2001 E55 w/ only 287 miles???
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1998 BRABUS C 5.8
2001 E55 w/ only 287 miles???
I’ve been lurking in here for a while hoping someone would willing to part with a modified 2001 E55 in techtite gray, but to no avail. I did find one that caught my interest and I thought I would share it with you guys. I found a 2001 E55 with 287 miles on it. Yes, 287 miles. I originally thought back to the instrument cluster that is often the problem on a ’01 and wondered if there was a switch to roll back the miles. Not that it’s possible, but it crossed my mind. Anyway, the dealer said that they bought it off a collector who rarely drove it. They want a small fortune, but what is it worth? My guess is $35K, assuming that they replace all the rubber on the car (i.e. tires & hoses). They think it’s worth $50K, but will sell for $48K. For that scratch you could have a 2003. What bank would finance $48K on a 2001 E55? What are your thoughts??
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From: SoCal
AMGs
Originally Posted by TJMJR
I’ve been lurking in here for a while hoping someone would willing to part with a modified 2001 E55 in techtite gray, but to no avail. I did find one that caught my interest and I thought I would share it with you guys. I found a 2001 E55 with 287 miles on it. Yes, 287 miles. I originally thought back to the instrument cluster that is often the problem on a ’01 and wondered if there was a switch to roll back the miles. Not that it’s possible, but it crossed my mind. Anyway, the dealer said that they bought it off a collector who rarely drove it. They want a small fortune, but what is it worth? My guess is $35K, assuming that they replace all the rubber on the car (i.e. tires & hoses). They think it’s worth $50K, but will sell for $48K. For that scratch you could have a 2003. What bank would finance $48K on a 2001 E55? What are your thoughts??
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Joined: May 2006
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From: Tucson, AZ.
05 E55 AMG
The most I'd offer for it is $37k...maybe $40k if you knew you were going to keep it for a long time. Anything more than that and it'd be 03'+ time.
As far as what they'd finace it depends on what book value they use:
NADA: $37,150
KBB: $43,625
If it's loaded with nav and phone that is. To further cloud the issue some banks only lend 90% of the book value.
As far as what they'd finace it depends on what book value they use:
NADA: $37,150
KBB: $43,625
If it's loaded with nav and phone that is. To further cloud the issue some banks only lend 90% of the book value.
Last edited by Trevor; May 12, 2006 at 12:31 AM.
Thread Starter
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Joined: Apr 2003
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1998 BRABUS C 5.8
I must say I agree with you guys. For that amount, I would go with a 2003. What I may try and do if use this car as the proposed vehicle for financing. Assuming that they approve a decent chunk of change, like $43K, then I can buy an ’02 with higher miles and use the difference to finance the modifications prior to closing the loan.
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Several MB's Superperformance MK III Cobra
Originally Posted by TJMJR
I’ve been lurking in here for a while hoping someone would willing to part with a modified 2001 E55 in techtite gray, but to no avail. I did find one that caught my interest and I thought I would share it with you guys. I found a 2001 E55 with 287 miles on it. Yes, 287 miles. I originally thought back to the instrument cluster that is often the problem on a ’01 and wondered if there was a switch to roll back the miles. Not that it’s possible, but it crossed my mind. Anyway, the dealer said that they bought it off a collector who rarely drove it. They want a small fortune, but what is it worth? My guess is $35K, assuming that they replace all the rubber on the car (i.e. tires & hoses). They think it’s worth $50K, but will sell for $48K. For that scratch you could have a 2003. What bank would finance $48K on a 2001 E55? What are your thoughts??
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From: Ventura County USA
'06 E55, '05 SLK55, a few others
Forget an '03, most of the W211 problems are with the earlier models. The W210's are better cars. I'm kinda regretting buying the '06 (what a POS compared to the W210 E55). Even the dealer who did my first service on the '06 a week ago said they are junk compared to the W210's, and I won't even repeat what they had to say about the CLS. I would love to have it since it's the same (very rare) color as my '02. It is collectible. I'm not sure about the '01's, but there were only 86 Tectite '02's brought into the States. I would make them an offer around 39-40K and enjoy it.
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Originally Posted by mysticblu999
i had 40k in my 99 E55 with 8190 miles after shipping.... 45k is probly a deal if you want a brand new old car like i did....
It's not a bad idea. If you love the styling of the older model ( I do) and are certain the car has all the rubber replaced why not buy it for 43k? It would still be a heck of a car for the money, and if you plan on keeping it for 80-100k the depriciation will even out anyway.
