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Mercedes-Benz S-Class Lease Questions

134 messages,  Last post on Sep 30, 2009 at 8:43 AM

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What is this discussion about? Mercedes-Benz S-Class, Car Leasing, Sedan

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#14 of 134 Re: Mercedes-Benz S-Class: Lease Questions [ffcobra] by Car_man HOST Jan 10, 2006 (3:36 am)
Replying to: ffcobra (Jan 04, 2006 11:19 pm) Congratulations, Bill! I know the feeling about having to switch cars when a new arrival comes. When I had my son, I switched from a coupe with a manual transmission to a sedan with an automatic .   You're in luck, Mercedes-Benz is still providing $10,000 dealer cash on the 2006 S500 Sedan in January. If I was in the market for one though, I personally would probably lean towards financing it through leasing it through an independent bank or credit union because Mercedes-Benz is not currently providing any sort of lease money factor support on it.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: rayng (Jan 12, 2006 3:10 pm) Car_man (Feb 20, 2006 3:24 am) rayng (Feb 21, 2006 6:16 pm)
#15 of 134 Re: Mercedes-Benz S-Class: Lease Questions [Car_man] by rayng Jan 12, 2006 (3:10 pm)
Replying to: Car_man (Jan 10, 2006 3:36 am) Thanks, Car_man for the discount info on the '06 S500. Any idea which Southern California dealerships are good to work with? From what I've heard from other posters, I'm leary of going to Rusnak. Hey Bill, check out the $17k discount off an '06 S500 from carsdirect. I'm sure an dealer should probably beat that price. Replies to this message: Car_man (Feb 20, 2006 3:24 am) rayng (Feb 21, 2006 6:16 pm)
#16 of 134 Leasing a 2007 S550... help! by jadmiral Feb 11, 2006 (11:25 am)
I've got an order down on an S550, and should arrive within 3 months. Here are my questions:   I understand that newly-intro'd models typically have some sort of incentive or special lease rate. What can I expect to pay? The car will be sold at MSRP, so I know what the cost will be.   What would the typical residual value be, percentage-wise?   If the dealer gets the car I ordered, and they try to gouge me with a really high money factor or low residual value, what are my options if I walk? Will they then sell/trade the car to another dealer that I CAN strike a deal with? I don't want them to think they have me over a barrel since they'll have the exact car that I want.   Thanks for your help! Replies to this message: Car_man (Feb 20, 2006 3:30 am)
#17 of 134 Re: Mercedes-Benz S-Class: Lease Questions [rayng] by Car_man HOST Feb 20, 2006 (3:24 am)
Replying to: rayng (Jan 12, 2006 3:10 pm) No problem, rayng. I am not personally familiar with which dealerships are and are ont good in your area. Sorry.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: rayng (Feb 21, 2006 6:16 pm)
#18 of 134 Re: Leasing a 2007 S550... help! [jadmiral] by Car_man HOST Feb 20, 2006 (3:30 am)
Replying to: jadmiral (Feb 11, 2006 11:25 am) Hi jadmiral. I'm not sure where you heard that brand new models usually have some sort of incentives available on them, but the opposite is usually true. Manufacturers want to ride brand new or redesigned models without any support for as long as possible. Similarly, dealers are much less willing to provide substantial discounts on brand new models. Consumers who want to be the first on the block to have a new vehicle have to pay extra.   I'd be happy to give you an idea of what you will have to pay to lease this car, but Mercedes-Benz has not published a lease program for it yet. Most manufacturers do not publish their money factors and residual values for vehicles until right before they are scheduled to arrive on dealer lots. I may be able to give you an idea of what this car's lease program is like if you check back with me right before you are scheduled to take delivery of it.   The dealer that you ordered your car from cannot force you to take delivery of it if you are not satisfied with your deal. However, if back out of a deal on an ordered vehicle you will likely have a hard time getting any sort of deposit that you made back, even if it was supposedly fully refundable. It is a lot easier to get your money back if you made it with a credit card because you can always dispute the charge. They probably will not let you back out of a deal with them and trade your vehicle to another dealer that you can work with.   Car_man Host Smart Shopper / Prices Paid Forums
#19 of 134 Re: Mercedes-Benz S-Class: Lease Questions [Car_man] by rayng Feb 21, 2006 (6:16 pm)
Replying to: Car_man (Feb 20, 2006 3:24 am) Last week, I accompanied a friend to pickup an '06 s350 for roughly $13k off MSRP at Penske. After purchasing 2 Lexuses and one Bimmer, I have to say I'm not impressed by the professionalism and lack of honesty of local MBZ dealers.   By the way, the lowest price I received is $57500 otd with cd at downtown.   My question is how will huge discounts on '06s affect risiduals for the '05s or earlier? Doesn't that lower the new s's residuals as well causing high initial lease payments? What were the incentives or discounts like when the w220s first bowed in 6 years ago?
#20 of 134 2007 S550 Residual / Money Factor by domain123 May 31, 2006 (8:16 am)
Just stopped by a dealership yesterday to get some ballpark pricing on a new S550. The MC Credit residual offered was 61% however the money factor calculated to a 9+ percent interest rate!   Does this sound right or should I be looking for better residuals / money factors? Replies to this message: Car_man (Jun 21, 2006 1:56 am) juice1220 (Jun 24, 2006 9:05 am) bmwcrzr (Jul 10, 2007 2:38 pm) topspin628 (Jul 10, 2007 4:03 pm) mbcarbuyer (Jul 20, 2007 9:50 am) juice1220 (Jul 20, 2007 10:10 am) and 17 more...
#21 of 134 Re: 2007 S550 Residual / Money Factor [domain123] by Car_man HOST Jun 21, 2006 (1:56 am)
Replying to: domain123 (May 31, 2006 8:16 am) Hi domain123. Mercedes-Benz's lease program on the 2007 S550 is pretty bad right now. It is not currently providing any sort of money factor support on this car. As a result, if you were to lease one through Mercedes-Benz Credit right now, you would have to use its standard lease program. The last time that I saw it, MBC's buy rate standard lease money factor for a 36 month lease was .00380. As you mentioned, this is equivalent to an interest rate of around 9.12%! You might be able to do a little better than this by leasing through an independent bank, but I personally would not lease this car right now.   Car_man Host Prices Paid Forums Replies to this message: juice1220 (Jun 24, 2006 9:05 am)
#22 of 134 Re: 2007 S550 Residual / Money Factor [Car_man] by juice1220 Jun 24, 2006 (9:05 am)
Replying to: Car_man (Jun 21, 2006 1:56 am) You are actually a little off on the money factor. But your close. And dont forget an independant bank may give you a better money factor, but a worse residual, and the 2 go hand in hand to the final number that the customer will pay.
#23 of 134 S-class pricing by juice1220 Jun 24, 2006 (9:25 am)
There is also one key subject that everyone forgets to keep in mind. The basic rule of retail. Supply and demand. With the new 4 matic s class coming out, dealers are going to make as much as they can on the vehicle and the reserve, becuase if you want to be the first have one, that is the price. If you want a deal, you will have to wait until the vehicle is no longer "hot", and get one when it is just average. This rule not only applies to vehicles, but everything in the retail industry, from video games, to home appliances, and even in the clothing industy. Thank you and enjoy.

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