Last post on Nov 10, 2009 at 6:48 PM
You are in the Mercedes-Benz C-Class
What is this discussion about?
Mercedes-Benz C-Class, Car Safety, Sedan
Join other C-Class enthusiasts in Edmunds.com Mercedes-Benz C-Class Owners Club!
#6184 of 7297 mbnut1
Dec 22, 2002 (11:11 pm)
Well, what did the 2001 C 240 Auto sell for in the fall of 2000 or early 2001? I would think around $32K US or so, right?
So at a retail price of $25.5 K, that's a loss of a bit less than 1/4 of the car's value over a two year, 24,000 mile period. That's pretty damned low depreciation in my book. Most cars would lose a fair whack more than that, as a percentage, at least.
I'd say with residual values like that it makes far more sense to buy a new one.
If you already have a 2001 and are looking to unload it, well, bad luck. But you'd be doing a lot worse with many other types of car. For example, an S 600 would probably have lost $25K+ of its value in the same period... If you're looking at this from the seller's point of view, why would you want to unload a 2 year old car, other than possibly having masochistic tendencies? Of course you'll get hosed.
I keep my cars for at least 10-15 years, so residual value is not a biggie with me.
Happy Christmas to all!
2002 Mercedes-Benz C 230 K
1966 Peugeot 404 Coupé Injection
1989 Peugeot 405 SRI
Dec 23, 2002 (5:55 am)
So based on your post I should expect to be able to buy a 2001 C320 with sunroof (MSRP $39K) with 24K miles from a private owner for $27K. Cool.
#6186 of 7297 mbnut1
Dec 23, 2002 (7:57 am)
I've no idea what it'd be worth....I was just working with the figures that you provided for a 2001 C 240, and making an attempt to analyse that information without verifying it.
If you want to see real depreciation, check out a Peugeot 607 V6 in the U.K. After three years, it would be worth about only about 29% of its original value. Ouch.
Dec 23, 2002 (10:16 am)
I pulled the numbers from Edmunds Used Vehicle Appraiser, same as the first example. Which was the point of my first post, that being are these numbers any good? Based on your response I would assume that they are.
Dec 23, 2002 (3:49 pm)
Plus or minus a couple of percentage points.
My usual rule of thumb on MB sedans is something like this: First year depreciation is dealer markup plus holdback plus about 7-10%, or in this case a total of about 17-20% in the first year; second and third years about 10% each; fourth year on about 5%-8% per year.
This is rough, but for a two year-old car, figure somewhere in the neighborhood or 27-30%. Varies a lot by market, which is where Edmunds' numbers can often be too high or too low.
Check KBB and NADA as well as Edmunds, average the three, and see what you get. Real close to that 30% figure would be my guess...
#6189 of 7297 Smartkey memory question
Dec 29, 2002 (8:07 pm)
Picked up a 2003 C320 just seven days ago and have a question for the board.....
I am having trouble getting the smartkey and memory seats to work properly (at least what seems like it would be intuitively proper). My wife and I have seemed to successfully program our keys and seat to the right memory locations, but when I get in (after she drives it), the seat just doesn't seem to go my memory spot, specifically the seat distance from the pedals. But, if I push my memory button on the door it works. My wife's key however, seems to work fine. Also, the seat and steering wheel move out of the way for her but not for me (just the steering wheel moves for me). I checked the menus and it is set the same for both keys (it is set to move the column+seat for both of us). In looking back on this message board it seems as if there were some problems a while back but not much talk of it lately.
Is anyone having this problem with '03 model cars? Am I just missing something in my interpretation of the manual? I thought I took the time to do it step-by-step, but it doesn't seem to work just right?
P.S. When she puts her key in the ignition, the seat and wheel start to move toward her memory position, but for me they start to move only after I start the engine.
#6190 of 7297 Something to try
Dec 30, 2002 (6:48 am)
You may want to switch keys with your wife and reprogram them to see if it is the key.
#6191 of 7297 There have been historic problems with the keys...
Dec 30, 2002 (6:51 am)
...you may want to visit the dealer on this one. There have been multiple complaints about memory seats and the keys not working together. I think there is a solution out there, and the dealer should be aware. Having a C240 with semi-manual seats, this is not an issue for me personally, but the problem has come up multiple times in MB-oriented forums.
#6192 of 7297 Multi contour driver seat
Dec 30, 2002 (6:08 pm)
Can anybody tell the difference between the standard MB seat and multi contour? I am particularly interested on this feature since I need longer and taller thigh support. Please give your comments. Tanks.
#6193 of 7297 multi contour seats
Dec 31, 2002 (11:00 am)
Wish I had added it to my car at purchase. Lumbar support is not adjustable in my seats and long trips bother my back. German seats are not known for comfort. The multi contour seat:
"Features side bolsters, thigh supports and dual lumbar supports that adjust pneumatically for optimal comfort." Most people don't think the option is worth it but if you are fussy about how your seat feels it will probably be worth it.