C63/C63s second hand values WBAC/motorway

[tylerdurden]

Question:

Been looking at w205 prices on auto trader esp C63S. Looked at WBAC/Motorway pricing and they are low. The for sale cars on auto trader are way higher. Differential over 10k (some circa 15k). Is this normal? Seems a large margin? Or is it that V8’s are holding more than they should?

 

[sgregory124]

The prices on AT are strong alright. I've seen good examples with circa 15k on the clock going for more than I paid for mine back in Summer 2020 (same mileage on mine when I bought it) - i'd like to think V8's are holding up myself, but that might be wishful thinking.

 

[Neiltodd]

Also a lot for sale so although prices are high they don't seem to selling, maybe overpriced?

 

[Bobby Dazzler]

Question:

Been looking at w205 prices on auto trader esp C63S. Looked at WBAC/Motorway pricing and they are low. The for sale cars on auto trader are way higher. Differential over 10k (some circa 15k). Is this normal? Seems a large margin? Or is it that V8’s are holding more than they should?

The difference is partly a reflection of the margin that WBAC/Motorway want to achieve, and partly a reflection of what they believe the realisable value will be if they buy it.

The cars which are already for sale are priced based upon what the Vendor previously paid for them, and therefore what they must recover, and that could be right at the peak in values.

The car sales equivalent of what people moan about in petrol, diesel, gas and electricity prices - consumer prices take a while to fall because the seller bought when the market was stronger.

 

[tylerdurden]

Great insight. Thanks. I know folk who sold via motorway for considerably more than the original asking price. Maybe cars now are selling at the reserve or little over

 

[E55BOF]

A lot of sellers haven't read the writing on the wall yet...

 

[zainster]

Sold my mint W205 C63S Coupe, a 2017 car in Magna Grey, HUD, FMBSH, 21k miles and 2 owner car for £41k back in May 2020 to the trade. Fast forward to today and people are still asking for much more then that?!

Many cars on AT have been on sale for months and months. See the attached - advert was added to AT on 27 September 2022 (You can see this date in the URL where I have highlighted it) and you can (if its trade), use DVLA Vehicle Query to find out when the tax ran out/last time V5 was updated.

 

[tylerdurden]

What prompted this was a look at WBAC pricings. Lots of w205 c63s are over 50k on AT but WBAC offering like 36k for the car. Niche cars so maybe waiting for the few buyers will fork out

 

[zainster]

I've noticed this too as I tend to do the WBAC and CAP price check just to see what I would potentially look to lose if I had to sell the car the next day. There is a notable difference right now between the asking price and CAP/WBAC across most models I tend to look at. I would expect around £6k price point difference between retail and CAP but its double that in most cases.

 

[rOckyAMG]

I follow auctions quiet a lot and W205's are selling way over cap at the moment as the demand is there.

I saw a good one go earlier for around 7.5k over cap.

 

[Spider10]

WBAC and MOTORWAY etc jusy value it as a car doesn't matter if it has no options or full spec price is the same you would be hard pushed to buy any vehical at there pricing

 

[chic0821]

The for sale cars on auto trader are way higher

You can put in any price you want, but you may still have it this time next year

 

[Boxer70]

I’ve been watching 205 C63 prices for months on AT and agree they seem inflated. Some cars sit on there for months and some disappear only to reappear at another dealership. However, I suppose if that’s the price the market depicts then who are we to say different

 

[Boxer70]

on another note prices do seem to be slowly dropping. A few cars I’ve seen 2-3 months ago were low 40k’s but now plenty fell into the high 30k’s. Makes me wonder if I should wait another month or two and see what happens

 

[E55BOF]

Makes me wonder if I should wait another month or two and see what happens

I would; current asking prices mostly reflect hope, not reality. Prices are normally at their lowest in January/February, but with the current economic situation, they may drop further and stay low longer than that this year.

On the other hand, if exactly the car you want comes up, and it will be a keeper, well, you can only buy what's on sale when you're looking...

 

[Boxer70]

I would; current asking prices mostly reflect hope, not reality. Prices are normally at their lowest in January/February, but with the current economic situation, they may drop further and stay low longer than that this year.

On the other hand, if exactly the car you want comes up, and it will be a keeper, well, you can only buy what's on sale when you're looking...

Yeah completely agree. I’m not rushing unless the car I really want comes up

 

[Spider10]

Well I got offered £29k for mine from someone on here id love to know what planet he was on

 

[Boxer70]

Well I got offered £29k for mine from someone on here id love to know what planet he was on

I will give you 30k

 

[Spider10]

And motorway will give me £33k exactly the same as the mileage

 

[Engadine]

There is a strange market situation with cars owned by people who don’t need to sell them, to people who don’t need to buy them. (Not sure if these fall into that, but anyway). If you want to sell your car, you have to accept a selling price of x. But if you want to buy the same car, you need to pay x + 20% or more.

Gross price, not taking about margins.

Sellers won’t sell below one price, buyers won’t buy above another. You see it a lot with Ferraris of a certain era.

It means really nice cars get taken off the market, so it’s hard to work out what the market price really is.