Saturday, December 24, 2011

Is kelley bluebook always right about how much to pay for a car?

I have found a 1990 300E Mercedes Benz in prefect condition on the inside and out. The only thing is that it's from a dealer and they have no service records and they are asking a 2000 more than the kelley bluebook but the only reason it doesn't kelley bluebook for more is becaus there are no service records on it. So i am just wondering if 3500 sounds to high for a 1990 300E Mercedes with only 110,000mlies on it and it's in perfect condition?|||KBB can be way off, although they're not often. They sometimes miss the mark on cars older than 20 year, and this one is that. They are often off on high-value cars, and this one is nearly that.





No records on a Mercedes that's "in perfect condition ... inside and out" seems suspicious. Get the Car Fax and see if the car has a Salvage title, or has been totaled and repaired. The mileage is low enough that the car might have sat in storage for years. That's not good -- seals dry out when not used and rubber continues to degrade. If the car was stored but has since been fully refurbished, that's not necessarily a problem. If it has JUST been dug out of storage and is being offered to you without documentation because it's been so long the owners have lost the service records, that's bad.





Check the insulation on the spark plug wires: is it hard, brittle, and cracked? That's a good sign the car has recently been pulled from storage. If they won't let you test drive the car, walk away.





If you test it and like everything -- brakes, steering, high speed handling, etc., spend the money to have a certified Mercedes mechanic (not where you're going to buy the car) do a Pre Purchase Inspection.|||Alright, it's a 20 year old car with 110k miles on the clock. It's not in perfect condition, no matter how much the dealer cleaned it up. No car that has more than 5k on the clock is in excellent/perfect condition.





The fact that the dealer is asking $2k above KBB is because they're looking to make a profit on each car they sell. I'd be surprised if you could knock them down very much.





As far buying the car? Nah, no records at all, no carfax, not a good idea. If you really want it, have a mechanic look at it, preferably a mechanic who works on porches, merc's, and BMWs.|||The only thing for sure about Kelley Blue-book prices is that this is not the price for which it will sell!


A lot of cars of this class were wiped out with the cash for clunkers last year and because the Benz is in the class of "Future Classics's" it demands a higher price. It is only five to ten years away from being desirable show material.


So I don't think the 3500 is too high if you think highly of a Benz. Now if you just want cheap wheels, don't look at this class of car. While the price is right for a daily used driver, it just is not the type.|||The blue book value is an average of what people have paid for a car of that make, model and condition. I think they also list different prices for trade-in value and retail value, so make sure you are looking at the right one. You might be able to talk the seller down or find another Mercedes of similar age and condition.|||KBB is correct, 3500 is a little too high for a car that will break down the road a lot. I had a Mercedes, and YES! it broke down a lot so I just got rid of it. However, to answer your question about the KBB yes, they are about 95% accurate.


don'tont forget, Dealers tend to mark up there prices to make a few extra bucks you know. so try to knock off a Hundredered off the price.|||KBB is an average price.. so cars can be higher or lower..





I would skeptical of a Benz with no maintenance records...Benz's are like pretty women.. high maintenance...





It's also 20 years old, parts are expensive, sometimes hard to find, and these cars tend to break down... i would pass on this...|||it is an estimate.. trust NADA.COM. it is up to date info about how much a specific car has been selling for in your area over the past month. its much better then KBB.COM because it goes by area code and actual dealer info.

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