Dealer incentives on 09's
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Senior Member
Joined: Apr 2006
Posts: 312
Likes: 30
From: Florida, USA
2017 Rolls Royce Wraith, 1999 CLK Cabriolet, 2023 Genesis G90
FYI
I received a call from my dealer yesterday that MB Financial is offering to pay the last five months of my lease if I get into a new vehicle of the same level, i.e. S, CL, GL, CLS. They'll pay the last three months of the lease if I down-size to, say, a GLK. The only catch: the offer ends Monday 3/30. Talk about short notice! 
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Newbie
Joined: Jan 2009
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From: San Francisco, CA
2006 BMW 525i
The special MF for the diesel is only valid in certain regions. In the Western Region, the MF is slightly more compared to the petrol version. Our GL is on order, so fingers crossed for next month's rates !
Thread Starter
Member
Joined: Mar 2006
Posts: 215
Likes: 64
From: NJ
2009 S550 4Matic 2009 GL 550 2009 AM DBS
I received a call from my dealer yesterday that MB Financial is offering to pay the last five months of my lease if I get into a new vehicle of the same level, i.e. S, CL, GL, CLS. They'll pay the last three months of the lease if I down-size to, say, a GLK. The only catch: the offer ends Monday 3/30. Talk about short notice!
I started this thread to see where the GL pricing was at, so when we picked up the S class, I asked about the GL. I am interested in the GL 550 for my wife and was told I can get one at $500 over invoice, so for a loaded car of MSRP $85, it would be $80.5.
Does this sound good to you guys? I am seeing GL550's around $75-76K for 2009 from the South Carolina dealership. Why would there be a difference of $4-5K, considering that $500 invoice sounds like a good deal or am I missing something?
Senior Member
Joined: Apr 2006
Posts: 312
Likes: 30
From: Florida, USA
2017 Rolls Royce Wraith, 1999 CLK Cabriolet, 2023 Genesis G90
Yes that's true. I just turned in my 07' S550 5 months early (just this past saturday) and got into a 09' S550 4matic with a few more extras than my older one. They paid the last five months (called accelerated program) and got into a new one.
I started this thread to see where the GL pricing was at, so when we picked up the S class, I asked about the GL. I am interested in the GL 550 for my wife and was told I can get one at $500 over invoice, so for a loaded car of MSRP $85, it would be $80.5.
Does this sound good to you guys? I am seeing GL550's around $75-76K for 2009 from the South Carolina dealership. Why would there be a difference of $4-5K, considering that $500 invoice sounds like a good deal or am I missing something?
I started this thread to see where the GL pricing was at, so when we picked up the S class, I asked about the GL. I am interested in the GL 550 for my wife and was told I can get one at $500 over invoice, so for a loaded car of MSRP $85, it would be $80.5.
Does this sound good to you guys? I am seeing GL550's around $75-76K for 2009 from the South Carolina dealership. Why would there be a difference of $4-5K, considering that $500 invoice sounds like a good deal or am I missing something?
Thread Starter
Member
Joined: Mar 2006
Posts: 215
Likes: 64
From: NJ
2009 S550 4Matic 2009 GL 550 2009 AM DBS
If I understood you correctly, the dealer told you that a new GL550 would be $80,500? That's about $4000 over invoice, not the $500 they said. The South Carolina dealers' prices are on par with the invoice price, per Edmunds.com. I wonder who's telling you the truth. I too am interested in a GL550 for my parents, as it's the closest thing to the Premier Edition GL they currently have, with the added bonus of a bigger engine. I drove one the other day and I liked it. It's quieter than our GL and for some reason, even the power steering has a little more boost, which for my dad, 80, is good. I'm a bit out of touch with car buying, so I'm not so sure any more what is a "reasonable" offer to make the dealer. I was taught that anything like 3-5% over dealer cost was a decent price, but nowadays, things have changed so much that I simply don't know. I hope others chime in on this thread and provide some insight.
Senior Member
Joined: Apr 2006
Posts: 312
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From: Florida, USA
2017 Rolls Royce Wraith, 1999 CLK Cabriolet, 2023 Genesis G90
Pateljb, the invoice price for a GL550 with Premium leather, metallic paint, hitch and heated/ventilated seats comes out to about $78,745, according to Edmunds.com. The list price is what's $84,605. If the dealer wants to charge that, then they're not charging you $500 over invoice, but more like $6000. That's not a deal I'd want. What I'd like to know is just how much over the invoice price is considered a reasonable offer. Perhaps someone on this forum can enlighten us.
Super Member
Joined: Jun 2005
Posts: 597
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From: Monterey, CA
'97 E320
IMHO (as an ex-Mercedes salesman) $500 over invoice is a fair price for a current year model minus any trunk money offered at the time. If you are looking at a leftover '08, then it is appropriate to dip into holdback a bit.
But you've got to let people make SOME money...
But you've got to let people make SOME money...
Senior Member
Joined: Apr 2006
Posts: 312
Likes: 30
From: Florida, USA
2017 Rolls Royce Wraith, 1999 CLK Cabriolet, 2023 Genesis G90
IMHO (as an ex-Mercedes salesman) $500 over invoice is a fair price for a current year model minus any trunk money offered at the time. If you are looking at a leftover '08, then it is appropriate to dip into holdback a bit.
But you've got to let people make SOME money...
But you've got to let people make SOME money...
Junior Member
Joined: Oct 2007
Posts: 35
Likes: 0
BMW 530
Pateljb, the invoice price for a GL550 with Premium leather, metallic paint, hitch and heated/ventilated seats comes out to about $78,745, according to Edmunds.com. The list price is what's $84,605. If the dealer wants to charge that, then they're not charging you $500 over invoice, but more like $6000. That's not a deal I'd want. What I'd like to know is just how much over the invoice price is considered a reasonable offer. Perhaps someone on this forum can enlighten us.
Thread Starter
Member
Joined: Mar 2006
Posts: 215
Likes: 64
From: NJ
2009 S550 4Matic 2009 GL 550 2009 AM DBS
Thread Starter
Member
Joined: Mar 2006
Posts: 215
Likes: 64
From: NJ
2009 S550 4Matic 2009 GL 550 2009 AM DBS
Got a call from my salesman, MB announces 1.9% financing for the GL 450 and 550 and lease rates for the 550 in the $1300 range for 12-15K/yr for 36months.
I think with 1.9% financing, I may pull the trigger. This is for the month of April.
I think with 1.9% financing, I may pull the trigger. This is for the month of April.
Senior Member
Joined: Apr 2006
Posts: 312
Likes: 30
From: Florida, USA
2017 Rolls Royce Wraith, 1999 CLK Cabriolet, 2023 Genesis G90
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Member
Joined: Jun 2008
Posts: 127
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Charger, Saab & Aston
Don't buy unless you will keep for 5+ years or you'll be upside-down like a fancy rollercoaster until near the end. With gas prices bound to go up and questionable reliability, the GL 550 won't find much love down the road. Leasing is the way to go for sure if they are a wash financially at this time. 6 months into last year I was offered a GL 550 at 12-13 K off MSRP and decided to pass. With each passing month the price will drop but supply may drop and interest rates change. Since winter is over here in the Northeast, Patel should be able to get one at "real invoice" of under 80 for 84-85 MSRP vehicle. Ask them to show you the invoice. My goal is around 70 for 09 GL 550 with most options and it might take until the summer or so.
Member
Joined: May 2006
Posts: 137
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From: cleveland
Pinto
dick dryer
Member
Joined: May 2006
Posts: 137
Likes: 1
From: cleveland
Pinto
true but they are knocking 5 k off it msrp
have you seen any better deals as of 4/15/09
the clowns at fleetrates.com bait and switch they advertisae gl450 base for 50,975 but we'll see if they really are legit....
