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Old 03-01-2020, 05:17 PM
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left over 2019 discount

Hi Guys
a dealer close to me have GT63S for over a year and they are desperate to move
sticker is 201 k
RV and MF are bad
also gently used cars are in the 130-140 k range
what do you think is a fair offer
Old 03-02-2020, 09:43 AM
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$150k? I think that would be a good discount.

I don't understand why some dealers are still holding on to these cars like they are gold. When I bought my 2019 GT 53 in mid December, I called several dealers that had remaining inventory and a few of them just acted like they were not interested in negotiating. Checking now, this one dealer in PA still has the 2019 GT 53 that I was trying to get a deal on. I am not sure what their thought process is. The sales person kept telling me that this is rare car with a desirable color combination.
Old 03-02-2020, 09:48 AM
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Originally Posted by pghc63
Hi Guys
a dealer close to me have GT63S for over a year and they are desperate to move
sticker is 201 k
RV and MF are bad
also gently used cars are in the 130-140 k range
what do you think is a fair offer
I bought Edition 1 at $25k discount 2 months ago, it was considered a huge overpayment but was done in order to secure a Black Series allocation.
Wholesale on that brand new car with 40 miles was $145k (I sold it immediately) and the dealer resold it again (still with the wrappers and 40 miles) for $155k.
That was 2 months ago.
The car you are considering would be a buy at $150k max and I would consider it to be a generous offer.
Old 03-02-2020, 11:51 AM
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Too many
this is close to my sentiment
I am not super excited about the car. I have an M5C for 6 months which I love , and test drove GT63S and I think it is a great car but by no means better than the M5C … and with their crazy leases , no wonder they are sitting around and will continue to sit
I will never buy this car to protect the down side , but was thinking of offering 140 k and with that lease payments will be around 1500 a month which I think is reasonable
otherwise they can keep it
Old 03-02-2020, 01:49 PM
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Originally Posted by NovaOne
$150k? I think that would be a good discount.

I don't understand why some dealers are still holding on to these cars like they are gold. When I bought my 2019 GT 53 in mid December, I called several dealers that had remaining inventory and a few of them just acted like they were not interested in negotiating. Checking now, this one dealer in PA still has the 2019 GT 53 that I was trying to get a deal on. I am not sure what their thought process is. The sales person kept telling me that this is rare car with a desirable color combination.
Because they paid 88% of msrp to get the car.... they are stuck with it and probably cant bake in a whopping loss to close their books. Benz needs to offer up trunk money and some lease money factor love to help move these paperweights. While we all know or have a decent understanding of actual cash value, the dealer has a different financial burden than an end user who wants a smoking deal.

On a 200k msrp car, if the dealer met their full retail sales goals they would buy paying MB around 176k triple net for the car. They know now more than ever that the car is not even worth that but to drop it for 150k would not be prudent if they paid for the car up front with no flooring source. Now if they floored the car which most stores do, they are going to have to start paying curtailments at a certain point which is determined by the flooring agreement. These can be 2% of the price or whatever was agreed upon.

Its not like they will just dump a car cause the value sucks- there is an a$$ for every seat and with the right discount that isnt costing them alot; they can move the car.
Old 03-02-2020, 02:36 PM
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Originally Posted by Vic55
Because they paid 88% of msrp to get the car.... they are stuck with it and probably cant bake in a whopping loss to close their books. Benz needs to offer up trunk money and some lease money factor love to help move these paperweights. While we all know or have a decent understanding of actual cash value, the dealer has a different financial burden than an end user who wants a smoking deal.

On a 200k msrp car, if the dealer met their full retail sales goals they would buy paying MB around 176k triple net for the car. They know now more than ever that the car is not even worth that but to drop it for 150k would not be prudent if they paid for the car up front with no flooring source. Now if they floored the car which most stores do, they are going to have to start paying curtailments at a certain point which is determined by the flooring agreement. These can be 2% of the price or whatever was agreed upon.

Its not like they will just dump a car cause the value sucks- there is an a$$ for every seat and with the right discount that isnt costing them alot; they can move the car.
I some what agree and I am not blaming them , they offered the car , and they are protecting their financial interest
but at the same time I have to protect my financial interest if I am going to pull the trigger and in all honesty the car was not on my radar screen , but I like cars and switch around if possible .
but the way I also look at it , is any business you have to take losses on some transactions as you can't make money on all of them
so in the car business , dealers always say that you want me to lose money on this car ??
I don't want anyone to lose money , but I also don't want anyone to pass on their loss to me

Old 03-02-2020, 02:43 PM
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OP, this is how I bought my 2018GLE63s... In Oct 2019.... It sat in the showroom for a year... My sales guy called me with a good offer... I ran all the numbers and came up with what worked for me... Then waited till 4pm on the last day of the month... in this case they took it but ya never know.... don't let your emotions get ya, YOU don't need it, they need to dump it.. I got it for the price of a used car but with new warranty...
Old 03-02-2020, 02:43 PM
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Originally Posted by pghc63
I some what agree and I am not blaming them , they offered the car , and they are protecting their financial interest
but at the same time I have to protect my financial interest if I am going to pull the trigger and in all honesty the car was not on my radar screen , but I like cars and switch around if possible .
but the way I also look at it , is any business you have to take losses on some transactions as you can't make money on all of them
so in the car business , dealers always say that you want me to lose money on this car ??
I don't want anyone to lose money , but I also don't want anyone to pass on their loss to me
Yep and I personally wont take a car thats not discounted to my liking. There are far too many options out there besides this car. My friend owns a very large dealer and he has accepted his mandatory amount of sedans and rejected all future offerings. Larger stores can absorb a loss on deal to move metal especially when its costing them flooring. First loss is your best loss in the game!! But a smaller store that owns the car has a sunken cost and might just hold it for the right buyer but that wont be me LOL. I do firmly believe there will be trunk money on the leftover 19's and that program is coming out tomorrow. My best guess is 10k or close.
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Old 03-02-2020, 02:56 PM
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Well, I venture out to say that the GT63s is a better car than the M5c (aka more special, better sound, interior and agile with RWS) and if you can get it for that money, more power to you! I would be surprised if they would give you the car at base MF even if the accept a low price. Dealers typically want to make a bit of money back on the financing.

Keep us posted...
Old 03-02-2020, 03:33 PM
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Originally Posted by Wolfman
Well, I venture out to say that the GT63s is a better car than the M5c (aka more special, better sound, interior and agile with RWS) and if you can get it for that money, more power to you! I would be surprised if they would give you the car at base MF even if the accept a low price. Dealers typically want to make a bit of money back on the financing.

Keep us posted...
Oh they wont be able to mark me up, Ill punch in the numbers myself into the deal screen LOL. Buyrate it is... it was .00182 last month for the special.

I agree the car is more special in looks and sound.

The one graphite gray 2019 at Foothill got stolen !!!!!!!!! LOL

Last edited by Vic55; 03-02-2020 at 03:36 PM.
Old 03-02-2020, 05:28 PM
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Originally Posted by Vic55
Oh they wont be able to mark me up, Ill punch in the numbers myself into the deal screen LOL. Buyrate it is... it was .00182 last month for the special.

I agree the car is more special in looks and sound.

The one graphite gray 2019 at Foothill got stolen !!!!!!!!! LOL
I know you know the numbers better than everyone reply was actually meant for pghc63. They were still greedy with me on the graphite GT63s; that's why we ended up with the M8c. Which turned out to be a nice move as the wife enjoys the smoother ride and I get to have a coupe for a change...
Old 03-02-2020, 05:55 PM
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Originally Posted by Wolfman
I know you know the numbers better than everyone reply was actually meant for pghc63. They were still greedy with me on the graphite GT63s; that's why we ended up with the M8c. Which turned out to be a nice move as the wife enjoys the smoother ride and I get to have a coupe for a change...
Id welcome a change from my m5 to an m8--- would need 20% off pre rebates/loyalty on coupe.
Old 03-02-2020, 06:02 PM
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I am not pursuing the car, and I agree it has more emotions than M5C , always AMG cars have more emotions than M cars and I have owned several of both
but they kept pushing the car on me because they know me from buying multiple cars from them
so I told them I'll give it a good thought and started doing some research and here we are
so I ruled out buying because of unknown depreciation and my best guess it will be severe as expensive 4 door sedans always tank like Panamera turbo/S , M5 , E63 , S63, S65 etc
so leasing is the only option for now and my understanding that even lease option will end this month on all 19 model year
not sure if Benz will give them trunk money as there are not that many 2019 cars nationally for Benz to move so unfortunately dealer is stuck with the loss
Old 03-03-2020, 08:59 AM
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Originally Posted by pghc63
dealers always say that you want me to lose money on this car ??
I don't want anyone to lose money , but I also don't want anyone to pass on their loss to me
Well, I would respond with: you win some and you lose some, if you want to sell this car to me you would have to accept that and lose this time.
Otherwise, good luck with the next guy.....
Old 04-03-2020, 04:52 PM
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Folks,
I'm eyeballing a 2019 GT53, MSRP $110k. In order for this to make sense for me at these crazy times, the discount would have to be at least $15k (~14% of MSRP).
(This is prior to any lease incentives ... of which there's about $4750 right now)
In your experience, is this a reasonable target? Too low? Too high?
Thanks & stay safe

Last edited by efty_wi; 04-03-2020 at 04:54 PM.
Old 04-04-2020, 10:25 AM
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Originally Posted by efty_wi
Folks,
I'm eyeballing a 2019 GT53, MSRP $110k. In order for this to make sense for me at these crazy times, the discount would have to be at least $15k (~14% of MSRP).
(This is prior to any lease incentives ... of which there's about $4750 right now)
In your experience, is this a reasonable target? Too low? Too high?
Thanks & stay safe
I was able to get almost 15% off a 2020 GT63 in which I took delivery on a few days ago.

I think that's reasonable depending on which dealer is willing to budge..

Good Luck!

2019 should have a better MF as well -
Old 04-04-2020, 01:30 PM
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Originally Posted by sliu6122
I was able to get almost 15% off a 2020 GT63 in which I took delivery on a few days ago.

I think that's reasonable depending on which dealer is willing to budge..

Good Luck!

2019 should have a better MF as well -
Thanks for the info! Just so that I understand your experience, did that 15% include the loyalty incentives that started in April? ($4000 lease loyalty cash and $750 towards first payment) Or did the 15% exclude all these?
Old 04-04-2020, 01:44 PM
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Originally Posted by efty_wi
Thanks for the info! Just so that I understand your experience, did that 15% include the loyalty incentives that started in April? ($4000 lease loyalty cash and $750 towards first payment) Or did the 15% exclude all these?

this was 15% off before any incentives. I didn’t have a previous Benz so I didn’t qualify for any.

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Old 04-04-2020, 02:55 PM
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I got 15k off of a 120k 2019 GT53 back in December. You should be offered a much stronger deal than that. I would expect 15k off of a 2020 or 5k more off of a 2019.
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Old 04-05-2020, 12:07 PM
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Originally Posted by efty_wi
Thanks for the info! Just so that I understand your experience, did that 15% include the loyalty incentives that started in April? ($4000 lease loyalty cash and $750 towards first payment) Or did the 15% exclude all these?
https://www.fjmercedes.com/inventory...7x8jb7ka001318

this one is 30k off - around 1900 a month with taxes included 0/0 drive before loyalty.

This one may be a steal for you if you're not concerned about color.



.

Old 04-06-2020, 02:39 PM
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Originally Posted by sliu6122
https://www.fjmercedes.com/inventory...7x8jb7ka001318

this one is 30k off - around 1900 a month with taxes included 0/0 drive before loyalty.

This one may be a steal for you if you're not concerned about color.



.
Good ole FJ punching their cars to get a new car sale and pack their stair step program. Not that there is anything wrong with it though. This exact model is sitting in so many dealer showrooms and lots. Its the Jupiter Red Launch car that is a non S with the Dynamic Pack- I dont even think its worth 138k.
Old 04-15-2020, 06:46 PM
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Hi,
would you mind share with me which dealer it is ? also your sales person information ? cuz i am in the market for amg gt 63 as well. thank you
Old 04-15-2020, 06:47 PM
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Originally Posted by sliu6122
this was 15% off before any incentives. I didn’t have a previous Benz so I didn’t qualify for any.
Hi,
would you mind share you sales person and dealer information ? cuz i am in the market for that car . thank you
Old 04-15-2020, 07:12 PM
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Originally Posted by CarlssonCLK
Hi,
would you mind share you sales person and dealer information ? cuz i am in the market for that car . thank you
PMed
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Old 04-22-2020, 05:04 AM
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Originally Posted by NovaOne
I got 15k off of a 120k 2019 GT53 back in December. You should be offered a much stronger deal than that. I would expect 15k off of a 2020 or 5k more off of a 2019.
I ended up getting 18k off a 119k 2019 GT53 after loyalty incentives, on a config I really liked. For what's worth I've been offered way stronger discounts on 63 models during this search ... and lease terms are not as crazy on 2019 models these days.

Thanks for all the advice folks, hold strong & stay healthy in these crazy times.


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