Tarry,

Do you have any recent #'s on manheim auction sales on the 2006 (or 2005) Mercedes E55? Still likely to go with the 2011 Mustang or 2010 Camaro, but the performance of this car is amazing.

However, when dealing with used cars, it's a shot in the dark for what the dealer is into it for, so it's hard to have a base for haggling vs. buying new. I found two near by - both 2006's.
One has 38K miles, asking price $39K other has 68K miles - asking price $35K. Granted, those are "starting points" but be nice to have a better idea of what the real #'s are. Even if I don't lease though you, I'll finance (as the rates are better, noted below).

Also, does leasecompare find cars and/or act as a broker (if I've found the vehicle) if I'm using you for the financing

lastly, why are the money factors so high on this car (just ran a lease compare) - .00451 - which is like 10% interest... especially when the loan prices listed on the car next to it are ~5.5%? that doesn't make sense, since I'd assume the these quotes are coming from the same banks.

thanks!

damon

Here is the info. There are also links at the bottom of the post that gives details on questions to the services we offer. We are going to add another used car lease source at the end of the month that should have lower rates. There is really nobody out there right now offering used car leasing.

Auction Values

Sale Prices for Week Ending June 2, 2010.

2005 Mercedes E55 AMG
Average Miles: 81,201

Above Average: $28,757
Average: $21,707
Below Average: $14,657

Total Sold: 7

2006 Mercedes E55 AMG
Average Miles: 48,305

Above Average: $39,838
Average: $33,375
Below Average: $27,367

Total Sold: 7

Keep in mind vehicles sold at auction have incurred expenses for reconditioning, transportation, and auction run/sell fees. These expenses need to be taken into consideration when placing a value on a vehicle you are looking to buy/sell.

Use DriveItNow.com to see instant lease and loan payments.

Use our services to help LOCATE a vehicle, INSPECT it and PROTECT it.

Tarry,

Thank you very much for providing the requested information.

Is the company Drive it Now and the services they offer a different company than Leasecompare?

Or is it just a re-brand/marketing deal?

thanks,
damon

Same company. We are going to be launching the official DriveItNow.com website later this year.