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Forgive me if this topic had already been posted elsewhere. I couldn't find any.
Recently I bought a brand new 2020 MB GLB250 4MATIC and thought I would like to share the price paid so others can have a basis for reference in negotiation.
My deal was during the COVID-19 PANDEMIC crisis where the car inventory is piling up across the country.
Our GLB 250 4MATIC has an official FACTORY MRSP sticker of $48XXX. Final negotiated price before tax/tag/other "official government fees" is $42XXX. This works out to be about 11% off the MRSP. I thought I could do better, but unable to push further.
I went with the deal bc with the COVID-19 PANDEMIC SPECIAL MB ZERO DOWN, ZERO PERCENT FINANCING X 36 months AND 90 DAYS DEFERRED FIRST PAYMENT, I thought it's a reasonable deal. Not to mention that the GLB is a brand new model and the demand will likely go up later on. The current inventory for the GLB is somewhat limited. The GLB we bought had literally came off the autotransporter truck with plastic and cardboard wraps.
That's a pretty good deal GLB4US. I hired an advocate to shop around for me at MB dealers in a 350 mile radius to see what we could get done on a factory order 2021 250 FWD to our spec. Following up with a local dealer this morning to see if 2021 pricing is available yet and will forward that sheet to my advocate.
I think the inventory is at all time low now across the board. So now less likely to get as big a discount. But back in April/May.....things were a lot DIFFERENT.
Originally Posted by TylerD83
That's a pretty good deal GLB4US. I hired an advocate to shop around for me at MB dealers in a 350 mile radius to see what we could get done on a factory order 2021 250 FWD to our spec. Following up with a local dealer this morning to see if 2021 pricing is available yet and will forward that sheet to my advocate.
Probably it’s little bit different here in EU. I’ve done research across almost whole country and most of the dealers where giving me up to 11% discount for GLB 35AMG (my own configuration). Luckily I found one and got...16%!!! MSRP was over 72k USD...final 61k USD...BUT i had to sign the paper that will nor resell the car for minimum 6 months.
Probably it’s little bit different here in EU. I’ve done research across almost whole country and most of the dealers where giving me up to 11% discount for GLB 35AMG (my own configuration). Luckily I found one and got...16%!!! MSRP was over 72k USD...final 61k USD...BUT i had to sign the paper that will nor resell the car for minimum 6 months.
I was thinking of buying a glb, found a model with all 4 packages and sirius, list about 50400, or so. Initial ewmail offer was $1700 off list. I said it seemed low, he said high demand, no incentives
I was thinking of buying a glb, found a model with all 4 packages and sirius, list about 50400, or so. Initial ewmail offer was $1700 off list. I said it seemed low, he said high demand, no incentives
I'm new to this forum and my wife is looking to trade in her current vehicle for a GLB 250 4Matic. Does Mercedes offer any finance rebate, lease rebate, or first-time Mercedes driver rebate? We checked out the vehicle at a local dealership and we are planning to shop around for discount.
I just randomly put in 90210 zip code to get price listings. I did see several dealers offering around 8 to 9 percent off MSRP.
Right now MAY NOT BE A GOOD TIME TO BUY bc across the board for NEW and USED cars the inventory is at an all time low. Back in March, April, and May..... inventory was much higher due to the initial shock of the pandemic. Back then very few people dared to go out and risk exposure. The show rooms were essentially closed except for the service department (even so at much reduced traffic). Almost ALL manufacturers offered SPECIAL incentives for both new and used inventory in an attempt to drum up sales traffic.
When we started to look into a new vehicle..... Lexus had NOT started the ZERO PERCENTAGE FINANCING deals. MB had a ZERO PERCENT FINANCING deal but was expiring April 30. Then MB decided to extend the deal to May. BMW had similar deals, but was at 0.9% as I recall.
So I researched using the above websites and went hunting for a GLB. At the time the MB dealership's lot was FULL of cars and I saw TWO semi trucks auto carriers unloading and had no place to put the new cars except onto the dirt lot next to the MB dealer! There were like at least 12 or so brand new GLB's on the lot. We test drove several across it's options range. We picked a middle of road loaded GLB. One feature we really wanted was the bigger dashboard display and the "augmented virtually reality GPS" where as we come to an intersection the front cameras will display"live real time" images of cars/traffic or whatever is in front of the vehicle. We thought this is really cool!!
We gave the dealer a "number" for the price of the GLB 4Matic we had picked out based on the above research. It was a rather low number. Of course the dealership said no can do. And wanted us to come up with our "offer". We did up it by ONE DOLLAR !!! And we were ready to LEAVE!! Remember, you have the power to do so. Of course, we got our deal + ONE DOLLAR!! LOL. Not so sure we can do it again now given the fact that we are on the wrong side of the supply and demand curve.
Maybe at the end of this year will be able to get a better deal? But you run the risk of not getting the GLB with the options you wanted. I think the GLB model will sell very well and therefore not much discounts.
Good luck
Originally Posted by MedicalDocNYC
Hi there,
I'm new to this forum and my wife is looking to trade in her current vehicle for a GLB 250 4Matic. Does Mercedes offer any finance rebate, lease rebate, or first-time Mercedes driver rebate? We checked out the vehicle at a local dealership and we are planning to shop around for discount.
$44xxx out the door USD. California. GLB 250 4MATIC, Grey, 3rd-row seats. I'm quite pleased with the price. Something like 9.7% off MSRP. I used TruCar for the MSRP modifier.
$44xxx out the door USD. California. GLB 250 4MATIC, Grey, 3rd-row seats. I'm quite pleased with the price. Something like 9.7% off MSRP. I used TruCar for the MSRP modifier.
Congrats John. 9.7% off MSRP is a great deal.Is it a custom build or one that was already in the lot or a dealer swap new vehicle? Are you aware of any financing or rebate incentives right now? I will check out Edmund with regards to MF and residual.
I just started shopping for a 2021 GLB 250 4Matic for my wife. A few dealers within the 15-20-mile radius are unable to tell me the MSRP for the 2021 model. Their computers don't have the numbers yet, and they should be available sometime by the end of September. One change in the 2021 model is the built-in front dash camera for recording. One dealer said that the wait time for a custom build will be at least 5-6 months, which is not a problem for my wife since we are not in rush. He said no 10% discount and then started telling me all those BS about Mercedes being a luxury brand and it's rare. I had bought a number of cars over the last two decades and those supply/demand/luxury tricks do not work on me. I will have multiple dealers to compete for my business; that's how I did it for my 2020 BMW X6. If you guys got 9-10%, that's what I will aim for. Thanks for sharing the information. You guys are the best.
I did a test drive today and I think the GLB 250 is fine for my wife with a Mazda CX5.
Last edited by MedicalDocNYC; Aug 29, 2020 at 06:59 PM.
$44xxx out the door USD. California. GLB 250 4MATIC, Grey, 3rd-row seats. I'm quite pleased with the price. Something like 9.7% off MSRP. I used TruCar for the MSRP modifier.
GLB 4Matic in Digital White. Msrp $45845 got 4584 off from dealer so 10% before taxes. Also received a $500 USAA fleet credit. So $5084 off. So really 11%. Car has premium, pana, heated everything, ambient lighting. And that cool paint job. Need some pics during the day.
GLB 4Matic in Digital White. Msrp $45845 got 4584 off from dealer so 10% before taxes. Also received a $500 USAA fleet credit. So $5084 off. So really 11%. Car has premium, pana, heated everything, ambient lighting. And that cool paint job. Need some pics during the day.
Guys, need your inputs on this. A dealer in New Jersey is asking for 1,095 bank fee and $599 document fee for a lease. The $599 document fee consists of $236 clerical expense, $220 document delivery, and $143 filing fee, all of which are bull**** to me. Did you have to pay document fee for a lease? Also, does the $1,095 bank fee for a lease look reasonable? I know BMW charges around $950 for bank fee. Thanks
Last edited by MedicalDocNYC; Sep 21, 2020 at 08:19 PM.
Guys, need your inputs on this. A dealer in New Jersey is asking for 1,095 bank fee and $599 document fee for a lease. The $599 document fee consists of $236 clerical expense, $220 document delivery, and $143 filing fee, all of which are bull**** to me. Did you have to pay document fee for a lease? Also, does the $1,095 bank fee for a lease look reasonable? I know BMW charges around $950 for bank fee. Thanks
Guys, need your inputs on this. A dealer in New Jersey is asking for 1,095 bank fee and $599 document fee for a lease. The $599 document fee consists of $236 clerical expense, $220 document delivery, and $143 filing fee, all of which are bull**** to me. Did you have to pay document fee for a lease? Also, does the $1,095 bank fee for a lease look reasonable? I know BMW charges around $950 for bank fee. Thanks
Here is the definition of an acquisition fee (you called it a bank fee) for a lease:
It is a legitimate charge that is made by the manufacturer on a lease. They are likely marking it up about $300 to get to the $1095. In some cases you may be able to negotiate it a bit.
The doc fee is a charge that is made by the dealer on every sale (both lease and purchase). An overwhelming majority of dealers charge them but the fees tend to vary by state (in terms of how much they will allow a dealer to charge). Most dealers would rather discount the car a little more rather than take one penny off their doc fee. Here is more on this subject (scroll down to the part about doc fees):
Someone else commented that these fees "sound like BS" but they are legitimate fees that the manufacturer and the dealers charge. You can argue that they are excessive or even unfair but again they are a reality.
Guys, need your inputs on this. A dealer in New Jersey is asking for 1,095 bank fee and $599 document fee for a lease. The $599 document fee consists of $236 clerical expense, $220 document delivery, and $143 filing fee, all of which are bull**** to me. Did you have to pay document fee for a lease? Also, does the $1,095 bank fee for a lease look reasonable? I know BMW charges around $950 for bank fee. Thanks
Also sounds fishy to me. I know some states dealers are required to charge a D&H, but the bank fee? That sounds like utter horse sh-i-t. In CO I had a $599 D&H, I just made a point of busting ***** till that $599 came off the invoice price, to then cover said fee they said "I have to pay" Cool and done deal.
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