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Old Jun 4, 2007 | 11:00 PM
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FP
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Joined: Aug 2006
Posts: 13,396
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From: Crystal Lake, IL
Default Re: Price Rollercoaster

Originally Posted by ben47
I used the 2004 Crossfire for comparison with a 2004 SLK 320 since that was the last year the SLK 320
was built.

The Crossfire has dropped in value more than the SLK 320. Using MSRP and current KBB trade-in values,
here are some figures I came up with...

2004 SLK 320 (auto w/49k miles and in good condition)
New: $45,000
Current trade-in value: $24,415
Loss: $20,585 = 45.75%

2004 Crossfire (auto w/49k miles and in good condition)
New: $36,000
Current trade-in value: $15,085
Loss: $20,915 = 58.25%

Note: the figures change for private party and retail values, location and mileage.
Yes, but I would like to know what the depreciation has been for both cars in the last 12 months. Most of the depreciation on the XF was prior to 2006.
 
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