SL/R230 Used SL 500 Pricing? - MBWorld.org Forums

Jan 10, 2005 | 09:45 PM

kingsolomon12

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Used SL 500 Pricing?

Hi I am looking into a car for my friend. He wants an 03 SL500 with low miles (under 20k). He will probably be buying from a dealer, most price guides are saying around $74,000. Do u think this is accurate or will he be able to find the car and pay significantly less? Would it be unrealistic to get this type of vehicle at under $70k?
Thanks in advance,
MarK.

Jan 12, 2005 | 10:49 PM

WIldcat465

Senior Member

Joined: Oct 2004

Posts: 433

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From: Phoenix, AZ

2007 CL600

Quote:

Originally Posted by kingsolomon12

I haven't seen any low mileage '03s anywhere near $74. In san diego, cars @ dealers can be had between $80 and $85k well optioned. Also, I would not buy a car that was not certified.

Jan 13, 2005 | 12:21 AM

kingsolomon12

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Quote:

Originally Posted by WIldcat465

I haven't seen any low mileage '03s anywhere near $74. In san diego, cars @ dealers can be had between $80 and $85k well optioned. Also, I would not buy a car that was not certified.

Ok cool bro thanks for the info, Ill keep it in mind. One question though as its an 03, why is it important to get certified as 03's will still have a warranty right, even if bought private?
MarK.

Jan 16, 2005 | 11:15 AM

WIldcat465

Senior Member

Joined: Oct 2004

Posts: 433

Likes: 9

From: Phoenix, AZ

2007 CL600

Quote:

Originally Posted by kingsolomon12

Ok cool bro thanks for the info, Ill keep it in mind. One question though as its an 03, why is it important to get certified as 03's will still have a warranty right, even if bought private?
MarK.

CPO car warranties are tranferable and extend the original warranty to 100k miles + add time to the the balance of the mfg warranty and you can still buy an extended warranty on top of that. Plus you get dealer support. In many ways, the CPO warranty is better than the original warranty. I just feel safer with a certified car from a dealer unless the private party car was bought as a CPO car.

I had my CPO '03 launch designo about 60 days. The car had that designo cat **** smell. So I dumped it. I'm much happier with my CL500. Besides, my wife has an SL600 and we don't need two two-seaters.

Jan 16, 2005 | 05:28 PM

Hirby

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Joined: Jan 2005

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From: Laguna Niguel, CA

i have an 04 sl500 for sale in orange county, ca. 17k miles, asking 79k for it. great condition except the blinker on the sidemirror which has a crack on it. lemme know if you're interested

Jan 16, 2005 | 11:53 PM

northbenz

Super Member

Joined: Nov 2001

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sl and M-class E320 4Matic SLK350

Locate the brokers who absorb the lease ending autos

Keep looking. You should be able to find a 2003 for your target price, but forget about getting it with less than 20,000 miles. Jillions of these are coming up for sale as the typical two year lease has run and the supply outstrips demand.

Jan 20, 2005 | 05:40 PM

LASTYYLE

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Joined: Dec 2004

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From: So Cal

'03 SL500

Try looking on Ebay

I found my '03 SL500 with 21k miles on Ebay. No accidents/flood damage/etc.
The 'Buy It Now' price was $72k.
I contacted the dealer directly and negotiated the price to $66k (roughly $10k less than blue book).
I highly recommend contacting a seller directly and trying to work out a good price and of course getting a carfax report and dealer inspection to ensure that you're really getting a good deal.
I couldn't be happier with the car and have yet to see a better price anywhere.

Good Luck!