Advice on Deal
I drive a 335i and am planning on picking up a E350 for the household as well.
The model I'm looking at is a 2013 CPO with 16k miles on it. It is white exterior with a tan interior. Sport line. P1. Carfax is clean and car shows it's been serviced well.
The dealer is asking for 41k for it. Is this a good deal or can I do better? If so, how much better?
Also, the wheels on the car are these.
Shouldn't the sport line have the AMG labeled wheels (dual-spoke 5star)?
Would appreciate any information. Thanks.
Last edited by harkirath; Feb 24, 2014 at 04:27 AM.
Here are the details of my 2013, CPO, 13k miles. purchased 1/9/14:
Sale Price: $48,491
Final: $46,300
TTL: $3056
Doc fee: $295
Pre-paid maintenance: $1299
Out the door:$50,950
2013 E350 4MATIC®, Mercedes-Benz Certified, 4D Sedan, 3.5L V6 DOHC Direct Injection, 302hp, 7-Speed Automatic, Black, and Almond Beige Mb. Nav. Premium 1 Package (COMAND® System w/Hard-Drive Navigation, Heated Front Seats, iPod/MP3 Media Interface, iPod/MP3 Media Interface Cable, Power Rear Window Sunshade, Premium Sound System, and SIRIUS Satellite Radio), 17 8-Spoke Alloy Wheels, 4-Wheel Disc Brakes, 8 Speakers, ABS brakes, Air Conditioning, AM/FM radio, Anti-whiplash front head restraints, Auto tilt-away steering wheel, Auto-dimming door mirrors, Auto-dimming Rear-View mirror, Automatic temperature control, Bodyside moldings, Brake assist, Bumpers: body-color, CD player, Comfort Suspension, Delay-off headlights, Driver door bin, Driver vanity mirror, Dual front impact airbags, Dual front side impact airbags, DVD-Audio, Electronic Stability Control, Emergency communication system, Four wheel independent suspension, Front anti-roll bar, Front Bucket Seats, Front Center Armrest, Front dual zone A/C, Front fog lights, Front reading lights, Fully automatic headlights, Garage door transmitter: Homelink, Genuine wood console insert, Genuine wood dashboard insert, Genuine wood door panel insert, Head restraints memory, Heated door mirrors, Illuminated entry, Knee airbag, Leather Shift Knob, Leather steering wheel, Low tire pressure warning, MB-Tex Upholstery, Memory seat, MP3 decoder, Occupant sensing airbag, Outside temperature display, Overhead airbag, Overhead console, Panic alarm, Passenger door bin, Passenger vanity mirror, Power adjustable front head restraints, Power adjustable rear head restraints, Power door mirrors, Power driver seat, Power moonroof, Power passenger seat, Power steering, Power windows, Radio data system, Rain sensing wipers, Rear anti-roll bar, Rear fog lights, Rear reading lights, Rear seat center armrest, Rear window defroster, Remote keyless entry, Security system, Speed control, Speed-sensing steering, Steering wheel memory, Steering wheel mounted audio controls, Tachometer, Telescoping steering wheel, Tilt steering wheel, Traction control, Trip computer, Turn signal indicator mirrors, Variably intermittent wipers, and Weather band radio. Mercedes-Benz Certified Pre-Owned means you get an additional 12 months Limited Warranty on top of the existing factory warranty, or up to 100,000 miles of coverage. We also do up to a 162-point rigorous inspection/reconditioning, 24/7 roadside assistance, trip-interruption services.

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CPO 2011, with extended warranty up to 7 yrs (4yr original+1CPO+2 bought extra see below)
350 4 matic 33k miles, Pkg 1, sport pack, rear decklid spoiler, rear sunshade automatic
2 yrs included maintenance 40k and 50 k maintenance
33900 for car
1400 for Warranty extension (100 USD deductible)
199 dealer fee
The car is a CPO and must be in mint, OEM condition, They are 38500 range in the AUCTION in average condition before recon and cost of CPO certification. Why would you think the dealer would sell retail for 38k? Where in this country do you see a 2013 CPO with that miles for under $40k even.
Its like Walmart has a samsung TV worth 500, and try to sell it for 520. They can get 500 back from samsung easily for all unsold inventory. Why would they sell it to you for 480... below the wholesale returnable value?
everything has a wholesale value, even if its advertised at 41 you can not assume its 3k less after dealing. It may be a loss leader to get ppl in, or old stock where there ready to dump it to the auction, but not below auction.
If 2013 CPO were easily available at 38k, they would be "flying off the shelf".. 20k below msrp on a 1 yer old MB with unlimited miles wrrty. sweet deal.
The car is a CPO and must be in mint, OEM condition, They are 38500 range in the AUCTION in average condition before recon and cost of CPO certification. Why would you think the dealer would sell retail for 38k? Where in this country do you see a 2013 CPO with that miles for under $40k even.
Its like Walmart has a samsung TV worth 500, and try to sell it for 520. They can get 500 back from samsung easily for all unsold inventory. Why would they sell it to you for 480... below the wholesale returnable value?
everything has a wholesale value, even if its advertised at 41 you can not assume its 3k less after dealing. It may be a loss leader to get ppl in, or old stock where there ready to dump it to the auction, but not below auction.
If 2013 CPO were easily available at 38k, they would be "flying off the shelf".. 20k below msrp on a 1 yer old MB with unlimited miles wrrty. sweet deal.
Auction pricing is one of the main foundations that supports any value - especially for MB Dealers.
The most likely scenario is that this particular car is a trade in to the original selling dealer and there could be many variations as to why such a newer car is traded in.
I'd ask to see the Carfax - this will tell you where the car was bought and if the car was resold through Auction. Here in SOCAL where traditionally this is a Mercedes buyers market that 41k price is more than competitive.
If you find that this was indeed a car traded in to the original dealer also ask the dealer for the reasons.
It cost about $1,500 for a dealer to CPO a E350 - then add the servicing and necessary reconditioning (if needed) to this cost.
If it's truly a MB CPO then you'd get the unlimited mileage for the extension of warranty - 2 payment rebates - 1.99% financing and 2 prepaid services.
You'd be foolish - in my opinion - to let this deal slip through your fingers.
I also suggest looking at a P2 and distronic car if you have time. It changes the car to real state of the art high tech vs nice luxury sedan.
I also suggest looking at a P2 and distronic car if you have time. It changes the car to real state of the art high tech vs nice luxury sedan.
I think this deal is too good to pass on and I'll save the P2 for a brand new purchase sometime down the line.
Also, gauging the current market for 2013 CPO E350's with P1 and sport. Saw one with 16K miles listed at $44K - assume some room left? Car appears to be the original selling dealer, no auction.



