$15k Dealer Incentive
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Joined: Oct 2007
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From: United States
2008 R350 & 2008 C300
$15k Dealer Incentive
Was looking at my dealerships website and under specials it listed that all R classes had up to a $15k incentive for the month of November. Yes I realize this is December now, but I'm willing to bet it will carry over till the end of the year.
Junior Member
Joined: Dec 2008
Posts: 17
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From: Bay Area, CA
CLK320
[quote=chilledbenz;3195846]Was looking at my dealerships website and under specials it listed that all R classes had up to a $15k incentive for the month of November. quote]
I saw a 10k manufacturer to dealer incentive until Dec 1st. I haven't seen one at 15k. That would mean I should be getting an even better deal!
I saw a 10k manufacturer to dealer incentive until Dec 1st. I haven't seen one at 15k. That would mean I should be getting an even better deal!
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Joined: Oct 2008
Posts: 141
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R350 | X1 | Cayenne
Yeah. It's the best year to get a new R class. I got mine @ 15k off MSRP. It's funny, I accidentally saw an invoice for another customer when I was picking up my car. The guy paid more for a 2007 R350 P1 CPO than what I paid for a brand new 2008 with P2. Of course I just kept quiet about it - as what my salesman said.
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Joined: Jul 2004
Posts: 202
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From: Northern California
2011 BMW X5d, 2011 Nissan Leaf and Kubota L39 Tractor!
A $15K incentive and $15K off MSRP can be two different things. If there is a $15K incentive one should be able to get much more than that off MSRP.
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Joined: Oct 2008
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R350 | X1 | Cayenne
I believe there was up to 12k in total incentives (off MSRP) but the salesman really was desperate to make the sale. After so much haggling, I have gotten up to 15k off.
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Joined: Aug 2007
Posts: 236
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From: Dallas, Texas
R350 4-matic
I picked up my car this morning, and saw a guy picking up his R500 so I went over and introduced myself, and told him about the site.
After talking a bit I got a sneak at his paperwork, and for a '06 R500 CPO he was going out the door for $27k. The car had 12k miles on it.
So I go over to the sales guy and start talking about the '08 R350 for my wife, and after about 20 minutes, he says if I'll buy the '07 on the floor w/ P2, roof, back-up, DVD headrests and i-pod, he'll go out the door for $40k. I come back with "at auction they're even lower w/ low miles", and he immediately comes back with $37k. I say I'll see him at the end of the year...
Wife is getting a new car for X-mas.
The deals are flying right now if you've got financing or can buy out right.
After talking a bit I got a sneak at his paperwork, and for a '06 R500 CPO he was going out the door for $27k. The car had 12k miles on it.
So I go over to the sales guy and start talking about the '08 R350 for my wife, and after about 20 minutes, he says if I'll buy the '07 on the floor w/ P2, roof, back-up, DVD headrests and i-pod, he'll go out the door for $40k. I come back with "at auction they're even lower w/ low miles", and he immediately comes back with $37k. I say I'll see him at the end of the year...
Wife is getting a new car for X-mas.
The deals are flying right now if you've got financing or can buy out right.
Junior Member
Joined: Dec 2008
Posts: 17
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From: Bay Area, CA
CLK320
08 R350 P1, with wheel upgrade MSRP 50395. Dealer demo with about 600 miles.
Dealer final sales price offer 35k. However I don't want to pay for the depreciation so went for a lease deal. In 2000 miles I won't be able to sell it for more than 27 if at all in todays market.
Their final lease offer was 35k 41% residual with a money factor of 0.00425 or 10.2% (ooof!)
My final offer was 35k 55% residual with a money factor of 0.00229 or 5.5%.
I passed... If anyone wants it I will refer you to the dealer if you like.
Dealer final sales price offer 35k. However I don't want to pay for the depreciation so went for a lease deal. In 2000 miles I won't be able to sell it for more than 27 if at all in todays market.
Their final lease offer was 35k 41% residual with a money factor of 0.00425 or 10.2% (ooof!)
My final offer was 35k 55% residual with a money factor of 0.00229 or 5.5%.
I passed... If anyone wants it I will refer you to the dealer if you like.
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MBWorld Fanatic!
Joined: Mar 2003
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From: SF
07 E63 06 CLK55 Cab 03 P-car C4S
i wonder what your monthly payments would be on a purchase w/ MB's 3.99%? i don't think the pymts would be too different than leasing a new car w/ such lousy money factor/residual. if you really want to limit your dnside, i think buying 06/07 CPO at 3.99% will be even better for that. just an idea.
Patrick
Patrick
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1989 Toyota Tercel EZ - dyno'd @ 70whp/77wtq
Yeah... I felt lucky I didn't buy one 2 months ago (most dealers here asking around $29-31K for '06 not-so-low-mile CPO 350's).
Now... it seems they are asking for at most $29-30K for low-mile CPO 350's (<23K miles), and as low as $19K for 30K-ish miles non CPO non loaded. I'm guessing I could get one now for around $25-27K OTD for CPO's or low/sub 20's for non CPO's.
No offense to current owners
I hope I could fetch a well-optioned CPO one in Jan/Feb for around $21K OTD
Now... it seems they are asking for at most $29-30K for low-mile CPO 350's (<23K miles), and as low as $19K for 30K-ish miles non CPO non loaded. I'm guessing I could get one now for around $25-27K OTD for CPO's or low/sub 20's for non CPO's.
No offense to current owners
I hope I could fetch a well-optioned CPO one in Jan/Feb for around $21K OTD
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Joined: Jan 2002
Posts: 1,265
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From: Nashua, NH
2008 VW GTI
Zoink, me too.
We were looking at preowned E-Class wagons and recently got turned on to the R-Class after seeing prices in the mid-20s. 40k+ miles doesn't scare me so I'm hoping to find something under $20k next year.
We were looking at preowned E-Class wagons and recently got turned on to the R-Class after seeing prices in the mid-20s. 40k+ miles doesn't scare me so I'm hoping to find something under $20k next year.
