Last post on Dec 08, 2013 at 3:58 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Sedan, Wagon
#1009 of 2213 Re: Help with discounts: 2011 E350 with P1 [steve127]
Aug 30, 2011 (6:01 am)
I don't understand why your dealer would say that the 2012's won't have the new engine until next year. The fact is that all new 2012's will have the new engine and new transmission. That is why I ordered mine. It is supposed to be in sometime in mid to late October. It will be the same engine as the 2012 E350 coupes and convertible. Can't understand why your dealer told you the engines would be the same as the 2011's.
Remember, the coupes are already in the dealerships with the new engine. Why would Mercedes have a different engine in the sedan from the coupe?
It you go to benzonly.com, you will see the specs on the new 2012 sedans and wagons.
#1010 of 2213 Re: Are we getting a good deal? [bmd1206]
Aug 30, 2011 (6:04 am)
Since you are purchasing a Benz for the very first time, you will not get any other incentives. When you go with the USAA discount, you don't get any other incentives or discounts.
However, there is some money available directly to the dealer. Offer him $1000 less than the price he quoted. See what he says. I would also go to another dealer and present the same offer to them.
The only other incentives available are the conquest incentive, which is also $4000 (not available with USAA discount), etc.
#1011 of 2213 Re: Help with discounts: 2011 E350 with P1 [abacomike]
Aug 30, 2011 (6:46 am)
I feel so manipulated.
Both sales man and sales manager at MB dealer in Dallas told me that the first shipment of 2012 E350 will NOT have new engine. They told me that the new engine will be available in Spring of 2013 as mid year model change and recommended 2011 model.
Obviously, they were trying to clear out 2011 model no matter what it takes.
I have contacted another MB dealer and found out that they were flat our lying on this. I am in the process of ordering 2012 E350 sedan Sports Pk, P2, and Leather from other dealer. I am not sure how much discount I can get at this time.
I am going to let the first MB dealer how unethical business practice they have done to me. I would never go back to the dealer and post comments on the dealer review site. I don't want other perspective MB buyers to fall into this.
#1012 of 2213 Re: Help with discounts: 2011 E350 with P1 [steve127]
Aug 30, 2011 (7:05 am)
Just as I figured. Because of what you said, I contacted my dealer just to make sure, and he assured me that all 2012's will have the new engine, new transmission, and revised LED front daytime running lights.
I ordered mine in Silver with black leather, multi-contoured front driver's seat, ventilated front seats (we need those down here in Florida as I am sure you will need them in Dallas), P2 package, rear spoiler. MSRP is expected around $61700.00. I doubt there will be any incentives right away, however mine is not due in until late October. So I will wait to see if they have special incentives for their "winter sales" which usually starts November 1st and runs through the holidays. Last year, they had a $2500 loyalty discount as well as $1500 incentive for current Mercedes Benz financial customers. I predict the invoice on the car will be around $57,000.00. If they have no special deals as of November 1st, then I will be forced to pay the big bucks. However, I plan on keepoing this once for at least 3 years which is when they will probably change the body style.
#1013 of 2213 Re: Help with discounts: 2011 E350 with P1 [abacomike]
Aug 30, 2011 (7:55 am)
Your spec will be very similar to mine. Here's the detail on mine.
2012 E350 Sports Package, Iridium Silver, Black interior, Black ash, P2, Leather, Ventilated seats, real spoiler, wood sterling wheel, AMG 18" wheel.
I usually buy the car off the lot and never ordered one. This will be a new experience for me how I have to negotiate the final price.
When you order yours, did you have to put some deposit down right? Are there specific conditions that you can cancel the order? Such as, you are not satisfied after test drive the new car and finding out some issues.
You have mentioned that yours will be due until mid October. Does that mean you are going to finalize price including any possible incentives or royal customer discount at that time.
The last note on the body style change, E350 has been updated on 2010 so it will be due on 2016(7 years model change). It will be good for another 4 years at least.
#1014 of 2213 Re: Help with discounts: 2011 E350 with P1 [steve127]
Aug 30, 2011 (8:27 am)
Interesting. I also ordered the AMG wheel package. So our cars will be identical except for the seats I ordered (mulitcontoured).
I already know what I will be paying. No, my dealer knows me very well. He ordered the car(s) for me without a deposit. In fact, he ordered two for me, one due around October 1st, but with Premium 1, rear spoiler and wheel package. The one that is due in later October will have the the upgraded packages.
I will probably take the P2 package car with the multicontoured seats, ventilated seats, rear spoiler, wheel package, Leather, etc. I expect to pay around $57,000 for the car if there are no additional incentives, etc. The reason I get such good deals from my dealer is because I have purchased 6 cars from him in the last 2-1/2 years. So I get a fantastic pricing arrangement with him. He also gives me above book value for my trades.
Thus, I expect to take delivery of the new car around NOvember 1st, or thereabouts.
As for canceling the order or not taking the car when it comes in, I don't have that problem for the above reasons. However, if you are required to give a deposit, I guess you have to give one, but make sure it is a REFUNDABLE deposit should you not like the car when it comes in. Most dealers would do that for you. My dealer told me if I don't take either of the cars he ordered for me, he can easily sell them off the lot.
Good luck with yours. Can't wait to get the improved fuel economy with 302 horsepower.
#1015 of 2213 Re: steve [ghstudio]
Aug 30, 2011 (9:02 am)
Steve - It sounds like you got an amazing deal on your car. What happens to your security deposits if you total the car? What is the amount of the security deposit? I'm trying to understand if this makes sense for me. Thanks!
#1016 of 2213 Re: steve [chicagomom]
Aug 30, 2011 (9:28 am)
The security deposits are security deposits...they are not "cash down" payments....When mercedes calculates the "gap", they (should) not include security deposits in the amount you have paid...and they should cover any gap shortage.
That is one of the reasons that you don't want to make a down payment up front.....but you should use whatever money you were going to use for a down payment to buy down the finance charge with multiple security deposits. BTW, this also applies if you have a trade in....take the trade in money and don't let the dealer apply it as a cash down on the lease...insist that he apply it as multiple security deposits.....or if he is totally confused (which he will be), ask him for a check for your trade in....and then write another check for multiple security deposits.
Be prepared for the dealer to tell you that multiple security deposits aren't worth doing, your payment will go up (because you aren't making a down payment), etc. Very few dealers understand them. I bought from a major MB dealer and they haven't done a multiple security deal in 5 years...they never understood what it was and why it saved money. You need to insist that they run the numbers using the same money as a down payment as one case, and then a case using that money to buy multiple security deposits. Then add up all the payments you're going to make over the life of the lease and see which one costs less. Don't forget that you write a (big) check for multiple security deposits when you sign the lease, but you get that money back at the end of the lease.
BTW..it's ghstudio who got the deal on the diesel...not steve.
I will write more on multiple security deposits here shortly.....I continue to learn "tricks" to sweeten the deal even more. In fact, I made a mistake in my deal...I residualized the loan origination fee which made my monthly payment go up and made each "multiple security deposit" higher...so I loaned them more money than I needed to. I should have prepaid that fee. Oh well...there's always next time.
#1017 of 2213 Re: Help with purchase price of 2011 E350 4MATIC (Luxury) [abacomike]
Aug 31, 2011 (10:58 am)
Hi abacomike. Just wanted to let you know that I took your advice of quoting 3K under invoice (I actually quoted almost 3.5K under), for the exact car I wanted, making it clear that I wasn't coming in without written acceptance from them, and the deal was completed via email and the car was in my possession in two days from start to finish. Thanks a ton for your advice and assistance.
#1018 of 2213 Re: Help with purchase price of 2011 E350 4MATIC (Luxury) [njj1]
Aug 31, 2011 (11:24 am)
Had a feeling you could get your price. Just enjoy the car. This E class series is a stupendous vehicle. Far superior to the other E class models they have produced in the past.
Glad you got the exact car you wanted.