Credit Union pricing vs dealer haggling
#1
Junior Member
Thread Starter
Credit Union pricing vs dealer haggling
We're going through our CU for a 2017 GLC300. Seems simple enough: We test drove a RWD model at a local dealer, told the CU rep what options we wanted and were provided a price for a somewhat loaded model (Premium Package 2) at 5.5% under MSRP. On a "more" loaded model (Premium Package 3), we would receive a discount of 10% under MSRP.
Thoughts from the peanut gallery on this?
Who's gone through their CU like this? Would you recommend it or go through dealers for the best price?
I see that others are getting 10-14% under MSRP...and I want that!
Note: The CU did offer to buy my existing car (paid off) for KBB value.
Thanks.
Thoughts from the peanut gallery on this?
Who's gone through their CU like this? Would you recommend it or go through dealers for the best price?
I see that others are getting 10-14% under MSRP...and I want that!
Note: The CU did offer to buy my existing car (paid off) for KBB value.
Thanks.
#3
Junior Member
Thread Starter
Yup, that's what we're doing. The CU pricing is now at 7% under MSRP and I'm working with 3 other dealers to beat that.
El Cajon MB wouldn't drop below MSRP so I moved on to Keyes and HOI.
Looks like we will be in our new GLC300 this week!
El Cajon MB wouldn't drop below MSRP so I moved on to Keyes and HOI.
Looks like we will be in our new GLC300 this week!
#4
I would contact few dealerships around you.
Just under 2 months now I got new 2016 GLC at Long Beach Mercedes for 19% off MSRP and received all weather mats, cargo tray, and sun shade. I also was able to put 5k on my Chase Reserve credit card to get that bonus of spending 4k in first 3 months.
Just under 2 months now I got new 2016 GLC at Long Beach Mercedes for 19% off MSRP and received all weather mats, cargo tray, and sun shade. I also was able to put 5k on my Chase Reserve credit card to get that bonus of spending 4k in first 3 months.
#5
MBWorld Fanatic!
A San Diego guy working with the Valley .... you can face-to-face with any dealer and meet/beatr....SD MB, Hoehn, Escondido Motors, even Temecula... sounds like a internet brain drain... . you have to end up on a dealer lot in the end .. don't make it too hard...
#6
Junior Member
Thread Starter
Spoke with salespeople from HOI, Keyes and a local dealer. They either stuck with MSRP, met my credit union pricing or got back to me after I'd made a purchase.
Was told by one salesman that he could've made me a better deal if I would've worked with him. I said I wished he would've gotten back to me sooner than 48 hours later.
My opinion of going the credit union route: The upsides are no pressure, ho haggling and they buy your trade-in for KBB pricing. The downside was that I likely could've scored another 3-6% below MSRP by continuing to shop and haggling with dealers within 1500 miles.
I'm satisfied with the route we took.
Was told by one salesman that he could've made me a better deal if I would've worked with him. I said I wished he would've gotten back to me sooner than 48 hours later.
My opinion of going the credit union route: The upsides are no pressure, ho haggling and they buy your trade-in for KBB pricing. The downside was that I likely could've scored another 3-6% below MSRP by continuing to shop and haggling with dealers within 1500 miles.
I'm satisfied with the route we took.
#7
Junior Member
Thread Starter
OK, we just took delivery of our GLC300, right off the boat. We got everything we wanted and received 7% off MSRP.
Happy with the credit union purchase program vs haggling with a dealer.
Have only put 60 miles or so on it but so far, so great!
Happy with the credit union purchase program vs haggling with a dealer.
Have only put 60 miles or so on it but so far, so great!
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#9
Senior Member
Loyalty can also reduce the stress. I just ordered a GLC thru a dealer in MD that I have purchased 4 cars from. There was no negotiation necessary, he quoted 7.5% off and any MB incentives available at the time of delivery. Here in NC at two dealers it is 1-2% off.
I probably left something on the table but am pretty happy. He made a slight modification to the build for me and it will be available in March.
I probably left something on the table but am pretty happy. He made a slight modification to the build for me and it will be available in March.