I've found on 2020 E 53 that I want, But it has a damaged from customer took for a test drive and park too close to the side walk and pull the bumper out. the paint job look good but when I went to test drive. Parking assist and Assist Distronic still not function because they are waiting for parts. They offer right away at 10% off MSRP. what do you guys think. I never in this situation with brand new car before.

thank you

 

I got 12% off on a new, ordered E-Class wagon. Whatever you settle on, I'd make sure everything is (or will be) fixed before deciding.

 

Yea, I wouldn’t even negotiate until I’m sure the parking sensors and distronic work as expected.

 

is that a normal to get 12% off?on E class wagon or sedan as well? they said they hardly give a discount on any AMG car, which I don't believe them.

 

Why take a damaged but repaired car for the same discount as you can get on an un-damaged one? Personally I'd walk as how did a little encounter with a curb damage the distronic? Sounds like there was more to it. If you do buy it you need to make sure the MB warranty is fully in place, not just silly promise from the dealer. Have them show you the repair paperwork for this simple encounter with a curb or sidewalk.

 

that's a good point! i will ask them a repair paper work. they show me the CarFax and it showing minor damage to the front. they said normally there is no discount on AMG car.

 

They are feeding you a line of Bull. They are car salesmen. They tell you what they think will make you buy the car.

 

Why even consider such a car? I wouldn't fool with a potentially botched repair or anything less than a perfectly functioning new car. Don't even entertain the salesman BS.

M

 

If you buy this car, remember the Car Fax report showing an accident will follow and haunt it. When the time comes to sell, that damage will severely lessen the value of the car.

Put yourself in the buyer's position: would you want a car that has been in an accident?

When I ordered my 2019 E 450 I got 12% off of MSRP.

As others have posted, it is BS about AMG not being discounted. There is a greater profit margin in an AMG vs. a normal car: I would suspect that the AMG would be discounted more not less than a normal car.

Just my $.02:

Because of the accident, If this car was not substantially discounted I would run, not walk from the car!

 

If you can wipe your memory of the damage and repairs, then maybe proceed. But I know of few people who can look at a "new" car and not let the pre-delivery damage eat at them. Even if you got a 20-25%% discount, you will still look at the car differently than you would a car delivered in pristine condition.

In truth, none of us know what happens to new cars between the factory and the showroom floor. And a lot can happen, from transporter accidents to container ships listing in rogue waves, delivery port mis-handling, etc. Until a car is titled, I seriously doubt that any manufacturer will volunteer to note pre-delivery damage in CARFAX. (Most people don't know that participation in CARFAX is NOT required.)

A bumper pull with no other damage might seem slight if repaired perfectly. But you will know, and that is all that matters.

 

My dealer once told me that their private joke about AMG is that it stands for Adds to Margin Greatly.

 

There is a difference between "pre delivery repair" which does not show up on a Car Fax report and a repair afterwards that appears on a Car Fax report.

With a Car Fax report, which will greatly decrease the value upon both resale or trade in, I would think a discount in the range of 20% to 25% would be appropriate.

Anything less than that, walk and let it be somebody else's problem!

I truly believe, that without a substantial discount, you will be kicking yourself later on for having bought this car.

One last thought:

If you cannot get a 20% to 25% discount but only 10% to 15%, then lease the car. At the end of the lease if the car, because of the Car Fax report,is worth substantially less than the residual (which I think it will be) then return the car at the end of the lease. If the car is worth the residual or more buy it.

You only additional cost is the interest (money factor) presently less than 5% which is not terrible and the bank fee, $675. So for $675 you have protected yourself against the potential huge downside later on because of the Car Fax report.

Several months ago I was looking at a used Bentley convertible for my wife: I ruled any car that Car Fax reported a damage and any car that did not have complete service records.

I think at the price level of both a Mercedes and AMG that Car Fax report showing a damage will be a detriment upon resale and/or trade in.

 

Definitely this. I'd say anything 10% and up would be great, but I'd make absolutely sure everything works properly before.

 

I will offer them 25%off and see what they said. also, I will ask for service repair records. I was plan on buying MB AMG not to lease. Because MB lease program is not attractive at all. But since this accident showed on CarFax. I will consider to lease this car for sure. ( if they give me a good MF rate..last time I check was .0025 = 6% ) so high

 

it probably has a terrible lease rate (money factor). They can't do anything about that beyond the rate they get
I guess the car is hot so there's little incentives for better deals.

 

You have to look at both the MF and residual. While the MF may be high the residual could also be high thus bringing down the monthly payment.

However, I suspect the residual will not be as high as on a regular Mercedes basically reflecting the fact as compared to a regular Mercedes the increased cost is much higher than the incremental improvement in performance:

Simple put the AMG models vs. regular Mercedes lose more of their value and hence lease out very expensive.

 

yea, residual isn't high. I think it's around a 53% or 54%

 

I thought (or was told) that too. I'd dealt with the manager of the MB dealership for the price. Their financial guy gave me lease values for my new 2020 E450 Wagon, which worked out to a 0.00376 MF. I felt that was high, emailed him and the manager back that I did, and the manager gave me a new rate of 0.00212, which I then got lowered using multiple MSDs to 0.00151. I'm not sure they're as "fixed" as people have been led to believe.

 

They are fixed. You can look up these numbers online. They inflate them for their own $$$ so you should know what the rate is beforehand. If you're going in blind you won't know if the MF inflated or not.

 

MF: I previously posted that dealers can mark up the MF and that profit is split between MB Financial and the dealer.

So when you lease you must make sure you are getting the best MF. This is printed out by MB Financial and you should ask to see it.

Residuals: 54%/55% is about 5% less than a regular MB.

This confirms that not only the market place but MB Financials acknowledge that the AMG line vs. the regular Mercedes is overpriced and after three years will not hold its value vs. a regular Mercedes.

Basically the high lease rate are telling you the extra's on the AMG are not worth the money!

 

I'd like to know where. People publish some values here, and they've varied, even for the same model. You can inquire and get quotes on Edmunds.com's Mercedes lease forum, and I have, but keep being told there the MF for my 2020 E450 Wagon is "Standard MF" and varies with model, with no specifics. Same answer here.
Well, if the "official" values are not readily available, and if dealers inflate the values, then I don't consider them "fixed". I've been trying for months to get the proper MF, and outside of getting quotes for a year ago, have found nothing official or consistent.

 

Each dealer has a MF rate sheet from MB Financial. The MF varies from model to model.

As I posted the dealer can mark up the MF. This is extra profit for the dealer.

My dealer shows me the MF from MB Financial. It changes every 30 days.

It is up to the buyer to make sure he is getting the "base rate" from his dealer - the rate MB Financial charges. This is the rate you want.

Hope this clarifies.

 

I got a little over 10% off sticker on my 2018 E400C, which was new and in showroom condition when I purchased it in November 2017. Of course, demand dictates price, and as the E53 is somewhat rare, the dealer may figure it will sell for near sticker even with the repaired damage, especially if the repair was done well.

 

You can easily get 8% off a special order if you shop around. 10% for a car off the lot is reasonable for an E class. I would ask for 15% and settle at 12% and would consider this a good deal for an E class AMG. Like other said, you need to make the purchase contingent on all repairs being complete and satisfactory before you sign.

A pulled bumper cover is no big deal as long as there is no paint damage. This will never get declared to DMV or insurance and will likely never show up on a vehicle report anyway. If there is paint damage or if the bumper cover needs to be replaced this becomes more complicated because not all body and paint shops are created equal.

There is zero change of getting a 25% discount off an E53. I would challenge the 1st hand knowledge and credibility of anyone pushing nonsense like this. A 25% discount is what you would get from a 1 year old lease turn in if you were an exceptional negotiator and the timing was perfect. You will not get that kind of discount on a new car regardless of whatever scratches and dents it's suffered on the lot.

If you like the car and can get 15% off that's a screaming deal. 12% off is a great deal. 10% off is a fair deal. <10% and you should look elsewhere as you can get 8-10% off any sedan or coupe (non-vert) in the MB lineup right now.

 

The E53 may be rare where you are, but one of my local MB dealer's website says they have 47 E53's on their lot ready to sell at highly discounted prices.

*** EDIT ***
Upon further checking it appears that the inventory listed on the site is from an area pool of cars. The inventory shown on their MB dealer website is greater than the inventory shown on the business name website. I believe that MBUSA is showing inventory by region, not by dealer. 47 E53 cars makes more sense when applied to all the metro dealers, not just one of the five metro area dealers.