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2013 and earlier-Mercedes Benz E-Class Prices Paid and Buying Experience

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  • mbzgalmbzgal Posts: 8
    edited December 2011
    thanks to everyone on this forum!!! i read through and learned a lot before i went to get my e350 this week. even though i think i'm pretty saavy with getting cars, you do really have to be careful as others on this forum have noted. one dealer tried increased the $ factor on the back end, which would have substantially increased the price of the car.

    in terms of availability of options, in socal it seems like the cars have more options than you really want (or need) or very basic options (e.g. P1 only)--at least that's what i found. we looked at the panorama roof as 1 car was configured with it. in the end, after reading other comments on it, we decided to go against it because it seems to bring in more heat and because of other owner comments of the cost of fixing it IF it malfxns. because we didn't really want it (or need it) in the first place, we decided to go without it. in the end, i'm sure you'll be happy with your purchase either way. good luck! :)
  • Thanks and good to know. Unfortunately I was not blessed with the opportunity to serve and none in my family so can't avail USAA. I have R350 also if my C300 doesn't qualify for loyalty. Any success with producing TMV printout from Edmunds or Truecar.
  • abacomikeabacomike South FloridaPosts: 3,469
    The TMV pricing is way above what you should be paying. You should be able to get a new 2012 E350 Sedan without any incentives for $500 above dealer invoice. That is usually the minimum a dealer will sell a car for, especially with the E350 Sedan being in a high demand curve at the present time. Then, you have incentives. You should be able to qualify for loyalty incentives from MB Financial (I'm assuming you have at least one account with them) and there is another incentive that is not advertised anywhere for owner loyalty. You obviously can't qualify for the conquest incentive since you own only mercedes benz vehicles.

    I've seen people post on this site that they purchased an E350 Sedan for 3000 or 4000 below invoice with no incentives or rebates. I don't believe that, as I have also posted on this site. Only with incentives can you get a car below invoice like that. I bought mine for $3000 below invoice with MB Financial Incentive and USAA pricing + they threw in maintenance for 3 years worth another $800 - $1000. So, with what I got, I got the car for about $3800 to $4000 below dealer invoice. But, again, remember that was with incentives and rebates. Those people who posted that they didn't get any incentives or rebates and bought the car for 3 or 4 K below invoice either didn't realize they got them (they only saw the "selling price", not how the dealer arrived at the selling price) or are just blowing hot air. But that is my opinion. No dealer would sell someone a brand new E350 Sedan at 3 or 4 K below invoice and take a loss of that much. They'd be out of business in less than a month selling cars at those kinds of losses. There had to be rebates and/or incentives in order to arrive at that price.

    Would love to hear from the hosts of this site on this!

    The C300 definitely qualifies for owner loyalty along with Mercedes Benz Financial loyalty, assuming you have a lease or loan with them.

    If the dealer says there is "no" owner loyalty, check with several other dealers because, since the owner loyalty is not advertised or published, that is how they want to make a profit.

    Good Luck.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • kyfdxkyfdx Posts: 27,640
    Would love to hear from the hosts of this site on this!

    What is it that you want to hear?

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • abacomikeabacomike South FloridaPosts: 3,469
    Your thoughts about people who post on this site that they get new 2012 E350 sedans for 3 and 4 thousand below dealer invoice but didn't get any incentives or dealer cash, or USAA, etc.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • Thanks and that's wealth of info abacoMike. I had MBFin loan for 2009 C300 but it it had been paid off and closed. Do I need a current/active one to qualify loyalty incentive? 2008 R350was a PCO but with BofA and it too had been paid off. So... I ran out of ammo here?
  • kyfdxkyfdx Posts: 27,640
    edited December 2011
    Well.... like all the Prices Paid discussions, you can't just look at a single post (or three.. or four), and take that as gospel.. If that is all the research a potential buyer is going to do, then they probably aren't going to get a good deal, no matter what... If you follow a discussion for any length of time, it isn't hard to sift out good information from bad..

    While some of those posts may not be true, in most cases, the buyer themselves either aren't sure what they paid, or had a trade involved, or any other number of details that aren't present in the post.. ("oh yeah, it was a 2011, not a 2012")

    As a Host, we look for violations of the member agreement, and in the Prices Paid forums in particular, we watch for solicitations, and obvious shills.. We (mostly) leave the usefulness of the content up to the individual reader.. (caveat emptor).

    If you happen to see more content input from me, that's just because I have an interest in the model being discussed, or just some item that caught my eye.. I really like cars and if I'm in the market, I'm obviously interested in the mechanics of getting a lower price...

    We were shopping in September and October and the killer 24-mo. lease deals on the Bluetec made that a contender.. But, my wife chose something else, so you'll see my posts in the E-Class discussions peter out..

    If you have specific issues with a post, you can always click on any Host's name and shoot us an e-mail. (other than just being incredulous about the price...lol) Or, any issues with Hosting, in general.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • abacomikeabacomike South FloridaPosts: 3,469
    From what is being advertised, you must be currently in a lease or loan with MB Financial. If it has been paid off, and the loan is no longer active, it doesn't qualify for loyalty incentive.

    HOWEVER I would definitely inquire with the dealer to see if the dealer can intervene on your behalf with MB Financial. If that doesn't work, try contacting Mercedes Benz Consumer line (same telephone number as your roadside assistance number) and present your case to them. You are obviously a previous customer, and perhaps they can make an exception, especially since you own two Mercedes Benz vehicles.

    See what happens.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • abacomikeabacomike South FloridaPosts: 3,469
    Thanks for you feedback. As I have stated, after retiring as a school principal and school superintendent, I was fortunate enough to have a second profession as a sales consultant with one of the biggest and most successful Auto Dealership and licensed Distributor in the U.S. Then, I spent 5 years as a Sales Manager in the largest and most successful dealership for a specific line of cars, which I will not mention here.

    I know the difference between "factory invoice" and "dealer invoice". I know how much profit there is in a car and the many incentives offered to customers as well as dealers based upon number of cars sold per month, customer feedback surveys for sales and service, advertising cash, etc.

    I don't know EVERYTHING, but I do have lots of experience and a true understanding of negotiations, averages for profit, and the like.

    But I do know that a dealer cannot sell a car for 3 or 4 thousand below invoice unless there is some incentive, program, or customer/dealer cash available. I happen to know what is available for the 2012 Mercedes Benz E350 Sedans in terms of incentives, etc., and if an individual(s) says he bought one for that kind of money below invoice and did not have any incentives, cash, programs, etc., or just says it was their "December Sales Event" (which includes thousands of dollars in incentives) but insists there were not incentives, etc., then I take exception.

    Perhaps I am over-reacting, but there are folks out there trying to get the same price those individuals got, but don't qualify for any incentives or cash, etc., and can't understand why two or three people got that price without incentives, and he/she can't.

    I don't NEED to spend the time and effort I do on this forum site to help people get a great deal on a 2012 E350 Sedan. I just happen to know many people in this business, and especially sales personnel as well as many, many Sales and General Managers of Mercedes Dealerships.

    All I am trying to do is pass on this info to prospective buyers/lessees.

    Sorry if I take exception with a few posts, but I am very sensitive about erroneous information being passed on to readers of these posts.

    Thanks for responding to my request.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • lawcarlawcar Posts: 81
    Either too many or too basic, but unless you want to order a car with your exact specs, the mfr has a certain number of variations that can be made and held inventory. What configuration did you end up getting?
  • lawcarlawcar Posts: 81
    I'm going Monday to check out the car that dealer has in stock with my specs: color combo, P1, lane change assist. The $1,000 was cost for AMG wheel package ($760) and comfort box ($290). Most of other cars I found with a number of other dealers in socal either didn't have the lane/blind assist (which I think is a good feature) or had even more options. There is another one that has the rear spoiler instead of wheel package (along with P1 and lane assist). What do you think, spoiler or wheel package?
  • abacomikeabacomike South FloridaPosts: 3,469
    Actually, either one or both. What you want to do is get the car before they either sell it or it's too late for the incentives.

    Wheel package comes with a nice steering wheel, and of course, the nicer wheels. Rear spoiler is $300, which is negligible.

    Sounds like you are ready to go in there and make a deal.

    Build the car on cars.com or truecar.com - Edmunds, for some reason, left off the cost of the p1 and p2 packages from their "build-it" site recently.

    Then, add $500 to the invoice, subtract $2000 for the conquest incentive, and you are at $1500 under invoice. I don't think you qualify for any other existing incentives. Then, you also get the 1.9% financing, and remember, there is a 1% mark-up on the rate. So offer them 1.5% or 1.6%, and finance as much as you are able to finance. It's free money, so to speak.

    Hope everything works out for you.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • lawcarlawcar Posts: 81
    edited December 2011
    I'll see what I can do about the dealer paying off the 3 remaining payments on my BMW lease. They're due Dec. 29, Jan. 29 and Feb. 29.
  • lawcarlawcar Posts: 81
    On a purchase with 48 month lease, do you suggest buying extended warranty at time of purchase or later on?
    When you mentioned add $500 to invoice, and deduct $2,000 for conquest incentive, and arrive at $1,500 below invoice, did you mean factory invoice or dealer invoice?
  • ghstudioghstudio Posts: 930
    He means dealer invoice, not MSRP.

    If you are thinking of a 48 month lease, then consider the difference in purchasing at 1.5% or perhaps less vs leasing at over 4%.

    Personally, I always lease cars for less than the warranty period, so I never consider an extended warrantee...don't need it....so I can't help.
  • abacomikeabacomike South FloridaPosts: 3,469
    If you are considering leasing over buying, you do not need the extended warranty. You stated in another post that you drive 12,000 miles per year. After 4 years, you will be under your 50,000 miles limit. Remember, the warranty is for 4 years or 50,000 mile, whichever comes first.

    If you are going to purhcase the car, which is what I recommended to you, try getting it for 1.5% apr for 66 months. Even if you don't plan on keeping the car for more than 4 years, the least expensive way to do this is for the longest term at the lowest rate.

    You can purchase an extended warranty on the vehicle at any time prior to the car going off it's 4 year 50,000 mile warranty. They do raise prices from time to time, but if you end up not keeping the car, it's not worth buying the extended warranty. In 4 years, they will have a new body introduced with different engines, etc. So you also want to consider that as well. This new body was introduced in 2010. They usually keep their major body styling for 6 years. So in 3 years or thereabouts, expect a major body and equipment change.

    Factory invoice is the price you will see at cars.com and/or truecar.com. Dealer invoice would be factory invoice less 2% for holdback for the dealer. Remember, Edmunds, for some strange reason, has left off the P1 and P2 packages from their "build the car and price it" section. I don't know what happened there, but something is amiss, for sure.

    So, use cars.com to get to factory invoice. Dealers don't dig into their 2% holdback when selling cars - that money is used to drefray their overhead costs. Additionally, they are going to have to pay the salesperson for a "mini" deal, which at Mercedes Benz Dealers is between 200 and 250.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • abacomikeabacomike South FloridaPosts: 3,469
    Since you have remaining payments, that will have to be figured into the deal. Since you don't drive too many miles, see what your leased BMW is worth on a trade. Sometimes, not frequently, but sometimes the car is worth trading in as it may bring in enough extra dollars to cover remaining payments, etc. If you a expecting a rock bottom deal from the dealer, and your BMW is not worth more than it's payoff, I would doubt the dealer will reimburse you for the remaining payments - only because you are looking for a rock-bottom deal. If you are not, the anything is possible. But don't get hooked into something before you consider all the variables.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

  • lawcarlawcar Posts: 81
    If tires are staggered at 17" in front and 18" in back, what happens if you get a flat? Which spare does E350 Sport come with. I read that the sport tires life span is around 12,000 - 15,000, which means have to replace every year? Is it possible to put all 17" or all 18"? Thanks,
  • abacomikeabacomike South FloridaPosts: 3,469
    edited December 2011
    First of all, the SPORT sedan comes standard with 18" tires all around. It's the width of the tires and rims that differ, not the diameter. If you get the tire and wheel package, all you get is the new sports steering wheel and AMG wheels, which are 18" all around.

    Secondly, the spare is an 18" tire on it's own rim. All you do is replace the wheel and tire that is flat with the 18" spare (compact). Then, you go get the tire repaired or replaced.

    The tread life of the tires is all dependent upon the type of driving you do. I usually get about 16,000 miles on a set. I do a combination of highway and local driving. I do not accelerate quickly nor to I take corners at fast speed. I do not do alot of braking as I don't drive in traffic.

    It's the "fast" braking and "fast" acceleration and "fast" cornering that wear out tires before their normal life span. Front tires always wear out faster than rear tires because the front tires take more of a "beating" with cornering and braking.

    It's the rear tires that are a little wider than the front tires - not alot, just a little.

    Finally, when it comes time to replace the tires, I am going to look at the new Michelin tires with treads that last 28,000 to 35,000 miles. They make this longer-lasting tire for the Mercedes Benz E350 Sedan. Mercedes just chooses not to put them on their cars. The are a bit pricier than standard replacement tires, but not so much more that is definitely pays to get them. I believe Goodyear, Bridgestone and Michelin make the longer lasting tires. When I get a chance, I am going to check them out online - but I only have 1600 miles on my E350, so it will be quite a while before I will be looking for tires.

    2014 Mercedes Benz CLS 550 - best car ever! 2nd best car ever, my 1967 Corvette Stingray Coupe with 435 hp.

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