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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Is the Benz in Trouble.
Has anybody seen the MB ad on the tube that is advertising "Certified Preowned" cars for 1.9% financing? Guess they have a few of em just off lease. Somehow I think this smells of trouble ahead.
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Copyright "Some Observer" |
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04-15-2008, 11:31 AM
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unindicted co-conspirator
Join Date: Jul 2007
Location: Fresno, CA
Posts: 1,660
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hasn't BMW been doing that for years?
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'03 996 - sport exhaust, sport seats, M030 sport suspension, stability control, IMS Solution ‘86 928S3 - barn find project car |
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04-15-2008, 11:34 AM
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<insert witty title here>
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Manufacturers selling their own cars at low interest rates just allows them to move more product. There's more money in sales markups than financing. Taking the financing piece of the pie is just gravy.
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Current: 1987 911 cabrio Past: 1972 911t 3.0, 1986 911, 1983 944, 1999 Boxster |
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04-15-2008, 11:39 AM
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,187
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Quote:
Of course, if I buy an MB, the amount of crow I am going to have to eat will be huge. I have given Z-man oceans of grief about MB, and blathered on about the superiority of Lexus for years now.
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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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04-15-2008, 11:44 AM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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They are hawking their USED CARS...not new and at 1.9%...
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Copyright "Some Observer" |
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04-15-2008, 12:26 PM
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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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Quote:
These are cars that they have already made a ton of money on (through the lease). Now they come off the lease, and MB probably makes even MORE money on them, the second time around, selling them as used cars. Seems smart to me - a recognition of the modern world where even high end cars are nothing more than rented commodities. |
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04-15-2008, 12:39 PM
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Registered
Join Date: Dec 2006
Location: Northern VA
Posts: 585
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I have a 97 C230 as a daily driver till I get off my arse and get the 80SC FMC. The C230 is such a great commuter car.. AC that WORKS... sunroof....smooth in stop/go traffic... don't have to blip the throttle.. and gets high 20's mpg in traffic ...
yeah > the C230 is no screamer .... but at the end of the day > I just want to get home..
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Kim Langley 2012 Carrera / 991.1 80 911SC 97 C230 73 BMW 2002Tii |
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04-16-2008, 05:39 PM
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Registered
Join Date: Jul 2005
Location: San Jose
Posts: 4,622
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My wife's 05 C230 Kompressor is due to be turned in in July this year. I think we are just going to buy it. (not financed through MBZ though) Its been a great car. Good gas mileage, safe, and nice for the occasional road trip.
You are right though Tabs, from what I have heard at the dealer, they are getting lease returns through the WAZOO this year! Should be interesting to see how this one plays out.
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Dan 2002 996 C4 Cab w/ Jake Raby 4.0 2024 Tacoma TRD Offroad 4x4 2003 Range Rover HSE |
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04-16-2008, 05:45 PM
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1972 Porsche 911T 2.4
