Hello Wooly and John,
Thank you both for the link and PDF respectively. Thanks also for the heads up on the expected price to pay.
It is always interesting to hear what actual owners have to say about their vehicle pricing. Here is why I had this price in mind, and likely the reason for me to be a bit off in my estimation: A friend of mind bought his 2006 55 AMG last year with 60K miles and all options, non-CPO and in good (not perfect) condition. He paid $27.0 for it to a dealer plus $1000 to ship if from Cali to Arkansas.
My calculation was that the price should be about 8% to 10% higher as we move up in years, so a 2008 should be worth no more than 20% above what a 2006 cost... so $32.4 would have been the price... but that was 1 year ago. What I didn't take into account I guess, was mileage and CPO status, which I imagine brings up the price significantly.
Anyway, I actually contacted the online sales exec. from this dealership and asked him to give me a ballpark idea of what I could potentially expect to pay on top of my BMW 135i if I were to trade it in. This is where the fun begins... My car is under warranty, less than 10K miles and not a single scratch on it. NADA values it $27.5K for trade in, KBB says $27.7K also trade in (both quote $31.5K retail for it). The asking price for the SLK on the website is $36K. The gap between my car's trade in and their asking retail price is $8.5K, but considering that they'd never pay the website quoted value for trade in, I imagined I'd get a note back saying trade in + $10K gets you the car.
I'm still recovering here... his note back read $19K plus dealership fees!
I know dealerships are out there to make money, just never figured they'd try to make the whole day's worth of income in one single transaction.
I guess I'll keep looking.