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2002 E320 Price?

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Old 08-23-2002, 10:03 AM
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2002 E320 Price?

Ready to pull the trigger on the purchase of a 2002 E320 demonstrator from reputable dealer. Vehicle has approx. 6900 miles, E1, E2 packages & Heated Seats. They're asking approx. $44,000. Price seems almost too good to be true. Any opinions?
Old 08-23-2002, 11:13 AM
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2002 C230 : 2007 C230
To help make your choice: New are selling for just under $48K. Keep in mind, your warranty is shortened not only by 6900 miles but also however long the car has been in service.

If you don't mind buying a demo (demo=used), then take it.
Old 08-23-2002, 11:31 AM
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Originally posted by KWiK
To help make your choice: New are selling for just under $48K. Keep in mind, your warranty is shortened not only by 6900 miles but also however long the car has been in service.

If you don't mind buying a demo (demo=used), then take it.
Dealer invoice on the car is $48,891. Are dealers selling at invoice and taking the 3% holdback as their profit on these cars? If so, then the true discount to me is roughly $5K. The car has never been titled, and I was told that the warranty would still be for the full 4 years, but covers only the remaining 43K miles.
Old 08-31-2002, 11:55 PM
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these cars have been heavily discounted this year of course, but i believe they may have moved enough of them to keep the prices from dropping any further. probably now is a good time to pull the trigger if you feel prices are fair. fyi-i just bought 2002 e430 4matic with similar options and mileage at 10k under msrp. i do not think however , that there are many cars for sale that far below sticker , esp 4matics now . for a good read of prices , try carsdirect.com and plug in your model and options , its a neat way to see how cars trade relative to sticker and invoice. good luck!
Old 09-01-2002, 03:58 PM
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2002 C230 : 2007 C230
Originally posted by Enrico
Dealer invoice on the car is $48,891. Are dealers selling at invoice and taking the 3% holdback as their profit on these cars? If so, then the true discount to me is roughly $5K. The car has never been titled, and I was told that the warranty would still be for the full 4 years, but covers only the remaining 43K miles.
Large dealers are selling below invoice, so the savings is less than $4K for this car. Even less is you factor in the loss of warranty miles & time. The only way to verify if you will get the full 4 years of the warranty is to find out the "In Service Date". I bet you find that this car was placed in service at least 6 months ago.
Old 09-03-2002, 12:03 PM
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Ended up purchasing the car a little over a week ago. Got them down to $43,140...with them picking up the doc fee and luxury tax. A great deal? Questionable...but certainly not a bad one. The warranty length of time is really not as much of an issue as the miles in my situation. I'll get it to 50K before 4 years. Car is great so far, no problems except for a broken cup holder that they fixed right away.
Old 09-03-2002, 12:58 PM
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Originally posted by Enrico
Ended up purchasing the car a little over a week ago...
Congratulations! The E is a very nice car. I really enjoyed mine(when it worked properly )
Old 09-06-2002, 10:56 PM
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hey, dont sweat it, if you bought the right car for yourself and you're happy with it , you did fine. enjoy the ride!
j.

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