It may be your asking price. I bought a 2001 CLk55 about two months ago with 8000 miles. Black on black/gray two-tone interior, timeport phone, perfect condition for $55,000. There were a couple others selling close to this, as well. Most people were asking low to mid $60's for a comparable car. This leads me to believe that most overpaid before the used car market went in the toilet. <br>
I took a big hit on my 2000 Porsche Boxster. Many people are in this situation. While I feel I negotiated a very good deal on the Benz I took a hit on the Porsche. With the used market as it is right now expect a hit on your car but try to make it up on the car you are looking at getting into. If you don't have a real need to sell it I would hold onto it for a while. I would not recommend buying something new if you take a big hit either. Find something one or two years old and get it priced right to even things out a bit. Probably not what you wanted to hear, but thought it may be helpful to hear what is going on from the buyers side.