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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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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.
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Replying to: mpdreamer (Feb 25, 2007 11:34 pm) |
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Thanks but I decided to go with a 2006 fully loaded BMW 330 convertible as it was much less expensive ($0 down and $550/mo.)
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Replying to: mbrill (Mar 28, 2007 7:20 am) Thoughts? |
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| Dear Carman, I want this in Mars red. There is one available that the dealer can get for me. He has quoted MSRP - 51,000, Customer price - 48,615 , lease end value 28,000/- monthly 572/-. I am not sure how loaded the car is but there is only one available nationwide that fits the color criterion. This price included 3500/- discount that MB is giving for leasing. You think this is a good deal ?? Very little experience with leasing, please help!! | |
What is the mileage difference, I am not the one for speed, and cannot because the car is for in city drive only. Is the difference significant enough for me to choose one vs other(considering high gas prices and oil crisis, I feel guilty of buying a gas guzzler 500).
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Replying to: poonams (Jun 10, 2007 1:05 pm) |
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| As of July 15th 2007, Mercedes Benz is submitting new rates, due to the unpopularity of their July rates. | |
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