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Mercedes-Benz CLK-Class Lease Questions

155 messages,  Last post on Oct 28, 2009 at 2:19 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, Car Leasing, Coupe, Convertible


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#124 of 155
Re: Current lease rate [fourizonly007] by bill124
Apr 16, 2009 (10:30 am)
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Replying to: fourizonly007 (Apr 16, 2009 10:23 am)

Location, location, location. Just like real estate, location is everything when car shopping. I had to go off Long Island to get a better deal a year ago. It's like you said, not many dealers will even offer that deal and then try to switch pricing at signing, let only actually do it.
#125 of 155
Re: Current lease rate [bill124] by theloungeboy
Apr 16, 2009 (10:49 am)
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Replying to: bill124 (Apr 16, 2009 10:30 am)

There is one MB dealership in my state so I won't be playing one off the other.
They are showing a $399 36 month lease on their website but they want over $8k out of pocket to achieve it. That is out of the question.
I have no idea how willing they will be to deal, but I am hoping that since I read CLK's replacement will be in showrooms by the end of May there will be some play in their pricing.
If I learn anything from my dealership visit today I'll post it here.
And btw thanks for posting the residual value (44%)!
#126 of 155
Re: Current lease rate [theloungeboy] by fourizonly007
Apr 16, 2009 (11:22 am)
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Replying to: theloungeboy (Apr 16, 2009 10:49 am)

If that's the case, you are probably better off getting their national deal on the CLK350 which is $359/mon with $5,104 drive-off for 48 months. You should be able to get at least 10,000 off of MSRP, given there is a $7,500 mfg to dealer incentive.
 
Good luck!
#127 of 155
Re: Current lease rate [fourizonly007] by theloungeboy
Apr 16, 2009 (5:35 pm)
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Replying to: fourizonly007 (Apr 16, 2009 11:22 am)

Well the trip to the dealership was fruitless.
They had 3 CLK 350s. Two Iridium Silver w/blk interior and one Black with Black interior. All optioned differently.
I drove the most loaded silver: P1, Navi, Bluetooth, App Package, Ventilated Seats, Keyless-MSRP $58920.
Their offer to me was full MSRP with only the $7500 lease cash off the price and (this was the kicker for me) a money factor of .00058. Residual was 44%.
I was told with a perfectly straight face that the interest rates (and money factors) I see on the internet are the rates to the DEALERSHIP not to the public! LOL. They "mark up the interest rates and resell them."
When I pointed out the lease deal on the MBUSA website for $359 a month shows that the "public" can get that money factor the only response I got was "That is for the base model that we don't sell".
Whatever.
I told them even if I could swallow their inflated interest rate, I would at least expect them to knock something off the MSRP.
Not heartbroken....just would have been a great deal if they honored it!
Best of luck to everyone else out there.
#128 of 155
Re: Current lease rate [theloungeboy] by bill124
Apr 16, 2009 (5:39 pm)
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Replying to: theloungeboy (Apr 16, 2009 5:35 pm)

Please share with us the name and location of the dealership(s).
#129 of 155
Re: Current lease rate [bill124] by theloungeboy
Apr 16, 2009 (9:23 pm)
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Replying to: bill124 (Apr 16, 2009 5:39 pm)

Mercedes Benz of Honolulu.
aka The Only Game in Town
#130 of 155
Re: Current lease rate [theloungeboy] by bill124
Apr 17, 2009 (5:20 am)
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Replying to: theloungeboy (Apr 16, 2009 9:23 pm)

Makes sense. Thanks again. It at least confirms the 7,000
#131 of 155
Re: leasing 09' clk350 [broadway03] by alh5
Apr 25, 2009 (3:04 am)
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Replying to: broadway03 (Apr 16, 2009 9:51 am)

I know how you feel. I called dealer in so. florida and they told me some crazy numbers like 5500 down and no rebate... the process is no fun. Thanks for letting me know what you find out. I have the exact question.
#132 of 155
Re: Current lease rate [fourizonly007] by Car_man HOST
Apr 30, 2009 (2:28 am)
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Replying to: fourizonly007 (Apr 12, 2009 6:06 am)

Congratulations on getting your new CLK, fourizonly007. I'm glad that I was able to help you out. Thanks for taking the time to share the details of your lease with everyone. If you'd like you can tell others about your recent dealer experience as well by hopping on over to the Dealer Ratings & Reviews section of Edmunds.com.
 
Enjoy your new ride, I know that I would .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#133 of 155
Re: Current lease rate [theloungeboy] by Car_man HOST
Apr 30, 2009 (2:30 am)
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Replying to: theloungeboy (Apr 15, 2009 3:34 pm)

Thanks theloungeboy. Mercedes-Benz Finance's current residual value for a 36 month lease of a 2009 CLK350 Coupe with 15,000 miles per year is 44%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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