I'm considering selling my 2005 E55, it's fully loaded w/ CPO warranty...
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
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From: SW FL
2005 E55 Black / Black Every available option except Sat radio
I'm considering selling my 2005 E55, it's fully loaded w/ CPO warranty...
Car is Black on Black with every option, 32,943 Miles on it:
Burl Walnut
Hands Free Communication
Distronic
Parktronic
Rear-side window roller blinds
Active Ventilated front seats
Panorama Roof
Tire-Pressure Monitoring System
DVD COMAND navigation
Power Rear Window Sunshade
6-Disc CD Changer
Electronic Trunk Closer
Keyless Go
Lighting Package
Drive Dynamic Seats left & Right
Original MSRP on car was $96,790, which is the highest factory sticker I have ever seen
It has a Full CPO warranty good until August 2009 and I have the card that makes it fully transferable at no charge.
Pictures available upon request via PM
I am asking $61,995 OBO, location of car is SW FL my garage & you are getting the most loaded CPO car you can get on the market with the coolest colors combo, black on black. The last major service (I think it was D) was done ~40 days ago, so you'll have many moons of driving before you need another. Goodluck and good hunting!!
Burl Walnut
Hands Free Communication
Distronic
Parktronic
Rear-side window roller blinds
Active Ventilated front seats
Panorama Roof
Tire-Pressure Monitoring System
DVD COMAND navigation
Power Rear Window Sunshade
6-Disc CD Changer
Electronic Trunk Closer
Keyless Go
Lighting Package
Drive Dynamic Seats left & Right
Original MSRP on car was $96,790, which is the highest factory sticker I have ever seen
It has a Full CPO warranty good until August 2009 and I have the card that makes it fully transferable at no charge.
Pictures available upon request via PM
I am asking $61,995 OBO, location of car is SW FL my garage & you are getting the most loaded CPO car you can get on the market with the coolest colors combo, black on black. The last major service (I think it was D) was done ~40 days ago, so you'll have many moons of driving before you need another. Goodluck and good hunting!!
Last edited by skooby; Mar 10, 2008 at 07:20 PM.
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Joined: Jul 2006
Posts: 1,947
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From: Oklahoma City
2015 AMG C63 S
Car is Black on Black with every option, 32,943 Miles on it:
Burl Walnut
Hands Free Communication
Distronic
Parktronic
Rear-side window roller blinds
Active Ventilated front seats
Panorama Roof
Tire-Pressure Monitoring System
DVD COMAND navigation
Power Rear Window Sunshade
6-Disc CD Changer
Electronic Trunk Closer
Keyless Go
Lighting Package
Drive Dynamic Seats left & Right
Original MSRP on car was $96,790, which is the highest factory sticker I have ever seen
It has a Full CPO warranty good until August 2009 and I have the card that makes it fully transferable at no charge.
Pictures available upon request via PM
I am asking $61,995 OBO, location of car is SW FL my garage & you are getting the most loaded CPO car you can get on the market with the coolest colors combo, black on black. The last major service (I think it was D) was done ~40 days ago, so you'll have many moons of driving before you need another. Goodluck and good hunting!!
Burl Walnut
Hands Free Communication
Distronic
Parktronic
Rear-side window roller blinds
Active Ventilated front seats
Panorama Roof
Tire-Pressure Monitoring System
DVD COMAND navigation
Power Rear Window Sunshade
6-Disc CD Changer
Electronic Trunk Closer
Keyless Go
Lighting Package
Drive Dynamic Seats left & Right
Original MSRP on car was $96,790, which is the highest factory sticker I have ever seen
It has a Full CPO warranty good until August 2009 and I have the card that makes it fully transferable at no charge.
Pictures available upon request via PM
I am asking $61,995 OBO, location of car is SW FL my garage & you are getting the most loaded CPO car you can get on the market with the coolest colors combo, black on black. The last major service (I think it was D) was done ~40 days ago, so you'll have many moons of driving before you need another. Goodluck and good hunting!!
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
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From: SW FL
2005 E55 Black / Black Every available option except Sat radio
~$97 K Black on Black cars never show up at all. I have never seen another one but mine. Your thinking the $88 K cars you see all the time, this is way way different. If you can produce a $97 K -CPO 2006 E -AMG for $62 K I'll buy it myself. I just priced out a 2005 CPO one loaded, I am real close at $62K.
Last edited by skooby; Mar 10, 2008 at 10:08 PM.
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From: South Florida
STS,FGT,12C,P85D,M4
the market is tough on these cars, color and options don't matter too much.... some don't want all the options as they add weight and slow the car down.... low 50's is probably more like it.... if you want a real shocker, ask the dealer what they would give you....
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From: Caribbean/Florida/Colorado
E-ZGO 53hp., 1999 E 430 sport, 2004 E 55, 2008 Tahoe LTZ on 24"s
~$97 K Black on Black cars never show up at all. I have never seen another one but mine. Your thinking the $88 K cars you see all the time, this is way way different. If you can produce a $97 K -CPO 2006 E -AMG for $62 K I'll buy it myself. I just priced out a 2005 CPO one loaded, I am real close at $62K.
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1989 Toyota Tercel EZ - dyno'd @ 70whp/77wtq
'05 here w/ $102,450 MSRP, 21K miles, Stage 1, warranty till 2012. I'll let it go for $65K right now.
I wish you all the best.... I've been so far depressed w/ the price right now.... hope you could break the chain. I'm glad I still enjoy the car. Can't imagine if I'm already bored w/ it
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Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
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From: SW FL
2005 E55 Black / Black Every available option except Sat radio
Is your offer above valid for '05 w/ extended warranty?
'05 here w/ $102,450 MSRP, 21K miles, Stage 1, warranty till 2012. I'll let it go for $65K right now.
I wish you all the best.... I've been so far depressed w/ the price right now.... hope you could break the chain. I'm glad I still enjoy the car. Can't imagine if I'm already bored w/ it
'05 here w/ $102,450 MSRP, 21K miles, Stage 1, warranty till 2012. I'll let it go for $65K right now.
I wish you all the best.... I've been so far depressed w/ the price right now.... hope you could break the chain. I'm glad I still enjoy the car. Can't imagine if I'm already bored w/ it
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Member
Joined: Sep 2006
Posts: 78
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From: Grand Haven, MI
'05 E 55 Black
I just bought out my lease. '05 E55 with 39K on it, all options except parktronic and rear sunshade. I have CPO warranty to 100K. Residual was 49.7K. Final buyout price ended up at 38.7K. The guy at MB financial said that a group of cars went through auction a couple of days prior and that was why my buyout price dropped. It sounds like our cars will be worthless 5 years from the build date
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Joined: Jul 2007
Posts: 284
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From: San Francisco, The City By The Bay
2004 SL500R / 2003 BMW M5
Is your offer above valid for '05 w/ extended warranty?
'05 here w/ $102,450 MSRP, 21K miles, Stage 1, warranty till 2012. I'll let it go for $65K right now.
I wish you all the best.... I've been so far depressed w/ the price right now.... hope you could break the chain. I'm glad I still enjoy the car. Can't imagine if I'm already bored w/ it
'05 here w/ $102,450 MSRP, 21K miles, Stage 1, warranty till 2012. I'll let it go for $65K right now.
I wish you all the best.... I've been so far depressed w/ the price right now.... hope you could break the chain. I'm glad I still enjoy the car. Can't imagine if I'm already bored w/ it
I agree with the market being soft at the present. With the economy, it will only get softer. I wish you both luck if you think the market is going to improve for higher end cars. Not to be offensive, but the MSRP of the car doesn't really matter if you are selling it used. It's merely a point of reference and most people (if not all) don't actually pay MSRP when purchasing a car new. I'm sure your 55's are in great shape and wish you luck selling them.
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From: Blasting off!
CLS63 Designo Edition, Hyundai Genesis 3.8 , Veloster Turbo, CLS500(Sold), E320 (SMOKED) R500 (Sold)
Considering that you can get a CLS55 for the mid-high 50's equipped the same or more as Skooby's car, it does make you wonder about the value in 5 years.
The market is flooded with cars, I got my CLS500 for 53K. The equipment is on my sig. If I had waited a few more months, I could have got an CLS55 for just about 5-7K more.
The market is flooded with cars, I got my CLS500 for 53K. The equipment is on my sig. If I had waited a few more months, I could have got an CLS55 for just about 5-7K more.
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Joined: Dec 2004
Posts: 784
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From: Atlanta
06 E55 Black
I just bought out my lease. '05 E55 with 39K on it, all options except parktronic and rear sunshade. I have CPO warranty to 100K. Residual was 49.7K. Final buyout price ended up at 38.7K. The guy at MB financial said that a group of cars went through auction a couple of days prior and that was why my buyout price dropped. It sounds like our cars will be worthless 5 years from the build date
thanks
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Joined: Feb 2004
Posts: 2,450
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1989 Toyota Tercel EZ - dyno'd @ 70whp/77wtq
I agree with the market being soft at the present. With the economy, it will only get softer. I wish you both luck if you think the market is going to improve for higher end cars. Not to be offensive, but the MSRP of the car doesn't really matter if you are selling it used. It's merely a point of reference and most people (if not all) don't actually pay MSRP when purchasing a car new. I'm sure your 55's are in great shape and wish you luck selling them.
I'll walk out of the car and take taxi home if someone at the stop light gives me $100K for my E55... LOL.
Or I'll pack my stuff up and move out right away if someone knocks at my door and pays double the market price for my house.
LOL... of course, it is very unlikely to happen... but you get my point.
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
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From: SW FL
2005 E55 Black / Black Every available option except Sat radio
I just bought out my lease. '05 E55 with 39K on it, all options except parktronic and rear sunshade. I have CPO warranty to 100K. Residual was 49.7K. Final buyout price ended up at 38.7K. The guy at MB financial said that a group of cars went through auction a couple of days prior and that was why my buyout price dropped. It sounds like our cars will be worthless 5 years from the build date
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
Likes: 0
From: SW FL
2005 E55 Black / Black Every available option except Sat radio
Whoa ! Can you walk me through that a bit ? 1. They can hold you to the residual to buy from them if they want to, right ? 2. did they offer the lower buyout price or did you negotiate it down from the residual and 3. what is the best strategy for getting the best price ?
thanks
thanks
??
Member
Joined: Sep 2006
Posts: 78
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From: Grand Haven, MI
'05 E 55 Black
[QUOTE=regor60;2702565]Whoa ! Can you walk me through that a bit ? 1. They can hold you to the residual to buy from them if they want to, right ? 2. did they offer the lower buyout price or did you negotiate it down from the residual and 3. what is the best strategy for getting the best price ?
thanks
Yes they can hold you to the residual. I spoke with my sales rep about negotiating the buyout price. His response was that on the initial discussion, they will not waver. However, if you act like you may or may not want the car, they may drop the price.
I took his advice and as he said, the residual was what they quoted me with no hint of negotiation and a 7.25% interest rate. I then asked for paperwork on turning in the lease and purchase and told the MBF guy I wasn't sure what I was going to do.
4 weeks before the lease was up I called and said I wanted to purchase, but was going to finance it through my bank. The MB financial guy said the buyout was now 4K less. OK...
I was going to do a refinance of the house and pay the car , but interest rates went up to where it wasn't beneficial. so 2 weeks later I called back and said I was just going to have them do it. The MBF guy quoted back the initial residual and then the discount. His next comment was something like lets see where things are today...I can offer it to you at 11K below residual at 6.49%. When I asked him about the price change he said it had to do with what the cars go for at the wholesale auctions. If they have a hard time moving vehicles, then prices drop.
My sales rep has had this result for several customers. Give it a shot and see what happens.
As for Skooby...good luck with the sale / switch. No BS here
thanks
Yes they can hold you to the residual. I spoke with my sales rep about negotiating the buyout price. His response was that on the initial discussion, they will not waver. However, if you act like you may or may not want the car, they may drop the price.
I took his advice and as he said, the residual was what they quoted me with no hint of negotiation and a 7.25% interest rate. I then asked for paperwork on turning in the lease and purchase and told the MBF guy I wasn't sure what I was going to do.
4 weeks before the lease was up I called and said I wanted to purchase, but was going to finance it through my bank. The MB financial guy said the buyout was now 4K less. OK...
I was going to do a refinance of the house and pay the car , but interest rates went up to where it wasn't beneficial. so 2 weeks later I called back and said I was just going to have them do it. The MBF guy quoted back the initial residual and then the discount. His next comment was something like lets see where things are today...I can offer it to you at 11K below residual at 6.49%. When I asked him about the price change he said it had to do with what the cars go for at the wholesale auctions. If they have a hard time moving vehicles, then prices drop.
My sales rep has had this result for several customers. Give it a shot and see what happens.
As for Skooby...good luck with the sale / switch. No BS here
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Joined: Jul 2006
Posts: 1,947
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From: Oklahoma City
2015 AMG C63 S
[QUOTE=Wolverine55;2702901]
Good information, nice to know that they discounted the car that much. Sounds like they discount the car more if they do the financing. How long did you go out on your financing?
Whoa ! Can you walk me through that a bit ? 1. They can hold you to the residual to buy from them if they want to, right ? 2. did they offer the lower buyout price or did you negotiate it down from the residual and 3. what is the best strategy for getting the best price ?
thanks
Yes they can hold you to the residual. I spoke with my sales rep about negotiating the buyout price. His response was that on the initial discussion, they will not waver. However, if you act like you may or may not want the car, they may drop the price.
I took his advice and as he said, the residual was what they quoted me with no hint of negotiation and a 7.25% interest rate. I then asked for paperwork on turning in the lease and purchase and told the MBF guy I wasn't sure what I was going to do.
4 weeks before the lease was up I called and said I wanted to purchase, but was going to finance it through my bank. The MB financial guy said the buyout was now 4K less. OK...
I was going to do a refinance of the house and pay the car , but interest rates went up to where it wasn't beneficial. so 2 weeks later I called back and said I was just going to have them do it. The MBF guy quoted back the initial residual and then the discount. His next comment was something like lets see where things are today...I can offer it to you at 11K below residual at 6.49%. When I asked him about the price change he said it had to do with what the cars go for at the wholesale auctions. If they have a hard time moving vehicles, then prices drop.
My sales rep has had this result for several customers. Give it a shot and see what happens.
As for Skooby...good luck with the sale / switch. No BS here
thanks
Yes they can hold you to the residual. I spoke with my sales rep about negotiating the buyout price. His response was that on the initial discussion, they will not waver. However, if you act like you may or may not want the car, they may drop the price.
I took his advice and as he said, the residual was what they quoted me with no hint of negotiation and a 7.25% interest rate. I then asked for paperwork on turning in the lease and purchase and told the MBF guy I wasn't sure what I was going to do.
4 weeks before the lease was up I called and said I wanted to purchase, but was going to finance it through my bank. The MB financial guy said the buyout was now 4K less. OK...
I was going to do a refinance of the house and pay the car , but interest rates went up to where it wasn't beneficial. so 2 weeks later I called back and said I was just going to have them do it. The MBF guy quoted back the initial residual and then the discount. His next comment was something like lets see where things are today...I can offer it to you at 11K below residual at 6.49%. When I asked him about the price change he said it had to do with what the cars go for at the wholesale auctions. If they have a hard time moving vehicles, then prices drop.
My sales rep has had this result for several customers. Give it a shot and see what happens.
As for Skooby...good luck with the sale / switch. No BS here
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
Likes: 0
From: SW FL
2005 E55 Black / Black Every available option except Sat radio
Well maybe else on here who might need a car needs to time travel and lease one. Your story means 0 on here and actually could use it own thread.
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
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From: SW FL
2005 E55 Black / Black Every available option except Sat radio
I hooked you all up wol55, now you can troll your own thread and talk about how you got your value down to the price of a 350Z but have shown nothing black and white to prove it. 
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
Likes: 0
From: SW FL
2005 E55 Black / Black Every available option except Sat radio
Whoa ! Can you walk me through that a bit ? 1. They can hold you to the residual to buy from them if they want to, right ? 2. did they offer the lower buyout price or did you negotiate it down from the residual and 3. what is the best strategy for getting the best price ?
thanks
thanks
Paperwork or it's a lie.
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Joined: Oct 2006
Posts: 3,642
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From: Caribbean/Florida/Colorado
E-ZGO 53hp., 1999 E 430 sport, 2004 E 55, 2008 Tahoe LTZ on 24"s
Thread Starter
Senior Member
Joined: Dec 2007
Posts: 276
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From: SW FL
2005 E55 Black / Black Every available option except Sat radio
Member
Joined: Sep 2006
Posts: 78
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From: Grand Haven, MI
'05 E 55 Black
