Things are looking good for Mercedes-Benz in every place but Canada. Sales are down and Mercedes is afraid of losing some valuable customers. Don’t worry though they always have a plan. They will be cutting down their prices on certain models during the holiday season by creating a Manufacturer’s Dealer Direct Incentives (MDDI).
Effective now, reductions of up to $10,000 are available across the model range. The CLS 550 offers up a $6,000 discount, while an S450 4Matic offers an $8,000 incentive. Customers after the legendary Mercedes Benz SL-Class models will benefit from a $10,000 incentive. In some circles, the SL makes a fantastic Christmas present.
These incentives are intended for those paying cash for their vehicles- though adjustments to finance rates have been made to reduce them to as low as 3.9 percent. Participating dealerships will also waive the first months lease payment and security deposit, while absorbing 1% of the GST on all models.
Marcus Breitschwerdt, Mercedes-Benz Canada CEO gave a statement earlier in the week:
“These competitive Manufacturer’s Direct Dealer Incentives have and will continue to provide customers and prospects a most sound rationale to purchasing their Mercedes-Benz vehicles in Canada. In keeping with our on-going commitment to offering competitive rates and prices in the Canadian marketplace, these offers truly represent unprecedented value for our customers.”
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