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Mercedes-Benz CLK-Class Lease Questions

155 messages,  Last post on Oct 28, 2009 at 2:19 AM

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

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#34 of 155 Re: October 2006 Residual/Money Factor [billmv] by mrk1975 Oct 04, 2006 (10:59 am)
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)
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 Replies to this message: mbrill (Mar 28, 2007 7:20 am) bknyc (Mar 29, 2007 2:28 pm)
#36 of 155 CLK 350 Cab by kapadia Oct 16, 2006 (6:15 am)
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 Replies to this message: kapadia (Oct 16, 2006 12:36 pm)
#37 of 155 Re: CLK 350 Cab [kapadia] by kapadia Oct 16, 2006 (12:36 pm)
Replying to: kapadia (Oct 16, 2006 6:15 am) I have not heard anything from you yet. let me know ASAP.
#38 of 155 CLK 350 Lease by marcsweda Oct 30, 2006 (2:36 pm)
Looking at subleasing a 2006 CLK 350, fully loaded 3000 mile on the car. It was originally a 36 month lease, I would take over for 29 months. The lease was for 15k per year. They are looking for 3500 down and 483 per month. Is that a good deal? Replies to this message: billmv (Nov 04, 2006 10:49 pm)
#39 of 155 Re: CLK 350 Lease [marcsweda] by billmv Nov 04, 2006 (10:49 pm)
Replying to: marcsweda (Oct 30, 2006 2:36 pm) That works out to $604 a month for a lease where you can drive 1448 miles per month, or 17,379 per year. Probably a pretty decent deal, given what it would take to get that from a MB dealer on a new one.
#40 of 155 CLK 350 Convertible Lease by mbrill Nov 17, 2006 (2:39 pm)
I am looking to lease a 2007 CLK 350 convertible. Does anyone know if there are special lease rates on this car? Also, has anyone recently negotiated a 3 year/ 15k mileage lease recently that could post their deal? Replies to this message: kazman1 (Dec 14, 2006 8:35 pm)
#41 of 155 Re: CLK 350 Convertible Lease [mbrill] by kazman1 Dec 14, 2006 (8:35 pm)
Replying to: mbrill (Nov 17, 2006 2:39 pm) I just leased clk 350 conv. 2006, 5k down and 675/month. The only thing missing is nav. I got it at downtown LA motors. see Raj, tell him kaz sent you...good luck...2006 and 2007 are identical. so if your leasing , it should make no difference.
#42 of 155 From a 2003 Toyota Camry LE to a 2007 CLK 350 by blessedcrys Jan 02, 2007 (5:53 pm)
Hi all! I just leased December 26, 2006 to be exact . A 2007 CLK 350, Black on Black with Premium I Package which includes harmon/kardon sound system, 6-disc CD changer, sunroof, autodimming driver & rearview mirror, and garage door opener and I made sure to get the DVD/Navigational system. This car is a dream come true. I have a 27 month lease program and pay $750.00 monthly . I know this sounds like a lot but when you hear the story it's actually a deal. In 2004 I financed a 2003 Toyota Camry LE with 3,000 miles for $24,000 with a car note of $470.75. (I will never finance again if I can help it.) I had no choice because my credit was great but not great enough to lease without a cosigner. Anyway, I went to numerous dealers (Infinity and Mercedes) between 2005 and 2006 to see if I could trade in my car all they wanted to give me was between $5,000 and $7,000 down, with nearly $7,000 to $10,000 out of pocket !!! No WAY!! No matter which way you look at it I would have been in an upside down lease but, it seems like those previous dealers wanted to put me udside down on my head and empty my pockets LITERALY . Nonetheless, I went back to the Mercedes dealer December 21, 2006 with my same 2003 Toyota Camry LE with 32,000 miles and a loan balance of $14,500, it's been in 1 accident and 1 fender bender Both were to the front. The Kelly Blue Book resale value was $11,100 (being in excellent condition). Mercedes gave me $9,500 for it so in all actuality I had a balance of $5,000. Which they put into my current lease. All in all I came out of pocket $5,000 dollars and a car note of $750 vs. coming out of pocket $7,000 to $10,000 with a car note of $800. This was and still is a wonderful experience. They were very fair with me (keep in mind I am a woman, a minority at that) I have no regrets they were honest with me, and did not try to be sneaky or try to rip me off like some car sales men. They were happy for the business, and I was happy for such a great deal, wonderful experience, their honesy, and I'm driving my dream car. It's about what works for you at the end of the day. ***Also when going to the dealer for a lease DO NOT NEGOTIATE on the sale price of the car, you have to NEGOTIATE ON THE MONTHLY PAYMENTS.*** Alot of people do not know this and the dealer will never tell you this. Bacically, weather the car is $40,000, $50,000, or $60,000 it's a lease, you're not keeping the car so why would you negotiate on the selling price?! No, you negotiate on your monthly payments. Doing research on leases taught me this and when I went to inquire about the car and they tried to tell me the car is this price, but they selling it for a certain price I made sure to tell them that "I'm not here to negotiate with the selling price, I'm here to negotiate on the car note of the car, with a trade in." They were beyond shock, and from then on they did not try to BS me in no way. They were as honest as honest can be. Lastly, you are entitled to see a break down of where all monies will be applied, but you have to request it! Good luck and God Bless. Any questions feel free to email me especially women because for some strange reason some car dealers think we have stupid stamped across our heads thats why we need to stick together. crysewenaol.com
#43 of 155 CLK 350/550 Cabriolet Cap Cost Reductions, Residuals and Money Factors by mpdreamer Feb 25, 2007 (11:34 pm)
Car Man or any others with recent relevant information:   I'm evaluating leases on the CLK 350 & 550 Cabriolet. MSRP for the cars I've spec'd out are 61,635K and $70,035, respectively. At MSRP, the dealer makes 7% and 6% over invoice, I think. I'd appreciate information on the following:   1. What is a fair price reduction (off MSRP) for these vehicles? More generally, how much is a "fair" amount for the dealer to make on the sale of either of these vehicles?   2. For a 10K and 12K mileage lease for each vehicle, for 24 and 36 month lease, what are the current residuals? The dealer I visited is quoting 71% and 61% for a 10K lease.   3. For a 10K and 12K mileage lease for each vehicle, for 24 and 36 month lease, what are the current money factors? The dealer is using a .004 factor for a 10K lease.   I very much appreciate your feedback on these questions. Replies to this message: mpdreamer (Feb 27, 2007 8:57 am)

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