Last post on Oct 28, 2009 at 2:19 AM
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Mercedes-Benz CLK-Class, Coupe, Convertible
#79 of 260 Re: MB CLK350 2008 [wazab]
Jan 28, 2008 (1:52 pm)
That rate is way too high on a 36 month lease. Here are MBC' current January lease rates on the CLK 350.
2008 Mercedes CLK350 Coupe
24 Month – Residual 60% of MSRP – .00005 Base Rate
36 Month – Residual 52% of MSRP – .00075 Base Rate
48 Month – Residual 46% of MSRP – .00075 Base Rate
60 Month – Residual 41% of MSRP – .00355 Base Rate
2008 Mercedes CLK350 Convertible
24 Month – Residual 66% of MSRP – .00080 Base Rate
36 Month – Residual 57% of MSRP – .00120 Base Rate
48 Month – Residual 51% of MSRP – .00120 Base Rate
60 Month – Residual 45% of MSRP – .00355 Base Rate
*Rates are based on 10k annual miles. Subtract 2% for 12k miles, subtract 3% for 15k miles.
As you can see, they are trying to charge you the 60 month rate as oppossed to the 36 month rate.
#80 of 260 Re: MB CLK350 2008 [ocautoseeker]
Jan 28, 2008 (2:02 pm)
I received a call from a dealer saying that MB USA will allow me to terminate early (within 3 months of termination date) without penalty if I go into another MB. This is not the environment they were in 3 years ago, last time I did this, when dealer said he'd take back car but I had to continue to make all payments !!!
I told them I'm not quite in the 3 months yet and even if I was, I am not looking to have them add payments into the lease. Dealer assured me this wasn't a gimmick and that MB would allow me out early. Anyone else hear this?
#81 of 260 Re: MB CLK350 2008 [bill124]
Jan 28, 2008 (7:14 pm)
It's called a lease payment waiver, and if it is in effect, then they will essentially "eat" your remaining payments, so long as you enter another contract with MBC. Your current lease undoubtedly would need to be through MBC, though.
Call Mercedes- Benz of North America to confirm:
#82 of 260 Re: 2008 CLK-350 Price [manly]
Feb 10, 2008 (5:02 pm)
I.M.H.O. (airplane speak for "In My Humble Opinion") you did just fine. I'm not a "car-guy" since my one indulgence happens to be airplanes--private air travel is my first-choice form of transportation and I've had a plane since I was 26...and thats alot of years!
Yesterday (2-8-08) I leased for 27 months but only 10k miles/year the exact same car--or nearly so-- '08 350CLK convert. (I estimate the car will have not more than 12,000 miles on it when I turn in back in 27months)
Extra cost paint
IRG participation $600 -whatever that is
MSRP on this car is $61,320. the "capitalized cost" was $ 58,480
My sales tax is only 3.4% -- with $1k down (including the 1st pymnt) my monthly cost is $702.61.
The important thing to remember when leasing is that whatever you put "down" over and above the first payment will be lost if you have a car stolen -or- written off by your insurance company.
#83 of 260 Re: 2008 CLK-350 Price [uncle840]
Mar 06, 2008 (3:05 pm)
$629 a month for 27 months for a '08 clk350 cabriolet, 10k mi per year.No down pay ment, drive off costs include first month's payment and tax. MF is .0008 and residual is 65%. MSRP is 60105 and selling price is 54411. What do you think?
#84 of 260 Re: 2008 CLK-350 Price [crestonave]
Mar 06, 2008 (3:16 pm)
I am also on long island. What dealer is that and do they have inventory? I am going to be giving up my lease on 05 cabriolet in July but for a good deal would go sooner. I can't speak to MF and residual but monthly is good. Note that I still think quality sucks and hate that MB doesn't cover routine maintenance when everyone else in that space does.
#85 of 260 Re: 2008 CLK-350 Price [bill124]
Mar 07, 2008 (4:15 pm)
MB doesn't cover routine maintenance when everyone else in that space does
Only BMW still covers routine maintenance for free. Audi discontinued it and most others never did.
#86 of 260 Re: 2008 CLK-350 Price [vinnyny]
by kyfdx@Edmunds HOST
Mar 08, 2008 (7:56 am)
I think Audi still covers the first year...
And.. you can extend it to 4/50 for a list price of $595..
But, other than that... BMW is it...
A lot of buyers think that it's no big deal.... until they come home with a $150 bill for their first oil change..
#87 of 260 Re: 2008 CLK-350 Price [kyfdx]
Mar 08, 2008 (4:19 pm)
What do you guys think of the price and leasing cost for that car? I found my sheet from 2005 and my cap cost three years ago for the 320 was like 56.9K leaving me with payments of I think 749 for 39 months. His cap cost with nothing down is less. Seems to my I got a bad deal, he has a good one, or some combination. Let me know. My lease is up in July. Also, what do you guys think about availability in June? Does the weather increase demand / am I better off looking now?
Also, for the guy with the earlier post with the pricing, let me know what dealer,even if not on long island.
#88 of 260 2008 CLK Price
Mar 08, 2008 (11:27 pm)
I just got my 2008 CLK350 and I thought I had a really good deal, but after reading many posts. I am not sure. Can anyone help me to figure out if my deal was good or bad?
Monthly Payment: 570.90 + 47.10 Tax in LA = 618
Term is for 12k a year for 27 months.
Gross Capitalized Cost: 48,872.90 + 795 (Acquisition Fee) = 496667.90
Down Payment: 5,286.00 (Includes below items)
-618 (First Month Payment)
-3917.36 (Capitalized Cost Reduction)
-323.18 (Sales/Use Tax)
-45.00 (Document Fee)
-8.75 (DMV Filing Fee)
-3.71 (Sales tax on Document Tax)
My car has P1, Nav, and Ipod with diamond silver exterior.
I don't know what my money factor is. Could anyone help me to figure out? This is my first time leasing a vehicle and I am really concerned with the deal I got because I did not negotiate any on the price.