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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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#28 of 155
Lease Questions - CLK 350 / 550 by moleary
Aug 21, 2006 (8:36 am)
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Car_Man / KYFDX / or anyone else: Thanks in advance for any help you can provide with my question!
 
About six months ago I started shopping for a new CLK to replace my wife's SLK (end of a lease). At the time it appeared that MB was not offering any lease support or decent money factors on the cars and rather than get into what I considered a "bad lease" we extended her current lease by 9 months to get us into the 4th quarter when we understood MB would start loosening the purse strings.
 
I thought I would start looking now to see which direction the trend was going...
 
My questions are:
 
What are the residuals and money factors on a 39/39 month lease (12,000 miles per year) for the CLK 350 and 500 respectively.
 
Is there a "sweet spot" with either model in terms of length of the lease or mileage allowance?
 
Should we wait until October or November to start working the new deal?
 
Thanks again!
 
Michael
#29 of 155
Lease for CLK 500 8 cyl by lmm
Aug 31, 2006 (1:55 pm)
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MSRP: 67700:
Negotiated price: 62800
Money factor: .0042
Residual: 43350
Term: 39 months
1095 first month payment and tax
No security or down payment
 
GOOD DEAL OR NO??
 
thanks.
#30 of 155
Re: Lease for CLK 500 8 cyl [lmm] by moleary
Sep 05, 2006 (7:59 am)
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Replying to: lmm (Aug 31, 2006 1:55 pm)

That money factor works out to be over 10% interest - I don't know if that is normal for MB leases at this point, but I do know that it is HIGH!
#31 of 155
Current Money Factor/Residual vs End of Year by mrk1975
Sep 27, 2006 (7:02 am)
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I recently spoke to a MB dealer regarding the CLK350 and I was told that rather then leasing now, if I could wait for one month MB would have better lease deals on the car in the beginning of November. Can anyone tell me if this is true? Would anyone be able to tell me what the money factor/residual will be then vs now on a 3yr/12K mile lease?
#32 of 155
October 2006 Residual/Money Factor by mrk1975
Oct 02, 2006 (10:50 am)
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Carman/Anyone,
Does anyone know the residual percentage/money factor for the CLK350 coupe for either 2 or 3 yr lease with 12K/15K miles for October 2006? Can anyone tell me what they were for Nov. 2005?
 
Thanks in advance,
mrk1975
#33 of 155
Re: October 2006 Residual/Money Factor [mrk1975] by billmv
Oct 03, 2006 (9:20 pm)
Reply

Replying to: mrk1975 (Oct 02, 2006 10:50 am)

Try this forum. Or just call a few dealers. Usually the 15,000 mile figure is 2% lower than the 12,000 mile number. So get the 12k percentage for both 24 months and 36 months and you should have it. I think the MF is high, though. Like .00345.
 
Or you could call the Automotive Lease Guide folks in Santa Barbara, CA and ask them for historical data.
 
http://forums.roadfly.com/forums/financing/
#34 of 155
Re: October 2006 Residual/Money Factor [billmv] by mrk1975
Oct 04, 2006 (10:59 am)
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Replying to: billmv (Oct 03, 2006 9:20 pm)

Thanks billmv!
Actually, i spoke to a MB dealer yesterday (10/3/06). He informed me that the Oct lease #'s had just come out. For a 27 month/10K mile lease the money factor was .00155 and residual was 67%, i think. I wrote the numbers down yesterday and i think i've remembered them correctly, however, i'll confirm it when i go home tonight.
 
Hope that helps everyone!
#35 of 155
leasing a 2007 CLK cab. by limardi
Oct 07, 2006 (7:07 am)
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Hi Car Man,
 
I am looking into leasing a 07 clk cab. in December. a dealer told me MB usually has an incentive program in Dec., sounds to good to be true. Is this true?
 
what can I expect the residual and money rate to be on 12-15m miles 36-39 mo. lease.
 
thanks
#36 of 155
CLK 350 Cab by kapadia
Oct 16, 2006 (6:15 am)
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Hi Car Man,
I am planning to lease CLK 350 Cab in 1-2 weeks. Please let me know what should I look in lease? Is there any incentives in next few weeks or months? Howmuch should I pay for 27 months lease with 4000 down or 8000 down? Please let me know with best deal prices and How should I negotiate? For 10K and 12K lease
#37 of 155
Re: CLK 350 Cab [kapadia] by kapadia
Oct 16, 2006 (12:36 pm)
Reply

Replying to: kapadia (Oct 16, 2006 6:15 am)

I have not heard anything from you yet. let me know ASAP.

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