love2skiutah

I am purchasing 2 S550's in the next 30 days.

My dealer in Salt Lake told me that I can have $500 over invoice and that I can order any options that I would like.

My questions is....

How do I figure out what invoice is?

How do I know if the dealer is telling the truth when they start giving me numbers?

If I have a fully loaded S550 MSRP around 92K, what is the ballpark Invoice number on it?? Does anyone have an idea??

Nevada Jack

Multiply the MSRP (before Shipping of $775) by 7%. Then add back the $775. This will give you very close to invoice on any MB car.

Z356

Utah: A fully loaded '08 S550 is a heck of a lot more than 92K, so keep that in mind. A S550 4-Matic is 2008 Mercedes-Benz S-Class is approx. $3K more - MSRP $89,700/Invoice $83,421. Options are same price but you can't order ABC. Source is Edmunds and info is available to all on the web. Z356

2008 Mercedes-Benz S-Class
S550 4dr Sedan (5.5L 8cyl 7A) MSRP / Invoice
National Base Price $86,700/ $80,631
Options
321 AMG Sport Package $5,630/ $5,236
487 Active Body Control (ABC) $3,920/ $3,646
325 Rear Seat Package $2,920/ $2,716
233 Distronic Plus $2,870/ $2,669
P02 P02: Premium II $2,860/ $2,660
432 Drive Dynamic Multicontour $1,820/ $1,693
610 Night View Assist info $1,795/ $1,669
P01 P1: Premium I $1,250/ $1,163
R85 19" 9 Double-Spoke Wheel $1,210/ $1,125
413 Panorama Sunroof $1,010/ $939
R67 18" 5-Spoke Chrome $1,010/ $939
218 Rear View Monitor $750 / $698
297 Power Rear Sunblinds $710/ $660
289 Wood/Leather Steering Wheel $560/ $521
443 Heated Steering Wheel $460/ $428
057 iPod Integration Kit info $425/ $395
229 Park Assist info $0/ $0
23R 18" 7 Split Spoke Alloy Wheel $0/ $0

love2skiutah

Right.. I know.. I was just saying 92K as an example...

l

DaCeptak0n

First you said you were buying 2 S500's, but you're putting out S550 numbers?

love2skiutah

I meant 2 say "2 S550's"

allminesl550

I could be wrong but I think NJ means multiply MSRP by 93% for dealer invoice.
Be sure he means year 08 before signing on the dotted line! He may have a ****load of 07s with various options scattered throughout the country to draw from.
They look an awful lot alike!

Nevada Jack

Yeah...the 7% will give you the amount of the mark-up ...:-)

CoogiMan

So getting 7% off of sticker is a fantastic deal? Or just a mediocre deal..2008 with about 90 percent options.

What is the absolute lowest that a dealer can sell the car to the consumer without going into their own pockets?

Thanks.

Coogi

nopepper

pm me your email. I have access to true invoice cost on all vehicles

trumpet1

Their is a large (no HUGE) markup. I bought a 2006 CL500 for $75K that had an MSRP of $105,000. Brand new with no miles.

Also, remember that many 2006 CL65s and S65s were sold at $70,000 discounts. Unless Mercedes-Benz AG was giving up this money back to the dealerships, these dealers were really sticking the buyers at MSRP. And to think when these cars first came out, I saw some on dealer floors marked up even higher at $220,000!!!! . You know darn well they didn't take a loss even at those low numbers, so you have to conclude that those sales were digestible to the dealers with some profit or they wouldn't have sold them. This also explains why my $145K 2007 S600 dropped to a low of $110K at wholesale within minutes after the sell. Their is a reason they won't give you much for a car once it's been sold.

Z356

The numbers I posted for a 2008 S550 are what is commonly known as invoice. Dealers also get a certain amount from manufacturers for total cars sold at their dealership - usually at end of the fiscal year. This is particular prevalent with US manufacturers, but it might apply to some foreign makers also. These amounts are rather secret and change from year to year, known only at dealership by principals and not the salesmen. If the manufacturer is interested in 'moving' a certain low selling model already at dealer's lots (e.g. perhaps at end of model year before the new model arrives), they will give 'trunk money' to the dealer to sell these cars. The dealer decides how much to share with consumer on a case by case basis - depending how desperate he is at getting rid of these cars and how knowledgeable you are as a consumer. Dealers don't get the money until the car is reported to the manufacturer (or importer) as 'sold'. This is called having a car 'punched'. The warranty then starts at that date. Some dealers 'punch' a car before it is sold to get to the money right away - which takes weeks or months away from consumer's warranty on that particular car. Finally, some cars need more than invoice pricing PLUS trunk money to move out. That was the case of the last remaining 2006 S65s and the dealers indeed had to dig into their pockets and actually take a loss to sell them. I negotiate on basis of invoice (or invoice plus trunk money), usually trying to allow a few thousands for dealer upfront which I believe is fair all around. Unless you want a particular popular model just as it comes out - and then you pay MSRP. Good luck on your negotiations. Z356

CoogiMan

Did we end up with 7% off of MSRP or 9% off of MSRP?

Thanks.

Coogi

Mercedes22

I have just ordered my 5500 and got 8% off list. It is still expensive compared to what you pay, £86,000 or $172,000.

Ferri

Utah, are you getting company cars for your partners?

Blue_Monster

Mercedes Mark Up is 12% including the dealer cash they throw in that they dont tell you about. Its not 7%

Good luck with your purchase

Vic55

Yep what Blue is talking about is dealer holdback. As for the OP why would you want to buy 2 of the same depreciating asset? The S550's are softer than goose sh.t.

08/08/07 NADE Lease $76,500 1,311 Avg WHITE 8G A Yes
08/09/07 MANHEIM Regular $86,000 1,321 Above WHITE 8G A No
08/16/07 RIVRSIDE Lease $82,000 1,995 Above ARC WHT 8G A Yes
08/01/07 W PALM Regular $71,000 2,132 Below GREEN 8G A Yes
08/23/07 MANHEIM Regular $76,000 3,558 Avg BLACK 8G A Yes
08/29/07 CEN FLA Regular $78,500 4,903 Avg 8G Yes
08/08/07 CEN FLA Lease $76,800 5,541 Avg SILVER 8G A Yes
08/29/07 W PALM Regular $66,000 5,934 Below BLACK 8G A No
08/09/07 NEVADA Lease $72,000 5,965 Below SILVER 8G A Yes
08/02/07 RIVRSIDE Lease $79,000 7,121 Avg OBS BLK 8G A Yes
08/17/07 SAN ANTO Regular $82,000 7,195 Above WHITE 8G A Yes
08/15/07 W PALM Lease $75,800 8,068 Avg CPR BLU 8G A Yes
08/14/07 DETROIT Regular $74,400 8,661 Avg WHITE 8G A Yes
08/30/07 RIVRSIDE Regular $77,500 8,691 Avg BLACK 8G A Yes
08/02/07 RIVRSIDE Regular $73,500 8,775 Avg BLACK 8G A Yes
08/16/07 RIVRSIDE Lease $72,750 9,234 Avg SIL 775 8G A Yes
08/30/07 RIVRSIDE Regular $75,750 9,628 Avg DK BLUE 8G A Yes

Lender1

You did not say if the cars were 2007s or 08s. Sure they can sell an '07 at $500 over invoice. They now have $4,000 trunk money. Now a good deal on an '07 is a couple of thousand under invoice.

ProV1

HOLY***** these cars depreciate fast

CoogiMan

VIC

What would you do? Almost all autos are just toys with instant gratification....but if we are able to get 10-12 percent off of MSRP wouldn't that justify the cost of purchasing every year or two?

Maybe a used S600 or S65?

Vic55

We all know cars depreciate I just wouldnt buy two of the same car that will tank in less than 1 year. 10 to 12 percent of MSRP is not close to what the car will lose as it clears the dealership property and then once miles are on the car it gets even worse. Again, its all relative to ones value of the dollar. Some can waste their money and it doesnt matter, even though I can buy these cars I chose not to.

Any used V12 will be a great bargain. Of course just when one thinks they got a great deal (like myself) the car drops in value even more. Thats ok though because I knew that going in, I just wanted a 65.

way2evil

http://www.edmunds.com/zipcode/new/index.html