Anyone cancelling E Class order because of tariffs
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From: Ontario,Canada
...24 GLE53
Anyone cancelling E Class order because of tariffs
Anyone cancelling their factory order because of tariffs? Is MB possibly going to offset car orders prior to tariffs?
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E450
I'm not cancelling my order, but will reject it if pricing becomes too high. I'm looking at 1- 2 year old CPO S500s as an alternate but I very much prefer the styling and size of the E-Class.
Last edited by webby87; Apr 5, 2025 at 04:34 PM.
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Keep in mind what happened during Covid and people were paying above MSRP for new cars and above book value for used cars: in a few short years when it came time to sell or trade, they were extremely disappointed.
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I wouldn’t be surprised if Germany just stopped sending r class cars and others made in Germany can’t blame them if they did. Who’s gonna pay 120k for a new E class and why should mb have to eat it ?
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That would surprise me. They make money selling to the US market. Can't imagine they would just be willing to lose all that profit even if it's reduced due to eating some extra cost.
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W214 E350
MB is waiting to see what the competition does. Some dealers are reverting back to full MSRP, while others are waiting until EOM; custom orders are in an iffy spot right now but are still being fulfilled. People need to understand that this is not COVID-19, and the cars will keep filling the lots; there will be no issue of supply when it comes down to grounded units on dealer lots.
On the other hand, has anyone checked the resale value of the W214's? I've been hearing some good numbers compared to what it was 4 months ago.
On the other hand, has anyone checked the resale value of the W214's? I've been hearing some good numbers compared to what it was 4 months ago.
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GLE
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...24 GLE53
They should keep the same prices and show the tariff as a line item like VW is doing. That way people will realize they have not raised their prices and it is simply a tax by the US govt. It will also show that they were lied to when told the exporting country paid the tariff.
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From: Poland
GLE
They should keep the same prices and show the tariff as a line item like VW is doing. That way people will realize they have not raised their prices and it is simply a tax by the US govt. It will also show that they were lied to when told the exporting country paid the tariff.
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Remember:
"You can fool some of the people all of the time, and all of the people some of the time, but you can't fool all of the people all of the time"
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GLE
I am afraid you are. It is amazing how many people actually believed Trump when he said the exporting country will be paying the tariffs.
Remember:
Remember:
"You can fool some of the people all of the time, and all of the people some of the time, but you can't fool all of the people all of the time"
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I am afraid you are. It is amazing how many people actually believed Trump when he said the exporting country will be paying the tariffs.
Remember:
Remember:
"You can fool some of the people all of the time, and all of the people some of the time, but you can't fool all of the people all of the time"
Well, not exactly.
The importer pays the tariff. That is fact.
Whether the tariff cost gets passed to the consumer depends on market dynamics, with the potential for the manufacturer and/or middlemen to absorb the the cost to some degree and for some period of time.
So, we shall see.
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Well, not exactly.
The importer pays the tariff. That is fact.
Whether the tariff cost gets passed to the consumer depends on market dynamics, with the potential for the manufacturer and/or middlemen to absorb the the cost to some degree and for some period of time.
So, we shall see.
The importer pays the tariff. That is fact.
Whether the tariff cost gets passed to the consumer depends on market dynamics, with the potential for the manufacturer and/or middlemen to absorb the the cost to some degree and for some period of time.
So, we shall see.
People actually believed this!
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As I posted, Trump did actually say other countries and not the US would be paying the tariffs.
- At a rally in Arizona in mid-August, he claimed that Vice President Kamala Harris, his Democratic opponent, is lying when she refers to his tariff plan as a “Trump tax.”
- In September, he repeated the claim during an interview with Fox News: “It’s not a tax on the middle class. It’s a tax on another country.”
- And he
again during a rally in Wisconsin Saturday that “it’s not going to be a cost to you, it’s going to be a cost to another country.”
- Vance
in late August that as a result of tariffs Trump imposed during his presidency, “prices went down for American citizens.”
- “They went up for the Chinese but they went down for our people,” Vance added.
See: https://www.cnn.com/2024/09/09/polit...ffs/index.html
- President Donald Trump told an Ohio audience Thursday that China is footing the bill for the massive tariffs he's slapped on foreign goods coming into the United States.
“Don’t let them tell you, the fact is — China devalues their currency, they pour money into their system. Because of that, you’re not paying for those tariffs. China’s paying for those tariffs,” the president said, hours after announcing the new set of tariffs on Chinese goods. “Until such time as there is a deal, we will be taxing the hell out of China.”
see: https://www.nbcnews.com/politics/don...-he-s-n1038751
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https://www.nytimes.com/video/us/politics/100000006661985/trump-china-tariffs.html
And
Trump, Feb. 25: "Now, China is paying us, right now, billions and billions of dollars of tariffs a month. Every month, billions of dollars. I love it. Personally, I love it. But they’re paying billions of dollars. And it’s hurting them; it’s not good for them."
see: https://www.factcheck.org/2019/02/do...a-pay-tariffs/
Last edited by JTK44; Apr 6, 2025 at 01:40 PM.
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Just a contra thought:
We all know that E Class sales have dropped precipitously since 2019 when over 40,000 cars were sold as compared to less than 18,000 in 2024. We also know that over 80% of E and S Class cars are leased.
Back in 2019 the residual on a 36 month, 10K miles per year was 60% and today it is 52%. This is part of the reason that monthly lease payments are $250/300 more than in 2019 - and these payments were including substantial discounts and/or incentives.
Now with those incentives removed, with cars selling at full MSRP, the lease payments will go up another $150/200 a month.
If people felt the lease payments were high before and not buying, I see very little reason for people flocking to the dealers now and willing to pay an extra $150/200 a month.
I predict people who used to lease, at lease end will now buy their car as we did during Covid, and not lease a new car. The reality is that with lease payments with zero down and including sales tax, assuming there is a sales tax in your state, will be approaching $1500 a month. In just four months, by buying a person will have saved $6,000. That $6,000 will pay for a lot of "maintenance" on their car if it is out of warranty.
Just my $.02
We all know that E Class sales have dropped precipitously since 2019 when over 40,000 cars were sold as compared to less than 18,000 in 2024. We also know that over 80% of E and S Class cars are leased.
Back in 2019 the residual on a 36 month, 10K miles per year was 60% and today it is 52%. This is part of the reason that monthly lease payments are $250/300 more than in 2019 - and these payments were including substantial discounts and/or incentives.
Now with those incentives removed, with cars selling at full MSRP, the lease payments will go up another $150/200 a month.
If people felt the lease payments were high before and not buying, I see very little reason for people flocking to the dealers now and willing to pay an extra $150/200 a month.
I predict people who used to lease, at lease end will now buy their car as we did during Covid, and not lease a new car. The reality is that with lease payments with zero down and including sales tax, assuming there is a sales tax in your state, will be approaching $1500 a month. In just four months, by buying a person will have saved $6,000. That $6,000 will pay for a lot of "maintenance" on their car if it is out of warranty.
Just my $.02
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GLE
I predict people who used to lease, at lease end will now buy their car as we did during Covid, and not lease a new car. The reality is that with lease payments with zero down and including sales tax, assuming there is a sales tax in your state, will be approaching $1500 a month. In just four months, by buying a person will have saved $6,000. That $6,000 will pay for a lot of "maintenance" on their car if it is out of warranty.
Just my $.02
Just my $.02
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That means at the end of the lease there will be equity in your car: the market value of the car will be higher than the residual. That is why most of us at the end of our lease in Covid winded up buying our cars rather then leasing a new car.
Hope this clarifies.
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GLE
You are correct: With the increase in prices of new cars, there will be a corresponding increase in the value of used cars - same as in Covid.
That means at the end of the lease there will be equity in your car: the market value of the car will be higher than the residual. That is why most of us at the end of our lease in Covid winded up buying our cars rather then leasing a new car.
Hope this clarifies.
That means at the end of the lease there will be equity in your car: the market value of the car will be higher than the residual. That is why most of us at the end of our lease in Covid winded up buying our cars rather then leasing a new car.
Hope this clarifies.
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Our IRS stopped that many years ago.
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...24 GLE53
If that is true, do o not expect it to last past May. That is the deadline for EU retaliatory tariffs of 25% unless something is worked out. MB are absorbing losses on cars entering the US as of today to keep some goodwill. That cannot last long because they do not have 25% margin Expect them to stop giving dealers allocations for stock, only factory orders..
And on the financial side, how is this trade war working out for you guys ? The US stock market is doing well? China just added another 50% to US exports this morning. The Dow was up 250 points earlier but on that news, it is now down 750 points.
Why would Congress not put a stop to this. They know he is not a financial genius. He went bankrupt six times. Now he wants to bankrupt your country.
Expect the US and most of the world to go into recession. We will ALL be poorer by the time this ends. Price of. Cars will be the least of our concerns.
And on the financial side, how is this trade war working out for you guys ? The US stock market is doing well? China just added another 50% to US exports this morning. The Dow was up 250 points earlier but on that news, it is now down 750 points.
Why would Congress not put a stop to this. They know he is not a financial genius. He went bankrupt six times. Now he wants to bankrupt your country.
Expect the US and most of the world to go into recession. We will ALL be poorer by the time this ends. Price of. Cars will be the least of our concerns.
Last edited by petee1997; Apr 9, 2025 at 09:30 AM.
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GLE
Interesting that your lease has a 1% buyback: Many years ago, in the 1980's, our leases too had a 10% residual: What happened was the corporation was making the lease payments on behalf of Presidents, Vice Presidents and other high officers of the company. The lease was in the officers name. At the end of the lease, the officer bought the car for 10% and as the car was only three years old, it was worth 60%. The difference was a bonus to the officer.
Our IRS stopped that many years ago.
Our IRS stopped that many years ago.
