I am seeing a major drop in S550'S ... they are going from a low of $60k with 30k miles to $73k with under 5000 miles.....and a S600 with 16k miles black on black just sold yesterday for $98k.... S65'S are as low as $138k for a buy back lemon law car........ nice deal for someone and averaging about $155k for low mile ones ... clean titles.....

 

$60k for a 30K mile S550 wowsers... depending on options - thats 40% drop.

 

i wonder why the heck there is a lemon buy back on a w221.

 

someone didnt want to pay the bill anymore and complained until Benz paid it off and that is that... happens all the time in Cali... I bought a E55 lemon law car... with 28k miles... sold it with 43k miles and not problems... hell it was a smart buy.... paid $51k had it about 13 months and then sold it for $48k... and to think all the dealers around me were trying to get over $65k for theirs... I would of lost about $20k going that route...

 

where can i find those kind of car?

 

This doesn't surprise me, especially if we are talking about early 2007's. First, we don't know what equipment is on the S550's. Many early cars were not well "loaded" with options, due to parts availability. In addition, remember that the "Launch Edition" and other early models had the hideous 2 fins (one on the roof, and one on the trunk) which, thankfully, MB has fixed. I know my dealer has problems moving cars with two antennas

As for the S600 and S65, this also does not surprise me, again, if we are talking about early 2007's. You always take a hit on the high-end models in the early years.

On the flip-side, I lucked out when I dumped my '04 E55 after only 15 months. The E55 held its desirability when compared to the '06 E63 (I believe it was due to the switch from supercharging to NA), and I only took a $2,600 hit to get out of my lease, which I started with $0 out of pocket.

 

These are the recent 2007 S550's....the 60K ones are all below average, high mileage cars. Remember a base one is 85K, you figure $1-$1.50/miles first year depreciation and for the one that sold on 10/04 27K miles and it only lost $21,000 off sticker, thats well under $1 mile. Thats not too horrible. I just sold a 2007 sport package,pano roof 98K sticker w/ 4K miles for 83 and the dealer I sold to got 87 so they still do hold value well. To be honest if you want the best S550 deals check out leasetrader.com. I surf through it all the time and sometimes people put in nice incentives to get out of their deals and you don't have to put downpayments. I saw an S550 sport 2-3 weeks ago w/ a final payment of $980 for 22 months bc of the big chunk the owner was willing to add in

10/04/07 W PALM Regular $74,200 10,747 Avg GRAY 8G A Yes
10/04/07 NEVADA Regular $88,500 6,685 Above BLACK 8G A No
10/04/07 NEVADA Lease $74,000 19,681 Avg BLACK 8G A Yes
10/04/07 NEVADA Regular $74,000 19,371 Avg SILVER 8G A Yes
10/04/07 MANHEIM Regular $78,500 7,648 Above WHITE 8G Yes
10/04/07 MANHEIM Regular $74,600 20,550 Avg GRAY 8G Yes
10/04/07 MANHEIM Regular $74,000 2,239 Avg PEWTER 8G Yes
10/04/07 MANHEIM Regular $64,000 27,596 Below BLK OPAL 8G A No
10/02/07 FAAO Regular $76,300 9,814 Avg SILVER 8G A Yes
10/02/07 DFW Lease $74,500 10,818 Avg BLACK 8G A Yes
10/02/07 BALTWASH Lease $74,250 2,822 Avg 8G A Yes
09/28/07 MANHEIM Regular $72,500 17,967 Avg BLACK 8G Yes
09/28/07 LAUD/MIA Regular $69,500 27,715 Below Black 8G Yes
09/27/07 RIVRSIDE Lease $88,500 13,600 Above MYS WHT 8G A No
09/27/07 RIVRSIDE Lease $75,000 13,356 Avg OBS BLK 8G A Yes
09/27/07 RIVRSIDE Regular $60,000 33,330 Below BRI SIL 8G A No
09/27/07 ATLANTA Regular $70,000 23,155 Below 8G Yes
09/26/07 W PALM Regular $79,000 1,334 Above BURGUNDY 8G A Yes
09/26/07 W PALM Factory $78,000 10,304 Above BAR RED 8G A Yes
09/26/07 W PALM Lease $77,000 7,315 Avg BLACK 8G A Yes
09/26/07 W PALM Regular $73,200 8,460 Avg GRAY 8G A Yes
09/26/07 W PALM Lease $73,000 9,928 Avg OBS BLK 8G A Yes
09/26/07 W PALM Factory $72,000 9,296 Avg IRI SIL 8G A Yes
09/26/07 W PALM Factory $71,800 6,582 Avg IRI SIL 8G A Yes
09/26/07 W PALM Factory $71,600 6,412 Avg IRI SIL 8G A Yes
09/26/07 W PALM Factory $71,200 11,734 Avg IRI SIL 8G A Yes
09/26/07 W PALM Factory $70,200 4,730 Below IRI SIL 8G A Yes
09/26/07 W PALM Lease $69,600 15,438 Below IRI SIL 8G A Yes
09/26/07 W PALM Regular $65,200 28,634 Below BLACK 8G A No
09/26/07 SEATTLE Lease $81,000 9,001 Above ANDR GRY 8G A Yes
09/26/07 MILWAUKE Regular $70,500 22,011 Avg TAN 8G A Yes
09/26/07 CEN FLA Regular $81,500 8,090 Above 8G Yes
09/25/07 FAAO Lease $72,000 16,288 Avg BLACK 8G A Yes
09/20/07 MANHEIM Regular $85,500 11,353 Above 8G Yes
09/20/07 MANHEIM Regular $79,500 11,972 Above BLACK 8G Yes
09/20/07 MANHEIM Regular $76,200 15,733 Avg WHITE 8G Yes
09/20/07 MANHEIM Regular $76,000 9,419 Avg WHITE 8G Yes
09/20/07 MANHEIM Regular $75,750 19,975 Avg GREY 8G A Yes
09/20/07 MANHEIM Regular $72,500 19,980 Avg BLACK 8G A Yes
09/20/07 MANHEIM Regular $71,500 16,440 Avg BLACK 8G Yes
09/20/07 MANHEIM Lease $70,000 22,855 Below BLACK 8G A Yes
09/20/07 MANHEIM Regular $69,750 21,707 Below BLACK 8G A Yes
09/20/07 MANHEIM Regular $68,250 28,415 Below BLACK 8G T No
09/20/07 HOBBY Regular $73,000 16,545 Avg SILVER 8G A Yes
09/19/07 ATLANTA Regular $74,500 23,887 Avg BLACK 8G A Yes
09/19/07 ATLANTA Lease $72,500 10,393 Avg AND GRY 8G A Yes
09/18/07 STATESVL Regular $75,000 7,963 Avg BLACK 8G A Yes
09/13/07 RIVRSIDE Lease $85,000 6,287 Above FLT GRY 8G A No
09/13/07 RIVRSIDE Lease $80,500 5,862 Above BLACK 8G A Yes
09/13/07 RIVRSIDE Lease $77,000 30,322 Avg BLACK 8G A Yes
09/13/07 RIVRSIDE Regular $76,750 8,513 Avg IRI SIL 8G A Yes
09/13/07 RIVRSIDE Regular $73,500 26,843 Avg PEWTER 8G A Yes
09/13/07 RIVRSIDE Regular $72,500 25,521 Avg BLACK 8G A Yes
09/13/07 RIVRSIDE Regular $72,500 21,932 Avg BLACK 8G A Yes
09/13/07 RIVRSIDE Lease $71,000 12,361 Avg BLACK 8G A Yes
09/13/07 RIVRSIDE Lease $70,500 13,537 Avg BLACK 8G A Yes
09/13/07 RIVRSIDE Regular $70,000 27,991 Below SILVER 8G A Yes
09/13/07 RIVRSIDE Lease $65,750 17,457 Below OBS BLK 8G A Yes
09/13/07 RIVRSIDE Lease $62,000 42,626 Below FLT GRY 8G A No
09/13/07 CHICAGO Lease $78,250 19,743 Above BLACK 8G A Yes
09/13/07 CHICAGO Lease $75,250 9,188 Avg BLACK 8G A Yes
09/12/07 ST LOUIS Lease $76,500 8,826 Avg BLK 8G A Yes
09/12/07 ST LOUIS Lease $73,750 30,014 Avg GREY 8G A Yes
09/11/07 FAAO Regular $70,200 30,483 Below BLK 8G A No
09/11/07 BIG H Regular $71,500 10,550 Avg Black A Yes
09/07/07 MANHEIM Regular $75,700 32,399 Avg BLACK 8G A Yes

 

these are the 600's

2007 S600

06/28/07 MANHEIM Regular $115,000 7,554 Above SILVER 12G A Yes
08/01/07 NADE Lease $108,000 3,118 Avg BLACK 12G A Yes
08/23/07 MANHEIM Regular $100,000 10,203 Avg SILVER 12G A Yes
08/29/07 W PALM Regular $107,000 4,045 Avg BLACK 12G A Yes
09/20/07 MANHEIM Regular $106,500 2,066 Avg SILVER 12G A Yes
10/02/07 DFW Lease $98,000 16,168 Below BLACK 12G A No

 

Danny: Thanks for info on S550 and S600. What are 2007 S65s bringing in at auction? The last report we had at MBWorld was around 144K, but that was several months ago. Z356

 

Glad to see the new generation 600s are slowly crawling into my price tolerance...

 

Why in the world would anyone want a lemon buy back car? I had a Range Rover Supercharged and the dealer bought it back from me because i went thru the steps of claiming it as a lemon. I feel bad for whoever bought that car. Buying these cars in a distressed situation/condition is foolish. Every time I took my RR in for service they claimed it was fixed. Time after time it was not. I'm not sure how a dealer has to disclose to the new buyer but if they claim it was a lemon buy back but all the bugs were fixed is just asking for problems...regardless of what you save.

It goes beyond someone not just wanting to pay the bill anymore. There are guidelines that declares the car a lemon. Not necessarily an easy process and it takes time to prove it. Trust me - if a dealer buys the car back there is something wrong with the car that just wasn't getting fixed after numerous attempts. You know how tight they are. Also, a repo auction car....probably beat to hell.

 

Some of these cars are bought back for silly issues that have nothing to do with the powertrain area of the vehicle. Could by electronic issues that get fixed once they are brought back to the manufacturer and fixed in house.

Powertrain buybacks would probably be a different story though.

 

However, as far as I know about the W221 are all electronic problems.
A lot of people facing some issue that are very frustracted