Disclaimer
Discounts and other offers are subject to change. Offers checked on February 21, 2024.
You can drive into the sunset in a new Mercedes if you are a current American Express credit card holder or a member of Sam’s Club. The maximum discount of $12,000 applies only to a car that costs over $100,000, however, more mainstream Mercedes SUVs and sedans can get between $500 and $4,500 off. Active military servicemembers and PenFed credit union members may also take advantage of these discounts.
The offer now includes both 2023 and 2024 models.
Mercedes models from 2023 qualify for the steepest discounts. The top discount of $12,000 is applicable to 2023 EQS model sedans and SUVs.
Mercedes Discount Overview
The online marketplace for auto purchasing and sales, Truecar, provides the platform for these Mercedes discounts. Truecar works with a network of over 10,000 certified dealerships to set discounted prices on the MSRP of certain car models.
Truecar partners with affiliate organizations to offer buyers an additional layer of discounts called bonus cash. These limited-time offers work with specific car brands, and the current promotion is for Mercedes-Benz sedans and SUVs. You won’t find these offers on the Truecar website, and they are only available to members of select Truecar partners.
Bonus cash offers may be combined with public incentives and member discounts from Truecar certified dealers.
In most cases, you must have been a member of these Truecar affiliate partners for at least 60 days to qualify for the discount. Therefore, it’s important to read through all requirements before joining programs like Sam’s Club or PenFed.
- The Sam’s Club Auto Buying Program
- The American Express Auto Purchasing Program (for all American Express cardholders)
- The Penfed Credit Union (also offering bonus cash off Audis and other brands)
- The Navy Federal Credit Union (also offering discounts on BMWs and other brands)
- Active duty members of the U.S. Military (also offering discounts on other brands)
Which Mercedes models are discounted?
Here are the bonus cash offers for each 2023 or 2024 model. These discounts change frequently; be sure to confirm them before making a purchase.
How to Get the Discount
It’s straightforward to obtain the bonus cash discount:
- Access the auto program of the partner where you are a member (e.g., Sam’s Club, American Express, etc.).
- Follow the prompts to find the 2023 Mercedes-Benz model that interests you and specify any desired features.
- Dealers will contact you to set up appointments.
- You will receive an email with the discount code to redeem at the dealer.
- Most programs provide additional perks if you register the purchase through their website, such as discounts on future repairs or free mechanic consultations.
- If purchasing through the American Express program, you can use your American Express credit card to pay for up to $2,000 of the car’s purchase price, allowing you to earn points back.
Other Ways to Save
New and used electric vehicles may also qualify for discounts at the dealership through the Inflation Reduction Act (IRA), with potential savings up to $7,500. If you are interested in an electric model, inquire with your dealer which cars qualify and ensure that your income meets the program’s guidelines.
Although no new Mercedes-Benz cars qualify for the $7,500 discount, several used models qualify for $4,000 from the dealer. These include:
Used fully-electric models eligible for $4,000 off:
- B250e (B-Class) (2014-2017)
- EQB SUV (all trims) (2022)
- EQS Sedan (all trims) (2022)
Used plug-in electric models eligible for $4,000 off:
- S550e PHEV (2015-2017)
- S560e EQ PHEV (2020)
- GLC350e 4M (2018-2020)
- GLE550e 4M (2016-2018)
