I had the extended warranty on my W12 Phaeton. Wher eVW really dropped the ball on the Pheaton was how to service a customer who buys a 130k$ car. The car was great. The dealer support sucked.