99 C280, good buy?

I've found a '99 C280 that I like and am wondering if it looks good to you all. It has 40938 miles on it and CarFax shows no problems. It was a lease vehicle with 2 owners and has never left (ownership-wise)
Orange County, CA. The dealer that owned it before (April '04) the current one sold it as Starmark-certified, although the current dealer hasn't mentioned anything about it.
I noticed no glaring problems in the test drive, but it has some cosmetic damages like missing small chips of paint (.5-1 sq.cm., noticeable only standing next to it) on the front of the hood and a front corner of the lid for the center armrest has a chunk missing from the leather. They've had it on the lot for 2.5 weeks now.
Blue Book says $19,160 and Edmunds says $20,478. Their initial offer was $17,900.
Any opinions?
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Where did you get the $20 grand figure? You added the options?
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Edmunds.com, here's what I put in:
Color - White Mileage - 40938 Leather Seats Outstanding Condition OC Zip Code (Adds $264)
The dealer price is estimated at $20,478, but the private party is $18,175 and trade-in around $16k

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Never use outstanding condition... the dings you said are not idicative of outstanding condition. Your goal is to get the best price... not give your dealer more money.
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Price might be a little high.
On the Star mark It is gone unless you are buying it from a Mercedes dealership. It on transfers from individual to individual. When traded in to a business it goes away.
Good Luck Brett A. Snell
P.S. I work at a MB dealer
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