Guys I just wanted some back input on this. I just saw today a 2003 E55 go on Ebay for $32,600 It had 77,000 miles and no CPO. It also did not have Keyless Go, Pano Roof, Dynamic Seats and the condition was not that great looking overall. The reason I ask is people have been lowballing me here on my car trying to offer me low 30's like this car. However my car has 25,000 less miles, Keyless Go, Pano Roof, Dynamic Seats. This also does not include the basic improvments I've done like Johnson Pump, -10 fan mod, factory Lowering, 160 therm. I'm not saying these add alot of value but they do take time and cost some money and they correct issue's that the car on Ebay probally has, therefore there worth some value. So I think I'm correct in how I've came to my pricing of $37K and think that's fair to a buyer who wants one of these cars. What do you think?

My car priced equal to Today's Ebay one $32,600 Then Add my Cars Extra's


$32,600

My car has 25,000 lower miles = +$2000
Keyless Go= +1000
Pano Roof= +1000
Dynamic Seats=+ $500
Overall Condition= +$500
Aftermarket Corrections= =$400

Total=$38K So $37 is a Fair Price The Sale Link to My car is below.

https://mbworld.org/forums/showthrea...=214369&page=2

 

listen russ. you can ask whatever in gods name you want for your car, but that doesnt mean someone else is going to agree and pony up and pay what you are asking. they might. they might not? it depends. are you in a hurry to sell the car? if not, then you may be more willing to sit on it.

im not saying your cars the most expensive, but its surely not the cheapest either. and for every car you point out that may be cheaper like this one with more miles and less options, need i remind you that you turned a blind eye when i mentioned derrick lui (a fellow forum member) who was asking basically the same amount (38k) for a car with the same amount of options as yours, wait, i think he also had the nav as well on his 03, which basically means his car has MORE OPTIONS, not to mention CPO, whereas you dont have either of the 2. oh and his car had 17k miles less too.

based on your unwillingness to budge or negotiate and the given condition of the market, my guess is you will be sitting on your car for a while unless you

1. lower your price.
2. find that lucky buyer who sees things the same way you is willing to pay your asking price.
3. end up keeping the car.


no one is telling you what you have to sell the car for, because thats upto to you. were not gonna lose sleep over what the car ends up going for or what your asking price is, and thats that.

 

Stick to your guns $37 is fair and leaves you room for negotiation

I can say @ $30K, you can part it out and make money.

engine,trans,diff =20K
F clip 4k
R clip 6k
interior 3k
airmatic 2k
brakes 2k
wheels 1k

Years ago my neighbor had an 190E that he could not sell, 67K miles, wanted $2500 had it in auto trader for months. Well a young drunk hit it (hit and run) now he was stuck. The rear end was smashed big time. To make a long story short, He found a guy that wanted the engine and trans. Now when the guy came to check out the engine, he wanted the interior and window lift motors too. sold $2700 then a body shop took the front clip, sunroof , all gone in one week and for more money than in drivable condition. Oh the AC & controls sold for 1K crazy.

 

Thank YOU!

 

We'll I'd rather sell it. But for low 30's. I'll watch it burn!

 

Don't worry, the right guy will come along at the right time at the right price.
One thing I find interesting here is that more cars don't sell to family members. All my cars & trucks & boats are passed along in the family. Heck I have cousins that are ready to buy cars from me that I haven't owned yet.

 

Help me understand something please. And don't take this as a ball breaking - just an observation on my part. I have noticed you trying to sell the car for a couple months. If someone came and said here is $32K cash are you telling me you would say no way over $5K difference? Seems to me if you are the original owner that you have already taken a beating on the depreciation and another $5k to get it sold wouldn't be terrible.

But, I do understand the art of being stubborn or bull-headed...just ask my wife! LOL

 

I dunno Russ...I already gave you my input, but take a look at what is out there in the marketplace:

'03 with 47k mi: $32,800

http://www.autotrader.com/fyc/vdp.js...e=&cardist=877

2003 with similar miles to you: $34,800

http://www.autotrader.com/fyc/vdp.js...e=&cardist=870

2003 with similar miles to yours: $35,9k

http://www.autotrader.com/fyc/vdp.js...e=&cardist=889

And you have to keep in mind those are asking prices, which are going to be 10%-20% negotiable...

Here is a 2003 with 20k miles that just went on Ebay for $29,6

http://cgi.ebay.com/ebaymotors/Immac...em230221189663

As to the auction you referred to, I dunno...thats high for that car and those miles. You almost have to wonder whether the owner was bidding on his own car with a separate screename. That happens a lot...

ETA: And the Ebay one I posted has Nav, too, which you are missing...

 

I have been looking for E55's for the past couple of months. I almost pulled the trigger on a 03' w 20k miles for $39000. Car had the same options and was CPO. Other one I almost bought was 03 with 20k miles for $38,000. I wouldn't say these were deals, but give the condition of these cars they were fair prices. Also to give you an idea, the Mercedes Dealership in Columibia(right down the road from you) just had a 03 with similiar options with 65k miles, CPO for $31,900. Car was in Average condition otherwise I would have bought it. That was asking price too, I would think they would have taken a grand or two off that.

If your car was 32-35 I would be giving you a call b/c I am down the road in Charleston and looking. You don't have to always be the cheapest, but you don't want to be the most expensive. Many people are willing to pay(myself included) a little more for a car that has one owner and has been taken care of.

Ask what you want for the car and don't worry about what people say your car is worth. If you don't mind sitting on it for a while, don't sweat it and see what happens. I will tell you that I decdied to wait a couple of months to buy one because they are depreciating soooo much the past couple of months. I can only imagine 2-3 months from now especially with all this economy talk. Just my two cents.

Good luck with your sale. Your car looks awesome!

 

Hey bud, thanks for you reply. The one your mentioned on Ebay with 20K miles at $29,600 is still in progress on the auctions. It's not went anywhere yet. I have decide then under you guys advice that I will take $35,500 for the car. If you or someone else wants it let them know.

Russ

 

Thanks for the info.

 

I know what your saying about it's only $5K. But NO, I would not accept $32K for it. Look at what just sold yesterday on Ebay. Car not near as nice with 2 years higher miles and no options for $33K. About the wife thing, I do know about that!

 

Thanks for the info and compliments. If you want the car for $35,500 come and get it, but it ain't going no lower.

 

I was just getting ready to offer you $35,400 for it, but I guess I won't!

 

Do you have warranty on yours? I am really looking for a CPO, but would consider one that has an aftermarket on it.

 

If you are patient, you will get it. I would post on the following if you haven't:

cars.com
autotrader
ebay motors

If you do a nice ad and hit them all at once with the price at $35.5K, you should sell it. If you post it at $40 or $45K, you will probably not have much luck.

A mint loaded '03 with 22K miles recently sold on ebay for $41K with 3 years of CPO. A car with 50K miles and no CPO is worth significantly less.

 

I doubt you can handle that much!

 

No it does not. Others are selling for this price with more miles, no cpo, no pano, no keyless go, no dynamic seats. These cars don't have any major issue's with the diff's, drive, tranny's, or motors. There all bullet proof. It's not going to leave you stranded.

 

Thanks for the info. I will consider it if I have not had luck selling it this week. Also about your tadpol car. It's really not that bad. In fact I like the M coupe's.

 

haha let me know when you are serious about selling the car. =)

 

We'll since you already have a 2005E55AMGLOL, I guess you need an other 2003 LOL to go with it. Huh, That makes sence.

 

Did you try carmax? Not sure what they're gonna ask (usually KBB trade-in good or fair) but it doesn't hurt to check and make it as your bottom-rock price.

My experience...
I also had a hard time selling my E55 also last year. I saw eBay price was a bit crazy ('01, 73K, the ones sold ranging from $16-$18K).... Tried craigslist, a bunch of tools offered me $15-19K. In the end, I went to Carmax and got a written offer for $20.5K (between KBB trade-in good & fair that time) valid for 7 days. Before I was not sure to reject offers at 19-20K... but after Carmax, I felt a lot more confident.

I almost let it go to Carmax when a buyer came along and offered $21K cash.

So my advice... go to carmax and see what they offer... once you know your bottom-rock price, you could always tell low-ballers to take a hike if they offer you lower than carmax.

Good luck!

 

Thank you for the info. I may try that. I have heard though carmax does not intend to resale cars that are more than 4 models years old. Therefore I'm not sure how they would exspect to make anything. I do appreciate you serious input and goodwill on the thread unlike many other's around here.

Russ

 

If my guess above was correct (only 1 data point... sorry ) that Carmax offered somewhere between KBB trade-in fair & good for an excellent shape car, I think they'll offer $33-34K.

Check their sides.... they have some '03 E55's. Some of them have similar mileage... they're asking high 30's. Assume they first try to get 20% profit (according to my cousin comparing carmax's offer price and asking price), that's aligned w/ $33K offer I expect above.

So if I'm right, you could use this $33K as your bottom-rock price... meaning $34-35K right now should be very reasonable (and quite firm) price, IMO.

 

More good helpfull info from a fellow forum member. Wish more were like you bud.