This price is CRAZY! I know I need to run away from them, but really what is the discount I should ask for, 8% to 12%? The RV 65% instead of 64%? MF 0.0019 instead of 0.0032(back calced), lmao.
I don’t think anyone can top the deal that djrabbi snagged on that AMG E 53.
“I’m getting a custom built one at 116K MSRP at $2,500 DAS for right under $1,000 a month.”
If any broker or dealer see my post and have a E 53 to move, please DM me ASAP. Make me an offer I can’t refuse.
For starters, your dealer discount is a mere 1.8%. I would be the first to say that I have no clue what the market is for such a car. Is 10% off MSRP possible? I would let others chime in.
What part of the country are you located? Have you checked out broker deals in the Marketplace ?
Thanks for your reply! Yes, that’s exactly what I’m trying to figure out — what kind of discount is actually possible. Based on the data points I’ve seen here, people mentioned between $1,000 and $1,200/month including tax, but no one really broke down their deals. It’s hard to tell how they got there.
Yes, I reached out to three brokers who serve nationwide. One responded but offered a color I’m not interested in, so I didn’t waste his time to run numbers. Another didn’t reply yet. The third kept pushing me to give a number first.
$1k/month effective on a new E53 is highly improbable, even if that person has loyalty and decides to opt for the shortest term and lowest mileage possible (24/7.5k miles).
If I were in your shoes, I would put together a deal (play around with the LH calculator), assuming 10% off MSRP + the $7500 rebate to see what type of monthly payment and due at signing you come up with.
You can start making offers to dealers in your area and see whether they counter, in order to gauge what the market looks like.
Thank you so much for your guidence. This is exactly what I should do.
I used the 10% off MSRP+$7500 rebate+65% RV on 7.5k 24months+MF=0.002. It is the number I would like to see. Question is MF=0.002 realistic?
Where are you getting that MF from? If you become a super supporter, you will gain access to Rate Findr where you can see RV, MF and incentive info for all major brands and models.
Thanks for the reply. Yes, the MF of 0.002 and the RV were obtained from Autocompanion, and I can verify them on Edmunds if needed. As shown in the photo I uploaded, the dealer used a 65% RV, which comes out to $72,105. And the dealer told me the MF they used is 0.00228, but it was 0.00275. Could you please share your $1,492 calculation with me? I must have entered something incorrectly. My calc showing effective $1383/month, not $1200/month.
Yeah, I understand this is a luxury car. And I’m not looking for 1k/month, but it shouldn’t be 2k/month, would you agree? I’m looking at a Taycan as well.
The only thing I did to get to $1492/mo was adjust the dealer discount to 10% and remove the $10k down. This is on the dealer’s calculator you posted above.
If you adjust the MF down to .00200 (if that is the correct buy rate MF) then it drops it to $1359/mo with $1359 DAS.
So assuming all of your other inputs are correct, now you know that on a $111k MSRP E53, a 10% pre-incentive discount with buy rate MF gets you to $1359/mo with $1359 DAS.
If you are comfortable with that, then just tell the dealer you will sign today if they can get to $1359/mo with $1359 DAS (24mo/7,500mi including tax). Forget about arguing with the sales rep about what MF they’re using or anything else, just make them an offer, if they say no then move on to another dealer.
Note that I have no idea if 10% pre-incentive is realistic for a new E53, just giving you some tips on how to negotiate.
I think under $1.5k/month should be resonable, but what do I know.
I know you are asking the budget, but I don’t really have one. I can buy it without leasing or financing. But just want to have a taste of it, never had a AMG before. Not sure why people can get their effective monthly payment as low as 1k~1.2k, I assuemed that is effective. But I’m not chasing that since I don’t want to spend too much time on this, also that’s why I contacted the brokers.
Without additional details, such as whether such a deal includes MB loyalty, a large down payment or an amount due at signing, there is no need to keep focusing on that number.
EDIT: The LH calculator shows a $3k loyalty incentive, if you qualify.
