Ultra low mileage CLK55........

[E55BOF]

Would you hand over £26,000 for it?

Possibly if I wanted one.

I can't imagine wanting one that much, I'm afraid. But then again, I can't imagine handing over that much for a Ford Escort, but I gather people do.

 

[oldguy57]

I can't imagine wanting one that much, I'm afraid. But then again, I can't imagine handing over that much for a Ford Escort, but I gather people do.

Someone I know paid £60k for a Ford Escort, but then it was pocket money to him.

 

[Darrell]

Someone I know paid £60k for a Ford Escort, but then it was pocket money to him.

Did he buy it to use or as an investment?

 

[Darrell]

I can't imagine wanting one that much, I'm afraid. But then again, I can't imagine handing over that much for a Ford Escort, but I gather people do.

I think people see the prices of these crappy old Fords going through the roof and they simply jump on the bandwagon.

 

[Will]

I think people see the prices of these crappy old Fords going through the roof and they simply jump on the bandwagon.

No doubt some do, but I think it’s often the case that nostalgia kicks in and the demand outstrips supply.

Prices climb as a result.

Not everyone buys a car for financial gain, plenty of people just buy what they like and can afford at the time.

 

[Will]

I don't think it's an obsession to discuss the "value" of the car. It's a matter of opinion. Some collector will love it and put it in his/her collection and treasure it. Some will see it as way overpriced. Whatever, it's an interesting car and probably a one off. No doubt the buyer will enjoy it as he/she sees fit - good luck to them. (on the subject of depreciation the first owner of mine lost over £100k over 6000 miles)

Perhaps obsessed wasn’t the word I was looking for. I’m basically saying many people seem to be making the assumption that this car would only be worth buying if held all of its value or gained an extra £10k.

Not everyone looks at stuff in this way.

I was trying to illustrate the point that even if you bought it to use it relative to the depreciation that people seem to accept with newer cars it really isn’t bad value at all

 

[Darrell]

Not everyone buys a car for financial gain, plenty of people just buy what they like and can afford at the time.

I certainly don’t.

 

[E55BOF]

....plenty of people just buy what they like and can afford at the time.

That'll be me. I always lose money on them, too...

 

[Darrell]

I’m fortunate enough to be able to go out and buy pretty much what I want at any price, however, if I think an item that I want is overpriced I’ll walk away.

 

[poormansporsche]

If you look at it this way.

You get it for 22 Grand, use as AMG intended and put 20k on it and sell it after 2 years for say 15 Grand, thats only a 7 grand loss which is less than the original owner lost just driving it out of the showroom ?

Doesnt seem bad value to me

 

[Will]

If you look at it this way.

You get it for 22 Grand, use as AMG intended and put 20k on it and sell it after 2 years for say 15 Grand, thats only a 7 grand loss which is less than the original owner lost just driving it out of the showroom ?

Doesnt seem bad value to me

That’s exactly what I have been trying to say!

It seems as though quite a few people seem to see it only as a valid purchase subject to whether it will gain in value or are worried that they’ll be paying too much for it and they won’t get their money back?

If that’s the case, go and buy a £26k A-class and drive it for two years, then compare residual values

 

[poormansporsche]

There is only one fool in this scenario, the original owner who bought a AMG that deserves to be driven and didn't

Knob !

 

[oldguy57]

Did he buy it to use or as an investment?

Don't know - he has a large collection, probably worth millions. He's the type who doesn't sell stuff anyway.

 

[poormansporsche]

I've lost more than 7 grand in the last 2 years on the wife's Kia I know what I'd rather be driving ! (and truth be told she would probably prefer the clk as well)

 

[Darrell]

If you look at it this way.

You get it for 22 Grand, use as AMG intended and put 20k on it and sell it after 2 years for say 15 Grand, thats only a 7 grand loss which is less than the original owner lost just driving it out of the showroom ?

Doesnt seem bad value to me

When you put it that way it sounds good.
I wonder if the ultra low mileage is a good or a bad thing.

 

[Will]

There is only one fool in this scenario, the original owner who bought a AMG that deserves to be driven and didn't

Knob !

Although I agree, it’s all relative.

They might have several cars, or live overseas or something, or just like looking at it in their garage.

£ per mile it’s a lot of depreciation but then £30/40k spread over nearly two decades doesn’t seem that bad either.

I’m sure people who change their car every year or two lose far more!

We’re all different, it’s nice that there’s a few ultra low mileage timewarp examples of cars out there still.

 

[Will]

One of my neighbours has just bought an approved used BMW 1-Series. Just over a year old - 118i M sport - front wheel drive, 1499cc and twice as many miles as this CLK55 - for £23k.

It might do a few more mpg and has some newer tech (DAB/reverse cam etc) but I reckon I’d rather daily that ‘55

But as I say, we are all different!

 

[poormansporsche]

Although I agree, it’s all relative.

They might have several cars, or live overseas or something, or just like looking at it in their garage.

£ per mile it’s a lot of depreciation but then £30/40k spread over nearly two decades doesn’t seem that bad either.

I’m sure people who change their car every year or two lose far more!

We’re all different, it’s nice that there’s a few ultra low mileage timewarp examples of cars out there still.

As per usual you are dead correct. The knob comment was tongue in cheek The actual money lost is pretty irrelevant as it was over a such a long period and we do not know the owners circumstances. I have previously owned 5 190's and probably lost well over 10 grand on them faffing about - and my total mileage in all of them combined - probably less than 1000 miles !

 

[Sam87]

That's a very nice looking car!
I would happily pay £26k for a 2003 car but it would have to be an e46 M3 coupe
I wish i could find an e46 M3 with 5k on the clock for £26k

 

[Deleted member 126251]

What is "Ultra Low" mileage vs "Low Mileage"?