left over 2019 discount
Thread Starter
Member
Joined: May 2012
Posts: 170
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From: Pittsburgh, PA
Too many
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
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
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2021 CLA 250
$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.
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.
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From: Kenilworth, il usa
GT63S ePerformance 4dr, '25 Bentayga Black Ed.(wife), Wrangler and 250 MLB(kids)
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.
Thread Starter
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From: Pittsburgh, PA
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
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
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
$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.
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.
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$$ for every seat and with the right discount that isnt costing them alot; they can move the car.
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From: Pittsburgh, PA
Too many
Because they paid 88% of msrp to get the car.... they are stuck with it and probably cant bake in a whopping loss to close their books. Benz needs to offer up trunk money and some lease money factor love to help move these paperweights. While we all know or have a decent understanding of actual cash value, the dealer has a different financial burden than an end user who wants a smoking deal.
On a 200k msrp car, if the dealer met their full retail sales goals they would buy paying MB around 176k triple net for the car. They know now more than ever that the car is not even worth that but to drop it for 150k would not be prudent if they paid for the car up front with no flooring source. Now if they floored the car which most stores do, they are going to have to start paying curtailments at a certain point which is determined by the flooring agreement. These can be 2% of the price or whatever was agreed upon.
Its not like they will just dump a car cause the value sucks- there is an a$$ for every seat and with the right discount that isnt costing them alot; they can move the car.
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.
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
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From: Sarasota, Florida
2023 E450 Cabriolet, 2019 F150 Platinum, 2014 Dodge Challenger R/T
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...
I got it for the price of a used car but with new warranty...
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
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
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
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AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
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...
Keep us posted...
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
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...
Keep us posted...
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; Mar 2, 2020 at 03:36 PM.
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AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
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...
Administrator
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
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...
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...
Thread Starter
Member
Joined: May 2012
Posts: 170
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From: Pittsburgh, PA
Too many
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
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
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From: Kenilworth, il usa
GT63S ePerformance 4dr, '25 Bentayga Black Ed.(wife), Wrangler and 250 MLB(kids)
Otherwise, good luck with the next guy.....
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2018 GLC43C4, 2023 AMGEQEV4
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'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; Apr 3, 2020 at 04:54 PM.
Junior Member
Joined: Oct 2012
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From: California
2020 GT63, 2018 MODEL X, 2018 Porsche Panamera Hybrid
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'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 think that's reasonable depending on which dealer is willing to budge..
Good Luck!
2019 should have a better MF as well -
Junior Member
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2018 GLC43C4, 2023 AMGEQEV4
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?
Junior Member
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From: California
2020 GT63, 2018 MODEL X, 2018 Porsche Panamera Hybrid
this was 15% off before any incentives. I didn’t have a previous Benz so I didn’t qualify for any.
Junior Member
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From: California
2020 GT63, 2018 MODEL X, 2018 Porsche Panamera Hybrid
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.
.
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
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.
.
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.
.
Member
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Junior Member
Joined: Oct 2012
Posts: 27
Likes: 5
From: California
2020 GT63, 2018 MODEL X, 2018 Porsche Panamera Hybrid
Junior Member
Joined: Jul 2018
Posts: 32
Likes: 5
2018 GLC43C4, 2023 AMGEQEV4
Thanks for all the advice folks, hold strong & stay healthy in these crazy times.
