Mercedes-Benz MADE A HUGE MISTAKE: NOW Dealers & Customers DEMAND CHANGE
HTML-код
- Опубликовано: 30 июл 2023
- 💰 Make the most of your summer with CarEdge! Get 20% off CarEdge Data or Coach, or get $100 off an extended warranty:
⮕ caredge.com/plans
⮕ caredge.com/extended-warranty
🚗 Join the CarEdge Community:
⮕ caredge.com/community
🚗 Get educated on buying a car with CarEdge's Deal School 3.0:
⮕ caredge.com/dealschool
CarEdge Podcast: Daily News You Can Use
⮕ Spotify: open.spotify.com/show/5Mv58R6...
⮕ Apple: podcasts.apple.com/us/podcast...
Instagram ⮕ / mycaredge
TikTok ⮕ / zachshefska
Check out YAA/CarEdge Merch:
⮕ shop.joinyaa.com
The lot at Ray and Zach's local Mercedes-Benz dealership is CHOCK FULL of ridiculously overpriced vehicles! Come along with them as they reveal the extent of these absurd prices and why all of those cars are going nowhere fast. 
Развлечения
I sold Mercedes up until 5 or 6 years ago. A E350-AWD was 65k. A C300-AWD was 33ish. A GLE350 was around 54k. A S550 AWD started around 98k and a GL450 was 72k
These prices are out of control
Yep they definitely lost touch on their last model line ups, they lost their mind when they made a 4cyl mid size suv and the gle 53. Whoever has done their target market is going to get fired, these prices work if your rates are at 0% not at 7.9-8.9% like Canada and USA
EV is a scam and overpriced 😂
@@oneviwatara9384 I agree but what does that have to do with what I said?
And they are not even Reliable cars ! They are trash ! Acura and Lexus all the way Baby !!!
EV’ s are a scam!
Went to a Auto Nation dealership knew what kind vehicle I wanted. I did my homework on the vehicle, pre approved, fair market value, getting a mechanic lined up to look at it. I knew the vehicle was overpriced but once they said this is the price take it or leave it. I thanked the salesman and left.
You did the right thing. 👌
Hey as he wished 😂
Auto Nation are scammers, stay away from them)
Ya know, I highly recommend going to a dealer and walking out. Hell, I may just make that a part of my monthly therapy. I found a lot of serenity in walking out on them! The best part is pulling up in the same lot, in front of the same salesman, with a new car from a different lot. I highly recommend it. Could save you bundles in therapy...lol.
@@TheNucMed 😁😁😁😁You sound like my husband .because this is what he did
I guess Mercedes loves manufacturing but not selling cars. 😂
🔥🔥🔥 2023 MERCEDES EV BURNS DOWN HOUSE. ruclips.net/video/SIpXkQhq1ps/видео.html
They redesign them every 6months. That depreciation that their customers are eating pays for that
My Mercedes dealer only has 250s for 40k
@@JJ-mh3hb no they do not, speak facts, you sound like a dumbf.
MBUX 2 started with the S Class, which started the new design language of Mercedes in 2021.
GLE got redesigned in 2019 for 2020 and they just a mid cycle update for 2024 models, same with everything else that’s still on MBUX1 system.
People like you is how nonsense gets spread around.
I just looked at MB of Atlantic City’s new inventory. They have entry level models like the CLA, GLA, and GLB priced in the low 40’s, plenty of GLC and C Class around 50k ( cheaper then a full-size truck 🛻).
The dealership has to be thrilled about this video! That's A LOT of inventory sitting around. Cannot imagine what their floor plan cost is.
free advertising!
Yeah im sure just the manufacturer is to blame and not the dealers? They're all to blame. The system i saw at a toyota dealership, where they track and record customers every phone call and text and they compile everything, and they know which dealers they call. It's all an intrgrated system, that's why the dealers were able to keep prices high, they're all colaborating with each other.
@@thetruthyes But he's showing the LIST price from Merc (on the electric cars), there is no additional dealer markup there. Even at list, these cars are probably 30% too high.
I looked at the MB Atlantic city new inventory. They have CLA, GLA and GLB priced from the low $40’s ( less then a new Rav4).
Every car mfr should slow walk the EVs.
a local KIA dealership has mentioned that they would rather sell their unmoved inventory to auction rather than sell at a decent price. I fear this is what is going on at most dealerships. greedy a-holes all around
Selling at auctions is not a bad thing. An auction is where a car finds its *fair* price *on the day* that it is auctioned. At an auction you can blame neither the buyer nor the seller for agreeing to settle on that price.
If you need a car, one of the ways you can get one is to find someone who has the permit to bid at a car auction. All car dealers, both new and used, usually have these permits. Many people who got out of the car selling business may still have such permits. You can pay them a fee for their troubles.
@@JasbirSingh-zj1fg Still comes down to the demand. Without buyers, they are still stuck. This can only help the used car market.
This kind of thinking will be their downfall.. Because it will not be well managed. Its every dealer with their head in the sand till the very last moment. They're gonna wait too long and all will try to dump their cars at auction at the same time.
Their greed is going to cause a crash and it will be beautiful. I dont think it will be long lived, but there's gonna be a serious glut of 22s and 23s hitting the market in early 2024 imho.
People still pay for KIA’s?
@@SunnynPhilly I actually like the Niro EV but none are selling below MSRP. They won't even acknowledge the $7500 leasing discount.
Mercedes is insane with those prices. Their cars are as costly as people’s homes.
Well, the cost of people's homes in 1997...
@@happyhunting1000 My buddy just purchased a foreclosure that needs work in Rochester, NY for 86k. He is going to do the work himself and rent it out.
Mercedes have been that expensive regardless of platform for some time.
@@notsodelusional No, an E class a few years ago was easily 40k less than that and an E Class has never been a budget Benz.
@@happyhunting1000 The S class has been 100 k + (that's being generous) for some time now. That is the more appropriate measure.
And, their prices in the service department have shot up too. My wife drives a 2012 MB, and her “A” service (basically an oil change) went over $500 last visit. Not an S-class or a G-wagon, but a C-Class sedan. I politely told the service advisor they would never see us again.
The service department is how luxury dealers make a lot money 💰 not the cars.
When cars don’t sell service is still happening.
@@todayisagoodday5027 I agree with you, but take enough people for idiots and eventually it will bite ya, 500$ for an oil change and fluid check/top up or "Maintenance A" as they call it is absurd, not most people don`t know any better so they get away with it.
@@ballain1Only an American would say that.
Good on you. It really is easy to find a reputable personal German Auto mechanic. Save thousands...literally.
We always used to call MB a $500 car. Because each time to the mechanic is 500. This was 30 years ago. There are 2 happy moments in a MB owners life: buying one and selling one.
need a 30 year loan for those things
They won't last past 10 years...
So your talking about a mortgage to buy a car!! 😐
🤣🤣🤣🤣🤣
84 - and 96-month loans are becoming the norm. STOOOOOOOOOOOOOPID!
Mercedes Benz isn't going to Warranty those Cars for the full length of a loan required for most normal people to buy any of these insane Vehicles, But maybe I just don't know how many rich people are waiting to buy these, I don't think those rich people can find this Car lot 🤣.
Everyone who wanted a novel EV vehicle right out of the gate..... already has one now. There is nobody left. They are screwed.
The problem is that Teslas are still very good products, with an excellent charging infrastructure, for substantially cheaper. What's the point in spending $130k on something that relies on Electrify America, which has like a 70% downtime rate.
@@wl2486Yeah with buggy software and no autonomy except what they claim is level 3 but only under very specific highway conditions. Beautiful interiors and exteriors though.
The problem with EV is that most people rent and there's no market for them to refuel unless you own your home in most areas.
@@wl2486 Elon made Tesla a trash brand. He relied on liberals to buy those tech and safety dumpsters and then spat in their faces.
I think what you're saying is an exaggeration. Home ownership is still high in the USA. Chargers can be installed. There's a lot of people that could support charging an EV, but these prices are crazy.
This is happening all over the world at every dealership not just at Mercedes high interest rates, and dealer markup
Not sure if it's all over the world.I watched a few videos from Canadians and they claim they don't have such high mark ups.
Daimler thinks all middle class Americans are loaded with disposable cash at hand or our money grows on trees.They are overdue for a reality check.
Good for them...
Here in relatively rich Walnut Creek CA, the local Mercedes dealer has a hidden lot overflowing with unsold inventory.
🔥🔥🔥 2023 MERCEDES EV BURNS DOWN HOUSE. ruclips.net/video/SIpXkQhq1ps/видео.html
FYI... that MB overflow lot is located at the defunct out-of-commission Walnut Creek DMV parking lot as well as the 3rd level of parking garage of the Walnut Creek BART station
If it is hidden, how do you know it exists?
You know it's bad when not even the privileged class around here can afford them or even wants them. I live in San Ramon and I think were nearing quarter of our population driving Teslas. It's not that they won't consider EVs, I'm sure half of them were bought before the price cuts. Perhaps driving a MB doesn't make a sanctimonious enough statement about their environmental "concerns".
That actually surprising considering all the exchanges students that go to mtsac drive Benz like crazy
I remember when I needed a new front subframe for my '74 450 SLC in the late '80s (I found a crack in one of the flanges where a lower control arm attached), so I ordered a new one from German Auto Parts in Atlanta for about $350, if I recall correctly... not bad.
When it showed up, I noticed that they were now ROLLING THE EDGE of the bracket stamping that had cracked, thus precluding the same from happening again. SO THINK: I got an UPGRADED replacement part for a 14-15 year-old car, partly because the part was still interchangeable with the cars in CURRENT PRODUCTION.
IN FACT, the SL/SLC platform remained largely unchanged (except for IMPROVED ENGINEERING) from 1972 until 1989! THAT is what I want to see in Mercedes... NOT the American tradition of throwing out the baby with the bathwater every few years, resulting in ANOTHER unrefined iteration!
I drive by that dealership quit often. Over the past few months their inventory has been increasing and nothing has been leaving the lot.
pretty much needs a 65% price cuts minimum across the board
@@ken-mb5cpare they really? When I saw those prices, I thought they were rolling in profit! Car market is very concerning.
@@scanfaned7487since I work for Mercedes-Benz I can give an actual assessment or an example.
I bought a 2020 GLE that was retailed for 63,900 I got it, with dealership discounts from Mercedes-Benz, for 48,900 out the door.
LOL, that's nonsense.
250 thousand millionaires in Jersey and this dealership needs to move a dozen a week to stay afloat. Lots of potential customers out there looking for that perfect ride.
Will lose that much first year.
My local MB dealership is packed with cars, crammed close together to make room for them all. We used to lease a new C300 every two years so I'm familiar with this lot. I've never seen so much inventory and nobody checking out the cars.
We turned in the last one because the C300's had transmission problems which the dealership pretended to not know about. My husband would drive down the highway and the car would lurch. I had a painful neck from the whiplash. Finally we googled about Mercedes software glitch and got them to take the car back early. It was dangerous.
What year was your C300 with the glitch?
Whenever I need a good laugh, you guys never disappoint on these dealer lot walks - thank you
Right! Gotta love these guys.
Been watching their channel for two months. They've provided me with a boatload of valuable information. I'm hanging onto my 4 cyl car with gas prices still climbing nonstop. Those who support the current administration, don't cry when gas prices hit $6 a gallon. Our oil reserves are GONE. Biden sold them to line his own pockets.
Bro, I live in WA state and regular unleaded at Costco in Seattle is $5.49 a gallon. Let’s go Brandon
@@clevejason At that price, I'd stop driving. It's just not worth it. But that's what Fondling Brandon wants: to rob us of our livelihoods.
I just can't wrap my head around 120k for a car. And not a good car 😐
Just because you can't afford one doesn't make it a bad car.
@@mrfunkingtonJust because they don’t like the car doesn’t mean they can’t afford one.
@@mrfunkington Mercedes has had a reputation for being un-reliable and they have terrible resale value in the used car market.
@@mrfunkington No, their decades long rep of being poorly made and breaking implies that they are likely bad cars. Also not to mention, expensive to fix. Want a good luxury car, get an Acura or Lexus.
@@mrfunkington There is a reason Buy Here Pay Here lots are full of off warranty Mercedes. When you have an overly complicated car with 20 different computers, they tend to have issues. EXPENSIVE issues.
I am from Germany.. That is the result of the CEO. He decided i guess one year ago that they will concentrate in the future only on luxury cars becauce of the high margin (they earned in that special time) .. The result is that not much ppl any more buy that "luxury" cars :) I see here now more Teslas, ID 3/4, Ioniq 5/6/classic then that total overpriced EV cars from Mercedes on the german roads. The focus only on luxury cars was the nail to the coffin for THE german car maker (and the concentration on the chinese market (where they failed too...)
Less cars on the road, the less they earn from their service and parts business. All those certified techs sitting idling until one rolls in for service ? My sympathies to that car owner once they confront the dreaded service bill.
This video selectively failed to show all the entry level CLAs and GLAs priced in the low 40’s , the GLBs in the high 40’s the C-class and GLC in the 50’s and the E-class in the 60’s ( price of an average new truck 🛻).
Mercedes Benz shot themselves in the foot by building poor quality vehicles, not luxury ones. I've owned three of them. They've built rubbish products for the best part of three decades, now.
I guess gone are the days whereby “engineered like no other car” slogan meant something.
It’s not just MB but also BMW; they are building ugly ass cars. And here we thought that Chris Bangle’s designs were hideous.
My E36 and my E30 are sure looking more and more Beautiful these days.
i have owned mercedes for over 20 years and still own 2 (a c300 and an sl450). when i was at the dealer a couple of months ago i was told that they can't sell the EV versions. and yet, that they have trouble getting the ice version of the glcs or anything that is not fully packaged out. no base ice vehicles. i have, on several occasions, done a computer build for one or two models that i'd be interested in and i am shocked. if i want one or two additional convenience items i have to buy packages that kick the base up anywhere from 7-11,000 $ extra. no bloody way. i love mercedes but the packaging and pricing will keep me from buying another one.
used with low miles is solid , new ? never
You all need to come back to this lot in 5-6 months and see if these cars are still here/same price. Keep up the good work!
The cars AND the dealership may not be around any longer.
Our modern day CEOs are dinosaurs
Student loans are starting back up really soon. Expect the inventory to keep building up and not much going out in the next few months. 🤣
Not on the Mercedes topic but thanks to Ray’s guidance on RUclips videos we saved 2k on our new (not Mercedes) Subaru purchase price. My husband and I thank Ray and and the team for your great work! ❤🎉
You’ll probably wish you bought a Benz after your engine blows or your CVT goes out.
Enjoy your lack luster driving experience, a monkey could’ve gotten 2k off of a Subaru. I definitely wouldn’t be bragging about that.
Saved $2k?..must be rough out thereya.
Dang it, I'm old enough to remember where I grew up a new house was about $90-120k.
If the Big 3 are selling pickups for well over $100k routinely, honestly those prices didn’t seem to bad relatively speaking.
@@phillipbanes5484 Now pickups are backed up. Drive by a dealer and look at their pickup inventory.
@@phillipbanes5484Exactly and many of those trucks cost the same amount as a Mercedes so I know this whole thing is BS.., Americans just love to bad mouth German cars ( But not overpriced Japanese cars).
@@phillipbanes5484 And banks are in on it. Should be criminal.
@@phillipbanes5484i did notice S class and EQS are selling at well below MSRP, but not trucks and SUV, i guess Americans are bigger after all
Mercedes in Knoxville, TN has the same issue. Can’t imagine MB corporate didn’t look at sales volume before continuing with model production levels.
Poison Pill? Why would a car maker intentionally torpedo their company and finance in the US ? What does Mercedes know that we don't ?
Mercedes AG get`s paid when the dealer receives the car, weather they sell it or not it`s on the Dealers Floor plan. There`s an end to that however, when the Bank says ok there's enough vehicle or the Credit limit is reached usually terms will change to an pre-authorization form the bank to Mercedes on any Pushed or Customer Ordered Vehicle, and trust me they don`t like that.
you forgot to add the additional price for Mercedes's EV vehicles to unlock more horsepower because of a subscription
Wait are your serious? Is this really a thing?
There is no way that many people can afford those kind of prices.
Yes most Americans are POOR and can’t afford these cars .
Exactly lol
In 2015, I bought a 2013 E350 for $24k. In 2023, a 2021 E350 is on average $45k. The interest rate I was offered at the dealership in 2015: 3%. The interest rate I was offered at the dealership in 2023 (with the SAME credit score): 9%. Times have definitely changed.
Dude i like how you treat your dad so well and polite , amazing manners
I managed a Mercedes store in Bethesda, Md and in Sarasota, Florida. I saw this coming years ago.
In 2004, I remember telling a close friend in the business that Toyota was going to eat their lunch.........
I think that German cars have been really good. But something changed (for the worse) with Mercedes and BMW over the last few years. VW, Audi, and Porsche are stil good.
You’re really going to compare a Toyota to a Mercedes WOW what are you smoking?😅
@@ROYALP100 Toyota, the largest automotive producer in the World, makes some of the most reliable vehicles ever produced. Mercedes, with all it's bling, is for those who ....as you say...are smoking shit.
@@DLewis-pc2opLook no matter how HARD you try you can’t compared a Toyota to a Mercedes… Mercedes (In case you don’t know) is a WORLD CLASS VEHICLE … Toyota are reliable but you don’t see them on race tracks or being driven by most Governments… They’re cheap throw away cars which is why you don’t see many people collecting them.
@@ROYALP100 You should really educate your self. As an example....check out the Land Cruiser collection in Utah. Talk about a beautiful collection. Drag yourself away from the Three Pointed Star.
There's a saying: If you want to visit the outback, take a G Wagon. If you want to make it back take a Land Cruiser...........
MBUSA is smoking some of that good stuff that is floating around the streets of AC
Or the streets of Sindelfingen
Not just the basic MSRP, but all the ridiculous options, packages, and accessory packs can bump up the price by another $10,000 or often more. And that's before 'market adjustments' are factored-in, too. Good luck finding any luxury vehicle in base spec, without any of these crazy add-ons. No wonder their customers are vanishing.
Ehhh… “luxury” and “base spec” don’t really go together. That said, one exception is BMW. They will absolutely sell you a base spec vehicle that they used as a service loaner.
Not to mention all the subscriptions they try to force on buyers..
I agree. I have leased 3 mercedes vehicles now for 9 years in a row. A C400 followed by a C43 followed by my current vehicle which is a GLE53. Base price was 68k when I leased in late 2020 for a 2021 model and with options it came in at 80k. That same car is now 96,000. a 16,000 increase. Fkn obnoxious. I think my run ends this year. I will likely go to Lexus or Genesis or even Volvo
@@UrbanBDKNYwow my run with leasing Benz May end this year too
What were your lease payments for each vehicle?
@@EnterTainment-vv1qs the C400 was in the 700s I think. C43 was 900 I think. The GLE is a little under 1300 but that was with 10,000 down
They want 1650 for a GLE450 right low lol it was spec Ed too high. A GLE450 that cost 91k. That’s absurd. That used to be a fully spec Ed GLE53 or a GLE63 with minor upgrades. Mercedes is tripping
I have started to notice a lot more advertisements for dealers, everywhere (YT, TV, websites and buses). So it seems instead of lowering prices, they are trying the "lets trick them and get them in the door" tactic to increase sales.
They can advertise all they want, but at those high costs with market adjustments, they still won’t sell.
Yes and also I noticed that to like on Instagram the local Hyundai dealership is trying to bait with a $204 lease on an Elantra FWD IVT. I’m not going to the dealership unless they have the vehicle in question physically on the lot.
Yep, this is why I get my deal set before ever stepping foot on a dealers lot. They have homefield advantage and they are counting on uninformed buyers to walk into their lair.
Thank you guys for this one! Mercedes is one of those brands that I have been dying to know how they’ve been doing through all of the economic slowdown. Verrrry interesting.
perfect timing for this video. I was at a Mercedes Dealership and thought they sure have a lot of inventory to charge those kind of prices. It didn't make sense. Waiting till the end of year to see if the additional supply that's coming in will finally force the prices to come down a bit. Thank you CarEdge!
Do yourself a favor and don't buy a Mercedes, or a BMW or even a VW.
@darkrulier I have a 2006 BMW X5 and I finally ran it to the ground. Also same for VW Jetta. I know the parts are expensive to maintain but othwr than that, may I ask why not own one? Thanks!
Hell yeah. Just wait. It's the same for would be home buyers. Just wait.
@@leonlee877 expensive parts and expensive mechanics, why bother with an overly complicated vehicle (have you seen the pain in the ass that is to change a battery on the new VW Golf R?) when you can get a very reliable Japanese car for way less money.
I love your dad enthusiasm the walk and talk that you and your dad do is priceless it show just how car for the normal people it’s out of reach with the high apr I like to know what is the lot fee that dealer are paying the bank to keep these car on there lot and how many they sell in a month
I paid jjust a little more for my house than that 1st Mercedes
🔥🔥🔥 2023 MERCEDES EV BURNS DOWN HOUSE. ruclips.net/video/SIpXkQhq1ps/видео.html
Me too, $134,000. Back in 2009 for a 2000 sq ft, 3 bedroom. 2 bath, 1 office
Surely the value of your house has also doubled or tripled since you bought it. What used to be a $100k house 20 years ago is now a $300k house. Even apartment prices have nearly doubled.
@@FlipBoxStudio Imagine what those EQS will be worth 20 years from now 😂 Probably like 7-8k
I'd rather buy 50 1980s 300Ds than one of those, and they'd probably be less trouble and hold their values better.
My 300d went 350,000 k miles without a hitch
Clackity, clakity, clack!
I paid $80K for my house five years ago, but $142.000 for a piece of metal with wheels? I know my house will appreciate with time, and it has. Good luck with that Mercedes-Benz!
It doesn't matter what you paid for your house five years ago. If you want to play that game, I paid $19,000 for my first house.
Smart man
@buckhorncortez your comment makes zero sense.
Even an ICE S class car cost that much.
@@buckhorncortez Yes, it does, because inflation cannot be used to justify that MUCH cost increase.
I’m in year 3 of a BMW 36 month lease and I can’t wait to get out of it. Got a decent deal, car is fine and I am enjoying driving it (except for my constant fear of the terrible roads tearing up my wheels) but the big brother nature of this vehicle is driving me nuts. At about 17,000 miles (at my second service appointment) I was told the rear brakes needed new pads and they quoted over $900. Told them no thank you. Now I live with a constant service light on because the brake pads need to be replaced (at about 25k miles). And I have service prompts for my tires needing to be replaced that can’t be cleared. I swear they are creating prompts to drive their typical customers into their service departments to generate revenue. Go in for the “complimentary” service and prepare to be scared into the upsell. That, along with some of the rumors of monthly subscriptions for features, is really pulling me away from these “luxury” brands. I’d much rather have a CX5 Turbo or a Civic Sport at this point.
Bro I bought dfc pads for my 2021 bmw for 40 bucks and replaced for 100. Total 140. Don’t go to the dealership for that
These market conditions are purposeful. As the World Economic Forum said and presented a few years ago, “you will own nothing and you will be happy”. The future they want is a full renter society where EVERYTHING is rented and everything can be turned off if you don’t do as you’re told. Houses, cars etc have all been priced out of reach of people while at the same time Blackrock and the big money has come in to scoop it up because they understand the future they are helping to build. This will be a serfdom the likes the world has never seen.
💯💯💯
Arent you exagerating just a tad. I meanbthese are luxury cars. If you want to own a cheap car, buy a Mitsubishi Mirai, or a Corolla. Would that be serfdom?
Krap to Klaus Schwab!
When the luxury brand lots start filling up like that, it tells you that that class of people who could spend money has also decided not to spend money. The next year or two are going to be very interesting but I would say 2023 cars are still going to be on the lots this time next year..
But Bidenomics is creating a BOOMING economy according to buffoon Brandon.
You'll pay and pay and pay with a MB.
THAT is a fact.
Love Ray's enthusiasm!! Great vid guys; love these vehicle lot vids - keep them coming!!!
I stay with my 2019 honda accord hybrid for a long time. Keep up good content. Makes me appreciate and take good care of my car, thank you.
Love the blending of looking at news on X and going out into the real world to discover if it fits with the real-life data!!!
The car market is looking like the stock market in 1929.
I must agree. I am in Germany and can definitely say is the same over here and that letter definitely applies. Another fact, is that they push for selling those full sized sport SUVs, which were designed more for the USA. In Germany, or better said Europe in general are just too inconveniently large to drive around and trying to find a proper parking spot for that oversized SUV, not everyone has time and mood for that. Another point is that their price increase does not necessarily reflects the quality, anybody upgrading to a newer vehicle notices the cost saving measure in their finishing, that is not acceptable when you try to be "premium".
If that's the retail price of their cars thinking of the future maintenance costs would give you nightmares.
I usually like these videos but they are talking about the cars on the top tier of the Mercedes lineup, right below the Maybach. S-class and E-class cars have always been priced higher no matter the year, and the AMG kits jack the price up even more. The packages and add-ons are getting ridiculous, I agree. The EQS especially is for a niche market, though. There are MBs in the 35k - 50k range. Still high for lots for us but the prices aren’t surprising.
Toyota, Honda & Mazda the only mainstream auto companies not to jump on the EV bandwagon, good hybrids is the next logical step.
Toyota crown Mazda cuv cube tow doors
6:00 the suggested retail price is $76,950 where as the dealers are selling those for $91,225. That is batshit crazy. No wonder the dealership is unable to move inventory. Irony is the greedy dealerships accusing the Mercedes management of driving the company to the ground. I really hope these dealerships go bankrupt sooner.
My son just got into a '22 MBZ GLA 250 AMG and he loves it. Interior is spacious enough for he and his son and it still gets great MPG so he can use it for side hustle gigs, like his drone video recording biz. Honestly, I think he got it more as a gift to himself for doing well, than anything else.
The "S" class of vehicles are considered to be the Mercedes Too of the line vehicles.
The mistake Mercedes made was going after that demographic for their electric vehicle sales. EQS was the first all electric Mercedes vehicle released in the US, they were supposed to release a C class electric SUV but the release date was during covid and they only released the car in Europe. Mercedes has now released an E class all electric here in the states as well the EQE sedan, which lis about 30-40k less than the EQS
MB and BMW seems to share that business model, they always get`s the latest technology on the S-Class/7-8Series first, then it tumbles down to 5, E-Class, then after a few years to the base C and 3 models. Weather or not it`s a good business model I don`t know, they high payers get stuck with all the bugs and recalls lol
I can't even image the floor plan cost at that dealer. Also it's quite funny that the dealers are whining about the manufacturers prices, and this one throws a 10K adm on that AMG GLE 63.
In 2004, I went to the local Pontiac dealer to purchase a GTO. With dealer markup, a GTO was about $60,000. Wandering about the lot, I found a brand new, but 2002, Grand Prix GTP. It had been on the lot for 18 months, unsold. I wound up paying $15,000 for a car stickered at $29,000; ONE FOURTH of the cost of the GTO. I am still driving the GTP, and love it.
Benz has been doing package bundling for options for years and they intentionally separate key features into two packages just to push the buyer to check all the boxes.
In some areas, they have the stripped ones that you can get actually get your hands on if you wanted to own that badge.
I've watched a few of these videos now. I love them and I just subscribed. Yippee! You guys are great. All of these EVs have planned obsolescence. They won't be on the road 10 years from now. $100K, not long ago, was the price of house. Disgusting. If Mercedes sold these for $40K, I would still be apprehensive. Don't forget the monthly subscription fees, for eternity!
I have some complaints, your focus is on the EQS/EQE. Where is the tour of the E or C classes which are their popular models? It would be much more helpful as a viewer if you could talk to someone from a MB dealership. Just having Brandon on which represents the very low end of the industry, does not give perspective on the mid or high end. Your video is turning into a rant than providing ballanced information.
Agree 100%. Looking at the price of a Mercedes flagship vehicle isn't giving market prospective. It also is painful to read the comments by people who can't afford a $120k Mercedes TOTL vehicle, but have zero issue considering an $80k+ Ford Truck.
Oh please, looking at the lower price MB vehicles would destroy the clickbait.
I really doubt anyone from the dealership is going to talk to them and make their brand, and dealership look bad. I am surprised that they are not kicked off the lot. So yeah, this is likely the best they can do.
They go on a Sunday when its closed. @@craigfin3222
Started watching this channel last week. Now I’m hooked.
It really does depend on the market that they are being sold in. I live in Miami and have a friend who works for one of the Mercedes Benz dealers here. She told me the demand is off the charts and i see lots of them on the road.
Y’all are killing this content! Any chance you can do it at an Audi dealership? I’m considering an e-tron but the prices are way overblown to me.
Take a look at LeaseHackr…some deals have been hacked on the EQE & EQS. There’s enough incentives & motivated dealers out there who will do 3 year leases on these for 600-700ish/month with only inceptions due at signing. Crazy. The people who lost BIG are the early buyers of these Mercedes EVs. Not only did they pay an MSRP & have no incentives on them at the time, but they probably paid a mark up, as well! Absolutely insane! These incentives are starting to creep into the Audi eTron/eTron GT models.
I almost bought a Benz in the winter and I thank God I changed my mind… the hold no value
Nope not like before.That’s why you see so many of them lol.
what did you get now?
@@leedaniels7196they never held value well but then again no luxury cars do
Many different car brands are going up like crazy! Mercedes always was higher end, so this shouldn't be a shock.
I left from selling Audis back in May and wanted to travel for a bit. Now, my am ready to get back to selling and have two nice offers from two great local dealerships, Porsche and MB. I’ve got a couple of days to decide and am stressing about which to choose. This video has me wanting to go with Porsche.
I’d love to see you guys do an interview with a dealer GM and ask them about the current market and market adjustments
GM has lost their mind - they could have taken the Cruize - fixed the problems - and sell boat loads with no development costs - get them made in Mexico if necessary to cut costs - whatever ....
@@nrich5127 dealer GM= general manager
I love your videos as I think they are very informative. I am confused with this one though. mercedes are high end and are priced as such.
Big inventory, even without the ship load that's on fire!
My parents who live in Florida in an affluent area just ordered and bought an E class. A regular E class. The dealer only has EVs in stock and according to their salesman, nobody wants them. But they ARE buying the ICE models but they have to special order them and wait months. But they are paying over $100k for G wagons with wooden steering wheels and stuff like that.
I have a feeling manufacturers misplaced initial EV demand that comes with early adopters to overall mass market demand. We will know here next year or two if that is true.
Now when we get capacitor batteries, if we ever do, that will be a game changer imo. But we are still years if not decades from that, again imo.
Indeed. You nailed it. Perhaps they thought they could drive demand.
Absolutely what happened, and of all of the EV buyers many would prefer Tesla. Every brand trying to get a piece of the pie but those early adopters are sticking with Tesla, and a 100k plus price tag on Mercedes Benz EV certainly isn't changing their mind any time soon. Just like Ford, the electric vehicles from the brand are going to continue to sit and rot away because there isn't a buyer for that. A Mercedes Benz buyer doesn't care about EV's, and an EV buyer wouldn't buy from Mercedes. If I ever bought an EV it would hands down be a Tesla and I wouldn't consider any other brand as Tesla has become the dominant EV with the most support. A high end Mercedes buyer is buying an AMG, they couldn't care less about an electric car
Don’t forget, there’s also a lot of irrational political and social ideological pressure being put on citizens here by various governments and lobbyists to force uptake and demand. Some car manufacturers are hedging their bets and others are taking a slower approach.
@@frank8040 In my best Greta voice, "How dare you!" 😆
G-class was my dream car and I remember they started at about $125k and fully loaded were about $150k, it’s crazy how those basic cars are basically the price of a G-class
They are now 200k for a used one and 300k for a new one if I recall correctly, I haven't check in the last few weeks so I dunno if the market started dropping g wagon prices
Trying to hold out a little longer to buy a Mazda3 or CX-30 in September or October so I can give my son my car since he doesn't have one. Prices on used cars are going down slightly in our area but new cars are still way too expensive.
Last week of December if you can hold on.
I have had no issues with my 2015 Mazda 3. Have owned it 9 years and 55K miles now and only put a set of tires and a new battery in it; in addition to oil changes and other minimal maintenance.
Not that they would get a straight answer but would love to see them talk to dealer management about these dealer markups. What are they trying to do by adding them?
Did you ask the dealership to record on their lot or can you just do it? Didn’t know if they saw you two walking around, a sales rep might come out and ask if they could help since I’m sure they’re not too busy inside.
They probably do them on Sundays. Dealers are closed. I always look at lot cars on Sundays
It's open to the public, unless sign says or they ask you to leave and threaten you with trespass, it's legally protected.
There's no difference between you walking a lot and recording what's on the lot. The only difference I can imagine is if you're in a state where you can't record someone without their consent. Since it's closed and nobody is there, there's nobody to consent and they're not trespassing unless there's a sign that explicitly says, "No Trespassing".
Hell, did you *not see* that big ass truck driving through the lanes in the video?
"Well, they weren't recording"
I would retort, how do you know they weren't recording?
In fact, some states make it outright illegal to talk about pricing and such on Sunday at a dealership (which is why they're closed on Sunday). However, some dealerships will actually send sales persons out on Sunday to still up and present cars to people if they're interested, but they just can't talk price, but they can set appointments for the future!
It's likely a Sunday and dealership lots are publicly accessible, I have never seen a "no trespassing" sign at a dealership lot...it'd be a really stupid move.
The dealer probably agreed so as to put pressure MB to lower prices.
I think it’s hilarious living in eastern MA, with all the people driving around in $100,000 EV’s and crapping on all the bad people who refuse to install solar panels on their mansions and spend $100k on a car. Most of the people driving these things don’t realize that the vast majority of people actually can’t afford buying these as their third or fourth vehicle - or even as their first….
And fwiw, I work for a financial company and A LOT of my colleagues are driving EV’s.
Its called rich Not In My Backyard (NIMBY) liberals raising their noses at the rest of us trying to survive in bidens economy.
For that writeoff
@@JoeyBarb87 oh for sure. Also hilarious when people take that tax break being paid for by people poorer than you. A neighbor just got a free $60,000 HVAC system installed on their $800,000 house. I think the Liz Warren signs (still up) are supposed to cancel out the grift.
buying an EV is new pretentious dbag "i made it" image thing now. F them all
Crazy how there are so many people now driving around in $100k EVs. Either more and more people are becoming wealthy or not all EVs are $100k. Maybe just the ones you are looking at.
Love this! Literally where I'm from lol. Really hope they reduce their prices significantly by next year!
Exactly! I was just there on Saturday. They were not budging on their numbers, so I went over to bmw. Their prices were more fair.
Being this is a poorer area, could this be stock for many other dealerships and Mercedes is just warehousing them there?
I've seen that before:)
They've been in business there for over 30 years. Just like nearby Kerbeck, Mercedes dealerships are more destination rather than someone casually walking in on a Saturday afternoon looking "for a deal".
Thanks to your videos makes my argument, that these EV’S are so expensive that common ppl like us will never be able to purchase this ridiculous overpriced vehicles. Again I been saying is for the super rich, they don’t care paying these prices.
I was at MB dealer in St. Petersburg Florida last week. I’d love to buy a GLE 53. But two things…1) they have just as many cars sitting on their lot. Nothing is selling. 2) your comment about MB depreciating like a boat anchor, is just so true. I just can’t do that know how hard I’ve worked for that kind of money. Even buying used, they still keep depreciating!! I’ll be driving Honda Accords for the rest of my life. 😢
Just picked up an almost fully loaded GLA45 a few months ago, was like 72k. Granted, it even had the grey magno paint which was over 3K. But Mercedes is still selling pretty good, at least in my area (cincy)
I used to be a Mercedes guy but I’ve gone to Lexus. It wasn’t the price that pushed me away it was what you got. A lot of cheap plastic, small seats, screens. Everything got cheaper inside of the car but prices went up. Think about it, when you replace mechanical climate control, mechanical fuel injection, mechanical gauge clusters with electronics and screens shouldn’t that drive prices down? Not with Mercedes they charge more for disposable stuff.
I've got a 2022 EQS 580. Yes it was expensive, and yes it will depreciate like a rock. But, wow wow wow...what a car. I've been fortunate to have many different high end German cars, and this thing is off the charts. When you compare a $150,000 EQS to a $100,000 Jeep or Toyota, the EQS actually looks like a bargain (as crazy as that sounds). I'd love to have you drive one and report back here.
Just had recommended annual service done on my 2018 C43 at my Mercedes dealer. Cost was just under $2,200. Absolutely ridiculous. Wish there was a way to find an honest reliable mechanic for routine car service.
I bought an EQE here in Germany 5 months ago and I am still waiting for it... and who knows when it will arrive. I am amazed by how different the situation is in the USA honestly... here in Germany there is not a lot of stock for EQE/EQE SUVs...
Imagine paying that much for an EV that will burn down your house.
What is the best road sign in America?
...
....
.....
*_Now Leaving New Jersey._*
[Wink]
Stay classy my friends.
you TRY, as well. CB
what is the BEST poem in America?
“ Roses are red
Violets are blue
Some poems rhyme
But this one doesn’t.” CB
Try getting a Sprinter though. They’re always sold out, pre-sold, or the dealer is charging a $20k markup.
Love this guy , my dad was a dealer for 50 yrs and god rest his soul would be just like him losing his mind
The part that's so strange to me is they're very nice of course but at the end of the day, a lot of Mercedes are sedans. Honda, Toyota, they also make 'sedans'. Four wheels, steering wheels, etc. They also make some nice SUV's, and the electric vehicles seem pretty cool. butI guess what I struggle with is 'Mercedes' doesn't mean what it used to for me. Growing up, they were kind of special. They were more of a symbol. But today, it seems like anybody can have anything if they're willing to throw away their financial futures, so you see loads of them. Ditto Porsche & their SUVs, etc. Anybody can say: "I drive a Porsche", so it's odd for people to be into having the ability to say that. There's just nothing special about those brands anymore IMHO. They're just expensive.
exactly when they started lower credit standards so they could sell them, thats when the aspiration to get one wore off. Now they are nothing special, just a car, and a way over priced car at that....
A lot of high-end Toyota (not Lexus) cars are just as nice at half the price. If you want the badge, get a Lexus. Otherwise I'd get a fancy Camry or late model Avalon.
For the life of me, I can't understand how they can remain in the US car market with their reliability issues.
Back in the early 1970's the US dollar went up compared to the Deutsche Mark, and Mercedes RAISED their US prices. They lost me as a potential customer then and there. In later years I heard acquaintances complaining about the costs of Mercedes service and parts. On top of that, Consumer Reports rated their dependability on a par with Datsun, well below that of Toyota.
Quite bizarre , in the UK, the radio station I listen to is carrying adverts from Merc telling customers to go direct to Merc online. What about their dealer network?
This is just the inventory you see. I'm a truck driver and probably every other day I come across some parking lot that's been rented just to store hundreds of cars they can't fit on the lot. I went to one place the other day and the person renting the lot across from them easily has 1000s of Fords and Toyotas. The overnight rate has gone up 16x. That's translating into main street loans and people can't afford this shit.
Went to GM Dealer to have service on my car, They had a Corvette for $223k with a $75k Market adjustment😂
did ya buy one, huh?huh?huh? CB
I’m glad you guys did a video on MERCEDES BENZ DEALERSHIPS BECAUSE NO ONE HAS EVER DONE A VIDEO ON IT!
The regular service costs for Mercs are more expensive than a used car.
In Germany 66% of new registrations are company cars... employees in management positions get this as a fringe benefit.
well for a mercedes S class type EV or ICE type are always expensive arent they? lowest priced ICE version starts at 114,000 and goes up from there depending on options?
MB of Fort Washington PA has tons of New vehicles ... according to their site they have 307 New vehicles in stock ...
You guys are cool man best father-son combo ever!! I'm loving these videos guys!! 😂