Good deal on a C63
http://www.leasereturns.com/newandus...nz-CClass.aspx
An 08 with 25k miles, listed for 48k. I'm 25, make a bit over 100k/yr, was planning to put around 20k down. My credit isn't stellar but not horrible; in the medium risk range from mistakes when I was younger. I've only ever bought one other car years ago when I got my 3 serie and I kind of rushed into that and didn't get the best price. haha. Not really sure what is a reasonable amount to pay for this. low 40's? 42, 43, 45? I'm assuming I'll be needing to finance 30k or less. I'm not really sure what the chances are of me getting that either. I have no other debt currently. My rent is only 850/mo. I pay off my credit cards every month.
Any advice on any of this would be greatly appreciated! Thanks all.
http://www.leasereturns.com/newandus...nz-CClass.aspx
An 08 with 25k miles, listed for 48k. I'm 25, make a bit over 100k/yr, was planning to put around 20k down. My credit isn't stellar but not horrible; in the medium risk range from mistakes when I was younger. I've only ever bought one other car years ago when I got my 3 serie and I kind of rushed into that and didn't get the best price. haha. Not really sure what is a reasonable amount to pay for this. low 40's? 42, 43, 45? I'm assuming I'll be needing to finance 30k or less. I'm not really sure what the chances are of me getting that either. I have no other debt currently. My rent is only 850/mo. I pay off my credit cards every month.
Any advice on any of this would be greatly appreciated! Thanks all.
You should have came here yesterday and bought NickZags car. Less miles, newer car and lower price. oh wells....
keep driving your current car, invest the $20k well and you can buy a house in 3-5 yrs...(charge your roommates for rent and help pay your mortgage), and defer your gratification a little. if you do that you'll be better off than 95% of your peer group.
yes, i know the C63's a nice car, but there will always be nice cars around...and this same car will be $20k in 3 yrs and you can buy it cash if you still want it, plus your car insurance will surely be less.
PL
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keep driving your current car, invest the $20k well and you can buy a house in 3-5 yrs...(charge your roommates for rent and help pay your mortgage), and defer your gratification a little. if you do that you'll be better off than 95% of your peer group.
yes, i know the C63's a nice car, but there will always be nice cars around...and this same car will be $20k in 3 yrs and you can buy it cash if you still want it, plus your car insurance will surely be less.
PL
you can find one at a lower price anyway
keep driving your current car, invest the $20k well and you can buy a house in 3-5 yrs...(charge your roommates for rent and help pay your mortgage), and defer your gratification a little. if you do that you'll be better off than 95% of your peer group.
yes, i know the C63's a nice car, but there will always be nice cars around...and this same car will be $20k in 3 yrs and you can buy it cash if you still want it, plus your car insurance will surely be less.
PL




That said, would anyone care to comment/give advice pertaining to the car I have listed? And how much I should reasonably be able to get a used 08 for? Or an 09. I'm taking my time shopping around, and I'm in no hurry. Thanks for the advice on PenFed.org. I'll look into them when I'm ready to get a loan/purchase something.
Considering you can buy a new car for ~55k loaded in the summer with the 10-12k off
Wait... seriously? If that is true, I can definitely stand to wait till then. Is that pretty common? Even the 2010's I saw listed on craigslist were listed for like 61k I believe.
Keep in mind that there is no guarantee that MB will offer these same discounts. Not saying that they won't, but just that there are no guarantee.

On the other hand, even if they agreed, it still would be $11K more than I paid for my 2009 C63.



