Last post on May 22, 2013 at 10:22 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Mercedes-Benz E-Class, Sedan, Wagon
#911 of 1935 Re: thoughts [fatcat71]
Jul 16, 2011 (11:42 am)
I brought my ID number from USAA to the dealership. They applied for and received the $4000 coupon from USAA via and email from them.
I believe this is good until August 31, 2011. Check back on this forum site to about 2 weeks ago, I believe the date was listed there.
I received an additional $1500 because I was a loyal customer of theirs. I've purchased 5 Benz autos from them in the past couple of years, so they said I qualified for an additional incentive, which they had.
USAA will show you the actual vehicle invoice cost when you look it up after you have built your car the way you want.
Jul 16, 2011 (11:58 am)
Thanks for the reply. I see that some local dealers have 2011 CPO E350's and are asking the same price for the car as if it was new. I don't understand the logic at all except that you get an extra year of warranty. Can't see anyone buying it thought, because they told me you cant lease it, and the interest rates on preowned are about .5% higher then buying new.
#913 of 1935 Re: Conquest Program [abacomike]
Jul 16, 2011 (6:15 pm)
Hi, this thread has been insightful, only wished I had read it earlier in the buying process.
We picked up today 2011 E350 4matic that was $58,525 MSRP and got $8200 off, plus a service coupon.
The GM did clarify to me that the Conquest was $4K this month (give copy of registration). I could not get any loyalty discount as well, (stated prior as ~1500) as we were told it was one or the other and that the loyalty was for someone financing thru MB. We do have a MB, but not purchased at this dealer.
With other dealers I mentioned wanting both program discounts, but only got conquest discount.
Say Abacomike, I know that you said you've bought a few MBs from same dealer, i was wondering if you give them a trade-in or something that helps them get to your great purchase prices?
p.s., The car is elegant and all, but I think the variable assist steering and heavy weight and feeling of not so quick acceleration make it a pure luxury car and not as sporty as BMW/Audi lines. Next time, I'll get the E550
#914 of 1935 Re: Conquest Program [gosox1]
Jul 17, 2011 (9:30 am)
I do trade my vehicles, but they give me $1500 to $2000 over Manheim because they sell my preowned cars on their lot ( I only put on about 6,000 miles per year) and I buy a new one every year. So I get the USAA discount (invoice less their incentive, which was $4,000 last month) less $1500 because I do finance with MB Finance along with 1.9% APR which is their buy rate). They gave me $44,500 for my trade ( I only paid 48K for the car when I bought it).
They just give me their very best pricing (they beat all the other dealers here in South Florida by thousands) because I buy a car from them every year and refer many associates and friends to their dealership.
Hope this helps understanding how I get the best pricing. I would assume not everyone can get this at their dealership. But I have seen pricing on this forum that comes pretty close to what I get. I just seem to get a great upfront deal along with high trade in values since they can sell the vehicle on their lot and they don't have to wholesale it.
They sold my trade from last month for $48,500, and gave me 44,500, or $4000 over what they gave me. They had to get the car certified, which costs them about $1500 or so. What I don't understand is how they can sell my year old car for a little more than I paid for my new 2011. I know the used car market is booming (prices have risen an average of 15% on used cars of the last year.
#915 of 1935 Re: Conquest Program [abacomike]
Jul 17, 2011 (11:22 am)
Must be really strong if they resold your car for more than you paid for it new.
#916 of 1935 Re: Conquest Program [jwilliams2]
Jul 17, 2011 (12:01 pm)
The car had 4800 miles on it. it was in perfect condition, no dings, scratches, etc. NOne of the cars I trade have any mars or defects on them. I am sure if it did, I could not have gotten what I got out of it.
They advertised the car for 49,990 on the lot. Most people would have to pay 52,000 for a new 2011. So I guess they figured that it was a great deal. Remember, there is a sucker born every minute, and most of those suckers don't read the forum here on Edmunds.
Also, remember that they got the car certified which means the warranty goes to a total of 100K and 7 years. So to some people, it is worth it.
#917 of 1935 Different invoice prices
Jul 17, 2011 (5:45 pm)
Can anyone explain why when I build the car at edmonds.com (E350 sport 4matic, Black/Black MB Tex, Premium 1 and wheel pkg) the incoice is 53569 and when I build on USAA.com the Invoice is 57603? The Edmonds price minus USAA discount gets me under 50K but the USAA site shows me at 53K AFTER rebate??
#918 of 1935 Re: Different invoice prices [fatcat71]
Jul 18, 2011 (7:46 am)
The price you received from USAA is the MSRP of the vehicle. When you get the USAA final price, it should be invoice less $4000.00. So something is wrong. I did it and it showed the invoice less $4000.
Are you sure you are using the site correctly? Double check or call USAA and speak with a customer service rep. If you qualify, they will give you the info on the phone.
#919 of 1935 Mercedes Loyalty Discount
Jul 18, 2011 (9:16 am)
How does the Mercedes Loyalty Discount operate? Do you have to be a current owner of a Mercedes or do you also have to have a prefered customer relationship with a particular dealer. In other words, loyalty to Mercedes or loyalty to the a dealer? Thanks.
#920 of 1935 Re: Mercedes Loyalty Discount [kevinc5]
Jul 18, 2011 (9:31 am)
It is my understanding that it is to either, depending upon the dealer. If you have a good relationship with a dealer, he is probably more willing. Also, I believe the loyalty is for Mercedes Benz Financial this summer. YOu might want to check it out. I got an APR of 2.49% for 66 months, but I am a customer of MB Financial as well.