E-Class pricing
Super Member
Joined: Jan 2002
Posts: 629
Likes: 2
From: West Chester, PA
All of the above
$500-$1000 off sounds right
I sell MB in PA. Pretty high volume dealership. We are discounting the W211 cars about $500 (when pushed for it), maybe a couple hundred more on the E500. These cars are in high demand (most coming in are pre-ordered), allthough we now have a few (320s and 500s) in inventory that are available. After the beginning of the year when dealerships have dozens in stock there will probably be a little more room for negotiations.
Super Member
Joined: Aug 2002
Posts: 924
Likes: 0
From: Northern VA
2003 MB E500
Re: $500-$1000 off sounds right
Originally posted by CME4BENZ
I sell MB in PA. Pretty high volume dealership. We are discounting the W211 cars about $500 (when pushed for it), maybe a couple hundred more on the E500. These cars are in high demand (most coming in are pre-ordered), allthough we now have a few (320s and 500s) in inventory that are available. After the beginning of the year when dealerships have dozens in stock there will probably be a little more room for negotiations.
I sell MB in PA. Pretty high volume dealership. We are discounting the W211 cars about $500 (when pushed for it), maybe a couple hundred more on the E500. These cars are in high demand (most coming in are pre-ordered), allthough we now have a few (320s and 500s) in inventory that are available. After the beginning of the year when dealerships have dozens in stock there will probably be a little more room for negotiations.
MBWorld Fanatic!
Joined: Jul 2002
Posts: 5,110
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From: SoCal
MB
good question, i doubt they will give ppl the same deal because people ordered thier cars w/ the intention of getting it, so i doubt they will get a good sicount comapring to someone who just walks into the dealer
Super Member
Joined: Jan 2002
Posts: 629
Likes: 2
From: West Chester, PA
All of the above
Actually people that have ordered cars are (for the most part) past customers and they deserve whatever discount we can give as a courtesy. I am delivering an E500 at he end of the month that was ordered in August. He is getting $600 off.
Of course we are in a free market economy and discounts are going to vary from one dealership/salesperson to another. As a salesperson I value my regular/repeat customers more than the "walk in' or internet/phone shopper that I am less likely to see again or get referrals from in the future.
Actually I think the opposite is true right now. If someone gave me a deposit a couple of months ago he deserves whatever discount I can give him. If someone walks in and wants to buy one of only 2 E500s that are on the lot he is likely to pay a little more because he is getting a car which is very rare and he can have it now. We all pay a few pennies more when we buy something at a "convenience" store that is a block from the house rather than save a few cents by getting in our car and driving to Cosco for the same quart of milk. Right?
Availability, convenience and supply vs. demand.
Of course we are in a free market economy and discounts are going to vary from one dealership/salesperson to another. As a salesperson I value my regular/repeat customers more than the "walk in' or internet/phone shopper that I am less likely to see again or get referrals from in the future.
good question, i doubt they will give ppl the same deal because people ordered thier cars w/ the intention of getting it, so i doubt they will get a good sicount comapring to someone who just walks into the dealer
Availability, convenience and supply vs. demand.
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Super Member
Joined: Sep 2002
Posts: 636
Likes: 0
From: New Jersey, USA
W211 & Q7
Super Member
Joined: Sep 2002
Posts: 636
Likes: 0
From: New Jersey, USA
W211 & Q7
MB hidden rebates
information is from mbspies
http://www.imakenews.com/autospies/e...e000103422.cfm
for 2002 E models
E320 (excl. Wagon, Special Ed.) $2,000
E320 Special Ed. $1,000
E430 $3,500
so the profit of selling a new E (W211) is
invoice + 7% = msrp
5% holdback (see my previous post in this thread)
$2000 to $3500+ rebate from mbusa
for a average price of loaded E500
$60000 * 12% = $7200
$7200 + rebate > 10K
for a average price of loaded E320
$55000 * 12% = $6600
$6600 + $2000 = $8600
I think dealer should give us a discount when we buy a new E. (msrp is not right)
http://www.imakenews.com/autospies/e...e000103422.cfm
for 2002 E models
E320 (excl. Wagon, Special Ed.) $2,000
E320 Special Ed. $1,000
E430 $3,500
so the profit of selling a new E (W211) is
invoice + 7% = msrp
5% holdback (see my previous post in this thread)
$2000 to $3500+ rebate from mbusa
for a average price of loaded E500
$60000 * 12% = $7200
$7200 + rebate > 10K
for a average price of loaded E320
$55000 * 12% = $6600
$6600 + $2000 = $8600
I think dealer should give us a discount when we buy a new E. (msrp is not right)
Super Member
Joined: Sep 2002
Posts: 636
Likes: 0
From: New Jersey, USA
W211 & Q7
too bad for buyers and too good for dealers
my topic is "dealer rebate " not "buyer rebate "
(only dealers are quailified to get the money back from mbusa -- I haven't ever heard MB offers rebate for buyers)
the info is based on 2002 but there should be something similar rebate program for mb dealers in 2003.
(only dealers are quailified to get the money back from mbusa -- I haven't ever heard MB offers rebate for buyers)
the info is based on 2002 but there should be something similar rebate program for mb dealers in 2003.
Super Member
Joined: Jan 2002
Posts: 629
Likes: 2
From: West Chester, PA
All of the above
clarification
Hi Otto,
there is "cash back" on '02 e classes ($2,000 on 320s / $3,500 on 430s) the money comes to the dealer. It is up to the dealership, the sales person and the buyers negotiating to get this savings passed on to the buyer. Through MBworld you are an informed consumer and can negotiate the savings.
There is no money back on '03 E class.
there is "cash back" on '02 e classes ($2,000 on 320s / $3,500 on 430s) the money comes to the dealer. It is up to the dealership, the sales person and the buyers negotiating to get this savings passed on to the buyer. Through MBworld you are an informed consumer and can negotiate the savings.
There is no money back on '03 E class.
Super Member
Joined: Sep 2002
Posts: 636
Likes: 0
From: New Jersey, USA
W211 & Q7
thank CME4BENZ for clarification
but I don't think there are a lot of 2002 MB car buyers know this "promotion". as you said, it is up to dealers to pass the savings to buyers. by the way, without autospies info, i don't see there is an informed consumer.
but I don't think there are a lot of 2002 MB car buyers know this "promotion". as you said, it is up to dealers to pass the savings to buyers. by the way, without autospies info, i don't see there is an informed consumer.
Newbie
Joined: Oct 2002
Posts: 5
Likes: 0
If it is of any interest to you, I got a quote from one MB retailer for a $51,900 list price E320 (I'm looking to take on the new E when my 5 series expires because the new 5 is so ugly !!) for $696 per month for a 3yr, 10K mi/yr, $1K down lease. Included is the NYC 8.25% tax. Excluding the taxes the price comes out to be $642 per month. If you have a lease calculator, you can back into it for what residual/money factor combo gets that price.
I think it's a pretty good price, but I have just begun looking. If you live in California, this place, www.theleaseoutlet.com, seems to offer pretty good deals too. I've heard the 67% residual and .00314 money factor as buy rates mentioned by other sources as well.
Let me know what lease you come across, if you can. Thanks!
I think it's a pretty good price, but I have just begun looking. If you live in California, this place, www.theleaseoutlet.com, seems to offer pretty good deals too. I've heard the 67% residual and .00314 money factor as buy rates mentioned by other sources as well.
Let me know what lease you come across, if you can. Thanks!
