I want to buy a 2003, MZB E-500 with 75,000 miles. The asking price is $12,500. Is this a good price for a car that has 1 owner and is in great condition? And what kind of problems mechanically are these cars known for?
2003 mbz e-500, 75,000 miles, asking $12,500, 1 owner, great condition, new tires, 19' chrome wheels. Is this a good price? Problems I should look for that history shows with this car?
As long as it's never been in an accident, that is a good price. If there's any wiggle room left at all, its maybe a few hundred bucks. Im in sales myself and Ive learned that almost everything is negotiable so see if the dealer will absorb the DOC fee or if you're dealing with a private seller, make sure he fills the tank and maybe throws in something extra. As far is issues with the car...Mercedes is sort of known for having somewhat costly repairs and a failure rate that is higher than most of its japanese rivals. That said, the mechanical issues with a 2003 E500 should be fairly minimal. Edmunds.com sites problems with the MAF sensor (a $250 fix) and a valve cover gasket problem ($235 fix), but thats pretty much it.
Excellent $13,250 Very Good $12,850 Good $12,550 Fair $11,400 Well your getting a good deal.