New pricing as of Feb 1
New Price List
Really, at this point, I don't care what it takes or how much the price increases. I just want my car already!
I feel the same way!!
I did order mine in Nov. and still will not get here till march. I'm suck driving two seaters when i really neeed a four door right now...
New Price List
I think that price increase happened over a year ago. All 2005's have been selling at that MSRP. My buddy paid the higher MSRP last summer on his 2005. I hope they are not planning to increase MSRP above $80,800
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According to my broker, the dealer was willing to "make a deal" with me. He stated that any price increases are passed directly to the customer because "MB has raised the price of the vehicle to the dealer." Thus, the price of the E55 I ordered in November had gained $1300 overnight (actually $1210, based on the representation of my broker). The dealer, in its infinite good will and charity, decided that it was willing to "split the difference with me." WTF?
Of course, I referenced this board and the experiences from other members here but the broker was not impressed. Then I called Ray Catena MB in New Jersey (I have friends who work there) and spoke to some people about a dealer passing on the increase. The guy I spoke to said that Ray Catena would not do this, that they have price protection on their cars and, more importantly, to simply pass on the increase to a customer would be bad business. My point exactly. Problem is that I'm dealing with a dealer in So. Cal that doesn't seem to understand this fundamental concept of good business.
The car is set to arrive on March 11th at the dealer. I've got time to plan and am looking for any advice you can give.
According to my broker, the dealer was willing to "make a deal" with me. He stated that any price increases are passed directly to the customer because "MB has raised the price of the vehicle to the dealer." Thus, the price of the E55 I ordered in November had gained $1300 overnight (actually $1210, based on the representation of my broker). The dealer, in its infinite good will and charity, decided that it was willing to "split the difference with me." WTF?
Of course, I referenced this board and the experiences from other members here but the broker was not impressed. Then I called Ray Catena MB in New Jersey (I have friends who work there) and spoke to some people about a dealer passing on the increase. The guy I spoke to said that Ray Catena would not do this, that they have price protection on their cars and, more importantly, to simply pass on the increase to a customer would be bad business. My point exactly. Problem is that I'm dealing with a dealer in So. Cal that doesn't seem to understand this fundamental concept of good business.
The car is set to arrive on March 11th at the dealer. I've got time to plan and am looking for any advice you can give.
That being said, if you have an order with a dollar amount on it (I assume this bc you werent ordering a different model year), I am very confident in saying that they are obligated to give it to you for that amount. I wouldnt split jack with them if that was the case.
I do have an order with a precise dollar amount, secured by a $2,000 deposit (cash = the quintessential good and valuable consideration). Signed by me and the dealer's representative in November 2004 for a MY 2005 E55.
Here's the wrinkle. There is language on the order form which states "[Dealer] is not responsible for any factory price increases subsequent to the initial release price the factory suggests for 2005 model year. All factory price increases are the responsibility of the buyer/lessee."
I have some thoughts how such language will be interpreted, but I'd like to hear some comments.
I do have an order with a precise dollar amount, secured by a $2,000 deposit (cash = the quintessential good and valuable consideration). Signed by me and the dealer's representative in November 2004 for a MY 2005 E55.
Here's the wrinkle. There is language on the order form which states "[Dealer] is not responsible for any factory price increases subsequent to the initial release price the factory suggests for 2005 model year. All factory price increases are the responsibility of the buyer/lessee."
I have some thoughts how such language will be interpreted, but I'd like to hear some comments.
I too expierienced the price increase that happened in early 04 when I ordered my car and my dealer honored the original purchase agreement. As long as you have an order agreement with Vin and delivery date, you should be fine. If your dealer says differently then your getting bent over... Perhaps since were talking e55 and they feel if you walk, they'll simply sell it to the next in line. Its too bad your dealer would try to do this to you now during purchase and will probably continue to keep you bent over every time you walk in for service, etc....
The bigger problem is that any order placed AFTER February 1st would automatically be subject to the higher price, which puts me back in the same boat. I will call tomorrow though, to see if a deal can be had.
I was on the phone with a dealer today and he said that you should have price protection especially since the car was ordered so long ago.
I might have to start a grassroots movement to get this dealer to "see the light." Believe me, I'm not afraid to start writing the boys in Montvale, NJ to get the quoted price.
The issue that I'm dealing with now is the principle of the increase, not the amount itself. Think about it-- they raised the price 1%, maybe 2% -- I can handle it. The problem is that the dealer knows that he has a captive buyer for a commodity that has appreciated in value and is trying to take advantage. That I can't swallow.
That's the reason that businesses buy futures and enter option contracts. They eliminate or, more accurately, shift the risk of price fluctuations. If I sign a contract to buy your soybean crop for $1 and the price rises to $2 by the time I exercise my option, I made a good deal. I'm not going to take too kindly to an attempt to renegotiate or internally arbitrage an agreement. I take offense to a dealer trying to do that here.
Problem with the sticker is that it's just a piece of paper that they can take off the car and adjust.
I too expierienced the price increase that happened in early 04 when I ordered my car and my dealer honored the original purchase agreement. As long as you have an order agreement with Vin and delivery date, you should be fine. If your dealer says differently then your getting bent over... Perhaps since were talking e55 and they feel if you walk, they'll simply sell it to the next in line. Its too bad your dealer would try to do this to you now during purchase and will probably continue to keep you bent over every time you walk in for service, etc....
I agree. The dealer is trying to really bend me over. Problem is, the dealer already knows that there is only a limited chance for repeat business. In order to get the production slot that I got, I had to secure a broker and he called a dealer 60 miles from my home. I'm not doing my service there nor am I necessarily looking to do additional business with them. As you can see, my position with the dealer is weakened, because there are no incentives to even think about being fair when there is only one turn in this "game."
It sucks but it's the way that it's working right now.
Don't trip on it.... It sucks that the price went up but as stated earlier the e55 is car that isn't on every lot.... Just pay the man and enjoy your car.
Down the road you'll forget all about the few extra bucks, but you'll be drive one bad *** ride.



