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Prices Paid: Buying & Leasing Experiences Mercedes Benz C-Class Prices Paid and Buying Experience
1006 messages, Last post on Nov 28, 2009 at 6:38 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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Replying to: dannnv (Jan 22, 2009 7:29 pm)
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Replying to: liche90 (Jan 22, 2009 8:18 pm) |
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