Scary price on benz - Page 3 - Mercedes-Benz Forum

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post #21 of 22 (permalink) Old 11-03-2007, 03:20 PM
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post #22 of 22 (permalink) Old 11-04-2007, 12:20 AM
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Let's see, I am basing my market analysis on the three major indices of the auto industry, NADA, KBB and more recently edmunds. I chose KBB because many dealers in the Callifornia market use it as a guide in pricing cars.....

I just did a sort from the national dealer auction for 2001 E Class cars which tells me what dealers ACTUALLY paid at the 192 various auctions that occurred in OCTOBER for 783 2001 E Class E320s. The average [non salvage] was $11,218 and that included all auction and off lease cars that were processed. With normal used car dealer mark up of a couple grand $13,500-15,000 is about right AND surprisingly right in range with KBB and NADA.

Now, where exactly did you glean your marketing analysis?

And I do tend to get out, in the Mercedes market quite often.
Amazingly CA insurance adjusters don't use ANY of those sources. They have local "Market Analise" not available to general public. I researched that a bit year ago, when our car got totaled.
Historically BB was lowering MB prices in California. The 10 grands valuated car could not be bought here for less, than 12 grands.
Lately when the prices dropped like grenades, they are about a year behind.

Last edited by Kajtek1; 11-04-2007 at 12:23 AM.
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