Last post on May 22, 2013 at 10:22 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Sedan, Wagon
#1136 of 1935 Need Help in Buying Mercedes E350
Oct 10, 2011 (1:03 pm)
I am planning to buy a new E350. This will be my first mercedes.
I need your guidance on buying this car.
Q1. How can I negotiate a good price? How much under invoice do delears generally sell it?
Q2. Is it better to lease or buy the car? Is it better to get lease and then may be buy at end of term?
Q3. What money factor should I try to get incase I go for a lease?
Q4. I saw on craigslist ad. someone offerring lease on Brand New 2011 with P1 package for $469. When I called them they said they have this deal since they get volume discount from delearships. Is it something worth considering?
Any other tips to guide me will be appreciated.
#1137 of 1935 Re: Need Help in Buying Mercedes E350 [shyguycalif]
Oct 10, 2011 (1:50 pm)
The first thing you have to do is decide if you want a 2011 or a 2012. See the post just above yours for the differences.
Q1: Dealers in California seem to be selling the 2011's for about $10K off MSRP...that includes "conquest" money for those that own higher end competitve cars now. No one knows about the 2012 deals yet.
Q2: Generally this isn't a good idea..the numbers just don't work...but sometimes it does work (when they are giving money to inspire a lease but won't give it to you on a purchase).
Q3: The mf is set by mercedes not the dealer, although some dealers seem to try to jack it up. It's usually posted in this forum...I believe the current mf is .00192 or close to that.
Q4: Can't really comment, but personally I'd rather deal with a real brick and mortar dealer.
If you want the very best deal on a mercedes e today....get a blueTec (diesel) and lease it for 24 months.
#1138 of 1935 Re: Need Help in Buying Mercedes E350 [ghstudio]
Oct 11, 2011 (8:09 am)
I have some information from my dealer about incentives on 2012 E350 Sedans:
*There is a loyalty incentive from Mercedes Benz Credit for $1500 if you currently have a loan with MB Credit.
*The USAA incentive (if you are a member of USAA with account numbers, etc.) is $2000 below invoice + $500, or a net of $1500 under invoice.
*The 2012's were released from their ports of entry to "carriers" (truckers who transport vehicles to the dealerships) today! That means they should be arriving at dealerships some time today or tomorrow, but definitely this week.
My new car was released to the transport company yesterday, which means it should be at the dealer today or tomorrow. The invoice on my car is $58026.00 (MSRP is $62350). Since I qualify for USAA as well as the MB Credit incentive, my final price will be $3000 under invoice.
As for leasing, I do not know since I purchase my cars and use a $10,000 loan to qualify for the MB Credit incentive (minimum loan is 10K). As for the APR, I believe it will be 2.9%, give or take .5%.
#1139 of 1935 How to get more $ off.
Oct 12, 2011 (8:17 am)
I have been a member of the Mercedes club(MBCA) for many years. If you are now a member for a minimum of 1 yr you can print a Certificate on line for $1,000 discount from your selling dealer. Just bought a 2011 E350 Sport with USAA program PLUS $1,000 MBCA discount.
Have bought 3 new MB's in the last 3 years and have saved $4,000 total on my purchases from MBCA.
#1140 of 1935 Re: Need Help in Buying Mercedes E350 [abacomike]
Oct 12, 2011 (7:14 pm)
You did very well, Mike! Congrats on your new car. Anxious to hear your impressions of the new direct injection. Enjoy!
#1141 of 1935 Re: Need Help in Buying Mercedes E350 [bevbran]
Oct 13, 2011 (6:46 am)
The car still has not been received by the dealership, still in transit. They told me it would probably be in today or tomorrow. The way they explained it to me was that there were many, many shiploads of new 2012's waiting at the port to be released by Mercedes Benz to the dealerships. Depending upon where the car was, physically, determines how fast it gets out. I am anxious as well to try out the new engine, and from what my brother tells me about it (he has a 2012 coupe), he is getting 32 mpg on the highway, and 22 around town. So, since the sedan is a little heavier vehicle, I expect a little less, obviously.
Will let you know as soon as I take delivery, and thanks for the well-wishes.
#1142 of 1935 Re: Need Help in Buying Mercedes E350 [abacomike]
Oct 14, 2011 (6:48 pm)
You're NOT getting 4Matic, correct?
#1143 of 1935 Re: Need Help in Buying Mercedes E350 [bevbran]
Oct 15, 2011 (5:20 am)
Correct! Down here in Florida, one does not need an all wheel drive vehicle.
As an update, the dealer still has not received any 2012 E350 Sedans from the port, nor have any other dealers in southeastern Florida. My dealer called me last night and told me that the transport company said the cars will be in this weekend. From past experience this week, I would doubt it, but as soon as I get it, and try it out, I'll share my experiences with the new engine and new equipment.
#1144 of 1935 Decision on E-350 and Pricing Question
Oct 16, 2011 (9:06 am)
Was looking at the BMW 535 and Mercedes E-350. Based on reviews in this forum I am veering towards a Mercedes mainly due to stated problems on the BMW.
Now on the Mercedes:
1. Like the Sports Package but am concerned about the possible issues with the tires etc. and so decided on the Luxury Package. What do you think?
2. I am being offered 4K off MSRP and 3 year servicing free on the 2011. Can i Hope for any better?
3. On the 2011 i am not getting the color of my choice. If i do wait for a 2012 can i hope for a similar discount if I go back in 2 months? If so what is the discount on MSRP that i can hope for.
I am neither USAA nor any special discount category.
Eagerly awaiting responses
#1145 of 1935 Re: Decision on E-350 and Pricing Question [kish1970]
Oct 16, 2011 (9:38 am)
I'd wait for the 2012. Mercedes usuaslly has good incentives in December, but they wont match the 2011 pricing. If you wait you'll get the new engine and the color you want, which will pay off at resale time. I'd go with the luxury model for the more comfortable ride, better tire wear, etc. Good luck.