Are you in the market to buy (or sell) a Mercedes SLK in Johannesburg? Vehiclus analyzed the used auto market of all towns in South Africa to determine a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your SLK (or to be sure to not be overcharged when purchasing a Mercedes SLK) it is recommended to understand all value-determining factors.
Johannesburg is a city with a current population of 2026469 . Nevertheless, there are usually not many Mercedes SLK available on the market. Hence, the supply is little and the demand depends on various of parameters for example brand reputation, mileage, and used car pricing.
As illustrated in the figure below, cars of the make Mercedes and specially of the model SLK devaluate in a very usual manner. The mean value of the SLK will be lowered by 13% ($60,359) after only 1 year. After 3 years, the car usually costs only 64% of its original selling price ($41,660) while it will only be valued at 27% of the MSRP after 7 years ($18,437). The SLK's value after 12 years is only 12% of its first price depending on its condition of course.
One more way to analyze vehicle depreciation is to study the loss of value over kilometers driven. The Mercedes SLK depreciation curve below illustrates this phenomenon for Johannesburg. The SLK looses most of its resell price (ca 50%) within the first 20,000miles (30,000km) driven. The mean price for a SLK at that usage level is approximately $38,973. After that the depreciation plateaus: at 90k km the Mercedes SLK is sold for $20,964 in Johannesburg and for $10,158 at 180,000km .
The last factor that significantly impacts the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the deflation of a Mercedes SLK according to its year and its condition.
| Vehicle Year | Mercedes SLK Condition | ||
|---|---|---|---|
| fair | good | excellent | |
| 2017 | $58,310 | $63,376 | $68,442 |
| 2016 | $51,278 | $55,733 | $60,188 |
| 2015 | $44,745 | $48,632 | $52,519 |
| 2014 | $38,710 | $42,073 | $45,436 |
| 2013 | $33,174 | $36,056 | $38,938 |
| 2012 | $28,137 | $30,581 | $33,025 |
| 2011 | $23,598 | $25,648 | $27,698 |
| 2010 | $19,558 | $21,258 | $22,957 |
| 2009 | $16,017 | $17,409 | $18,800 |
| 2008 | $12,975 | $14,102 | $15,230 |
| 2007 | $10,432 | $11,338 | $12,244 |
| 2006 | $8,387 | $9,116 | $9,844 |
| 2005 | $6,841 | $7,435 | $8,030 |
| 2004 | $5,794 | $6,297 | $6,800 |
| 2003 | $5,245 | $5,701 | $6,156 |
| 2002 | $5,195 | $5,647 | $6,098 |
| Mercedes SLK variations: |
|---|
| SLK 55 AMG BVA7 |
| SLK 320 BVA |
| SLK 300 BVM6 |
| SLK 350 |
| SLK 280 BVA7 |
| SLK 350 BVM6 |
| SLK 200 K |
| SLK 350 BVA7 |
| SLK 200K BVM6 |
| SLK 320 |
| SLK 280 BVM6 |
| SLK 200 K BVA |
| SLK 32 AMG BVA |
| SLK 300 BVA7 |
| SLK 230 K |
| SLK 230 K BVA |
| SLK 200K BVA5 |