SEXYBEEST

500$ over invoice on fully loaded 2009 gl550

Stumblefoot

Ah... the age old question pops up its head again here on the forum. I'm afraid to say Sexy that it all depends on your definition of the word "good".

To me it sounds like an awesome deal. Keep in mind though that I got one of the first 550's produced in '08 and was happy to pay 1% under MSRP.

However, only you can determine if your deal is good. If you are one of those people who must absolutely get the lowest price compared to everyone else, then no, I'd say it's not the best deal you can get.

Now, you have to decide. How much time do you want to spend, or wait for a better deal than what you have? What constitutes a better deal? Is it another $500 off, or is it $5,000?

Only you know what you can afford, as well as how important price is to your psyche.

If you want the truck, then I say you got a good price and should purchase it so that you can begin enjoying it immediately.

Best Wishes!

tony102385

whats the invoice, also where are you located because I am looking to purchase a 09 gl550 also and was wondering what kind of deal can I expect

SEXYBEEST

thanks for your answer, gosh i guess i just don't want to get screwed, lol. i just don't know what others are paying right now, i know the 08 are getting allot of money off but i really would like the ventilated seats.

SEXYBEEST

i will let you know today, in the socal

oknish

You can get a good deal in SoCal since we have a lot of dealers here. But, you will get the best deal on a car which is already on dealer's lot. I haven't seen any 09 550s on lots yet but then again I haven't looked hard for them either.

Like Stumble said, how much time and energy you want to invest in trying to get the "best" deal possible is where your trade off is. To me, invoice + 500 is a good deal as long as you remember that invoice is around 93% of MSRP.

All the best. You will enjoy a GL.

Stumblefoot

I understand

Check out this thread here started by a fella in the same boat as you.

A lot of folks would agree with you. I'm lucky that I live in a cold environment and don't really need them. However, I sure like my heated seats!

Good Luck!

SEXYBEEST

so the truck has an MSRP OF $84260.00 and has an invoice of $78009. + the $500 on top....
sound OK?

Stumblefoot

Looks good to me as it's 6.8% off of list. I think others here have said that invoice runs about 7% of list, so nothing looks fishy to me.

Let us know if you end up getting it (and of course post the obligatory pics) so that we can welcome you aboard properly!

hdman1216

No one EVER talks about the "dealer holdback" that amounts to 2% - 4% of dealer invoice. That is why almost all buyers think that "invoice " is the magical number. EVERY car company has this so the dealer is guaranteed a profit on each sale.
Plus, dealers make at least 1% on financing.
Don't get me wrong. If it wasn't for these incentives from the factory, we would all be paying MSRP and *****ing more and more.

SEXYBEEST

so i am OK on this deal?

SEXYBEEST

will do, thanks for the help

oknish

Ask yourself that question. You are the one spending the bucks Do you like the car? Does it have the options you want and like? Sleep on it. Don't get too caught up in the "heat of the moment" because then you will have more "buyer remorse". Take your time.

oknish

hdman - that is very true. But you do have to remember that dealer is selling cars to make a profit. An MB dealership is a not a non-profit organization. You can't go into negotiations thinking only of yourself. You have to factor in dealer's profit.

Don't get me wrong, I don't work for a dealer and I love to spend as little as possible on the cars I buy. But it is unrealistic to expect that a dealer will sell a car without making a profit.

Stumblefoot

A different type of dealer perhaps?

oknish

Oh.....that I do

hdman1216

You need to read my post again. Do I EVER say that the dealer should not make a profit? I am simply pointing out that dealers have a built-in profit that most do not realize. The post was just for information and had NOTHING to do with profit.

SEXYBEEST

so it sounds like the dealer makes the built in money and the sales guys split is the negotiated price. ahhhhhh, so if i'm $500 over invoice, he is making $500. is that about it?

oknish

I see what you are saying. I thought you were saying, previously, that one should use holdback in price negotiations too since I have done that before.