S-Class (W220) 1999-2006: S 320 CDI, S 320, S430, S 500, S 600

Nevadajack's S430 - No Sale

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Old Feb 25, 2006 | 10:45 AM
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Nevadajack's S430 - No Sale

Based on this entry yesterday I will probably cancel my plans to sell the S430 and purchase a S550.

https://mbworld.org/forums/s-class-w221/138453-troubling-news-s550-orders.html

This will definitely effect my planned 1st Decade build with delivery in mid-May with my specific options, most of which are on this list. I am just not prepared to get into a long and questionable waiting game with MB. So all you guys who wished me well with the new S...save it for later in the year or perhaps in the "real 2007" model year.

I am having trouble with MB making this decision to introduce the 2007 this early and without vendor support... It would have also protected the 2006 buyer like myself in the marketplace...trade-in value for my S430 is absolutely sickening.

What happened to the days when you walked into the showroom and shopped the lot and picked one of the many, many cars in stock and drove it home Well, if I have to drive my car a while longer, there is not a better car than my S430 to do it in
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Old Feb 25, 2006 | 11:47 AM
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I know what you mean. The guys at the dealers know that they are running on the edge sales wise. Also I think MB HOPES that we will all be panting like dogs to get the "latest and greatest"...they are not ready to produce what they are advertising.As you say so well, all they have done is water down the resale market of all W220's. The new W221's are nice and will get nicer but S430's and S500's are still wonderful automobiles with great comfort, performance and drivability. I'm not going to take a $15K~$20K hit on a car deal over a 6 month period because some car guy at a dealer says "we have a new model on the ground". I love my S500 but I don't spend enough time in it to be able to justify taking a hit to get a new one that I won't spend any additional time in. I know the dealer here in Palm Beach is over sold on W221's. It would not surprise me to hear of more people reacting to this as you have.
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Old Feb 25, 2006 | 11:58 AM
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For the first time in my life sprink, I visited the Lexus site this morning and looked at the video on the new LS460L. They are going after MB...no doubt about it and they may have a product that will meet the challenge. I wonder how many other S550 buyers who placed deposits over 6-9 months ago and still don't have a delivery date are doing the same thing?
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Old Feb 25, 2006 | 12:02 PM
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Originally Posted by Nevada Jack
Well, if I have to drive my car a while longer, there is not a better car than my S430 to do it in



No matter what you drive today, there is always something newer and tricker just around the corner. I have a few nice automobiles and always want something new. But let’s face it; with few exceptions, automobiles are a hugely ever-depreciating asset and financially you pay dearly for the pleasure of owning any high-end luxury vehicle.

Bottom line, you already own a beautiful automobile that shows pride of ownership… hope you continue to enjoy it!
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Old Feb 25, 2006 | 12:09 PM
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Originally Posted by Richard / E320


No matter what you drive today, there is always something newer and tricker just around the corner. I have a few nice automobiles and always want something new. But let’s face it; with few exceptions, automobiles are a hugely ever-depreciating asset and financially you pay dearly for the pleasure of owning any high-end luxury vehicle.

Bottom line, you already own a beautiful automobile that shows pride of ownership… hope you continue to enjoy it!
Thanks Richard...have been losing money for years on cars, most of them MB's even though they boast about the resale value. The dealers however have the reputation of offering the lowest value for their own products...:-)
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Old Feb 25, 2006 | 12:48 PM
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That's what I was thinking. You bought the S430 for...around $80k? And after 2200 miles, you lose around $15k. That is a big hit.
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Old Feb 25, 2006 | 12:56 PM
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Originally Posted by Nevada Jack
The dealers however have the reputation of offering the lowest value for their own products...:-)
That's in part because they want the trade-in to not compte too closely to the price of a new vehicle, and partly because they know they can make a 'home run' on selling a nice used one to someone that doesn't want to buy new. I can assure you that dealers average more gross profit on nice used vehicles than the typical new-car sale.

My '01 E320 is worth about half of what I origianlly paid for it; what's worse, with only 3,200 miles on it, it isn't worth that much more than a E320 with normal mileage. A typical 2001 might have 60k miles on it, so it has far more use on it than mine, and yet mine is still not worth much over that 60k miles vehicle.

My local dealer is having it's special 2007 S-Class preview tomorrow; much as I would like to get something new, I'm sure I will be driving my '01 home. I think it will be pretty hard to justify the depreciation based on the little use mine has had, at least to my wife!

Last edited by Richard / E320; Feb 25, 2006 at 01:03 PM.
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Old Feb 25, 2006 | 01:47 PM
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Originally Posted by newton22
That's what I was thinking. You bought the S430 for...around $80k? And after 2200 miles, you lose around $15k. That is a big hit.
I paid $74K and it listed for $82K but if MB had waited until Fall, the price would still be holding in trades. They screwed themselves (and W220 buyers) in cutting off production of the W220 too soon and introducing the W221 too early without the proper vendor support.
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Old Feb 25, 2006 | 01:52 PM
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Originally Posted by Richard / E320
That's in part because they want the trade-in to not compte too closely to the price of a new vehicle, and partly because they know they can make a 'home run' on selling a nice used one to someone that doesn't want to buy new. I can assure you that dealers average more gross profit on nice used vehicles than the typical new-car sale.

My '01 E320 is worth about half of what I origianlly paid for it; what's worse, with only 3,200 miles on it, it isn't worth that much more than a E320 with normal mileage. A typical 2001 might have 60k miles on it, so it has far more use on it than mine, and yet mine is still not worth much over that 60k miles vehicle.

My local dealer is having it's special 2007 S-Class preview tomorrow; much as I would like to get something new, I'm sure I will be driving my '01 home. I think it will be pretty hard to justify the depreciation based on the little use mine has had, at least to my wife!
Yep...I think most would say the used car sales and service department are the biggest profit cost centers.

Low mileage only counts on their end when the advertise "low miles." On a trade they give absolutely no consideration to mileage unless it is high.
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Old Mar 24, 2006 | 05:32 PM
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Originally Posted by Nevada Jack
Yep...I think most would say the used car sales and service department are the biggest profit cost centers.

Low mileage only counts on their end when the advertise "low miles." On a trade they give absolutely no consideration to mileage unless it is high.
I can only agree with those statements. They are the same here!
By the way, Jack, do you recognize this car?

Last edited by 04S430; Mar 24, 2006 at 05:37 PM.
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Old Mar 24, 2006 | 05:36 PM
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Originally Posted by 04S430
I can only agree with those statements. They are the same here!
By the way, Jack, do you recognize this car?
Yeah...I recognize the car...:-) I am going to send you a URL of a posting of the the big one I sent you and you can post it again..
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Old Mar 24, 2006 | 06:48 PM
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im just waiting for the used market to come down a bit more.. I feel paying 45-50k for a 4yr old car ( 03 ) is just nuts and of course I would never pay 90+k for a new one...

Im willing to spend 39-41 range for a 03 S430 with 40-50k miles on it and there isn't many out there yet... I figure with the new style out now and the leases ending they would drop in the price range I am looking for
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Old Mar 24, 2006 | 07:55 PM
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Originally Posted by Nevada Jack
Based on this entry yesterday I will probably cancel my plans to sell the S430 and purchase a S550.

https://mbworld.org/forums/showthread.php?t=138453

This will definitely effect my planned 1st Decade build with delivery in mid-May with my specific options, most of which are on this list. I am just not prepared to get into a long and questionable waiting game with MB. So all you guys who wished me well with the new S...save it for later in the year or perhaps in the "real 2007" model year.
That is why I decided to buy a new 2006 this past November instead of wait for the new 2007. I got a loaded (comfort seats, xenon, parktronic, Sirius) '06 S 430 in a beautiful color scheme, pewter with charcoal interior the free sport package and $17,000 off list price. The seven speed trans gives it a little more "pep" than my '03 had and I can feel other improvements. Buying the last year of a car's production run is not a bad thing. All the flaws were found out and removed and the improvement are "tweaked" to their best leve.

Mercedes never seems to have their launch cars together. Options aren't available, they find design flaws that only show up after many units are on the street for a few months, etc.,. I was told when the 1992 S Class came out they had to spend an average of $10,000 per car to correct problems.

I'll wait two years and get and mostlikely get an '08 S 450.
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Old Mar 25, 2006 | 01:31 PM
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Can't complain the current S is like the king of kings
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