The Mercedes-Benz E63 S AMG. Just the name evokes images of raw power, luxurious interiors, and blistering performance. For enthusiasts in the Canadian market, owning this dream machine is a tantalizing prospect. However, understanding the true cost of an E63 S AMG involves much more than just glancing at the Manufacturer’s Suggested Retail Price (MSRP). Potential buyers need to navigate a landscape of fees, taxes, and variable charges to accurately gauge their investment.
While the MSRP provides a starting point, it’s crucial to recognize that this figure is purely for informational purposes and nationally advertised. It does not represent the final price you’ll pay to drive this high-performance sedan off the lot. Several additional costs are layered on top of the base MSRP, and these can significantly impact your budget.
Let’s break down the components that contribute to the final price of a Mercedes-Benz E63 S AMG in Canada:
Beyond the MSRP: Unpacking the Additional Costs
Several mandatory charges are added to the MSRP, regardless of where you purchase your E63 S AMG in Canada. These typically include:
- Freight and PDI (Pre-Delivery Inspection): This covers the cost of transporting the vehicle to the dealership and the dealer’s preparation process before delivery. This can be up to $3,995.
- A/C Surcharge: A standard $100 surcharge applies to vehicles with air conditioning.
- Tire Charge: A tire levy, which can reach up to $35, is also standard.
- Dealer Administration Charges: Dealerships often include administration fees, which can vary and go up to $695.
- OMVIC/AMVIC Fee: These are regulatory fees specific to Ontario (OMVIC – $12.50) and Alberta (AMVIC – $10) designed to protect consumers.
These charges are just the beginning. Taxes are a significant factor, and in Canada, this includes:
- Sales Taxes: Applicable provincial and federal sales taxes (GST/HST) are added to the vehicle price.
- Federal Luxury Tax Surcharge: For vehicles priced above $100,000, a federal luxury tax surcharge applies. This is a crucial consideration for the Mercedes-Benz E63 S AMG, as its price often exceeds this threshold. The luxury tax is calculated on the negotiated selling price and is the lesser of:
- 10% of the negotiated selling price, OR
- 20% of the negotiated selling price above $100,000.
It’s essential to understand that the luxury tax is not calculated on the MSRP but on the final negotiated price you agree upon with the dealer.
Navigating Financing and Leasing for your E63 S AMG
Many buyers consider financing or leasing options for a Mercedes-Benz E63 S AMG. It’s important to be aware of the estimated nature of online payment calculators. Monthly payment figures presented online are estimates only and are based on variables like:
- MSRP or Total Build price
- Selected finance/lease term
- Down payment amount
- Annual Percentage Rate (APR)
- Net trade-in value
These online tools provide a preliminary idea, but they do not include all applicable charges. Estimated payments typically exclude:
- Taxes
- Pre-delivery inspection and charges
- License and registration fees
- Retailer administration fees
- Tire duties
- Other governmental charges
- PPSA/RPMRR registration fee (ranging from $17.85 to $87.00 depending on province and contract term)
- Potential federal luxury tax
Furthermore, advertised finance and lease offers are not guaranteed for all buyers. Qualification depends on creditworthiness and other factors, and specific offer details are available from Mercedes-Benz dealers. APR rates used in online estimators are also subject to change, and the actual APR offered by Mercedes-Benz Financial Services may vary.
Dealer Discretion and Price Variations
The final purchase price of your Mercedes-Benz E63 S AMG is ultimately subject to change and can vary based on several factors:
- Dealer Location: Pricing can differ between dealerships and regions.
- Customer Location: Your location can also influence pricing.
- Inventory Levels: Vehicle availability and demand can affect prices.
- Vehicle Features and Options: Customizing your E63 S AMG with optional features will increase the price.
- Available Discounts and Rebates: Dealers may offer specific discounts or rebates.
Crucially, dealerships have the discretion to sell for less than the MSRP. Negotiation is often possible, and it’s wise to consult with multiple dealers to compare pricing and available incentives.
Getting an Accurate Price for Your Dream AMG
To get a truly accurate and comprehensive price for a Mercedes-Benz E63 S AMG in Canada, direct communication with a local Mercedes-Benz dealer is paramount. They can provide you with:
- The most up-to-date pricing information
- Details on all applicable fees and taxes
- Specific financing and leasing offers you may qualify for
- Information on current incentives and rebates
- A firm quote based on your desired configuration and location
While online tools and MSRP figures offer a starting point, understanding the complexities of pricing and engaging with a dealer are essential steps in making your Mercedes-Benz E63 S AMG dream a reality in Canada. Remember that the journey to owning this performance icon involves navigating the nuances of its price tag to ensure you’re fully informed and prepared.