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Old 05-28-2022, 08:44 AM
Join Date: May 2022
Posts: 1
What would you suggest with a 120k income?

Really want a Mercedes. Had a used 2004 when I was younger but have never had a newer car. Want something with newer technology but not sure if I should go brand new or CPO. What could I qualify for? I really like the new c300 or an e class from the past few years. Credit score is slightly under 700. 120k income w/ about $30k per year in expenses not including food/misc purchases. About $4k debt on credit cards.

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Old 05-28-2022, 09:09 AM
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Join Date: Apr 2008
Posts: 261
I think a 3-4 year old car is the best bang for the buck. CPO is usually good.
E class is a nice car.
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Old 05-28-2022, 09:52 AM
engatwork's Avatar
Join Date: May 2000
Location: Soperton, Ga. USA
Posts: 13,379
2011 to 2014 E350
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Old 05-28-2022, 10:00 AM
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Join Date: Feb 2011
Location: Modesto CA
Posts: 3,877
"What would you suggest with a 120k income?"

Suggest remaining on Twitter, not here.
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Old 05-28-2022, 10:22 AM
tbomachines's Avatar
Join Date: Mar 2009
Location: Philadelphia
Posts: 7,191
Some finance guy will be happy to finance you up to a G wagen and a 10 year loan. Depends how flashy you want to be and how much money you want to tie up in a loan. Best bet is to put some aside for a few months for a down payment and shoot for a CPO C or E class.
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth
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Old 05-28-2022, 06:02 PM
Tony H's Avatar
Join Date: Oct 2005
Location: Bandon, Oregon
Posts: 1,505
I would buy used with an extended warranty. If it breaks it will join the other newish Luxury cars at the Pick n Pull.
Tony H
W111 280SE 3.5 Coupe
Manual transmission

Past cars:
Porsche 914 2.0
'64 Jaguar XKE Roadster
'57 Oval Window VW
'71 Toyota Hilux Pickup Truck-Dad bought new
'73 Toyota Celica GT
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Old 05-29-2022, 12:35 PM
Join Date: Dec 2005
Location: Northern,Ca
Posts: 869
Originally Posted by Frank Reiner View Post
"What would you suggest with a 120k income?"

Suggest remaining on Twitter, not here.
Probably still there, as a bot. This is likely fishing trip or who knows what. They should make a rule that someone has to reply to 25 posts before making their own as a new member. If this guy was really wondering about these Q's he would be at the dealer.

84 280sl
82 300d euro
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Old 05-29-2022, 04:28 PM
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Join Date: Apr 2008
Posts: 261
I suggest you pay off your credit cards.
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Old 06-04-2022, 08:28 PM
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Join Date: Nov 2014
Location: Las Vegas & N. Cal
Posts: 285
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Old 06-04-2022, 09:12 PM
t walgamuth's Avatar
Join Date: Apr 2005
Location: Lafayette Indiana
Posts: 38,331
Buy a good used one and invest in real estate.
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.
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Old 06-05-2022, 12:14 PM
oldsinner111's Avatar
lied to for years
Join Date: Nov 2008
Location: Elizabethton, TN
Posts: 6,219
for me my metal roof garage acts as a faraday cage, happy with old tech, so I can bug out far from people,who will turn rabid.
1999 w140, did it my way, next life hopefully south america
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Old 06-11-2022, 12:43 PM
Tomguy's Avatar
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Join Date: Aug 2002
Location: near Scranton, PA
Posts: 5,402
What does $120k buy in India, Op?

2021 Charger Scat Pack Widebody
1999 Chrysler 300M - 219,000+ miles

1972 280SE 4.5
2014 Jeep Grand Cherokee Limited "Hefe", 1992 Jeep Cherokee Laredo "Jeepy", 2006 Charger R/T "Hemi"
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