Dieselman
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Or an expensive chicken shed.
Deal on sls amg
Or an expensive chicken shed.
Igurisu
Active Member
You're right DM, nobody wants cash these days. Cash earns next to zero interest, much better if they sell you finance then they have interest on the car/loan value.
Igurisu
Active Member
Sure, if you want to drive a chicken shed, you can buy cheaper.
If you want to drive a SLS or similar, its a hell of a deal.
Dieselman
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I think The Don was looking for a new coop when he was sent the info...
Instead of cup holders it has egg holders.
bpsorrel
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So true.
A while ago I was talking to a main dealer (Sytner) about a CLS and he ONLY wanted to sell it on finance! Told me there was no profit in the deal, only in the finance and if I didn't want to purchase on a finance package, he'd happily sell the car to someone who did! I was shocked and that's not often!
Dieselman
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That makes an assumption that the business isn't paying any interest, which it probably is.
The reason they want finance deals is the 6% kickback AND that they control the timing of your next purchase.
You become locked into finance and buying a new car.
Igurisu
Active Member
Not sure what you are trying to say here.
mercedes sold a mate of mine a C63
he had planned to pay in full with cash having negotiated suitable discounts
mercedes then offered further discount if he took out a very small finance deal say 10% of the whole deal
he did that pocketed a further significant discount and by agreement paid the finance off after the first month resulting in all bar a few pounds of the interest being removed
..the pressure to sell finance deals is immense .
He told his mate who went and did something similar whilst buying an A8 from Audi
Cash is still king but if you play the finance game albeit in a truncated manner you can still achieve further benefits
he had planned to pay in full with cash having negotiated suitable discounts
mercedes then offered further discount if he took out a very small finance deal say 10% of the whole deal
he did that pocketed a further significant discount and by agreement paid the finance off after the first month resulting in all bar a few pounds of the interest being removed
..the pressure to sell finance deals is immense .
He told his mate who went and did something similar whilst buying an A8 from Audi
Cash is still king but if you play the finance game albeit in a truncated manner you can still achieve further benefits
Last edited:
Dieselman
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You said they don't want cash as it doesn't gather interest. The business will almost certainly not be cash rich so will be paying interest at a higher rate than cash would get, so cash would reduce their payments, but the reason they want to do a finance deal is because it's a fixed term.
Sales staff hate doing cash deals as they lose control.
An example I know of.
Buyer buys an E class for cash intending to keep it for 2 years or so. It turns out to be comfortable and reliable so he keeps it for an indeterminate length of time...12 years and counting.
Salesman loses at least three more sales...
Lagerlout
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What I do when buying cars is to negotiate the best deal on the price of the car I can on the basis of a tiny deposit and maximum finance amount. This tends to ensure you get the best price for the car. Just before I sign the deal, I change my mind and pay cash at the discounted price previously negotiated. This works for me about 75% of the time, sometimes they do come back and say the price for the car was dependant on the finance but it certainly doesn't always happen and it's worth a punt.
I do finance some cars simply because there are other things I like to do with my cash and it also helps to maintain a credit rating for major purposes like a house. You try getting a mortgage when you need it if you haven't recently had finance of some sort.
I do finance some cars simply because there are other things I like to do with my cash and it also helps to maintain a credit rating for major purposes like a house. You try getting a mortgage when you need it if you haven't recently had finance of some sort.
Dieselman
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^ Shrewd.
Dieselman
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As an aside, Sytner motor group was started in the village I live in, Frank Sytner bought out Lazenby's BMW dealership and latterly Sytner Group bought Graypaul Motors which was in the next village originally.
After that figure.
Dieselman
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So £120k in reality. Which is a lot of money, but not in the kind of company an SLS keeps.
Makes the jump to a Roadster a bit heavy...
Dieselman
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It's called the AMG discount...
They obviously need to shift a few to get some on the road. They have been a slow seller so far.
The problem I see with the SLS is although its supercar quick and looks great outside...
Inside it looks like a C class. Its just NOT special enough?
Take a Ferrari and it looks superb, bespoke and tailered. The Merc just looks like the parts bin from the lower models in the range...
If your paying that sort of money I would want better.
Inside it looks like a C class. Its just NOT special enough?
Take a Ferrari and it looks superb, bespoke and tailered. The Merc just looks like the parts bin from the lower models in the range...
If your paying that sort of money I would want better.
Lagerlout
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Agree with this, sort of, but it's not exactly a C class
The interior of most Ferrari's are lovely compared to the SLS and feel very special. However, I sat in an SLS a few weeks ago and it's not too bad at all, at least a lot better than the first examples I sat in when it was launched. Mercedes isn't alone at that either, the first few Ferrari California's had woefully put together interiors. I think there are a few killer problems with the SLS and the price point they launched it at.
Fundamental problem is that it has a "family" engine. Even though it is internally different to the C class 6.3 or the E Class 6.3 or the S Class 6.3 people do not buy a supercar expecting to get the "same" engine as a car costing over £100k less. IMO they would have been better off redesigning/updating the bi-turbo V12 and using a new version of that as it is clearly defined as the "special/exclusive" engine of the AMG range and doesn't feature in massn produced form just in the two top models in the AMG stable. Of course they cheaped out and decided against this. Massive mistake IMO considering the target market. To fit a "family" engine in a supercar, well that is not cool, and I suspect that comprises most of the problem for the buyers who consider these cars who expect something bespoke and very special.
Second problem is the parts bin interior.
Third problem is that the look of it is not quite right, it's good looking but it's a poor pastiche of a wonderful design and who here wouldn't prefer the real thing every day of the week?
Final problem is the standard set of wheels which again are parts bins from "inferior" models. Mercedes needed to make this car totally unique for the price they are asking for it. They didn't and thus are paying the price now.
I'd say £120k is a good price for the car, it's special for sure, there is no doubt and I really like them (despite the above!!), however they are most definitely not a £180k car compared to the competition. You can almost get a SLR McLaren for the same money, and if you're buying a supercar, which is more supercar and more exciting?
Along the same line, would you prefer the SLS, or for £20k more a 458 Italia? Unless you're a Mercedes fanatic the answer is pretty clear and unfortunatelt for Mercedes the poor sales prove it. The car needs to be very special and a huge event to drive to justify this price point.
Frankly, I'm waiting for the SLC to appear, I just hope it looks like the Autocar impressions, if it does, that will be utterly stunning and I'll be first in the queue!
Igurisu
Active Member
Tag monkey rules 
does the 45k new discount mean that used SLSs are now available at under 100k?