559EVO

I'm having trouble deciding if a car 5 years old is worth that much, please give me your input. It's from a mercedes dealer

C280 Sport

The KBB Value is only $26,000 on thay car. I would not pay that price since I saw a 2006 C55 for $29,000 and had nearly the same miles on it.

alboogiee

The miles dont play that much of a factor in the price. I paid many thousands less than that for my 06 with 36k in feb 09

Mantooth

For that kind of money, I would buy an E55.

I might be biased, though. However, I would definitely not pay that much for a C55.

Viper98912

Nope

RLx02

an e55 with that low of miles will not be going for 30k.

29k is a good start to haggle from IF and ONLY IF its a CPO...

i_am_amused

I would not pay $29K for a 5 year old C55. I bought my then-6 year old S55, with only 16K miles, for $32K last year. It's easily twice the car you're looking at, and cost only 10% more. Of course, it's also much harder to park.

edit:

2005 E55 with only 36K miles for under $30K

TemjinX2

I wouldn't. You can buy a e60 m5 for $35k now or e55's.

$36k e60 m5
http://www.autotrader.com/fyc/vdp.js...standard=false

TemjinX2

05 e55 for $33k

http://www.autotrader.com/fyc/vdp.js...standard=false

mrobinso

Yes there are definitely E55s out there in that price range with 30-45K on the odo.

I would contact them first and offer 24,000. The mileage for that car is amazing but regardless its already out of warranty.

alroumi

I dont think its a bad price, though try and haggle with the price see if they are willing to allow price negotiations.

C280 Sport

The S55 is 100X the car of a C55 I think. I agree with you. Would not pay 29k for it.

Newzchspy

[QUOTE=i_am_amused;4252552]I would not pay $29K for a 5 year old C55. I bought my then-6 year old S55, with only 16K miles, for $32K last year. It's easily twice the car you're looking at, and cost only 10% more. Of course, it's also much harder to park.

NOT In Performance though!!!

559EVO

I'm sure I can get the price lowered to about $27,000, I might go back there to haggle and then walk off the lot so the salesman can call me with his best offer 4 hours later when he realizes that he needs some commition.30K is my max budget, my wife is really big on what year the car is so she says 2007 E550, A have always wanted a AMG so I figured C55 would be the cheapest and newest for the money. I just need something with more power. Thanks for all the feedback! The seach continues.

Newzchspy

An E550 is NOT an AMG (Ive seen some with the exhaust and wheel mods) , so if you're stuck on that, I 'd look at an E 55 which is an awesome 4 door rocket that is "highly modifiable." A lil tune, pulley and tires and you've got a high 11 sec car. Its also bigger than the C55 in interior and exterior dimensions.

i_am_amused

[quote=Newzchspy;4252921]Straight line speed? S55 > C55
Comfort? S55 > C55
Luxury? S55 > C55
SOUND? S55 > C55

Handling? it's a push

Gas Mileage? C55 > S55. There, you win one.

While we here: Ability to Mod? S55 > C55
"A lil tune, pulley and tires and you've got a high 11 sec car"

Newzchspy

[QUOTE=i_am_amused;4253073] (Talking about the E 55, not the S55)


Sorry, to hijack, BUT to answer the original question:
Would you pay 29k for a 2005 C55 with 11,000 miles?

No Way, maybe in the mid-low 20s. They're gambling on the low miles to get a bite in that car!!

mrobinso

If $30K really is your price limit, I say you will be in a comfortable price range with the C55 as opposed to the E55. If you can afford the extra couple grand, then go with the E55.

I think you are about spot-on with the $27,000 price. For perspective, I purchased by 2006 C55 with 33,000 miles on it at the beginning of June for $24,500 (w/out COMAND) that had been a garage kept weekend car with its previous owner, no mechanical or cosmetic flaws.

i_am_amused

[quote=Newzchspy;4253110]
I agree. low-mid 20s is what I was thinking would be my buy price for a perfect C55

Phil C55

[quote=i_am_amused;4253274]I have to wonder if you had a perfect 11,000 mile C55, would you sell it for low $20s? No, you would say this car is almost new and is worth more, just try and find another 11k mile C55 for low $20's would be the arguement.

mrobinso

[quote=Phil C55;4253298]Agreed. I feel that a number of people on this forum are skewing ideal C55 pricing from what the reality is. The C55 is a low production car and at any given time there are most likely around 30 used C55s for sale within 500 miles of any given location. I'd say of those 30, 20 of them have over 50,000 miles and less than 3 or 4 have under 15,000 miles [all hypothetical but based lightly on previous research].

If you have the patience and time to wait for a low-mileage C55 to come on the market within a "drivable distance" from your location, than by all means, wait it out and keep looking. But the reality is there are not many sub-15,000 mile C55s out there anymore. Most likely if you were really willing to travel (i.e. fly), your options will open up a little.

Another thought, if this is an option for you and the wifey, is to save another five grand at least by going with a C55 in the 20-30,000 mile range. As I previously mentioned, whether the car has 11,000 miles or 30,000 miles on the odo, it won't have a factory warranty.

i_am_amused

[quote=Phil C55;4253298][quote=mrobinso;4253449]what you both fail to realize is that I did not state the "ideal", "correct", or "best" price, or anything like that. I stated the price range at which I would buy a perfect C55. You are most certainly free to disagree with it, but my statement can't be "wrong" or "skewed from reality". The reality is that I place far less value on a C55 than both of you fanboys (just kidding, always wanted to use it in a sentence ), and I gave my reasons in a previous post.

The title of the OP's thread is "Would you pay 29k for a 2005 C55 with 11,000 miles?", and for most people responding the answer is "no". Does that make it wrong to pay $29K for the car in question? Absolutely. JUST KIDDING! Of course it's not wrong, it's just something I, and many others, would not do.

On the question of whether I would sell the car in question for low-mid $20s, I have no idea at what price I would even offer the car. However, I do know this: Buy low, sell high. If my buy price for something is X, my sell price better be more than X. A perfect example: how used car dealers price their cars, which is always more than the price they paid to get them on the lot.

mrobinso

I was simply trying to qualify my point with regards to other members' views on what "ideal" pricing is. Was not directed at you necessarily i_am_amused. In any case, the point of my posting was to (I hope) aid the OP in his purchase by better informing him of what (I believe) the market outlook is presently.

Newzchspy

[QUOTE=Phil C55;4253298]Considering I DO have a near perfect C55 (albeit with Kleemann SC) and having done F & I myself, I'd get what the market will bear for the car. However, in this environment, the market for AMGs of all types is weaker by the day. The car is not bad, its the market. SO, what can he get for this 11,000 mile car? Whatever someone is willing to pay I guess? Still, many dealers are willing to "deal" like they never have before. Plus, most of us know that the real money at new car dealers is in the "used car market." Holdback, Pack, etc are not what they were years ago on new cars.

Problem is, you've got a used car manager looking at what he's got into the car, what he made on the trade-in deal and then you've got a stand-off as to what someone will pay. Most times, its NOT the salesmans decision. Heck, in this market, most salespeople will take a "min-deal" for $50.00 or $100. just to get it done. Its even better for the dealer if they get finance reserve and rust , dust, and must on the CPO (paint protector, undercoat, interior protectant).

F1Bobby

Ok, the C55 with 11k miles on it is worth what you're willing to pay for it... That's is the bottom line here IMHO. That sounds like it could be one of few left that are unmolested. Is it worth $29k to me??? If I had my heart set on a C55 then the mileage is a big factor. An unmolested C55 with that mileage is a rare find again IMHO.
Is the E55 a better car??? The true answer is yes and no... Faster yes! but do damage to it and your wallet will scream for mercy. The C55 ain't cheap either don't get me wrong. If you're looking for a fun car that there are less and less each day then that C55 providing it has no hidden issues may be the way to go. Is there room on the asking price... My guess is more than likely. If you could roll away in it for $25 to 27k with a true 11k miles you would probably be pretty happy IMHO again.