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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
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Replying to: daryll44 (Oct 06, 2007 2:12 am)
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Replying to: topspin628 (Oct 22, 2007 9:28 am) |
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I am interested in getting some perspectives on a lease for a 2008 MB S550 4Matic. The MSRP of the car is $98, 950, and has the premium III package. The lease specifics are: 39 month lease with 15K per year, with a MF of 3.00, and a $5k down payment. The residual is $49, 801. The monthly payment works out to be $1,695 per month (in NJ). Is this a good deal? Thanks for the help!
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Hi all, I have read through the entire S 550 lease forum, and didn't find the answer I was looking for. I thought I'd help out some fellow edmunds people, give back to the community a little  Equipped with the best info I could arm myself with, I went in with my friend yesterday to acquire a S550 in southern california. I went with him because I have helped numerous friends negotiate for their vehicles before, so I was confident I could negotiate a better price versus him going at it alone. The car was a 2008 S550, priced at $99000. The lease was agreed at $5000 drive off, $1538/month (tax included for both numbers) for 39 month (38 payments total since drive off included first month's payment), 10000 miles a year. Again, $5000 included the first month's payment. It could have been negotiated at 1528/month if his fico was a bit higher. I hope this information helps out some of you looking for a similar car. We negotiated $7500 off MSRP by the way. Nice car, but I am more of a CL550 fan due to the more expansive (center console all wood) and exquisite wood trim the CL550 possesses. I definitely had fun though, negotiating is pure excitement if you look at it like a game : ) Happy hunting!
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Replying to: gmannj (Dec 12, 2007 10:22 am) Kind of a late reply here... but if you're still in the market for an '08 S550 4-matic, the January lease rate and residual is as follows: 36 mo/15k - 50% / .00355 (8.52%) MBC doesn't have anything great on these right now. You might consider a different bank. |
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Replying to: topgun7 (Oct 05, 2007 10:39 pm) Still looking. The car I'm looking for: -08 S550 Iridium Silver - P2 - rear view camera - AMG Package - Rear power sun shade and side shades - leather/wood steering Quote: $98k MSRP. What should I really pay for this car? Someone here earlier said that they got $7500 off MSRP. I was under the impression that you always negotiate from the inv. price up, not from the MSRP down. |
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Hey guys, im new to this board, but i'd just like to say that I appreciate everyone for their help...this seems like a great forum. My question is on what I should be paying for a lease on a 2008 S550 4Matic. I want it with Premium Package 2, and with the bluetooth option. Based on MB's website the price comes out to $95,175. I was thinking about getting a 48month, 10,000 mile/month lease...Any help would be greatly appreciated. Thanks |
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Replying to: blackmamba24 (Feb 12, 2008 7:12 am)
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Replying to: eights38 (Feb 12, 2008 7:44 am) I'm in Michigan...thanks. I'm thinking about contacting local dealers, but I wanted to have some background information before I do that. I currently drive a 2004 S500 4matic and my lease is ending soon. I'm looking to lease within the next 2 months. Any help would be greatly appreciated. Thanks.
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Replying to: blackmamba24 (Feb 12, 2008 8:29 am)
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