Props to MBUSA

jangy · 08-27-2009, 12:41 AM

While we have been in the recent love fest with our remaining front line tuners and vendors, I thought I'd give some props to the Remarketing department at MBUSA. My lease ran out a few months back and I was negotiating a buyout. I got the standard red-tape that any large company will have and then the contact information for a few execs. After a forwarded email, I was in direct touch with Chris Browne who is in charge of all MB Finance / Daimler Finance Car and Truck remarketing. He was honest, professional, consistent, and very prompt. I have only had the pleasure of a few interactions with MB execs, but I can honestly say that this one was smooth. There was very little concern for getting money from me and more for having a procedure and following the logic and rationale.

To those looking to lease / purchase a used or new MB, I would insist on going through MB Finance.

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JamE55 · 08-27-2009, 12:58 AM

Chris Browne? (the singer? lol j/k)

How competitive is MB's current finance rates? Was checking them out a fews ago and they were about 2-3% higher than other banks.

Good info to know though.

jangy · 08-27-2009, 01:02 AM

They may appear more, but when you bundle buying an MB and the finance and the loyalty aspect, you get a slamming deal. At the time I leased my '06, I was down to almost no interest at all. It shaved almost $500 off the monthly payment. That is huge on a car that had almost $20k extra in options over my '05

Also, he has been so cool that I hope to speak with him more and see if he will help streamline AMGs to enthusiasts...

MB_Forever · 08-27-2009, 04:13 PM

So did you end up buying the car?

Full Throttle · 08-27-2009, 04:35 PM

Quote:

Originally Posted by jangy

While we have been in the recent love fest with our remaining front line tuners and vendors, I thought I'd give some props to the Remarketing department at MBUSA. My lease ran out a few months back and I was negotiating a buyout. I got the standard red-tape that any large company will have and then the contact information for a few execs. After a forwarded email, I was in direct touch with Chris Browne who is in charge of all MB Finance / Daimler Finance Car and Truck remarketing. He was honest, professional, consistent, and very prompt. I have only had the pleasure of a few interactions with MB execs, but I can honestly say that this one was smooth. There was very little concern for getting money from me and more for having a procedure and following the logic and rationale.

To those looking to lease / purchase a used or new MB, I would insist on going through MB Finance.

I purchased my CLS55 on the MB-financial lane at Manheim. Got it for about 10K under the current retail value in this region.

MB_Forever · 08-27-2009, 05:54 PM

Quote:

Originally Posted by Full Throttle

I purchased my CLS55 on the MB-financial lane at Manheim. Got it for about 10K under the current retail value in this region.

Sometimes that works great as well.... let them take the car back, then pick it up at the auction for much MUCH cheaper

I was just checking auction prices for 2006 CLS55 and was amazed at how low they've gotten..... there are 4 CLS55 going through Manheim Riverside auction tomorrow: all 4 cars are 2006 models with very low mileage. The prices are ranging from $40k to $43k (from 6k miles to 21k miles)

Full Throttle · 08-27-2009, 05:59 PM

Quote:

Originally Posted by MB_Forever

Sometimes that works great as well.... let them take the car back, then pick it up at the auction for much MUCH cheaper

I was just checking prices for 2006 CLS55 and was amazed at how they've gotten..... there are 4 of them going to through Manheim tomorrow and they are ranging from $40k to $43k (6k miles to 21k miles)

You know it!!

I have noticed that the prices on the CLS55's are actually going up at Manheim a little but the inventory is very scares, Even when i look nationally. There is a Black p030 car on ove.com with a buy it now of $47,000 or $49,000 i think

last month there was a P030 car on ove.com with similar miles for $44,500.

blando · 09-23-2009, 01:23 AM

Quote:

Originally Posted by Full Throttle

I purchased my CLS55 on the MB-financial lane at Manheim. Got it for about 10K under the current retail value in this region.

What's the MB Financial lane? Did you go with a dealer?

Full Throttle · 09-23-2009, 08:26 AM

Quote:

Originally Posted by blando

What's the MB Financial lane? Did you go with a dealer?

The lane where MB Financial auctions all their vehicles

jangy · 09-24-2009, 12:31 AM

Quote:

Originally Posted by MB_Forever

So did you end up buying the car?

No...extended the lease for a year...

jangy · 09-24-2009, 12:35 AM

The prices are leveling out a bit, so MB is less and less likely to negotiate. Most residuals from 2006 are about $20k elevated from auction prices, so there are great deals to be had if you have access. MB gave me a great buy deal as well, but I don't know if I want to keep the car past warranty and newer models..

mugatu22 · 09-24-2009, 12:55 AM

Quote:

Originally Posted by MB_Forever

Sometimes that works great as well.... let them take the car back, then pick it up at the auction for much MUCH cheaper

I was just checking auction prices for 2006 CLS55 and was amazed at how low they've gotten..... there are 4 CLS55 going through Manheim Riverside auction tomorrow: all 4 cars are 2006 models with very low mileage. The prices are ranging from $40k to $43k (from 6k miles to 21k miles)

I'm no auction expert, so I'll ask the dumb question here---are you a dealer? And if not, how do you have access to Manheim's inventory? I've tried logging in or creating an account and obviously it tells me that they are for licensed dealers only, which I clearly am not.

I would love to know when it comes time for my next car. I've Googled "Manheim market report" and found plenty of people wanting this info as well. Obviously some of you are dealers with accounts.

K-A · 09-24-2009, 08:47 AM

I went to the Riverside Auction before I bought my E, and granted the prices were GREAT, I didn't have the balls to jump into an M-B without buying a CPO from a Dealer (yeah I know, maybe I'm just a pu$$). A good "trick" though (not sure if it's something you guys don't know), is if you call MBUSA, you can give them the Vin, and you can get some important Reliability info on the Car.... At least the guy who we had on the line was able to help in that.

Also, and correct me if I'm wrong here, but these Auction cars are usually cars that were rejected by Dealers for whatever reasons correct? From my understand based on what I've been told, they're usually "second tier" cars.

Uber Wagon · 09-24-2009, 09:44 AM

In this market - better cars are heading through auction because the dealers don't want to pay the higher prices that MBUSA likely wants for them and they don't want to tie up working capital on high end used cars.

JoelE55 · 09-24-2009, 11:59 AM

Quote:

Originally Posted by jangy

They may appear more, but when you bundle buying an MB and the finance and the loyalty aspect, you get a slamming deal. At the time I leased my '06, I was down to almost no interest at all. It shaved almost $500 off the monthly payment. That is huge on a car that had almost $20k extra in options over my '05

Also, he has been so cool that I hope to speak with him more and see if he will help streamline AMGs to enthusiasts...

Looks like the best way is to negotiate with MB when your least is up. Sometime you walk away winning. I'm sure they would rather have you continue keeping the car than taking it back. Saving $500 smacker on payment is nothing but gravies...I would do the same thing if I ever least one...Smart Move...Jangy...

abespage449 · 10-18-2009, 10:27 PM

Sorry this is off topic but I am in desperate need of manheim prices for the new 2008' C-Class 4matic with 10,000-25,000 miles. Because after paying off a dealer and auction fees I need to know if its worth the risk or just better off to skip the risk and haggle with a dealer. I believe I can get the same car from a dealer for $27 K so I will compare it to that price.

juicee63 · 10-23-2009, 01:24 AM

What happened Jangy? Sad this did not work out .

Karlson · 10-23-2009, 01:28 AM

Quote:

Originally Posted by juicee63

What happened Jangy? Sad this did not work out .

Yeah, fire sale is on and quickly.

jangy · 10-23-2009, 03:59 AM

Quote:

Originally Posted by juicee63

What happened Jangy? Sad this did not work out .

It was a blessing in many ways. It just didn't work out after 4 months of negotiations.

I'll be back.....I'm pretty sad too. ilove my E55

jangy · 10-23-2009, 03:59 AM

Quote:

Originally Posted by Karlson

Yeah, fire sale is on and quickly.

Damn right!!

BenzoBoi · 10-23-2009, 05:04 AM

What you gonna do about Famoso? And yer new suspension pieces?

jangy · 10-23-2009, 07:00 PM

Quote:

Originally Posted by BenzoBoi

What you gonna do about Famoso? And yer new suspension pieces?

I'm out of Famosa (may still attend as a spectator). The Suspension parts will contiue on your car!! You ready to test fit the front A arms? PM me your info. i have a sweet deal for ya.

GLK4MATIC · 10-23-2009, 07:56 PM

Quote:

Originally Posted by jangy

I'm out of Famosa (may still attend as a spectator). The Suspension parts will contiue on your car!! You ready to test fit the front A arms? PM me your info. i have a sweet deal for ya.

Yeah come out still, I'll be there watching these all those rides do what they do

08-27-2009, 12:58 AM	#2
JamE55 Out Of Control! Join Date: Nov 2001 Location: CA, NV, CO Posts: 19,916	Chris Browne? (the singer? lol j/k) How competitive is MB's current finance rates? Was checking them out a fews ago and they were about 2-3% higher than other banks. Good info to know though. __________________ CLK-DTM AMG...The only one you'll need for the street! Reliable Tuning Companies Below: www.Evosport.com Buy now or die! www.EuroteckMotorsports.com Buy now or die!! www.ttmotorsports.com If you want to hear the voice of God! :D What Kleemann does to mere mortals --->

08-27-2009, 01:02 AM	#3
jangy Out Of Control!! Join Date: Sep 2004 Location: San Diego Posts: 13,061 Drives: C350	They may appear more, but when you bundle buying an MB and the finance and the loyalty aspect, you get a slamming deal. At the time I leased my '06, I was down to almost no interest at all. It shaved almost $500 off the monthly payment. That is huge on a car that had almost $20k extra in options over my '05 Also, he has been so cool that I hope to speak with him more and see if he will help streamline AMGs to enthusiasts... __________________ SDCrew

08-27-2009, 04:13 PM	#4
MB_Forever MBWorld Fanatic! Join Date: Nov 2006 Location: California, USA Posts: 5,909 Drives: E63 P30, CL500 Sport	So did you end up buying the car? __________________ 2007 E63 w/P30 ---> 12.22 @ 115.1 (100% STOCK - Seeking 12.1x @ 116)

09-24-2009, 12:35 AM	#11
jangy Out Of Control!! Join Date: Sep 2004 Location: San Diego Posts: 13,061 Drives: C350	The prices are leveling out a bit, so MB is less and less likely to negotiate. Most residuals from 2006 are about $20k elevated from auction prices, so there are great deals to be had if you have access. MB gave me a great buy deal as well, but I don't know if I want to keep the car past warranty and newer models.. __________________ SDCrew

09-24-2009, 08:47 AM	#13
K-A MBWorld Fanatic! Join Date: Jun 2008 Location: California Posts: 1,689 Drives: '06 M-B E350 AMG Sport / '09 Chevy Malibu / Sold: '02 M-B S500	I went to the Riverside Auction before I bought my E, and granted the prices were GREAT, I didn't have the balls to jump into an M-B without buying a CPO from a Dealer (yeah I know, maybe I'm just a pu$$). A good "trick" though (not sure if it's something you guys don't know), is if you call MBUSA, you can give them the Vin, and you can get some important Reliability info on the Car.... At least the guy who we had on the line was able to help in that. Also, and correct me if I'm wrong here, but these Auction cars are usually cars that were rejected by Dealers for whatever reasons correct? From my understand based on what I've been told, they're usually "second tier" cars. __________________ -2006 M-B E350 AMG Sport: Pewter/Black, AMG Sport Package, Premium & Entertainment Packages, DD Seats w/ Massage, Etc., Rear Sun Shades, Smoked Rear Lights, Blacked Out Side Markers, 5% Tints -2009 Chevy Malibu: Silver/Gray -SOLD: 2002 M-B S500: Brilliant Silver/Black, Fully Loaded w/ Every Option (ABC/Disctronic/Parktronic/Heat & Cool Seats/Rear-Seat Adjust, Etc.)

09-24-2009, 09:44 AM	#14
Uber Wagon Member Join Date: Jan 2007 Posts: 145 Drives: 2006 E55 Wagon	In this market - better cars are heading through auction because the dealers don't want to pay the higher prices that MBUSA likely wants for them and they don't want to tie up working capital on high end used cars.

10-18-2009, 10:27 PM	#16
abespage449 Newbie Join Date: Oct 2009 Posts: 3 Drives: c300	2008 c300 manheim auction pricing Sorry this is off topic but I am in desperate need of manheim prices for the new 2008' C-Class 4matic with 10,000-25,000 miles. Because after paying off a dealer and auction fees I need to know if its worth the risk or just better off to skip the risk and haggle with a dealer. I believe I can get the same car from a dealer for $27 K so I will compare it to that price.

10-23-2009, 01:24 AM	#17
juicee63 MBWorld Fanatic! Join Date: Feb 2005 Location: Hollywood CA Posts: 6,221 Drives: 2007 CLS63 030	What happened Jangy? Sad this did not work out . __________________

10-23-2009, 05:04 AM	#21
BenzoBoi MBWorld Fanatic! Join Date: Jul 2003 Location: SoKali Posts: 6,387 Drives: W211	What you gonna do about Famoso? And yer new suspension pieces? __________________ 4 door sedan with a couple "go fast" mods and some wheels...

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