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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: tristanhunt (Aug 08, 2006 12:12 am)
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Replying to: juice1220 (Aug 08, 2006 5:08 am) Do I assume downside risk, say the car is worth less than the balloon payment and I want to turn it in, do I have any obligation to pay the difference between the balloon payment and the determined market value? (Aside from any disposition fees) Because the car is titled in my name (or ostensibly in the name of my business), do I get to write down the whole monthly payment less inclusions or do i have to write down depreciation? Since I'm only financing and paying for the amount used, is it still a lease as far as the IRS is concerned? |
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| My dealership is suddenly offering $1,000 over invoice and buy rate (currently 00375)for a lease. This seems to be a good deal...? Dealer claims it's just because times are tough, but does anyone know if something different is planned for the 08 model years? Does this sound like a good deal? | |
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Does MB offer leases on used S500s? Does MB extend original warranty for the duration of the lease? How much should i expect to pay for 2004 S500 on a 0 down 36 months 10K miles lease? Thank you |
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I want to lease a 2007 S550 and understand that a number of leasing companies offer prices that are lower than MB leasing. Has anyone had any experience with these companies?
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I was looking at 05-06 cpo S classes and trying to make the math work out. Some help please? I usually lease but CPOs don't lease out well. So, if one were comparing a 60 K 5 series or E Class, the lease would be around 900 per month tax in the payment for 36 months and 15,000 miles per year. You'd have to finance the 55-60 K CPO car, pay all of the tax (not just on your payments) and probably put in some service money (new tires? brakes- not a certainty but should be budgeted). So let's est monthly payments at about 1700 per month with interest. At the end of the 3 years (without service) you paid in about 29 K more than for the lease and you have a 5 year old car that's probably worth maybe 30K? So if my numbers are close and please correct if not, you would wash out but you would have the risk that the car could be worth less and you would most likely have had to put in 1-2K for repairs of wear items not covered by the cpo warranty. So I'm guessing that to buy the 60K cpo S class is a more expensive prop than to lease a new 60K E class. I would welcome and clarification and correction. If so, then, cpo selling and leasing needs to change a bit for me to take part.
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Replying to: markwhoeman (Feb 23, 2007 9:15 am) |
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Replying to: topspin628 (Jun 28, 2007 11:26 am)
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Replying to: juice1220 (Jun 29, 2007 6:46 pm)
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Replying to: topspin628 (Jun 29, 2007 7:09 pm)
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