Are you currently in the market to buy (or sell) a Mercedes CL in Singapore? Vehiclus analyzed the local used auto market of all towns in Singapore to determine a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your CL (or to be certain to not be ripped off when buying a Mercedes CL) it is highly recommended to know most value-determining factors.
Singapore is a metropolitan area with a current population of 3547809 . Nevertheless, there are not many Mercedes CL for sale on the market. That's why the supply is small and the demand depends on a multitude of factors such as season, brand popularity, and reliability.
As described in the figure below, cars of the make Mercedes and especially of the model CL devaluate in a very usual process. The average price of the CL will be lowered by 13% ($42,858) after only 1 year. After 3 years, the car usually costs only 61% of its initial selling price ($30,686) while it will only be priced at 32% of the original price after 7 years ($13,628). The CL's value after twelve years is only 10% of its initial price depending on its condition of course.
One more way to quantify vehicle depreciation is to look at the decrease of value vs miles driven. The Mercedes CL depreciation curve below describes this phenomenon for the city of Singapore. The CL looses most of its resell price (ca 46%) within the first 30,000km of its mileage. The typical price for a CL at that mileage is ca $27,466. After that the devaluation plateaus: at 90k km the Mercedes CL is valued for $15,790 in Singapore and for $7,669 at 180,000km .
The last parameter that heavily influences the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Mercedes CL according to its year and its condition.
| Vehicle Year | Mercedes CL Condition | ||
|---|---|---|---|
| fair | good | excellent | |
| 2017 | $39,142 | $44,202 | $49,261 |
| 2016 | $34,422 | $38,871 | $43,320 |
| 2015 | $30,036 | $33,918 | $37,801 |
| 2014 | $25,985 | $29,344 | $32,703 |
| 2013 | $22,269 | $25,147 | $28,026 |
| 2012 | $18,887 | $21,329 | $23,770 |
| 2011 | $15,841 | $17,888 | $19,936 |
| 2010 | $13,129 | $14,826 | $16,523 |
| 2009 | $10,752 | $12,142 | $13,532 |
| 2008 | $8,710 | $9,836 | $10,962 |
| 2007 | $7,002 | $7,908 | $8,813 |
| 2006 | $5,630 | $6,358 | $7,085 |
| 2005 | $4,592 | $5,186 | $5,779 |
| 2004 | $3,889 | $4,392 | $4,894 |
| 2003 | $3,521 | $3,976 | $4,431 |
| 2002 | $3,487 | $3,938 | $4,389 |
| Mercedes CL variations: |
|---|
| CL 500 4MATIC |
| CL 600 BVA5 |
| CL 55 AMG BVA |
| CL 63 AMG BVA7 |
| CL 65 AMG |
| CL 63 AMG |
| CL 600 BVA |
| CL 600 |
| CL 65 AMG BVA |
| CL 500 ZAS BVA |
| CL 500 |
| CL 500 BVA7 |
| CL 500 BVA |