50 Cars That are Plummeting in Value

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#9 – Mercedes CL-Class

Class: Entry-Level Luxury Car
Production: 2008-2011
Starting Price: $91,957+
Depreciation Rate: 19.2%

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The Mercedes-Benz CL series is one of the top-rated luxury cars with the CL-Class produced between 2008 and 2011 as a sport coupe based on the Mercedes-Benz W203 platform. Undergoing a series of upgrades and a complete facelift, the CL-Class featured a new steering system and a revised suspension with similar interior features as the first generation Sport Coupe. Priced around $91,000, the CL-Class was a hard sell, which is why Daimler AG halted production in 2011.

Despite its powerful engine and long list of luxury features, the rather high price tag put the CL-Class near the top of the luxury market with a depreciation rate of 19.2%. With the average price around $91,957, a CL-Class model would lose approximately $17,000 in value after the first year bringing its bottom line value to $74,301, which still isn’t bad for the luxury market! Today, there are dozens of CL 500 models in the pre-owned market with low mileage options going for around $25,000, which is the price of many new sedans. Of course, a Mercedes-Benz priced under $50,000 is considered a steal for some!