cte430

How much value were you expecting it to hold? If you're worried about trade in value, lease the car.

Beltfed

What the hell are you complaining about?

That depreciation drop really isn't that shocking for a car that's 3 years old.

Forget the Rolls Royce, you should just get an Accord.

jangy

DUDE!! LOL!!! Like someone already said, getting that kind of $$ for a lemon is GREAT!!! Jump on it. These forums are for the open exchange of information, not for lies as you state them. Your lawyer is an idiot, if he really said any of what you say. It flat isn't true. So, either he is lying to you (which makes you the loser) OR you are lying to us (which keeps you as the loser). LOL!!

If you really had a lemon, why the heck would you even consider trading it in? Why not just let your fancy lawyer do his pro bono work for you as you ride in a free car? You could even go ahead and get the new car. don't forget that the lemon law will get you all your money back, so no worries. Just enjoy the free miles.

Keep one thing in mind, though. ALL things in life have a price. Driving a brand new MB does, too. You want something to hold its value? Get a used , old , high mileage ANYTHING and it will. Sounds like that is what you are used to.

Keep bashing and I am sure MB will care. HAHA!! Love how natural selection gets rid of your type. I just hope MB will hurry up and cave so you can go away.

tbone

HAHA, nice choice of words! A TRUE scientist at work!

tbone

I agree with you on that. He did get a great deal...opened my eyes up when he asked if it was a good deal, especially with the low mileage.

hdang221

well one doesnt necessarily buy a car for appreciation purposes. sounds like u should of invested in a CD or bonds. heck you would of done better if you simply put you $$$ in a savings account.

look when someone buys a nice car.. one tends to enjoy it. especially a luxury sedan. if u got the cash to buy a 50K + car than you shouldnt have to worry about depreciation. unless you're living beyond your means. like many above who have posted.. sell your car and move on.

im sorry to hear you had a bad experience w/your car. maybe you'll have better luck with the another make.

2K6E55

Hahahahaha... Well said Jangy!

RoyBenz: A car is NOT an investment! If you cant deal with depreciation, stay away from LUXURY CARS and buy yourself a Hyundai!

tbone

I totally agree. I bought one of the 1st cars available (took delivery Dec. '02), knowing full well I may experience 1st year gremlins. I also knew, practically speaking, cars are not worth $60K+. I also knew I'd get the same car, used, a year later for a lot less, but did I care about any of this? Nope! I bought the car cuz I liked it and wanted it. Luckily for me, I haven't had any issues with my car.

sessayan

Sounds like I can get a deal on an E - class. Will you take 26K?

revstriker

These boards are open to both positive and negative opinions. But when you create a thread, you are basically seeking the opinion of others. Don't be a baby when those opinions differ from yours.

What consumer surveys say this? Please post a link. I think you are talking out of your backside here.

I think your lawyer is blowing smoke. But if he gets you to believe this, then you will be understanding when the case drags on, and you will think he's a "top lawyer" if he actually wins anything for you. Don't be so naive.


Here's a newsflash, no car company will admit something is "their fault" and they will do everything they can to prevail in court cases.

I hope you are not relying on the law firm for this information. Any firm can claim that they are the "best in the state".

If you truly did get a lemon, well than that's too bad. But as I said before, EVERY car company puts out lemons. The mistake is believing that your car or your experience is typical. It is not.

sklasse

what idiot would pay 40K for an 04 w/ 50K ( no warr) , when a 07 revised model can be had for a 20 % more money. and FULL warr, the warr itself pays for the 10k.difference. i 'm hearing good things about the steering & 7G on the 07...

Also, if you wait another 6 months, you'll see below 30K..

55fanatic

whats different from the 06 7spd and the 07?

tbone

HAHA, hey Roybenz, the private market is offering 26K. Take the 34K from the dealer and run!!

Mr.Gearhead

Man... this forum is getting rough. HAHAH

40K for a preowned Eclass... heheh I just got my 2006 E350 for 47K... however the dealer did get my 02 E320 SE loaded w/29K for $21,500. Hey- I wanted the 06... what can I say. Both great cars... But this time, I leased the 06 and hopefully will get a new E55 in 09... pppss I mean a E63... or is that an E71 twin turbo Dr.Z machine...hahahahah Can't go wrong buying a Mercedes... just too damn nice of a car!

CynCarvin32

1) So your car is worth 37k and it is 2 years old. 59k - 37k = 22k loss over 2 years.

My E55 for example 91k (in 2004) now worth oh... 58k. 91k - 58k = 33k loss over two years. I bet my cars not worht 58k I bet its worth 55k so it could be worse.

I could cry all day that used E55's are are hard to sell and that the market is flooded with cars that just are not selling. Would that do me any good? Nope! Such is life. Cars fall in value and when you make 2000+ limited edition vehicles of one model over 3 years you tend to not be so limited in edition! Oh well... I will still live....

So lets see here you are moaning because of what? Premium cars fall in value like stones for a good reason. People with the cash to drive a car like a 60k e-class will just go buy a new one (non lemon) and now worry with a used car. To make it worht the risk of a used car you have to have a good reduction in price. Also, these cars are so common right now that there are a billion used cars sitting around waiting to be sold. Supply and Demand. Simple.

Be happy you dont drive a 2005 CL65. 186k new and now going for 85k at used car auctions all day long. Thats a 100k loss in what a year and a half? Consider your loss petty.

2. Find me a GM car that held its value? What GM the maker of all rental vehicles because no person in their right mind would take a GM over an import. There is a reason the US auto industry is in serious trouble (no money to design new chassis etc) and its not because their cars are selling well and holding their value. Cars with 5k cash back when sold new tend to STINK on the used market.

If you simply dont like your E500 fine so it goes enjoy the lexus. Most people who bought a MB expecting some sort of magical vehicle get depressed and go buy a lexus. I my self would never drive a Lexus being that are devoid of passion and any sort of fun. Just went to a MB track event where they had a closed road course and a list of competitors vehicles (to showcase the the S and E classes). The lexus was by far the worst of the bunch. But that is my take.

cyclerider

So excuse me for being confused. How can you trade this car in at a (Lexus or BMW) dealership and simultaneously force M-B to repurchase it under the lemon law? What am I missing here? Does your "best in the state legal firm" know you are plotting to trade in their evidence? Enlighten us, Roy.

2K6E55

Yeah, do it quick before your stealer decides to give you 20K for it since it's a LEMON!

Mr.Gearhead

Hey.. Hey... easy on GM... you can get a 1967 427 Corvette for about... $100K now days. HEHEH

I have a 70 so I am partial. The New vettes kinda hold their value...

Kidding aside... all valid points.

Good luck with the Toyota... I mean lexus... JUST KIDDING

2K6E55

Yeah, hopefully it will be 09 E63TT.

revstriker

Probably someone who doesn't have the extra 10k to spend.

Flash Gordon

Bimmer is no better in trade-in value. Based on recent feedback on resale value of MB, I would suggest that you lease it. The residual value is most likely higher than the resale value. I would lease it given a second chance!!!

Flash Gordon

I'll take that back. Given a second chance, I would not buy the MB, period.

sklasse

I agree......

edspider

Not to be redundant, but when I buy a car I do think about depreciation cost. My gut instinct told me MB will depreciate faster than similar brands. But I negotiated a discounted price to help make up for that. I am also aware of so many other factors. For example, options depreciate even faster if not instantly. Perhaps an except for NAV. Most mods depreciate instantly. I knew the 07 styling changes would hurt a bit. A new model release in 09 will hurt more. What is the cost of gas. There is also the obvious condition and mileage.

All in all, $34K sounds reasonable for a dealer trade-in value.

VTBenZO

I test drove a '03 E500, 46k miles, for $29k!!! Is that a good deal?


Thanks