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Pricing on a 2007 S550 pano sport 4matic?

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Old Aug 20, 2008 | 11:03 AM
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Pricing on a 2007 S550 pano sport 4matic?

My neighbor and good friend is looking at buying a 2007 S550 from a wholesaler who claims that he needs to unload the car and his giving it to him at 'cost.'

It is a 2007 S550 with Pano, Sport, and 4-Matic, 21k miles, black/black, and the price he's quoting is $67K

He's asking me if I can find black book or auction pricing to validate that this is basically at wholesale cost and if it's a good price.

Looking for any input.

Thanks!
Josh
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Old Aug 20, 2008 | 09:28 PM
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joshd,

thats a pretty good price. The car seems to be well optioned. Make sure your neighbor and good friend check the carfax and the service records of the vehicle before pulling the trigger.

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Old Aug 20, 2008 | 09:29 PM
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scared of being stalked
also

i doubt this is the cost of which the wholesaler is getting the vehicle for. I assume the seller is paying around 57-58k.
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Old Aug 24, 2008 | 12:53 PM
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Originally Posted by Mrkhan347
also

i doubt this is the cost of which the wholesaler is getting the vehicle for. I assume the seller is paying around 57-58k.
I just traded in a 2007 S550 (2WD), with PI, 7k mi and Denoble wheels for my mother. I got pricing for the new car with, and without a trade. They gave us $66K for it
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Old Aug 27, 2008 | 03:47 PM
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This is a very good price. Like MrKhan347 said, make sure you check carfax and service records. The average auction price for this car with the options you mentioned would be about $69K.
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