Is it a good idea to buy out my 07 R350
06-08-2009, 11:02 AM
#1
Member
Thread Starter
Join Date: Jul 2003
Location: New York / New Jersey
Posts: 159
Likes: 0
Received 1 Like
on
1 Post
00 E320 Wagon 4matic
Is it a good idea to buy out my 07 R350
Im at the end of my lease. 35k miles, Navigation, Black /Black.
MB Financial wants $27k at 8% Is that a good deal?
P.S. I LOVE THE CAR.
MB Financial wants $27k at 8% Is that a good deal?
P.S. I LOVE THE CAR.
06-08-2009, 04:48 PM
#2
MBWorld Fanatic!
Join Date: Jun 2009
Posts: 1,800
Likes: 0
Received 12 Likes
on
10 Posts
1953 300 Adenauer, 1971 300 SEL 6.3, 1975 600, 1978 450 6.9
Only you can decide, but....
What is the Edmunds price for your car? What are the local prices for cars like your's at dealerships and private party?
I'd think that you can do much better than 8% from your local credit union (assuming you have decent to good credit.) My local credit union is offering 3.75% for up to 60 months...
06-09-2009, 12:21 AM
#3
Former Vendor of MBWorld
Join Date: Jan 2005
Location: Cincinnati, OH
Posts: 583
Likes: 0
Received 0 Likes
on
0 Posts
Looks like you about right on the money for a wholesale purchase.
Auction Values
Sale Prices for Week Ending June 3, 2009.
2007 Mercedes R350
Above Average: $30,147 - Mileage: 18,975
Average: $27,075 - Mileage: 37,949
Below Average: $24,003 - Mileage: 56,924
Total Sold: 7
Keep in mind vehicles sold at auction have incurred expenses for reconditioning, transportation, and auction run/sell fees.
These expenses need to be taken into consideration when placing a value on a vehicle you are looking to buy/sell.
Use "Drive It Now" to see instant lease and loan payments.
Visit FrontRowCars.com if you are looking to buy or sell one. We can also search auction run lists and buy it for you at wholesale.
If you find this information useful, please CONTRIBUTE to keep it going. Thanks in advance!
Auction Values
Sale Prices for Week Ending June 3, 2009.
2007 Mercedes R350
Above Average: $30,147 - Mileage: 18,975
Average: $27,075 - Mileage: 37,949
Below Average: $24,003 - Mileage: 56,924
Total Sold: 7
Keep in mind vehicles sold at auction have incurred expenses for reconditioning, transportation, and auction run/sell fees.
These expenses need to be taken into consideration when placing a value on a vehicle you are looking to buy/sell.
Use "Drive It Now" to see instant lease and loan payments.
Visit FrontRowCars.com if you are looking to buy or sell one. We can also search auction run lists and buy it for you at wholesale.
If you find this information useful, please CONTRIBUTE to keep it going. Thanks in advance!
