Would you buy a 2001 Mercedes CL500 for $20G?

Question

http://autos.yahoo.com/used-cars/mercedes_benz-cl_class-cars273352676?sortcol=price&sortdir=up&modelyearub=2001&modelyearlb=2000&askpriceub=any&askpricelb=any&deliverymileageub=any&deliverymileagelb=any&location=San+Francisco%2C+CA+94112&listingtype=used&model=cl_class&make=mercedes_benz&distance=50

Answer 1

The early 00s Mercedes look nasty and are lemons.. Even the mid level CL class.  I would definitely go with a new Honda Accord Coupe: they are hot, fun to drive, will hold their value, and are oh so reliable.  

Answer 2

get it

even if you get a honda or toyota they won't have the horsepower of the V8. Also it gets great gas milage to a V8 and it is a Mercedes so you can't go wrong. I looks real clean but try and get a lower price ask them to lower 16000 and bargain for a price.  

Answer 3

Try out Driverside. It's still in beta but for each model it has cost of ownership, quality ratings, lists of similar cars, technical specs and links to other sites that will help you out with more data. Also the pricing data by mileage will help you see how good the deal is.

http://www.driverside.com/car/mercedes_b...

Answer 4

Jason doesn't know what he is talking about!   The CL500 is Mercedes Top of the line auto in Mercedes-benz Lineup.  The only higher models are the CL55 and CL600!  they are all in the same line.  

While a Honda or Toyota are going to give perceived better reliability, they do not have all the technology that this Benz has.  You can't get air conditioned seats in any Honda!!    For $20k you'll get a very nice Civic EX or you can get a Low Level Accord. And that is assuming you get a discount!  The Civics are selling like hotcakes right now.  

I would certainly get the Benz.   The 20k is a fair price.  That car would bring around 19k through a manheim auction.   To get one for 16 is unrealistic with the low 40k miles on this one.