I need some quick help. My brother has picked out a 2006 E55 with 18K miles. Has most options except pano, parktronic, and distronics. Black on black. New tires. Looks perfect in every way. Should he pull the trigger? Price is a flat 62K. Will be under warranty until 10/2009. Should he let the hammer down?

 

62K is a good price, if it looks clean I would say pull that trigger

 

The price looks good to me, here are the recent auction sales but most of these cars needs some minor recon so maybe add 500 more to the prices before the dealer has a benchmark.

02/07/07 ATLANTA Regular $57,200 2,465 Avg TAN 8G A Yes
01/04/07 RIVRSIDE Regular $59,500 13,957 Avg BLACK 8G A Yes
12/14/06 MANHEIM Lease $60,750 13,681 Avg BLACK 8G A Yes
12/14/06 MANHEIM Regular $59,500 13,479 Avg BLACK 8G A Yes
11/02/06 NEVADA Regular $57,000 22,771 Avg WHITE 8G A No
10/25/06 W PALM Factory $60,800 1,128 Avg FLT GRY 8G A Yes

 

Thanks much Vic, I appreciate the info. The auction prices you post are useful and interesting.