Last post on Dec 03, 2013 at 4:45 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Sedan, Wagon
#1239 of 2212 Re: Is this a good price??? [sanv]
Nov 20, 2011 (1:55 pm)
I would think so. Mine was $62325 MSRP and I paid $55300, or about the same as you did. I also got 3 years of Mercedes Benz Maintenance included, which prices out at about $750. I did not qualify for conquest as I drive Mercedes Benz products. I got the 2000 USAA incentive, along with 1500 for loyalty from Mercedes Benz Financial.
Any price that is less than 2000 below invoice "without incentives" is excellent due to the shortage of 2012's out there right now. My dealer told me he ordered a ton of sedans, but they are sending him 1/2 of what he was able to order. I don't know why Mercedes Benz is cutting production, but it sure reduces inventories.
Good luck with your new E350. I love mine - best E350 I've ever owned.
I even checked out COSTCO but none of the dealers who are associated with them down here would provide a competitive price on an E350 sedan due to the shortage of vehicles.
#1240 of 2212 Re: Is this a good price??? [abacomike]
Nov 22, 2011 (9:04 am)
The Financial incentive is for the 2012 only?
#1241 of 2212 Re: Is this a good price??? [mrashy2004]
Nov 22, 2011 (9:19 am)
No. I believe there are still incentives for 2011's, if there are any left. But, Mercedes Benz has added additional incentives on 2012's.
1. Mercedes Benz Financial incentive if you are currently in a lease or have an existing loan with them - 2000.00
2. Loan incentive of 1.9% (which is negotiable by the way because they have a 1% mark-up on the rate) up to 66 months.
3. An additional incentive to current owners of Mercedes Benz.
4. USAA incentive is invoice + 500 LESS 2000.00
You cannot bundle USAA incentive with conquest or loyalty incentive, but you can bundle Mercedes Benz Financial loyalty with USAA. You can bundle Mercedes Benz Financial Loyalty + special incentive + special finance rate.
#1242 of 2212 Re: Is this a good price??? [abacomike]
Nov 23, 2011 (5:10 pm)
I spoke to two different dealers and they said they can not stack the conquest cash with the Mercedes financial incentive (2,000). I am assuming they just don't want to do it?
#1243 of 2212 Re: Is this a good price??? [mrashy2004]
Nov 24, 2011 (1:05 pm)
That is correct. I must not have explained the "bundling" issues properly. Conquest Cash is for buyers who do not have a Mercedes Benz currently. You can, however, bundle the Mercedes Benz Financial incentive with USAA, which is what I did. Last month, the incentive was only $1500 for MB financial which I bundled with the USAA incentive (a net of $1500 below invoice because the USAA pricing is invoice +500.00 less $2000.00). Thus, I purchased the car for a total of $3000.00 below invoice and also got 3 years Mercedes Benz Maintenance which is worth ab out $1000.00. But rememer, factory invoice is different than dealer invoice. There is a 2% holdback for the dealer on every car they sell. Thus, if they sell you a car for their so called "invoice", they still are making 2% profit. On my car, that works out to be aboutg $1800.
Also, you can bundle the above incentives with 1.9% financing for up to 66 month. That 1.9% rate IS NEGOTIABLE because the buy rate for that money is only .9%. I was able to negotiate a rate of 1.6% for 66 months. I always take out a loan with Mercedes Benz Financial because of the incentive they offer to those buyers who currently have a lease or loan with them.
By the way, I don't remember is I mentioned this before, but Chase Bank is Mercedes Benz's financial broker for all these loans. Even though my loan is with MB financial, when I call to ask questions, etc., you are actually speaking with a Chase employee.
#1244 of 2212 Re: not such a good deal [ghstudio]
Nov 25, 2011 (12:22 am)
While it's a good idea to use Multiple Security Deposits, MBF will not let you combine MSD's with special (discounted) money factor.
Since E350 BlueTec does not have the special money factor, it's definitely a good idea. Especially E350 BlueTec has one of the highest residual on the market! But regular E350 sedan already have special money factor, so you have to see if it makes sense to use MSD + standard money factor, or just special money factor without MSD's.
Nov 26, 2011 (4:45 pm)
Getting a 2010 E350 CPO with 21K miles for $38K before tax and title, is this a good deal? Car has P2 with panaromic roof...
Also, how do you structure a CPO deal? i.e. how do you estimate the cars true value...Any buying experiences will be appreciated...
#1246 of 2212 Re: CPO E350 [e350fan]
Nov 27, 2011 (5:04 am)
First of all, you can look up the "book value" of your car at edmunds.com, kbb.com, or any of the services that provide estimated book values such as vehix.com.
The prices you get should be averaged from all the sources. Additionally, I am going to assume you are getting a "certified" Mercedes Benz, which would include a 5 or 6 year extended warranty.
I checked Kelly Blue Book and they priced the "trade-in" value of the car at 39,532, assuming good condition. Thus, the price you have from the dealer is excellent according to them.
Personally, I would give them a counter-offer of $36,000 and see what they do. Again, if the car is not a certified car with the extended warranty, you might want to offer them the $38K and have them certify the car.
I hope I have been helpful to you.
#1247 of 2212 Price target for 2012 E350
Nov 27, 2011 (7:39 am)
Any suggestions on what I should pay for a 2012 E350 with P1 package and split folding rear seat? MSRP is 55,805 and invoice according to edmunds is 51,960. I am interested in the 1.9% financing so I am not sure how that effects incentives. Also, I am having a hard time finding an E350 with these options (P1 and split rear seats). My local dealer seems to have more "stuff" on E350s in their inventory than I want. Appreciate any advice.
#1248 of 2212 Re: CPO E350 [abacomike]
Nov 27, 2011 (9:21 am)
Yes, your post was very helpful...thank you!