Help with purchasing CPO 2013 e350




Just be sure to get everything you want addressed before you drive off the lot. I've too many stories of dealer promises and then after the sale they push you off.
Once I get all the information I need, I will update everyone.
Thank you for everyones feedback and every response is great appreciated!

I paid $24.5k for the car and after TTL it was a hair under $27k OTD
I'm talking $26,997 or something.
My credit union gave me 0.99% interest for 5 years.
I just had the schedule B service done at 37k miles at the dealer. There was a bit of switcharoo on pricing I will do a right up on but in the end they honoured what they told me over the phone and also had listed in my profile.
I'd say I wouldn't give more than $27k for that car.
Oh at the kid's tennis tourney this past Saturday my buddy offered me a 2015 e350 with 20k miles for $30k. It is his neighbor. She went from a 09 S550 to the E350 but needs to go back to the S550 because she misses the space. I think I can get that for $28k.
Just to let you know what's out there.
GLWP
I paid $24.5k for the car and after TTL it was a hair under $27k OTD
I'm talking $26,997 or something.
My credit union gave me 0.99% interest for 5 years.
I just had the schedule B service done at 37k miles at the dealer. There was a bit of switcharoo on pricing I will do a right up on but in the end they honoured what they told me over the phone and also had listed in my profile.
I'd say I wouldn't give more than $27k for that car.
Oh at the kid's tennis tourney this past Saturday my buddy offered me a 2015 e350 with 20k miles for $30k. It is his neighbor. She went from a 09 S550 to the E350 but needs to go back to the S550 because she misses the space. I think I can get that for $28k.
Just to let you know what's out there.
GLWP
It was CPO on the MB lot for a month then it went to the Porsche lot, then the Maserari lot where I bought it from.
I took it for schedule B service the other day and that dealer sent me an email congratulating me on my CPO car and asking if I wanted to extend the CPO warranty.
I personally think CPO on cars this new is not worth the premium if you don't keep the car passed the warranty expiration.
Location/Region also plays a great deal in auto prices. I've found the cheapest cars in Florida.

It was CPO on the MB lot for a month then it went to the Porsche lot, then the Maserari lot where I bought it from.
I took it for schedule B service the other day and that dealer sent me an email congratulating me on my CPO car and asking if I wanted to extend the CPO warranty.
I personally think CPO on cars this new is not worth the premium if you don't keep the car passed the warranty expiration.
Location/Region also plays a great deal in auto prices. I've found the cheapest cars in Florida.
Sorry guys but need some feedback again. This all smells like BS lol.
Leave him your number. Ask him to call you the day before it rolls down the auction lane at Manhiem, because that is where it is going. $27.5 to $28.5 is fair for you and the dealer.
Try calling some local high end used car dealers and see if they will bid for you at auction for $1,000 guaranteed profit. The auction fees are about $500. Once you get into the auction web sites you will see probably 400 similar cars. That one is no special snowflake. Pick the car you want and take your chances. Most of the cars are very transparently represented since the dealers who sell to other dealers have reputations to protect. Mine had a 2mm scratch on it that was documented ... took me three weeks to even find it, but it was on the report.
Leave him your number. Ask him to call you the day before it rolls down the auction lane at Manhiem, because that is where it is going. $27.5 to $28.5 is fair for you and the dealer.
Try calling some local high end used car dealers and see if they will bid for you at auction for $1,000 guaranteed profit. The auction fees are about $500. Once you get into the auction web sites you will see probably 400 similar cars. That one is no special snowflake. Pick the car you want and take your chances. Most of the cars are very transparently represented since the dealers who sell to other dealers have reputations to protect. Mine had a 2mm scratch on it that was documented ... took me three weeks to even find it, but it was on the report.
Last edited by ocpun; Nov 1, 2016 at 04:12 AM.
The Best of Mercedes & AMG
You seem like a nice guy. They have a business and they need to make money. You are not wanting to pay that much. Although the sales manager has the power to make deals, he or she still may not be willing.
So my suggestion really is to call around to a few independents and try to get them to let you look at their auctions. If you are a car enthusiast it is fun and if you get a lemon you'll be in good enough shape at wholesale to fix it. At auction that car is probably 21 to 23.5K.
I hope this does not sound condescending, but over the years you learn how to do deals, who you can work with, where you're going to pay retail and why it's worth it in many cases (and not in others). It breaks down to whether you have more time, or more money. It seems you have time. So. I'd try to get someone to worth with you on buying a car wholesale. Just know:
- you will probably do well on the price
- no whining
- you'll have to clean it
- you might have to do a B Service
- there will be little nit noid things you have to fix (mine was a Mercedes CPO, picked up at auction - still needs a new cup holder and the bottom of the front bumper got slightly torn by getting towed
It will be a fun adventure.
Sometimes dealers are too heavy(own it for too much) into used cars and they honestly can't sell it for enough to break even. As was previously mentioned eventually they go to auction so at that point they would meet your price but they haven't had it long enough yet.
Have you found anything similar from another Mercedes dealer advertised near the price you want?


The car is worth what you can buy it for and what a similar deal will cost you at other dealers. Then you need to factor in the fact it is a known commodity. Unless someone is standing there offering you a comparable unit with all the same features and warranty for less money, go back to the dealer. Quit jacking around, pull the trigger and put money on the table calculating you can buy the car from between $27,500 and $29,000. For that money you get the right car in the right condition. There are no service ribbons for saving a $1,000 when you buy a Mercedes. The dealer is not going to commit until you do and the time is now!
The fact you keep emailing, calling, visiting, coming in VIP meetings(???) just tells them you don't really know what your doing.
If I knew the car like you(no test drive neded) I would have been in the dealer 1 time maybe 20 minutes and either walked out with the car or been done with it. A good sales manager would also know that was the case as they make a living reading people.
Let us know how it ends up. If nothing else this is a good learning experience.

And to add to the above, the sales manager already read you. They probably already made their numbers for the month because yesterday was the end of the month and they didn't do anything to push the deal through. They know that 90% of the time when someone walks out, they don't come back. As you're a regular customer, you came back so they knew they could work you a little more.
Sometimes dealers are too heavy(own it for too much) into used cars and they honestly can't sell it for enough to break even. As was previously mentioned eventually they go to auction so at that point they would meet your price but they haven't had it long enough yet.
Have you found anything similar from another Mercedes dealer advertised near the price you want?
The fact you keep emailing, calling, visiting, coming in VIP meetings(???) just tells them you don't really know what your doing.
If I knew the car like you(no test drive neded) I would have been in the dealer 1 time maybe 20 minutes and either walked out with the car or been done with it. A good sales manager would also know that was the case as they make a living reading people.
Let us know how it ends up. If nothing else this is a good learning experience.
Even if i end up not getting the car, this has definitely been a great learning experience and i hope everyone can benefit from this as well!
And to add to the above, the sales manager already read you. They probably already made their numbers for the month because yesterday was the end of the month and they didn't do anything to push the deal through. They know that 90% of the time when someone walks out, they don't come back. As you're a regular customer, you came back so they knew they could work you a little more.
The car is worth what you can buy it for and what a similar deal will cost you at other dealers. Then you need to factor in the fact it is a known commodity. Unless someone is standing there offering you a comparable unit with all the same features and warranty for less money, go back to the dealer. Quit jacking around, pull the trigger and put money on the table calculating you can buy the car from between $27,500 and $29,000. For that money you get the right car in the right condition. There are no service ribbons for saving a $1,000 when you buy a Mercedes. The dealer is not going to commit until you do and the time is now!
If you all feel I am soliciting and have got too much advice already, lets end this thread. I just wanted to share my experience with everyone and learn from it as well and I hope other future MB buyers can learn from this thread as well. Again thank you everyone who gave me feedback whether positive or negative.




I did not understand foreclosure auctions. Now I've done over 100 and made (and paid taxes on) over a million in profit. Lost money on 3. There is more to go wrong on a real estate transaction than a car.
I did not understand auto auctions, so I figured it out. There is not sufficient margin in your business for me to do it for anything other than a way to save 15 to 20% on a car. I can understand why dealers do the things they do, particularly with predatory lending, to make ends meet.
The guy's problem seems to be that he's in love with this car and you did not help him understand that, if maintained, an excellent car and a rough car can be defined by a visit from a paintless dent guy, some tires and a good detail. There is much greater transparency on Manheim than there is at your average Mercedes dealer and the average inventory at CarMax isn't even in the same league.
The great thing about your "lions' den" is that the dealers are professional buyers and tend to be very objective about pricing. They do not overpay. They do not fall in love. So, if he finds what he likes he can get it within $1,000 of MMR and still be $4,000 under the dealer's price.
A better argument could be made that with interest rates as low as they are right now $2,000 isn't that big a deal. Either of the whackadoodles on the ballot are likely to result in higher inflation going forward, so now might be a good time to lock in.


