Selling my car...
08-12-2005, 12:54 AM
#26
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2005 Brilliant Silver E55
Originally Posted by 04E55 AMG
Dude,
You are giving the car away at that price.......a GREAT DEAL for the next buyer. If you buy a new car ($90K) and do what you have done (over $20K) they would pay close to $110K and up.
Good Luck
Make sure you tell them that it runs the 1/4 faster then stock 65's priced about $100K more
You are giving the car away at that price.......a GREAT DEAL for the next buyer. If you buy a new car ($90K) and do what you have done (over $20K) they would pay close to $110K and up.
Good Luck
Make sure you tell them that it runs the 1/4 faster then stock 65's priced about $100K more
08-12-2005, 01:25 AM
#27
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'03 G500, '13 G63, '17 GLS63,
Originally Posted by ndabunka
You may not have realized it but you actually supported my claim. Those are ASKING prices from DEALERS, not private party sales. Recently one went for $59K. I've seen E55 owners on THIS forum trading in 2004 E55's with low miles and only getting $60K to $65K for a one year newer car. Granted that was trade in value instead of private party but the figures I stated are more realistic than the ones you posted because my numbers come fomr actual sales/trades by people on this forum. Although they might not be in too quick a hurry to claim these these depreciation values, you can find them if you search through the site. Still, this one witht he mods is VERY nice so I do hope he gets the $'s it's worth from the car.
Here's a thread of a guys "trying" to get $70K for his 2004
https://mbworld.org/forums/showthrea...hlight=selling
Another of a guy trying to "get out of his LOADED 04" for $69K so that he can use the extra cash for an invesment real estate opportunity.
https://mbworld.org/forums/showthrea...hlight=selling
Here is an ebay "Buy It Now" listing for an 03 E55 with 27K miles for $62K.
http://cgi.ebay.com/ebaymotors/Merce...67021659QQrdZ1
BIN's can always be bought for less in person and with cash so you can be pretty safe in figuring that that car can easily be bought for about $58K. The miles do make a difference but not the $17K difference you appear to imply.
Here's a thread of a guys "trying" to get $70K for his 2004
https://mbworld.org/forums/showthrea...hlight=selling
Another of a guy trying to "get out of his LOADED 04" for $69K so that he can use the extra cash for an invesment real estate opportunity.
https://mbworld.org/forums/showthrea...hlight=selling
Here is an ebay "Buy It Now" listing for an 03 E55 with 27K miles for $62K.
http://cgi.ebay.com/ebaymotors/Merce...67021659QQrdZ1
BIN's can always be bought for less in person and with cash so you can be pretty safe in figuring that that car can easily be bought for about $58K. The miles do make a difference but not the $17K difference you appear to imply.
08-12-2005, 01:53 AM
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'05 C55 Black/Black Lighting, Premium, NAV
Originally Posted by E55_POWER
I only got $87K for my 3 month old CL55 with the K2 and LSD...damn resale sucked on the CL, won't be buying one of those again.
Mez
08-13-2005, 12:22 AM
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No longer car shopping...
Originally Posted by medici78
The only one we've seen for sale for $59K was a water-damaged vehicle.
No real need - Dark Star just posted that he BOUGHT an 03 for $61K WITH a PANO roof ($$$'s option) for $61K just a day ago. Seems to also support my point. It's a nice car and $60-$65 is about average for the 03's now-a-days. The options on M5KillR's do make it worth more. Maybe even the $75K he is seeking but only from the right buyer.
Last edited by ndabunka; 08-13-2005 at 12:28 AM.
08-13-2005, 12:30 AM
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No longer car shopping...
Originally Posted by mez456
Isn't the CL55 125k new? You lost 38k in 3 months? OUCH!!!! Sorry to rip the scab off an old wound. That sucks!!
Mez
Mez
08-13-2005, 01:20 AM
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2005 Brilliant Silver E55
Originally Posted by mez456
Isn't the CL55 125k new? You lost 38k in 3 months? OUCH!!!! Sorry to rip the scab off an old wound. That sucks!!
Mez
Mez
I do see the E55s dropping more rapidly now than before but I don't think they're taking a bath like my CL55 did. Maybe cuz the M5 is around the corner?
08-13-2005, 09:37 AM
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'06 M5
I talk to two people this week about trading my car in:
1. The largest MB dealer in Dallas
2. The Noble dealer who called a few wholesalers
Both offered me $58k for my vehicle on trade-in. I do think something is up with the value of our E55's.
1. The largest MB dealer in Dallas
2. The Noble dealer who called a few wholesalers
Both offered me $58k for my vehicle on trade-in. I do think something is up with the value of our E55's.
08-13-2005, 10:03 AM
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04E55AMG, 05Dodge RAM 1500 Quad Cab, 02Montero Limited
Originally Posted by darren_dallas
I talk to two people this week about trading my car in:
1. The largest MB dealer in Dallas
2. The Noble dealer who called a few wholesalers
Both offered me $58k for my vehicle on trade-in. I do think something is up with the value of our E55's.
1. The largest MB dealer in Dallas
2. The Noble dealer who called a few wholesalers
Both offered me $58k for my vehicle on trade-in. I do think something is up with the value of our E55's.
When selling anything you need to wait for right buyer. If you are looking to move something fast, 9 out of 10 times you will lose $$$$$. When I was selling my 01 911 TT a few years ago which was modded, I had offers from folks all over the US that were offering me $15K lower then want I sold the car for. I held to my guns and 6 months later I found the right buyer who wanted the mods and still saved $$$$.
08-13-2005, 11:37 AM
#34
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07 S65
Originally Posted by 04E55 AMG
Awesome News! We are back on for track days in the fall! Spoke to Alex yesterday and he may be getting the new M5 in a few months.
Derrick
08-15-2005, 08:55 AM
#35
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2005 Brilliant Silver E55
Originally Posted by DJe55
Don't forget about me. I am all stock but would love to come out and beat on the car a little. Let me know when you guys are planning on getting together.
Derrick
Derrick
08-15-2005, 11:53 AM
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04E55AMG, 05Dodge RAM 1500 Quad Cab, 02Montero Limited
Originally Posted by E55_POWER
Guys, wait for either my Z06 or the M5...I don't think my 750i will be fun at all for me to take up there.
That will be very cool to get real world side by side runs on how stock and modded E55's will do against the new Z06 or new M5. We should plan to take videos.
Many members will love to see the results of that instead of what mags say.
Alex, it will be a blast to go head to head with either one you get. I would love to run some high speed runs past the 1/4 mile mark to the 1/2 mile mark and see if you or I can pull on each other over 120mph.
08-15-2005, 01:46 PM
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2005 Brilliant Silver E55
Originally Posted by 04E55 AMG
That will be very cool to get real world side by side runs on how stock and modded E55's will do against the new Z06 or new M5. We should plan to take videos.
Many members will love to see the results of that instead of what mags say.
Alex, it will be a blast to go head to head with either one you get. I would love to run some high speed runs past the 1/4 mile mark to the 1/2 mile mark and see if you or I can pull on each other over 120mph.
Many members will love to see the results of that instead of what mags say.
Alex, it will be a blast to go head to head with either one you get. I would love to run some high speed runs past the 1/4 mile mark to the 1/2 mile mark and see if you or I can pull on each other over 120mph.
I honestly don't think the M5 will be able to beat your E55, a stock one should be close. The Z06 should be able to beat both stock and modded based on what I'm reading. Who knows, if all goes well we can run both the Z06 and the M5...Z06 if it arrives in Oct, then we should be able to run both since the M5 won't be here til Nov (at least that's what I was told).
Oh, and the iDrive is really easy to use now on the 7er
Almost wrecked the first day, but I'm pretty proficient now.
08-15-2005, 03:26 PM
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2005 Brilliant Silver E55
Originally Posted by blackbenzz
I'll drive whichever one you dont want to drive up to the track
Well my goal was to get the Z06 and play with it til the M5 came
08-15-2005, 05:50 PM
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04E55AMG, 05Dodge RAM 1500 Quad Cab, 02Montero Limited
Originally Posted by E55_POWER
Well my goal was to get the Z06 and play with it til the M5 came
We will have a blast running our cars together. My gut tells me it will be very close between the new Z06 and my modded E55. I should have the throttle body in by then and will be pushing over 600HP and close to 670TQ.
Running the Z06 and the beast up to 1/2 mile will be fun to see how both cars fair.
08-15-2005, 07:53 PM
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'03 G500, '13 G63, '17 GLS63,
Originally Posted by darren_dallas
I talk to two people this week about trading my car in:
1. The largest MB dealer in Dallas
2. The Noble dealer who called a few wholesalers
Both offered me $58k for my vehicle on trade-in. I do think something is up with the value of our E55's.
1. The largest MB dealer in Dallas
2. The Noble dealer who called a few wholesalers
Both offered me $58k for my vehicle on trade-in. I do think something is up with the value of our E55's.
08-15-2005, 09:07 PM
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'06 M5
Only 24,500. My wife works for an insurance company and she pulled the value of my car using their "insider" books (based on my VIN) and it says the trade-in/wholesale value should be $70,500.
08-15-2005, 10:15 PM
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2005 Brilliant Silver E55
Originally Posted by darren_dallas
Only 24,500. My wife works for an insurance company and she pulled the value of my car using their "insider" books (based on my VIN) and it says the trade-in/wholesale value should be $70,500.
People, CARS are the worst investments anyone can make, I"m sure all of you know that.
08-15-2005, 10:18 PM
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04E55AMG, 05Dodge RAM 1500 Quad Cab, 02Montero Limited
Originally Posted by E55_POWER
Man, you're better off diving that thing into a lake than trading in if that's the case
People, CARS are the worst investments anyone can make, I"m sure all of you know that.
People, CARS are the worst investments anyone can make, I"m sure all of you know that.
Hey Bro,
Left a VM today on your cell. Did you get it?
the Greek
