Anyone know what Financing & Incentives are available for June 2009?
Thread Starter
Super Member
Joined: Jan 2008
Posts: 518
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From: Orange County, CA
E350
Anyone know what Financing & Incentives are available for June 2009?
Anyone know what Financing & Incentives are available for June 2009? I haven't seen them published here yet (or on other sites)... are they out yet?
These were the Financing deals that were published for May 2009:
$6,000 Market Support (E-Class)
1.9% APR Financing (up to 66 months)
Credit For First 2 Months Payments (up to $1,500 on E-Class)
Are June 2009 incentives any better?
These were the Financing deals that were published for May 2009:
$6,000 Market Support (E-Class)
1.9% APR Financing (up to 66 months)
Credit For First 2 Months Payments (up to $1,500 on E-Class)
Are June 2009 incentives any better?
Thread Starter
Super Member
Joined: Jan 2008
Posts: 518
Likes: 2
From: Orange County, CA
E350
Well, this is the only thing that I could find published by MB Financial for June 2009:
1.9% APR Financing (on select vehicles, up to 36 months only)
2.9% APR Financing (up to 66 months)
Anyone know of any other incentives going on?
1.9% APR Financing (on select vehicles, up to 36 months only)
2.9% APR Financing (up to 66 months)
Anyone know of any other incentives going on?
Thread Starter
Super Member
Joined: Jan 2008
Posts: 518
Likes: 2
From: Orange County, CA
E350
Well, this is the only thing that I could find published by MB Financial for June 2009:
1.9% APR Financing (on select vehicles, up to 36 months only)
2.9% APR Financing (up to 66 months)
Anyone know of any other incentives going on?
1.9% APR Financing (on select vehicles, up to 36 months only)
2.9% APR Financing (up to 66 months)
Anyone know of any other incentives going on?
MBWorld Fanatic!
Joined: Jun 2009
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1953 300 Adenauer, 1971 300 SEL 6.3, 1975 600, 1978 450 6.9
Interestingly enough....
...I've been told by several sources that the 1.9/2.9% rates include 1% for the dealer - making the actual rate .9 and 1.9% - can anyone confirm?
Thread Starter
Super Member
Joined: Jan 2008
Posts: 518
Likes: 2
From: Orange County, CA
E350
Yes, that is confirmed (at least in my mind), but I found that you're in for one heck of a time trying to make the dealer give up that 1%.
The ONE dealer that agreed to giving me 0% APR (yes, they had an ad during Memorial Weekend for 0% APR) was going to sell me the car $3K-$4K higher than the other dealers. I asked him why that was, and why they couldn't match another dealer's lower price. He said that basically, each dealership had their own promos that came out of the same "bucket" of money: some have a lower price (but only when financing at 1.9%+ APR), others give you 0% or 0.9% instead of 1.9% APR (but the price of the car is more), etc.
After I've heard 9 dealers all say the EXACT SAME THING about the "bucket" of money (although 6 of them didn't admit to the 0.9% + 1% breakdown), I'm pretty sure it's true. Apparently MBUSA regulates what price dealerships get the cars for, and what's the bottom price they can sell it for, and it's same across the board (not including taxes, licensing fees, etc).
Now that doesn't mean you CAN'T get a good deal on a car... that just means that no dealership will allow you to combine promos from different dealerships. No dealership will give you price match the lowest dealership + use a $1,000 off coupon from another dealership + get a 0% APR promo from a 3rd dealership (I tried... and failed). So basically, once you get down to the rock-bottom pricing dealerships will do, it's all within a couple hundred of each other (depending on how many months you're going to finance, at what rate, or if you're going to lease, or just pay in cash, etc). Apparently none of the dealerships I went to was "dumb" enough to sell me the car and "lose" money in the process...
