In the market for an upscale Mercedes? Are you a reader of USA Today? In that case, stop talking to your travel agent. If you have already booked a ticket to Beijing, cancel it. USA Today fooled you. Most likely without malice. USA Today doesn’t know better.
Today, USA Today writes:
“If you’re looking for a deal on a luxury car, head to China. That’s where Mercedes-Benz is cutting as much as 25% off the price of some of its swankiest models.
Bloomberg News reports that China, an automaker’s paradise of anxious buyers only a couple years ago, is getting a lot tougher for those who want to sell to those who drive the very best.
Besides Mercedes, BMW and Audi are having to offer discounts of 20% on their flagships.”
Before you head to China, you may want to know what one has to pay there for one of those swank Mercedes cars. Due to murderous duties and taxes on those imported swank cars, prices in China are a tad higher than back home.
According to the Mercedes-Benz website, a Mercedes-Benz S 600 L (they only have longs,) costs 2,598,000 yuan in China. That is $410,821. Before all kinds of other taxes. A Mercedes S 600 (normal) is listed at $162,975 MSRP in the U.S. TrueCar says I should get one for $153,518. Even if I get that 25 percent discount in China, the price I pay here would buy me two S 600 in the U.S.