Good Deals on Mercedes for October

October 2, 2009

Mercedes does not want to project the image of a discount car brand. Therefore, the incentives currently being offered for October 2009 are a bit subtle, but nevertheless good deals.

They don’t offer direct factory-to-customer rebates but, instead, offer some very good low-APR loans and a number of very hefty hidden factory-to-dealer cash rebates, which dealers usually give back to customers as price discounts. All the current deals end 11/02/2009 and apply to most Mercedes models, but not all.

The factory-to-dealer cash incentives are all on 2009 models that need to be sold to make room for new 2010 models. However, most 2010 models have low-interest loan deals. Be aware that all the Mercedes low-interest rate deals contain a 1% reserve (dealer markup) and you might be able to negotiate some or all of that markup out of your deal. For example, you might be able to turn a 1.9% rate into a 0.9% rate.

Here are examples of the new October Mercedes incentives. Remember, these incentives may not apply to all styles within a model class.

2009 Mercedes C-Class - $3500 factory-to-dealer cash

2010 Mercedes C-Class – low-interest loan rate: 1.9% APR for 24/36 months and 2.9% for 60 months

2009 Mercedes E-Class – $10,000 dealer cash

2010 Mercedes E-Class – 3.9% APR loan rate for 24/36/60 months

2009 Mercedes GL-Class – $10,000 dealer cash

2010 Mercedes GL-Class – 2.9% APR loan rate for 24/36 months and 3.9% for 60 months

2010 Mercedes GLK-Class – 1.9% APR loan rate for 24/36 months and 2.9% for 60 months

2009 Mercedes M-Class – $6000 dealer cash

2010 Mercedes M-Class – 1.9% APR loan rate for 24/36 months and 2.9% for 60 months

2009 Mercedes S550 – $14,000 dealer cash

2009 Mercedes SL550 – $15,000 dealer cash

2009 Mercedes R-Class – $10,000 dealer cash

2009 Mercedes SLK-Class – 1.9% APR loan rate for 24/36 months and 2.9 loan rate for 60 months

You can get free price quotes on any of the Mercedes vehicles from Edmunds.com. The quotes will automatically include any cash-back rebates or discounts that are currently available.