Are you in the market to buy (or sell) a Mercedes SL in Shanghai? Vehiclus analyzed the local used auto market of all metropolitan areas in China to establish a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your SL (or to be certain to not overpay when buying a Mercedes SL) it is of value to understand all value-determining factors.
Shanghai is a city with a current population of 22315474 inhabitants. Nevertheless, it is hard to find more than five Mercedes SL on the used car market at the same time. Hence, the supply is small and the demand depends on a multitude of parameters for example season, brand popularity, and brand competetivness.
As described in the figure below, cars of the make Mercedes and specially of the model SL devaluate in a very average manner. The mean value of the SL will be lowered by up to 13% ($56,856) after only 1 year. After 3 years, the car usually costs only 62% of its initial selling price ($42,668) while it will only be priced at 27% of the original price after 7 years ($17,190). The SL's value after twelve years is only 13% of its first price depending on its condition of course.
Another way to describe vehicle depreciation is to study the loss of value vs miles driven. The Mercedes SL depreciation curve below shows this phenomenon for the city of Shanghai. The SL looses most of its value (approximately 46%) within the first 30k kilometers driven. The mean price for a SL at that mileage is ca $36,554. After that the depreciation slows down: at 90k kilometers the Mercedes SL is priced for $23,022 in Shanghai and for $9,331 at 180,000km .
The last value that significantly effects the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the deflation of a Mercedes SL according to its year and its condition.
Vehicle Year | Mercedes SL Condition | ||
---|---|---|---|
fair | good | excellent | |
2017 | $61,419 | $63,195 | $64,971 |
2016 | $54,012 | $55,574 | $57,136 |
2015 | $47,130 | $48,493 | $49,856 |
2014 | $40,774 | $41,953 | $43,132 |
2013 | $34,942 | $35,953 | $36,963 |
2012 | $29,637 | $30,494 | $31,351 |
2011 | $24,856 | $25,575 | $26,294 |
2010 | $20,601 | $21,197 | $21,793 |
2009 | $16,871 | $17,359 | $17,847 |
2008 | $13,667 | $14,062 | $14,457 |
2007 | $10,988 | $11,306 | $11,623 |
2006 | $8,834 | $9,089 | $9,345 |
2005 | $7,206 | $7,414 | $7,622 |
2004 | $6,102 | $6,279 | $6,455 |
2003 | $5,525 | $5,684 | $5,844 |
2002 | $5,472 | $5,630 | $5,789 |
Mercedes SL variations: |
---|
SL 65 AMG BVA |
SL 63 AMG |
SL 350 |
SL 500 BVA7 |
SL 350 BVA7 |
SL 350 BOITE SEQUENTRONIC |
SL 65 AMG BVA5 |
SL 55 AMG BVA5 |
SL 350 BVA |
SL 350 BVA5 |
SL 55 AMG BVA |
SL 600 BVA5 |
SL 500 |
SL 500 BVA |
SL 600 |
SL 600 BVA |
SL 280 |
SL 65 AMG |