S500 Auction Prices ..
Thread Starter
Senior Member
Joined: Sep 2005
Posts: 326
Likes: 0
From: Piedmont, CA
2005 S55
S500 Auction Prices ..
Anyoine have any idea what 01' S500's are going for at auctions? I know everything is tanking, but I was offered $7-9k trade in for mine and it feels low, wanted to see if I'm crazy or if this is as good as it will get .. 01' S500, 125k miles, sport package .. blah blah ..
Thanks in advance, have an 03' S55 in my sites!!!!
Thanks in advance, have an 03' S55 in my sites!!!!
Member
Joined: Aug 2008
Posts: 80
Likes: 0
From: Tampa, FL
2000 S500
Auction prices are determined by the area to be honest. And trade in is not what is paid for at the auction. I learned a lot before I became a dealer...Sell it outright and you'll make more money at least 2 or 3k more.
MBWorld Fanatic!
Joined: Mar 2006
Posts: 1,627
Likes: 5
From: West Virginia
2001 E320 RWD - Brilliant Silver/Ash: 100,000+
Ditto to THR2008. Also, in my limited experience, MB dealers place a higher/lower value on the trade-in based more on the mileage than the options and overall condition. We are almost always better off selling a used car to a private party. As an aside, if you have the maintenance history, that's worth a few $thousand to an individual, but is virtually worthless to a dealer. Chances are they will never even put it on their lot, but send it to auction as is.
Last edited by Musikmann; Dec 7, 2008 at 06:14 PM. Reason: addition and spelling
Thread Starter
Senior Member
Joined: Sep 2005
Posts: 326
Likes: 0
From: Piedmont, CA
2005 S55
I def. know the auction is just one factor, but being in the car bus. myself for a few years that's the number I don't have access to anymore that helps to fill out the picture.
Thanks for the feedback all, gotta love all the great info from those on this site!
Thanks for the feedback all, gotta love all the great info from those on this site!
