Date registered: Apr 2005
Vehicle: 2002 CLK430
Location: Southern California
Mentioned: 2 Post(s)
Quoted: 3 Post(s)
1) At $20K, you may want to check the availability of a C230 sedan. I believe the C230 coupes should be less, but it depends on condition and regional desireability. For example, there are two 2003 CPO C230 coupes listed in my area - one at $18.5K (Encino) and the other at $27K (Downtown LA Motors). MB USA shows 17 2003 C230 sedans listed. Excluding the C32's, the least expensive is $19K (67K miles) and the most expensive at $28K (32K miles). For $28K, I'd buy new, but I'd take any of the $22K, mid 30K-mileage sedans over a $20K coupe.
2) The CPO extended warranty must be purchased at the time the car is purchased. With mine, I was told I could not come back the next day and ask to buy it. The warrantee is nationwide, no deductable, and covered by every US MB dealership.
3) At my local dealer, they will give a loaner to any CPO owner if the service is scheduled and takes longer than 2 hours. If the service is unscheduled and takes longer than 2 hours, it depends on the availability of loaners. I did not buy my car at my local dealer and have received a loaner on unscheduled service. The only disadvantage to buying somewhere else that I've found is my local dealer will not wash the car for free every week.
4) I would (and have) use the MBUSA CPO search facility. A CPO car coming back off lease should look like a new car. In my case; new brakes, new tires, current service, full service history, two keys, no dings/scratches/discolorations either inside or out, and all the books (owner's documentation & service manual).