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Prices Paid: Buying & Leasing Experiences Mercedes-Benz S-Class Lease Questions
134 messages, Last post on Sep 30, 2009 at 8:43 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: juice1220 (Sep 08, 2008 7:32 am)  Come on, do you really think it costs Mercedes $90k to build a new S550? It's not about transfering the savings to the customer, it's about staying afloat when a Lexus offers twice as many toys at a fraction of the price. As far as BMW selling in Europe, here's a quote for you (you can Google it for the source): "The USA remained the largest single market for BMW and MINI cars in 2007. With a sales volume of 335,840 units (2006: 313,603 units /+7.1%), the BMW Group sold more vehicles there than ever before." We can argue for ages, but somehow I'm the one who keeps getting the facts right
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Replying to: skrontz (Sep 10, 2008 7:16 pm) |
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Replying to: skrontz (Sep 10, 2008 7:16 pm) http://www.bmwblog.com/2008/08/05/bmw-to-increases-prices-cut-production-and-red- uce-the-number-of-leases/ |
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Replying to: juice1220 (Sep 12, 2008 5:14 am) |
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Replying to: skrontz (Sep 13, 2008 9:50 pm) |
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I have just leased a 2008 S550 throuh Mercedes-Benz Financial and they charge me $1095 Acquisition Fee. Does different bank set their own Acquisition Fee?
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Replying to: paotron (Sep 18, 2008 2:35 pm) Matt eights38  gmail.com
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I normally purchase my cars but have been offered an interesting proposal from a large leasing company that gets fleet pricing at a 6.7% discount with a 10K rebate which is 2.7% better discount than what I can do for a cash price. Their trade in offer is $3K better than the dealer. I plan on purchasing the car at the end of the lease so they have proposed a 48 month lease at the same cash outlay as a 60-63 month finance payment totaling $92,000. I plan on taking title to the car. I am concerned that the dealer will not honor service entitlements such as loan cars if it is sold to the leasing company first. Sales tax in TX (6.25%) is paid on the full value of the car at lease commencement, not your monthly payment, and then again on the residual should you purchase at the end of lease. Leasing company says they will offset these with tax credits and thus the value of my trade in becomes $22,500. Hmm? Here is the deal: If I lease with an option to purchase: MSRP $92,720 Less discount & rebate $16,212 Less trade in $16,000 ($6K to be applied to upfront costs, $10K rebate to me) Total Car Price $60,508 Cash back $10,000 6.25% Sales tax to be wavied by offseting tax credits (this is new to me and a concern) 48 months $1200 per month Residual $28,000 Money factor 0.00219 Finance purchase from dealer: 60 month $1330 per month
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Replying to: skrontz (Sep 13, 2008 9:50 pm)
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Replying to: decissions08 (Sep 22, 2008 6:52 pm) |
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