Maybach GLS600 sold w/$100k market adjustment
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Out Of Control!!
Joined: Sep 2018
Posts: 14,695
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From: unbegrenzt
2017 GLE350 4MATIC
Maybach GLS600 sold w/$100k market adjustment
Picked up a set of wipers for the W166 for $58 after a 15% first time customer discount. Thanks Santiago!
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
Last edited by chassis; Nov 1, 2021 at 06:33 PM.
Member
Joined: Jun 2020
Posts: 112
Likes: 34
2012 E350, 2020 GLS450
Just today I saw a used GLS63 with just a bit over 1000 miles at a dealer in SoCal do a 60k markup over MSRP., used G550 with over 6000 miles for 80k MSRP. These weren't sold and were just listed, but just seeing these listed from the dealers are pretty crazy to me.
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Joined: Apr 2019
Posts: 1,564
Likes: 455
From: Scottsdale AZ
2015 CLS 550 2015 ML 400 Previous 2020 GLB 250 2019 A 220 2005 ML 350 1989 300 E 2001 SL 500
Picked up a set of wipers for the W166 for $58 after a 15% first time customer discount. Thanks Santiago!
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
Daimler has already said they won't build as many cars as before the pandemic. They like the higher transaction prices. Don't have to spend any money on incentives.
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Joined: Feb 2019
Posts: 1,946
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From: USA
N/A
Picked up a set of wipers for the W166 for $58 after a 15% first time customer discount. Thanks Santiago!
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
MBWorld Fanatic!
Joined: Jun 2009
Posts: 3,041
Likes: 125
From: Atlanta Metro
Current: C217 V12TT AMG Previously: C55 AMG, SL65 AMG
I was very surprised when I was in Europe many years ago, and yes, the only cars at the dealership were a few for display and test drives. You had to order your car, and wait for it to arrive. Blew me away. I was used to going to a local dealership, see a bunch of colors, options, and eventually find the right combination I wanted, within a reasonable driving distance. I wanted a car, and I wanted a car today darnit!
With the pandemic and now the flip side with a chip shortage, I also think that the days of going to dealers that have 300+ cars to choose from on the lot are over. Dealers will have a certain number of vehicles in inventory for folks who are willing to purchase "today", but for the rest, it probably will be via order. This is good and bad, as MSRP's may start to become more firm and less room for negotiation. Which isn't necessarily a bad thing, as honest, up-front pricing where you don't have to deal with a salesman isn't a bad thing. And/or it will definitely make the incentive space rethink how it works, as you'll have to figure out other ways to entice a customer how to buy a car, because cutting an "extra $2000 today!" isn't going to work anymore.
It will be interesting to see what automakers stick with the current model today. If you can put someone in a car today, that's a win. And we all know how impatient we are as human beings...
With the pandemic and now the flip side with a chip shortage, I also think that the days of going to dealers that have 300+ cars to choose from on the lot are over. Dealers will have a certain number of vehicles in inventory for folks who are willing to purchase "today", but for the rest, it probably will be via order. This is good and bad, as MSRP's may start to become more firm and less room for negotiation. Which isn't necessarily a bad thing, as honest, up-front pricing where you don't have to deal with a salesman isn't a bad thing. And/or it will definitely make the incentive space rethink how it works, as you'll have to figure out other ways to entice a customer how to buy a car, because cutting an "extra $2000 today!" isn't going to work anymore.
It will be interesting to see what automakers stick with the current model today. If you can put someone in a car today, that's a win. And we all know how impatient we are as human beings...
Last edited by Viper98912; Nov 2, 2021 at 09:26 PM.
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Joined: May 2021
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From: Sweden
GLS 580
I can confirm that in most (all?) of Europe, there are a few example cars in the showroom and for test drives (for nearly all brands), but you have to order to buy most of the time. My husband bought a CLS 53 AMG in 2019 off the showroom floor, but it was because someone had ordered it and then declined to take delivery for some reason. I ordered my GLS in June 2020, and took delivery April 2021. That is typical.
Senior Member
Joined: Jan 2013
Posts: 421
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2021 V167
Martket Adjustments
These market adjustments are nuts...
100k on remaining G63s
200k on Black Edition GTs
even 10-15k on regular GLEs/GLSs...
I am friends with a owner that has several MB dealers. He says with sales of higher optioned cars even at less volume they are making more money by far. Some higher demand models they end up taking the best offer on. I personally do not mind paying MSRP for something I really want and do not mind waiting for a custom order. But Market Adjustments are so crazy that I do not think the market can sustain the premium fees? who knows, maybe I am wrong.
Its interesting to see the MB brand go from trying to have everything to an entry level A class to Uber expensive Maybach models to small volume, premium priced (an no entry level) vehicles. With the upcoming shift to the EQS and beyond prices are certainly not coming down. Desirable models in the used segment will likely really hold their value.
Interesting times for sure to be a consumer.
100k on remaining G63s
200k on Black Edition GTs
even 10-15k on regular GLEs/GLSs...
I am friends with a owner that has several MB dealers. He says with sales of higher optioned cars even at less volume they are making more money by far. Some higher demand models they end up taking the best offer on. I personally do not mind paying MSRP for something I really want and do not mind waiting for a custom order. But Market Adjustments are so crazy that I do not think the market can sustain the premium fees? who knows, maybe I am wrong.
Its interesting to see the MB brand go from trying to have everything to an entry level A class to Uber expensive Maybach models to small volume, premium priced (an no entry level) vehicles. With the upcoming shift to the EQS and beyond prices are certainly not coming down. Desirable models in the used segment will likely really hold their value.
Interesting times for sure to be a consumer.
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MBWorld Fanatic!
Joined: Apr 2019
Posts: 1,564
Likes: 455
From: Scottsdale AZ
2015 CLS 550 2015 ML 400 Previous 2020 GLB 250 2019 A 220 2005 ML 350 1989 300 E 2001 SL 500
These market adjustments are nuts...
100k on remaining G63s
200k on Black Edition GTs
even 10-15k on regular GLEs/GLSs...
I am friends with a owner that has several MB dealers. He says with sales of higher optioned cars even at less volume they are making more money by far. Some higher demand models they end up taking the best offer on. I personally do not mind paying MSRP for something I really want and do not mind waiting for a custom order. But Market Adjustments are so crazy that I do not think the market can sustain the premium fees? who knows, maybe I am wrong.
Its interesting to see the MB brand go from trying to have everything to an entry level A class to Uber expensive Maybach models to small volume, premium priced (an no entry level) vehicles. With the upcoming shift to the EQS and beyond prices are certainly not coming down. Desirable models in the used segment will likely really hold their value.
Interesting times for sure to be a consumer.
100k on remaining G63s
200k on Black Edition GTs
even 10-15k on regular GLEs/GLSs...
I am friends with a owner that has several MB dealers. He says with sales of higher optioned cars even at less volume they are making more money by far. Some higher demand models they end up taking the best offer on. I personally do not mind paying MSRP for something I really want and do not mind waiting for a custom order. But Market Adjustments are so crazy that I do not think the market can sustain the premium fees? who knows, maybe I am wrong.
Its interesting to see the MB brand go from trying to have everything to an entry level A class to Uber expensive Maybach models to small volume, premium priced (an no entry level) vehicles. With the upcoming shift to the EQS and beyond prices are certainly not coming down. Desirable models in the used segment will likely really hold their value.
Interesting times for sure to be a consumer.
I think you have to keep in mind that there are a lot of people out there with a lot of money. More so than ever before.
For these people, time is money. They are too busy to worry about having to spend extra for what they want.
An alien concept to people here, but it is real.
I do think with lower numbers of cars you will see transaction prices a lot closer to MSRP. No more 12% off.
The "volume" dealers will have to re-think their sales strategies.
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Super Member
Joined: Jan 2002
Posts: 560
Likes: 50
From: New York City
Chevrolet Chevette, Ford Pinto, Pontiac Aztek, Trabant, Yugo GV (and all the worst cars ever built)
You guys should look at the Rolex market. No new inventory and if you wanted to buy a brand new stainless steel submariner, which retails for about $10,000, you have to order and wait 5 or 6 years.
Otherwise, you can buy a used 5 to 10 year old one for $25,000. A stainless steel watch, a quarter of the price of a brand new GLS 450
And why is this? Because Rolex, like Mercedes, know that there is a strong demand for their commodities.
And the less availability in the market, the stronger the demand and the higher the price.
I am an economist and I work in finance.
I also own a few rolexes and MBs.
.
Otherwise, you can buy a used 5 to 10 year old one for $25,000. A stainless steel watch, a quarter of the price of a brand new GLS 450
And why is this? Because Rolex, like Mercedes, know that there is a strong demand for their commodities.
And the less availability in the market, the stronger the demand and the higher the price.
I am an economist and I work in finance.
I also own a few rolexes and MBs.
.
Thread Starter
Out Of Control!!
Joined: Sep 2018
Posts: 14,695
Likes: 4,586
From: unbegrenzt
2017 GLE350 4MATIC
Fully agree with @Paxfobiscum on supply-demand impact on price. I consider myself a hands-on economist in my day job in business leadership threading needles to achieve financial performance, and supply-demand impacts on price are easy to see.
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Joined: Oct 2018
Posts: 3,360
Likes: 1,529
From: Washington DC
No more MB:(
You guys should look at the Rolex market. No new inventory and if you wanted to buy a brand new stainless steel submariner, which retails for about $10,000, you have to order and wait 5 or 6 years.
Otherwise, you can buy a used 5 to 10 year old one for $25,000. A stainless steel watch, a quarter of the price of a brand new GLS 450
And why is this? Because Rolex, like Mercedes, know that there is a strong demand for their commodities.
And the less availability in the market, the stronger the demand and the higher the price.
I am an economist and I work in finance.
I also own a few rolexes and MBs.
.
Otherwise, you can buy a used 5 to 10 year old one for $25,000. A stainless steel watch, a quarter of the price of a brand new GLS 450
And why is this? Because Rolex, like Mercedes, know that there is a strong demand for their commodities.
And the less availability in the market, the stronger the demand and the higher the price.
I am an economist and I work in finance.
I also own a few rolexes and MBs.
.
Rolex forums are loaded with investment and return advice, whereas car forums are not. As for the 25K steel sub, not sure which model you are talking about unless a Hulk? Congratulations on owning a few Rolex watches, how special.
As for dealers going the European route, I can see this happening. Limited inventory at times commanding premium, or order your vehicle. However I can also see major market dealers demanding inventory to stay competitive as there is a strong market of buyers that buy same day/week and don't want to wait, will shop hard.
Last edited by places; Nov 7, 2021 at 10:58 AM.
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S580
Member
Joined: Sep 2019
Posts: 126
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From: New York City
2020 GLS 450, 2024 GLS 580
Picked up a set of wipers for the W166 for $58 after a 15% first time customer discount. Thanks Santiago!
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
Walked through the showroom and a 2021 Maybach GLS600 had a sold sign on it with a $100k market adjustment. Total price approx $300k. Grey/silver over blue. Nice ride.
Salesman said he thinks MBAG/MBUSA might be migrating the go to market approach to be custom order only. Showroom inventory was very thin, this is in a large metro area.
He said the Europe market is this way today - no dealer stock, order only. Any comments on this?
Junior Member
Joined: Mar 2015
Posts: 60
Likes: 31
From: Maryland
2024 GLS580 / 2017 E300 / 2014 ML350 Former: 2012 E350
When we ordered our 24 GLS we didn't have an unpleasant experience. We were very quickly in the queue and got exactly want we wanted less than 60 days later. The dealership was able to quickly identify a modifiable order with another dealer and they happily traded it. With the ongoing chip shortage, it makes sense that they have to allocate their inventory and dealerships are able to trade as they wish. I don't see it as an issue and it fosters cooperation between dealers. Communication was terrible, but that was an issue with our salesman. The sales manager gave us all sorts of details on the build anytime we called. Years ago, when we purchased our first MB, the cooperation between dealers was horrendous and every dealer we worked with flat out refused to help us get a vehicle located at a dealer in another region.
We also looked into building a BMW this year. They definitely provided more customization options and the ability to make changes that were not standard, but we weren't looking for that, so not being able to do that with MB was no loss.
We also looked into building a BMW this year. They definitely provided more customization options and the ability to make changes that were not standard, but we weren't looking for that, so not being able to do that with MB was no loss.
Member
Joined: Sep 2019
Posts: 126
Likes: 30
From: New York City
2020 GLS 450, 2024 GLS 580
Getting a truly custom MB in 60 days is pretty unheard of, as many in this forum have lamented, but very glad you somehow did it. If that happens, I can see why you wouldn't have issues with that process. But I waited 10 months for a highly optioned vehicle without a whole lot in the way of feedback during that time. My dealer genuinely seemed as frustrated as I was.
Junior Member
Joined: Mar 2015
Posts: 60
Likes: 31
From: Maryland
2024 GLS580 / 2017 E300 / 2014 ML350 Former: 2012 E350
We were definitely lucky the dealer found a 580 in the queue that was already planned for the executive rear seat package. From what I understand the extra chip needed for that option could have easily pushed us to the 2025 MY. The timing just happened to be perfect. So much so, we barely finalized our decisions before it was locked.
I get that everyone's experience is different, but I would have happily waited longer for our fully equipped 580; it's part of custom ordering a car. If we weren't ok with it we would have simply picked something off the lot. However, I will admit we aren't the typical consumer in this regard. We've waited 3 years for a pinball machine to be delivered....
I get that everyone's experience is different, but I would have happily waited longer for our fully equipped 580; it's part of custom ordering a car. If we weren't ok with it we would have simply picked something off the lot. However, I will admit we aren't the typical consumer in this regard. We've waited 3 years for a pinball machine to be delivered....
