Last post on May 23, 2013 at 7:07 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Mercedes-Benz S-Class, Car Leasing, Sedan
#108 of 196 Re: [juice1220]
Sep 10, 2008 (8:16 pm)
OK, let's take a specific example. Back in 2006, I bought my dad a 750Li. The MSRP was slighly over $93k. I just built the same model on bmwusa.com and it came out to slightly over $90k. Bake in the inflation, it went down a lot. Which MSRP are you referring to? I'd like to see specific figures. I live in California. The only area S550s are selling well is probably NYC. Not to worry, soon enough those investment bankers will be trading them in to help the balance sheet 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
#109 of 196 Re: [skrontz]
Sep 10, 2008 (8:52 pm)
BMW's number one market is the US. Not europe. Audi's number one market is Europe. You can see their lease rates are not good compared to BMW. I was told by a BMW dealer that Audi A6 sells more in Germany and in europe than the BMW 5 series.
#111 of 196 Re: [juice1220]
Sep 13, 2008 (10:50 pm)
So what? Didn't find anything on the supposed MSRP increases you mentioned. I can post any rumors I want in my blog, too. One needs to look at the facts, not rumors.
Sep 15, 2008 (10:02 am)
These are not rumors in a blog. Being in the car business, we sometimes have info that maybe the general public doesn't have. Just maybe for once you can listen instead of trying to be right all the time. I dont know what you do for a living and dont know the ins and outs of your business, but I am glad you know everything that pertains to mine. I just hope you dont work for Lehman Brothers, but if you did, it would explain alot. At least one of us does. You are right, I am just a dummy manager in the car business, and really know nothing about what I do. I hope all your car buying needs in the future are wonderful, and may you get all your cars from now on at triple net. Enjoy !
#113 of 196 Acquisition Fee
Sep 18, 2008 (3:35 pm)
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?
#114 of 196 Re: Acquisition Fee [paotron]
Sep 18, 2008 (3:50 pm)
paotron - Each bank charges a different acquisition fee - Mercedes charges $795.
#115 of 196 S550 in Texas Lease or Finance?
Sep 22, 2008 (7:52 pm)
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:
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)
$1200 per month
Money factor 0.00219
Finance purchase from dealer:
$1330 per month
#116 of 196 Re: [skrontz]
Sep 28, 2008 (1:44 am)
I heard from 2 DEALERS today that MBUSA is going to increase the MSRP on all cars and SUVS by 5% starting October. Invoice will also be increased by 5% as well. They said this is due to the $ going down due to the economy. Has anyone heard this? Since 2 dealers are saying this I figured this is true.
#117 of 196 Re: S550 in Texas Lease or Finance? [decissions08]
Sep 28, 2008 (1:46 am)
What is this lease company?