Signs of the Recession:
The Mercedes-Benz showroom sent out a letter this week to customers advertising a “private, 3-day only offering of in-stock automobiles” on April 23 through 25th. Why the sudden fire sale? “To be perfectly frank, we are out of space,” claims the letter. They are offering a $10,000 dollar discount on the S, CL and SL-classes of the 600 cars currently crowding both of their Manhattan showrooms. And 1.9% financing. And a free two-year maintenance plan. Also, just for coming in, they’ll give you a $25 “gift card,” usable for service or accessories. Rough times!