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Prices Paid: Buying & Leasing Experiences Mercedes Benz C-Class Prices Paid and Buying Experience
1002 messages, Last post on Nov 28, 2009 at 2:00 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gotgt3 (Jan 18, 2009 2:49 pm) Car_man is the moderator of this forum. Just give him a description of the car and the lease terms you are looking for (term and number of miles per year) he will provide you with the current lease terms (residual and buy-rate money factor). In terms of negotiating, edmunds is showing an MSRP for a C300 Sport 4-Matic with P2 of $38,465 (incl. destination), invoice at $35,834, and TMV $32,915. While the TMV number is not hard and fast, what it does tell you is that cars are regularly selling for $3,000 below INVOICE -- or nearly $6,000 off MSRP. This is aided to some degree by the fact that MB is offering dealers $2,000 in "dealer cash" -- which is basically a subsidy to sell the car and something you should take into account when negotiating the cap cost/purchase price of the car. I don't know what your dealer is telling you, but the fact is that this is a buyers market and you shouldn't be afraid to negotiate (or walk out and try another dealer). I don't know if this vehicle has any other features (it would be rare to find one with *just* P2), but if the numbers above are accurate then I'd offer a cap cost of $32k and work up from there, with the hope of landing no higher than $34k. In terms of benchmarks, I leased a C300 Sport loaded (P2, Multimedia, AMG wheels, wood trim, iPod connectors, metallic paint, window tinting) for 39 mos at 10k miles/yr for about $2500 out of pocket with monthly payments of $580 (including tax). My residual is almost identical to yours ($25,15x.xx)
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Replying to: soccerandlost (Jan 18, 2009 9:21 pm)
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Replying to: jwilliams2 (Jan 19, 2009 5:23 am) |
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I wanted to share a recent experience in trying to buy a used Mercedes C-class, and am also interested what other reader experiences have been. In December 2008, I started actively looking for a 2005 MB C240 4Matic. I got financing through my bank and started to visit used car dealerships in the Boston area. Being the end of the year (was after Xmas), I assumed dealers may be in a negotiating mood. I was surprised at the lack of willingness to negotiate from the dealers. I seemed to have miscalculated many assumptions, which are listed below. 1. End of the year shopping - dealers didn't seem motivated to sell their cars before the end of the year. Even on cars that have been in their inventory since June 2008. 2. The economy - I assumed there would be fewer buyers looking to purchase a car in this economy, therefore, dealers would be more willing to negotiate with customers. In fact, they gave very little room in negotiations. I couldn't get many dealerships to even get back to me when I called/e-mailed for more information on a car. On average, I have been offering 10% less than their asking price. Is this unreasonable? What is an average markup/profit on a used Mercedes? What is a reasonable starting point for negotiations? 90%? 85%? 95%? I found an interesting trend on eBay. I searched for 2005 C240's and many are listed. The asking prices are similar to what I am finding at dealerships. When I searched for only auctions that ended, I found that approx. 3 out of 100 cars were actually selling. The cars that have sold were much closer to the prices I have been trying to negotiate, other listings seemed very high. I'm wondering if anyone else has a similar experience, or a different one. Is the economy not as bad as I am reading about in the news? What sort of deals are actually being had out there? Thanks!
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Replying to: MA_Driver (Jan 19, 2009 1:09 pm) I've had the same. I wasnt getting any responses - 2 weeks after a RFQ no numbers and the audacity for 1 dealership to say noone is available everytime I called. Asked them point blank if they wanted to sell a car or not? Still no numbers. It's ridiculous. Im even considering other brands now, even though I don't want to, because of the rudeness and lack of service provided by most of the benz dealers in my vicinity. 1 in particular refuses to talk anything but MSRP. What planet are they from?
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Hi, Guys: I just bought a used 2006 C280 sedan from dealer. I have questions and hope to ask from you guys: 1): My C280 has cell-phone prewired package. Dealer will charge about $1,700 to make it work. Does anyone hear about third-party solution? such as extra part, procedure. 2): There has exterior lamp switch. When it turns left one stop or two stop, according to the user manual, it supposes to turn on left or right standing lamp. But I do not observe the light. Does anyone know how it work? 3): How to open the cover of air filter? Does it is very difficult or need special tool? I find that that there have two parts above the engine. The front part is easy to remove and just pull/lift it, which let you to access the oil filter. But the back part on air filter/duct looks difficult. In the User Manual, it DOES Not provide such info. Thanks. Thanks. |
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Replying to: gotgt3 (Jan 19, 2009 1:27 pm) Another note on pricing is that many dealers are claiming to be "upside down" on their cars, therefore not able to sell below their asking price (which I feel is still high). They bought the cars many months ago before the economy got really bad and wanting to at least break even, which I can understand. It's interesting because I view cars as a perishable, losing value every month, especially on cars that still have an existing warranty. At a certain point, a dealer may have to face the reality of the market and take a loss on a car. That is my hope at least... I'm a patient buyer so I will see what happens in the coming months. |
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Mercedes C300 sport 4matic 2009 P1 package Multimedia Ipod Wood trim MSRP 42890 quoted 39500 (500$ below invoice) MF 0.002 Lease for 39 months/12000 K Payment: 471$/month, Upfront = 3350 downpayment + 795 Acquisition + First month payment + Tax. Residual value = 55 % at 39 months |
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I think I did some serious damage on this one and I wanted to post here after lurking enough around the forum. 2009 C300 Luxury 4MATIC with P1 MSRP - 39850 39 Mo Lease 12,000 Mi/yr $2480 Down at Closing $439/mo INCL NJ Taxes !!!!!!!! I think this was way below invoice.Go get em this month guys as I think Feb may change the residuals lower..... |
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I am looking to pull the trigger in a new 2009 C350 with P02, MultiM, Leather, AMG wheels. I see lots of confusing prices with people talking about leases but I am buying. I think I should be able to get a pretty good deal on this since I have heard many people opt for the C300. Can anybody confirm they paid below invoice and about how far below? I am not looking to hammer this dealer I just want to get a good deal. I got about 10% off my current 1999 C280 when I bought it. Can I get about the same now on the 2009??? Thanks
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