trade in price

Jul 28, 2014 | 12:05 AM

baldmike73

Thread Starter

MBWorld Fanatic!

Joined: Oct 2002

Posts: 3,083

Likes: 88

trade in price

was at the dealer today looking at 14 GL's and as we talked the gent asked if i was going to keep or trade in my 55 and to see what they would give me I asked for an appraisal and all things said and one they offered me $16K for my car.

No idea if that is good or bad:
stats:
2nd owner -
2004 E55
Tectite Grey
79K miles
all options except
parktronic
distronic
cd changer

Thoughts?

Jul 28, 2014 | 01:36 AM

tc1728

MBWorld Fanatic!

Joined: Mar 2005

Posts: 1,083

Likes: 0

From: SF CA

I'll give you 16k for your car...

Jul 28, 2014 | 02:02 AM

baldmike73

Thread Starter

MBWorld Fanatic!

Joined: Oct 2002

Posts: 3,083

Likes: 88

thats the point i think it is worth more -

the prices are all over the map - i think mine is pretty clean and all maint has been done - i just spent 2k last week -

Jul 28, 2014 | 03:37 AM

Elhonaz

Senior Member

Joined: Jun 2014

Posts: 471

Likes: 32

W211 E55 2003

Sounds wayoff on the low side... trade in price should be somewhere >20k IMO especially when your trading for a brand new one!

Jul 28, 2014 | 10:06 AM

HeissRod

MBWorld Fanatic!

Joined: Jun 2009

Posts: 4,429

Likes: 61

From: Cypress, TX

'06 E55, '15 Jeep SRT8, '94 Mustang GT

Quote:

Originally Posted by tc1728

I'll give you 16k for your car...

Quote:

Originally Posted by baldmike73

thats the point i think it is worth more -

tc1728's "offer" is not an indication that the dealer should offer more as a trade-in. He would be a private-party sale vs. the dealer's trade-in offer. Just throwing that out there.

As to the actual value of the car....

Jul 28, 2014 | 02:13 PM

mobhouse

Member

Joined: Sep 2013

Posts: 242

Likes: 3

From: Houston

Mercedes E55

Our cars value is complete crap. People tend to go off of kbb and nada and don't realize that there aren't many out there for sale, especially low mileage clean cars. Realistically the dealer is gonna end up sending it to the auction where he will probably get around 17 for it. I'd try to get them to make up the difference on the price of the new car

Jul 28, 2014 | 02:44 PM

Jimshorts

Super Member

Joined: Sep 2010

Posts: 529

Likes: 2

From: Wherever isn't gonna get me hit

'05 SL65, '13 FX4 Eco

I traded my beast in on the X5M, they gave me 15k for it. With many issues...

I think 18k would be reasonable but I would push them for more.

6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)

Verdad Gallardo

Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun

Verdad Gallardo

Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren

Verdad Gallardo

8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine

Verdad Gallardo

Flawlessly Restored Mercedes 190E Evo II Heads to Auction

Verdad Gallardo

Electric Mercedes C-Class Unveiled: 11 Things You Need to Know

Verdad Gallardo

Mercedes EQS Gets A Major Update: Everything You Need to Know

Verdad Gallardo

5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve

Verdad Gallardo

Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping

Verdad Gallardo

10 Most Reliable Mercedes-Benz Models You Can Buy Used

Verdad Gallardo

Jul 28, 2014 | 05:17 PM

justinwrock

MBWorld Fanatic!

Joined: Sep 2005

Posts: 1,558

Likes: 8

From: Sacramento, CA

Ducati

I was offered $7500 for my E55 by the local MB dealer LOL

Jul 28, 2014 | 05:24 PM

#10

Enigma94

Senior Member

Joined: Feb 2013

Posts: 408

Likes: 1

From: AZ

C32, C55, 08 E63

16k isn't bad, rarity of a vehicle means nothing to a dealership. Haggle as much as you can, they'll most likely cut the price of their car vs offering you more for your car. It works out to be the same deal in the end but looks better for their side on paper.