E-Class (W211) 2003-2009

When is the best time to pick up a leftover 09 E350?

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 07-28-2009, 02:55 PM
  #76  
Member
 
Steven Long's Avatar
 
Join Date: Apr 2008
Location: suburban Philadelphia
Posts: 103
Likes: 0
Received 0 Likes on 0 Posts
03 S500V4, 02 E320W4, 06 C230 Sport 6 speed, 91 300CE, 89 300E, 95 C220
Originally Posted by richmondR
Service at selling dealership...
The salespeople at my local dealership have real issues with selling cars - it's almost impossible to buy a car from them, even when I walk in with a bank check. Well, I stopped doing that back in the early 1990's. I currently have 6 MB's under regular & semi-regular service at the same dealership. Everyone within the service department knows me, and does whatever they can for me ... because I keep going back.

My servicing dealership will give me a loaner for any service, but I often opt for breakfast or lunch on them at a local restaurant if it's a 2-3 hours repair or service (they will drive me, if requested). They will also pick up the car at my house or work, and return it there as well. If I drive the car in, they will drop me off at home, if I do not need a loaner car.

If you are concerned about the potential for a loaner car - just ask your SA. Remember that each dealership usually has a Service Manager, Sales Manager and General Manager. Service MGR answers to the Gen MGR as to revenue of service, while the Sales MGR answers to the Gen MGR as to revenue of sales. each, should want your business (er, uh, money).
Old 07-28-2009, 03:00 PM
  #77  
Member
 
Steven Long's Avatar
 
Join Date: Apr 2008
Location: suburban Philadelphia
Posts: 103
Likes: 0
Received 0 Likes on 0 Posts
03 S500V4, 02 E320W4, 06 C230 Sport 6 speed, 91 300CE, 89 300E, 95 C220
Originally Posted by trematix
Isnt the MB MF .00165? how did you get .00095? Also what was the deal you got and what state?
The state should have nothing to do with the MF rate (only sales tax) ... however, dealers make money off of the MF as well as CAP COST / sales price. It depends on how much $ the dealer wants to make. If they want to make more money (vs. just CAP COST or sale price), they make it up on MF, or on interest rate if financing through them.
Old 07-28-2009, 03:02 PM
  #78  
Newbie
 
trematix's Avatar
 
Join Date: Jul 2009
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
None
Originally Posted by Steven Long
The state should have nothing to do with the MF rate (only sales tax) ... however, dealers make money off of the MF as well as CAP COST / sales price. It depends on how much $ the dealer wants to make. If they want to make more money (vs. just CAP COST or sale price), they make it up on MF, or on interest rate if financing through them.

MB has a standard MF rate every month which i believe is .00165...anything above that is markup by the dealer. the only reason i ask which state is because lease prices differ from state to state due to supply and demand.
Old 07-29-2009, 12:03 AM
  #79  
Junior Member
 
richmondR's Avatar
 
Join Date: Jul 2009
Location: St. Paul, MN
Posts: 46
Likes: 0
Received 3 Likes on 3 Posts
2016 GLC 300; 2019 E53 Sedan
Thanks again for the advice about going to other dealers for service ... that does settle my mind quite a bit.

Unfortunately, the prices being quoted on the 4-Matics are quite a bit higher ($4-5000 or more) than the RWD versions, even cars similarly equipped. I think its a supply and demand thing, with many dealers having no 4-matic stock at all. Leann is living up to her reputation of being helpful, but the residual values are lower now than they seemed to be even 10 days ago. Combined with the higher cap costs for the 4-Matics, this seems to be equating to much higher lease payments in the range of $200 higher than posters were posting just ten days ago. For instance, today Leann quoted:

$44,275 cap cost (E350W4, Sport, P1, leather, elec. trunk closer)
36 months, 12K/ year
$5000 out of pocket
$719 + tax

Ugggh. No way.

I will stay positive and I have contacted a few more dealers that seem to have 4 matics in stock, but its a lot of work to find those.
Old 07-29-2009, 12:49 PM
  #80  
Junior Member
 
soccerg201's Avatar
 
Join Date: Jan 2007
Posts: 71
Likes: 0
Received 0 Likes on 0 Posts
GL550
Originally Posted by richmondR
Thanks again for the advice about going to other dealers for service ... that does settle my mind quite a bit.

Unfortunately, the prices being quoted on the 4-Matics are quite a bit higher ($4-5000 or more) than the RWD versions, even cars similarly equipped. I think its a supply and demand thing, with many dealers having no 4-matic stock at all. Leann is living up to her reputation of being helpful, but the residual values are lower now than they seemed to be even 10 days ago. Combined with the higher cap costs for the 4-Matics, this seems to be equating to much higher lease payments in the range of $200 higher than posters were posting just ten days ago. For instance, today Leann quoted:

$44,275 cap cost (E350W4, Sport, P1, leather, elec. trunk closer)
36 months, 12K/ year
$5000 out of pocket
$719 + tax

Ugggh. No way.

I will stay positive and I have contacted a few more dealers that seem to have 4 matics in stock, but its a lot of work to find those.

I was told that the 4 matics in the new E will not be out for a little while so that may have somthing to do with the low discounts. Yes that lease payment seems high. That is what my payment is on an 09 E550 ($69000 msrp) and I purchased it. Financed over 6 years at 4% interest. By the way, I live in the upper penninsula of michigan where we got a whole lot of snow and i do a whole lot of driving and mine is a rwd. A good set of snow tires will work wonders!
Old 07-29-2009, 02:12 PM
  #81  
Member
 
DrDrilZ's Avatar
 
Join Date: Feb 2005
Posts: 120
Received 3 Likes on 3 Posts
GT3, GTR, 570S
Originally Posted by soccerg201
I was told that the 4 matics in the new E will not be out for a little while so that may have somthing to do with the low discounts. Yes that lease payment seems high. That is what my payment is on an 09 E550 ($69000 msrp) and I purchased it. Financed over 6 years at 4% interest. By the way, I live in the upper penninsula of michigan where we got a whole lot of snow and i do a whole lot of driving and mine is a rwd. A good set of snow tires will work wonders!
to be fair, Im sure you put down more money than him.
Old 07-29-2009, 02:36 PM
  #82  
Junior Member
 
richmondR's Avatar
 
Join Date: Jul 2009
Location: St. Paul, MN
Posts: 46
Likes: 0
Received 3 Likes on 3 Posts
2016 GLC 300; 2019 E53 Sedan
More bad news ... according to at least one dealer, the MF is higher for the 4 Matics than the RWDs?

I'm coming to the conclusion that there never was anything near the deals mentioned by other posters for E350 4-matics, and that those rates very likely only applied to RWD models. I've got one or two dealer inquiries still open, but I'm basically letting this go until very early next month to see if the incentive situation has gotten any sweeter. Unlikely, but if you dont have hope, what do you have??

After I talk to Leann on Monday, I will report the news back to this board.
Old 07-29-2009, 02:48 PM
  #83  
Super Member
 
zitsky's Avatar
 
Join Date: Dec 2004
Location: Raleigh, NC
Posts: 594
Received 67 Likes on 53 Posts
2020 S560 4Matic
Does anyone know prices on 2008/09 wagons? I'd like to find an E550 wagon with 4Matic and dynamic/heated/ventilated seats. Was that still offered on the E550 or only on the E63? Was there an E63 wagon for those years?

The MBUSA website doesn't even show the wagon either in the build tool or find a vehicle tool. There seems to be no way to check inventory except to contact each dealer individually. I have two local Mercedes dealers here in Raleigh that I could play against each other.
Old 07-29-2009, 03:12 PM
  #84  
MBWorld Fanatic!
 
Kar don's Avatar
 
Join Date: Nov 2001
Location: GMT -8 hours
Posts: 5,640
Likes: 0
Received 11 Likes on 9 Posts
Mercedes-Benz
I think there was only an E350 wagon in the USA for 2009.
Old 07-29-2009, 03:12 PM
  #85  
Member
 
DrDrilZ's Avatar
 
Join Date: Feb 2005
Posts: 120
Received 3 Likes on 3 Posts
GT3, GTR, 570S
Originally Posted by zitsky
Does anyone know prices on 2008/09 wagons? I'd like to find an E550 wagon with 4Matic and dynamic/heated/ventilated seats. Was that still offered on the E550 or only on the E63? Was there an E63 wagon for those years?

The MBUSA website doesn't even show the wagon either in the build tool or find a vehicle tool. There seems to be no way to check inventory except to contact each dealer individually. I have two local Mercedes dealers here in Raleigh that I could play against each other.
no e550 wagon
Old 07-29-2009, 03:13 PM
  #86  
Senior Member
 
werewolf34's Avatar
 
Join Date: Jul 2009
Posts: 297
Likes: 0
Received 1 Like on 1 Post
2009 E350 Sport
Here's what I've seen

10K dealer money for 2009 e350 sedans
4k in 'hidden cash'
5-6k in market adjustment (i.e. no way to get full price when the new model is 6k less)

19-20k off if you break *****

Leases
45% residual - 3 yr /12k yr
Old 07-29-2009, 03:28 PM
  #87  
Junior Member
 
richmondR's Avatar
 
Join Date: Jul 2009
Location: St. Paul, MN
Posts: 46
Likes: 0
Received 3 Likes on 3 Posts
2016 GLC 300; 2019 E53 Sedan
Originally Posted by werewolf34
Here's what I've seen

10K dealer money for 2009 e350 sedans
4k in 'hidden cash'
5-6k in market adjustment (i.e. no way to get full price when the new model is 6k less)

19-20k off if you break *****

Leases
45% residual - 3 yr /12k yr

On 4Matics?
Old 07-29-2009, 03:48 PM
  #88  
Senior Member
 
werewolf34's Avatar
 
Join Date: Jul 2009
Posts: 297
Likes: 0
Received 1 Like on 1 Post
2009 E350 Sport
Originally Posted by richmondR
On 4Matics?
No, RWD basic sedans

4matics and wagons are low volume cars. You won't see real incentive programs b/c they won't push the sales needle much
Old 07-29-2009, 07:15 PM
  #89  
Junior Member
 
soccerg201's Avatar
 
Join Date: Jan 2007
Posts: 71
Likes: 0
Received 0 Likes on 0 Posts
GL550
Originally Posted by DrDrilZ
to be fair, Im sure you put down more money than him.
5 k trade in 2k down but i financed tax and fees
Old 07-30-2009, 11:44 AM
  #90  
Member
 
Steven Long's Avatar
 
Join Date: Apr 2008
Location: suburban Philadelphia
Posts: 103
Likes: 0
Received 0 Likes on 0 Posts
03 S500V4, 02 E320W4, 06 C230 Sport 6 speed, 91 300CE, 89 300E, 95 C220
Originally Posted by richmondR
More bad news ... according to at least one dealer, the MF is higher for the 4 Matics than the RWDs?
- That would not surprise me. As I had mentioned before, the MF is a matter of making more money on higher "interest" rates, or less money on lower rates.

Originally Posted by werewolf34
4matics and wagons are low volume cars. You won't see real incentive programs b/c they won't push the sales needle much
- Incorrect! The viability of a specific model or drivetrain is different, depending on what part of the country you are located within. In the snowbelt or Northeast, more people opt for 4Matics, and dealers typically stock more 4Matics. Incentives are incentives. Are you suggesting MB would not offer incentives on what you suggest is a slower moving sales item, because it doesn't sell as many units? The whole idea of inentives is to move units - period.
Old 07-30-2009, 12:39 PM
  #91  
Junior Member
 
soccerg201's Avatar
 
Join Date: Jan 2007
Posts: 71
Likes: 0
Received 0 Likes on 0 Posts
GL550
Well whatever the reason 4 matics are not being discounted like the rwd. My local dealer had and e350 4matic on their lot and i was able to get a e550 rwd that they had to trade to get for the same price.
Old 07-30-2009, 02:18 PM
  #92  
Senior Member
 
werewolf34's Avatar
 
Join Date: Jul 2009
Posts: 297
Likes: 0
Received 1 Like on 1 Post
2009 E350 Sport
Originally Posted by Steven Long
- That would not surprise me. As I had mentioned before, the MF is a matter of making more money on higher "interest" rates, or less money on lower rates.


- Incorrect! The viability of a specific model or drivetrain is different, depending on what part of the country you are located within. In the snowbelt or Northeast, more people opt for 4Matics, and dealers typically stock more 4Matics. Incentives are incentives. Are you suggesting MB would not offer incentives on what you suggest is a slower moving sales item, because it doesn't sell as many units? The whole idea of inentives is to move units - period.
Easy Stevie...The purpose of incentives is to move cars...but when you do that you are trading less revenue / profit for volume. If you cannot goose volume, then incentives are a bad idea (price elasticity).

Do you have sales numbers on 4matics vs rwd in the e-class? I don't but I would guess 4matics make up 5-10% of unit volume sales.
Old 07-31-2009, 05:00 AM
  #93  
Super Member
 
cracker123's Avatar
 
Join Date: May 2004
Posts: 829
Likes: 0
Received 0 Likes on 0 Posts
05 CLK 320
Received the E550 couple days back had 12 miles on it, from Leann. Will get pictures of E350 and E550 once the tinting is done on the E550. Leann tinted E350 for free but we have to get the E550 tinting done locally since she had to send the car over from another dealer.

Both cars are Black and cannot spot the exterior differences except the labels. E550 starts with a nice growl. Nice A/C Seats and the rear A/C controls. Also the E550 steering feels heavier and more BMW like than the E350.

Both cars look great, will get pictures here pretty soon.
Old 07-31-2009, 09:07 AM
  #94  
Junior Member
 
richmondR's Avatar
 
Join Date: Jul 2009
Location: St. Paul, MN
Posts: 46
Likes: 0
Received 3 Likes on 3 Posts
2016 GLC 300; 2019 E53 Sedan
Originally Posted by cracker123
Received the E550 couple days back had 12 miles on it, from Leann. Will get pictures of E350 and E550 once the tinting is done on the E550. Leann tinted E350 for free but we have to get the E550 tinting done locally since she had to send the car over from another dealer.

Both cars are Black and cannot spot the exterior differences except the labels. E550 starts with a nice growl. Nice A/C Seats and the rear A/C controls. Also the E550 steering feels heavier and more BMW like than the E350.

Both cars look great, will get pictures here pretty soon.
Congratulations. I saw in an earlier post that you ended up getting 21K off MSRP. I know about the $10,000 incentive, but any idea where the other discount is coming from? Did this include a fleet discount or anything like that? Thanks.
Old 07-31-2009, 01:58 PM
  #95  
Super Member
 
davezaristo's Avatar
 
Join Date: Jan 2003
Location: San Francisco, CA
Posts: 600
Received 7 Likes on 6 Posts
16 GLE400, 16 eGolf, 15 M3, 13 328i, 06 S430, 98 E320
The best deal i can get in the SF Bay Area right now is 17.5k off w/o the fleet pricing...i wish my company was on the list for the fleet pricing...
Old 07-31-2009, 04:03 PM
  #96  
Super Member
 
chokaay's Avatar
 
Join Date: Jan 2008
Location: Orange County, CA
Posts: 518
Likes: 0
Received 2 Likes on 2 Posts
E350
Originally Posted by sshu930
We have been waiting the past few months to find a good deal on a 09 E350. I'm in no rush so I don't mind waiting a few more months but I don't want to wait too long so there is no selection anymore. When would be the right time to buy?

If you're thinking about getting a 2009 E-Class, right now is a good time:

"Mercedes-Benz 2009 E-Classes HUGE DISCOUNTS: E350 for $35.5K, E550 for $51K, E63 AMG for $67K (YMMV depending on the dealer)"

Seems like lots of people are getting in on these deals, and many dealers are running out of stock, or has already run out of stock in the last couple weeks or so. (Most of the remaining stock seems to be on the west coast, according to posters in the thread.)
Old 08-01-2009, 03:42 PM
  #97  
Senior Member
 
weinschela's Avatar
 
Join Date: Jan 2002
Location: New York Area
Posts: 429
Likes: 0
Received 1 Like on 1 Post
'14 E350 wagon; BMW G12 (2020) G01 (2019)
I just bought an E350 wagon 2009 for between $15,000 and $16,000 off sticker. P2. They are scarce and I could not get it any lower,m but it was enough to make me say yes, as I expect to keep the car for a long time.
Old 08-01-2009, 08:14 PM
  #98  
Super Member
 
chokaay's Avatar
 
Join Date: Jan 2008
Location: Orange County, CA
Posts: 518
Likes: 0
Received 2 Likes on 2 Posts
E350
Originally Posted by weinschela
I just bought an E350 wagon 2009 for between $15,000 and $16,000 off sticker. P2. They are scarce and I could not get it any lower,m but it was enough to make me say yes, as I expect to keep the car for a long time.

Congrats on your new purchase! Hope you enjoy the vehicle!

And yeah in my area I think the E-Wagon is pretty rare too. In fact, I haven't seen a recent E-Wagon (2007-2009) ever in my life! And I rarely seen any old E-Wagons on the road either (the last time I remember being 3-4 months ago). Must not be that popular in CA...
Old 08-01-2009, 09:20 PM
  #99  
Newbie
 
trematix's Avatar
 
Join Date: Jul 2009
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
None
Just picked up my new 2009 E350 with p1 and sport package. It was the last one in the dealership and the color I wanted, artic white.

$530 Month which includes tax
only $700 out of pocket which was first month and registration.
Old 08-02-2009, 09:10 AM
  #100  
Super Member
 
cracker123's Avatar
 
Join Date: May 2004
Posts: 829
Likes: 0
Received 0 Likes on 0 Posts
05 CLK 320
Originally Posted by richmondR
Congratulations. I saw in an earlier post that you ended up getting 21K off MSRP. I know about the $10,000 incentive, but any idea where the other discount is coming from? Did this include a fleet discount or anything like that? Thanks.
Just call Leann @ 7725798008. Just a plain old discount. No fleet or nothing special. 21k off msrp is on the E550 only. She told me that they are running out of these cars now. MB has 12k off on the E550. Good luck with your car.


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

Quick Reply: When is the best time to pick up a leftover 09 E350?



All times are GMT -4. The time now is 02:17 PM.