regor60

Huntington offered to forgo my last 3 lease payments if I buy the car for $32500. This nets to $28300 due in March.

Car has 57K miles and every option except distronic and satellite radio.

I'm thinking this is maybe a couple of thousand high but not too bad, waddya all think ? Anyone have Mannheim numbers ?

Hotrod-Realtor

Looks like you have three months to negotiate a better deal.

sack5000

Run from that deal, use the money and buy a low mileage '06 with a warranty. If not, just negotiate the buyout, they will come down more since putting that car in an auction will net many thousands less.

Will someone post auction prices for '05 and '06 E55? thanks

M3-ADDICT

2004
12/22/09 MANHEIM Lease $27,200 33,186 Above BLACK 8G P Yes
12/22/09 BALTWASH Lease $16,250 111,266 Below BLACK 8G A Yes
12/15/09 ARENA Lease $18,200 74,440 Avg GRAY 8G A Yes
12/03/09 RIVRSIDE Regular $23,250 64,645 Avg SILVER 8G A Yes
12/02/09 MILWAUKE Lease $22,250 61,752 Avg BRI SIL 8G A Yes
11/20/09 MANHEIM Regular $23,000 54,418 Avg BLUE 8G A Yes

2005
1/11/09 BAY CITI Lease $31,250 34,899 Above OBS BLK 8G A Yes
11/11/09 BAY CITI Lease $23,250 75,052 Avg BLACK 8G A Yes
11/12/09 MANHEIM Lease $21,000 79,924 Below BRI SIL 8G P Yes
11/16/09 MANHEIM Regular $32,000 33,745 Above Charcoal 8CY A Yes
11/17/09 FAAO Regular $26,800 42,089 Avg SILVER 8G A Yes
12/21/09 ATLANTA Lease $26,500 55,057 Avg ALB WHT 8G A Yes
12/23/09 SO CAL Lease $22,250 52,595 Avg SILVER 8G P Yes

2006
11/19/09 ST PETE Regular $20,995 92,095 Below Silver 8CY A Yes
11/25/09 LAKELAND Lease $24,200 70,855 Avg BLACK 8G A Yes
11/30/09 166 Regular $33,820 30,712 Above Blue 8CY A Yes
12/08/09 FAAO Lease $31,600 44,048 Avg BLACK 8G A Yes
12/08/09 DFW Regular $28,000 49,709 Avg GRAY 8G A Yes
12/16/09 KC Regular $33,000 40,436 Avg BLACK 8G A

emoving

I think the fact that there are alot more costs that need to be added to auction numbers that these people never realize. The fact that you know your car, it is a one owner, you know the history, that is worth alot more then an auction car. Auction cars are good if you know what to look for, but nothing beats getting a one owner car from the original owner which is yourself. I also agree with Hotrod, by then they will neg. even lower on the buy out which will make your car a great deal. Get a extended warranty and you are set. If not, call me when it is up and I will buy it. Another note, Manheim numbers do not tell you the options, condition, amount of owners and where the car came from. Those are alot of unknowns compared to your car.

LSonDubz

I'd try to negotiate a little better and take it. As said above, knowing the history and that you are the only owner is better than getting a steal.

milepostnate

Emoving - I completely agree with you. I have access to the auctions and could have bought mine there, but so few sell, and every one I saw was never in the condition that I wanted. I have never, ever bought a car from a dealer before, but ended up buying my E55 from a MB dealer because it was perfect, had the options I wanted, and it was "all done" when I bought it.

A lot of people don't realize that there are not many really nice cars being traded right now because of the economy, and the nice ones that do hit the auctions sell for incredible prices. By the time I added transportation, fees, profit for my buddy, shop charges etc., it was easier to buy the one that caught my eye at the dealer.

I say if you like what you have, buy it. You have a known product, and that can be priceless.