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Sedans Mercedes-Benz C-Class Mercedes-Benz C-300 European Delivery
97 messages, Last post on Aug 27, 2009 at 3:15 PM
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Hello, Is price on European Delivery Program negotiable or not? If it is non negotiable, then 7% off MSR price is almost the same as Invoice Price + $250-$500 on the same model C300 or C300 luxury. Some people reported that they got the car for Invoice+$250 and later into 2008 such price would be more attainable indeed. However if EDP price is non negotiable and US price is negotiable, then there is no real saving (7%) in European Delivery Price. When I bought BMW 318i years ago I was able to negotiate European Delivery Price. So please advise if EDP is negotiable for 2008 C-class indeed and how much one can expect to negotiate it? Thanks!
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Replying to: mike02 (Nov 05, 2007 7:31 pm) 7% discount off MSRP means about 2k discount. I think now you can only get at most $250 off MSRP. It may be more later but I doubt it will reach $2000 off MSRP that soon. |
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Everyone seems to forget that the MB OSD program not only includes a 7% discount on the MSRP, but they also waive the US destination charge, which is another $775 on a C-Class, or another 2%. If you use the bottom line USA MSRP as a benchmark, your actual savings are closer to 9%, not 7%. That said, of course everything is negotiable, but don't count on big discounts on an OSD - dealer margins are very slim on an OSD [unlike BMW, where the OSD markup is virtually the same]. I still say, you don't do this strictly for the money - if you're planning to go anyway, and are planning to buy a new car anyway, the OSD program is definitely worth it...but it's the experience that makes it worthwhile more than the pure $ saved.
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Replying to: jrct9454 (Nov 06, 2007 6:28 am) Bingo! Absolutely correct, and don't forget the potential cost of a rental car for a week or 10 days in Europe, which is significant, at least in my income bracket. |
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Hello: I got the following terms for 2008 C300 luxury edition with navigation package lease with European Delivery Program: 39 months, 12,000 miles, residual 61%, money factor 0.031 0% down, i.e. $1,665 at sign time which includes first month lease. With EDP they also give one month free (for the time they ship the car back from Europe). Monthly payments including taxes $450.00 The dealer is in New England. Is this a good deal in your opinion? Thank you.
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Replying to: mike02 (Nov 10, 2007 5:37 pm) |
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Replying to: mike02 (Nov 10, 2007 5:37 pm) So, you will end up paying $1665 + 38 * $450 = $18765? What is your tax rate and also what does it mean 1 month free? Also, you mentioned about 61% residual value, what is that value at in terms of the actual number? Money factor 0.031 means a 3.1% APR right? I am in the market for EDP Luxury with navigation package only. I haven't really thought of leasing though. I am not really familiar with leasing terms, so pardon my ignorance. Thanks. Will
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Replying to: willy007 (Nov 11, 2007 11:38 am) Residual value is calculated from the MSRP. So the MSRP x .61 = buyout price at the end of the lease. Money factor 0.031 means a 3.1% APR right? APR = MF x 2400 so, actually, the poster meant .0031, which equates to 7.44%.
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My wife and I took European Delivery in late September 2007 on a 2008 E320 Blutec, drove about 1500 miles through Austria, Switzerland, Italy and France before dropping the car in Nice for shipment to Jacksonville. The delivery process was wonderful - friendly, smooth as silk and full of creature comforts. MB really took care of us. There are a lot of posts about whether this is a money-saving measure. It is, but in our opinion, that is secondary to the experience. I found not a lot of negotiating room on an '08 Blutec for US delivery, so the 7% + all the extras (taxi to town and to Sindelfingen, first class hotel, $100 top notch lunch at the factory, 15 days of zero deductible insurance, shipping, dealer prep, etc.) + not having to pay $2000 for a 15 day average size European car rental, made the numbers pretty friendly. The factory tour opened this engineer's eyes to what MB puts into the design and manufacture. As far as mileage goes, we averaged 34.5 mpg for mixed city/country/highway. I suspect we will see 37+ highway once it is broken in. Great car, great experience both recommended. |
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Replying to: qbrozen (Nov 12, 2007 5:57 am) Mike02, what is the MSRP on your car? I tried configuring EDP Luxury + Multimedia package only = $33,341. 61% residual value = $20,338. So theoretically, it's $13,003 loan with a down payment of $1,150 and monthly payment of $429 for 39 months (adjusted for an assumed 5% sales tax). The Edmunds financial calculator (http://www.cars.com/go/advice/financing/calc/loanCalc.jsp?mode=full) with 7.44% interest rate shows monthly payment of $343, a difference of $86 a month. I was trying to see how do we consider whether a lease option is a "good" deal. I do realize about the mileage limitation. Thank you. Will
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