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Dealer Markup

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Old 09-29-2022, 07:34 PM
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Dealer Markup

Are all dealers charging over MSRP on the EQS SUV? I ordered one awhile back and it was available for pickup today. When I ordered it I was told we could possibly get MSRP on the car (given there was no pricing yet), but now the dealer said they will charge $10k MSRP. Is this typical?
Old 09-29-2022, 07:44 PM
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A lot are, but I also think a lot aren't. I ordered mine from a dealer that told me no markup from the beginning. Local dealer told me markup but when their first car came in the first day and I went to test drive it, he was willing to sell me that car at MSRP if I was ready to drive it home. But it wasn't the color and options I wanted.

I would play hardball with your dealer...car prices are going to come down fast. did you see Carmax's financials for the last quarter?

https://www.google.com/amp/s/finance...143640081.html

Also I will add there are many EQS SUV on Autotrader and CarGurus. You can call around and make an offer if you find something close to what you want.

Old 09-29-2022, 07:59 PM
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I know dealerships need to make a profit to pay the overhead and survive but customers will remember who charged over MSRP. The Houston, Texas area has 5 large MB dealerships so one can enquire at all 5 places to see if they will make any type of deal or not.
Old 09-29-2022, 09:58 PM
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Call around, dealers in Chicago are asking up to $25k over.
I've told them absolutely no way.
I'm working with a dealer in Michigan on a custom order and they are doing MSRP only. I would 100% not pay this "Market Pricing" mark up right now.
Old 09-29-2022, 10:12 PM
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Originally Posted by jacec
Call around, dealers in Chicago are asking up to $25k over.
I've told them absolutely no way.
I'm working with a dealer in Michigan on a custom order and they are doing MSRP only. I would 100% not pay this "Market Pricing" mark up right now.
Motorwerks in Barrington did MSRP, I have purchased from them before, so not sure if that had something to do with it.
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Old 09-29-2022, 10:35 PM
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I bought my 580 on the lot at MSRP. I didn’t order one.
Old 09-29-2022, 11:08 PM
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Awesome! What was your build details?
Old 09-29-2022, 11:28 PM
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Mine is a 580 with pretty much all the trimmings except the augmented reality HUD. It was one of the cars they already had on order that I snagged. Build date is November.
Old 09-30-2022, 12:01 AM
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Mine 580 is pretty basic with third row seats.
Black Exterior
MSRP $129980
Old 09-30-2022, 01:19 AM
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Just walk away unless you've already put down deposit. Also share the dealer's name so that we can all avoid them.
Old 09-30-2022, 02:35 AM
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I can understand mark up on cars that are on the lot because of the convenient of not having to wait. But for custom orders??? That’s just so wrong.

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