Rockland

Discounts will be normal soon once the inventory lands.

mercedesmax

Sorry I thought you were referencing a G wagen not an S class

5634MG

Here up north at the corporate stores on the west coast, the W223s are at MSRP but some smaller non corporate dealers are at 20-40k over msrp

However, we don't get double digit discounts like you do in the states for new generations/high demand vehicles; max 3k or 3% courtesy and loyalty discount

In BC, we also have a 25% tax on vehicles over 150k plus the drama teacher's additional proposed new luxury tax of 20% above 100k pushes the msrp of a decently/well equipped S580 from 180k to 250k CAD, around 200k USD which is unfortunate

Rockland

Why, you just posted that the car sucks? I do not want to refer an unhappy (fleet) buyer to my dealer.

ColeBlooded

Sorry to call someone out but his posts are very condescending. One post says he had a great experience with the dealer and in another he said it was a bad experience. The car that he says sucks had a problem with the seat bottom but he knew there was a problem with it before he bought it because it was driven by the dealer for several miles.

Rockland

Maybe he is the reason he did not get the 10% discount that I am receiving! 😀

SB_NYC

Hey guys, to clear up an misunderstanding- I did not go through with the White Plains dealership purchase (previous post), but I did go through with another dealership (Southampton). My review is on the car itself...just my honest opinion...

Ormond2004

Mercedes Benz of North Palm Beach is currently charging over MSRP.

Mercedes Benz of Tampa is at MSRP on some models. I believe they are charging over MSRP on the EQS.

I imagine that it's all subject to change depending on the market.

pjw1967

Our dealer is betting on a used car too. Saw this Corvette yesterday. MSRP $64,405. Just under 8k miles. Asking $97,998.
https://www.mbotw.com/inventory/used...ya2d44m5109216

MBS63AMG

Has anyone heard as to how banks/lenders are reacting to these markups? If a person is buried in upside down debt on a car and wants to trade for a new car, will the banks loan more money based on the upcharged amount, or do they still only over-finance on the original MSRP? Most of the time you can over-finance by as much as 25% if you have great credit, so if a car is at MSRP of $130K, you can borrow around $150K on the car. However if the car is marked up to $150K, then you could hide as much as $50K in an underwater situation.

Wolfman

On new cars dealers usually expect a check for the ADM if the car is financed.
Assume the bank will not finance a used car over list price unless it’s a specialty car.

But I feel markups are getting silly.

Our local dealer has a used 21 G63 with 2500 miles. Nice but nothing special. List is $179k. Priced at $285k.

drose224

I don't get it. All the *****ing about dealers marking up cars over MSRP. The decision to buy a car is always in the hands of the person writing the check. Want a product in short supply? Pay the price. Don't like the price, don't buy it. I would think many of the people that post on this board are in businesses where elasticity of demand determines the price of a product. Not a bit of difference with an S-class MB.

ColeBlooded

Probably best for the buyer to pay cash for the ADM.

190Efan

I totally agree with you. The marketplace could put a stop to this overcharging very quickly by refusing to pay over MSRP. I certainly would never pay over MSRP.

MBS63AMG

Wow! That's what my local dealer is doing as well but so far I've only seen the markups on new cars. They must be really hurting. If they want that much for a used car then my 2019 S560 is worth $110K. LOL

js_cls

This is fairly common with G-Wagons, it isn’t just any used S or GLS, the G-Wagon market is a completely different ball game. Similar to that of the Porsche 911, or Chevy C8 Corvette, the market for these cars, new and used is running hot. Mixed in with the higher resale value and lower production numbers, as well as the already 2-year long waiting list and V8 suspension, dealers are charging over sticker whether new or used, and easily selling them too.

Streamliner

Was at Fletcher Jones in Newport Beach last week and they told me that they “easily” get $100K over MSRP for “any” new G-Wagon. Frankly, I have never cared for them and really feel they are bought way more as status symbols and fashion accessories than for the driving experience they actually deliver.

Chucky3000

The supply demand structure is an excellent way to establish a price for goods and services. I am a firm believer in the free market - right down to the elimination of the minimum wage laws.

However, is there a fine line being crossed here - approaching a price gouging situation? When we had hurricane sandy, gas stations tried to hike the price of gasoline to absurd levels, and that was stopped by the state and local governments.

Sure - they were raised a bit due to the inability to supply the stations, but the gouging happened as they tried to maximize the temporary profiting off of a tragedy.

Is that not what the dealerships are doing now? Not giving discounts off MSRP would be meeting supply demand issues. As leases come due for return - cars are a necessity. How are cars not subject to the same imposed rules on gouging?

The state and local (and I believe federal) stopped price gouging on PPE during the pandemic. Private buyers were not allowed to hoard or sell for significantly more than "msrp" of those masks.

Comments above are quite right - that if everyone would simply refuse to purchase a car at over MSRP - the prices would come down from these artificial highs. Would the same logic apply to milk and eggs if grocery stores decided to sell a gallon of milk for $90?

Rockland

People have so much money today and we are living in a “look at me” instagram influencer world. The luxury watch world is the same today. Look at the market for a Patek Philippe Nautilus or Aquanaut. Way above retail.

MBZFAN55

It could be worse - look at Rolex and Ferrari ! Having the money and being willing to pay may still preclude you from being "allowed" to purchase certain coveted items.

Rockland

Not worse. Exactly the same. It started first with Patek though. Rolex just followed what was already happening with Patek.

places

All I remember is when the ceramic Daytona was released the market changed. 5711's could still be had for about 40ish and 5167's 30ish at that time (if memory serves me correct). Now forget it.

Rockland

The whole world has gone crazy, you walk into an Audemars Piquet store today and there isn’t a single watch available for sale in the entire store. The Security Guard is only being paid to guard the bottles of water and coca cola today.

places

Terrible time to be a consumer. Everything is overpriced and unavailable. Six figures for a steel nautilus or gold royal oak. Green dial steel new model nautilus auctioned for around 400K, retails for about 35K. Cars selling for 100K over. Nuts. People have lost their minds.

ColeBlooded

Now I remember why I don't wear jewelry lol.