What to look for on an 01 E-55amg?
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Member
Joined: Mar 2004
Posts: 92
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From: Sarasota
02 C32
What to look for on an 01 E-55amg?
Might be going to look at a 2001 E55 with 36k miles on it. Asking price is $28k and is good condition. I have a trade in of a 05 evo so I'll be lucky to get out even. What items should I look at on the e55? It is a 1 owner Florida car with a clean car faw at a BMW dealership.
Thanks
Thanks
Senior Member
Joined: Jan 2006
Posts: 386
Likes: 1
From: Jupiter, Florida
2005 E55, 2004 E55(sold), 2001 Viper GTS, 2006 Viper VOI9, 1994 ZR-1 Corvette 2009 Viper ACR,
$28k is way too much for that car, even with the miles.... That car should be in the low $20's..
Senior Member
Joined: Jan 2006
Posts: 386
Likes: 1
From: Jupiter, Florida
2005 E55, 2004 E55(sold), 2001 Viper GTS, 2006 Viper VOI9, 1994 ZR-1 Corvette 2009 Viper ACR,
If that dealer, had to off that car at the auction... They would probably get about 19-21 for it..
Member
Joined: Nov 2003
Posts: 211
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From: Atlanta
2002 E55, Black on Black
Might be going to look at a 2001 E55 with 36k miles on it. Asking price is $28k and is good condition. I have a trade in of a 05 evo so I'll be lucky to get out even. What items should I look at on the e55? It is a 1 owner Florida car with a clean car faw at a BMW dealership.
Thanks
Thanks
As for price, it all depends. A well cared for individual sold car with a clean history and a warranty warrants a higher price, and ending in the mid to even high twenties isn't a bad deal. Also, where you are located matters, unless you are willing to travel. Some markets are softer than others (where I am, you would NEVER get that car in the low 20s, from anyone unless it was a salvage title -- I've seen several clean low miles 02s with asking prices over $35K in the past 6 months, and the only cars listed around $20 have well in excess of 50K miles). Then you have options and color. Funky colors like gold often sell at cheaper prices than a more common silver or black.
That being said, if it was an auction car and has no dealer warranty left, price should definitely be discounted from $28K, even if it was a one owner vehicle. Auction price for that car is a well below $28K.
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Joined: Sep 2005
Posts: 96
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From: Palm Beach, FL
CLK, R350
I agree with the above post
I agree with above. Some markets are much softer than others. You should be able to get a better deal if you are willing to travel or ship. Check the records on the car, see where it has spent most of its life. I also believe you get better treatment from the MB dealership service department if it is a car you bought from them, or that they sold/serviced in the past. I think if the car is clean, has great records, is the color combo you want, and has a warranty even if it is third party 28K isnt bad!
