W211 AMG Discuss the W211 AMG's such as the E55 and the E63
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Trade in time......advice please

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Old 11-03-2006, 10:07 PM
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07 ML63; 05 E55 (sold)
Trade in time......advice please

Trading in the '05 E55 tomorrow for an '07 ML 63. The E is obsidian, and has 25 k mi. The car is in near showroom condition save for a few small stone chips. No accidents. Dealer first offered me 53k about 1-2 months ago...I said , then thought , then got , now I'm thinking

Keep in mind I will only have to pay sales tax on the difference between the price of the ML and the trade on the E, that adds about 3500.00 to the deal.

Is a net of 56500 reasonable for a pristine Florida E55??

Opinions please......
Old 11-03-2006, 10:29 PM
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You took a hit. I would have kept that 55.
Old 11-04-2006, 03:07 AM
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WOW... they are b$ing you. I went into the dealer to get my car traded in for a 2004 fully loaded E55... and they wanted to give me $53,000 for my 2006 SLK55... I'd say either you trade with me or you keep the E55. Don't get a ML =/
Old 11-04-2006, 03:08 AM
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waiiiit, how are you only paying $3500 on top of your car for an '07 ML63!?
Old 11-04-2006, 09:12 AM
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The $3500 is a sales tax credit for the e55. (6.5% x 53,000)

Eagleeye,

I saw your car at the Homestead AMG. What are you doing with your wheels?
Old 11-04-2006, 09:40 AM
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you're not computing the sales tax correctly you only pay the .5% surtax on the first $5000. It would be $53,000 x .06 = $3180 + $25 (.005 x $5000) = $3205. Not a huge difference but every little bit counts. So you are essentially willing to sell you E55 for $56,205, and I would be surprised if you couldn't find a retail buyer who would give you more for it, which would outweigh the benefit of sales tax credit when trading.
Old 11-04-2006, 10:11 AM
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In Today's market I think you would get $60K at the most. That is if you are lucky and find a buyer that really wants it. If it were me I would make the trade. I hate trying to sell a used vehicle, and for a fast sell, you won't get much more than what they are offering. Keep in mind that the same thing will likely happen with the ML a couple of years from now. Keep the 55.
Old 11-04-2006, 01:07 PM
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Drove by a new ML63 yest. on the way to work, sharp looking car. But unless you really needed the little extra space that the ML provides, otherwise I also suggest to keep the 55 since a supercharged 4 door sedan is hard to find.

* on the other way before seeing the ML63 getting off ramp on the freeway saw a brand new M6, damn nice looking car too!
Old 11-04-2006, 01:35 PM
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Originally Posted by Insigno E55
Drove by a new ML63 yest. on the way to work, sharp looking car. But unless you really needed the little extra space that the ML provides, otherwise I also suggest to keep the 55 since a supercharged 4 door sedan is hard to find.
The ML doesn't offer any more space than the E. Sounds like he fancies a change while AWD will be a nice addition when trying to control 500bhp in one of those Florida thunderstorms.
Old 11-04-2006, 02:21 PM
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Post pics and what options? I might be interested!
Old 11-04-2006, 04:50 PM
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honduh, bimmer, bEnz, ferrari and etc
Originally Posted by eagleeye
Trading in the '05 E55 tomorrow for an '07 ML 63. The E is obsidian, and has 25 k mi. The car is in near showroom condition save for a few small stone chips. No accidents. Dealer first offered me 53k about 1-2 months ago...I said , then thought , then got , now I'm thinking

Keep in mind I will only have to pay sales tax on the difference between the price of the ML and the trade on the E, that adds about 3500.00 to the deal.

Is a net of 56500 reasonable for a pristine Florida E55??

Opinions please......
i have a '05 loaded with less mileage than u, i was offered 52k by my bmw dealer.
they say low 50's is the wholesale trade-in, which seems to be true.

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