ScottCLS55

tell me your input..

vraa

That's like 20k miles per year.
How?!

ScottCLS55

Its a lease car I'm thinking about buying. Even worse, it has a Wald (ithink) body kit and some ugly *** spinner wheels. Bad tint job also.

Wachovia leasing has it.
I would like to buy it for 45k. they have been going for 58-65 with 10-16k miles

vraa

If it's got an ugly kit, ugly spinners, and an ugly tint job, why are you even thinking about it?

I'd just get a car that you actually like. Not even 590lb-ft torque can make up for really bad looks!

ScottCLS55

pic

ScottCLS55

because that is what I do, I will recondition it with original bumpers and wheels. Actually I have a set of amg chrome wheels/tires already.

vraa

Ah I gotcha.

I'd say 45k, which works out pretty nicely if you extrapolate the data from other cars in depreciation.

However, I might be wrong, as I'm not really sure on how the used car industry works.

MBCLK60

If you can get it for $45k, that's a steal. I just paid $64k for an S500 Sport with 20k miles.

ScottCLS55

Ouch,, I can get you an 04 s500 sport for ...
Maybe it was certified to 100k though

09/08/05 NEVADA Factory $50,250 10,898 Avg BRI SIL 8G A Yes
08/24/05 ATLANTA Regular $51,500 30,860 Below GRAY 8G A No
08/18/05 RIVRSIDE Lease $54,000 12,281 Avg BLACK 8G Yes
08/18/05 RIVRSIDE Factory $51,250 7,886 Below MID BLU 8G A No
08/09/05 DFW Lease $50,250 5,416 Avg ALB WHT 8G S Yes
07/28/05 MANHEIM Regular $54,500 5,689 Avg BLACK 8G A Yes


Also a lot (i mean alot) of people are very scared of any s600 with high miles. People that have this amount of money( to buy a s600 and be able to afford out of warranty service) dont want to look cheap so they buy new. Also the body kit and wheels will take away in an auction environment. Usually the MBdealers wont even go close to them. That is why the price is as such.

CE750

current re-sale on the S class is horrible.. mainly due to the eventual '07 body style coming out, but also because traditionally the more expensive MB's don't hold value as well, since their buyers are usually so rich they don't care about resale and as such create a weak market for that car in the second hand world.

Find out what the residual on that car is and take $20,000 off for the body kid/wheels you have to restore.. and you're probably around $55K... so $45K seems cheap.

ScottCLS55

The miles is the main deduction

MBCLK60

[QUOTE=williws]Ouch,, I can get you an 04 s500 sport for ...
Maybe it was certified to 100k though

Ouch..is right, it is certified but still over-priced, oh well.

Thericker

Hey man..I don't know where you get these price ideas?? I just checked out Autotrader.com---And there was a 2003 S600 w/52,000 miles and there asking $63,000 I think your high if you think you can pull that 04 for $45k---- They also have an 04 S600 w/38k miles asking price $75,000 good luck! unless it's been in an accident or a flood recovery...Not gonna happen w/ just 45k you'd only be able to afford a 02 S600 non-turbo model w/low miles

ScottCLS55

Here is the price list from manheim again. 04 s600's

08/31/05 W PALM Lease $36,800 74,684 Below BLACK 12G A No
08/24/05 ATLANTA Lease $68,500 10,001 Avg BRI SIL 12G A Yes
08/17/05 ST LOUIS Lease $50,250 38,929 Avg BLACK 12G A Yes
08/11/05 MANHEIM Lease $59,000 25,714 Avg BLACK 12G A Yes
08/03/05 BAY CITI Regular $43,000 52,978 Below BLACK 12G A No
07/29/05 MANHEIM Lease $54,500 26,487 Avg BLACK

Here is the actual manheim auction data. I'm not that far off. Just depends who is at the auction that day. BTW, this a wholesale liscensed dealer only auction, not autotrader, retail heaven.

ScottCLS55

more description of condition
DESCRIPTION CONDITION SEV. HOURS HOURS HOURS HOURS

Front Bumper Scratched .00 3.00 .00 3.00
Hood Multiple Chips .00 3.20 .00 3.20
Hood Release Ex Broken 4.00 .00 .00 4.00
LF Fender Chipped .00 2.30 .00 2.30
L Rocker Panel Cracked 5.00 1.60 .00 6.60
Rear Bumper Scratched .00 3.00 .00 3.00
RF Fender Scratched .00 2.30 .00 2.30
RF Door Chipped .00 2.30 .00 2.30

MBCLK60

where do you get these auction prices from, they don't seem correct.

ScottCLS55

Manheim.com As a liscensed dealer, I have access to the Manheim Market report that give me actual recent transactions. Right now, prices for new year models 04,05 are dropping really fast. Plus, the hurricane has affected all prices lately. Market is down, time to buy, buy, buy. I just looked these up and copy and pasted them. If you want to see another car to compare just let me know and I will look it up and post the results.

Thericker

You should've mentioned earlier that you were talking about a WHOLESALE AUCTION COMPANY Huge difference!!!!

ScottCLS55

08/30/05 RIVRSIDE Factory $63,000 21,507 Below OBS BLK 8G A Yes
08/18/05 RIVRSIDE Regular $71,500 24,025 Avg SILVER 8G A Yes
08/11/05 MANHEIM Regular $64,500 37,620 Below SILVER 8G A Yes
08/11/05 MANHEIM Regular $51,000 79,108 Below GRAY 8G A No
08/03/05 W PALM Regular $70,000 25,163 Avg BLACK 8G A Yes
07/27/05 ATLANTA Regular $70,500 21,487 Avg BLACK 8G A Yes

03 S55 prices higher than 600 AMG models bring way more.

ScottCLS55

oops, my bad. Thought I mentioned it previously

Iron Sheik

Williws...
You got a pm!!!
I think that car looks good with that body kit... just my opinion though!!

Iron Sheik

digital_b

this is bogus. the reason s class resale sucks is because there are so many available and it is well known that the quality and reliability of the cars are below average and very expensive to fix out of warranty. there are so many warranty claims that DC killed the free maintenance from 05 forward.

hadam

Hey williws. You are right. I am also looking for 2001 S500 on the dealer only HILINE auction. I will get mine from Riverside Auction.

There was auction in Riverside yesterday, can run me what prices these car went for.

These are all lease return car that comes from MB Credit or some other lease company.

Thanks in adavance for your help.


2001 MERCEDES-BENZ S CLASS 4D SEDAN S500 8G/A 50,334 BLACK WDBNG75J01A218333

2002 MERCEDES-BENZ S CLASS 4D SEDAN S500 8G/A 74,432 TEC GREY WDBNG75J72A234353

2001 MERCEDES-BENZ S CLASS 4D SEDAN S500 8G/A 44,481 BLACK WDBNG75J21A199011


2001 MERCEDES-BENZ S CLASS 4D SEDAN S500 81,055 GRAY/CHA Mercedes Benz Credit WDBNG75J81A224512

2001 MERCEDES-BENZ S CLASS 4D SEDAN S500 75,491 BLACK/GRY ChaseManhattan Bank WDBNG75J51A221065

hadam

sale date auction sale $ miles condition
08/18/05 RIVRSIDE Lease $37,000 23,771 Above SILVER 8G A No
08/16/05 FAAO Regular $36,400 24,911 Above TAN 8G A No
09/08/05 CHICAGO Lease $34,250 26,809 Above BLACK 8G A Yes
08/24/05 BUTLER Regular $36,500 27,587 Above BLACK 8G A No
09/09/05 MANHEIM Regular $34,250 29,264 Above SILVER 8G A Yes
08/18/05 RIVRSIDE Lease $34,000 32,884 Above WHITE 8G A Yes
09/08/05 CHICAGO Lease $32,500 34,262 Avg SILVER 8G A Yes
08/25/05 MANHEIM Regular $35,000 34,300 Above BLACK 8G Yes
08/25/05 CHICAGO Regular $32,750 35,537 Avg BLUE 8G A Yes
08/18/05 RIVRSIDE Lease $35,000 37,556 Above SILVER 8G A Yes
08/18/05 RIVRSIDE Lease $33,500 39,644 Above WHITE 8G A Yes
08/30/05 ARENA Regular $24,500 39,834 Below RED 8G A No
08/30/05 GA DLRS Regular $30,300 42,621 Avg BLUE 8G A Yes
09/13/05 FAAO Lease $29,600 43,317 Avg SILVER 8G A Yes
08/18/05 CLANTON Regular $33,400 44,152 Above SILVER 8G A Yes
08/18/05 RIVRSIDE Lease $30,500 44,667 Avg BLACK 8G A Yes
08/26/05 MANHEIM Regular $33,300 46,709 Avg SILVER 8G A Yes
09/09/05 MANHEIM Lease $28,700 46,794 Avg BLUE 8G A Yes
08/26/05 MANHEIM Lease $29,500 48,523 Avg GOLD 8G A Yes
08/18/05 RIVRSIDE Lease $29,500 48,628 Avg BLACK 8G A Yes
09/09/05 RIVRSIDE Lease $32,550 49,861 Avg BLACK 8G A Yes
08/24/05 MILWAUKE Lease $30,000 50,084 Avg SILVER 8G A Yes
08/18/05 RIVRSIDE Lease $31,500 50,954 Avg BLACK 8G A Yes
08/18/05 RIVRSIDE Lease $31,000 54,945 Avg SILVER 8G A Yes
09/02/05 NEVADA Regular $33,000 56,680 Avg WHITE 8G A Yes
08/25/05 MANHEIM Lease $29,750 57,061 Avg BLACK 8G A Yes
08/18/05 RIVRSIDE Lease $28,500 57,413 Avg BRI SIL 8G A Yes
08/24/05 ATLANTA Lease $26,000 59,263 Below ASP GRN 8G A Yes
08/24/05 ATLANTA Regular $31,800 61,490 Avg SILVER 8G A Yes
09/01/05 CHICAGO Regular $27,300 62,198 Below SILVER 8G A Yes
08/24/05 ATLANTA Lease $29,000 64,079 Avg DES SIL 8G A Yes
09/13/05 FAAO Regular $28,000 66,415 Avg Silver 8G A Yes
09/07/05 KC Lease $28,750 66,704 Avg BLACK 8G A Yes
08/24/05 ATLANTA Regular $28,200 68,354 Avg GLA WHT 8G A Yes
08/18/05 RIVRSIDE Lease $28,500 69,253 Avg PURPLE 8G A Yes
09/01/05 CHICAGO Regular $29,000 69,535 Avg BLACK 8G A Yes
08/18/05 RIVRSIDE Lease $28,000 70,218 Avg SILVER 8G A Yes
08/18/05 RIVRSIDE Lease $29,000 72,101 Avg BLACK 8G A Yes
08/30/05 RIVRSIDE Lease $29,250 74,902 Avg BLACK 8G A Yes
09/08/05 NEVADA Lease $31,000 74,936 Avg BLACK 8G A Yes
08/18/05 ATLANTA Lease $28,500 75,262 Avg BRI SIL 8G A Yes
08/24/05 ATLANTA Lease $26,800 78,876 Below BRI SIL 8G A Yes
08/25/05 MANHEIM Regular $31,100 80,003 Avg SILVER 8G A Yes
09/07/05 NADE Regular $30,600 80,309 Avg SILVER 8G Yes
08/18/05 DFW Lease $25,700 83,408 Below BLACK 8G S No
08/24/05 CADE Lease $23,800 85,018 Below GOLD 8G S No
08/18/05 RIVRSIDE Lease $31,000 90,004 Avg BLACK 8G A Yes
08/18/05 RIVRSIDE Regular $27,700 93,093 Below BLACK 8G A No
08/18/05 RIVRSIDE Lease $25,000 96,411 Below BLACK 8G A No
09/08/05 ST PETE Regular $19,700 142,168 Below BLACK 8G A No

Jayhawk

I am thinking of selling my cherry S500 (see below) and would like to know what they are selling for.