Last post on Oct 28, 2009 at 2:19 AM
You are in the Prices Paid & Leasing Experiences Archive
What is this discussion about?
Mercedes-Benz CLK-Class, Coupe, Convertible
#123 of 260 Re: LEASE VS PURCHASE INTEREST? [addi]
Apr 04, 2006 (2:29 am)
Hi Addi. Mercedes-Benz has a special financing program on this car that provides 1.9% for up to 3 years, 3.9% for 4 years, and 4.9% for 5 years. Unfortunately these rates can only be used on conventional finance contracts. Mercedes-Benz Finance has a completely different set of rates for leases of this car. For April, its buy rate lease money factor for a 36 month lease of a 2006 CLK350 Coupe is still .00145. This is equivalent to an interest rate of around 3.48%. When negotiating your lease on this car, keep in mind that Mercedes is providing a $2,000 bonus on leases of this car through Mercedes-Benz Finance this month. Make sure to take this cash into account when negotiating your car's capitalized cost.
Smart Shopper / Prices Paid Forums
#124 of 260 Car_Man - Interest Rate Explanations
Apr 04, 2006 (6:45 am)
Many thanks for your clear explanations pertaining to the interests rates concerning leasing vs. purchase.
I have been keeping under the bookmark click a small but very usefull set of info from you so that when I get ready to enter my next lease my knowledge for negotiation time will be set.
I presently lease a 2004 525i BMW. The one area I needed the most help was knowledge about the MF/buy rate. You have very nicely put me square on this very important area. Many Thanks. Addi.
Apr 06, 2006 (8:04 pm)
i am interested in leasing a 2006 Mercedes 350 Convertible for 36 months with
manual transmission preferred, but not a must (are they hard to find?)
How much per month should I expect to pay with minimum driveoff?
How much is the minimum driveoff?
How do I get the best deal and not get screwed when I walk into the dealership?
Thank you in davance.
#126 of 260 CLK 350 Lease
Apr 20, 2006 (6:26 am)
I don't know anything about leasing any help will be highly appreicaited.
The dealar is offering me a CLK 350 with
Sun Roof and CD changer. 10K/3000 Down/439 per month/27 months. Is this a fair deal.
#127 of 260 My Lease Deal
Apr 24, 2006 (6:44 am)
I am proud new owner of a Cadet Blue Mercedes Benz CLK 350 with the Performance package(Sun roof- 6 disk cd changer and much much more) and wood grain steering wheel. I am so excited and believe that I got a good deal.
Initially I went for the $439 per month for 27 months deal. The catch with this deal is the money that has to be put down( almost $4000 and the millage allowance is 10K per year. For me that wouldn't work. So I opted for 39 months /12Kmiles for 599 per month(plus tax)and I only had to pay $2500 DOD. I got this deal from Mercedes Benz of Buckhead in Atlanta GA. Keep in mind that you must lease through Mercedes Benz Financial and have a Tier 1 credit score to get most of these deals.
#128 of 260 Current lease programs
May 02, 2006 (4:50 pm)
Carman - Do you know of any current lease deals/incentives on CLK 350's? I live in the San Diego area if that helps
May 29, 2006 (6:28 pm)
Could you please provide the current residual, money factor and any incentives in place for a 24mo/15k mi/yr lease on a Mercedes CLK500?
#130 of 260 Re: CLK500 Lease Program [nlproductions]
Jun 20, 2006 (2:29 am)
Hi nlproductions. You never mentioned if you want a coupe or a convertible, so I'll provide you with the programs for both. If you were to lease a 2006 Mercedes-Benz CLK500 Coupe through Mercedes-Benz Credit right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be a horrible .00415 and 62%. The numbers for an otherwise identical lease of an '06 CLK500 Convertible should be .00415 and 67%. These money factors assume that you pay a security deposit ad acquisition fee at lease signing and that you qualify for Mercedes-Benz Credit's top credit tier. When negotiating your lease on either of these cars, keep in mind that Mercedes-Benz is currently providing $1,500 dealer cash on them. This money will help you to negotiate an attractive capitalized cost.
Prices Paid Forums
#131 of 260 CLK350 Conv Lease Question
Jun 29, 2006 (7:46 am)
I am looking to buy a CLK350 Conv.
What should I look for in a lease deal. Cap price, lease factor, residual?
How does it differ from the E350 programs.
#132 of 260 Mercedes CLK 500 Cabriolet Lease Deals
Jul 02, 2006 (1:11 pm)
Hi Car Man,
Please update Mercedes CLK 500 Cabriolet Lease Deals available now along with any other incentives available to help negotiations.
Looking for 36 or 39 month lease, 12K or 15K miles / year.
Please advise money factors, residual %'s, along with any other insight into this car lease you can offer.
Also, trying to get info on leasing new Lexus ES350 Premium Plus with Navigation that has list of $40,999 and don't understand why lease pricing be quoted on Lexus website are highter that MB E Class 350 that cost 10K more.