Is this price worh it. The car has 45000 miles very clean and good condition but no navigation.

 

You should be able to get this car for between $35,000 to $37,000 retail. The price of used E55s has really dropped.

 

I don't agree that they've dropped that far, '00 E55's seem to be going in the 40's.

 

An '00 E55 with 45,000 miles is worth less than $44,000 in the current matket IMO.
If it had 20,000 miles, a fair price would be in the $46,000-48,000 range.
That kind of mileage (45K) really decreases its marketability.
Do not pay $48,000 for that car.
Have you checked to see what the market looks like?
Go to e-Bay and autotrader.com for starters.
Find something similar and compare.

 

I'd say around $42k is a good price. but to find it in the $37k range is going to be close to imposible right now IMO.

 

If I were in the mkt for a high milage e55, I'd pay no more than $40m for this one...