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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

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


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#83 of 134
Re: 2008 S550 [gmannj] by ocautoseeker
Jan 15, 2008 (1:38 am)
Reply

Replying to: gmannj (Dec 12, 2007 10:22 am)

gmanni,
 
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.
#84 of 134
Re: Is this a S class lease forum? [topgun7] by jeffparker
Jan 17, 2008 (10:35 pm)
Reply

Replying to: topgun7 (Oct 05, 2007 10:39 pm)

Thanks! I was thinking the same thing. I'm here looking to buy a new 08 S550 and am trying to figure out what a good deal means.....
 
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.
#85 of 134
2008 MB S550 4matic by blackmamba24
Feb 12, 2008 (7:12 am)
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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
#86 of 134
Re: 2008 MB S550 4matic [blackmamba24] by eights38
Feb 12, 2008 (7:44 am)
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Replying to: blackmamba24 (Feb 12, 2008 7:12 am)

blackmamba24 - Beautiful car! Where are you located?
#87 of 134
Re: 2008 MB S550 4matic [eights38] by blackmamba24
Feb 12, 2008 (8:29 am)
Reply

Replying to: eights38 (Feb 12, 2008 7:44 am)

Hi Eights38,
 
            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.
#88 of 134
Re: 2008 MB S550 4matic [blackmamba24] by danf1
Feb 12, 2008 (10:00 am)
Reply

Replying to: blackmamba24 (Feb 12, 2008 8:29 am)

you should qualify for a $3,000 lease loyalty cash incentive if your current lease is through MBF. 39 months is the best term on that car now. If you want longer term do 51 months. The residual is the same as it s for 48 (39%).
#89 of 134
Re: 2008 MB S550 4matic [danf1] by blackmamba24
Feb 12, 2008 (10:54 am)
Reply

Replying to: danf1 (Feb 12, 2008 10:00 am)

Sounds good...thanks Danf1
 
          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
#90 of 134
Re: 2008 MB S550 4matic [blackmamba24] by danf1
Feb 12, 2008 (11:34 am)
Reply

Replying to: blackmamba24 (Feb 12, 2008 10:54 am)

I would guess you will probably be around $1500/month plus tax. It depends upon how good of a sale price you can work out. Can't really tell you what taxes are where you live, so you'll have to do the math on that one.
#91 of 134
Re: 2008 MB S550 4matic [blackmamba24] by ocautoseeker
Feb 14, 2008 (10:37 pm)
Reply

Replying to: blackmamba24 (Feb 12, 2008 7:12 am)

Here are MBC's current lease numbers...
 
2008 Mercedes S550 4matic Sedan
24 Month – Residual 62% of MSRP – .00365
36 Month – Residual 53% of MSRP – .00330
48 Month – Residual 42% of MSRP – .00330
60 Month – Residual 37% of MSRP – .00330
 
Numbers assume 10k annual miles.
 
As you can see, MBC has crummy rates on this model right now. You might try leasecompare.com or your local bank or credit union as an alternative.
#92 of 134
Re: 2008 MB S550 4matic [ocautoseeker] by gmannj
Feb 15, 2008 (4:23 am)
Reply

Replying to: ocautoseeker (Feb 14, 2008 10:37 pm)

Thank you- this is helpful!

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