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Old 02-24-2003, 09:22 AM   #1 (permalink)
elfkonig
BenzWorld Member
 
Date registered: Feb 2003
Vehicle: 2003 ML500
Posts: 108
Trade-in value of 2002 ML320 - help!

I want to trade my '02 ML320 for a '03 ML500.

The ML320 has 21,500 miles. It is loaded with options, i.e., Bose, GPS, sunroof, v60 integrated phone, leather seats, etc.

It would be in mint condition except for the fact that it was hit on the side while parked. The damage, while relatively minor, cost $2,000 to repair and was done by MB-recommended body shop in town, which did a superb job. The driver who hit the car was honest enough to leave a phone number on my windshield, so his insurance picked up the tab.

The dealer is offering me $27k.

Any thoughts, suggestions? Does it seem fair, or, as I believe, way too low? Blue Kelly book gives me LESS than dealer! What happened to MB's "legendary" residual value?

__________________
'03 ML500
Obsidian Black
Inspiration pkg.
Xenons
Bose
Sunroof/Quarter windows
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