View Full Version : Marauder Value?
PAPAJOHN
11-20-2010, 06:11 AM
Is the Supply/Demand rule starting to effect the value of the Marauder? In tracking the Blue book and NADA values over time, they have been fairly consistant with monthly decreases , as most autos do.
But when I look at the available inventory, the asking price is much higher then the book values. For example, a stock 2004 with 60,000 miles has a retail value in excellant condition, at a little over $15,000, but asking prices are $18,000 - $ 19,500, even those with more miles.
I was considering selling, but now I wonder if I am better off holding it as an appreciating investment.
tbone
11-20-2010, 06:48 AM
I think it's just the dealers that are asking way over. They take it in for 12, ask 18, come down 3, (customer thinks they pulled one over on the dealer), dealer still makes 3k plus financing, gap, appearance protection, etc. etc. ad nauseum.
The cars will bottom out and go up in value according to NADA and others at some point, but not yet, imho.
Hard to say. People who really like their Marauders would probably not sell for cheap. For 15 grand I would be tempted to sell, but only for a second or two. The city taxes me on what they feel it's worth. To them, it is worth 7,600 bucks. Joke's on them.
Peter
11-20-2010, 07:18 AM
Low mileage Marauder:
http://cgi.ebay.com/ebaymotors/MERCURY-MARAUDER-ONE-OWNER-LOWEST-MILES-COUNTRY-/110605160343?pt=US_Cars_Trucks&hash=item19c094cf97
Bluerauder
11-20-2010, 07:19 AM
The city taxes me on what they feel it's worth. To them, it is worth 7,600 bucks. Joke's on them.
Mine was assessed at $8,425 for FY10 Personal Property tax.
Attrition estimates indicate that we are down to just about 60% of the MMs remaining. Demand will certainly increase as they become more rare. Could be that we will start to see the "knee" of the value curve within the next 2 years. Only time will tell.
a_d_a_m
11-20-2010, 07:44 AM
Could be that we will start to see the "knee" of the value curve within the next 2 years. Only time will tell. I think you're spot-on in this guess.
What blows my mind is that the '94-6 Impala SS has been able to retain its value so well over the years. I don't really remember a big drop in value like the Marauder has been subject to. That's not to say we won't rebound from it, but I think the Impala will always sell higher than the Marauder... :(
Bluerauder
11-20-2010, 07:57 AM
What blows my mind is that the '94-6 Impala SS has been able to retain its value so well over the years.
I think that a large part of this is due to the name recognition of the "Impala" and the "SS" (Super Sport) designation. Nearly EVERYONE knows what an Impala SS is.
I don't think that the "Marauder" ever enjoyed that kind of name recognition. Not in the 60s, the early 70s, or in the 2003-2004 period. It was a specialty car. Growing up in the 50s and 60s, Mercury was a rare brand in my neighborhood. Never heard of a Marauder. :o Saw plenty Impalas though. :D
SC Cheesehead
11-20-2010, 04:04 PM
Low mileage Marauder:
http://cgi.ebay.com/ebaymotors/MERCURY-MARAUDER-ONE-OWNER-LOWEST-MILES-COUNTRY-/110605160343?pt=US_Cars_Trucks&hash=item19c094cf97
"Bidding has ended on this item."
tdewald52
11-20-2010, 04:32 PM
Bluerauder,
Where did you get this number? I am just curious because that is so much higher than I would have expected. What are some of the main reasons that the MMs are being removed from circulation?
Thanks,
T
SC Cheesehead
11-20-2010, 05:25 PM
Bluerauder,
Where did you get this number? I am just curious because that is so much higher than I would have expected. What are some of the main reasons that the MMs are being removed from circulation?
Thanks,
T
Wrecks, thefts, fires...
I know I've seen dozens of postings here relating to the above; in fact, I had one of 'em. R.I.P. DTR.
tbone
11-20-2010, 05:45 PM
Hard to say. People who really like their Marauders would probably not sell for cheap. For 15 grand I would be tempted to sell, but only for a second or two. The city taxes me on what they feel it's worth. To them, it is worth 7,600 bucks. Joke's on them.
You guys have a personal property tax out there? What the ****! You've GOT to be kidding!? NEVER heard of such a thing! What liberal democrat crammed that weinerschnitzel up your asses?
Bluerauder
11-20-2010, 06:29 PM
Bluerauder,
Where did you get this number?
It's just an estimate .... I figure that there are about 6,555 MMs remaining out of 11,052 produced (59.3%)
http://www.mercurymarauder.net/showcase/files/1/8/9/1/EstimatedMMsRemaining.jpg
You guys have a personal property tax out there? What the ****! You've GOT to be kidding!? NEVER heard of such a thing! What liberal democrat crammed that weinerschnitzel up your asses?
There aren't any free lunches. The tax man gets you one way or another. For years, I paid Maryland income tax. The counties levy a surcharge on top of that my county was computed at 50% of the state tax.
When I moved to Virginia, the county did not have an income tax on top of the state income tax. However, they do assess real estate taxes and personal property tax. It works out to be about the same regardless. It's just the computation that is different. Of course, property taxes decreases as the value of the vehicle depreciates.
Six of one and a half-dozen of the other. The MAN gets his cut. ;)
P.S. -- Wienershnitzel ain't what you think it is. :rolleyes:
En4cer71
11-21-2010, 03:21 AM
That's mine. No kidding. Didn't get it on eBay though. Seller must have fallen through. Lucky me!!!
wx4caster
11-21-2010, 03:28 AM
Low mileage Marauder:
http://cgi.ebay.com/ebaymotors/MERCURY-MARAUDER-ONE-OWNER-LOWEST-MILES-COUNTRY-/110605160343?pt=US_Cars_Trucks&hash=item19c094cf97
Some may think it was overpriced but personally, if I was in the market for another one, I'd consider 20Gs for < 3K miles.
burt ragio
11-21-2010, 05:36 AM
I didn't buy my Marauder for an investment nor trailer queen. I bought it to put a smile on my face & drive. Yes they will go up in value at some time. They were only produced for two precious years.
jabird56
11-21-2010, 05:40 AM
Charlie, what are you using for a generic annual loss percent?
boatmangc
11-21-2010, 07:05 AM
I didn't buy my Marauder for an investment nor trailer queen. I bought it to put a smile on my face & drive. Yes they will go up in value at some time. They were only produced for two precious years.
Amen to that. I fell in love with the MM when I got the first glimpses of it in Autoweek, I pre-ordered the DVD from Ford and played it for all of my friends long before the car hit the streets. I just couldn't get a dealer to play when I was trying to trade in my 540 iT Bimmer on it. All of the dealers I met with one in "03 were above MSRP and not willing to deal.
I bought mine with 28K on the clock August 2009, it turned 45K on the way home from SSHS10, next big miles will be the Hot Rod Power Tour.
This is not my DD, I just love driving it.
No Garage Queen for me!
My brother has stickers in the windows of his street rods that say "If you see this car on a trailer, dial 911 it's stolen!)
If I had it to do over again though I would have bought a lower mile unmodded car. I have dumped a lot of dough on this car and unfortunately all the $$ won't fix Gumby at the tree. I have a car with 12s in it and a driver that is lucky to get 13s......
Ralph Sr.
11-21-2010, 07:23 AM
i think tbone said it the best !!
Bluerauder
11-21-2010, 07:27 AM
Charlie, what are you using for a generic annual loss percent?
Jay .... my chart doesn't use a constant/standard annual loss rate. I tried to look at the life of the car using a typical 20-25 year average life. Based on that, I started out with a 5% loss for the first 5 years. As the car ages and parts become increasing rare that percentage increases to 10%. Then as more and more cars get released onto the secondary market and more and more young (inexperienced) drivers enter the mix, then loss rate peaks at about 15%. After the 15th year, the cars that are remaining tend to be those whose owners have taken extra good care of them or keep them in garages and the loss rate reflects a continual decrease until it reaches a final rate of about 2% per year as the cars begin to age out of the fleet.
I realize that this is only an estimate but it tries to recognize the phases of ownership and different aspects as the car ages.
tbone
11-26-2010, 04:54 PM
It's just an estimate .... I figure that there are about 6,555 MMs remaining out of 11,052 produced (59.3%)
http://www.mercurymarauder.net/showcase/files/1/8/9/1/EstimatedMMsRemaining.jpg
There aren't any free lunches. The tax man gets you one way or another. For years, I paid Maryland income tax. The counties levy a surcharge on top of that my county was computed at 50% of the state tax.
When I moved to Virginia, the county did not have an income tax on top of the state income tax. However, they do assess real estate taxes and personal property tax. It works out to be about the same regardless. It's just the computation that is different. Of course, property taxes decreases as the value of the vehicle depreciates.
Six of one and a half-dozen of the other. The MAN gets his cut. ;)
P.S. -- Wienershnitzel ain't what you think it is. :rolleyes:
I think anyone from New York City would disagree with your theory that it is all even in the end. It's no surprise that people are leaving there in droves....at least people that have a little and create much needed jobs!:burnout:
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