While researching a Mercedes, I came to learn a few things about incentives and other promotions i didn’t know about so i wanted to start a thread/wiki discussing Mercedes specific incentives. Many people have gotten C and E loaners this year, I know some incentives might only work on new cars and not on loaners but if anybody has valuable information to share from experience, please share. I’ll start:
Fleet Discount
As most already know, fleet discount is available if you work for certain large corporations.
This link shows a long list of corporations that qualify:
In addition, it seems possible you can get fleet discount through a few associations. If you have specific information to each, please feel free to comment:
American Bar Association:
They have discounted memberships and even memberships for non-attorneys. If you are an attorney, the date of admission to the bar is a factor in the membership fee. Cost to join is about $0-$500 depending on your membership eligibility. As long as your fleet discount exceeds the membership fee, it is worth considering.
American Dental Association:
http://www.adabusinessresources.com/en/endorsed-programs/luxury-vehicles
American Medical Association:
https://www.ama-assn.org/life-career/auto-discounts
Penfed:
https://www.penfed.org/auto/car-buying-service
USAA:
https://www.usaa.com/inet/wc/bank_consumer_lending_manufacturer_discounts_main?akredirect=true
Stacking Fleet & Other rebates
I was told by a dealership that they do not stack, even on new cars. Some have reported here that they do stack or have gotten them to stack. If there’s more info on how to do it please post.
For example, the Winter Event Rebate and corporate fleet discount did not stack. So if the Winter event rebate is $1000 and your fleet discount is $1500 then you would take the fleet discount if you’re eligible because it is more, but you don’t get $2500 because they don’t stack. If for example you have cost involved to join an association such as ABA and it would cost you $500 to join to get $1500 fleet discount, that would net you $1000 or you could just do the winter event for $1000 which would yield the same discount.
Auto-Pay Discount
Mercedes ended additional discount for signing up for auto-pay earlier this year. It is currently no longer available.
Traditional Lease vs MSDs vs One-Pay
Mercedes offers three ways to lease:
making traditional lease payment - no additional savings
using multiple security deposits also known as MSD - up to 10 monthly payments are held by Mercedes in exchange for a reduction in money factor (MF) - each MSD buys down the money factor further thereby reducing the interest on the payment). MSDs are refundable at end of the lease.
One-pay lease - 1 large upfront payment totaling all payments saving on MF/interest
One should get a quote for all three options to see what the difference in payment is. For example, sometimes using MSDs ends up making the total payments less than a one-pay, or vice versa. Sometimes the MF is already so low that using MSDs or making a one-pay doesn’t warranty laying out the money because they don’t affect the payment enough.
Anybody with further info, please feel free to post, I’m trying to make this WIKI a source for all leasehackr on this site.
, your post says fleet and loyalty are stackable, but I’m not clear if dealer cash is as well.