Resale Value of a Low Mileage Mercedes

What should be the approximate resale value of a 2006 C230 (purchase price $29,000)with 5000 miles at year 5?

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Nobody can give you that answer. Used cars' depreciation governs their values; their actual mileage vs. "normal" mileage for their age (about 11K / year) is an adjustment to the depreciated value - about $.12/mile, less as the car ages.
If you're lucky and the market is reasonable 50% x $29,000 = $14,500 plus up to $6,000 for very very low mileage - but only for the buyer who wants a 5 year old car with only 5,000 miles use.
Suggest you drive it or sell it.
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On 2005-10-02 19:27:16 -0700, snipped-for-privacy@yahoo.com said:

Crystal ball says zero.
Look out for that bridge abutment!
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I wouldn't buy it. Not *enough* miles on it. Generally, cars are for driving. And I'm no collector. Maybe Jay Len-o would like it?
Collin KC8TKA
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snipped-for-privacy@yahoo.com wrote:

Figure (trade-in) value drops to ((.8 x cost) / year). Resale value very dependent on history, records and your sales ability.
Jan
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