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Mercedes-Benz M-Class, SUV
#238 of 743 Opinions needed... good deal on the 07 ml500?
May 26, 2007 (9:01 pm)
premium 3, leather, sport package, 19" rims, dual rear dvd, 6 disc cd, and the lighting package.
msrp sticker is $65355
dealer is saying they will do a no profit deal (i dont' believe that) and sell me the car for $60,600 out the door with tax and license. i'm in norcal so tax and license is approx 10% of msrp.
mercedes is giving the dealer $3000 cash for every ml500 they sale. supposedly i'm supposed to be getting all of that. edmunds says mbenz gives 3% holdback on total msrp.
do you think i can do better? i really don't think they are selling the car with no profit when mbenz is going to give them $1650 ($55,000 x 3%)
do you think i can do better?
* 2007 Mercedes-Benz M-Class Prices & Equipment
#239 of 743 Need advice on 2006 ML350 purchase
Jun 02, 2007 (7:47 pm)
I am looking to buy a 2006 ML350 with Navi, out the door for no more than $40,000.00 (I've been approved for $40,000 anything above that will be out of pocket, which I don't have). My problem is a currently have a SUV, owe 17,000 on it and the dealer will only give me 7,000. So am I dreaming?
#240 of 743 Re: Need advice on 2006 ML350 purchase [kim128]
Jun 09, 2007 (7:23 pm)
Ok, so 2006 was not in my reach. Dealer offered me a 2005 ML500 Special Edition, with 37000 miles. Sale price was 34,900 and dealer offered 41,500 out the door including taxes, fees, and paying off the 17,000 loan. They will throw in all weather mats and car is certfied..Is this a good deal?
#241 of 743 Re: Need advice on 2006 ML350 purchase [kim128]
Jun 10, 2007 (4:15 pm)
You're still upside down but should be OK in about
4 years, depending on the length of your new loan and
if you keep this vehicle and don't put a ton of mileage
on it (ie., 25000 miles per year or more), during that time.
#242 of 743 Current ML500 Deals
Jun 26, 2007 (1:17 pm)
Looking to purchase an ML500. I have received an offer of $1,000 below invoice for 2007 Ml500. Is this a good deal. I believe the dealer is getting $3,000 back from MB. I do not know what holdbacks may be involved.Thanks.
#243 of 743 Just bought my second ML below Invoice!
Jul 13, 2007 (8:13 am)
I sent out a price quote request through one of those websites and received quotes from all the dealers except from the San Jose dealer where I bought my previous ML from. I decided to call Smythe giving them the lowest quote I received (42K) from Fletcher Jones and letting them know that I need to buy within 48 hrs. The manager called me back a few hours later presenting a “returning loyal customer” discount beating my lowest quote by a few hundred. Just before he called, another bay area benz dealer actually offered me an even lower quote ($163 less), but we decided to go with our San Jose dealer simply because we really like their service dept a lot better (Smythe). I’ve been relatively lucky with my previous ML, it has been a real pleasure to own purely due to the Smythe service, I hope they will maintain their great service. I'm not a car buff, I just want a good SUV with a good service.
My new ML 350 2007 with premium package, CD changer MSRP 47,395, Invoice $ 43,413. I purchased below invoice for $41,683 including destination.
We drove to Smythe in the evening to inspect the car and drove out the new SUV 2 hours later, it was so quick and painless. I bought the extra ELW Benz warranty for 3 additional years 100K (no deductible) for an extra $4120 (I paid only $2450 for the 4 extra years warranty I bought for my old ML).
Off subject: Originally I wanted the BMW X5 but our lawyer neighbor told me that he finally got a prorated refund for his new 7 series lemon after a long battle & painful series of unsuccessful dealer repairs. Another told me that his X5 engine cracked while being serviced by the dealer, for which the dealer told him it's not uncommon after a few years! Another X5 owner told me that his car dashboard came loose! The two nearby BMW dealers in our area just ruined the BMW ownership experience mostly due to incompetent repairs, cars sitting unrepaired causing long service delays, cars returned dirty and frequent cheap japanese lender cars despite being promised for BMW lender cars on the phone. They lost their BMW master technicians after their corporate owner AutoNation cut their salaries and reduced their Christmas bonus to a frozen turkey.
The Porsche Cayenne would have been my first choice for style even with its low JD power satisfaction rating (due to initial debugging repairs). The Porsche emblem is what makes it different from the VW Touareg. I decided against it when the salesman emphasized that the simple Cayenne is made for the mass not for their typical Porsche clientele. I became concerned how their service dept is going to treat me if they have that attitude during sales.
#244 of 743 '08 MSRPs are out
Jul 18, 2007 (1:34 pm)
Up $1,000 y/y for base 320CDI and 350. Up $3,200 y/y for 500 (going to ML550). Also, nav/camera are now included in Premium 1, which is $3,750.
#245 of 743 Re: Just bought my second ML below Invoice! [kaistring]
Jul 25, 2007 (7:14 am)
Kaistring, which website(s) did you use?
#246 of 743 Re: Just bought my second ML below Invoice! [naiel]
Jul 26, 2007 (4:39 pm)
You can use edmunds.com to send quotes to multiple dealers.
Also, you can try carsdirect.com to get an idea of the price.
Do a TMV research of the vehicle price and come up with what you want to pay. Know before hand what options you want, how much you want to pay and how much deviation from your specs will be acceptable to you.
Last week, i bought a 2007 ML 350 Pewter/Black, Premium1, Parktronic, Sports Package, ipod integration and heated seats == 43750/-
2008 MLs are coming in so you might get a good deal on 2007 ML.
In Bayarea, i would suggest Smythe European. I tried all from Pleasonton till Autobhan in South San Jose. Smythe was good in all its dealing. No pressure. Talk to Goransmythe in sales.
#247 of 743 Re: Just bought my second ML below Invoice! [parakram]
Jul 26, 2007 (7:06 pm)
Thanks for the great info. I will give it a shot. I am looking to lease, so I think I might have better luck with the 2008's since the residual will be so much higher. Sounds like you got a great deal though.