Price?Sounds a very good example indeed…..hope you don’t mind me linking to an older thread.
E55K - any interest? | Mercedes Cars for Sale
Thinking of selling mine. Nov 2005, 90,500 miles, FSH. Obsidian black with all the extras, other than rear blinds and solar cooling. OEM wheels / pulley / ride height. Has Pano, heated folding rear seats, dynamic fronts, Pano, COMAND/HK, adaptive headlights, etc. Owned for 12 years - have now...forums.mbclub.co.uk
Interesting thoughts, but depreciation is usually the biggest cost of motoring. In this relatively extreme example mileage wise I don’t think there’s a lot on it even compared to the fuel costs on a 5.4 supercharged V8.
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" Never understood it....Ah, I see. Didn't realise you meant your one.
I'm less curious now as it is a saloon and I needed the Estate. I'm more than happy with my new steed and I think it will be with me for many many years. Just been to Brighton and back for work. Even horrible traffic back with a 3 hour return journey it was a joy and a pleasure to be in.
I'm surprised nobody has enquired or is looking at yours though as seems a great example there.
Advertised prices,
Hard to say for sure but these are my sold prices. Eg, there is c55 on ebay, been on there for about 4 months at £10k, with some cobblers about that's the absolute minimum, but it's done well over 150k miles, and people start to get nervous at those miles. I've just had a quick look and it's down to 9k, he'll probably take 7k to finally sell, 8k if he's lucky...
So, is that prices that you've sold for?
Those values were for the OP's benefit - they're not reliable, but pretty realistic imho. They're what I've seen as the 'no offers thanks, it's a firm 10k or walk away' price goes down a couple of grand before the the autotrader/ebay ad ends (and some of those might decide not to sell as you say!) The C55 estate on ebay has been there months. It was over 10k, then 10k, and now 9k, it'll be 8k next then probably sell for a bit less as the mileage is just too high... Unless he gets lucky and a bloke with a 9k budget looking for an amg in the local area happens to materialise; then he's quids in.
Interesting thoughts, but depreciation is usually the biggest cost of motoring. In this relatively extreme example mileage wise I don’t think there’s a lot on it even compared to the fuel costs on a 5.4 supercharged V8.
230k miles @ 20mpg is 11.5k gallons, 52325 litres. Say at £1.30 a litre average would be around £68k. I think that’s about 30p/mile? These are just guesstimates on cost/mpg but I should think you get the idea.
I bought a low mileage E-class AMG (albeit a 212) that had cost the previous owner a similar amount in depreciation alone. IIRC £61k in 11k miles, think it worked out over £5/mile!
Again servicing/repair costs can be expensive but that E-class has effectively depreciated next to nothing in the last 100k miles. Free motoring once you remove the maintenance costs and of course all cars would need stuff like brakes/tyres/service items and often other stuff over that period.
It’s a good example of bucking the trend. Whilst people have been spending £40/50/60K+ on newer boring cars that are supposedly cheaper too run (better mpg and lower road tax etc) someone’s been rolling round in a 5.4 V8.
People lose £5k a year in depreciation or happily spend £500/600/700 a month in lease/finance payments but worry about £150 to fill the tank or a £1500 garage bill. Madness!
Agree with absolutely everything said, especially depreciation as the biggest bill for most but somehow forgotten. Love the E55 and the Landy! Great buys.Will has put it very well here. My thought was that even if the E55 disappeared tomorrow morning I will have 'lost' less than the Defender this year.
Just for anyone reading this thinking that buying a high mileage 'cheap' E55 is a great idea, a dose of reality! I would not recommend this to anyone who doesn't like carrying out repairs themselves. This was at a lower budget for a reason! In my opinion the examples at twice the price actually represent better value for money provided they're well sorted.
The dash says no malfunctions however I thought it would be interesting to plug in the scanner:
A good result overall, I was expecting more. Mechanically I got a better look today in the garage and can see the following will need attention, front left brake pipe, front left arch liner, supercharger pulley missing end cap. As you can see, some potentially big bills coming for someone at a garage!
- Front right parking sensor
- Oil cooler fan relay fauly
- Drivers headrest motor
- Low voltage that did clear
I also noticed it has lowering links and pipercross filters which I'm not sure will stay. Overall very happy with it and gives me plenty to get stuck into!
Some pictures:
No malfunctions for now!
I noticed a small bit of water in the boot which turned out to be a bad seal around the tray, stripped all down and resealed which will hopefully solve that.
Thanks for all the comments & interest!
^ +1 I Agree. but 164k miles and £12k asking price!
Find another one, though.
