EQS EQS (V297) sedan

Dealer markup $25 to $50k

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 01-31-2022, 04:45 PM
  #201  
MBWorld Fanatic!
 
SW20S's Avatar
 
Join Date: Jun 2015
Location: Maryland
Posts: 5,819
Received 2,890 Likes on 1,863 Posts
2024 S580
Originally Posted by bnzvett
At the time of the deal you always have leverage (unless there is someone standing next to you at the dealership trying to buy the same car). Remember the saying "a bird in the hand ..". To some dealers, a guaranteed MSRP deal now is better than a potential MSRP + ADM later. If they are smart, they should recognize that there are always some dealers across the US that are willing to sale at MSRP or below and all you need is to find one. You have out of state shipping options which you should be able to get a vehicle shipped anywhere from around 1K and then for custom ordered vehicles some dealerships allow drop shipping for a couple of hundred. If I can't find the one willing dealership now, I will just wait for a 2023, 24, .. no hurry.
The issue is, there literally is someone standing next to you waiting to buy the car if you don't right now. Buyers just don't have any leverage in this market if the dealer truly can sell the car for an ADM.
Old 01-31-2022, 07:53 PM
  #202  
Member
 
svp6's Avatar
 
Join Date: Jun 2007
Location: Minnesota
Posts: 106
Received 53 Likes on 29 Posts
EQS 580
I think they sell the 580s as soon as they arrive, 450s are slower. Today 54 580s for 462 450s on cars.com
Old 02-02-2022, 10:09 PM
  #203  
MBWorld Fanatic!
 
stealth.pilot's Avatar
 
Join Date: Jun 2010
Location: Atlanta
Posts: 2,639
Received 853 Likes on 547 Posts
2022 Mercedes EQS 580
They even want $20k over sticker in Alaska!
Old 02-21-2022, 10:23 PM
  #204  
MBWorld Fanatic!
 
JoeMa's Avatar
 
Join Date: Feb 2013
Location: Reading PA
Posts: 2,475
Received 406 Likes on 284 Posts
23 EQS 580 SUV, 19 X7 (sold), 17/14 GLS550 (sold) 13 GL550 (sold)
I'm revisiting this thread because my local MB dealer finally received an EQS 580 for inventory. I saw it in the showroom over the weekend and texted my SA to ask if it was available. He texted that it was but there was a premium over MSRP. I ask how much and he said he would get back to me on Monday. Today he called and informed the premium is $50k. I laughed out loud and ask if he was serious, he was. I told him that is insane for our area but he feels they will get it. This got to me thinking about a pre-order I have on a BMW iX 50. Would I be facing the same kind of ridiculous markup when it arrives this summer? So I called my BMW SA and ask if they would impose a premium on the iX when it arrives like their counterparts a block away (the same ownership). He assured me they would not be doing that and that I can expect to deal as I always have. He was aware of the MB dealership charging those outlandish premiums and said he thought that would come back to hurt them later when those customers are stuck with a car that isn't worth near what they paid for it. I get that dealerships are struggling for inventory and have overhead but a $50k premium for a $128k car is obscene IMO.
Old 02-22-2022, 08:42 AM
  #205  
MBWorld Fanatic!
 
stealth.pilot's Avatar
 
Join Date: Jun 2010
Location: Atlanta
Posts: 2,639
Received 853 Likes on 547 Posts
2022 Mercedes EQS 580
Originally Posted by JoeMa
I'm revisiting this thread because my local MB dealer finally received an EQS 580 for inventory. I saw it in the showroom over the weekend and texted my SA to ask if it was available. He texted that it was but there was a premium over MSRP. I ask how much and he said he would get back to me on Monday. Today he called and informed the premium is $50k. I laughed out loud and ask if he was serious, he was. I told him that is insane for our area but he feels they will get it. This got to me thinking about a pre-order I have on a BMW iX 50. Would I be facing the same kind of ridiculous markup when it arrives this summer? So I called my BMW SA and ask if they would impose a premium on the iX when it arrives like their counterparts a block away (the same ownership). He assured me they would not be doing that and that I can expect to deal as I always have. He was aware of the MB dealership charging those outlandish premiums and said he thought that would come back to hurt them later when those customers are stuck with a car that isn't worth near what they paid for it. I get that dealerships are struggling for inventory and have overhead but a $50k premium for a $128k car is obscene IMO.
I think what is going on right now is that dealers are adopting one of three policies:
1) ADM on all sales both pre-order and inventory
2) ADM only on inventory, but pre-orders at MSRP
3) No ADM or minimal ADM

Most dealers I have spoken with are in camps 1 or 2. Atlanta dealers typically are 2, but they also refuse to take pre-orders on some cars. For instance you can't order a G-wagon because they want an ADM on it. If anyone knows a dealer who will take a deposit at MSRP for a waiting list on the EQG let me know. My wife really wants that car. But we aren't going to pay ADM for it.
The following users liked this post:
JoeMa (02-22-2022)
Old 02-22-2022, 10:02 AM
  #206  
MBWorld Fanatic!
 
JoeMa's Avatar
 
Join Date: Feb 2013
Location: Reading PA
Posts: 2,475
Received 406 Likes on 284 Posts
23 EQS 580 SUV, 19 X7 (sold), 17/14 GLS550 (sold) 13 GL550 (sold)
Originally Posted by stealth.pilot
I think what is going on right now is that dealers are adopting one of three policies:
1) ADM on all sales both pre-order and inventory
2) ADM only on inventory, but pre-orders at MSRP
3) No ADM or minimal ADM

Most dealers I have spoken with are in camps 1 or 2. Atlanta dealers typically are 2, but they also refuse to take pre-orders on some cars. For instance you can't order a G-wagon because they want an ADM on it. If anyone knows a dealer who will take a deposit at MSRP for a waiting list on the EQG let me know. My wife really wants that car. But we aren't going to pay ADM for it.
The MB SA did say he may have an available allocation for an EQS 580 to be built by June or July and that he could sell it closer to MSRP. I told him that unless he could put it writing that the car would be sold to me at or less than MSRP, I wouldn't be interested. He didn't offer to put it in writing so I said pass. Dealers engaging in price gouging will lose some loyal customers, like me. Thank goodness our BMW dealer isn't gouging their customers.


Old 02-22-2022, 02:54 PM
  #207  
MBWorld Fanatic!
 
stealth.pilot's Avatar
 
Join Date: Jun 2010
Location: Atlanta
Posts: 2,639
Received 853 Likes on 547 Posts
2022 Mercedes EQS 580
Originally Posted by JoeMa
The MB SA did say he may have an available allocation for an EQS 580 to be built by June or July and that he could sell it closer to MSRP. I told him that unless he could put it writing that the car would be sold to me at or less than MSRP, I wouldn't be interested. He didn't offer to put it in writing so I said pass. Dealers engaging in price gouging will lose some loyal customers, like me. Thank goodness our BMW dealer isn't gouging their customers.
Let me know if you need a dealer recommendation.
Old 03-25-2022, 08:38 AM
  #208  
Newbie
 
markupsorg's Avatar
 
Join Date: Mar 2022
Posts: 1
Likes: 0
Received 1 Like on 1 Post
s550
We've begun tracking all MB markups now at the markups site! this should really help folks search and find dealers with the lowest markups over msrp
The following users liked this post:
gfunk6266 (03-25-2022)
Old 03-25-2022, 09:47 PM
  #209  
Junior Member
 
jhpiipe's Avatar
 
Join Date: Apr 2014
Location: Pittsburgh, Pa
Posts: 36
Received 30 Likes on 16 Posts
2016 S550 4Matic sedan: 2016 Sprinter Van 4 wheel drive diesel, 2020 AMG E53 coupe, 2022 EQS AMG
Bobby Rahal, Pittsburgh, does not sell cars over MSRP. The dealership will state this from the beginning and they stand by that.
Old 03-26-2022, 05:47 PM
  #210  
Newbie
 
FLgator2023's Avatar
 
Join Date: Mar 2022
Posts: 1
Likes: 0
Received 0 Likes on 0 Posts
SL550
so if ya'll can be patient, you will be able to get a 580 at MSRP or below. When the SUV version comes out everyone will be after it. That will reduce demand significantly. Next when the chip shortage corrects itself in the next 24 months, they can increase production. And finally when the market crashes and these paper rich stock traders lose most of their wealth, prices on all luxury goods will fall.
Old 03-26-2022, 07:02 PM
  #211  
Junior Member
 
Groundhog101's Avatar
 
Join Date: Aug 2015
Posts: 45
Received 5 Likes on 5 Posts
GLS550
Not sure but certainly demand n supply…https://www.vonhousen.com/inventory/...ff8ke4ma553701
Old 03-27-2022, 05:26 AM
  #212  
Member
 
cyber3d's Avatar
 
Join Date: Feb 2016
Location: Los Angeles
Posts: 169
Received 13 Likes on 12 Posts
GLC 300
Originally Posted by markupsorg
We've begun tracking all MB markups now at the markups site! this should really help folks search and find dealers with the lowest markups over msrp
Can you post the URL for this site?
Old 03-31-2022, 01:34 AM
  #213  
Junior Member
 
haYnBenz's Avatar
 
Join Date: Dec 2015
Location: Honolulu, HI
Posts: 54
Received 28 Likes on 17 Posts
2022 EQS 450+
Originally Posted by cyber3d
Can you post the URL for this site?
It's the poster's screen name: "markups.org". Tried it but did not find it very useful.

I'm looking to buy an EQS 450+ at MSRP near the western US myself.



Last edited by haYnBenz; 03-31-2022 at 01:37 AM.
Old 03-31-2022, 09:15 AM
  #214  
Super Member
 
CincyMBGuy's Avatar
 
Join Date: Dec 2021
Location: Ohio
Posts: 918
Received 361 Likes on 257 Posts
'16 C450, '21 Dad Wagon Pilot, '22 Wrangler 4xe
Originally Posted by haYnBenz
It's the poster's screen name: "markups.org". Tried it but did not find it very useful.

I'm looking to buy an EQS 450+ at MSRP near the western US myself.
My dealership and one other that I'm aware of in the area is MSRP on them. I'd be surprised to find a Kia Rio at MSRP out west, some that I've seen are ridiculous.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.

Quick Reply: Dealer markup $25 to $50k



All times are GMT -4. The time now is 08:12 AM.