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GLE 2020 CPO

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Old Jul 5, 2020 | 02:19 AM
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GLE 2020 CPO

I found this GLE 350 MY2020 w/ about 9k miles on it. It's listed as a CPO. MSRP is 68k. Nicely packaged. They are selling it for about 60k.
Carfax shows that this was a corporate vehicle. What does this mean?

I'm currently shopping for GLE 450, pretty loaded (MSRP ~85k). Now that I came across this vehicle, it's very tempting to seriously consider it. All new inventory GLEs have little to no discount off MSRP.

What should I be mindful of? Is this a good deal? As it's nearing 10k, should the dealer cover some of the maintenance stuff? Is there a formula to calculate depreciation cost based on miles to see if their amount off MSRP is fair?

Thanks!
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Old Jul 5, 2020 | 11:34 AM
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Caveat emptor. Beware. This vehicle is on the new V167 platform, and is experiencing many teething pains in its launch. Read the V167 section of this site. Be more cautious if you have not owned a Mercedes before. From your profile it looks like you own/drive a BMW X3. BMW reliability is several notches better than M-B.

Corporate can mean either a service loaner vehicle or a "punched" vehicle that the dealer purchased from Mercedes and sold on their own terms as preowned. This happens relatively often at my local dealership, usually with the most luxurious or high performance models.
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Old Jul 5, 2020 | 02:52 PM
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Price is too high for 9000 mile used car CPO or not.

Check TRUE CAR, kbb, nada, and all the used car web sites to see what they go for in your area
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Old Jul 5, 2020 | 03:17 PM
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Avoid, these first year models are riddled with issues, especially with all the wonderful tech.

Also, I would stay with your plan and go 450. For me that's the starting point for this SUV. The 350 is lethargic at best, pulling around 4500+ pounds with a four banger. Ridiculous.
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