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redwhiteblue56 01-24-2012 09:47 AM

2004 E 55 AMG - Advice?
Thinking of picking this up... it has 77K miles on it, says it still has an extended warranty on it...

my commute to work round trip is about 12-13 miles... I maybe drive 5K miles a year... probably less.

My justification is I could take care of this car and keep it at least 5 years, and still probably be under 100K.

Of course repairs scare me on this type of vehicle but I know that is a risk I take.

My real question is what should I factor for general maintenance... say over 5yrs... probably will need tires once, brakes? etc...

Don't want to get into a "money pit"....

they're asking 23K for it... I would think there is some room in that price but haven't gotten to that point yet.

Also, how do they hold value? if I pay say 22K now... and want to sell in a few years am I going to drop 50%? 75%? or where it's already a high mileage used will it hold value well?

THANK YOU for any advice!

chevota 03-18-2019 07:44 PM

I weigh in less on all that stuff and more with; how bad do I want this toy? It is a toy no matter how you look at it. It'll depreciate no matter what, and the more it costs the more you'll lose, but if that were super important you'd be looking at older Hondas.... You're lookin at an E 55 so I'm guessin you are more concerned about power than mpg, and you want this over a generic Mustang etc, so sounds like you just need someone to tell you what you already know? All I'd be doing is looking to see if there are other ones with better colors or prices :)

Sorry, just realized how old this post is....

Noodles 03-19-2019 09:54 PM

He posted this question over 7 years ago and has not visited again since then.

Not sure why you are replying to threads that are very old.

chevota 03-20-2019 05:51 PM

The short version I put in the "Reason" for edit
The long version is I had two tabs open, one normal and one filtered via a search so the threads a few down were already very old. I got them mixed up and commented on what I assumed was a recent thread. Hence; idiot.
I'd delete it if I could but I saw no such option. My head hangs in shame....

Noodles 03-21-2019 10:15 AM

No worries at all.

I have done the same thing. I was not sure you realized they were old so I made a quick post.

Have a great rest of the week and weekend.

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