'08 E63 p030 price
http://www.autotrader.com/dealers/dd...arch_type=both
-it's an '08 gathering dust
-Roger should be in a celebratory & generous mood since he just won the Indy 500-again.
These cars already depreciate like crazy, but once the new W212 E63 is out, this car will tank even more
Longer you wait, cheaper they will get!
I say keep hunting but if you want that one, tell them to take off 25K.
Here's an 09 with performance package, already down to 79K. With 2K miles you should be able to get it for around 70K. It has the updated NAV and 40 gig hard drive. It's also Certified!
Now, that 2k mi '09 in Boston may be lease eligible, but when they first ran the ad (6 weeks ago) the salesman I spoke with told me that $1600+tax/mo. was the price. I called BS on that #. Hardly a way to get me to the table. The Black'08 @ Penske seems even more likely to be new-car lease eligible(even though it shows as "used" in the ad).
I'm sure many on this board are paying $1200+ to lease theirs, but my position is that current market conditions make ANY E63 leaseable for the $1,000-1,100/mo range. Dealers seem to have these things stacking up-both new and used. Everyone, dealers included, knows there is a new car coming and the economy is still $h!t.
Last edited by RobDoc; May 25, 2009 at 12:06 PM.
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Here's an 09 with performance package, already down to 79K. With 2K miles you should be able to get it for around 70K. It has the updated NAV and 40 gig hard drive. It's also Certified!

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Here's an 09 with performance package, already down to 79K. With 2K miles you should be able to get it for around 70K. It has the updated NAV and 40 gig hard drive. It's also Certified!
Last edited by intellilogic; May 26, 2009 at 02:04 PM.
Been looking for a GL and come across a few demo (never titled but warranty has been punched in).
All selling dealers told me that demo wouldn't qualify new-car lease and financing rates. So the 2k miles you saw must've been quoted a used-car lease rates (likely much worse than new-car lease rate).
If you're in no hurry, I'd suggest you wait until 2010 E63 goes to market... you'll likely have more bargaining power for the '08 and '09 left overs. As a reference, right now, I can find new GL $1.5K under invoice, easy... I'm expecting to save another $3-5K in a month or two (worth to wait, IMO). Just like MB_Forever said, if the '08 E63 you're looking at, assuming it's still collecting dust, I won't be surprised if you could get it at $35K+ under MSRP in a month or two.
Hope this helps, maybe it will work for you.
the cars are just not moving and now especially with the 10' model coming out, the 07-09 are going to drop even harder then they have already. sucks as an owner, but great for the buyer!
i just picked up mine 1 week ago, 07 with 24K, got it for 45K. talk about a deal!
If i were you, shoot em an offer for low 70s and see if they bite. if they are smart, they'll take it!
Good luck!
AJ
Hope this helps, maybe it will work for you.
I've talked to the Putnam folks. Their leases are open end and require 10% down. You basically must buy the car at the end, or forfeit your 10%. IIRC, their shortest term is 48 mos. and their residual was not so good for the lessee. They really don't pencil if you can get a MBZ (or other) closed-end scenario.
How I see it... Putnam's organization seems to specialize in leases for high-dollar, special interest cars like Ferraris and Lambos...cars that the owner can't quite afford/doesn't want to buy right now, but there remains a high likelihood of lesee a.)being able to afford in the future or b.)wanting to keep the car at lease maturity.
The search is heating up, thanks to all for your input!
.Anyway, what is this ride really worth?? I called and they are asking $77. That figures, Long Island, NY.

http://cgi.ebay.com/ebaymotors/08-Me...3A1|240%3A1318
http://homepage.mac.com/drcrowder/PhotoAlbum2.html
It looks a lot better in these pics. I don't consider it fugly, but I still want to know how good it looks in person, and why it is so special.
Now, that 2k mi '09 in Boston may be lease eligible, but when they first ran the ad (6 weeks ago) the salesman I spoke with told me that $1600+tax/mo. was the price. I called BS on that #. Hardly a way to get me to the table. The Black'08 @ Penske seems even more likely to be new-car lease eligible(even though it shows as "used" in the ad).
I'm sure many on this board are paying $1200+ to lease theirs, but my position is that current market conditions make ANY E63 leaseable for the $1,000-1,100/mo range. Dealers seem to have these things stacking up-both new and used. Everyone, dealers included, knows there is a new car coming and the economy is still $h!t.
My understanding is that the dealers cannot negotiate the residual and MB Finance sets it. If these cars continue to sit, there is obviously a chance that MB Finance tries to sweeten the offer to move the cars.
I ended up buying a lightly used (15k mile) car and using PenFed to finance at 4%...the benefit of leasing is locking in the depreciation at some favorable pace, but it doesn't make sense if MB Finance is going to stick you with conservative depreciation assumptions (basically they are saying within 3 years the car will be worth < $45k).
I wouldn't have gotten them.


