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Well now, in Scandinavia you’d likely have more not getting on with a car that was right-hand driveDo you think that the reason for the car having quite a few owners is because they don’t get on with the car being left-hand drive?
Sorry I didn’t see that this was freshly imported into the U.K.Well now, in Scandinavia you’d likely have more not getting on with a car that was right-hand drive
I think the car in question is in Germany and a Scandinavian member is buying it to use in his native country.Sorry I didn’t see that this was freshly imported into the U.K.
On my 2011 E350, it feels something like I'm going to rip the windscreen out before the rear view mirror starts to move.Quick follow up question. The rear view mirror inside the car, is that manually adjustable or electric? I did not dare to adjust it manually as it felt very solid in case it was electric powered. I have memory seats if that affects anything.
Thanks everyone!
I will be purchasing a 1L of oil in the upcoming days. Did not have enough time to enjoy the car yet, hopefully this weekend or next one. Found some good countryside roads close by to try manual mode. So far I am very happy and I love the gurgle and start ups
The car passed 60,000 km last night. Do you think I should send the car in to the shop for a check the pulleys, belt, condition of the radiator (I read they have plastic ends) and hoses? Or are these checked under Service A or B?
Thank you for the very thorough and thoughtful answer. Seems eminently sensible. I also was intrigued by your investment advice. At the moment we are doing pensions and annual ISAs. So we should not do the pension?My guess is the bulk of price rises are due to a lot of lucky people having massive holiday, fuel and going out cash going spare over the past 18 months and it's burning a hole in their pocket.
Whilst a lot of sub 10 year old cars have done very well, with values approaching a doubling in some cases, it would be a brave person who could predict which tiny minority of those cars will continue to appreciate above the current peak (also exacerbated by chip shortages etc), and then keep ahead of inflation over the medium to long term.
So on the balance of probability, I'd say your daughter is being sentimental and it's is unlikely the C63 will continue to power up in price, at least, not for the foreseeable future.
If this is looking for a sensible financial approach, I'd recommend selling at this peak. There is already talk of the prices starting to soften in the US. Take the cash, but an out-of-favour 15+ year old car for sub £2k if you still need transport (as these have hardly been hit by the price rises because people who are saving £15k on their annual holidays are looking at C63 cars and not sub £2k older cars), and take the rest and invest it.
Pension if you're a higher rate tax payer. Lifetime ISA if not (as this ultimately translates to something like 40% tax relief: 20% in and 20% out).
Or investment property if that's your thing.
Who knows how much further prices will go up. I'd imagine yours has the potential to rise further given it's low mileage. But... will it rise enough to cover the annual storage, insurance, maintenance costs? Seems like a good time to cash in tbh. As you say, too many of these for it to become super rare in the foreseeable future.My guess is the bulk of price rises are due to a lot of lucky people having massive holiday, fuel and going out cash going spare over the past 18 months and it's burning a hole in their pocket.
Whilst a lot of sub 10 year old cars have done very well, with values approaching a doubling in some cases, it would be a brave person who could predict which tiny minority of those cars will continue to appreciate above the current peak (also exacerbated by chip shortages etc), and then keep ahead of inflation over the medium to long term.
So on the balance of probability, I'd say your daughter is being sentimental and it's is unlikely the C63 will continue to power up in price, at least, not for the foreseeable future.
If this is looking for a sensible financial approach, I'd recommend selling at this peak. There is already talk of the prices starting to soften in the US. Take the cash, but an out-of-favour 15+ year old car for sub £2k if you still need transport (as these have hardly been hit by the price rises because people who are saving £15k on their annual holidays are looking at C63 cars and not sub £2k older cars), and take the rest and invest it.
Pension if you're a higher rate tax payer. Lifetime ISA if not (as this ultimately translates to something like 40% tax relief: 20% in and 20% out).
Or investment property if that's your thing.
Love this. Not suggesting or requesting. INSISTINGbut my (adult) daughter, who is a car buff, is insisting we keep the old car
Unfortunately for her, she is forceful but doesn't have the financial means to back it up..but she is very fond of the car.Love this. Not suggesting or requesting. INSISTING
Sounds like you might have a battle if you want to sell!
I have just seen she has done a three-part story on her instagram mourning the car and zooming in on the 6.3 badge. I fear I taught her too much!Love this. Not suggesting or requesting. INSISTING
Sounds like you might have a battle if you want to sell!
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