Last post on Jan 28, 2013 at 5:55 PM
You are in the Sedans
What is this discussion about?
Audi A8, BMW 7 Series, Jaguar XJ-Series, Lexus LS 460, Mercedes-Benz S-Class, Volkswagen Phaeton, Maserati Quattroporte, Mercedes-Benz CL-Class, Sedan
Let's try to define this forum as being limited to luxury performance vehicles where the mainstream version in a typical configuration has an MSRP of at least $60k.
A luxury vehicle with a base price of $59k qualifies because it would typically be bought with some additional equipment, bringing the MSRP over $60k.
Vehicles like the E, 5, A6, M, or GS, even if available in certain versions over $60k, don't qualify because they are cars from companies that have higher end cars in their lineups.
#14188 of 24726 Re: Left-over '06 S-Classes [blkhemi]
Mar 11, 2006 (2:57 pm)
I need your help on this potential Mercedes deal I am making. Basically there is this amazing looking 2004 (Registered 7/2004) S430 4 Matic with 8400 miles on it. It has a clean history and zero paint defects. The dealer wants $59,000 asking. This car is also Starmarked for one year. All scheduled maintenance is included since it is MY 2004.
They are offering me only $43K for my 2005 LS430 with 7,100 miles on it. The Kelley trade in is $49K. I think they should be offering me at least 1-2K more on trade and some discount on the new car.
To be fair, I saw a similar S430 with 22K miles (at another dealer) for $57K. So in comparison this is a better value. What sort of deal do you think I should be getting?
The car is amazing. Merc, I finally understand your enthusiasm for Mercedes. This outgoing S is easy on the eyes and has a great interior to boot. After all these years I finally summoned up the nerve to drive one outside of the parking lot.
Much to my surprise, it drove similar to my Lexus but I didn't have any of the Airmatic buttons pressed. Will I notice any difference with it turned on? Also I didn't drive it past 40 MPH. The Bose stereo was nice, but I missed the fact that it doesn't have a touchscreen.
I'm also wondering about reliability. The car has a good history, the previous owner traded it on a new S550. My son has offered to pick up the tab for most of it, as a birthday gift to me. I do feel bad accepting that offer since he just started work as a Management consultant. I feel like he should be buying himself a nice car instead!
Looking forward to your comments,
#14189 of 24726 Re: Left-over '06 S-Classes [sv7887]
Mar 11, 2006 (3:58 pm)
First off, if you are going to do this sell the LS on your own. They're killing you on the purchase/trade difference.
The car is amazing. Merc, I finally understand your enthusiasm for Mercedes.
Well, you always said you liked the S. Calm down, there will be PLENTY of bargains now that the new model is here, and you'll do a helluva lot better if you walk in without a car to trade.
That's a great son you have there. And kudos to the parents who raised him.
#14190 of 24726 Re: Left-over '06 S-Classes [blkhemi]
Mar 11, 2006 (5:14 pm)
"Not quite so. Take for instance the ubiquitous mainstream Honda Accord. A new '06 Accord EX-V6 lists for around 27k. There is a used '05 with 8000 miles on it in the newspaper for 26.5k."
My uncle is a psychiatrist and the guy that pays $26.5K for a one year old car with 8K miles instead of $500 more for a new one (with a full warranty) with 0 miles will need to see him ASAP.
Mar 11, 2006 (5:41 pm)
Aye, what are you gonna be doing Sunday night at 9 PM?
It's been a long time since fat Tony went running through the snow-covered woods in his Ballys.
#14192 of 24726 Re: Left-over '06 S-Classes [sv7887]
Mar 11, 2006 (8:26 pm)
before you pull the trigger on a used S430 i would search
for a brand new one. MB is offering really great discounts on the outgoing S models. you should be able to get at least 10k off of a brand new car. 0 miles newer model year and a longer warranty may justify any added costs. good luck.
#14193 of 24726 Re: Left-over '06 S-Classes [sv7887]
Mar 11, 2006 (8:51 pm)
That's a steep hit to take on the LS. I'd try to sell it myself before I let an over-acheiving dealer cut me short.
The price of that used S430/4Matic is very close to what's being offered on new '06 models, a few grand give or take. As to reliability, it greatly improved through and after the '03 m/y. These models saw the least performance and electrical problems.
P.S.- Is your son adoptable, as I'd quickly swap with you.
#14194 of 24726 Re: Left-over '06 S-Classes [ljflx]
Mar 11, 2006 (8:57 pm)
Your uncle will be a very busy Dr. as there are thousands of people who purchase vehicles like this.
P.S.- If the Honda is certified, then it will carry a better warranty than new, 6yr/100k mile.
#14195 of 24726 Re: Left-over '06 S-Classes [blkhemi]
Mar 11, 2006 (9:15 pm)
People fall in love and buy without checking to see if it's a good deal. Dealers count on ignorance and impulse over reason to make money. Hence you'll have people who pay about the same for new as old. Note that for many classified listings, the advertised price is not always the final price. In fact, there's often much more discounting on a used than on a new car. So that $26.5 accord may be had for thousands less. As always, do your research and buyer beware.
Most manufacturer dealerships will add extended warranties like the 7 year 100k on new cars so there's often no reason to buy used over new for warranty reasons (with all else being equal).
#14196 of 24726 Re: Left-over '06 S-Classes [sv7887]
Mar 11, 2006 (9:22 pm)
The navi on the s430 has no touchscreen which makes entering street addresses a pain. Please calm down and think about ergonomics as well.
Please don't let your son buy you a car. Have him save for his own car and retirement first.
Also keep both deals separate in your mind. The purchase should be made as a separate deal from the sale your LS. Your LS should also last much longer and have fewer problems than your S430. Have you driven the S500? In socal, the price difference is so small and the acceleration difference so great that I would move up to the 500 if I were you.
Regarding the purchase, check out carsdirect, autotrader, and other web sites to see if you are clearly getting a good deal.
#14197 of 24726 Re: Left-over '06 S-Classes [blkhemi]
Mar 11, 2006 (9:56 pm)
"Your uncle will be a very busy Dr. as there are thousands of people who purchase vehicles like this."
Thousands of fools if that is the case. Sorry I don't buy it for a second and an advertised price is hardly a closed deal price. People don't overpay 20% on a car like that and people who are buying that type of car are careful with their money.
SV - that is one terrible deal. You are overpaying on one car and you are being underpaid on your trade. I've seen $76K S430's advertised at $59,900 brand new in the last two months. If you want one that badly pick it up and sell your car privately for $50-51K. I think you're being impulsive and when people are impulsive they make bad deals.