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Mercedes-Benz CLK Class Prices Paid and Buying Experience

103 messages,  Last post on Mar 17, 2009 at 10:44 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mercedes-Benz CLK-Class, Coupe, Convertible


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#65 of 103
Re: From a 2003 Toyota Camry LE to a 2007 CLK 350 [samarora] by vinnyny
Feb 14, 2007 (6:44 pm)
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Replying to: samarora (Feb 13, 2007 10:06 pm)

I'm not sure how much better you could do because I'm not sure I understand how MB gets the numbers for the lease. Specifically, I can't figure out the real cap cost and the dealer contribution. Here's what their ad says: "MSRP of $49,505 less the suggested dealer contribution resulting in a total gross capitalized cost of $45,931.98." It goes on to say that there is a $2750 cap cost reduction. Is that in addition to the dealer contribution (i.e. subtract 2750 from $45931.98 to get the actual cap cost) or is that $2750 already included to get you down to the $45931.98?
 
The invoice is only $46904. So, if the $2750 is not included in the $45932, that would tell us that the dealer is selling the car for less than invoice. One must assume that the dealer is getting some factory cash to make that happen. If that's the case, I wouldn't count on too much more of a discount--but I sure as heck would try to get more anyway.
 
If the $45932 includes your cap cost reduction of $2750, then the dealer is taking off a mere $853 for a $50k car. That's what? 1.6%? You've got to be able to beat that!
 
Maybe one of the lease smart hosts can help us out with this one...
#66 of 103
Pricing for a new 2006 CLK500 by slal99
Jul 23, 2007 (6:07 pm)
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Just bought a new 2006 CLK500 from a Mercedes dealer with full warranty for $48.5K. What do you think of the pricing?
#67 of 103
Re: Pricing for a new 2006 CLK500 [slal99] by blessedcrys
Jul 23, 2007 (10:05 pm)
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Replying to: slal99 (Jul 23, 2007 6:07 pm)

Give a little more detail. What are the features? Miles? Condition? How many owners? How long is the lease/finance? Extra incentives? Dealer or Carlot? What state? But so far for a CLK500 it seems GREAT!
#68 of 103
Re: Pricing for a new 2006 CLK500 [blessedcrys] by slal99
Jul 25, 2007 (1:50 am)
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Replying to: blessedcrys (Jul 23, 2007 10:05 pm)

The car is brand new from a dealer. They had a "leftover" 2006 CLK 500 Cabriolet with P1 and heated seats with 200 miles and full warranty. It was an outright purchase for $48.5K.
#69 of 103
Re: Pricing for a new 2006 CLK500 [slal99] by vinnyny
Jul 25, 2007 (2:05 am)
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Replying to: slal99 (Jul 25, 2007 1:50 am)

Awesome deal!
#70 of 103
options by drel12
Aug 16, 2007 (12:47 pm)
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All of these deals would be 4y/10k lease with a blindly appraised $8000-9000 trade-in.
 
I'm currently looking at an 07 silver 550 conver for $650 including tax, P1 package but no navi
 
Also an 08 white 550, p2 package with navigation at $700
 
And finally an 08 black 550, p3 package with navigation at ~$725, haven't really negotiated with this price yet.
 
What do you think? Also, does anyone have any information on the possibility of a new CLK coming out in 08 or 09?
#71 of 103
Need Help and Advice to trade in a 2002 CLK430 by peterk77
Aug 22, 2007 (9:03 pm)
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Hi,
 
I am new to Edmunds forum and I have a "situation". Last year I traded a 2006 Jeep Liberty for a Certified Pre-Owned 2002 CLK430. The purchase price for the MB was 29K and I lost about 9K on the trade in (too many miles on the Jeep). Due to the mileage I do per year, I could not lease and so I added the extended waranty and all the "extra's". My payment is 844.00/mos for 60 mos (a whopping 50K for a used MB).
 
To make a long story short I added about 50K miles on the MB since then and it has about 75K miles now. I owe 35K and its trade-in is about 19K-21K.
 
I would like to get out of this deal and maybe get into a lease, but I don't know the best way to go about it without losing a TON of money AGAIN! At this point I am not picky on the make or model of another vehicle but I would like to stay in the 25K-35K category of a mid sized car. I am only going to use it to go back and forth to work.
 
Can anyone give me some advice please? Oh, I can still afford the 844.00 payment, but I don't think its worth taking the 2002 MB CLK430 for another 3+ years. By that time it will probably have over 100K miles and then might not be worth a whole lot.
 
Thanks in advance,
 
Peter K
#72 of 103
CLK Interest Rate by gabbana2000
Sep 06, 2007 (5:30 pm)
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I am looking at the payment calculators on the MB website and want to do a 36 month balloon contract. I have an excellent credit score. Any idea what I would be looking at for an interest rate? Thanks!
#73 of 103
2008 CLK-350 Price by manly
Sep 19, 2007 (1:10 pm)
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Thank you to all of your inputs. We Just leased a new 2008 CLK-350 convertible from a SOCAL Mercedes dealer with 15k/mile for $53.8K. Here is the detail:
 
sale price=$53800
Money factor=.00225
residual=66%
term= 27-month on 15,000 miles
drive-off= $5000
monthly payment= $685 including tax (8.25%)
 
options are:
- Premium package 1
- DVD navigation
- Heated Front Seats
- iPod Integration Kit
- Free oil change for the lease term
 
Could we do better deal?
 
Thanks
 
P.S. email me if you want the dealer contact.
#74 of 103
Re: 2008 CLK-350 Price [manly] by ob995
Nov 27, 2007 (8:59 am)
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Replying to: manly (Sep 19, 2007 1:10 pm)

You are paying a boat load for the "Free oil change for the lease term". As I got the almost the same Money Factor(0.002) as you but 68% residual on the same lease terms and miles. The dealer was able to get me higher residual and slightly lower Money Factor by using US Bank over MB Credit and I bought the car on Sept 28. I put $1171 drive off and I am paying $706.91 after tax (8.25% LA County).
 
Car I got had the following:
 
P2
P90
DVD navigation
Heated Front Seats
Ipod Integration Kit
Wood Steering Wheel
Keyless Go
MB Phone
 
My Car had an MSRP of $65k with a selling price of $57k. Those extra 4k you put down over me is like paying an extra $150 per month over 27 months. So I ended up getting a much more loaded car for a lot less.

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