Ok..here's the deal from the stealership
02-10-2004, 02:01 PM
#1
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Ok..here's the deal from the stealership
As mentioned before a family member has been looking for a new E320. We want to trade in a 1998 E320 with 77K miles on it. This is what we found.....dealership has a used 2003 E320 with 10K miles on it. Has heated seats, heated steering wheel, 6 disc CD changer, HK sound system, moon roof. dealer has it listed for $46,900.
here's the deal.....Dealer will sell us the car after the trade in for $30,500, and we weren't liking the idea of 1 year of payments with no warranty left, so dealer will starmark the car for 1 year after factory warranty runs out. Monthly payments will be around $599 a month with 4.9% APR
Should we bite?? It would be cheaper than buying an 04, but is it worth it??
Thanks for the advice.
here's the deal.....Dealer will sell us the car after the trade in for $30,500, and we weren't liking the idea of 1 year of payments with no warranty left, so dealer will starmark the car for 1 year after factory warranty runs out. Monthly payments will be around $599 a month with 4.9% APR
Should we bite?? It would be cheaper than buying an 04, but is it worth it??
Thanks for the advice.
02-10-2004, 02:07 PM
#2
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05 C320 sport coupe
How long do you intend on keeping the car? I am a big fan of buying a car with some mileage on it due to the big savings. If you only plan to keep the car for 3 to 4 yrs..I say go with it.
If you intend to drive the car till it dies, then I say go new so that there are no secrets in the car.
If you intend to drive the car till it dies, then I say go new so that there are no secrets in the car.
02-10-2004, 02:07 PM
#3
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S4
i'd say go for a brand new '04...
sell your car privately you will get more for it, then try getting a good deal on a new 'o4 e-class (some are selling below invoice according to a couple of threads here)
the 2004s are way better than the 2003s IMO bcs they have better seats and come standard with command, plus you will be getting a brand new car...
sell your car privately you will get more for it, then try getting a good deal on a new 'o4 e-class (some are selling below invoice according to a couple of threads here)
the 2004s are way better than the 2003s IMO bcs they have better seats and come standard with command, plus you will be getting a brand new car...
02-10-2004, 02:14 PM
#4
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I think the goal is to keep it around 4 to 5 years. It would be hard to sell it privately since once it sold, she wouldn't have a car to drive. She kinda needs to go right from one to the other. She isn't interested in command. Dealer stated that he could sell us a 2004 for $1000 over dealer invoice. But going with the used one saves us around $8K. She is not putting any money down, just the trade-In. She would also save money on taxes going used....correct?
02-10-2004, 02:53 PM
#5
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11 ML350W2 / 17 GLC300
Most states only charge tax on the difference between the sale price and the trade in. This is a real scam for the car dealers. They will take a car from their lot and use it as a trade in for a personal car and then buy back the trade in for the same price - 30 seconds later. They call this a courtesy to each other! The state, you & I, get the shaft.
02-10-2004, 06:15 PM
#7
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Re: Ok..here's the deal from the stealership
Originally posted by Stiggs
As mentioned before a family member has been looking for a new E320. We want to trade in a 1998 E320 with 77K miles on it. This is what we found.....dealership has a used 2003 E320 with 10K miles on it. Has heated seats, heated steering wheel, 6 disc CD changer, HK sound system, moon roof. dealer has it listed for $46,900.
here's the deal.....Dealer will sell us the car after the trade in for $30,500, and we weren't liking the idea of 1 year of payments with no warranty left, so dealer will starmark the car for 1 year after factory warranty runs out. Monthly payments will be around $599 a month with 4.9% APR
Should we bite?? It would be cheaper than buying an 04, but is it worth it??
Thanks for the advice.
As mentioned before a family member has been looking for a new E320. We want to trade in a 1998 E320 with 77K miles on it. This is what we found.....dealership has a used 2003 E320 with 10K miles on it. Has heated seats, heated steering wheel, 6 disc CD changer, HK sound system, moon roof. dealer has it listed for $46,900.
here's the deal.....Dealer will sell us the car after the trade in for $30,500, and we weren't liking the idea of 1 year of payments with no warranty left, so dealer will starmark the car for 1 year after factory warranty runs out. Monthly payments will be around $599 a month with 4.9% APR
Should we bite?? It would be cheaper than buying an 04, but is it worth it??
Thanks for the advice.
You can get 04 E320s a little over invoice or below MSRP. My car has the pano roof, sport/appearance pkg, keyless-go, cd changer and I think that's it. Mine listed for $56k and I got it for $49k...though I'm sure it also depends on the trade-in that you're giving them.
For $46k versus a $49k (if you haggle the heck out of the salesman), I'd say go for the newer one of course.
