E55 firesale?
#76
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I am leaning in this direction...I don't agree with the poster who said there is a tax beenefit to leasing. MY accountant says the numbers are the same: we can depreciate the car or write off a portion of the lease that's used for business, but it's similar.
#77
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Originally Posted by Mr. Vanos
As an FYI, I was considering a W211 E55 so I called around. The best deal I got was about $4,000 below dealer INVOICE. Depending on options this translated to anywhere from $9,000-$11,000 below MSRP. Crazy good deals when combined with the special MF. Many dealers play dumb or just don't have a clue. As I said before if you EVER even considered this car, now's the time!
#78
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Originally Posted by RJC
Did you go for it? $4k under invoice is excellent, where did you find this deal? You can PM me the dealer info if you prefer.
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#79
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Originally Posted by Mr. Vanos
I did not go for it. I ended up getting an M5 (at a good deal) since I already have an E55 (W210 albeit). The best deals are typically at dealers that have many cars who care more about volume than maximum profit. Try House of Imports or Fletcher Jones. The deal I got was specific to me...I do have some leverage and I've been a good customer
but I know these dealers are still willing to deal below invoice...you just need to arm yourself with the right information and be prepared to negotiate.
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#80
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Originally Posted by abalto
Regardless of whatever anyone says, the cheapest way to buy anything is to pay cash, period.
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#81
Member
One dealer I reecntly talked with said "cost" = MSRP less gas guzzler tax less destiantion charge less 12%. That's about $10K on a $90K+ car. Anything less is eating into the gas guzzler and destination charges, which some will do to move onwards and upwards.
#82
Originally Posted by 2K6E55
That's a very good deal... I picked up mine about 10 days ago and I got $8K off MSRP and did the MB lease... I am very happy with my purchase...
#83
MBWorld Founder
Originally Posted by aarya
Newb here... but extremely excited to purchase my first AMG!!! However, I am having an insanely hard time in Northern California finding a dealer willing to sell an e55 at invoice. The best deal so far has been 3K off MSRP. Anyone have any suggestions for a dealer in Northern California that they negotiated at or below invoice? Your help is appreciated.
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#84
Originally Posted by aarya
Newb here... but extremely excited to purchase my first AMG!!! However, I am having an insanely hard time in Northern California finding a dealer willing to sell an e55 at invoice. The best deal so far has been 3K off MSRP. Anyone have any suggestions for a dealer in Northern California that they negotiated at or below invoice? Your help is appreciated.
#85
Does anybody know of a dealer in the Washington DC or Philly areas willing to give a great deal on an '06? I've been focusing on trying to find "new" '05s at bargain prices... but if deals are to be had on '06s, I'd rather do that...
#86
Originally Posted by 2K6E55
Call Kyle Martin at FJ 949-718-3103, he's willin' to go $8K off MSRP but it will cost you a few hundreds to ship it up to North CA though.
Can't wait!!!
#87
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06 Mercedes E55, 01 Porsche 996 Cabrio, 07 GMC Yukon
I just spoke with John Baskin at Fletcher Jones & offered to buy an 06 E55 at 8K below MSRP. He kind of waffled & said he'd get back to me tomorrow so I guess we'll see. He may be skeptical since I've only spoken to him on the phone. Are there any other SouthCal dealers willing to drop the price this much?
#88
With this lease deal, I may be up for a 2nd E55. Had an '04 for a year.
No lease experience however.
1) Can I negotiate that lease payment with nothing, nada, zilch down? Will the dealer pick up the 4k or so cash down requirement? Is some payment for tax, license, etc. required on a lease for drive off?
2) What is the over mileage fee? .15 or .25 or?
3) Are these leases assumable?
Thanks
No lease experience however.
1) Can I negotiate that lease payment with nothing, nada, zilch down? Will the dealer pick up the 4k or so cash down requirement? Is some payment for tax, license, etc. required on a lease for drive off?
2) What is the over mileage fee? .15 or .25 or?
3) Are these leases assumable?
Thanks
Last edited by Paul S; 04-09-2006 at 11:22 PM.
#89
Member
Originally Posted by Paul S
With this lease deal, I may be up for a 2nd E55. Had an '04 for a year.
No lease experience however.
1) Can I negotiate that lease payment with nothing, nada, zilch down? Will the dealer pick up the 4k or so cash down requirement? Is some payment for tax, license, etc. required on a lease for drive off?
2) What is the over mileage fee? .15 or .25 or?
3) Are these leases assumable?
Thanks
No lease experience however.
1) Can I negotiate that lease payment with nothing, nada, zilch down? Will the dealer pick up the 4k or so cash down requirement? Is some payment for tax, license, etc. required on a lease for drive off?
2) What is the over mileage fee? .15 or .25 or?
3) Are these leases assumable?
Thanks
#91
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Originally Posted by SoxFan
2005: $21K is very good. I have multiple quotes for $89,000-$90,000 MSRP 2005 E55s for $17,000+ off, so $21,419 is quite a number (wonder how they came up with that, as $17K is about the whole margin, holdback, and trunk money).
2006: But, now I am leaning towards leasing a new 2006. The best discount I've seen so far is in the $11-12K range, which seems like a pretty good deal, although they may come out with incentive cash in May/june when the E63s arrive.
2006: But, now I am leaning towards leasing a new 2006. The best discount I've seen so far is in the $11-12K range, which seems like a pretty good deal, although they may come out with incentive cash in May/june when the E63s arrive.
#92
The longer you wait, the less likely you will find a LOADED E55 with all the RIGHT OPTIONS you want... They are dissapearing quickly as people are taking advantage of the special MB lease, even though MB extended it till the end of the month...
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#93
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My dealer is asking me to pay tax on the $3,000 cap cost reduction and the $785 aqusition fee...is this right? I know I have to include tag and lic'ng fees but they want $5207 at signing not the $4794 as indicated below. Here's the offer:
The E55 AMG was designed with one purpose: to put you in an entirely different state of mind. With race-proven AMG performance credentials, the E55 AMG is truly a performance sedan unlike any other. Includes bonus Premium Package.◊
$999/mo. for 39 month lease10
$4,794 Total cash due at signing* Trim Package includes leather seat inserts w/MB tex, privacy glass, roof rails, Tele Aid. and HomeLink. Sunroof Package includes electric sunroof and rain-sensing wipers.
◊ Premium Package includes front active ventilated seats, left and right front drive-dynamic seats, COMAND DVD navigation, power rear-window sunshade, and 6-disc CD changer.
The E55 AMG was designed with one purpose: to put you in an entirely different state of mind. With race-proven AMG performance credentials, the E55 AMG is truly a performance sedan unlike any other. Includes bonus Premium Package.◊
$999/mo. for 39 month lease10
$4,794 Total cash due at signing* Trim Package includes leather seat inserts w/MB tex, privacy glass, roof rails, Tele Aid. and HomeLink. Sunroof Package includes electric sunroof and rain-sensing wipers.
◊ Premium Package includes front active ventilated seats, left and right front drive-dynamic seats, COMAND DVD navigation, power rear-window sunshade, and 6-disc CD changer.
Last edited by RJC; 04-12-2006 at 12:45 AM.
#94
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Originally Posted by RJC
My dealer is asking me to pay tax on the $3,000 cap cost reduction and the $785 aqusition fee...is this right?
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#95
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Originally Posted by Mr. Vanos
Yes you do pay tax on cap cost reduction
Not 100% certain on the aq fee though. Have them reduce the cap cost by the sales tax ![drive](https://mbworld.org/forums/images/smilies/driving.gif)
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$1700.00 under invoice (Edmunds shows an invoice of $300 less anyone know why?) MSRP $91,055 my cost $83,154 ($7901 off)
.00125 money factor 58% residual. Payment $949.27 incl tax with $5207 cash due at signing which includes first month payment, $3000 down, $795 aquistion, tax on cap reduction and aquisition, lic and reg. I wonder whay MB say's the total cash due at signing is $4794???
What do you all think?
Last edited by RJC; 04-12-2006 at 01:03 AM.
#96
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Originally Posted by RJC
Thanks for the quick reply. Here's my deal and I'm in S.Florida (it's hard to get dealers here to give it up).
$1700.00 under invoice (Edmunds shows an invoice of $300 less anyone know why?) MSRP $91,055 my cost $83,154 ($7901 off)
.00125 money factor 58% residual. Payment $949.27 incl tax with $5207 cash due at signing which includes first month payment, $3000 down, $795 aquistion, tax on cap reduction and aquisition, lic and reg. I wonder whay MB say's the total cash due at signing is $4794???
What do you all think?
$1700.00 under invoice (Edmunds shows an invoice of $300 less anyone know why?) MSRP $91,055 my cost $83,154 ($7901 off)
.00125 money factor 58% residual. Payment $949.27 incl tax with $5207 cash due at signing which includes first month payment, $3000 down, $795 aquistion, tax on cap reduction and aquisition, lic and reg. I wonder whay MB say's the total cash due at signing is $4794???
What do you all think?
![Big Grin](https://mbworld.org/forums/images/smilies/biggrin.gif)
http://www.leaseguide.com/calc.htm
#97
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Originally Posted by Mr. Vanos
Sounds right. I assume this is for 39 mos? Remember with odd terms like that you end up paying an extra year's registration ($$ in CA) for only 3 months. As I mentioned before, you could get a better discount in SoCal, but what's a couple thousand dollars
Use this to verify the numbers the dealer gives you:
http://www.leaseguide.com/calc.htm
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http://www.leaseguide.com/calc.htm
Thanks
Last edited by RJC; 04-12-2006 at 11:29 AM.
#98
Originally Posted by RJC
Thanks for the quick reply. Here's my deal and I'm in S.Florida (it's hard to get dealers here to give it up).
$1700.00 under invoice (Edmunds shows an invoice of $300 less anyone know why?) MSRP $91,055 my cost $83,154 ($7901 off)
.00125 money factor 58% residual. Payment $949.27 incl tax with $5207 cash due at signing which includes first month payment, $3000 down, $795 aquistion, tax on cap reduction and aquisition, lic and reg. I wonder whay MB say's the total cash due at signing is $4794???
What do you all think?
$1700.00 under invoice (Edmunds shows an invoice of $300 less anyone know why?) MSRP $91,055 my cost $83,154 ($7901 off)
.00125 money factor 58% residual. Payment $949.27 incl tax with $5207 cash due at signing which includes first month payment, $3000 down, $795 aquistion, tax on cap reduction and aquisition, lic and reg. I wonder whay MB say's the total cash due at signing is $4794???
What do you all think?
![Smilie](https://mbworld.org/forums/images/smilies/smile.gif)
#99
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honduh, bimmer, bEnz, ferrari and etc
ok, way too much info, but how much of them are accurate?
what i want to know is, no matter you bought, or leased, how much you REALLY got off the msrp when you bargained on the selling price? 10k is about right? anyone got significantly more than 10k off??
btw the guy who said he got 21k+ off msrp and bought a new '05 for like 63k do not need to reply. i will bet anything that deal is not for everyone.
what i want to know is, no matter you bought, or leased, how much you REALLY got off the msrp when you bargained on the selling price? 10k is about right? anyone got significantly more than 10k off??
btw the guy who said he got 21k+ off msrp and bought a new '05 for like 63k do not need to reply. i will bet anything that deal is not for everyone.
#100
MBWorld Founder
Originally Posted by toro4me
ok, way too much info, but how much of them are accurate?
what i want to know is, no matter you bought, or leased, how much you REALLY got off the msrp when you bargained on the selling price? 10k is about right? anyone got significantly more than 10k off??
btw the guy who said he got 21k+ off msrp and bought a new '05 for like 63k do not need to reply. i will bet anything that deal is not for everyone.
what i want to know is, no matter you bought, or leased, how much you REALLY got off the msrp when you bargained on the selling price? 10k is about right? anyone got significantly more than 10k off??
btw the guy who said he got 21k+ off msrp and bought a new '05 for like 63k do not need to reply. i will bet anything that deal is not for everyone.
By the way, I found a new '06 for $40,000 off MSRP
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