Quote:
Originally Posted by rchase
Not sure why you would want to do burn outs in a luxury car but ok 
If they come back with 12K forget about it. You can get a 1997 in reasonable condition for that much.
You want enough "wiggle room" to absorb any hidden issues with the car. A good rule of thumb is to take the fair private party used value (sorry a mechanics shop is not a dealership) and then start deducting the FULL RETAIL value of the repairs on the car. Be as brutal with that calculator as a dealership service department. When you start negotiating base your negotiations from those numbers and demand some wiggle room on top of that for problems with the vehicle. If your lucky and resourceful you will end up with a cheap car. If your highly unlucky and unresourceful you will at least end up with a car you can resell for what you have in it. |
Heh, I didn't mean that I was going to be doing burnouts, just that that is usally a good indication of "enough" for me.
Also, the mechanic is a good friend. He's not going to be fighting me. I'd be buying from the current owner. I'm not going to be impulsive on this one. I have enough cars to drive, and while we were looking for an E-Class, this S might fit our needs/wants once it has a good transmission in it.
-Tad