Used S550

racanada04 · 10:36 AM

I am thinking of buying a used S550 with low mileage.What do you guys think of this deal which i was offered:

2008 S550 with the following Options:

1) Mileage 2300
2) P2 premium
3) AMG SPORT package
4) Panorama Sunroof
5) Night view Assist
6) Rear View Monitor
7) Wood/Leather Steering Wheel
8) i pod integration Kit
9) Power Rear Side window sunblind

MRSP 102,515 ,Asking Price is $88,000

Would appreciate your feedback

modena_360stradale · **Re: Used S550 -** 02-15-2008, 12:44 AM

Is that in Canadian dollars?

You shouldn't have to worry about a used Mercedes (the owners usually baby them) but if you can spring the extra 12 grand and get a brand new one (with your own option specifications) you might want to do that :P

Otherwise the car itself sounds perfect.

Merc1 · **Re: Used S550 -** 02-15-2008, 01:18 AM

What is the mileage?

If that is in USD then (depending on the mileage) the price sounds very good, but we need the mileage.

M

racanada04 · **Re: Used S550 -** 02-15-2008, 10:34 AM

This car has all the options i am looking for ,It has 2300 Miles and the price is in USD

ree · **Re: Used S550 -** 02-15-2008, 10:36 AM

Quote:

Originally Posted by racanada04

This car has all the options i am looking for ,It has 2300 Miles and the price is in USD

2300 miles?? That's nearly brand new...

coolraoul · **Re: Used S550 -** 02-15-2008, 10:43 AM

What is the price for the same in new? Including eventual commercial action/price cut-off by the dealer?

GTA8.5 · **Re: Used S550 -** 02-15-2008, 10:54 AM

Quote:

Originally Posted by ree

2300 miles?? That's nearly brand new...

Yep, it`s not even broken in yet. that usually takes about 50.000 miles.
Sounds like a very good deal and the W221 S-Class has an excellent quality report. I`d still check the service record though.

Put the VIN number in at CarFaX.com. It might be a small fee but it`s worth it, good luck.

racanada04 · **Re: Used S550 -** 02-15-2008, 06:58 PM

sorry , i made a mistake , it has 5k miles

Asking Price 88,000, Would appreciate your advise on this price

GBOY · **Re: Used S550 -** 02-16-2008, 09:27 AM

Before you buy it, visit your local dealership and offer 10K less than the sticker price ... put down a check for 2K or so to show you are serious. They'll call you towards the end of the month or sooner.

But on the ther hand. 5K miles on a "Previously owned" MB is nothing. Plus it has a ton of features so if a dealer will not sell you a similar new one for 90K which they might, I'd say go for this one.

I got mine for $13K less than sticker using this method! LOL

tennmb · **Re: Used S550 -** 02-16-2008, 11:38 AM

Quote:

Before you buy it, visit your local dealership and offer 10K less than the sticker price ... put down a check for 2K or so to show you are serious. They'll call you towards the end of the month or sooner.

Yeah, be a jerk, that always motivates salespeople to help. Or, you could actually work WITH the dealer.

if the car was 102k new then cost on it was about $94,800. Cost, less hold back (which dealers don't negotiate on typically) would have been around $92k. So, no a dealer could not sell you a new one for anywhere near $88k right now. There are no programs, except for dealer loyalty money. You have to own an S, SL or CL currently. i think it's about $3,000.
If you wait, you always risk someone else buying it out from under you. There is no used car factory.