C63sMeMaybe

Hi all! I have been Thinking about getting a c63s sedan as a new daily.

I found one well optioned ~$91K MSRP, with the dealer offering a ~10% discount +2 yrs maint.

Does anyone have any insight into the current state of business and discounting? If so, is this a good deal?

This will be my first AMG and want to make sure I am not missing anything, especially when combining COVID and this sitting on lot for a few months.

Grigor

As far as sales go it’s actually going really well(per my friends and family in car sales) People are asking for the “Covid discount” thinking they can steal cars but that isn’t the case at all.

Sounds like a good deal but always shop around and get some numbers before you commit. Just my two cents....

NYCSoiL

No steal deals anymore, high demand and low supply. Factories were shuts down for a while, dealers are not getting cars at the moment.

C63sMeMaybe

Thanks for the replies! I had actually heard this from the dealer and it is good to hear this sentiment reflected by you all. 10% sounds like a decent amount considering all other factors. I'll have to think about it!

tobeit

comes down if you really want that car or not...and if you want a new car or not.

I bought mine in an unplanned, emotional moment w/o much research. Negotiated some and then decided to buy it because I wanted it and never looked back. On a grand scheme of things does it really matter if you can get another 1 or 2% negotiated? If you love it and dreamed of it and can afford it - go for it. If you have doubts - don’t.

chassis

Agree that supply is limited for vehicles in general, and demand remains strong. This keeps prices up.

My local MB dealer said sales are good.
My local BMW dealer has no used vehicles on their lot, normally they have 5-10 units for sale.
I see temporary license tags in my area frequently.

I conclude that vehicle sales are "strong", all things considered. Those of us, including myself, hoping for a crash in prices for high performance German vehicles likely won't see that happen.

C63sMeMaybe

Unless you want an RS5 Sportback I am sure, lol :P

raudiace4

The deals are in financing, but yeah the cars prices aren't discounted much bc of supply/demand. MB financial was doing 0% for 36 months in June, free monies. I think 60 months was like 2.6%. Good time to buy if you're in the market.

jherm

I'd echo what the others have said. In talking with a couple of friends in the industry over the last few weeks they both said sales volume is higher than ever. One does paint reconditioning and ceramic applications for new/used inventory at exotic and high end dealers. He said his dealers are nearly doubling their usual monthly volume. Another friend does the inventory management and photography for nearly all Atlanta dealerships and said he's also seeing marked increase in sales. And then I was at my MB dealer and sales guy there also said they're doing the most cars per month since he started there 7 years ago.

Klinh

If you want the best interest rate, wait until the end of the year Mercedes offer @ 1.9%.

E55 KEV

Some talk here about car sales being up from personal views, a dealer here, a dealer there, my friend told me, I see this, I heard, but news outlets says everything is down.

New Car Sales Fall For Second Consecutive Quarter in U.S.:

https://www.msn.com/en-us/autos/news...mMu?li=BBnb7Kz

Car Sales Plunge 33% in 2nd Quarter Despite Deals:

https://www.wsj.com/articles/car-sal...us-11593621053

US car sales just had their worst quarter since the Great Recession:

https://keyt.com/lifestyle/money-and...eat-recession/

superswiss

Car sales as a whole are definitely down, but if you dig into the details, the folks who buy luxury cars are less likely to be economically affected by the current crisis and don't necessarily delay a new purchase, especially those whose leases are up. Where it's tanking is at the lower echelons of the market. Lots of those people can't even make rent at the moment and are soon facing eviction. There's a huge disparity in terms of who is getting hit hard by the lockdowns etc. I'm sure many of us here are just working from home and other than not being able to go and do what we want, the pandemic hasn't really hit us. Frankly, my expenses are significantly down on a month-to-month basis, because there is nowhere to spend the money. I've even received significant refunds for cancelled events and just had to request a credit balance refund for one of my credit cards. Not everybody is this lucky in the current situation. I'm sure there are deals to be had on Toyota Camry's and the likes, but don't expect the luxury market to be affected much.

E55 KEV

Since this thread is about Mercedes there is no real data or verifiable information posted about Mercedes doing well or better sales wise as some have eluded to.

I have personal observation also because I'm in the market for a C63 Cabrio - Mercedes of Fredericksburg (VA) has 3 C63 Convertibles. During shutdown they were all posted on their website and autotrader.com with $9k off MSRP. None of them sold and now the discount is no longer posted. I've watched those 3 since before COVID.

tobeit

have you heard of internet 😂...can spend all your money and then some without ever leaving your home. Heck, I ordered all my mods while sitting at home. From my experience I spent more being home as I have more time finding stuff to buy.

superswiss

LOL...I have. Believe it or not, it existed before the pandemic . I'm sure there's plenty of ***** I don't need nor want I could buy if I just wanted to spend my money.

superswiss

I suppose globally the market is not looking good. Daimler AG is not doing well, neither is VW nor BMW.

https://www.autonews.com/automakers-...-restructuring

This reminds me. I was on the Mercedes-Benz Germany website and noticed that the entire C Class Coupe has disappeared from the Configurator.

https://www.mercedes-benz.de/passeng...&view=BODYTYPE

Not sure if this is a mistake, or if this spells the disappearance of the coupe altogether or at least for now.

mstraka

The week that most the government CV-19 stimulus checks were recieved was a busy time at my local BMW dealer. I went with my friend to pick up her serviced BMW. The car show room was standing room only as the newly recieved government checks were being used for down payments on new cars.

elitex

BMW is down about 40% because of COVID, I am sure MB is similar. I think dealers are spewing the same bs that they always do regarding demand.

elitex

I partially agree with you that Covid probably didn’t affect the luxury car buyers. Time will tell, we all know stock market is artificially inflated and it doesn’t reflect the economy. Now, people with money get spooked easily and stop spending money and start playing the wait and see game.