dmb7

Hello All,

Taking the plunge and buying my first Benz. I’ve never had to negotiate for a vehicle in the past because my cousin works for Toyota and he has always taken good care of us.

After emailing a few dealers, I’ve been offered 5% off MSRP on a custom built GLS 450. I also have an offer for the 7/100 warranty for $4,200. I plan to pay cash.

Just wanted a little feedback to make sure I’m not overpaying!

Thanks in advance!

paulmj1

Regardless of the deal you make, NEVER announce that you’re planning to pay cash. The dealer makes money on financing. Once your deal is made and you go in to the F&I dungeon to do the paperwork, then you can tell them, By the Way, I’m paying cash. Also, don’t buy the extended warranty from your selling dealer. Jeff at the MB dealer in Louisville will sell you the MB warranty at a discount. On my 7/75 I got 30% off. Just do it within 30 days of taking delivery.

Why pay cash? You can get <3% financing on a 72 month bank loan. Use the cash to buy AAPL and you’ll be way ahead.

jbattan

I’d suggest AAPL, not APPL. Apple stock has been so good to me, it paid 100% of my GLS 63 and Bentley Bentayga (both bought used).

jbattan

But yes, 5% off is a good deal on the GLS 450 given that it is in high demand. I got 8% off my GLS 63 from a small-town dealer that mostly sells GLC/C Class.

nc211

I got 6% all-in, but if I broke it down, it was more like 5% plus a $500 discount my employer automatically qualified me for to push to around 6%. So I think you’re getting a fair deal here as well.

Buy the extended warranty afterwards from another dealership (look around this forum for names). You can save a good bit that way for the same warranty.

I tried for the special employee discount called DD1, which is 12%, but the GLS isn’t part of that program with MB in general. Probably needs a couple of years in market before that would happen.

paulmj1

Typo. AAPL it is. We’ve owned it for 15 years. Life changer.

paulmj1

Tafel Motors in Louisville. Contact Jeff Jeffries.

dmb7

Hello All,

In case you were interested, I ended up getting a couple of offers at 7.5% off. Not sure if I could have done better, but I was happy with the guy I was working with and pulled the trigger.

I contacted Jeff about the warranty and $4,200 was his offer, so that may have been the best I could do there.

As far as financing, I am truly allergic to monthly payments, but I think you’re right, it makes sense to finance and invest the cash.

Thank you everyone for your input!