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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: 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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Replying to: danf1 (Feb 12, 2008 10:00 am) So what do you think is a good lease rate given the 3000 dollar cash incentive for a 39 month lease with taxes included, of course...(and i do have the current lease through MBF so it will apply, which is nice). Any help would really be appreciated, thanks Danf1 and Eight38 O, and you know whats really ridiculous...I requested a quote on some various MB dealer websites and some responded via voicemail...so i called them back and 2 out of the 3 did not want to discuss prices or really anything over the phone. They just wanted me to come in. What is the point of an online quote request if they are going to be so pushy to come in. I know exactly what I want, all the options, everything, but they won't discuss anything over the phone...The only dealer that was very upfront with everything was a dealer that was out of state. What do you guys think about buying/leasing through an out of state dealer (what is the best way of getting the vehicle...besides flying there to pick it up)...thanks again guys. sorry for all the questions, i just don't want to be ripped off and you guys are very knowledgeable. thanks
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