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Mercedes-Benz CLK-Class Lease Questions

105 messages, Last post on May 05, 2008 at 1:16 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: cluvnu (Jan 25, 2008 1:55 pm) 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 As you can see, MBC has excellent lease programs on this vehicle right now. As for the payment you're looking for, I would need to know the MSRP of the exact vehicle you're looking for, then I could give you a more accurate quote. I will say, I do not recommend making a cap cost reduction (down payment) on a lease. I'll give Car_Man credit here as he's said it numerous times that you risk losing that money in the instance that your vehicle is totaled or stolen. You should only pay drive offs... 1st mo, registration, acquisition fee, security deposit (if applicable). * Above rates are based on 10k annual miles. Subtract 2% for 12k miles, subtract 3% for 15k miles. **May vary by region. |
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With P1, Nav, iPod, Sirius, Sports Apperance. MSRP is 53.5k. 27mo lease. Drive off is $2000, monthly is $560+tx. I thought it's a fairly good deal. The Gross Cap. Cost is set at $47051.26. What do you think?
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Replying to: 3toothcat (Mar 16, 2008 6:49 am) Just so I understand what you are saying, what is in the drive off? That's important for figuring out how you got to the 47,051.26. For example, if the $2,000 is fees, first payment, etc., then 6,448 is what they knocked off the msrp which is great (IMHO). Please tell more and also where you are getting this pricing (location and dealer). Bill
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Replying to: bill124 (Mar 17, 2008 8:49 am) This is from House of Imports in LA area. |
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| That is great. So you had them knock of 6K off MSRP. I am in NY (Long Island) and hope to do as well. | |
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Just wanted to see how I did on a recent lease on an MB CLK 350 in the San Francisco Bay Area Monthly payment: $552 plus tax MSRP: $50,910 (P1 pkd and IPod integration) Negotiated price: $45,465.92 Cap Reduction: $1800 Trade-in: $1500 (but, generously, it was worth $750) Total out of pocket: $1500 Residual value: $24,946 Please let me know how I did. I feel like I got a pretty decent deal but still feel I may have left some dollars on the table. Thanks in advance. |
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Good morning car man, or anyone else who knows the answers: I am interested in leasing an 08 mercedes convertible, I am going through the mercedes dealership, Fort Worth Tx ,and will be using mercedes financial. I have been approved for a Tier 2 lease program with a money factor of .00280. After reading many other questions on this topic, I feel like they are giving me a terrible offer. For a 39 month lease with $6000 down 12K miles monthly pymt of $828.00 For a 39 month lease with $1200 down (which includes 1st and fees) 12K miles, monthly pymt of $967 month. MSRP 61,000 Cash price of vehicle (discount) 56505.00 Cap Reduction cost -waiting to hear from dealership Residual cost-waiting to hear from dealership Sales tax 6.25% Please help me!!!! I need advice Also my credit score is 635, they state that to get a tier 2 lease you have to have a 680 score of higher. However, I purchased a 03 clk convertible from same dealership with excellent payment history, so they will bump me to a tier 2. This doesn't sound right!!! Please advise Thank you so much
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Replying to: mpac (Mar 28, 2008 7:48 am) |
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