gsnyc

black, $104k msrp? New car - never sold.

xtyper

$80k+ttl would be my offer.

Vic55

Depends on who you ask...

Dealer (if the dealer was buying it) would low ball you at 60k or maybe even less. They cant lease the car as easily and its soft being the older motor and the new E63's have factory support.

Private party...... id offer maybe 65k to 70 all in. That car probably had trunk money already cashed by the dealer plus 13% in the sticker. The dealer also needs to move an old unit that is not very hot.

gsnyc

what is the factory support for the new E63s? I figured wholesale on the old car was around $62-67k.

Vic55

I built a car with zero miles on a used 2011 platform via Kelley (not the internet version but internal version) and got a number circa 73k but this includes a 5750 mileage add which is BS in the real world.

The adds I put on the car were:

Distronic
Pano
Premium Pack
Premium 19s
MP3

Base 64600
Equip 67475
Miles 5750

Im not sure what sticker this car would be but the 2010 I had was about 102k and it had all the above


IDK what the exact factory support was on 2012's but it was part of a 999 per month lease campaign for 33 months... I think it ended in August.

NickyBlack

I'd take it at 70k, still a new car with new warranty, old motor but still moves.

LFTW8S

If the dealer will cut $34k and move it at $70...I will give $71k and steal it from ya.

xtyper

Sorry guys, while I agree with you in principle, there is no way a dealer will let that car go for 60-70k. New car, never titled, realistically best they are gonna be willing to do is 80K. Of course, I hope to be proven wrong.

Best of luck to OP getting a great deal on the car.

Vic55

Sorry bro but I know dealers... and its 100% possible- Im proof.

A dealer has to pay flooring on a unit and after a certain amount of days on the ground they get penalized.

FYI- I got my new 2010 E63 IN Aug of 2010 for 72k and the sticker was 102k... the car had trunk money so did the 2011's. Im sure this car has already been punched and the warranty clock is ticking and this car is 2 model years old. My 2010 was only 1 year old model year wise and my 2010 was basically the same as the 2011 enginewise. This car is facing the evolution of the engine with the m157.

Its possible.

xtyper

2011's did not have nearly as much trunk money as 2010s. I also scored big on the 2010 incentives by getting a C63 in aug 2010 for 20k off 70k msrp. Traded it for 2011 c63 the following year, but not nearly as good an incentive was ever available for that MY. Yes, I know it was a C63 and we are talking E63 here, but the c63 program paralled the E63 program, just a little less valuable with the car's lower msrp. The 2010 E63 you scored for 72k, the dealer was probably only in for 75-80k. With the lower incentives on the 2011, I bet they are in for closer to 85-90k on the car in question.

Again, I hope to be proven wrong, but no way is a dealer gonna take 70k for that car. They will auction it before that happens.

vdubpower

i saw a 2011 at my dealer recently, this is 8 months after i bought my car, at that time they had a few 2011s but not this one.....wierd how they pop up later after they should be all gone... it was nice had CF ext trim in front and rear diffusers.

Vic55

Its based off allocation and market saturation. The 2010 E63's had too much saturation in the West during the summer months so the trunk money was dropped into their laps and dealers could move them. The factory catches way too much crap when they over allocate and dealers cant move these flooring rate suckers. I have no doubt the C63 was over allocated too but they come off different platforms so it wasnt a strategy but instead a factory supply and demand mistake on two AMG models. The SL has seen this too along with a few other AMG's I bought a CL65 brand new for 100k with an invoice of 159k - now that was a steal at the time LOL until the market crashed along with the tragic Benz depreciation tax.

The trunk money was different in 2010 vs factory to dealer support on the 2011's due to allocation- you are right but in this case above we are talking about a 2 year old car now on the ground (depends on build date and whether it was a late allocation).

For some perspective I watched these 3 cars sell at Riverside 90 days ago with light miles. Yes not new but it shows the relative value and the cars were solid:

2011 E63

06/14/12 RIVRSIDE Factory $65,750 5,399 Above IND GRY 8G A Yes
06/14/12 RIVRSIDE Factory $65,750 4,631 Above WHITE 8G A Yes
06/14/12 RIVRSIDE Factory $65,250 4,660 Above STL GRY 8G A Yes

© 2012 Manheim. All rights reserved

This was 90 days ago- so these cars would sell in the high 50's now. So the dealer would be best to move their new 2011 with zero miles for 70k IMHO. Again it depends on their flooring penalties and how long the car has been on the ground. It would be case by case but I dont see them moving it to the auction based on the above values. I deal with Benz factory and dealers for a living so my opinion has some empirical data behind it. (not saying yours is wrong)

And you are right, they are probably into the car for more but the OP asked what it was worth right?

And for craps and laughs- here is a 2012 new that sold last month for 82k... shows you where these cars are right after they leave the lot. This should be not earth shattering news to anyone though.

08/15/12 SF BAY Lease $82,000 350 Avg GRAPH 8GT A No

© 2012 Manheim. All rights reserved

gsnyc

this is all terrific information. i really appreciate it.

I offered $77.5k (before i had the above) assuming that wholesale was $62-67k. i don't know why i gave them such a profit margin. they countered at $79.9k and said they were in the car for $85k. i think i am offering too much.

I remember the 2010 incentives - they were massive. i think MB was giving $15k back and then the dealers would throw in their profit margin ~ i was offered a $99k car for $76k and should've bought it.

I am between this and a '12. that trade at manheim on the new '12 is so pathetic. these cars lose value so quickly. i'm getting 13% off MSRP - i don't think the dealer can do more. but it sucks to know you still lose 15% (off the purchase price, not MSRP) when you walk out the door (so the car is worth 23% less than MSRP immediately). I thought MB would be throwing money at the cars by now like they did in 2010 - but they seem to have moved the inventory. the programs aren't great. maybe (but there is no way it actually comes true) MB got religion and depreciation will improve.

Malu59RT

Vic, there is a program for 2012 E63's putting them at $999/month for 33 months? Do you know the mileage/year, and down payment required for that? I would love to hop in a new TT E63, but not at $1600/month that my local dealer is quoting me. I see a few 2012's still available out there.

Vic55

That program is dead... ended in August.

Malu59RT

I must have completely skipped over the "ending in August" part. Looks like I will just have to keep my eyes peeled for offers on the 2013's next year. Thank you!

gsnyc

what was the msrp on the $999/mo deal for 33mo? was it only for sedans or wagons too?

Vic55

I think it was a mid to high 90's car and wagons were not part of the program... you could get the same money factor and factory participation on a different car but would pay less or more based off msrp.

gsnyc

thank you. what do you think about 13% off a new '12?

Count Laszlo

71K sounds like a good deal.

Vic55

Thats a good price--- basically a 1 year old model car but there are no more incentives on the car.

Either way the car will be worth less once you drive it off the lot but who are we all fooling here... If I had to only buy cars that appreciated I wouldnt be buying cars.

gsnyc

Thanks for all your help. The lowest the dealer will go on the remaining 2011 is 77k. So i feel like i pretty much lose the same amount on either the '11 or the '12 as soon as i drive off the lot.

EOncMD

Did you bid on the car in rallye or helms brothers? I think manhattan also has a 2011, somehow there is no market but the dealership in ny plays hard ball. I just got my 2012 black on black with performance package-and it took more than a month of back and forth. It seem there is a market disparity in NY. If 2011 is going for mid 70s then an extra 10k for the new 2012 model is a better way to go especially with depreciation factored in, as they will not lease 2011s.

gsnyc

its funny - i was looking at another car. there are so many new 2011s left. the '12 is more than $10k more - its a $108k car that i'm paying $96k for - so the '11 is $77k ~ $19k more. that prob is right for 1yr depreciation (especially given Vic's Manheim listing of a new '12 for $82k at auction)

Vic55

MOney not being an issue, Id get the 12 all day... thats a pretty good discount on a 1 year old model car with no further incentives. And you get a car that is faster and more modable (word??).

Now the beauty of the 2011 is normally aspirated engine with a quick response but whats made up in response time is lost to the 2012 in acceleration lag.