07 S65 For Under $130K
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Joined: Jul 2007
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From: Florida
03 S55 AMG
07 S65 For Under $130K
Interesting: This vehicle was purchased by us directly from Mercedes due to "check engine light / engine misfire". Due to this inconvenience for the original owner the vehicle was purchased back by Mercedes, FIXED (by Mercedes) and re-sold by Mercedes and now comes with a Buy Back/Returned to manufacturer notation on the title.
http://cgi.ebay.com/ebaymotors/Merce...spagenameZWDVW
http://cgi.ebay.com/ebaymotors/Merce...spagenameZWDVW
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From: Kenilworth, il usa
GT63S ePerformance 4dr, '25 Bentayga Black Ed.(wife), Wrangler and 250 MLB(kids)
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From: Salt Lake City, Utah
S65 Renntech'd, GL450, Super Charged Range Rover
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From: LA,WA,UT,NY,ID
64' Caddy, LX470, S65..GL..
We all know if that car is priced low enough - somebody will scoop it up. Green might be a hard sell...but that blue doesn't bother me that much....after all - I'll spend the entire time on the inside blowing past slower cars....
Coogi
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From: Charlotte, NC
No longer car shopping...
It's not low enough considering that it's a lemon. They may have painted the lemon blue, but it's still a lemon underneath and the title will ALWAYS says that is so. Benz took a beating on this. The sellers probably bought it around $90K (50% the retail price) and is now trying to make a LOT of $$$$$ on the sale. Not worth it IMHO. Now, if it was available for say, $105K then "maybe"
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1987 Buick GNX,SL65 Black, 1987 Buick Turbo Limited, 2010 GT500
Lemon Buy back S65'S at auction for $130k
the titles on these cars can be washed and have a clean title... my opinion on LEMON LAW CARS: DAMN GOOD FREAKING DEALS..... you can save 50k.... why are cars buy backs.... 90% of the time the customer has a stick up their *** and wants out of the loan from depreciation or just the fact they dont want the car anymore..... the simple truth.....
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From: Charlotte, NC
No longer car shopping...
the titles on these cars can be washed and have a clean title... my opinion on LEMON LAW CARS: DAMN GOOD FREAKING DEALS..... you can save 50k.... why are cars buy backs.... 90% of the time the customer has a stick up their *** and wants out of the loan from depreciation or just the fact they dont want the car anymore..... the simple truth.....
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From: Miami Beach
BS
retardedmunk, name suits you well!
You get what you pay for, I live by that. Secondly, regardless, I have seen them sell cars with lemon laws from major safety factors (brakes, airbags...) So I for one will NEVER buy a lemon lawed car. My thought process is if you can't afford it, wait til you can, don't settle for the previously fu**ed up version!
You get what you pay for, I live by that. Secondly, regardless, I have seen them sell cars with lemon laws from major safety factors (brakes, airbags...) So I for one will NEVER buy a lemon lawed car. My thought process is if you can't afford it, wait til you can, don't settle for the previously fu**ed up version!
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From: Los Angeles
2010 S600 sold
retardedmunk, name suits you well!
You get what you pay for, I live by that. Secondly, regardless, I have seen them sell cars with lemon laws from major safety factors (brakes, airbags...) So I for one will NEVER buy a lemon lawed car. My thought process is if you can't afford it, wait til you can, don't settle for the previously fu**ed up version!
You get what you pay for, I live by that. Secondly, regardless, I have seen them sell cars with lemon laws from major safety factors (brakes, airbags...) So I for one will NEVER buy a lemon lawed car. My thought process is if you can't afford it, wait til you can, don't settle for the previously fu**ed up version!
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From: Miami, FL
Lotus Elise SLK55
I'm not 100% sure if this is the case all the time, but when you buy a "lemon title" car, it does still come with warranty, and most of the time, the original problem has been fixed. Sometimes the dealer is just incompetent and can't fix a simple issue that is easily fixed by another dealer. A friend of mine bought a lemon'd 05 SL55 for 65,000$ and has not had a single problem, while all minor problems have been fixed under warranty.
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1987 Buick GNX,SL65 Black, 1987 Buick Turbo Limited, 2010 GT500
thanks I love my name.....Muahhhh
Well... the title will not state that the car is a Manufacturer buy back... but CARFAX will.....and I live by the notion that if it is broken it can be fixed....cars dont get cancer folks....our cars have issues plain and simple.... and a lemon law car doesnt mean that it is not fixable and in most cases it means that the consumer was fed up with the car or just wanted to get another and not deal with the hit...... regardless of affordablilty .. i can buy a new one if chose.... would I? HELL NO ..... why would I buy a car new that in less then two years will be worth less then half or more of my total purchase price? and for a 200k car this is significant.... I should just hand my check book over to the dealer and tell him to write it out for what ever he feels like and just dont tell me the amount.....so a lemon law car is a great way to catch up with the loss in value.... why should I throw my money away just to say "this car had no problems then another one i could of bought" yeah $50k later.....so I will need a fat joint and a bottle of Jack to cool me down. ..My ego is not that expendable.............i like being the savy car buyer that I am and know that i can drive anything I choose and not lose a dime over my interest in my payments...
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1988 535i 5 speed
I say, if it has any warranty at all, which it does, why not? If it breaks (highly unlikely), then complain and take it to the dealer. I would buy it if I had the 129k. And yes, it seems that especially on 65s, color is a big issue. It seems they almost get more for black than silver, and I've never seen blue. I like it, almost more than black. Probably never see another one, thats for sure.
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From: Charlotte, NC
No longer car shopping...
I'm not 100% sure if this is the case all the time, but when you buy a "lemon title" car, it does still come with warranty, and most of the time, the original problem has been fixed. Sometimes the dealer is just incompetent and can't fix a simple issue that is easily fixed by another dealer. A friend of mine bought a lemon'd 05 SL55 for 65,000$ and has not had a single problem, while all minor problems have been fixed under warranty.
As long as one understands the risk and can buy one at a VERY low price, they also should understand that their liquidation position is also likely to be poorer than a comparable non-buyback car. Cost less...is worth less. As long as someone doesn't try to "scrub" the title like some do with Salvaged vehicles (sorry about coming off strong on r-munk like. Just seen too many people think they can "get rich quick" at the expense of others and his post came across that we to me. I now see he didn't intend that to be the case) then I say, try it at your own risk.
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1987 Buick GNX,SL65 Black, 1987 Buick Turbo Limited, 2010 GT500
BS.... how would they know?
An extended warranty co. has no idea if the car is a lemon....... and they wouldnt care... example...
I bought a 2005 E55 with 28k miles LEMON LAW
paid $51k for the car.... very clean... a couple of issues with car after purchase but not related to original buy back warranty issue...it had the full factory warranty....
before I sold the car I had the miles to 42k... added an extended warranty
Chrysler Service Contract warranty
and sold the car for $48,500 after 13 months of ownership
NOW I BOUGHT THIS CAR WHEN IT WAS 14 MONTHS OLD.... AND NOT A CAR AROUND WAS LESS THEN $65K...... if i had bought the $65k car and sold it for the roughly the same amount amount i sold mine for i would of lost $17k and not $2500
I bought a 2005 E55 with 28k miles LEMON LAW
paid $51k for the car.... very clean... a couple of issues with car after purchase but not related to original buy back warranty issue...it had the full factory warranty....
before I sold the car I had the miles to 42k... added an extended warranty
Chrysler Service Contract warranty
and sold the car for $48,500 after 13 months of ownership
NOW I BOUGHT THIS CAR WHEN IT WAS 14 MONTHS OLD.... AND NOT A CAR AROUND WAS LESS THEN $65K...... if i had bought the $65k car and sold it for the roughly the same amount amount i sold mine for i would of lost $17k and not $2500
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1988 535i 5 speed
Buy Back cars DO have regular mfg warranties, the government forces them to honor them. however, the problems come into play AFTER the regular warranty expires. Few (if any) after market warranties will cover a car that is KNOWN to be a buy back. Benz in fact will not offer an extended warranty on buyback cars. That in and of itself should tell you something. You can not buy a "buy back" car off a Benz Dealers lot. They auction/liquidate every one of them. That too should tell you something. When you go to sell it at 49K miles, don't expect a lot of buyers (even at wholesale levels). If your going to drive it well past warranty, then maybe it could work for some.
As long as one understands the risk and can buy one at a VERY low price, they also should understand that their liquidation position is also likely to be poorer than a comparable non-buyback car. Cost less...is worth less. As long as someone doesn't try to "scrub" the title like some do with Salvaged vehicles (sorry about coming off strong on r-munk like. Just seen too many people think they can "get rich quick" at the expense of others and his post came across that we to me. I now see he didn't intend that to be the case) then I say, try it at your own risk.
As long as one understands the risk and can buy one at a VERY low price, they also should understand that their liquidation position is also likely to be poorer than a comparable non-buyback car. Cost less...is worth less. As long as someone doesn't try to "scrub" the title like some do with Salvaged vehicles (sorry about coming off strong on r-munk like. Just seen too many people think they can "get rich quick" at the expense of others and his post came across that we to me. I now see he didn't intend that to be the case) then I say, try it at your own risk.
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From: Upstate NY, Ponte Vedra FL
SL55, Cayenne S, Tundra, 360 spider
I say, if it has any warranty at all, which it does, why not? If it breaks (highly unlikely), then complain and take it to the dealer. I would buy it if I had the 129k. And yes, it seems that especially on 65s, color is a big issue. It seems they almost get more for black than silver, and I've never seen blue. I like it, almost more than black. Probably never see another one, thats for sure.
Now offer the car to me for 75k and I will be there with bells on tomorrow with a check in hand. 75k would allow me to drive the car for a year at almost a zero loss on my end.
I would love to get a S65 but there is no way I am paying 200k for something that will be worth 100k next year. On the other hand there is no way I will buy one used without a warranty either because the 65 will kill you on repairs. These are all issues that go through a lot of peoples minds before buying a 12 cyl car and most likely the reason why the 65 is headed for the discontinued rack.
Mercedes needs to figure out something to curb the MASSIVE depreciation people are taking on their cars. I know I won't buy a Mercedes again any time soon because of it. Not to say I didn't love my SL55 and I bought it for 40k off the sticker after 9 months drove it for 12 months and lost only 15k. If the Mercedes had a normal rate of depreciation I would buy a new one every two years.
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From: SF
07 E63 06 CLK55 Cab 03 P-car C4S
i heard that last month a rolls royce w/ $340k msrp and only 1200 miles on it went thru auction and could have been bought for $240k.
the S65 resale certainly sucks, but i think the others are equally terrible. my friend just bought a 2006 maserati quatroport w 20k on it w/ full remaining warranty and new condition for $70k. my guess is msrp was $115k-ish. from what i'm hearing, the high end cars are taking a hit across the board.
for me, it's not a matter of affording it. i'm very content w/ my 2002 S55 w/ 94k miles for $22k. it has a lot of the same functionality and fun as the more expensive cars, but i feel very good about spending less than a new accord or camry. when our 2 kids get older, i would love to get a cpo s600 sport for $35-40k or a s65 for $50k...i think that would be a pretty good value
the S65 resale certainly sucks, but i think the others are equally terrible. my friend just bought a 2006 maserati quatroport w 20k on it w/ full remaining warranty and new condition for $70k. my guess is msrp was $115k-ish. from what i'm hearing, the high end cars are taking a hit across the board.
for me, it's not a matter of affording it. i'm very content w/ my 2002 S55 w/ 94k miles for $22k. it has a lot of the same functionality and fun as the more expensive cars, but i feel very good about spending less than a new accord or camry. when our 2 kids get older, i would love to get a cpo s600 sport for $35-40k or a s65 for $50k...i think that would be a pretty good value
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From: westlake ohio
2007 e350 4matic
i used to wholesale cars and a lemon buyback is considered salvage due to the branding on the title. When you buy a salvage car you have to see what ruff book value is divide it by half and theres the value of the car.
Member
Joined: Nov 2006
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From: Upstate NY, Ponte Vedra FL
SL55, Cayenne S, Tundra, 360 spider
i heard that last month a rolls royce w/ $340k msrp and only 1200 miles on it went thru auction and could have been bought for $240k.
the S65 resale certainly sucks, but i think the others are equally terrible. my friend just bought a 2006 maserati quatroport w 20k on it w/ full remaining warranty and new condition for $70k. my guess is msrp was $115k-ish. from what i'm hearing, the high end cars are taking a hit across the board.
for me, it's not a matter of affording it. I'm very content w/ my 2002 S55 w/ 94k miles for $22k. it has a lot of the same functionality and fun as the more expensive cars, but i feel very good about spending less than a new accord or Camry. when our 2 kids get older, i would love to get a cpo s600 sport for $35-40k or a s65 for $50k...i think that would be a pretty good value
the S65 resale certainly sucks, but i think the others are equally terrible. my friend just bought a 2006 maserati quatroport w 20k on it w/ full remaining warranty and new condition for $70k. my guess is msrp was $115k-ish. from what i'm hearing, the high end cars are taking a hit across the board.
for me, it's not a matter of affording it. I'm very content w/ my 2002 S55 w/ 94k miles for $22k. it has a lot of the same functionality and fun as the more expensive cars, but i feel very good about spending less than a new accord or Camry. when our 2 kids get older, i would love to get a cpo s600 sport for $35-40k or a s65 for $50k...i think that would be a pretty good value
The exotic manufacturers really have it good. The market is set up so 90% of the buyers don't drive the cars because of resale and the manufacturers don't have to make warranty repairs. Then when the car is sold the miles are low problems that have arisen are low but when the next guy gets the car out of warranty and something breaks look out. Thats the part which pisses me off. I would love to have a S65 to pound the crap out of under warranty but I can't imagine the S65 being worth anymore to me than 75K. And again I don't want it to cost me anymore than 10k to use it for a year. All these thing are attainable except the warranty part which really is the biggest risk with a car like the S65. Oh I also would want to drive the newest body style too.
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From: Upstate NY, Ponte Vedra FL
SL55, Cayenne S, Tundra, 360 spider
I went down to world imports today and the S65 is sold. they sold it today. the car really looked great in that blue color. The salesman said they did get the 129 for it.
