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Old 08-07-2017, 04:17 PM
  #126  
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Originally Posted by advocado View Post
Welcome back. I have a 2014 E550 Cab with 29k miles. Not a lease. The 4 year/50k miles warranty will be up in in a few months and I want to get the 3 year, 75k miles extended limited warranty. I understand the price for the Mercedes warranty can vary widely. Can you provide an estimate for me (I assume I'm not required to go back to the dealer I purchased the car from). Thank you.
Check the extended warranty subforum. There's probably about 3-4 vendors mentioned in there all the time. Probably in the 2-3k range.

https://mbworld.org/forums/extended-...cs-thread.html

https://mbworld.org/forums/extended-...-warranty.html
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Old 08-07-2017, 07:24 PM
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Originally Posted by cetialpha5 View Post
Check the extended warranty subforum. There's probably about 3-4 vendors mentioned in there all the time. Probably in the 2-3k range.

https://mbworld.org/forums/extended-...cs-thread.html

https://mbworld.org/forums/extended-...-warranty.html
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Old 08-16-2017, 03:55 AM
  #128  
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What's the best way to locate retired service loaner cars? It seems like most of the MB dealer sites do not provide this info. I am in the market of leasing a 17 E300 similar to dbtk's and was hoping to find an easier way to locate the inventories rather than hitting up every dealer. thanks.
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Old 08-16-2017, 08:23 AM
  #129  
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Originally Posted by davezaristo View Post
What's the best way to locate retired service loaner cars? It seems like most of the MB dealer sites do not provide this info. I am in the market of leasing a 17 E300 similar to dbtk's and was hoping to find an easier way to locate the inventories rather than hitting up every dealer. thanks.
I typically check one of the used car websites and select "used" only, not "CPO" cars.
Cars.com
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Old 08-17-2017, 12:58 PM
  #130  
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Originally Posted by davezaristo View Post
What's the best way to locate retired service loaner cars? It seems like most of the MB dealer sites do not provide this info. I am in the market of leasing a 17 E300 similar to dbtk's and was hoping to find an easier way to locate the inventories rather than hitting up every dealer. thanks.

If you have a strong relationship with a dealer, they may allow you to customize an incoming order that is destined for the loaner fleet (like mine does). So when my 2018 arrives, as I built it, it will be placed as an executive demo (or in the past, the loaner fleet) for 90 days, then I will lease it at a very discounted price...
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Old 08-21-2017, 08:46 PM
  #131  
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Originally Posted by BlackjackM View Post
If you have a strong relationship with a dealer, they may allow you to customize an incoming order that is destined for the loaner fleet (like mine does). So when my 2018 arrives, as I built it, it will be placed as an executive demo (or in the past, the loaner fleet) for 90 days, then I will lease it at a very discounted price...
That's an interesting approach but I am sure the car will need to be lightly optioned like any other loaner fleet I assume?
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Old 08-22-2017, 04:00 PM
  #132  
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Originally Posted by davezaristo View Post
That's an interesting approach but I am sure the car will need to be lightly optioned like any other loaner fleet I assume?

Not in my case...MSRP is $65k
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Old 08-22-2017, 04:44 PM
  #133  
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Originally Posted by BlackjackM View Post
If you have a strong relationship with a dealer, they may allow you to customize an incoming order that is destined for the loaner fleet (like mine does). So when my 2018 arrives, as I built it, it will be placed as an executive demo (or in the past, the loaner fleet) for 90 days, then I will lease it at a very discounted price...
That's a great strategy! I may ask my SA to try this approach to get a significant discount on personalized order. Perhaps with the newly redesigned S as my dealership does offer S loaners.
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Old 08-22-2017, 05:01 PM
  #134  
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Originally Posted by BlackjackM View Post
If you have a strong relationship with a dealer, they may allow you to customize an incoming order that is destined for the loaner fleet (like mine does). So when my 2018 arrives, as I built it, it will be placed as an executive demo (or in the past, the loaner fleet) for 90 days, then I will lease it at a very discounted price...
How big of a discount off MSRP do you expect?
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Old 08-23-2017, 12:40 PM
  #135  
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Originally Posted by ua549 View Post
How big of a discount off MSRP do you expect?

I'm not sure if it's a percentage or a fixed amount. I know that MBUSA gives them money to "help" sell loaners/demos. It will be at minimum 10k off MSRP.
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Old 08-23-2017, 09:54 PM
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Originally Posted by ua549 View Post
How big of a discount off MSRP do you expect?
I believe it is based on mileage.
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Old 08-24-2017, 11:40 PM
  #137  
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E Class
Leased car trade in

Hi Mercedes Finance Guy,

Hope you are doing great and thanks so much for your help on this forum!!!

I have a question about competitor's leased car trade in when I lease a new car from Mercedes.

I am currently leasing a base VW Jetta 2016(11 months left) and willing to lease a E300 AWD. Do you think will MB finance allow me to trade in my leased car for a new MB leasing? If so, can you please give us any detail process? (FYI, I just used TMV edmunds and got $9800 USD value on my car)

Thanks in advance for your help Finance Guy!

p.s.) Please let me know if you need any more information on my current lease!
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Old 10-24-2017, 10:53 PM
  #138  
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Acura TL & C-Class
Canadian discount

Hi all,

I'm looking to get an E300 (2018) in Canada. Anyone willing to share what kinds of discounts they got on their cars?

tx
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Old 10-30-2017, 06:39 AM
  #139  
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Which FICO Scoring Model does MBFS use?

Which FICO scoring models does MBFS use? I've read FICO 9 Auto for Transunion and older scoring models for secondary bureau pulls, but my local dealer either cannot or will not confirm this. Can you shed any light on this? This information would be very helpful to know what kind of deals to expect when considering a new vehicle.
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Old 01-30-2018, 09:04 PM
  #140  
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Lexus RX 450h
Competitor Conquest Program

I am looking to buy a GLC 300 and saw an earlier post about the CompetitorConquest Program, but I havenít been able to find anything online that is more current than 2012. Does anyone know if this program is still active, and if it is available everywhere, or only in certain locations? Any assistance is much appreciated!
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Old 02-05-2018, 06:48 PM
  #141  
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2017 E-300 Sport
My mother-in-law just leased an '18 E300 using a single payment car lease from Fletcher Jones. Does anyone know if MBFS does this the "simple way"- of just charging up front the conventional lease payment * months in the lease? Or do they do it such that you'd save half of the interest charges. For those interested- here's a description of the two methods https://www.leaseguide.com/articles/prepaid-lease/

So- which does MBFS use? Thanks
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Old 02-08-2018, 07:53 PM
  #142  
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s550
I have an interesting choice that i am looking for opinions on.
Very different but i need to make a decision
A. 2017 $11500 s class demo for $8500 after incentives and various ways to get money off. Sold as a new car

B. Order a new 2018 e300 4 magic list for $72000 the way i built it. Here is my question. What can i reasonably expect to pay for this in a purchase? Is $63000 unreasonable to ask?

I know different scenarios but I am coming out of a TESLA with about 35000 in equity. I fell like in 2 years they both will be hit by $30000 in depreciation. I have to make a decision soon so any opinions are appreciated.
Thanks
Rich
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Old 02-09-2018, 08:37 PM
  #143  
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Two different cars. Are you leasing or purchasing? Your finances aside, if leasing I would go with the S550 without hesitation. How many miles are on the demo S? Depending on that answer, and if leasing, with the 2018 facelift 560's out now I might go for another 2500.00 in cap cost reduction on their end.

If you are purchasing, I would go with the E300 for sure. It is a much more (long-term) reliable vehicle overall. For the E cost, on my 2018 E400 coupe, I negotiated the MSRP down from 72,500 to 65,000. Coupes are harder due to less of them being sold. On an E300, at 72k MSRP, I'd shoot for 60k and settle around 62k as they are volume sellers, though as you said, you have a specific list of options that may make that more difficult.

Edit: As I reread your post, and especially if your are rolling the Tesla equity into a purchase, get the S550 and extend the (ELW) warranty full term



Originally Posted by lungs414 View Post
I have an interesting choice that i am looking for opinions on.
Very different but i need to make a decision
A. 2017 $11500 s class demo for $8500 after incentives and various ways to get money off. Sold as a new car

B. Order a new 2018 e300 4 magic list for $72000 the way i built it. Here is my question. What can i reasonably expect to pay for this in a purchase? Is $63000 unreasonable to ask?

I know different scenarios but I am coming out of a TESLA with about 35000 in equity. I fell like in 2 years they both will be hit by $30000 in depreciation. I have to make a decision soon so any opinions are appreciated.
Thanks
Rich

Last edited by teksurv; 02-09-2018 at 08:43 PM. Reason: Additional info added
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Old 02-10-2018, 02:18 AM
  #144  
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300E For 25k Miles Per Year

What do you think is the best way to get a 300 E Class if you drive 25k miles per year? It seems like there are a lot of great lease deals for people who drive less than 12k per year, but there must be some strategy that works best for us folks who drive a lot more. What do you suggest?
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Old 02-10-2018, 09:56 AM
  #145  
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In your case it would seem the best option, if an E300 is what you would like, is to purchase a CPO car, extend the CPO warranty to max 7 years with unlimited mileage.

Originally Posted by crock View Post
What do you think is the best way to get a 300 E Class if you drive 25k miles per year? It seems like there are a lot of great lease deals for people who drive less than 12k per year, but there must be some strategy that works best for us folks who drive a lot more. What do you suggest?
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Old 02-10-2018, 04:38 PM
  #146  
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2016 E350 Sedan, 2018 S560 Sedan, On order: 2019 SL450
I live in Orange County, CA. I have an ordered 2018 S560 Sedan on the water and due into the dealer around the 20th of this month. I am a long time customer with this dealership, but my long time sales contact is no longer there. The car has an MSRP of approx. $119K. I will just be doing a lease return on my 2015 S550. I have an 800+ credit score and perfect standing with MBFS. Can you give me an idea of what an outstanding deal on a 3 year/15K lease might look like for this month? Any advice? Thank you!
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Old 03-09-2018, 01:57 PM
  #147  
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Originally Posted by Mercedesfinance View Post
Hi there. Also a fabulous question! Thank you for asking it.

So I am going to work backwards on this one. MBFS (Mercedes-Benz Financial Services) uses Trans Union reports to determine credit acceptance. However other banks will use the other bureaus. So keep them all clean!

When a lender looks at someones credit for approval. They look at a many factors but I can keep it simple.
1. ADVANCE
2. DEBT LOAD
3. HISTORY
4. YOU (Ability to pay)
Almost in that order.
1) How much are you trying to borrow relative to the collateral. The more cash down or equity that you have in your new deal will greatly determine the risk level of the loan. i.e. if you are putting down 50% on your deal then if you fail to pay, the bank will win because of the equity position you have put them in. ON the other side, if you have a trade in that you are upside down in and are trying to finance 140% of the value of the car (invoice) then the bank will consider you to be far higher of a risk. Make sense?

2) Your own Debt load. Your "score" is mostly derived from your credit that you have available. If you are using more than 50% of your credit cards you are seen as a huge risk to the lenders. If your total outgoing payments are higher than 60% of your income then you are a huge risk to the lender. They will increase the rate to compensate.

3)History is very important. This is one thing that young people struggle most with. When it comes to an auto loan/lease the bank does not want to see anyone go from a Honda Civic loan to a Mercedes GT loan. In your case going from a FIAT to a P3 heads up 3d sound W213 E300 for 74000.00 might be a hard sale for the finance manager to make to MBFS. But, that being said.... I have done it. But it was usually done due to a provable job income increase or validation of liquidity of someones accounts. Cash down etc. Anything I could do to lower the risk in the banks eyes.

4) You... yep it all boils down to you. Your job, job type, who you are, if you are nice (Believe it or not this plays a huge part. I know personally that I have worked VERY VERY HARD for nice people. I will also admit that I have spent as little time as possible for ones that are totally rude or demanding) So be NICE!!! When you fill out your app, do it carefully. Take your time WRITE NEATLY. BE HONEST! Remember the finance guy needs to paint a good picture of you to the lender. ASK TO SPEAK WITH HIM/HER PRIOR TO SUBMITTAL. Make sure you tell them about how long you have been doing what you are doing, even if it is with different companies. Be honest and thorough with anything that is bad. Trust me with MBFS a story will go a long way.

Which leads me to the last part.... MBFS... They are one of the most amazing captive lenders I have ever EVER WORKED WITH in 22 years of doing this they are the first bank that ABSOLUTELY does NOT use the credit score to determine the tier. They truly want to support the dealers and help them to get the approvals they need to sell cars. So that being said, the fact that you are trying to do the right thing will go a long way.
MBFS will want to see that you can pay for the new car. They will want to see that the payment does not exceed 12-15% of your monthly income. They will want to see that they have some equity in the deal. They will want to see that you have not been pursuing large amount of credit prior to getting your new car.

Here are my suggestions to increase your odds of approval.
Cash down
Mitigate any negative equity from your trade
LEASE LEASE LEASE (MBFS will almost always give higher tiers on leases)
Keep your nose clean... =) NO LATE PAYMENTS
keep it real.... DONT GO LOOKING TO PURCHASE AN E43 IF YOUR LAST CAR WAS A FIAT. =) If you are going to go E class then keep it around 50K or PUT UP THE CASH TO KEEP THE AMOUNT FINANCED/Total Adjusted Cap cost AROUND 50K.

Good luck!!!! I hope this helps!

If you have any other questions send me a message and I can give you my cell phone number to discuss!
MB Finance Guy!
This is all really great info! What are the tiers that MBFS uses? And generally speaking, are there guidelines for the credit scores expected or required as a part of those tiers? I know that you take into account way more than credit score, but just wondering.

I just ordered a 2018 E43 AMG and I'm evaluating what tier i will land in when the car arrives in a few months
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Old 03-09-2018, 03:23 PM
  #148  
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Originally Posted by Mercedesfinance View Post
With respect to Special rates no. In fact... A1-tier 2 are the same. Tier 3-4 RO (reject override) are the same as well.

I hope this helps.
If the special rates are the same, what is the benefit to being rated A1 vs Tier 1 or Tier 2?
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Old 03-11-2018, 06:35 PM
  #149  
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new owner
I am coming close to the end of my lease and was wondering if I need to return my car to the original dealer i leased it from. I do have MSD on this lease that i want to roll into my next one.

Will I lose this money if i don't go back to my original dealer, and what other incentives can i expect by sticking with them? I of course want the best deal and am not afraid to shop around but I am not sure if I am handcuffed to one dealer.

Thanks
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Old 03-14-2018, 09:55 AM
  #150  
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E400
I just purchased my E400 2018 . The finance closing manager wants us to purchase the maintenance package at about $500 per year. Is it worth it? I cannot find any documents about service profile A or B and costs.
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