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I work for a Mercedes Dealer in Finance

 
Old 03-14-2018, 04:35 PM
  #151  
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I posted in your other thread.
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Old 03-14-2018, 07:28 PM
  #152  
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2018 E400 Coupe, 2016 Audi A6 3.0
Originally Posted by Cambridgehank View Post
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.
it was $1400 for 4 years. https://www.mbusa.com/mercedes/servi...ts/maintenance

Last edited by dudley07726; 03-14-2018 at 07:30 PM.
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Old 03-14-2018, 07:32 PM
  #153  
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Originally Posted by Cambridgehank View Post
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.
You can buy it anytime up to 80k. Usual A service is around $300 and B is around $500 some places discount that a little. It's probably more worth while when it's near some major maintenance like transmission fluid changes or spark plug changes as those are included so maybe in the 40-60k range. The 3 pack is probably the best bang for the buck as getting it when the 40k is due would also cover the 60k. There may also be some major items at the 80k mark.
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Old 03-14-2018, 08:03 PM
  #154  
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E400
Originally Posted by cetialpha5 View Post
You can buy it anytime up to 80k. Usual A service is around $300 and B is around $500 some places discount that a little. It's probably more worth while when it's near some major maintenance like transmission fluid changes or spark plug changes as those are included so maybe in the 40-60k range. The 3 pack is probably the best bang for the buck as getting it when the 40k is due would also cover the 60k. There may also be some major items at the 80k mark.
Hopefully, I can remember that when the car hits 40 to 60K.
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Old 03-17-2018, 01:23 PM
  #155  
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Can someone please tell me what an amazing deal on a 2018 E 300 4MATIC Sedan AMG P1 with a $63,750 MSRP would be for:

36 months / 15k miles / 1
st Month + DMV + $795 bank fee out of pocket?

8.625% Sales Tax on Long Island and I understand the Residual is 56% and the Money Factor is 0.001.

Thank you!
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Old 03-27-2018, 10:48 PM
  #156  
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e300
Credit requirements

Hello.

what are the credit requirements to lease a E300 2018 Iím in the mids 600s around 650.

thank you.

Originally Posted by Mercedesfinance View Post
If anyone ever has any questions I am here to help answer them. I am not here to sell you anything, in fact I wont sell anything on here. But if you have any Mercedes Benz finance related questions I am here to help.

-Mercedes Finance Guy

PS... I just took delivery of my first Mercedes Benz! =) I am very happy!
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Old 04-17-2018, 11:52 PM
  #157  
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Mercedes Benz R320
Originally Posted by Mercedesfinance View Post
See my previous post on this... MBFS DOES NOT use score to determine rate solely.

But a good rule of thumb would be:

760+ A1
710-759 tier1
675-709 tier 2
625-674 tier 3
580-624 tier 4
<579 R (But possible reject override if you have the right cash down/situation)

I hope this helps!!!!
Good Evening Sir! Is this the same for Canadian Customers?
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Old 05-13-2018, 05:39 PM
  #158  
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Acadia (2009) taurus (2011)
Weird ?that's

Originally Posted by Mercedesfinance View Post
If anyone ever has any questions I am here to help answer them. I am not here to sell you anything, in fact I wont sell anything on here. But if you have any Mercedes Benz finance related questions I am here to help.

-Mercedes Finance Guy

PS... I just took delivery of my first Mercedes Benz! =) I am very happy!
I have horrible credit right now but it is not in accordance to the law so I have hired a law firm to help me as I pay my bills and work hard. This time next yr my score should be over +720. Can I finance a Mercedes glh or gla w/that score? My heart is set. Back in 2000 i drove a convertible sl500 and have love Mercedes ever since. Thanks in advance!
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Old 05-15-2018, 02:52 PM
  #159  
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E400
Hi,

I just purchased E400 with 3yr/10K warranty and 40K maintenance. My dealer only print the warranty and prepaid maintenance to sale contract. If I want to repair or schedule maintenance, do I need to present the sale contract to dealership? Does the Mercedes Benz record in their system?
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Old 08-18-2018, 11:19 AM
  #160  
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CLS
Credit score

Hello,

I am going to take over someoneís lease who is currently in a MB E43. I am currently in a CLS 400 lease which is up in October. Iím going to fill out an acquisition form from Mercedes to have the E43 lease transferred to me. What kind of credit score does Mercedes look for now? I have a 655 and my wife (who is co-signing) has a 750. I make $100k/year. Thanks!
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Old 08-19-2018, 01:56 PM
  #161  
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BMW 740i
Thanks so much for being here. couple questions.

1. In Az the dealers say there is no conquest or really no incentives at all. Will there be anything coming out this fall for the 2019 models? I ordered an E53 AMG Cabriolet delivery expected around Halloween. Can I at least get the conquest incentive (coming from BMW 7 series)?

2. what are the expected money factors (buy rate) and residuals for the car I have on order?

3. What discretion does the dealer have to throw in the maintenance package to sweeten the deal?

Thanks again for your insight.
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Old 08-21-2018, 03:37 PM
  #162  
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E400 Cab
I have a question...

Im going to give my back my E400 Convertible for an E400 Sedan. Coming out of a 36/45 lease and getting into another 36/45 lease with nothing but 1st month and DMV fees. Current 2016 car has exactly the same MSRP as new 2018 car at $75,400, one is sedan and the other convertible. The lease prices are a solid 15% higher today than they were 3 years ago. Do the convertibles have higher RV's than the sedan counterparts? It has been mentioned that MB is using lower, more realistic RV's now than they were 3 years ago... any truth to that you are aware of? Money is certainly not as cheap now as it was then so MF's would be higher now, yes?

Next question... I have an MBDEAL Control# from a friend who works at corporate and I had one the last time and it was the mother of ALL discounts. As I understand it... this is a 12.25% discount from MSRP and doesn't (shouldn't) deviate dealer to dealer. Residual Values and money factors are set by MB Financial and cannot deviate dealer to dealer, correct? All of this said, the price I would get from dealer A should, for all intent and purpose, be the same as from dealer B for th same vehicle, same delivery date, etc.? If dealer A has the car I want I want on the lot but dealer B would have to secure that car from another dealer, does that impact numbers?

Let me preface your answer with, I'm a loyal, trusting guy and would never call another dealer and try to pit them against each other or anything like that. I would like to think my trust is well placed but without calling another dealer... who really knows??? Any insight you could glean would be wonderful!
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Old 08-22-2018, 10:53 PM
  #163  
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Originally Posted by Russmna29 View Post
I have a question...

Im going to give my back my E400 Convertible for an E400 Sedan. Coming out of a 36/45 lease and getting into another 36/45 lease with nothing but 1st month and DMV fees. Current 2016 car has exactly the same MSRP as new 2018 car at $75,400, one is sedan and the other convertible. The lease prices are a solid 15% higher today than they were 3 years ago. Do the convertibles have higher RV's than the sedan counterparts? It has been mentioned that MB is using lower, more realistic RV's now than they were 3 years ago... any truth to that you are aware of? Money is certainly not as cheap now as it was then so MF's would be higher now, yes?

Next question... I have an MBDEAL Control# from a friend who works at corporate and I had one the last time and it was the mother of ALL discounts. As I understand it... this is a 12.25% discount from MSRP and doesn't (shouldn't) deviate dealer to dealer. Residual Values and money factors are set by MB Financial and cannot deviate dealer to dealer, correct? All of this said, the price I would get from dealer A should, for all intent and purpose, be the same as from dealer B for th same vehicle, same delivery date, etc.? If dealer A has the car I want I want on the lot but dealer B would have to secure that car from another dealer, does that impact numbers?

Let me preface your answer with, I'm a loyal, trusting guy and would never call another dealer and try to pit them against each other or anything like that. I would like to think my trust is well placed but without calling another dealer... who really knows??? Any insight you could glean would be wonderful!

I used to work for the company and i still have a friends/acquaintances that I probably help acquire an MB once or every other month. The code is a 12.25% discount off msrp, but the bottom line will vary depending on the dealership, because it still comes down to what they are willing to reduce below that code. I got my e class recently and one dealership quoted over 700 (they had one that I really wanted) but the dealership i have a long term relationship with gave it to me for 515 a month (huge difference I say) and still a 1000 less at signing.

So if a dealership is only giving u the 12.25 and nothing less, i say you still have some room to play with or visit some other ones
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Old 08-22-2018, 11:13 PM
  #164  
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E400 Cab
Originally Posted by jhpmbusa View Post
I used to work for the company and i still have a friends/acquaintances that I probably help acquire an MB once or every other month. The code is a 12.25% discount off msrp, but the bottom line will vary depending on the dealership, because it still comes down to what they are willing to reduce below that code. I got my e class recently and one dealership quoted over 700 (they had one that I really wanted) but the dealership i have a long term relationship with gave it to me for 515 a month (huge difference I say) and still a 1000 less at signing.

So if a dealership is only giving u the 12.25 and nothing less, i say you still have some room to play with or visit some other ones
REALLY!!! I assumed it was that code and why go below It? Iím just a loyal guy and itís my local dealer, do you think they figure they got me and Iím not shopping? Iíve also decided to build a Ď19 e450 and deliver it, does that change the dynamic? This is now a car with no floor plan expense, out the door it goes when it hits the dealer. If I were to go to a second dealer, I would have to give them that code, would the first dealer know that thereís a second dealer involved?
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Old 08-23-2018, 08:19 AM
  #165  
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Originally Posted by Russmna29 View Post


REALLY!!! I assumed it was that code and why go below It? Iím just a loyal guy and itís my local dealer, do you think they figure they got me and Iím not shopping? Iíve also decided to build a Ď19 e450 and deliver it, does that change the dynamic? This is now a car with no floor plan expense, out the door it goes when it hits the dealer. If I were to go to a second dealer, I would have to give them that code, would the first dealer know that thereís a second dealer involved?
So considering its a dealership you have a relationship with, hope they are giving you the best deal possible. Also considering you are getting a E450 (not released/arrived) I dont know how aggressive all dealerships will be with the pricing. At this point the most you can do is shop around and tell them the specs of the car and mention you have a code.

If you happen to purchase it from a different dealership you will have to provide the code to them and of course cancel with your current dealership.

If it was me, Instead of just going to the other dealership, If you get a better quote from somewhere else - i would still see if your current dealership can beat/match the price. This way you still stay loyal and they still make the sell =)

They cant hate you for shopping around, especially when the car isn't even here yet - you have plenty of time to be "bored" and ask around hahaa

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Old 08-28-2018, 12:56 PM
  #166  
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Mercedes GLE
Pre Paid Maintenance

We purchased a MB GLE 6months ago. Loved the car. But, we now have a growing family- and we traded the car in for a Yukon. We paid 1890.00 in pre paid maintenance- that we never used. We only owned the car 6months. Can I expect ANY pro rated return?
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Old 08-28-2018, 01:14 PM
  #167  
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2019 E450 4Matic & 2018 E400 4Matic
[QUOTE=DJA1212;7540398]We purchased a MB GLE 6months ago. Loved the car. But, we now have a growing family- and we traded the car in for a Yukon. We paid 1890.00 in pre paid maintenance- that we never used. We only owned the car 6months. Can I expect ANY pro rated return?[/QUOTE
I just traded in two three old MB cars for two new E Class and we're getting a prorated refund of the unused portion of the maintenance we paid for. But we had used two of three services. They're refunding the one unused service. Since you didn't have any services, you should get the full amount back. Have you contacted the dealer you purchased the maintenance from?
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Old 08-28-2018, 01:20 PM
  #168  
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Mercedes GLE
Finance reply - when I asked if I can expect a prorated refund.


"Most likely because Mercedes Benz only refunds maint when you purchase maint again or if your car is a total loss. Did either one of these occur?



Joseph Anton"

Plaza Mercedes Benz
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Old 08-28-2018, 01:22 PM
  #169  
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Originally Posted by DJA1212 View Post
Finance reply - when I asked if I can expect a prorated refund.


"Most likely because Mercedes Benz only refunds maint when you purchase maint again or if your car is a total loss. Did either one of these occur?



Joseph Anton"

Plaza Mercedes Benz
I guess I'm getting a refund because I did buy another Mercedes. I don't know if in the fine print it says anything like that from when you purchased the maintenance since you bought another brand?
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Old 08-28-2018, 01:28 PM
  #170  
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Mercedes GLE
When asked when I should expect my pro rated return for PPM.

"Most likely not because Mercedes Benz only refunds maint when you purchase maint again or if your car is a total loss. Did either one of these occur?"
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Old 08-28-2018, 01:37 PM
  #171  
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Originally Posted by DJA1212 View Post
When asked when I should expect my pro rated return for PPM.

"Most likely not because Mercedes Benz only refunds maint when you purchase maint again or if your car is a total loss. Did either one of these occur?"
Based on that, it appears you shouldn't be expecting a refund.
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Old 09-11-2018, 10:09 AM
  #172  
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Does anyone know how LTV is calculated by MB Financial? My credit isn't the greatest and so I want to get to 80% LTV as I've heard they'll approve almost anyone at this ratio. Is that true? If so is MSRP used as the value? I'm eligible for a large discount plus I'll put about 10% down and was hoping this would get me to 80% LTV.
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Old 09-18-2018, 08:54 AM
  #173  
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05' E320 CDI
Extended Warranty Cost

I'm considering a 2016 E250 Blue Tech 4Matic. Could you give me an estimate of dealer cost and retail price for a 1 or 2 year MB extended warranty? Thanks for the help!
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Old 12-17-2018, 09:33 AM
  #174  
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2002 C320
Is it realistic to get lease financing with a recent foreclosure (on investment property - not primary residence) with a credit score of 672 after the foreclosure? What are recommended options in this scenario? Down payment, security deposits? Also, if I go to a different MB dealership to shop around, I assume that the credit app at the first dealership will apply. Or would I apply for credit again at the 2nd MB dealership?
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Old 12-17-2018, 10:05 AM
  #175  
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The 2nd dealership will run a new credit check and every time a check is run, it runs your credit score a tad lower. Thus the next credit check won't improve over the 1st. It's never advisable to put much money down on a leased car. If you have an accident, and the car is totaled, the money put down will not be recovered. You're in a difficult place. I'm sure a dealer will be able to finance something for you, but at not very favorable terms.
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