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Fair offer for 2020 c43 purchase

Old Yesterday | 02:21 PM
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Fair offer for 2020 c43 purchase

Hi guys,

I am in QC Canada.

I came across a 2020 c43 amg 4 doors sedan that I like with a bit it less than 80 000 km on the odometer.

It seems like recommended maintenance was. I am awaiting for service records to confirm.

From what I can see:

- Exterior lighting package
- Driver's assistance package
- Multimedia package
- Parking Assistance package
- AMG Night Package
- AMG Dinamica Performance steering wheel
- AMG Performance front seats
- Digital instrument cluster
it has the button for the exhaust, so I assume
- AMG Performance Exhaust (is there a spec with a sport exhaust and a button to open valves?)

I have to give a call to MB Canada to get the full list of options

Is there a way to assess fair value?
I used clutch.ca but it doesn't accurately account for variance in options.

Seller is asking for 41.6k CAD

I think I can do between 38 and 40k CAD. Though 38k might seem/be too low.
I am not trying to low ball.
Am I being unrealistic or unreasonable?

Other questions:

Is an independent PPI good enough or should I take it to a dealership?

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Old Yesterday | 02:37 PM
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W205C43PFL's Avatar
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Originally Posted by bachan
Hi guys,

I am in QC Canada.

I came across a 2020 c43 amg 4 doors sedan that I like with a bit it less than 80 000 km on the odometer.

It seems like recommended maintenance was. I am awaiting for service records to confirm.

From what I can see:

- Exterior lighting package
- Driver's assistance package
- Multimedia package
- Parking Assistance package
- AMG Night Package
- AMG Dinamica Performance steering wheel
- AMG Performance front seats
- Digital instrument cluster
it has the button for the exhaust, so I assume
- AMG Performance Exhaust (is there a spec with a sport exhaust and a button to open valves?)

I have to give a call to MB Canada to get the full list of options

Is there a way to assess fair value?
I used clutch.ca but it doesn't accurately account for variance in options.

Seller is asking for 41.6k CAD

I think I can do between 38 and 40k CAD. Though 38k might seem/be too low.
I am not trying to low ball.
Am I being unrealistic or unreasonable?

Other questions:

Is an independent PPI good enough or should I take it to a dealership?
Use Canadian black book, autotrader.ca etc. to gauge valve, as to answer your question is there a non PE regular sport exhaust with the switchable button, answer is no.
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Old Yesterday | 04:01 PM
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Use mechanic familiar with Mercedes to assess, does not have to be dealer. Leave enough money in the bank to pay for maintenance, and likely unforeseen service needs, like with any car, but with Mercedes cost will be somewhat to significantly higher. It is ok to make a low offer, then negotiate, this is the price discovery process for anything used.

Last edited by smiles201; Yesterday at 04:04 PM.
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Old Yesterday | 04:38 PM
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Originally Posted by W205C43PFL
Use Canadian black book, autotrader.ca etc. to gauge valve, as to answer your question is there a non PE regular sport exhaust with the switchable button, answer is no.
Turns out autotrader only shows price evaluation for vehicles sold by dealerships and doesn't for private sellers.

Canadian Black Book says: $ 36,025 CAD Trade in value with a dealership with information about options (CBB is also biased towards dealerships)
Clutch.ca says for purchase from private seller: $ 37 673 CAD, $37 694 trade value with dealership, with generic information

The gap with asking price is pretty significant.

Last edited by bachan; Yesterday at 04:49 PM.
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Old Yesterday | 04:46 PM
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Originally Posted by bachan
Turns out autotrader only shows price evaluation for vehicles sold by dealerships and doesn't for private sellers.

Canadian Black Book says: $ 36,025 CAD Trade in value with a dealership with information about options (CBB is also biased towards dealerships)
Clutch.ca says for purchase from private seller: $ 37 673 CAD, $37694 trade value with dealership, with generic information

The gap with asking price is pretty significant.
Trade-in value is always lower than actual purchase price because dealerships earns a profit on top of the selling price. I seen it go up by 20% so add 20% to the trade-in price or below to determine how much it might be.
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Old Yesterday | 04:50 PM
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Originally Posted by W205C43PFL
Trade-in value is always lower than actual purchase price because dealerships earns a profit on top of the selling price. I seen it go up by 20% so add 20% to the trade-in price or below to determine how much it might be.
I am buying from a private seller though
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Old Yesterday | 04:58 PM
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Originally Posted by smiles201
Use mechanic familiar with Mercedes to assess, does not have to be dealer. Leave enough money in the bank to pay for maintenance, and likely unforeseen service needs, like with any car, but with Mercedes cost will be somewhat to significantly higher. It is ok to make a low offer, then negotiate, this is the price discovery process for anything used.
How low, is what I am trying to figure out. I don't want to be insulting either.
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Old Yesterday | 05:09 PM
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Originally Posted by bachan
I am buying from a private seller though
oh hmmm sorry that I wasn't able to help.
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Old Yesterday | 09:30 PM
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I believe you are doing yourself a disservice to concern yourself with being perceived as socially proper. First step is know exactly what you are getting, car, options, service history, accidents, mechanics inspection. What maintenance is needed, what is coming up, how does car drive and brake, how does engine sound. Don't fall in love. This is a business transaction. If you pay too much you will regret it for years.

Decide where you would like to be price wise. If you determine, for example that it is worth 39,000 to you, start with a bid of 36,000 or 37,000 and let him know why you think that is what it is worth. You are taking on alot of risk. There is no waranty and anything can break at any time. Do you know how expensive it is to service and fix these cars? Who cares if he feels insulted. He will likely come down a little in price, and then you will go up a little. He will say 41, you will say 38. Let it sit a day or two, and be will come back to you.

Last edited by smiles201; Yesterday at 09:32 PM.
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Old Today | 12:43 AM
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@smiles201 Thanks for the sound perspective
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Old Today | 08:06 AM
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Since it is a private seller not sure if they are willing to but get a PPI, pre-purchase inspection which catches a lot of things that is not obvious.
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Old Today | 09:07 AM
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Originally Posted by W205C43PFL
Since it is a private seller not sure if they are willing to but get a PPI, pre-purchase inspection which catches a lot of things that is not obvious.
They did agreed for me to PPI the car at my convenience. I am deciding between getting it done by a mobile/independent or taking it to a MB dealership.
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Old Today | 11:33 AM
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Originally Posted by bachan
They did agreed for me to PPI the car at my convenience. I am deciding between getting it done by a mobile/independent or taking it to a MB dealership.
Oh that is good news and that is a good start, at least they are not trying to hide anything.
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