Used Diesels Holding their Value Well!
Automotive News published an article in July that says E320 CDI's are bringing significantly more than their gas counterparts.
"Buyers are bidding up prices of used vehicles with fuel-saving diesel engines, industry analysts say. A diesel engine added about $1,000 to the roughly $50,000 sticker price of a new 2005 Mercedes E320 CDI sedan. Two years later, that option fetches $2,500 more at wholesale auctions than the gasoline-powered engine on the same model, the Black Book used-vehicle price guide reports."
I have the full article available if you would like to read it. The demand for pre-owned diesels is also very strong. I have quite a few clients waiting for the right one to be traded in!
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