Sign In Join



Mercedes-Benz M-Class Lease Questions

293 messages,  Last post on Oct 04, 2008 at 10:16 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mercedes-Benz M-Class, Car Leasing, SUV


Messages Page 19 of 30
1
...
16
17
18
19
20
21
22
...
30
Prev
Next
Last
Go To Msg #
Search This Discussion

#181 of 293
Re: Please give me your feedback on this deal offered to me [ocautoseeker] by razor1973
Dec 28, 2007 (10:34 pm)
Reply

Replying to: ocautoseeker (Dec 28, 2007 9:02 pm)

ocautoseeker, thanks for your feedback. I am in Miami, FL and we do have that $1,000 lease cash incentive, but I'm pretty sure they are already factoring this incentive in when they give me that selling price... or so they will claim when I mention the incentive.
 
It's good to know MBC is offering a .00022 MF, but I feel once I mention this to them too they will once again tell me they're lowering their selling price too much to not make a profit somewhere; the MF in this case.
 
I will, however, use both of these factors when negotiating again tomorrow.
 
Thank you again and any further advise will be appreciated.
#182 of 293
Re: Please give me your feedback on this deal offered to me [razor1973] by ocautoseeker
Dec 29, 2007 (2:53 am)
Reply

Replying to: razor1973 (Dec 28, 2007 10:34 pm)

Unless you need the vehicle tomorrow, be aggressive and be willing to walk! You don't have to be rude to them, just let them know that you've done your preparation and you're aware of what the market will bear for this vehicle. With the lease incentive, they should cap the cost on this vehicle between $500-$1000 below invoice. Plus, if you have good-excellent credit, there is no reason they shouldn't allow you the buy rate of .00220.
 
Car dealers will always get you talking about their "profits", try to stay away from that topic and focus on structuring the deal that you know you can get, especially with this being the last week of the calender year. Right now, more than ever for the dealers, it's about units sold at the end of the month, not how much profit, as the majority of their bonus' are based on volume.
 
If you're happy with the price they quoted you and it's in your budget, then there's no need to negotiate any further. However, I believe there's more room on the front-end and a few basis points in the rate that you could use to your advantage.
 
One last piece of advice... try to avoid a busy showroom on the weekends. If management sees lot's of potential customers, they become very optimistic, and thus if one deal falls through, they believe another can be sealed. The opposite applies on a Tues or Wed afternoon when you're the only one who has set foot inside their helm.
 
I wish you luck!
#183 of 293
Re: Please give me your feedback on this deal offered to me [ocautoseeker] by razor1973
Dec 29, 2007 (9:09 am)
Reply

Replying to: ocautoseeker (Dec 29, 2007 2:53 am)

ocautoseeker, thanks again.
 
Last night, I wrote to another dealership and asked them to beat the deal. The deal was $679 after taxes, remember? I just woke up to find an e-mail saying $660 including tax. I thanked her for the offer and asked her to do better, i.e. sell at invoice, apply the $1,000 cash incentive and give me 64% residual and a .0022 money factor, MBC's latest. I mentioned that all I need is a yes and the deal will go through today. I am now waiting for her reply. If she can do this, we'll be talking about a $578 base or $618 after taxes. Quite a difference! Not to mention the first dealer's initial offer was $1,500 off MSRP and a .003 factor, i.e. $788 after taxes! The profits these people make!
 
I will follow your advise once again and, if the answer is a no, I may wait until Monday, although that's pushing it, since that's the last business day of the month.
#184 of 293
Re: Please give me your feedback on this deal offered to me [razor1973] by razor1973
Dec 29, 2007 (10:43 am)
Reply

Replying to: razor1973 (Dec 29, 2007 9:09 am)

OK, so the final deal came down to $598 base, $640 after taxes. Which is a far cry from their final offer of $780 after taxes. Picking up the car tomorrow.
 
Thanks for your advise!
#185 of 293
Re: Please give me your feedback on this deal offered to me [razor1973] by tzay
Dec 29, 2007 (11:44 am)
Reply

Replying to: razor1973 (Dec 29, 2007 10:43 am)

what was the MSRP and final negotiated price? Did you do a 33 or 48 month lease? Can you tell me the name of the dealer.
 
I am interested in doing a 33 OR 48 month lease on a 08 ML350 which has an MSRP of $52,705.
Thanks,
 
Tom Zay
#186 of 293
Re: Please give me your feedback on this deal offered to me [tzay] by razor1973
Dec 29, 2007 (3:38 pm)
Reply

Replying to: tzay (Dec 29, 2007 11:44 am)

Tom, look at the previous posts. All the data you ask for is there, except for the dealer. The first one was Bill Ussery in Coral Gables. The one where I am getting this is Mercedes-Benz of Ft. Lauderdale. I can recommend you someone in both places if you want; people I have been working with for a while.
#187 of 293
Re: Please give me your feedback on this deal offered to me [razor1973] by ocautoseeker
Dec 29, 2007 (4:50 pm)
Reply

Replying to: razor1973 (Dec 29, 2007 9:09 am)

Good job! Just like that... you saved another $1200 over the the life of the lease.
 
Congrats!
#188 of 293
overwhelmed by novice101
Jan 18, 2008 (6:14 pm)
Reply
does this sound like a good deal...ml350 loaded (nav, heated seats, dvd...) no money down, $819 per month. 33 month lease 15k.
thank you.
#189 of 293
Re: overwhelmed [novice101] by ocautoseeker
Jan 18, 2008 (7:41 pm)
Reply

Replying to: novice101 (Jan 18, 2008 6:14 pm)

How much is the car (MSRP) and what are they capping the cost at?
#190 of 293
Re: overwhelmed [ocautoseeker] by novice101
Jan 19, 2008 (9:18 am)
Reply

Replying to: ocautoseeker (Jan 18, 2008 7:41 pm)

52900. i feel dumb even asking because you are all so knowledgeable, but what does the cap price mean? do i ask the dealer this? again, thanks.

Messages Page 19 of 30
1
...
16
17
18
19
20
21
22
...
30
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement