slykmr

Well had my fun with the beast and now time to part. Car is white/black with 7100 miles. Whats a fair price? Start at ~99k and work from there. Or start ~95k and work from there. Whats the consensus. Know one on here just sold for what like 89k? Ebay seems to be around 95k. Thanks for the input.

jenk12m

with the mileage you have, i would say start at 95k and work from there

selynn

Brumos Mercedes Benz in Jacksonville has a one owner, Silver/Black with 4500 miles for 89.9K - FYI They started at 99.5K in October.

LZH

OUCH !!!

user z478747

They have been acting like a desperate seller over this one and have gotten exactly what they advertised for - low ball offers and a hard time selling it. Doesn't help that they have terrible pictures...

My advice to you would be start high $99k (you can always go down), take some really good pictures, write a good ad and be patient as its going to take a while to sell it. Good luck.

Doctodd33

you arent getting objective advice here.....some people here who are also listing their cars want you to list it at a certain price to manipulate/raise the value of their cars also......if you guys want to give him advice, at least tell him the whole story. I dont think it is right to try to manipulate the guy to benefit yourself without telling the whole story.

Frankster

I've done my fair share of research on here. Here's what I've found so far

1. dealer here in the bay area $102k silver new
2. Brumos willing to drop it more for their used one
3. dealer in central cal selling theirs for $95k blk new (with 1000 miles)
4. dealer in socal selling theirs for $109k silver new
5. a broker in socal selling their used one for $97k white (400 miles)

Hope this gives you a gauge of what's the current market for it. Doing a quick search on ebay and autotrader will give you these results. Good luck on the sale

user z478747

......and some people here are looking to buy one cheap? Trying to minipulate or offer my opinion? I don't think its right to offer $10k - $15k below market either????? But some people do it.....

I have mine listed for sale and if it sells for my number or helps raise the market great. I have even suggested others do the same. There is so much bashing of BS values here (mostly by individuals looking to steal one with rediculously low offers......), I would give you the same advise regardless.

Again, good luck with the sale.

Doctodd33

I dont have a dog in this fight anymore cuz the economy has changed my plans.....but you should fully disclose your intentions if you really want to be fair. Cheap is a relative term, and noone forces anyone to sell. So offering $10-15K below isnt fair by who's definition? Probably yours and any other sellers. Suggesting others do the same is more than just "great if it helps raise the market". It is manipulating or trying to manipulate the market.

slykmr

Trust me I know the BS market has tanked, as with most high end/exotic cars. The car is flawless inside and out and though a few miles, I figure why not start ~99k and go from there. Also there seems to be mainly black & silver, yet few whites for sale. I do not have to sell the car, just want something different. With this approach and an agressive price if it happens it happens, if it doesnt it doesnt. Just was a real low blow when dealer offered me 79k at trade in. Ouch! Regardless thanks for the input and .02 guys. Keep it up.

user z478747

....and the difference between this and a low ball offer is what? Just minipulating in another direction? Guess your opinion depends on whether you're a buyer or seller.......

As you suggest, noone forces anyone to buy or sell? I can ask whatever I want for my car, suggest to someone else a selling price; it is just my opinion and that is what this individual asked for. Besides, isn't $ partially determined by supply demand?

Doctodd33

You would be right.....it is manipulating in another direction....but only if everyone's low ball offer is advertised on cars.com or autotrader or wherever, which it isnt. For you to say to other sellers "hey why not sell for this much and advertise it" is the same as what OPEC does...it is collusion. I think it is illegal in this country.

user z478747

You can see the low ball offers on an ebay auction where the format is BIN or best offer... I wish I had that kind of influence? If I did, these cars would still be selling for MSRP. I don't think it's illegal for me to suggest a selling price nor is it illegal for me to put my car out there at a high price and suggest that more people do the same.

Sorry you're out of the market. Here's to better economic days ahead:

invincible569

there is a brand new red one on cars.com with 172 miles only for 99. I guess it just depends how quick you want to sell it.

RBYCC

The "market" isn't determined by the average of the current sellers asking price, but by the actual price that the vehicle has sold at.
No different then real estate, the actual sale determines the comp !

user z478747

Unlike real estate there is no credible verifiable way to determine "actual" selling prices of most cars. Except for auction prices of course and how many average Joe's have access to those prices and aren't most auction cars resold at "retail"? Low prices as they relate to these cars are usually quoted by potential buyers? Depends on which side of the transaction you are on.....

RBYCC

In any transaction the "buyer" dictates the price and establishes the market.

"Retail" is a relative term and is not quantitive but decribes a sale to one who is purchasing for personal use.

If the seller(s) hold price and the buyer(s) don't buy, then the market stagnants until one side gives.
EBAY is a perfect example, as it is an auction and a great auto marketplace.
I don't recall any of the listed BS selling recently and have seen sellers drop pricing, but still no sale.

In a weak economy the cash buyer has the advantage.

To see any BS offered for sale makes one question why?
Typically the seller if not holding clear title can't afford the vehicle.
"Afford" is also a relative term...for a private owner it could be the large monthly payment, for a dealer or wholesaler it's usually they can use the money tied up in the car for a better cash on cash return.

jrcart

Unless you are really hurting for the $ and need to move it fast, start high and then move downward based on interest or offers. I can tell you from experience there is nothing worse than that feeling after you sell something and it sells in the first day or so and you find yourself saying " did I sell it too cheap?". Lord knows I have done this on more than one occaision, I listed one of my Harleys on E-bay and put a Buy It Now price on it, went to dinner came back literally an hour later and the bike was sold, along with 4-5 e-mails saying if the deal goes bad they would buy it. This was a couple years ago, I thought the bottom had completly fallen out of the Harley market so I just listed it a what I though was a fair price. The same thing happend with a townhome I sold, I got my asking price along with 3 other people wanting to put in offers in less than a week.

Live and learn, 5-grand is 5-grand, if you can get $95k vs. $90k by waiting an extra 2-3 weeks it's probably worth it unless you are in dire and immediate financial stress.

Good luck with the sale...Keep us posted on what it goes for, we are all curious. BTW, what is going to replace it?

greasybenz

I dont understand what you mean by cash on cash return. Having been in the car business for quite some time, even with a crappy economy a cash deal is never a good thing for a dealership even if they are tied up in the car.

RBYCC

"Cash on cash return" is a basic concept that any business person should understand.

Holding inventory ties up cash which is only released when the unit is sold.

A "specialty" vehicle can sit for a long time before a return is realized.

Conversion of a $90K BS to $90K cash for example would allow you to buy and turn two to three C Class in the time it would take you to sell the one BS.

You are using your "cash" more effectively and getting a better "return" on your "cash".

Applies to any inventory based business....you make profit on frequency of turns.
Slow moving inventory freezes cash that could better be used.
That's why you see some dealers dropping prices on pre owned BS.

user z478747

Always amuses me when potential buyers throw out the "I'm a cash buyer" with their low ball offer...... What do they think I would accept? Marbles?

Vic55

FWIW here are the only auction sales listings of BS's right now... Most of them are aged and still sold right around 100k so I can only imagine the ACV of one today being less. 2 1/2 months ago a black one sold for 86k so what does that mean today? 80k 75k 70k? The price of all cars are clearly dropping at faster rates than in good times. And then you take into effect pricier specialty luxo/sport cars; and those values plummet even faster.

06/19/08 RIVRSIDE Regular $107,000 4,822 Above BLACK 8G A Yes
06/19/08 ATLANTA Regular $96,000 3,741 Avg Silver NON A Yes
07/24/08 MANHEIM Regular $103,000 768 Avg BLACK 8G A Yes
07/24/08 MANHEIM Regular $98,500 362 Avg BLACK 8G A Yes
08/20/08 CEN FLA Regular $91,000 5,507 Avg NONE NON N Yes
10/23/08 RIVRSIDE Lease $86,250 2,565 Below BLACK 8G A Yes

greasybenz

Understand it now





LMAO!

Ive run into the same idiots when im selling stuff on craigslist. I had my ipod up on craigslist the other day for $100 and i got a call from a girl saying she only had $50 but it was cash!

Honda buyers seem to be the worst, I have people come look at used 06-07 civics that are priced at $16-17K and offer $12K cash OTD. And they insist its a great deal as they paying in cash. I can give a ***** less if its cash id rather have you finance the car so i could make a bit more profit on your interest rate points.

jrcart

Looks like somebody stole that puppy in Riverside...or it was "rough book" adn beat.

RBYCC

The last sale still is probably 7%-10% higher then what a BS would see today at an auction.

Reality is that a great deal of "disposable" income has been lost since October...

The BS is something that is typically bought with disposable income as it's not what one would consider basic transportation.

Not just the BS...only to look at the drastic drop in the preowned SL55 / 550 SL63 / 600 market since the spring....