From M to AMG

WEll, I was off to MB to see if I can strike a deal. 6 hours later, I'm driving off in a Wht/Blk, Pano, Full LED, $69,950 with Additional options. Paid $59k financed. 2k down, $1287 per month.

So, I'm talking to a friend and he says I paid too much that many Merc dealers are trying to offload inventory. He says there will be an imminent crash and a glut of Leased vehicles will be returned and residuals will be so very low. Too many cars in the market right now, especially Merc's...?

So, know I'm scratching my head thinking that the Great deal I thought I made wasn't that great....?

JediJD

Pretty car. As long as the deal is good for you, its a good deal. Unless the buddy called $28/bbl oil and the housing crash (that would be before not after)
...I'd take his prognostications with a grain of salt. He may be right...may not. Somebody is always going to make a better deal, but somebody is always going to do worse. Enjoy the new car and soak it in.

SteveE400

I have to agree with JediJD - if the deal feels right to you, it is right. I got a similar deal on my E400 last August, but that was partly because I played the old game called "Two cars/no cars" with the dealer. IF they would meet my prices on two cars, I would buy both. If they missed on one, I bought neither. Works for me.


Another thing to consider is that these cars (E400) are nowhere near as common as the E350 variants, so there may be less price elasticity until the very end when the lot is full of 2017 W213's and they still have a couple of the less desirable versions of the 2016's. We may see deeper discounting then, but I don't think we'll see big discounts until then.


Of course, if the whole economy crashes, all bets are off.


I say, just enjoy the new car now. Revel in the agony of break-in, for you shall not know what you have until after that time. . . and then LOOK OUT!


Gonzo says "Wheeee!"

a4ncar

Nice car.... there always be another good deal somewhere if you keep looking but it was a great deal that day otherwise you would have not bought it. Enjoy your ride....

g4benz

I wouldn't worry about it. These cars depreciate like nobody's business is what I have learned since owning a Benz. The next guy will buy the same exact car for much less a few months from now, so don't sweat it and enjoy that beauty!

iridium7777

you're leasing it, does it matter? are you looking to buy out in the end, otherwise who cares, is $50/mo payment going to make a difference to you on a 1200+?

JSch

Congratulations on your new car. Just enjoy it!

Unless you analyze different lease options with a combination of price, interest rates, residual values, mileage allowance, purchase price, etc. it is not possible for your friend to make a blind statement like that. I just think he is jealous.

If you were at the dealer for six hours, there must have been some serious number crunching happening - in which case you got the best deal for you.

From M to AMG

Well I think you guys are correct about enjoying it and not worrying. It is a great car and I hear reliability is up. I actually financed instead of lease because I felt that this may be a car o can keep for like 7 to 10 years. I also got the warranty for 7 years for 3900.

Thanks for the responses!

g4benz

Yep, thought I read the finance part correctly. I also intend on keeping mine until it dies. Enjoy!

pamiboy

Awesome car. Don't worry about price. It's all good. Congratulations.

pamiboy

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jahquan3

Congrats and enjoy your new beauty

Munich77

Congrats on the new car. I think that the price is pretty good - as long as you are happy that is what matters. Also, since the W213 will be 4 cylinder only until they release the V6 model I think there will be not much price elasticity - as it gets closer to the end of the W212 people wanting a powerful engine will be looking for the E400.

AKnight55

Would of gone for a 1 year old E550, but that's just me.

Battery!

Sounds like you did well, with almost 15% off a new car. I got about the same off on my E350 last May, and there's more of those out there than the 400's.