emillswrx

It's been a great 4 years, but I'm contemplating moving on from my 2011 E550. I'm curious to get a sense of potential value from people who know these cars. I know what KBB says, but what do you think is realistic based on the following:

2011 E550 4MATIC
162k miles, 95% highway
diamond white natural brown leather interior
AMG rims, sport package, P1
air suspension (upgraded under warranty already)

I purchased the car CPO 4 years ago and have added 122k miles. Meticulously maintained by local Mercedes specialists, all service records available.
Car is in very good condition for it's age, no mechanical issues, a minor crack in one rear taillight and the lower honeycomb grill.

I'm confident she'll run strong for years to come, I'm just looking to change things up and go back to driving a manual transmission before they all disappear.

KBB says between 9.5-11.5k, what do you think is realistic?

KEY08

Peachy

That sounds about right.

MaschioneCazzuto

I sold my w212 MY11 E550 to family member. I had bought it used from the original owner. He barely drove it had really low miles it was his car to take wife out Friday nights and he was retired. I basically stole it. Paid him cash. He had bought it new. I drove the hell out of it for a year flipped it to my younger cousin made $1k off it. Sell it privately if you can.

thefisch

My 2011 has 87k on it now and it's hard to believe it is worth less than $15k. Feels worth so much more than that. I agree that OP could probably get more via private sale - hopefully you'll find a motivated buyer or cousin.

MaschioneCazzuto

Nothing like driving a manual the visceral feel one gets is worth it.

Arrie

Yeah,

I'm in the same situation with my 2010 E550. Car has all options other than night vision and rear seat entertainment.

Thought to trade my car in for a S-class but the trade-in value is so ridiculously low. KBB says $9.5k - $11.6kk with the 150 000 miles on the car. My miles are 85-90% highway meaning that the actual mileage comparing to a city car is only about 50000.

When I use 50 000 miles on the KBB estimator the trade-in value jumps to $16.7k - $19.0k.

But all that matters is the mileage on the car. Nobody cares if it is highway or city miles. For me this means I will keep the car and shed the extra $10k if I go with the S-class or anything else. No way I will give this car "for free" to anybody. I have taken very good care of the car and in my opinion it is worth close to that $20k but nobody will pay that for the high mileage it has, It will serve very nicely as my second driver whenever I get another vehicle.

KEY08

kajtek1

162,000 miles cars are hard to sell (unless diesel) so don't get too exited.
I like to change cars every few years only to see new technology and since I am buying cheap, I sell cheap as well.
The best way to shop for new (used) car is to do it when you don't need another car.
Than to get rid of old one, I put it on ebay with $1 starting price and no reserve.

emillswrx

Thank everyone. I agree that the market value doesn't reflect the real value of the car as it's rock solid and gorgeous. I also think the NA V8 is bulletproof from what I read so it's a lower risk proposition for the long haul. Sadly I still owe payments on the car that are close to it's trade-in value...I should just be patient and hold for a while longer most likely...or find a really good deal on a GTI or something manual and fun and convince my wife that I need to keep it!

KEY08

Bahnstormer

Just looked at the photos of your car in the Classifieds and someone's going to get a helluva deal on a great ride. For that kind of money you couldn't buy a nicer vehicle. GLWS.

cetialpha5

That doesn't make any sense. The market value of the car is the real value of the car. The market decides, it's all about supply and demand. There's no shortage of used cars out there and there are many other cars you can buy for 11k. Owners always feel that their car is worth more than it actually is and buyers always feel that owners ask for more than it's worth.

bob2011

Good to know that these cars can run this long, A testament to build quality and refinement!

hyperion667

Can be a tough pill to swallow sometimes........the cost of a MB after owning it a while........but the KBB is pretty good. You could always try auto trader, or whatever, to see what they're selling for, with those miles, for similar prices.......good luck to you.

Dane500

Whoops

Skbrod

I have currently 182,000 miles and counting on my 2011 E550 convertible, Haha I’m probably going to keep it till this summer and trade it to the dealer for a GLE. Bought the 550 in 2016 with 40k miles on it, loved the car to death, but the tires and rims just kept costing me so much money and then the steering wheel column locked and that cost 3k so I’m about ready to let it go… hopefully I get the 8-10k trade in value

MBNUT1

In normal times no way would it bring that on trade but no telling nowadays.

Also your car is part of a different forum (A207)