Value of used cabrios at an all-time low

Used prestige-brand cabriolets value has fallen to a extraordinary low, according to Glass’s, publisher of a guide to used car prices.
Glass’s Guide has reported that year-old drop-tops from premium marques are worth up to 24% less than in March 2008. This suggests that possible buyers should reflect on buying now before price rises in the run up to summer.
Glass’s equated values of one-year-old roadsters like the BMW Z4, premium cabriolets such as the Audi A4 Cabriolet, and luxury drop-tops such as the Jaguar XK Convertible in March 2008 to March 2009. Every vehicle had extra depreciation of at least 17%. The biggest extra fall in value was for the Mercedes-Benz SLK 280, with a one-year-old example worth 24% less this month than an identical car of the same age in March 2008.
For example, the price difference between a one-year-old Mercedes-Benz SL350 and a SL500 is only £3,425, despite the cost difference when new being nearly £13,000.
