C63 AMG (W204) 2008 - 2015
Sponsored by:
Sponsored by:

Is dealer lying to me?

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old Aug 17, 2010 | 11:08 AM
  #1  
icecube7's Avatar
Thread Starter
Newbie
 
Joined: Aug 2010
Posts: 9
Likes: 0
clk350
Is dealer lying to me?

Hi guys,

I'm trying to buy c63amg within a week. I contacted a dealer here at New Jersey, Bergen county; the MSRP he gave me is $68000 with options including:

P2, AMG leather package, multimedia package.

The car is 2010. I tried to buy 2011, but he told me the 2011 is not available yet. Considering the car 2010, I asked him for discount and he offered me $700 discounts and free 3-year maintenance.

I'm trying to lease the car, and I don't this this is a good deal as it is 2010!!!! How is this dealer? is he trying to ripp me off?
I checked edmunds, and people are paying about $59000 for the same option. This number seems like Fxxkxxx crazy. Is it true that 2011 C63amg is not available yet? and would I be stupid to buy 2010 for that price?
Thanks in advance!
Reply
Old Aug 17, 2010 | 11:14 AM
  #2  
PetroC63's Avatar
MBWorld Fanatic!
 
Joined: Aug 2005
Posts: 2,207
Likes: 2
From: North Jersey
2012 CTS-V
Originally Posted by icecube7
Hi guys,

I'm trying to buy c63amg within a week. I contacted a dealer here at New Jersey, Bergen county; the MSRP he gave me is $68000 with options including:

P2, AMG leather package, multimedia package.

The car is 2010. I tried to buy 2011, but he told me the 2011 is not available yet. Considering the car 2010, I asked him for discount and he offered me $700 discounts and free 3-year maintenance.

I'm trying to lease the car, and I don't this this is a good deal as it is 2010!!!! How is this dealer? is he trying to ripp me off?
I checked edmunds, and people are paying about $59000 for the same option. This number seems like Fxxkxxx crazy. Is it true that 2011 C63amg is not available yet? and would I be stupid to buy 2010 for that price?
Thanks in advance!
Too much money.

What dealer? My brother works for Benzel Busch in Englewood.
Reply
Old Aug 17, 2010 | 11:15 AM
  #3  
Xander Crews's Avatar
Member
 
Joined: May 2010
Posts: 122
Likes: 0
From: VA
95 E300D, 97 FZJ-80
Check this thread out. Yes...that price is steep.

https://mbworld.org/forums/c63-amg-w...09-2010-a.html
Reply
Old Aug 17, 2010 | 11:23 AM
  #4  
icecube7's Avatar
Thread Starter
Newbie
 
Joined: Aug 2010
Posts: 9
Likes: 0
clk350
Originally Posted by PetroC55
Too much money.

What dealer? My brother works for Benzel Busch in Englewood.
He works at Benzel Busch lol....
what would be the reasonable price for this car?

I'm trying to lease with 20k down, 36 months, and 12000 mi. Also, is it true that 2011 is not available yet?

please help!
Reply
Old Aug 17, 2010 | 11:28 AM
  #5  
propain's Avatar
MBWorld Fanatic!
 
Joined: Aug 2009
Posts: 3,974
Likes: 2
From: NY
See Sig
Originally Posted by icecube7
He works at Benzel Busch lol....
what would be the reasonable price for this car?

I'm trying to lease with 20k down, 36 months, and 12000 mi. Also, is it true that 2011 is not available yet?

please help!
20K down lease... what a horrible waste of money.
Reply
Old Aug 17, 2010 | 11:29 AM
  #6  
harrower's Avatar
MBWorld Fanatic!
 
Joined: Dec 2009
Posts: 1,194
Likes: 2
From: Prague, Czech Republic
2009 C63, 2007 GL 450
Originally Posted by icecube7
He works at Benzel Busch lol....
what would be the reasonable price for this car?

I'm trying to lease with 20k down, 36 months, and 12000 mi. Also, is it true that 2011 is not available yet?

please help!
2011 are not available yet. You can buy and have a build slot for 2011, but all inventory on the lots will be 2010.
Reply
Old Aug 17, 2010 | 11:34 AM
  #7  
icecube7's Avatar
Thread Starter
Newbie
 
Joined: Aug 2010
Posts: 9
Likes: 0
clk350
Originally Posted by propain
20K down lease... what a horrible waste of money.
I don't really have a great knowledge about the lease since I haven't done this before. Is it bad to down 20k? I just don't want to pay too much monthly, so I figured 20k down will cut that monthly price. If I down less, then I will pay more money monthly, and if I down more, I will pay less monthly. Am I thinking something wrong?...
Reply
Old Aug 17, 2010 | 11:36 AM
  #8  
Xander Crews's Avatar
Member
 
Joined: May 2010
Posts: 122
Likes: 0
From: VA
95 E300D, 97 FZJ-80
Originally Posted by icecube7
I don't really have a great knowledge about the lease since I haven't done this before. Is it bad to down 20k? I just don't want to pay too much monthly, so I figured 20k down will cut that monthly price. If I down less, then I will pay more money monthly, and if I down more, I will pay less monthly. Am I thinking something wrong?...
You'll cut the monthly down, but you'll be blowing $20k that you could otherwise be investing in a non-depreciating asset that you'll be turning in three years from now anyways.
Reply
MB World Stories

The Best of Mercedes & AMG

story-0

New Electric Mercedes-AMG GT 4-Door Coupe Unveiled: 10 Things You Need to Know

 Verdad Gallardo
story-1

6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)

 Verdad Gallardo
story-2

Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun

 Verdad Gallardo
story-3

Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren

 Verdad Gallardo
story-4

8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine

 Verdad Gallardo
story-5

Flawlessly Restored Mercedes 190E Evo II Heads to Auction

 Verdad Gallardo
story-6

Electric Mercedes C-Class Unveiled: 11 Things You Need to Know

 Verdad Gallardo
story-7

Mercedes EQS Gets A Major Update: Everything You Need to Know

 Verdad Gallardo
story-8

5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve

 Verdad Gallardo
story-9

Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping

 Verdad Gallardo
Old Aug 17, 2010 | 11:43 AM
  #9  
PetroC63's Avatar
MBWorld Fanatic!
 
Joined: Aug 2005
Posts: 2,207
Likes: 2
From: North Jersey
2012 CTS-V
Originally Posted by icecube7
He works at Benzel Busch lol....
what would be the reasonable price for this car?

I'm trying to lease with 20k down, 36 months, and 12000 mi. Also, is it true that 2011 is not available yet?

please help!
I think there is still a 5K incentive for AMG vehicles this month.
Last month it was 10K.

Also, the dealer has about 7K wiggle room on the car regardless
of the incentive.

Honestly, as others have said 20K down is a waste of money.

Last edited by PetroC63; Aug 17, 2010 at 11:57 AM.
Reply
Old Aug 17, 2010 | 11:46 AM
  #10  
propain's Avatar
MBWorld Fanatic!
 
Joined: Aug 2009
Posts: 3,974
Likes: 2
From: NY
See Sig
Originally Posted by icecube7
I don't really have a great knowledge about the lease since I haven't done this before. Is it bad to down 20k? I just don't want to pay too much monthly, so I figured 20k down will cut that monthly price. If I down less, then I will pay more money monthly, and if I down more, I will pay less monthly. Am I thinking something wrong?...
Interest rates are so low that you can put 20K on a 55K buy and finance 35K over 60 months and pay very little. You also will get that 20K back when you sell the car.

If you put 20K on a lease kiss the money goodbye unless you buy the car at the end of the lease.

Do not lease this car. Take the 20K and put it down on a finance. Go 72 months if you need to keep the payments lower.

Edit: also think of it this way. How long will that 20K spread out in payments? Lets say the 20K down..

55K over 72 months is $860 a month.
34K over 72 months is $547 a month.

$20,000 divided into 72 months is 277 a month.

$547+$277= $824

Id rather pay $300 more a month and see the 20k sitting in my bank account and use it if I need it rather than dump it all into a car that I must sell to get it back.

Last edited by propain; Aug 17, 2010 at 11:53 AM.
Reply
Old Aug 17, 2010 | 11:50 AM
  #11  
icecube7's Avatar
Thread Starter
Newbie
 
Joined: Aug 2010
Posts: 9
Likes: 0
clk350
Originally Posted by icecube7
Hi guys,

I'm trying to buy c63amg within a week. I contacted a dealer here at New Jersey, Bergen county; the MSRP he gave me is $68000 with options including:

P2, AMG leather package, multimedia package.

The car is 2010. I tried to buy 2011, but he told me the 2011 is not available yet. Considering the car 2010, I asked him for discount and he offered me $700 discounts and free 3-year maintenance.

I'm trying to lease the car, and I don't this this is a good deal as it is 2010!!!! How is this dealer? is he trying to ripp me off?
I checked edmunds, and people are paying about $59000 for the same option. This number seems like Fxxkxxx crazy. Is it true that 2011 C63amg is not available yet? and would I be stupid to buy 2010 for that price?
Thanks in advance!
Thank you for so many opinions!
To sum up, 20k is waste of money as I can invest about 10k at some place else. Ok, got it. Then, how much discount is reasonable? i just called another dealer and he said no discount what so ever.
what would be the resonable price to make the deal?
Reply
Old Aug 17, 2010 | 11:52 AM
  #12  
Yuille36's Avatar
MBWorld Fanatic!
Veteran: Marine Corps
15 Year Member
Liked
Community Favorite
 
Joined: Apr 2009
Posts: 6,020
Likes: 532
From: Alexandria, VA
07 E63 AMG, 10 C63 AMG, 07 E63 Designo, 07 E350, 09 C300, 07 C230
The dealers are offering great discounts. Right now is the time to buy. There are deals to be had out there as the 2011 are arriving soon, the dealerships want to move inventory. I would try another dealer that is willing to work with you. I got my 2010 obsidian Black C63 in Sahara Biege with P2, keyless go, AMG Leather, and MM Package for $57500, that included a $12500 discount at Euromotorcars of Bethesda. Good luck
Reply
Old Aug 17, 2010 | 11:57 AM
  #13  
PetroC63's Avatar
MBWorld Fanatic!
 
Joined: Aug 2005
Posts: 2,207
Likes: 2
From: North Jersey
2012 CTS-V
Originally Posted by propain
Interest rates are so low that you can put 20K on a 55K buy and finance 35K over 60 months and pay very little. You also will get that 20K back when you sell the car.

If you put 20K on a lease kiss the money goodbye unless you buy the car at the end of the lease.

Do not lease this car. Take the 20K and put it down on a finance. Go 72 months if you need to keep the payments lower.

Edit: also think of it this way. How long will that 20K spread out in payments? Lets say the 20K down..

55K over 72 months is $860 a month.
34K over 72 months is $547 a month.

$20,000 divided into 72 months is 277 a month.

$547+$277= $824

Id rather pay $300 more a month and see the 20k sitting in my bank account and use it if I need it rather than dump it all into a car that I must sell to get it back.
+1

Financing is the way to go.
Reply
Old Aug 17, 2010 | 11:58 AM
  #14  
PetroC63's Avatar
MBWorld Fanatic!
 
Joined: Aug 2005
Posts: 2,207
Likes: 2
From: North Jersey
2012 CTS-V
Originally Posted by icecube7
Thank you for so many opinions!
To sum up, 20k is waste of money as I can invest about 10k at some place else. Ok, got it. Then, how much discount is reasonable? i just called another dealer and he said no discount what so ever.
what would be the resonable price to make the deal?
PM sent.
Reply
Old Aug 17, 2010 | 11:58 AM
  #15  
propain's Avatar
MBWorld Fanatic!
 
Joined: Aug 2009
Posts: 3,974
Likes: 2
From: NY
See Sig
Originally Posted by icecube7
Thank you for so many opinions!
To sum up, 20k is waste of money as I can invest about 10k at some place else. Ok, got it. Then, how much discount is reasonable? i just called another dealer and he said no discount what so ever.
what would be the resonable price to make the deal?
Depends on where you from I guess...

You will get nowhere on the phone unless you tell them what you want to pay.

Go to the dealership and look the guy in the face and say "I want that car and ill give you 55K right now" If he says "No" ask to see the manager because the sales person doesn't have the final say.

If they still say no ask them to counter. If they give you MSRP or close to it.. fist you laugh at them.. then you tell them you know what they are selling for.. If they still insist tell them good luck selling and leave.
Reply
Old Aug 17, 2010 | 11:59 AM
  #16  
Sheep's Avatar
Super Member
 
Joined: May 2009
Posts: 785
Likes: 0
From: Pittsburgh, PA
2013 Nissan GT-R BE
Very true, and DO NOT GET CON!! If you are not getting at least 11k of than somethings wrong. That 2010 AMG listed above is a good deal . If you go on cars.com, there are 3 2011 C63 AMG in country, but all of them are north of 80k!

Sheep
Reply
Old Aug 17, 2010 | 12:18 PM
  #17  
icecube7's Avatar
Thread Starter
Newbie
 
Joined: Aug 2010
Posts: 9
Likes: 0
clk350
Originally Posted by propain
Depends on where you from I guess...

You will get nowhere on the phone unless you tell them what you want to pay.

Go to the dealership and look the guy in the face and say "I want that car and ill give you 55K right now" If he says "No" ask to see the manager because the sales person doesn't have the final say.

If they still say no ask them to counter. If they give you MSRP or close to it.. fist you laugh at them.. then you tell them you know what they are selling for.. If they still insist tell them good luck selling and leave.
55k? Isn't it for buying the car? If I want to lease the car, could I also ask for the discount?
Reply
Old Aug 17, 2010 | 12:22 PM
  #18  
icecube7's Avatar
Thread Starter
Newbie
 
Joined: Aug 2010
Posts: 9
Likes: 0
clk350
Originally Posted by Sheep
Very true, and DO NOT GET CON!! If you are not getting at least 11k of than somethings wrong. That 2010 AMG listed above is a good deal . If you go on cars.com, there are 3 2011 C63 AMG in country, but all of them are north of 80k!

Sheep
why do you think that's a good deal? Everyone is saying the 2010 i listed above is expensive...(I'm leasing, not buying...maybe this is why?)
Reply
Old Aug 17, 2010 | 01:21 PM
  #19  
Sheep's Avatar
Super Member
 
Joined: May 2009
Posts: 785
Likes: 0
From: Pittsburgh, PA
2013 Nissan GT-R BE
Originally Posted by icecube7
why do you think that's a good deal? Everyone is saying the 2010 i listed above is expensive...(I'm leasing, not buying...maybe this is why?)
Yes I know leasing is different but $700 off is not a good deal... Just ask around. Good luck.

Sheep
Reply
Old Aug 17, 2010 | 01:22 PM
  #20  
Cartman's Avatar
Member
 
Joined: Oct 2009
Posts: 76
Likes: 0
From: New England
future W204 owner
why not buy for 20k down? i am new to car buying as i am looking into buy soon, early 2011. and 68k is too much to spend, that should be the price of the 2011 c63. contact 2-3 other dealers and get a quote, then go back to this stealership and tell the stealer that if he wants to get rid of old inventory before the 2011's, he should match or beat the other dealership quotes
Reply
Old Aug 17, 2010 | 01:34 PM
  #21  
clkwork's Avatar
MBWorld Fanatic!
 
Joined: Dec 2006
Posts: 1,311
Likes: 4
CLK63 Black Series
I don't see the problem with putting money down on a lease. You would be even worse off if your invested it and lost money.

BTW... if you put that 20k on my black series lease your payments would only be 1k/month... and you would be in a CLK black
Reply
Old Aug 17, 2010 | 01:45 PM
  #22  
Pertplus's Avatar
MBWorld Fanatic!
 
Joined: Dec 2008
Posts: 2,169
Likes: 75
From: San Diego
Hyperion's Candy-Coated 4 x 4
Originally Posted by PetroC55
+1

Financing is the way to go.
I would respectfully disagree (obviously depending on your situation and how long you like to keep cars), but for me, I only pay a little more than what you listed for the $55k price/72mos and mine's a lease and I only put about $2500 down. Now, granted, I didnt negotiate that much off my car because they bought my modded E55 for around $20k more than any other dealer offered and probably close to the best price I was going to get from a private sale.

So for me, I can turn this car back in with no worries at the end of the lease term, pay not that much more had I financed it. At the end of the day, as people here have noted, its a depreciating asset (and with AMGs one that depreciates at a hefty pace) so either way, you're not making money on the car.

This site has definitely given me some new perspectives on how to negotiate the next time I get a car (a situation that wont require me to try to sell my old car as part of the deal)

Last edited by Pertplus; Aug 17, 2010 at 01:47 PM.
Reply
Old Aug 17, 2010 | 01:47 PM
  #23  
Sheep's Avatar
Super Member
 
Joined: May 2009
Posts: 785
Likes: 0
From: Pittsburgh, PA
2013 Nissan GT-R BE
The problem with a large down for leases is that it only make sense IF you do buy it at the end of the lease, otherwise it just doesn't make sense because none of that goes to the principle of the car. And this is why buying will make more sense. Think about it, let say your lease goes up by $200 a month on a 36 month lease with out that large down payment, than $200 x 36 is still only $7200 vs. $20000 that you will never see again!

Sheep
Reply
Old Aug 17, 2010 | 01:58 PM
  #24  
clkwork's Avatar
MBWorld Fanatic!
 
Joined: Dec 2006
Posts: 1,311
Likes: 4
CLK63 Black Series
Originally Posted by Sheep
The problem with a large down for leases is that it only make sense IF you do buy it at the end of the lease, otherwise it just doesn't make sense because none of that goes to the principle of the car. And this is why buying will make more sense. Think about it, let say your lease goes up by $200 a month on a 36 month lease with out that large down payment, than $200 x 36 is still only $7200 vs. $20000 that you will never see again!

Sheep
Wow, that's not how a lease works at all. A lease is simply financed depreciation. Any down payment you make goes toward the "principle" just like a down payment on a finance deal - the difference is that you are only paying the depreciation instead of the entire cost of the vehicle. In the same way you can pay cash for a lease by paying the difference in negotiated and depreciated value up front.
Reply
Old Aug 17, 2010 | 02:23 PM
  #25  
propain's Avatar
MBWorld Fanatic!
 
Joined: Aug 2009
Posts: 3,974
Likes: 2
From: NY
See Sig
Originally Posted by vmspionage
Wow, that's not how a lease works at all. A lease is simply financed depreciation. Any down payment you make goes toward the "principle" just like a down payment on a finance deal - the difference is that you are only paying the depreciation instead of the entire cost of the vehicle. In the same way you can pay cash for a lease by paying the difference in negotiated and depreciated value up front.
This is true. You also only pay tax on the depreciated value. Two big pluses.

The downside is AMG's depreciate like crazy so your payment will be high anyway. 54% I think. Also there is a big difference putting $2500 down and $20,000 down.
Reply


You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -4. The time now is 01:31 PM.

story-0
New Electric Mercedes-AMG GT 4-Door Coupe Unveiled: 10 Things You Need to Know

Slideshow: Mercedes-AMG's new electric GT 4-Door Coupe trades combustion for software, synthetic noise, and more than 1,100 horsepower.

By Verdad Gallardo | 2026-05-20 20:08:15


VIEW MORE
story-1
6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)

Slideshow: Not every Mercedes design becomes timeless, some feel stuck in the era they came from.

By Verdad Gallardo | 2026-05-12 18:09:07


VIEW MORE
story-2
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun

Slideshow: Yes, Mercedes built manual cars, and some of them are far more interesting than you'd expect.

By Verdad Gallardo | 2026-05-02 12:36:58


VIEW MORE
story-3
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren

Slideshow: A one-of-one U.S.-spec Mercedes-Benz SLR McLaren Roadster became even rarer after a factory-backed transformation at McLaren's headquarters.

By Verdad Gallardo | 2026-04-29 11:19:28


VIEW MORE
story-4
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine

Slideshow: Before curves took over, Mercedes mastered the art of the straight line, and some of those shapes still look right today.

By Verdad Gallardo | 2026-04-25 12:05:49


VIEW MORE
story-5
Flawlessly Restored Mercedes 190E Evo II Heads to Auction

Slideshow: The 190E Evolution II shows how a homologation necessity became a six-figure collector icon.

By Verdad Gallardo | 2026-04-22 17:53:47


VIEW MORE
story-6
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know

Slideshow: Mercedes is turning one of its core nameplates electric, and the details show just how serious this shift is.

By Verdad Gallardo | 2026-04-21 13:58:06


VIEW MORE
story-7
Mercedes EQS Gets A Major Update: Everything You Need to Know

Slideshow: Faster charging, longer range, and a controversial steer-by-wire system define the latest evolution of Mercedes-Benz EQS.

By Verdad Gallardo | 2026-04-15 10:35:34


VIEW MORE
story-8
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve

Slideshow: These overlooked Mercedes-Benz models never got the spotlight, but they quietly delivered more than most remember.

By Verdad Gallardo | 2026-04-13 19:35:45


VIEW MORE
story-9
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping

Slideshow: A well-used 1991 Mercedes-Benz 300D with more than one million miles is now looking for a new owner, and it still appears ready for more.

By Verdad Gallardo | 2026-04-10 10:05:15


VIEW MORE