- #184 of 242
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Re: Please give me your feedback on this deal offered to me [razor1973]
by razor1973
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Dec 29, 2007 (10:43 am)
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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!
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- #185 of 242
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Re: Please give me your feedback on this deal offered to me [razor1973]
by tzay
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Dec 29, 2007 (11:44 am)
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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
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- #186 of 242
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Re: Please give me your feedback on this deal offered to me [tzay]
by razor1973
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Dec 29, 2007 (3:38 pm)
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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.
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- #187 of 242
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Re: Please give me your feedback on this deal offered to me [razor1973]
by ocautoseeker
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Dec 29, 2007 (4:50 pm)
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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!
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- #188 of 242
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overwhelmed
by novice101
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Jan 18, 2008 (6:14 pm)
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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.
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- #189 of 242
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Re: overwhelmed [novice101]
by ocautoseeker
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Jan 18, 2008 (7:41 pm)
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Replying to: novice101 (Jan 18, 2008 6:14 pm)
How much is the car (MSRP) and what are they capping the cost at?
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- #190 of 242
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Re: overwhelmed [ocautoseeker]
by novice101
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Jan 19, 2008 (9:18 am)
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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.
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- #191 of 242
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Re: overwhelmed [novice101]
by ocautoseeker
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Jan 20, 2008 (1:40 am)
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Replying to: novice101 (Jan 19, 2008 9:18 am)
Dont' feel dumb. There are all sorts of different terms when leasing rather than buying. The cap cost is simply the agreed upon selling price. To simplify... you say the MSRP is $52,900, so if they decide to lease it too you for $48,900, that would be the cap cost. If you were buying, it would be called the selling price or cash price.
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- #192 of 242
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Re: overwhelmed [novice101]
by ocautoseeker
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Jan 20, 2008 (2:33 am)
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Replying to: novice101 (Jan 19, 2008 9:18 am)
This is the deal I'd shoot for based on your numbers:
MSRP: $52,900
Cap Cost: $47,900 (includes $2000 lease incentive cash)
Residual: 58% (15k-mi/yr)
Money Factor: .00210 (5.04%)
33mo/15k = $687/mo + tax
Amount due at signing will include: 1st mo payment ($687+ tax), license and registration, doc fee, acquisition fee ($795). Should be roughly $2k to drive out, unless you want to cap the acq.fee into the lease.
Good luck!
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- #193 of 242
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Re: overwhelmed [ocautoseeker]
by novice101
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Jan 20, 2008 (11:39 am)
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Replying to: ocautoseeker (Jan 20, 2008 2:33 am)
cap: $48,900. she said that the $819 would include everything rolled in. also said that all we have to pay at signing is $819. what are your thoughts on that?
p.s. thank you again for taking the time to help.
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