E-Class (W211) 2003-2009

How much off MSRP should I expect to pay?

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Old Oct 22, 2007 | 12:32 PM
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How much off MSRP should I expect to pay?

I am seeing a wide range of % off MSRP that guys are getting on their selling price, anywhere from 5% to 15%, which seems unreal (the 15%). The MSRP on the car I put together online and with the dealer is $58,110, invoice of $54,000. $54,700 is where we are at now which is 7% off MSRP but after reading all the posts here, it seems I should hold out for even lower?

Is it possible to actually get the car at $52,000?

So if you guys could list your MSRP as well as selling price, I could get a good idea what to expect. The best I have seen on here is $62,000 MSRP and $52,000 selling price which seems unreal!? or does it?

The car I am looking to get is the E350 4matic, P01 w/AMG sport package.

Thanks.
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Old Oct 22, 2007 | 01:03 PM
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Hey...I didn't buy an E-class but just bought an 08 ML350 Edition 10 on saturday for under invoice, if an ML can be had under invoice, you can DEFINTELY get an 08 E-class for under invoice and eat into the holdback and/or possible incentives (haven't checked)...
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Old Oct 22, 2007 | 06:33 PM
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How much off MSRP should I expect to pay?

Check out Edmunds.com, go to the Incentives and Rebates page.

The site will tell you what MBUSA (and every other manufacturer) has available in terms of lease deals, rebates, or factory to dealer incentive, "trunk money" in Mercedes speak, on the model you want.

I always time my purchases to cooincide with an incentive on any car I buy; this site has saved me $$ thousands over the past decade.

I would expect that with the soft economy and plethora of E350 models dealers have in stock, there will some deals coming by end of the year.

Good luck, and let us know when you get it.
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Old Oct 22, 2007 | 06:37 PM
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Originally Posted by NCE500
Check out Edmunds.com, go to the Incentives and Rebates page.

The site will tell you what MBUSA (and every other manufacturer) has available in terms of lease deals, rebates, or factory to dealer incentive, "trunk money" in Mercedes speak, on the model you want.

I always time my purchases to cooincide with an incentive on any car I buy; this site has saved me $$ thousands over the past decade.

I would expect that with the soft economy and plethora of E350 models dealers have in stock, there will some deals coming by end of the year.

Good luck, and let us know when you get it.
Thanks for the info, I will look into it!
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Old Oct 22, 2007 | 07:00 PM
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I too have seen some unreal prices claimed on here (below holdback and everything). But when paperwork scans or similar is requested a lot of that info never shows up or gets posted. Even after some people promise to do so after they deleted their info, the cars VIN, etc. But I'm an optimist; I can wait.
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Old Oct 23, 2007 | 05:40 AM
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E350 Prices

I just picked up my new E350/4, P2, wood wheel and upgraded paint. When I ordered the car two months ago, I got the deal at the invoice price of $55,097. Initially the dealer wanted $700 over invoice. After showing him two quotes from other dealers, at the invoice price, he folded. $700 above invoice is a common opening quote but you can do better. As far as the guy who bought a $62K car for $52K, I don't believe that deal for a second.

Good luck
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Old Oct 23, 2007 | 06:12 AM
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Got approx $1500 below invocie on an 08 E550.
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Old Oct 23, 2007 | 11:28 AM
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Originally Posted by SteveBC16
I just picked up my new E350/4, P2, wood wheel and upgraded paint. When I ordered the car two months ago, I got the deal at the invoice price of $55,097. Initially the dealer wanted $700 over invoice. After showing him two quotes from other dealers, at the invoice price, he folded. $700 above invoice is a common opening quote but you can do better. As far as the guy who bought a $62K car for $52K, I don't believe that deal for a second.

Good luck

Believe it, the E's can be easily had for under invoice, getting invoice is the bare minimum discount I'd want on an 08 E-class. I bought my 08 ML350 Edition 10 (which is a limited 1000 unit production) for under invoice.
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Old Oct 23, 2007 | 11:55 AM
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I know most dealers will not go in to the back end. Also, I know you guys are forking over a substantial amount of money for your vehciles, but dont forget about the salesmen...if you buy a car at invoice or under, the sales person doesnt make any money.
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Old Oct 23, 2007 | 12:21 PM
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Originally Posted by Blk04cobra1
I know most dealers will not go in to the back end. Also, I know you guys are forking over a substantial amount of money for your vehciles, but dont forget about the salesmen...if you buy a car at invoice or under, the sales person doesnt make any money.
The Salesmen get bonused on the number of units they sell also ...so if he's close to the next higher commission threshold, it would pay for him to sell one to you at invoice just to make the next higher Commission level.
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Old Oct 23, 2007 | 01:00 PM
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Originally Posted by blazinginder
Believe it, the E's can be easily had for under invoice, getting invoice is the bare minimum discount I'd want on an 08 E-class. I bought my 08 ML350 Edition 10 (which is a limited 1000 unit production) for under invoice.
But those numbers are way below invoice - calculate it for yourself. Would be interesting to see a scan of that deal.
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Old Oct 23, 2007 | 01:29 PM
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Originally Posted by Blk04cobra1
I know most dealers will not go in to the back end. Also, I know you guys are forking over a substantial amount of money for your vehciles, but dont forget about the salesmen...if you buy a car at invoice or under, the sales person doesnt make any money.
How much does the typical salesman make on a deal? Not the dealer/owner but the actual sales man? I always wondered that, I would take care of the salesman myself if I knew he wasn't going to make any money or very little.
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Old Oct 23, 2007 | 01:53 PM
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Thats untrue.

I paid $1500 below invoice on my 08 E550. I know both the team lead and his sales associate made money on the deal.

Originally Posted by Blk04cobra1
I know most dealers will not go in to the back end. Also, I know you guys are forking over a substantial amount of money for your vehciles, but dont forget about the salesmen...if you buy a car at invoice or under, the sales person doesnt make any money.
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Old Oct 23, 2007 | 02:37 PM
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Originally Posted by Vik888
Thats untrue.

I paid $1500 below invoice on my 08 E550. I know both the team lead and his sales associate made money on the deal.
I guess I should clarify...it's only true if the sales people are privy to the back end...also, most sales people get paid on % of gross, if they didnt gross anything, then they basically get paid nothing (you're right, they get paid, but very little).
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Old Oct 23, 2007 | 02:38 PM
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Originally Posted by DieselNY
How much does the typical salesman make on a deal? Not the dealer/owner but the actual sales man? I always wondered that, I would take care of the salesman myself if I knew he wasn't going to make any money or very little.
Without going in to detail, it really just depends on gross. It's done differently through out each dealership, but most get paid on a % of their gross.
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Old Oct 23, 2007 | 02:45 PM
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Originally Posted by DieselNY
How much does the typical salesman make on a deal? Not the dealer/owner but the actual sales man? I always wondered that, I would take care of the salesman myself if I knew he wasn't going to make any money or very little.
Salesmen make $200 a car
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Old Oct 23, 2007 | 02:50 PM
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Originally Posted by amdeutsch
But those numbers are way below invoice - calculate it for yourself. Would be interesting to see a scan of that deal.
I hear you, If I was offered about $3k under invoice on an 08 ML350 Edition 10 (a deal which I passed on) I'm sure E-classes can be had for less, not saying that the 10k discount (without any MVP #s etc) is possible but I wouldn't doubt it if someone actually got a deal like that if not similar
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Old Oct 23, 2007 | 03:18 PM
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I think $52k-$53k will probably be the magic number here with $1,500-$2,500 under invoice. I am a little under $54,000 right now at an MSRP of almost $59,000. Will see what happens when I go there on Wednesday. If you guys think that is realistic let me know, I want to make sure I am not asking for something that truly can't be done by the salesman.
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Old Oct 23, 2007 | 08:06 PM
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Originally Posted by Vik888
Thats untrue.

I paid $1500 below invoice on my 08 E550. I know both the team lead and his sales associate made money on the deal.



Here is what you claimed, link, in another thread.
Warranty discount does not count. We're still waiting on a scan of that deal.
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Old Oct 23, 2007 | 08:33 PM
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Originally Posted by amdeutsch


Here is what you claimed, link, in another thread.
Warranty discount does not count. We're still waiting on a scan of that deal.

^ he does raise a good point...?
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Old Oct 24, 2007 | 06:07 AM
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Ok, well, if warranty discount doesn't count, then I got $795 below invoice. Now if I owned a scanner, life would be easier.

To me, I added the ext warranty MSRP to the cost of the car because it too has a MSRP and invoice price, just like the accessories/options.

I also got a discount on the V3 RAZR cradle.
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Old Oct 24, 2007 | 11:04 PM
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Re: 08 Price

Vic,

Your $1500 below invoice claim on an 08 E550 is sounding a little shakey. Once you start throwing in unrelated warranty prices, phone cards, etc., thinngs quickly become foggy and vague.

I don't believe $1500 below invoice on an 08 E550 is realistic now given supply constraints and lack of incentive from MBUSA UNLESS you got some type of employee promotion etc. If that is the case, others should not expect to get the same price you did.

I don't mean to pry as to what you paid, but making such claims here without backing them up does have material impact on others wanting to buy a car and their expectations as to what they should pay.
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Old Oct 25, 2007 | 01:34 AM
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If someone is in SoCal, and serious about buying a car, they are welcome to (and people already have) PM'd me and I've told them where they can buy an 08 E550 for $1500 below invoice.

It was offered to me AFTER I agreed to $500 below invoice with the dealership where I bought my car. So I told my current dealer that I'd back out unless he generated another $1k in REAL savings to me and he did just that. The dealer that offered me $1500 below invoice wanted a lot more for the ext warranty.

I got $195 off the car itself (on top of $500 below invoice), and he knocked $1k off the ext warranty, which was really not $1k but a little less because I used the $4120 MSRP on the MBUSA site as the base not what the dealership was selling it at (over $4120 MSRP).

So if anyone wants a real source and is serious about buying the car as in if you could get it for $1500 below you'd 100% buy it, PM me and I'll arrange it. Simple as that.

So I took invoice on car + invoice on options + invoice on warranty = invoice total - $1500 = close to what I paid .. plus minus a few bux.

This is the first new car I've bought ... EVER ... so thats what I assume invoice price meant. If you take away the warranty, then I got $695 below invoice on the car w/ options.

But to me, I got my $1500 in real savings/discounts on the car the way I wanted it from the beginning. I wasn't talked into buying the ext warranty, etc. I also got a healthy discount on the V3 RAZR cradle .. I think I paid $275 for it while most dealerships I called wanted $400+ or something for it (not included in the pricing above)

The funniest thing is I got the deal from the one dealership that everyone told me wouldn't give me a deal. Maybe it was my willingness to walk away and cancel my order even on the day of delivery and the salesman knew it. I had driven my previous car for many years and waiting another 3 months to order it from another dealership would have been no problem for me.

So long story short .. if I had gone w/ the dealership that offered me $1.5k below invoice, I would have paid even more because his ext warranty was inflated to the moon.

I also should point out there is some serious competition in the SoCal area. There are FIVE MB dealerships within 20-25 mins of me .. Buena Park, Long Beach, South Bay, Newport Beach, Anaheim. One knew of my order with the other and offered me $1500 below. So why can't someone else pull the same deal I did? I'm not some heavy volume MB buyer that the dealer gave me a deal knowing I'd pick up 3 more cars next year or anything.

I'm not trying to mislead anyone, nor am I here to tell someone in New York, or San Fran, or Vegas that they can get the same deal. I'm talking about my area. Thats it. Thats all I reported on and my location is clearly visible in my posts. If you're in my area, PM me. I've already given the info other people via PM and neither has come back to me and told me they couldn't score the same deal.

Vik

Originally Posted by NCE500
Vic,

Your $1500 below invoice claim on an 08 E550 is sounding a little shakey. Once you start throwing in unrelated warranty prices, phone cards, etc., thinngs quickly become foggy and vague.

I don't believe $1500 below invoice on an 08 E550 is realistic now given supply constraints and lack of incentive from MBUSA UNLESS you got some type of employee promotion etc. If that is the case, others should not expect to get the same price you did.

I don't mean to pry as to what you paid, but making such claims here without backing them up does have material impact on others wanting to buy a car and their expectations as to what they should pay.
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Old Oct 25, 2007 | 01:37 AM
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One more thing, the ext warranty is on the same invoice as the car .. so thats my assumption for including in my invoice price.
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Old Oct 25, 2007 | 06:24 AM
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Originally Posted by Vik888
One more thing, the ext warranty is on the same invoice as the car .. so thats my assumption for including in my invoice price.

The issue everyone is making that people are asking about pricing on the car. If you get something extra on add-ons you need to specify that and not just simply lump it in and state it the way you do. That is misleading and is worthy of salemonkeys and not of members trying to help other members. Keep in mind that not everyone is getting add-ons next time you post your statement.
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