Good price for E63 in todays buyer's market
Thread Starter
MBWorld Fanatic!
Joined: Jan 2009
Posts: 3,182
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From: Northern VA
W211
Good price for E63 in todays buyer's market
32
I'm planning to take a look at these below this weekend. What is a good price to start negotiating? Esp reading other posts about dealers knocking off $20k to $9k for new 2009/2010 E63, CLSs, etc.
$61,925
12,011 mi.
2007 Mercedes-Benz E-Class E63 AMG
Arctic White, 4 door, Sedan, AUTO 7SPD, 6.2L V8, Stock# BB010452. CPO'd
</SPAN>
Dealer: American Service Center Mercedes - Benz (Arlington, VA
32
$49,925
16,176 mi.
2006 Mercedes-Benz E-Class E55 AMG
Pewter Metallic, 4 door, Sedan, AUTO 5SPD, 5.4L V8, Stock# BA886874. </SPAN>
Dealer: American Service Center Mercedes - Benz (Arlington, VA ~19 mi. away)
I'm planning to take a look at these below this weekend. What is a good price to start negotiating? Esp reading other posts about dealers knocking off $20k to $9k for new 2009/2010 E63, CLSs, etc.
$61,925
12,011 mi.
2007 Mercedes-Benz E-Class E63 AMG
Arctic White, 4 door, Sedan, AUTO 7SPD, 6.2L V8, Stock# BB010452. CPO'd
</SPAN>
Dealer: American Service Center Mercedes - Benz (Arlington, VA
32
$49,925
16,176 mi.
2006 Mercedes-Benz E-Class E55 AMG
Pewter Metallic, 4 door, Sedan, AUTO 5SPD, 5.4L V8, Stock# BA886874. </SPAN>
Dealer: American Service Center Mercedes - Benz (Arlington, VA ~19 mi. away)
Junior Member
Joined: May 2009
Posts: 32
Likes: 0
From: cali
e63
Request a manheim run here or in the dealer / leasing area which will give you auction prices (ie wholesale and perhaps what the dealer paid). Then add $1k transport, any CPO cost if applicable, and what you think is fair margin for the dealer to make on the car.
My data is stale at this point, but as of April 28, the last three '07 E63s with < 20k miles sold for $52k on average at auction and the 11 E63s that sold that month fetched about $49.2k average / $49.8k median, with median mileage of 25k miles.
My guess is prices are not higher because of the new model looming, even though the Manheim used car index was up 3-4% in May vs. April (!)
BTW I put in an offer on a silver 07 E63 from the same dealer when I was shopping and they did come down off their ask.
My data is stale at this point, but as of April 28, the last three '07 E63s with < 20k miles sold for $52k on average at auction and the 11 E63s that sold that month fetched about $49.2k average / $49.8k median, with median mileage of 25k miles.
My guess is prices are not higher because of the new model looming, even though the Manheim used car index was up 3-4% in May vs. April (!)
BTW I put in an offer on a silver 07 E63 from the same dealer when I was shopping and they did come down off their ask.
Super Member
Joined: Apr 2006
Posts: 796
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From: Raleigh NC
2007 E63, 2006 C55
RE: E63 Prices
I just got my 07, with every option except distronic, 15.7K miles on the odo for about $6500 under the 07 asking price at ASC. I considered looking at that car, but wanted Silver this time. I did not buy mine from an MB dealer though. Euro Motors Cars Bethesda also had one 07 a few weeks ago which I also passed on due to color combo. I'd say ASC has a little room on that one.
Also, I had been shopping for a 63 for a while, and found that good cars tend to move, both at the auctions and retail, even in this economy. If you find a nice one, you will probably need to pay up a little to get it.
Good luck with the hunt.
Also, I had been shopping for a 63 for a while, and found that good cars tend to move, both at the auctions and retail, even in this economy. If you find a nice one, you will probably need to pay up a little to get it.
Good luck with the hunt.
Senior Member
Joined: Dec 2004
Posts: 494
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From: MN
07 Z06, 08 Rover Sport, 03 Dmax, 13 Diavel
i just bought an 07 with 24K on it 3 weeks ago. black on black, loaded with every option except pano roof and P030 package. I got mine from a private party for 45K. It was a company fleet vehicle and they needed to get it off their books since no one was allowed to drive it anymore... LOL... but i was working this guy since Feb! that hard work and pestering paid off.
aj
aj
Member
Joined: Mar 2009
Posts: 118
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From: OC
E63, M3 SMG, F355GTS
Well, I watched these E63's for a long time before I pulled the trigger. Of course there is a small (5%) bump up for p030 cars, (2%) for CPO and loaded ones (3%), but here's what I sense...
-I think the range for clean, '07 <20k mi. cars is probably $47-55k.
-Similar '08's w/ <15k mi. probably $53-63k
-I think that you can make a case for '09's being worth disproportionately more due to several factors, not the least of which is the new COMAND. Say $65-75k???
I bet you can make a deal on a new one (P2)for around $78k all day long, mid $70k's (P1+)at some lots. They will get softer as the summer progresses too. I stole mine and it's pretty built.
(BTW, I don't consider an E55 for $50k a good deal at all).
-I think the range for clean, '07 <20k mi. cars is probably $47-55k.
-Similar '08's w/ <15k mi. probably $53-63k
-I think that you can make a case for '09's being worth disproportionately more due to several factors, not the least of which is the new COMAND. Say $65-75k???
I bet you can make a deal on a new one (P2)for around $78k all day long, mid $70k's (P1+)at some lots. They will get softer as the summer progresses too. I stole mine and it's pretty built.
(BTW, I don't consider an E55 for $50k a good deal at all).
Last edited by RobDoc; Jun 20, 2009 at 02:13 AM.
Thread Starter
MBWorld Fanatic!
Joined: Jan 2009
Posts: 3,182
Likes: 15
From: Northern VA
W211
Guys thanks for the input. I'm just going to watch the E63s for next several weeks/months at ASC and Euromotors (so i can get an extended warranty to cya) and see how much they drop.
I'm looking to not spend more than $47k for an 07 less than 25Kmiles on it. Its not a must to get one, since i recently got the E500, but if its a steal, i'll bite on getting an e63. Wife can have the E500:-)
I'm looking to not spend more than $47k for an 07 less than 25Kmiles on it. Its not a must to get one, since i recently got the E500, but if its a steal, i'll bite on getting an e63. Wife can have the E500:-)
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Just bought an 09 e63 amg
So, to end the speculation on the e63 AMG 09. I just purchased an 09 white/black 20mi that is fully loaded has every option stickered for 96 and some change.
Mercedes Benz has factory Money in the car of a total of 19k. On top of that their is Invoice margin on the car of 4-5k.
Mercedes is doing a pull forward program if your lease is matured and they will eat up to 3 lease payments if you are with MB financial.
I had 9 lease payments left they ate 3, I rolled in the rest, on top of that I turned in a G500 an 02 got 26k and owed 33 and rolled that in.
Leased the car
Paid 76k after all the negatives..
Put 2500 down
Payment is 1749 with ca tax.
48 months 15k a year.
Had I not rolled in the g it would of been a 1580 payment.
They are negociating on these cars. I don't care for the new e class. It looks cheap on the inside with the rubber dash like the c class. Personally I think this is a better made car. The new command system is awesome, it has updated traffic, bluetooth, sat radio, hd radio, 40 gig hard drive and 6 disc cd player. The nav system this go around makes you feel like you didn't get cheated if you like idrive.
Hope this helps as to what is available on these cars.
Happy dealer hunting.
Mercedes Benz has factory Money in the car of a total of 19k. On top of that their is Invoice margin on the car of 4-5k.
Mercedes is doing a pull forward program if your lease is matured and they will eat up to 3 lease payments if you are with MB financial.
I had 9 lease payments left they ate 3, I rolled in the rest, on top of that I turned in a G500 an 02 got 26k and owed 33 and rolled that in.
Leased the car
Paid 76k after all the negatives..
Put 2500 down
Payment is 1749 with ca tax.
48 months 15k a year.
Had I not rolled in the g it would of been a 1580 payment.
They are negociating on these cars. I don't care for the new e class. It looks cheap on the inside with the rubber dash like the c class. Personally I think this is a better made car. The new command system is awesome, it has updated traffic, bluetooth, sat radio, hd radio, 40 gig hard drive and 6 disc cd player. The nav system this go around makes you feel like you didn't get cheated if you like idrive.
Hope this helps as to what is available on these cars.
Happy dealer hunting.
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MBWorld Fanatic!
Joined: Nov 2006
Posts: 9,137
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From: California, USA
E63 P30, CL500 Sport
If you need a car now, I would go for a 2007 since they already took most of the depreciation hit. Once the W212 E63 is released, expect the 2008 and 2009 models to drop at least $30k and maybe another $5k for 2007 models.
