OT: $7000 cash back on the CL 65
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From: Boston
OT: $7000 cash back on the CL 65
Saw the bulletin. As of Nov 1, there is $7000 cash back from manufacturer to dealer on 06 CL65 and S65. Add that to the discount you can muster up from a dealer and you are looking at $15-17k off sticker :p
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From: North Scottsdale, AZ
2008 Bentley GTC, Porsche GT2/EVOMS GT700, 1968 Dodge Charger Hemi
Originally Posted by RezF
Saw the bulletin. As of Nov 1, there is $7000 cash back from manufacturer to dealer on 06 CL65 and S65. Add that to the discount you can muster up from a dealer and you are looking at $15-17k off sticker :p
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From: Wilmington, Delaware
2006 S65 AMG, 2002 Viper RT/10, 1986 BMW 325es
Originally Posted by RezF
Saw the bulletin. As of Nov 1, there is $7000 cash back from manufacturer to dealer on 06 CL65 and S65. Add that to the discount you can muster up from a dealer and you are looking at $15-17k off sticker :p
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From: Boston
Originally Posted by GTS21
Do you know if this program is still in effect? Looking at leasing/buying a 2006 S65. Thanks.
good luck
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300ce
For 100K, I will be happy to take a S65 :-)
Would be a nice addition to the fleet!
Ted
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I could be wrong, but don't you have to pay taxes on that $7000 cash back? It seems like you would have to, and that being the case, I would rather just take an addition $7000 off the price of the car. IMHO
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From: New Jersey
Originally Posted by Brunelleschi
I could be wrong, but don't you have to pay taxes on that $7000 cash back? It seems like you would have to, and that being the case, I would rather just take an addition $7000 off the price of the car. IMHO
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Hook
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From: THE Orange County, California
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Originally Posted by Brunelleschi
I could be wrong, but don't you have to pay taxes on that $7000 cash back? It seems like you would have to, and that being the case, I would rather just take an addition $7000 off the price of the car. IMHO
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Originally Posted by Hook
I'm not a tax expert, but why would you have to pay taxes on a discount applied to a purchase?
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Hook
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Hook
I appriciate your insight Vic, I might look into that. Oklahoma's income tax laws are extremely strict because that is our states primary source of income (we have nothing to bring in revenue from outside states, so we must rob our residents). I imagine it might be taxable here.
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[QUOTE=Brunelleschi]In some states, when cash is put in your hand it is considered income, and all income with only a few exceptions, is taxable by the state. I am not saying that is necessarily how it is in this case, that is why I was asking.
QUOTE]
Understood. I was assuming that the "cash back" was just a subtraction from the purchase price. But, it might not be listed that way, depending on how it is written in the sales agreement.
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Hook
QUOTE]
Understood. I was assuming that the "cash back" was just a subtraction from the purchase price. But, it might not be listed that way, depending on how it is written in the sales agreement.
--
Hook
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From: El Paso, TX
'03 G500, '13 G63, '17 GLS63,
Originally Posted by Ted Baldwin
....if you want an S65 or CL65, just hold off till mid next year. I predict you can get a used one for under $100K.
Ted
Ted
I hope you're right, though.
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Originally Posted by medici78
I really doubt it. Even the VW Phaeton did not have such abysmal depreciation.
I hope you're right, though.
I hope you're right, though.
Ted
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From: Maryland
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Originally Posted by Ted Baldwin
..........you can have one today for $129K. LINK Imagine what will happen to the price when the new Cl body shape comes out. Under $100k price is all but certain.
Ted
Ted
Local dealer in the paper today had a new 05 CL65 for $139K out the door. Scary how fast these cars have come down from $189K!
Still a ton of $$$$$$$$
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From: El Paso, TX
'03 G500, '13 G63, '17 GLS63,
Originally Posted by 04E55 AMG
Local dealer in the paper today had a new 05 CL65 for $139K out the door. Scary how fast these cars have come down from $189K!
Still a ton of $$$$$$$$
Still a ton of $$$$$$$$
I can't believe what a hard sell the CL65 is right now, but even at $129k, it's still a bit pricey for me.
And I thought losing $7-8k when I sell my car after 10 months was bad.
Last edited by medici78; Dec 12, 2005 at 02:16 PM.
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From: Ramsey, NJ
2007 M5, 2004 X3 3.0i
Originally Posted by Accomplice8
The current body style SL600's are coming down nicely also.
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I may go that route when my E55 gets close to the end of its warranty.
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I may go that route when my E55 gets close to the end of its warranty.
If you ask me, the buy back occurs when the dealer cant rectify the problem within 3 tries or spends x amount of days at the dealer for repairs. Since that occurred here, I want nothing to do with it.
From the listing...
! Due to the overly stringent buy-back, otherwise known as Lemon Laws, in California and Florida and New Jersey you as the consumer have the opportunity to save thousands of dollars. This car was reacquired or bought back from the consumer due to warranty issues
