Mercedes-Benz BMW imported car prices drop sharply

The imported luxury car that has been standing at the tip of the Chinese auto market price has changed recently. The reporter learned from the dealer that Mercedes-Benz imported a flagship model s series has a substantial price concessions, including entry-level price discount of up to 250,000 yuan, the price has been lowered to 700,000 yuan. The BMW Group’s flagship car 7 series also showed considerable price loosing.

"More than 600,000 to buy a Mercedes-Benz S? Is a used car, right?" This is the first response after many people heard of Mercedes-Benz S price cuts. However, the reporter confirmed yesterday from the Mercedes-Benz dealers in Beijing that a number of imported Mercedes-Benz models have been reduced prices nationwide. Among them, the top Mercedes-Benz Mercedes-Benz business class car prices significantly lower, entry-level Mercedes-Benz S300 business-type prices have been based on the factory guide price of 930,000 yuan on the basis of straight down 250,000 to 680,000 yuan. This kind of price reduction has made many people flock to it. “It was fixed within a week.” The reporter learned that a number of Mercedes-Benz 4S S300 business models in Beijing have been sold out after the price reduction.

The Mercedes-Benz R-class maximum discount rate also reached 200,000 yuan, the price system from 698,000 -124.8 million to 588,000 -104.8 million. Similarly, the price reductions of BMW's flagship models 740 and 730, which are the best-selling models in China, have also reached 80,000 to 150,000 yuan. Dealers said that there will be other preferential policies at the store, including low interest rate loans.

The data from the National Development and Reform Commission echoes the trend of price cuts for imported cars. The data on the monitoring of automobile prices in 36 large and medium-sized cities across the country shows that in January, the average price of China-made passenger cars fell by 1.7% compared with the same period of last year. Among them, the price of domestic cars dropped by 3.2%, and the price of domestic SUVs dropped by 0.6%. The price drop of imported cars reached 4.2%, of which, the average price of imported cars dropped sharply by 6.2%, while the price of imported SUVs fell by 2.2%.

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