Lease return......parting it out...
04-27-2009, 07:24 PM
#76
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That is part of the point. I did that when I went from the '05 to this '06. I got it exactly how I wanted it. EXACTLY. And now, i have a bunch of mods on it that I like. The power mods I can replace, but the sills, mirrors, etc. I really like.
Where is my sugga momma when I need her most??? HAHA!!
04-27-2009, 09:48 PM
#78
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Guys, I feel bad enough as is. Don't get into a pissing match when you are each making different and valid points.
The truth is that you are both pretty spot on. As Marcus mentioned, I have put this limit on myelf. My budget isn't $10k, but rather $30k. I was just thinking about the Jeep because then i would have money left to look for a "toy" and I always want a second car (that is a truck). Either way, I will likely get a Jeep, too.
Marcus is basically telling me to rethink my strategy. Basically that the difference that i am seeing as big may not be that big at all. Again, we are talking about $200 a month difference when I have been paying $1200 all along. MB contacted my house again today, so maybe as the time draws nearer, they will play. Who knows. In all honesty, my heart is in this car. i still have so much that I wanted to do (and learn). Intake, larger TB, more efficient IC, etc. I've made good contacts and friends and really enjoyed this "world" until a few months ago (when MHP came along). Since then, I've kind of started to get over it, but that actually led me to a new set of friends and mods, so the world still spins.
I guess i am just seeing everything around me and getting scared. What i didn't really consider before was that I can still sell it even if I do buy it out (granted at a loss). But, if things were to go sour and I really needed money, then I could still sell it to get out from under the $800/month payment.
Anyhow, I think I may have started a little whirl wind too soon with the parting thread. I was just so sure that there was no way for it to happen. i still don't, but I think I have a little more fight in me. All dibs stay, but I want to let the drama rest for a few weeks until I am positive.
Marcus, thanks for looking out and giving your view. Thanks also to everyone else for the well wishes.
The truth is that you are both pretty spot on. As Marcus mentioned, I have put this limit on myelf. My budget isn't $10k, but rather $30k. I was just thinking about the Jeep because then i would have money left to look for a "toy" and I always want a second car (that is a truck). Either way, I will likely get a Jeep, too.
Marcus is basically telling me to rethink my strategy. Basically that the difference that i am seeing as big may not be that big at all. Again, we are talking about $200 a month difference when I have been paying $1200 all along. MB contacted my house again today, so maybe as the time draws nearer, they will play. Who knows. In all honesty, my heart is in this car. i still have so much that I wanted to do (and learn). Intake, larger TB, more efficient IC, etc. I've made good contacts and friends and really enjoyed this "world" until a few months ago (when MHP came along). Since then, I've kind of started to get over it, but that actually led me to a new set of friends and mods, so the world still spins.
I guess i am just seeing everything around me and getting scared. What i didn't really consider before was that I can still sell it even if I do buy it out (granted at a loss). But, if things were to go sour and I really needed money, then I could still sell it to get out from under the $800/month payment.
Anyhow, I think I may have started a little whirl wind too soon with the parting thread. I was just so sure that there was no way for it to happen. i still don't, but I think I have a little more fight in me. All dibs stay, but I want to let the drama rest for a few weeks until I am positive.
Marcus, thanks for looking out and giving your view. Thanks also to everyone else for the well wishes.
So all I can say is be careful.
That said, I would think that you could get a very nice 210 E55 for 15-20k.
Same type of experience, with a lower price of entry.
Financial modesty in this environment is a great idea. It will give you the ability to buy an even better car when things get better.
There will always be another e55 around
04-28-2009, 01:16 AM
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V12-Biturbo
while I see that the difference is not big, keep in mind, that if you need to unload a modded (or even stock) E55, you will get hosed. So if you run into financial trouble and need to sell in a hurry, you will see nothing for the mods while pigeon holeing yourself into a smaller set of buyers (with the heavy mods).
So all I can say is be careful.
That said, I would think that you could get a very nice 210 E55 for 15-20k.
Same type of experience, with a lower price of entry.
Financial modesty in this environment is a great idea. It will give you the ability to buy an even better car when things get better.
There will always be another e55 around
So all I can say is be careful.
That said, I would think that you could get a very nice 210 E55 for 15-20k.
Same type of experience, with a lower price of entry.
Financial modesty in this environment is a great idea. It will give you the ability to buy an even better car when things get better.
There will always be another e55 around
04-28-2009, 02:01 AM
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'12 E350 Coupe (3rd Benz)
RennTech ELM, V1 with jangy extended knobs and harness - $750
It works just fine w/ 63, right? (I am pretty sure.) What version ELM?
Lets see knows and harness...
It works just fine w/ 63, right? (I am pretty sure.) What version ELM?
Lets see knows and harness...
04-28-2009, 12:00 PM
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2004 E55 AMG
That is part of the point. I did that when I went from the '05 to this '06. I got it exactly how I wanted it. EXACTLY. And now, i have a bunch of mods on it that I like. The power mods I can replace, but the sills, mirrors, etc. I really like.
Where is my sugga momma when I need her most??? HAHA!!
Where is my sugga momma when I need her most??? HAHA!!
04-28-2009, 12:36 PM
#85
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05-01-2009, 07:45 PM
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E320 Sport
05-01-2009, 08:46 PM
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Jangy I agree with Marcus!!!
MBUSA is in trouble, the cars are dropping like rocks. Offer 35k, finance and you have your car till 100k miles and several more fun filled years. Even if they do not come down you can simply keep the car and market it for 37k fully loaded driving it until it sells locally.
MBUSA is in trouble, the cars are dropping like rocks. Offer 35k, finance and you have your car till 100k miles and several more fun filled years. Even if they do not come down you can simply keep the car and market it for 37k fully loaded driving it until it sells locally.
05-01-2009, 08:55 PM
#91
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Your post makes no sense.
THIS VEHICLE IS A LEASE RETURN. MB will ask Jangy to PAY $40k to buy out the lease, so the vehicle will be HIS.
Right now, if he gives the vehicle back, he walks away with zero dollars and no car.
If he buys it out, he has just paid $40k for the car, and is out $40k.
If he buys it for $40k from MB, and sells it for $37k, he just lost 3k, and lets not forget that mods don't really add value. He's mentioned several times that he doesn't want to pay $40k for the car because of his business uncertainty.
So his choices are pay $40k and have a benz, or pay nothing, and get nothing.
His current strategy of parting out the car will earn him about $5k in cash, and he walks away with no car and no payments to make.
THIS VEHICLE IS A LEASE RETURN. MB will ask Jangy to PAY $40k to buy out the lease, so the vehicle will be HIS.
Right now, if he gives the vehicle back, he walks away with zero dollars and no car.
If he buys it out, he has just paid $40k for the car, and is out $40k.
If he buys it for $40k from MB, and sells it for $37k, he just lost 3k, and lets not forget that mods don't really add value. He's mentioned several times that he doesn't want to pay $40k for the car because of his business uncertainty.
So his choices are pay $40k and have a benz, or pay nothing, and get nothing.
His current strategy of parting out the car will earn him about $5k in cash, and he walks away with no car and no payments to make.
I believe Marcus made a clear and concise argument for keeping the car.
Marcus did not even allude to the addictive nature of driving this B E A S T
KEEP THE CAR JANGY, unless it would be financial suicide.
05-01-2009, 10:11 PM
#92
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96 and 08 911 turbos
Oliver how does stating your matter of fact opinion on Jangy's possible lease return paint Marcus Frost's option as "not making sense"?
I believe Marcus made a clear and concise argument for keeping the car.
Marcus did not even allude to the addictive nature of driving this B E A S T
KEEP THE CAR JANGY, unless it would be financial suicide.
I believe Marcus made a clear and concise argument for keeping the car.
Marcus did not even allude to the addictive nature of driving this B E A S T
KEEP THE CAR JANGY, unless it would be financial suicide.
05-01-2009, 10:40 PM
#93
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HAHA!! I came up a hair and they dropped a bit. We are close to your $35k and definitely at the self imposed grey zone.
I'm not patient enough to sell it on my own, so I'd likely get $30 at best on my own. Include the parts and I'd basically break even , so I am leaning at keeping it. I've been driving it lately and just have a hard time walking from 500hp.
I'm not patient enough to sell it on my own, so I'd likely get $30 at best on my own. Include the parts and I'd basically break even , so I am leaning at keeping it. I've been driving it lately and just have a hard time walking from 500hp.
05-01-2009, 10:45 PM
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Guys, no need to bicker. I appreciate the input from everyone. Each person has a perspective and they both explained themselves well. Let's leave it there.
It all comes down to personal preference. I could "afford" the car new, so I can afford it now. That isn't the issue. I had a battle with myself over the kharma of keeping it while I am at a real turning point in my own business. As odd as it sounds, the past year has really blown my industry up. Life is just ironic. I am a republic and vote that way, yet the liberal power has really boosted investment in Biotech, especially stem cell research which is centered in SD. Even the recent swine flu hype pretty much filled my plate for the coming year. It's sad but someone elses loss is always another's gain...
It all comes down to personal preference. I could "afford" the car new, so I can afford it now. That isn't the issue. I had a battle with myself over the kharma of keeping it while I am at a real turning point in my own business. As odd as it sounds, the past year has really blown my industry up. Life is just ironic. I am a republic and vote that way, yet the liberal power has really boosted investment in Biotech, especially stem cell research which is centered in SD. Even the recent swine flu hype pretty much filled my plate for the coming year. It's sad but someone elses loss is always another's gain...
05-01-2009, 10:48 PM
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HAHA!! I came up a hair and they dropped a bit. We are close to your $35k and definitely at the self imposed grey zone.
I'm not patient enough to sell it on my own, so I'd likely get $30 at best on my own. Include the parts and I'd basically break even , so I am leaning at keeping it. I've been driving it lately and just have a hard time walking from 500hp.
I'm not patient enough to sell it on my own, so I'd likely get $30 at best on my own. Include the parts and I'd basically break even , so I am leaning at keeping it. I've been driving it lately and just have a hard time walking from 500hp.
think of the fun mods around the corner too
05-01-2009, 10:51 PM
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Agreed on the fun. I don't mind walking from the current mods. It is the car i love, although i would turn around and mod it again. I'm more looking forward to future mods. There is still so much to do and I'd love to be a part of it. Intake, TCU, etc. etc. makes it hard to walk. Plus, you and I still haven't played. I'd better get a hold of you before you mod too much more.
05-01-2009, 11:04 PM
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Agreed on the fun. I don't mind walking from the current mods. It is the car i love, although i would turn around and mod it again. I'm more looking forward to future mods. There is still so much to do and I'd love to be a part of it. Intake, TCU, etc. etc. makes it hard to walk. Plus, you and I still haven't played. I'd better get a hold of you before you mod too much more.
the 55k will be a absolute demon w/SLR style coolers def capable of high 10's... You're talking about a very small sum of money in the grand scheme of things, esp when this is your favorite hobby/source of fun like the rest of us freaks
We def need to do some roll-ons...
05-01-2009, 11:28 PM
#98
How bout top mounted IC's too the 55k will be a absolute demon w/SLR style coolers def capable of high 10's... You're talking about a very small sum of money in the grand scheme of things, esp when this is your favorite hobby/source of fun like the rest of us freaks
We def need to do some roll-ons...
the 55k will be a absolute demon w/SLR style coolers def capable of high 10's... You're talking about a very small sum of money in the grand scheme of things, esp when this is your favorite hobby/source of fun like the rest of us freaksWe def need to do some roll-ons...
.
Last edited by bassn_07; 05-01-2009 at 11:33 PM.
05-02-2009, 12:00 AM
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Let us know when you come down and maybe we can do a mini meet and ride? I am feeling better (healthy again) and want to start meeting up with the members again like we used to. I miss all the personal friendships and awesome rides...
05-02-2009, 12:11 AM
#100
. I tried to plan the weekend of the meet but I can't get away from a previous engagement. Like you mentioned, maybe we could get a little meet together so I could put some new faces to these board names .
