trade in value?

[gmelays]

im doing it tomorrow 2010 e350 p2 white and tan 21k miles. payoff is 41,500k really interested in what they tell me anyone else got trade in value info? also i was reading online if you wanna trade in your car its best to wash/detail before you go in, i called the dealer and they told me it does not matter

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[golfster]

Kelly Blue Book (just as a reference point) suggests anywhere between $36,450 to $42,450 depending upon condition. Your payoff seems a bit high for a 2010, so hopefully they will either be generous on the trade or on the discount of the new car, if not both.

Good luck!!

[lyjw88]

Originally Posted by gmelays

im doing it tomorrow
2010 e350 p2 white and tan 21k miles.


payoff is 41,500k

really interested in what they tell me

anyone else got trade in value info?



also i was reading online if you wanna trade in your car its best to wash/detail before you go in, i called the dealer and they told me it does not matter

that sounds reasonable.

[A C]

What did you end up getting on trade?

[RJC]

Gotta imagine that the current value of 350's is suffering with the new motor right around the corner.

[hyperion667]

Originally Posted by RJC

Gotta imagine that the current value of 350's is suffering with the new motor right around the corner.

could be true: but will our cars be better valued with the airmatic that they're not coming with? a few other things too.....

[RJC]

It would depend upon how the two cars drive/ride, many new buyers may not even notice the difference w/o the airmatic. I think the new engines will be the biggest allure especially for the 350's. If I had a current 350 and was looking to move into something new I'd do it quickly as resale has only one way to go and that's unfortunately lower.

[golfster]

Originally Posted by RJC

It would depend upon how the two cars drive/ride, many new buyers may not even notice the difference w/o the airmatic. I think the new engines will be the biggest allure especially for the 350's. If I had a current 350 and was looking to move into something new I'd do it quickly as resale has only one way to go and that's unfortunately lower.

Not trying to inflame anyone, but I've seen this myth now posted in two different threads. A quick research of blue book trade-in values shows little to no impact when a new engine is released, and trade-in values are more a factor of age and condition. If the release of a new engine triggers a drop in trade-in, the same effect would impact the trades on the E550 as well as all other cars when a newer version of that model includes an upgrade to a new engine. As an example, I know first hand a 2007 997 S didn't lose significant value simply as a result of the 2009 997.2 being equipped with the DI engine, but did lose a rather predictable amount based upon mileage and condition.

Using Kelly as a source (yes, we can dispute KBB, but it is at least as credible as an internet forum for such facts), here is what it shows:

• 2010 E350 - 24,000 miles, excellent condition = $42,450
• 2009 E350 - 36,000 miles, excellent condition = $33,375 (21.37% drop from following year, even with new body style in 2010)
• 2008 E350 - 48,000 miles, excellent condition = $28,050 (15.95% drop from following year)
• 2007 E350 - 60,000 miles, excellent condition = $22,600 (19.42% drop from following year)
• 2006 E350 - 72,000 miles, excellent condition = $17,875 (20.9% drop from following year)
• 2005 E320 - 84,000 miles, excellent condition = $14,750 (17.48% drop from following year. This was the last year of the E320 variant. Note, the 2006, first year of the E350 with the new motor suffered greater % loss in trade-in value)
• 2004 E320 - 96,000, excellent condition = $12,700 (13.89% drop from following year)
• 2003 E320 - 108,000, excellent condition = $10,700 (15.74% drop from the following year)

Besides the impact from a new body style, it seems in this case the greatest % loss in trade-in value came from the 1st year of a new motor rather than the last year of the previous motor.

Rest easy, my MBWorld brethren, the sky is not falling!!

**For sake of comparison, equipment packages were kept as close as possible; sport, multi-CD player, HK stereo, Nav, premium wheels, no leather.

[RNBRAD]

Originally Posted by hyperion667

could be true: but will our cars be better valued with the airmatic that they're not coming with? a few other things too.....

I would think so. It does depend on the new suspension quality vs the airmatic and not sure how anything could be better or the S would have it. I'll take the NA motor everyday over the turbo since the difference in performance is marginal at best and I don't think the long term reliability of the 550 motor is even a question.

[hyperion667]

guess it makes sense that mb could be refining the suspension for upcoming models?
will be interesting to see the difference...
I also like that tricky play to get you to go for a higher end model by still offering it in cls and s right?