- #1843 of 2062
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Re: Lets get some 2007 S550 owners talking! [mikespopworld]
by blckislandguy
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Sep 27, 2006 (6:15 pm)
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Replying to: mikespopworld (Sep 26, 2006 9:07 pm)
Nice analysis. I can't imagine anything more difficult than trying to privately sell a 27 month old S Class at anything above wholesale. The portion of the "secondary market" for an S Class that would even consider a non-dealer sale aren't the kind of people I'd want coming to my house for a test drive.
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- #1844 of 2062
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Re: Lets get some 2007 S550 owners talking! [blckislandguy]
by mikespopworld
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Sep 28, 2006 (4:45 am)
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Replying to: blckislandguy (Sep 27, 2006 6:15 pm)
I didn't even mention how much financing adds to the total "all-in" costs. If you finance just over half of the 93k, say 50k at 6% interest, that adds over 7k to your all-in costs which makes leasing look even better...
You are right - can you imagine the hassle of trying to sell the car on your own? PASS! I didn't even mention that only 2 or 3 of the 15 or so '05 S500's on Ebay had bids! Not too much demand...
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- #1845 of 2062
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Re: Lets get some 2007 S550 owners talking! [blckislandguy]
by leaseexpert1
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Sep 28, 2006 (7:11 am)
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Replying to: blckislandguy (Sep 27, 2006 6:15 pm)
The 27 month lease is a good deal if you want to drive the car for a couple of years and then get something new. Or you can drive it for a couple of years, turn it in to MBZ and let them own it for 70K and turn around and lease a 2008 preowned from an independent dealer or private seller and let them take the big hit. I have a friend/customer that I got into a S550 Sport about 6 months ago. He has leased 13 vehicles from me over the last 2 years. Has never driven a sedan more than 1 year. He will not give his S550 up. I have not found a person out there that does not LOVE this vehicle. There are going to be a lot of people kicking themselves when their 27 month lease is up and they want to keep a vehicle that they owe 10K more than the book value. Most people that are spending this kind of money for a vehicle should be looking at the long term costs of the vehicle. What I am hearing most people say is "How can I save a hundred or Two dollars a month?"
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- #1846 of 2062
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Re: Lets get some 2007 S550 owners talking! [leaseexpert1]
by blckislandguy
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Sep 28, 2006 (6:19 pm)
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Replying to: leaseexpert1 (Sep 28, 2006 7:11 am)
Sure, the traditional way is the smart way: buy it, drive it, and then in four or five years years do it again. (How big of a hardship would it be to drive and be seen in an '02 or 03 S Class, anyway?). But the poster's goal was to only lease/own it for a short time while he awaited the next hot thing to come along.
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- #1847 of 2062
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service/repair manuals for 1997 s320
by wmalange
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Oct 04, 2006 (12:17 pm)
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Anyone know where to find literature on working on these cars? I only have 50k miles on it and thins are starting to give me trouble (seat cushion bottom leather is only $2400 at the dealer!) Thank you.
wmalange yahoo.com
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- #1848 of 2062
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press request
by kirstie_h HOST
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Oct 12, 2006 (10:10 am)
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A reporter from a large daily newspaper is looking to speak to Mercedes-Benz owners in the Washington DC area about the expectations you have with the car when you purchase it and any problems you’ve had to deal with. Please provide your daytime contact info to ctalatiedmunds.com no later than Monday, October 16, 2006.
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- #1849 of 2062
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Good Deal?
by mickyl
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Oct 13, 2006 (8:17 pm)
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I am about to buy a MB S550 brand new with the sticker price of $92,300, for $89,000. I am getting $3.3K discount off the MSRP. Good deal or no?
Any comments welcome.
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- #1850 of 2062
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Re: Good Deal? [mickyl]
by mikespopworld
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Oct 14, 2006 (6:12 am)
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Replying to: mickyl (Oct 13, 2006 8:17 pm)
Sounds "fair" to me at best. I 100% guarantee you that if you live in the ny/nj area you can shop that deal and easily beat it by 1k or 2k. If you are not beholden to some specific option package and don't need the rare option(night assist) or the exclusive option(amg package) I would advise you to shop around and if you are willing to go the extra mile, call out of state dealers like I did - there's hundreds of s550's available within a few hours drive from my house in nj - and i'd be willing to bet real money that 5k off a 90k-95k sticker car is a certainty within the first four dealers you call in your area - it's all up to you - be a tough negotiator, and all that takes is sticking with your offer and being willing to walk away and call the next guy.
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- #1851 of 2062
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Good Deal?
by mickyl
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Oct 14, 2006 (7:51 pm)
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Thanks for your advice. In fact, I did call around quite a bit and found that there are about 100 MBs with the color combination that I want (i.e. black and black).
I shopped around and I think the shipping cost will add at least $1K on top of the negotiated price if I were to buy it out of state. But what really got me off a wrong foot was that there was someone (private seller) who tried to defraud me. For $2 to $3K difference, I don't really think it makes sense for me to take a risk on that.
So, I bought the S550 today at the price that I asked earlier.
Thanks for your comments, anyhow.
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- #1852 of 2062
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Re: Good Deal? [mickyl]
by mikespopworld
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Oct 15, 2006 (6:57 am)
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Replying to: mickyl (Oct 14, 2006 7:51 pm)
By settling for 3k off MSRP I'd have to say you defrauded yourself of 1k-2k or more in extra discount. Seems like whatever happened scared you into settling for the 3k discount without looking around. Would like to hear the full story. Anybody else reading this realize this is not typical. If you are not beholden to a specific color or option package and with the 4matics soon to hit the market, and hundreds of rear wheel drive S550's on lots everywhere, if you don't get at least 5k off MSRP on a RWD S550 here in the northeast I'd say you didn't negotiate hard enough. My first stop at Mercedes of Morristown NJ about two months ago, and without any negotiation, got me a 94.7k car offered to me at 90.3k, over 4k without even pushing - he would have done better - he said so himself, but I settled on a car with the rare night assist which supposedly was not discounted at all because of their rarity -and I got over 3k off of that car at Greenwich Mercedes in CT and did the deal with them because I wanted the rare option.
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