Last post on Jan 28, 2013 at 5:55 PM
You are in the Sedans
What is this discussion about?
Audi A8, BMW 7 Series, Jaguar XJ-Series, Lexus LS 460, Mercedes-Benz S-Class, Volkswagen Phaeton, Maserati Quattroporte, Mercedes-Benz CL-Class, Sedan
Let's try to define this forum as being limited to luxury performance vehicles where the mainstream version in a typical configuration has an MSRP of at least $60k.
A luxury vehicle with a base price of $59k qualifies because it would typically be bought with some additional equipment, bringing the MSRP over $60k.
Vehicles like the E, 5, A6, M, or GS, even if available in certain versions over $60k, don't qualify because they are cars from companies that have higher end cars in their lineups.
#24693 of 24726 Re: Leasing a new 2009 or 2010 750li [blckislandguy]
by Kirstie@Edmunds HOST
Nov 21, 2009 (12:13 pm)
You misunderstood my comment - I don't think asking for complete data in any way means you're a lesser mortal. In fact, I was implying that more than just purchase price needs to be researched. My point is that some models have very high maintenance and repair costs. Before entering into a purchase, one needs to feel comfortable that they can afford those costs as well, especially if those costs are LIKELY.
I could've purchased a really nifty BMW 635csi for about $3K a couple of years ago. In that instance, purchase price should not have been my main concern. I would've likely spent well over the $3K in repairs by now. I was merely pointing out that not all "good deals" are as good for the buyer as they might seem to be.
#24694 of 24726 Re: Leasing a new 2009 or 2010 750li [blckislandguy]
Nov 27, 2009 (8:17 am)
when you go in to a dealer to buy a car, what then is the correct set of information you've compiled to be able to know exactly what price to strike with the dealer?
We've gone to edmunds, etc, priced out the model w/the exact options we want and have sent requests for quotes to several dealers. Nonetheless, I always feel as though I'm walking in to a shell game anytime I walk in to a dealer and never quite certain I've avoided unnecessary and conspicuously labeled cost gimmicks.
any and all wisdom (and honesty) greatly appreciated...
#24695 of 24726 Re: Leasing a new 2009 or 2010 750li [slear]
Nov 27, 2009 (2:20 pm)
This is the ultimate question,'how do you know if you're getting a good deal?'
The jury is out, and you will get lots of different opinions. First, and most important, be patient. Look around, not just locally. The internet has made it very easy to find anything, anywhere. Not that you have to go far, but work the numbers with a few different dealers. It helps to stop in once a give them a face with the name, just don't get emotional. Agreed, edmunds is a good place to start, then use the forums here to see what's going on now. It helps if you convey confidence and understanding of the sales bs, that is out there. Once you narrow it down, make an aggressive offer. Now turn the tables by telling them you'll think about it. You can counter and walk away at anytime. Again, be patient!
This industry is having a tough time, without being rude, you can definately get a better than average deal if you're patient and push it.
#24696 of 24726 Re: Leasing a new 2009 or 2010 750li [borno]
Nov 28, 2009 (10:43 am)
Your advice is right on.
There is really nothing to add to it other than that when one does go to the dealership, go at a time good for you, i.e, not when you are stressed or rushed.
Additionally, I think you should go well dressed which is not hard to do given what most Americans think is appropriate to wear when spending 50K. Going well dressed with a Wall St Journal under your arm to read when the sales guy leaves to talk with his "manager" will give you more self confidence. It will also communicate to one and all that you are not the average slob in a sweatshirt and jeans. In all likelihood you are better educated and better paid than any "sales consultant" you might meet and it might help to communicate to communicate that.
Finally, if you go during service hours, why don't you ask for a tour of the service area and ask to meet the service manager, not a service writer? This will throw them a little off balance and elevate you in everyone's eyes. There is tension between the sales guys and the service people and it would be interesting to get their reaction to your request.
#24697 of 24726 Re: Leasing a new 2009 or 2010 750li [borno]
Nov 28, 2009 (3:09 pm)
Thank you very much.
So now I have 3 written quotes from 3 dealers for a 535x drive:
Dealer 1: $58,500 USD (includes the options I want); discounted to $54,000
Dealer 2: $57,500 USD (also includes options); discounted to $53,500
Dealer 3: $58,000 MSRP (includes options, not color pref); discounted to $52,500...this car is also from their 2010 loaner pool and has 2,700 miles.
Have gotten the Edmunds comparator and these numbers all net out consistent w/Edmunds.
So my question is about what you mean by be "aggressive." Is there still room for these folks to improve their offers? I don't want to be rude, but I also don't want to overpay and would like for once to feel as though I've gotten a "better than average deal" as blckislandguy says above.
Thank you so much again in advance for any additional advice.
#24698 of 24726 Re: Leasing a new 2009 or 2010 750li [slear]
Nov 30, 2009 (1:20 pm)
Any thoughts on my last email to you?
Thanks again in advance!
#24699 of 24726 Re: Leasing a new 2009 or 2010 750li [slear]
Nov 30, 2009 (6:41 pm)
I'll bet you that you have more room to play with than just a $1000 difference between a brand new car and a service loaner with 2700 hard miles.
If you took and additional $1500 off their offer, they would quickly come down an additional $1000 to $51500 and probably break your arm trying to get your check. HOWEVER , I am not sure that the $2000 savings over a brand new car is worth it because the loaner's warranty clock is already ticking.
#24700 of 24726 Re: Leasing a new 2009 or 2010 750li [slear]
Dec 01, 2009 (12:24 pm)
Have you also considered getting written offers from competitor companies like Mercedes-Benz and Audi. doing so makes them fight even harder for your money. They see you out doing research beyond just what they have it becomes very beneficial at the negotiating table
Dec 10, 2009 (6:20 pm)
there are several great luxury cars as we all know, but at a price of $50k, that truly limits luxurious cars that fit in this category. bump the price up and you get many more choices. I would have to say the Mercedes Benz Brabus Edition is a great car!
Dec 17, 2009 (10:48 am)
A reporter is looking to speak to consumers who recently purchased (within the past month) or are going to purchasing a luxury car for the holidays. Please send your daytime phone number and the car you purchased to ctalatiedmunds.com by Friday, December 18, 2009.