New E discounts.
Thread Starter
Member
Joined: Oct 2002
Posts: 113
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From: Northern California
E 320
New E discounts.
1250 discount over MSRP. In California. Multiple dealers offer this.
But have to show patience. It seems as time passes they are ready to deal more. Keep posting if better discount available.
(3000 hold back + invoice plus 3250 = MSRP making it $ 6250 Dealer profit on base 2003 E 320 if purchased at MRSP.
But have to show patience. It seems as time passes they are ready to deal more. Keep posting if better discount available.
(3000 hold back + invoice plus 3250 = MSRP making it $ 6250 Dealer profit on base 2003 E 320 if purchased at MRSP.
MBWorld Fanatic!
Joined: Oct 2002
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From: Washington State
E-500
discount & Dealer profit
Did you mean that the California Dealers are offering $1250. below MSRP?
I understand that the dealer gets 7% off MSRP and also a 5% hidden holdback which in effect gives dealer 12% profit.
Every dealer I have talked to says there is only the 7% to work with. I suppose the salesmen are not aware of the additional 5% but I doubt it.
Somewhere on this board someone posted the numbers and site address of autospy with the information.
I understand that the dealer gets 7% off MSRP and also a 5% hidden holdback which in effect gives dealer 12% profit.
Every dealer I have talked to says there is only the 7% to work with. I suppose the salesmen are not aware of the additional 5% but I doubt it.
Somewhere on this board someone posted the numbers and site address of autospy with the information.
Member
Joined: Oct 2002
Posts: 113
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From: Milwaukee, WI
1992 Ford Taurus with 13" rims
I haven't heard of anyone doing that kind of deal on 03' E's. Please post who's doing this...or email me if you don't mind.
Also, in regards to what mercedes gives dealers, there's a couple of things to remember.
First, the holdback isn't a set price. They can get "up to" 5% back. However, how much they get back is dependent on their CSI rating.
Second, most dealer general managers (in most cases the only guys you can mention the holdback to, and not be looked at like "what the hell are you talking about? what's a 5% holdback?") consider the holdback "sacred" and refuse discount cars using that number. This makes even more sense since, they really don't know how much holdback money they'll see.
Also, in regards to what mercedes gives dealers, there's a couple of things to remember.
First, the holdback isn't a set price. They can get "up to" 5% back. However, how much they get back is dependent on their CSI rating.
Second, most dealer general managers (in most cases the only guys you can mention the holdback to, and not be looked at like "what the hell are you talking about? what's a 5% holdback?") consider the holdback "sacred" and refuse discount cars using that number. This makes even more sense since, they really don't know how much holdback money they'll see.
Thread Starter
Member
Joined: Oct 2002
Posts: 113
Likes: 0
From: Northern California
E 320
Personal experience.
I am interested in ordering 2003 E 320 and hence was talking to 2 dealers. When went in person they refuse to lower more than $500 it seemed. (did not haggle) I did test drive though.
Later I contacted internet dealer managers (I guess) and have been offered $1250 discount off MSRP so far.
Have not ordered yet.
I learnt about hold back and invoice etc. all numbers on edmunds townhall and this forum. Thanks to all for posting the useful info.
Later I contacted internet dealer managers (I guess) and have been offered $1250 discount off MSRP so far.
Have not ordered yet.
I learnt about hold back and invoice etc. all numbers on edmunds townhall and this forum. Thanks to all for posting the useful info.
Super Member
Joined: Sep 2002
Posts: 917
Likes: 86
Re: Personal experience.
Originally posted by IQguy
I am interested in ordering 2003 E 320 and hence was talking to 2 dealers. When went in person they refuse to lower more than $500 it seemed. (did not haggle) I did test drive though.
Later I contacted internet dealer managers (I guess) and have been offered $1250 discount off MSRP so far.
Have not ordered yet.
I learnt about hold back and invoice etc. all numbers on edmunds townhall and this forum. Thanks to all for posting the useful info.
I am interested in ordering 2003 E 320 and hence was talking to 2 dealers. When went in person they refuse to lower more than $500 it seemed. (did not haggle) I did test drive though.
Later I contacted internet dealer managers (I guess) and have been offered $1250 discount off MSRP so far.
Have not ordered yet.
I learnt about hold back and invoice etc. all numbers on edmunds townhall and this forum. Thanks to all for posting the useful info.
Super Member
Joined: Sep 2002
Posts: 819
Likes: 0
2004 E500
Re: New E discounts.
Originally posted by IQguy
1250 discount over MSRP.
1250 discount over MSRP.
Trending Topics
MBWorld Fanatic!
Joined: Feb 2002
Posts: 1,080
Likes: 4
From: San Diego, CA
C32 AMG
If you deal with an internet manager or salesperson through e-mail, their word is written and therefore they can't go back on it. Take your best offer to another dealer and tell them to beat it and you'll gladly buy from them.
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Thread Starter
Member
Joined: Oct 2002
Posts: 113
Likes: 0
From: Northern California
E 320
Yup.
I communicated only by e mail. So have it in writing : 1250 off MSRP. (I dislike the phone communication as it ends up as them wanting you to visit the dealership where they will see what they can do...too uncomforting to haggle)
MBWorld Fanatic!
Joined: Oct 2002
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From: Washington State
E-500
Confront the guy with the email quote. Be interesting to hear how he explains that it is not valid.
It may be best to check nearby cities (by email) to see what dealers there will do. Tell them you have the quote and what can they do.
Good luck.
It may be best to check nearby cities (by email) to see what dealers there will do. Tell them you have the quote and what can they do.
Good luck.
Almost a Member!
Joined: Oct 2002
Posts: 53
Likes: 0
From: New Jersey
2003 E320 Obs Black/Ash
Discount in North/Central NJ Dealerships
I was getting approx $1000 off an E320 at both the Bridgewater MB and Princeton MB dealerships in NJ - and I went in person. I was getting a $500 discount + 6CD changer for free (approx $400) + waving the $150 registration fee. I have not ordered as yet and plan to within a couple of weeks (once my wife and I haggle over the colors/options that we want) - but don't let these guys make you pay MSRP for any cars ordered from now on - especially in the NYC Metro area where we are crowded with MB dealerships.
Thread Starter
Member
Joined: Oct 2002
Posts: 113
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From: Northern California
E 320
2100 off MSRP at Fremont Dealership
We have learnt in this forum that people have obtained quotes fo up to $2100 off MSRP on new E (320/500). This forum sure is to save many of us some money by distribution of knowledge.
We have learnt in this forum that people have obtained quotes fo up to $2100 off MSRP on new E (320/500). This forum sure is to save many of us some money by distribution of knowledge.
Super Member
Joined: Aug 2002
Posts: 924
Likes: 0
From: Northern VA
2003 MB E500
Originally posted by IQguy
2100 off MSRP at Fremont Dealership
We have learnt in this forum that people have obtained quotes fo up to $2100 off MSRP on new E (320/500). This forum sure is to save many of us some money by distribution of knowledge.
2100 off MSRP at Fremont Dealership
We have learnt in this forum that people have obtained quotes fo up to $2100 off MSRP on new E (320/500). This forum sure is to save many of us some money by distribution of knowledge.
Super Member
Joined: Sep 2002
Posts: 819
Likes: 0
2004 E500
The same (isolated dealership) is true here in Cincinnati, but I have every intention of "bargaining" once the car arrives. You know, " Do I really want this car with these options, or do I want to do something else?" routine to see what that gets me since my car has already been ordered.
I'm sure if the market is softer then that they'll be willing to budge some.
I'm sure if the market is softer then that they'll be willing to budge some.
MBWorld Fanatic!
Joined: Oct 2002
Posts: 3,690
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From: Washington State
E-500
That tells the whole story....Ray has to pay full sticker price and the dealer sticks to him on delivery.
Still can't understand how they can tell you they have the car when they have not even received it yet.
That is the epitomy of poor service and bad customer attitude!!
Ed
Super Member
Joined: Aug 2002
Posts: 924
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From: Northern VA
2003 MB E500
Originally posted by MadManAboutTown
Can't agree more, Ed. If I were Ray, I would stick it back to 'em by demanding some price concession!
And if they don't give in, we should throw the sales guy in this pot!
Can't agree more, Ed. If I were Ray, I would stick it back to 'em by demanding some price concession!
And if they don't give in, we should throw the sales guy in this pot!
Thread Starter
Member
Joined: Oct 2002
Posts: 113
Likes: 0
From: Northern California
E 320
Read on this forum 2 people with purchases with good deals.
1. ashahashah bought in NJ for $1500 off MSRP.
2. abhansali bought in Fremont, CA for $2100 off MSRP.
Spies post up to $2500 off MSRP possible which seems almost real. Assuming that if we (the potential buyers) wait 60 days there may be more discounts closer to invoice rather than MSRP.
1. ashahashah bought in NJ for $1500 off MSRP.
2. abhansali bought in Fremont, CA for $2100 off MSRP.
Spies post up to $2500 off MSRP possible which seems almost real. Assuming that if we (the potential buyers) wait 60 days there may be more discounts closer to invoice rather than MSRP.
MBWorld Fanatic!
Joined: Nov 2001
Posts: 2,065
Likes: 1
From: Florida
2002 CLK 55 AMG Coupe ;)
a word of CAUTION
Be careful with discounts when you trade, because the value of your trade-in might decrease in direct proportion to the discount on the new car, -- or even more!
Be careful with discounts when you trade, because the value of your trade-in might decrease in direct proportion to the discount on the new car, -- or even more!
MBWorld Fanatic!
Joined: Oct 2002
Posts: 6,753
Likes: 3
From: South Orange Co., CA
'03 W211 aka E-500
LOL
MMAT, you sure don't have any shortage of thos great, on-topic animated .gifs, do ya? I've dug everyone I've seen (two so far). Thanks for taking the time to put them in your post, they give me a little chuckle, lol.
EDJ
EDJ
Originally posted by MadManAboutTown
Can't agree more, Ed. If I were Ray, I would stick it back to 'em by demanding some price concession!
And if they don't give in, we should throw the sales guy in this pot!
Can't agree more, Ed. If I were Ray, I would stick it back to 'em by demanding some price concession!
And if they don't give in, we should throw the sales guy in this pot!
Super Member
Joined: Sep 2002
Posts: 819
Likes: 0
2004 E500
Hey EDJ, just trying to liven up these threads.. but yup, I have access to a site full of them so I try to use them to get a point across every now and then 
So here's me giving myself a round of applause for using them:
So here's me giving myself a round of applause for using them:
