iforget2breathe

Hello everyone!

I am in the market for a new used e550. I went to a dealer to check out a 2014 Mercedes e550. They had two in stock- one blue with tan interior, mileage 41,000 and asking price $26,600- negotiated down to $25,600. I placed a deposit of $300 (refundable per sales man and he let me choose how much the deposit was for).

Problem is, I feel like this deal is too good to be true. I checked the market for prices that it’s going for and this particular car was by far the cheapest. The same dealer has/had another 2914 e550 with 47,000 miles and it’s on their website for $29,600. When I asked about it, the salesman said they already sold it and it just takes a bit to get off their website.

Both vehicle Carfax are clean and have same exact features. Why would a lower mileage car (41,000) be priced lower ($25,600) vs higher mileage (47,000) priced higher ($29,600)? I’m definitely bringing it to a mechanic if I want to move forward but very worried it’s too good to be true. Dealer says it’s such a good deal because it’s priced to sell...

dn325ci

Worth investigating as you're doing, but the dealer's margin expectations are absolutely a key variable in the equation as you suspect. It always is. I have bought a number of BMW's and I end up never buying from the closest dealer to my home (even though I give them a shot every time) because they don't even come close to negotiating like the one 20 miles from my home. No matter - they service it anyway, and they love my service business. So it's a happy/happy deal.

Don

MaschioneCazzuto

The MY2014 E550 is the face lift a requirement for you. ..the MY10,11,12 have the hockey lights that's another E550 option to look into same output. I had an 2010 E550 but it from one owner corporate registered vehicle had 20k miles. Fully loaded. Paid 25k in 2014 flipped when I upgraded to my beast. You can find great deals on the MY 10-12. The face lift E550 dealers will want more because of theach model being discontinued some seeing as a "unicorn". Also get a third party inspection trusted one. Get a print out of all the diagnostics.

KEY08

thefisch

I would worry about some old listing on the website. If the car checks out and you want it, you can always pay them more if it makes you feel better.

cetialpha5

Those are good prices for an E550, it's more like an E350 price. Anyway, the reason for the difference could be the options. A basic E550 without any options, like no pano, no parktronic, no keyless/dynamic LED, could be much lower than one that has all the options. The driver assistance package and the lighting package are two good ones to have and still somewhat hard to find both in an E550, usually one or the other. You could also run an autocheck, you can get cheap ones for under $10 on eBay. Sometimes carfax misses accidents than autocheck finds. Of course you should always check yourself for accidents, not all body shops report their work.

The cheapest E550 on MB's CPO website is $34-42k

LemonSqueezy

25,600 sounds like a hell of a good deal, PPI is probably a must if vehicle is not a CPO. Since none of us have seen the listing for the car, we can only assume. Available options tend to be a big factor, lots of time dealer website pricing is higher than in person pricing because "oh we recently just dropped the price down $3000 yesterday" line gets used so people try not to negotiate even further. It's possible the higher $$ car sold for way less for all we know.

ghlkal

Yup, that happens.
Dealers price cars based upon a number of factors, including how much they have into the purchase.

If you like the car, and it checks out, buy it. It's a good deal for an E550.