Dealer Rip-off...so what's new
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Dealer Rip-off...so what's new
I went to the Porsche/MB dealer in Chicago on a whim to ask about trading in for a 2006 911 Carrera 4S convert. I had money in hand and was going to buy today if the deal was good enough.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
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From: Colorado, USA
MBZ SLK
Originally Posted by jmejones
I went to the Porsche/MB dealer in Chicago on a whim to ask about trading in for a 2006 911 Carrera 4S convert. I had money in hand and was going to buy today if the deal was good enough.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
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From: Texas
2005 SLK55 AMG
KBB for trade-in in Chi area, excellent cond, fully loaded SLK55 (Nav, HK sound, prem wheels, etc.) at 3800 miles is $40.2K. Not sure why?? The SLK350 with similar options is $39.9. Somethings f'd up at KBB.
Edmunds for same is $53K.
NADA is $52K.
Can only assume KBB is screwed up for some reason, and assume the dealer ran thru all of them and picked the lowest. Can't blame he for that (for an opening offer).
You could go back and show him NADA and Edmunds and point out the KBB SLK350 is only $300 diff.
Edmunds for same is $53K.
NADA is $52K.
Can only assume KBB is screwed up for some reason, and assume the dealer ran thru all of them and picked the lowest. Can't blame he for that (for an opening offer).
You could go back and show him NADA and Edmunds and point out the KBB SLK350 is only $300 diff.
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Originally Posted by jmejones
I went to the Porsche/MB dealer in Chicago on a whim to ask about trading in for a 2006 911 Carrera 4S convert. I had money in hand and was going to buy today if the deal was good enough.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
I got 42 grand in cash burning a hole in my pocket for your car right now! Seriously, that is an insulting offer, and you we're absolutely right to shake your head and walk out. My offer stands, btw
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slk55lvr: Since you are being so gracious, I'll give you half of my azz in return for your 42K...just kidding of course. I showed the dealer the other sites and of course they were not budging so I said see ya.
Last edited by jmejones; Aug 26, 2006 at 11:11 PM.
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From: Chicago
2006 SLK55 AMG/// 2006 Porsche CaymanS 2010 135i
Originally Posted by jmejones
I went to the Porsche/MB dealer in Chicago on a whim to ask about trading in for a 2006 911 Carrera 4S convert. I had money in hand and was going to buy today if the deal was good enough.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
I walked out 15 minutes later when they only offered me $41K for a 2005 silver SLK55 with 3800 miles in "excellent" condition with HRE premium wheels and stock wheels.
Sounds like Loeber?? or was it another dealer??
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From: Harpers Ferry, WV
SLK55, Ford F350 Diesel, WV Jetta TDI
Originally Posted by bloflin
KBB for trade-in in Chi area, excellent cond, fully loaded SLK55 (Nav, HK sound, prem wheels, etc.) at 3800 miles is $40.2K. Not sure why?? The SLK350 with similar options is $39.9. Somethings f'd up at KBB.
Edmunds for same is $53K.
NADA is $52K.
Can only assume KBB is screwed up for some reason, and assume the dealer ran thru all of them and picked the lowest. Can't blame he for that (for an opening offer).
You could go back and show him NADA and Edmunds and point out the KBB SLK350 is only $300 diff.
Edmunds for same is $53K.
NADA is $52K.
Can only assume KBB is screwed up for some reason, and assume the dealer ran thru all of them and picked the lowest. Can't blame he for that (for an opening offer).
You could go back and show him NADA and Edmunds and point out the KBB SLK350 is only $300 diff.
My philosophy is to NOT trade-in cars that are in good/excellent condition - it may be a bit of a headache, but in the long run you will come out THOUSANDS of dollars ahead.
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Originally Posted by jmejones
slk55lvr: Since you are being so gracious, I'll give you half of my azz in return for your 42K...just kidding of course. I showed the dealer the other sites and of course they were not budging so I said see ya.
No offense intended in my comment, and none taken by yours either
All kidding aside, you have to sell that car privately to get a remotely fair price. I'd be shocked if you did not get at least 50k for it ( i'd buy it for that in a heartbeat). Dealers, as always, are criminals when it comes to trade-ins.
