E-Class (W211) 2003-2009

Dealer wants to buy my car. What's really going on?

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Old Nov 27, 2008 | 02:27 AM
  #1  
spclagent7's Avatar
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2016 E350
Dealer wants to buy my car. What's really going on?

Got a letter from the dealership that sold me my car. Letter says that they have a shortage of 04 E320s, and that they want to buy mine. Conveniently they have 2.4% APR financing available for new cars.

Safe to assume this is simply a ploy to spur new car sales?

Sorry for my ignorance, but I just want to confirm.
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Old Nov 27, 2008 | 02:35 AM
  #2  
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i've received similar messages in the past as well...trust your instinct.

fyi, i'm seeing 05 E500's with AMG package going for $20k and 06's going for $24k at the retail level. therefore, you can adjust your expectations accordingly for 1 yr older car and with 6 cylinder vs. V8.

my gut feel - i think the dealer will likely lowball you with $10-12k offer.

let us know how it goes.
Patrick
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Old Nov 27, 2008 | 04:13 AM
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Dealers do this all the time. They just want you to purchase a new car.
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Old Nov 27, 2008 | 10:44 AM
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Originally Posted by spclagent7
Got a letter from the dealership that sold me my car. Letter says that they have a shortage of 04 E320s, and that they want to buy mine.
More often than not “hook, line, and sinker” tactic, if you are contemplating getting a new MB be patient wait a bit, do not trade but rather sell your vehicle on your own, and read this http://www.signonsandiego.com/uniont...1b19ports.html
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Old Nov 29, 2008 | 08:05 AM
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Originally Posted by konigstiger
More often than not “hook, line, and sinker” tactic, if you are contemplating getting a new MB be patient wait a bit, do not trade but rather sell your vehicle on your own, and read this http://www.signonsandiego.com/uniont...1b19ports.html
Wow, that's insane. What are you alluding may happen though by being patient out of curiosity? I'm assuming it may be M-B might start blowing out those vehicles at incredibly and unforseen low costs if they keep stocking up and sitting? Man, makes me kinda "trigger happy" in considering another M-B soon
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Old Nov 29, 2008 | 08:36 AM
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you guys should see the deals on 08 S550s.

they are getting discounted over 20k.
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Old Nov 29, 2008 | 10:49 AM
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Its a Buyer's Market for almost everything right now, particularly cars. No dealer is moving any product right now, so if you've got the cash or credit score you're good to go! Believe me there's no shortage of used/off lease product on dealers lots right now.
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Old Nov 29, 2008 | 09:00 PM
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Originally Posted by Oliverk
you guys should see the deals on 08 S550s.

they are getting discounted over 20k.
No surprise. However entire stock is P1. So I doubt if somebody is willing to pay upper 30s just for the badge.
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Old Nov 30, 2008 | 12:21 AM
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Originally Posted by Barry45RPM
Its a Buyer's Market for almost everything right now, particularly cars. No dealer is moving any product right now, so if you've got the cash or credit score you're good to go! Believe me there's no shortage of used/off lease product on dealers lots right now.
But Barry and Konig... They sent me a letter saying they have a SHORTAGE of 04 E320s!!!
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Old Nov 30, 2008 | 12:31 AM
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If production of most cars is slowing down now, then you can expect that E320 will be even more valuable in next couple years.
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