Pricing on S class
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Junior Member
Joined: Dec 2007
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2007 Lexus LS 460L,2009 Jaguar XF SC
Pricing on S class
Hello members,
Looking at the 07 S class...they are selling on ebay for low 70's.arent these 100K plus cars..that are selling for 30K some close to 40K after just 1 year?
I see a few for 65K what gives...
Looking at the 07 S class...they are selling on ebay for low 70's.arent these 100K plus cars..that are selling for 30K some close to 40K after just 1 year?
I see a few for 65K what gives...
Super Member
Joined: Jan 2008
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From: Texas
2015 White/brown Nappa S550, '13 S550 4 matic, 11 S550 sold, '10 S550 Sports BLACK 08 S550 P3 sport
depreciation my man depreciation. the more expensive the car the harder u fall. all part of the game. 1st year is usually the worst, gets better the second year.
MBWorld Fanatic!
Joined: Oct 2005
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From: CA
2010 CL65
IIRC, S550 launched roughly Feb06....some 2yrs ago...
Drove a new S550 at launch for mth or so....and traded-in for 100% of MSRP....
High-end economy is slowing, esp in past 3mos....so would guess new S550s are available at ?93% MSRP...and one can $0-down lease at decent terms...doubt it's financially efficient for most to buy any car....
No surprise used '07 values are so low...most used/aspirational buyers are more affected by economy and expect a substantial disct vs cost of a new copy....and no one "needs" an S-Class anyway, so many clever buyers will simply opt to $0-down lease a deep-discounted new copy...
Drove a new S550 at launch for mth or so....and traded-in for 100% of MSRP....
High-end economy is slowing, esp in past 3mos....so would guess new S550s are available at ?93% MSRP...and one can $0-down lease at decent terms...doubt it's financially efficient for most to buy any car....
No surprise used '07 values are so low...most used/aspirational buyers are more affected by economy and expect a substantial disct vs cost of a new copy....and no one "needs" an S-Class anyway, so many clever buyers will simply opt to $0-down lease a deep-discounted new copy...
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Joined: Oct 2004
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From: Boston, MA
My ex-cars: 03 E55,04 C32, 05 C55 ,03 E320
My dealer is telling me the exact opposite thing.
They said they were very busy selling cars the past month..
Im looking at a demo with MSRP of 95k asking 79,747$ with 6xxx miles.
They wouldn't go lower than 78500$ .....they haven't called back in 2 weeks...
My guess would be that lower fed interest rate = lower cost of borrowing=lower payments, so people would go ahead and buy more?
But the reason why the fed rate is lower is coz economy is in a bad state which would lead to people spending less..
I dont get it ..
They said they were very busy selling cars the past month..
Im looking at a demo with MSRP of 95k asking 79,747$ with 6xxx miles.
They wouldn't go lower than 78500$ .....they haven't called back in 2 weeks...
My guess would be that lower fed interest rate = lower cost of borrowing=lower payments, so people would go ahead and buy more?
But the reason why the fed rate is lower is coz economy is in a bad state which would lead to people spending less..
I dont get it ..
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From: 925, CA
2006 E90 325i
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From: Paradise (a.k.a. Austin, TX)
'09 S63 AMG
Try CalStar Mercedes-Benz. If you are serious let me know. I communicated with a guy there who was VERY willing to beat just about ANY quote! I think he would even do 9-11k off
I didn't end up buying the car through him bec. I got a good deal here in Austin + I was not comfortable transporting the car 1100 miles and assuming responsibility for that.
I didn't end up buying the car through him bec. I got a good deal here in Austin + I was not comfortable transporting the car 1100 miles and assuming responsibility for that.
Super Member
Joined: Nov 2004
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From: 925, CA
2006 E90 325i
Try CalStar Mercedes-Benz. If you are serious let me know. I communicated with a guy there who was VERY willing to beat just about ANY quote! I think he would even do 9-11k off
I didn't end up buying the car through him bec. I got a good deal here in Austin + I was not comfortable transporting the car 1100 miles and assuming responsibility for that.
I didn't end up buying the car through him bec. I got a good deal here in Austin + I was not comfortable transporting the car 1100 miles and assuming responsibility for that.
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From: FL & CT
2015 S550 Palladium/Deep Sea Blue, 2016 Tesla Model S 70D, 2015 Volvo XC70
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From: So. Cal
S6 LP640 E500
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From: Boston, MA
My ex-cars: 03 E55,04 C32, 05 C55 ,03 E320
Yea, I know and I called their bluff...Herb Chambers has bought enough dealerships around our area that as consumers, we are starting to feel a local monopoly. There used to be 4 mercedes dealer around Boston, and they acquired 2 of them..leaving only 1 left to compete. They now offer what they call "smart pricing" which is their policy not to negotiate on used cars (thats what they told me)...yet they lower the prices on their cars every 3 weeks if they dont sell...doesnt make sense to me at all..
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Joined: Feb 2007
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Yea, I know and I called their bluff...Herb Chambers has bought enough dealerships around our area that as consumers, we are starting to feel a local monopoly. There used to be 4 mercedes dealer around Boston, and they acquired 2 of them..leaving only 1 left to compete. They now offer what they call "smart pricing" which is their policy not to negotiate on used cars (thats what they told me)...yet they lower the prices on their cars every 3 weeks if they dont sell...doesnt make sense to me at all..
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From: FL & CT
2015 S550 Palladium/Deep Sea Blue, 2016 Tesla Model S 70D, 2015 Volvo XC70
Almost a Member!
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From: Alpharetta, GA.
1989 560SL 19K miles Sold, 1991 300SE 191K miles Totalled
I'm in the business down in Atlanta. We finished 2007 34% better that 2006. MBUSA was up also, finishing their best year ever. I think there is too much gloom and doom in the media, resulting in a sort of "self fulfilling prophecy" syndrome. Or maybe the folks who buy new M-B's are immune to the "recession". Whatever the reason, I'm glad that our business is thriving.
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Joined: May 2007
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2007 S600
I'm in the business down in Atlanta. We finished 2007 34% better that 2006. MBUSA was up also, finishing their best year ever. I think there is too much gloom and doom in the media, resulting in a sort of "self fulfilling prophecy" syndrome. Or maybe the folks who buy new M-B's are immune to the "recession". Whatever the reason, I'm glad that our business is thriving.
I usually take the crap I read in the auto magazines, divide it by 10 then take the square root of that and that is about all their nonsense comments is worth!! The media is 100% of the problem with everything. I rarely watch the news to keep from being in depression.
It's good to hear your business is doing great in Atlanta. Which dealership are you associated with in Atlanta?
Member
Joined: Jun 2005
Posts: 78
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From: Bay Area, CA & Miami Beach
2005 SL500, 2015 GLK350 & S63, 2020 C63 & G63 and 2021 GLC63
Firstly, please try to buy the car on phone and avoid going to the dealership.
Secondly, please work off a percentage. You can get 15% off the MSRP if you REALLY buy the car on the spot.
Secondly, please work off a percentage. You can get 15% off the MSRP if you REALLY buy the car on the spot.
Member
Joined: Mar 2008
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From: Iowa
'08 S550 4MATIC SPORT,DODGE VIPER GTS,ML350 BLK/BLK
I take delivery of an '08 S550 4MATIC SPORT IN april,but made the deal last day of Feb.$101,300 msrp,got it for $86,500.
Member
Joined: Mar 2008
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S550
^^^i find that statement to be very hard to believe...maybe it has to do with the location you are in, but i am not finding any dealers around me willing to go anywhere near that price...im really surprised people are getting 10,000 off msrp...where are these dealers and what exactly is the catch...are these demo models, older models, cars that have been sitting on the lot for months???...
Super Member
Joined: Feb 2008
Posts: 888
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From: Paradise (a.k.a. Austin, TX)
'09 S63 AMG
Please tell me this is not true (so I don't feel so stupid and inadequate)
Uuuummmm, on second thoughts, please tell me that it is true (so that I can go back to the dealer and hammer them some more when I take delivery of my car)
Last edited by AustinGuy; Mar 18, 2008 at 05:52 PM.
Super Member
Joined: Feb 2008
Posts: 888
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From: Paradise (a.k.a. Austin, TX)
'09 S63 AMG
$15k off MSRP is phenomenal.
I hope you are not yanking our chains and are being truthful. If you're not, then there's no harm in coming back and letting us know otherwise.
