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Mercedes Benz GL-Class Prices Paid and Buying Experience

435 messages, Last post on Dec 05, 2009 at 11:13 AM
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I'm thinking of purchasing a GL-450. The MB dealership here in Albuquerque is selling them at invoice + $200.
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Replying to: force99 (Dec 02, 2006 3:56 pm)
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Replying to: kstep2525 (Dec 04, 2006 4:38 am) |
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Just got a quote for $1400 below invoice and 0.245 leasing factor. Is that a good deal?
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Is anyone having any luck getting a good deal on the GL in eastern PA or NJ? The local dealer is only willing to take about $1,500 off of the sticker. Which based on what I am reading here is not very good. I have also been looking at the R350 but selection is very limited.
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I have been negotiating with a Northern California dealer for a GL with minimal equipment (entertainment pckg, moon roof & trailer hitch). We don't have kids, therefore don't need Nav, DVD, and the other options are too expensive. The MSRP is $59125 and Edmunds invoice is $55,040. 1. The dealer says Edmunds & KBB invoices are low by $500 because in CA $500 is added to the invoice for advertising. Do I have to add $500 to my figures for "invoice" or is this a hidden profit? In addition, in my opinion the GL looks cheesy with only 18" rims. The dealer offered me 20" rims & tires for his cost of $5000. He says retail is $6995. I will probably have to buy them aftermarket. I figure around $3000. 2. Does anyone out there think $5000 dealer "cost" is reasonable? Finally, with past Mercedes we kept them for about 10 years or 200,000 miles. No problem with our 1986 420 SEL or 1991 SL 500. However, reliability has gone downhill the past few years and the GL is a first year model. We want a 6yr/100,000 extended warranty and the dealer wants $3500 to $5000 for it. The dealer's explanation is that "these cars are complex and expensive to fix". My attitude is that if they are so reliable you shouldn't have to charge so much for the warranty. I offered $2K. 3. Is $3500 to $5000 the going rate? Would you buy it without the extended warranty? In my opinion, if Mercedes wants to get their reputation for reliability back, they should offer a STANDARD warranty of 6yr/100,000. 4. Anybody know what the dollar figure is for the "holdback" provided to the dealer? Thanks. I want the car, but want to make sure my negotiations are firm, but fair.
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Replying to: gls69 (Dec 28, 2006 3:19 pm) They make lots of money on extended warranties - all retailers make great margin on extended warranties, stereos, TVs, etc. Hold back is some percentage. Check out this site: http://www.newcarinsider.com for some information about buying. Go to the bookstore and pick up a book on negotiating a car purchase. Very good site if you decide you want to lease as well: www.leaseguide.com Finally - if you are a CSAA member you can get a quote from them, similar to internet based quotes. What dealer are you talking to? -cjd Walnut Creek, CA
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Replying to: abscam (Dec 29, 2006 10:26 am) Any thoughts on my toughest question: Would you buy a first model year GL without the extended warranty. I don't want to lease.
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Replying to: gls69 (Dec 29, 2006 12:04 pm)
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