Last post on Aug 02, 2012 at 10:24 AM
You are in the Mercedes-Benz R-Class
What is this discussion about?
Mercedes-Benz R-Class, Mercedes-Benz R63 AMG, Car Leasing, Car Buying, Wagon, SUV, Van
#276 of 294 Re: 2007 R350 CPO [heris]
Aug 19, 2011 (8:38 am)
Thanks for sharing Heris. I brought a similar package here in Canada, I will now check if I have the same problem.
Nov 21, 2011 (10:30 am)
I am looking at a 2009 R-350, 50k miles that was just returned to the dealer off of lease. The car is not even in the dealers inventory as it is still owned by MBUSA financing. Any thoughts on what this car would sell at at auction? How much negotiating do you think there is considering the dealer does not have to pay for marketing and will sell immeadiately. If I do not buy it I do not think they will take it into inventory.
#279 of 294 additional value for extended warranty?
Jan 26, 2012 (8:11 pm)
We have a 2006 R350 premium package, etc that I bought as Certified from my local dealer and then bought an extended warranty that is good for another 3 years and 50k from now because it was such a frequent visitor to the repair shop. That warranty has paid for itself so many times and as a result the car has had many new items put on it and is in great shape (I hear a noise, I take it in, I see a light on, I take it in, etc). I just want a newer one, should have bought a 2008 or 2009 when I bought this one.
I looked up trade in value ($18,500), private sale($21,400) and retail values ($23,600) and realize those don't really take into account the value of the extended warranty for a car of this vintage (in fact I cannot find a 2006 R350 under warranty within a 500 mile range of me). The difference between retail and certified for the car is about $1500 and since the warranty cost me $3,200 a year ago, I figure it has to increase the value of the car by at least that much over the trade or private sale value that various tools list. Does that sound about right?
I'd like to try to work a trade with my local dealer (who sold me the car and the extended warranty), so I am trying to get a sense of exactly what the numbers are so he doesnt make too much from me on the combination of the trade in and the new sale. I know how to figure out how to drive a good deal on the new sale, it's the trade that has me puzzled. I'm guessing he'll list the car for $25k, so getting $18.5k trade value seems like leaving too much on the table. He's serviced the car and has always done everything that needs to get done, so he wont have any real inspection/service costs before he puts it on the lot. But obviously, he has some costs in selling it and needs to make a bit of profit. What is a good place to start with a proposed trade, $21,500, higher/lower?
Personally I wouldn't dream of owning a 2006 R outside of warranty, so I am surprised people would pay in the range of $20k for one!
#280 of 294 Re: additional value for extended warranty? [stephem3]
Mar 29, 2012 (1:59 pm)
Browsing thro posts here, I noticed that someone bought a CPO 3 years old. 33k miles for $23,500 (2009) . Current listed market prices(dealer asking price) for something equivalent is something around 38k. I dont get it. Was a 3yr old CPO R really selling for that low just a couple of years back. What would be a fair price to pay now. Any advise would be greatly appreciated as I am so confused at this point.
#281 of 294 Re: additional value for extended warranty? [syman1]
Apr 25, 2012 (1:41 pm)
Well, I can't speak about that specific deal, but the market has definitely changed. The deal I got on a one model year old with 5200 miles has gone up by at least $5000 to $8000 in the past year. The used car market in general has changed for all cars. Fewer big deals on new cars also.
There is lots of talk on a Mercedes owners forum and the general consensus is that whatever reliability problems that existed for the R Class were definitely solved on the 2009 and newer models. Possibly also true for 2008 models.
#282 of 294 How much for a '08 R350 4Matic?
Jul 02, 2012 (6:52 am)
Hi, request to the gurus here: - thinking of buying a private party R350 '08 with 35k miles.
1) How reliable are the cars? What kind of annual maintenance am I looking at?
2) What would be fair price - has nav and ent system.
#283 of 294 Re: How much for a '08 R350 4Matic? [adkol]
Jul 02, 2012 (7:40 am)
Its hard to guess the value. It depends on where you live. Check out used prices on cars.com or autotrader and set the area search to 500 miles. Looks like good low mileage. Reliability was worse for the 2006 and 2007 and best on mid 2009 and newer. 2008 models are in the middle. Check to see if the engine number is in the range for the cam sensor problem. Not all cars in the range have the problem, but it can be expensive. Service and oil change is required only every 10,000 miles and will cost $250 to $400 at a dealer, less at a good independent specializing on German cars. The transmission fluid will require changing and flush at 40,000 miles so get a price on that. Tires only last around 30 to 35k on average. You can have a dealer pull up the service record for that vehicle ID no matter what dealer serviced it. No problems yet on my 2010 with 28k miles and I love it.
#284 of 294 Re: How much for a '08 R350 4Matic? [gforaker]
Jul 02, 2012 (7:45 am)
The engine problem I mentioned is also called balance shaft sensor problem.
#285 of 294 Re: How much for a '08 R350 4Matic? [gforaker]
Jul 02, 2012 (8:39 am)
Thanks 'gforaker'. I am looking for this in the DC area. Do you know where I can check on the engine issue - any link?