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

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Comments

  • abacomikeabacomike South FloridaPosts: 3,113
    Mercedes dealers are allowed to mark up money factors for extra profit, and many of them do...

    Not just money factors - they also can mark up buy rate interest on auto financing. If the interest rate on financing through MBFS is 3.9%, there is a 1% mark up included in that rate which means the dealerships buy rate for that loan would be 2.9%.

    Additionally on loans from MBFS, if you use direct withdrawals on your loan from your bank, you can save an additional 1/2 %.

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

  • yes. all of this is true, however that is part of your due diligence making sure you get the best rate. Going in informed and not letting the dealership literally screw you. That is why these forums are great so consumers can find information and not get taken advantage of.
  • utc2utc2 Posts: 42
    pingpong30,

    I like your strategy of getting the lowest documented discount from the internet staff at LB and then basically letting the dealers fight over the giving you the best deal. I try to do the same myself and like you said it keeps the consumer from getting screwed.

    Can you let us know who ended up beating you quote (dealership and initials of salesman)? Many thanks. I hope to use the same strategy and will share my findings with the forum as well. Thanks again!
  • I am done shopping. Assuming this guy is legit, the best quote I have received is as follows:

    MSRP: $59,200.00
    Cash Price: $47,370.00

    My email to the salesman below. And he answered "Looks Correct" "Yes"

    So on a 2014 E 350 with a MSRP of $59,200.00, you will sell me the car for $47,370.00? If purchased out of your stock? Please confirm

    MB of Encino - Internet manager- Pat I would not make a trip into the dealership without something in writing signed by the general manager, or emailed paper work, ready to sign, with all of the numbers and disclosures right in front of you. I just don't trust anyone in auto sales, especially this Pat. Otherwise, House of Imports was $750 more and MB of Long Beach a bit higher.
  • you might want to verify if the deal is for leasing, or buying? the reason being with purchasing, there is more incentive. btw, is the gent/lady's name PAT?
  • It is for purchase. There is only a $3K incentive from Mercedes for lease. There is a $3K holdback that it appears the dealer is kicking into the discount. Pat is a male. Supposedly the internet manager.
  • lexusbilllexusbill Posts: 59
    edited September 2013
    make more sense now, with purchase/financing( not leasing), the incentive is $5k. btw, what did the house of import quoted you? thx
  • $750 more than MB of Encino. MB of Encino is the lowest in town. NO one will match the price on a purchase.
  • were you able to get the final price confirmation?
  • real. go for it. No one else will touch it. You can tell him you got the pricing from Eddie and confirm yourself. I told him that I had relayed the pricing to a few other people. Probably have until the 30th of Sept, then who knows what Mercedes will offer.
  • 2013 E350 4Matic Sport Edtion, Steel Gray withP1 pkg, Wheel pkg(r08), Sport pkg, Comfort box, rear trunklid spoiler. MSRP $60,915, and the dealer asks for $48,500 + TTL. Is it a good price?
  • Is this 2014 E350 sedan (gas engine) a 4Matic one? with P1 & Sport pkgs? Thanks!
  • vegasdelightvegasdelight Posts: 1
    edited September 2013
    Afternoon all -

    2012 E350 Luxury with 25k miles for sale by a non-MB dealer is asking $35,989. - AutoCheck shows the following:

    1. Titled or Registered as a Rental Vehicle, or Part of A Rental Fleet.
    2. Left Front Impact Collision Accident Reported - Police Report. 02/2013 (no other information is provided regarding this accident report)

    No title issues. Title shows as clean.

    I test drove the vehicle, on highway and residential area, and the ride was smooth. The inside of the vehicle looks pristine. I observed the left front and no sign of damage to vehicle. Dealer did not have additional information regarding the accident but the "manager" informed me that it was at least 1k of damage.

    I'm uncertain if he knew that b/c that is the minimum amount needed to be reported on Autocheck, or something else. I did not push the issue since my intent, for the day, was to test drive only. I plotted to hammer the accident report at the time of negotiation so I did not push the issue.

    The vehicle has been on their lot for over three months. I've seen the price drop from $40,000 down to $35,998. I was going to offer them $34,000 including all "doc fees" etc., but not including tax.

    Side note: Carfax does NOT show the accident that Autocheck shows.

    Thoughts would be appreciated. Thanks in advance.
  • lexusbilllexusbill Posts: 59
    edited September 2013
    hi, are you leasing, or purchasing? which dealer, or sales first name? thx

    from what i gather, most dealer would do this kind of deal if you purchase/finance, NOT lease

    wait, NVM, just saw it is a 2013 model
  • raysvaraysva Posts: 3
    edited September 2013
    It's a purchasing. Just curious if it's a good price to buy for this 2013 model. Or should I go with 2014 same model but pay for $5000 more.
  • not sure of your area. unless you really like the '13 look, from what i read, you can easily get the 14 model for ~$2-3k more than the 2013, with more colors to choose from. $10k off msrp is what most are getting here in LA
  • Looking for some advice. I am looking at either a new 2014 E350 or a E550 Sedan. Really wanted an E550 Cabriolet but no 4matic! There is a 10k difference in price. Is that only for the engine difference? What else is different between the two vehicles?

    Here are the prices I have received from dealers so far:

    E350
    Diamond White/Chestnut brown
    Sport package
    Lighting
    Sport wood leather steering wheel
    Premium 1
    Trunk close
    keyless go
    split folding
    Heated and Active ventilated
    Active multicontour driver seat
    panorama roof
    115v outlet
    4matic
    driver assistance
    parking assist

    E550 (same as 350) only option I did not add was airmatic. How much difference does it really make?

    Lease Prices
    E350 24m 7500mi 71050msrp 63500 selling price 722/m 3300down
    E350 36m 7500mi 71050msrp 63500sp 721/m 4039down
    E550 24m 7500mi 77060msrp 70038sp 890.24/m 5982down
    E550 36m 7500mi 77060msrp 70038sp 783.36/m 6462down

    Thanks.
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  • I am buying my first Mercedes and it will be 2014 E350.

    How much, at least discounts should I get ? percentage wise.

    Thank you all.
  • I was quoted $47,350.00 on a car with a MSRP of $59,200.00. MB of Encino.
    E 350. Incentives from MB change today so I am not sure if that same pricing is available. Up to Sept 30 Mercedes was giving a total of $11K in incentives to the dealer.
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