Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
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
|
|
|---|---|
|
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 |
|
|
Replying to: blackmamba24 (Feb 12, 2008 7:12 am)
|
|
|
|
|
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.
|
|
|
Replying to: blackmamba24 (Feb 12, 2008 8:29 am)
|
|
|
|
|
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
|
|
|
Replying to: blackmamba24 (Feb 12, 2008 10:54 am) |
|
|
|
|
Replying to: blackmamba24 (Feb 12, 2008 7:12 am) 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.
|
|
|
Replying to: ocautoseeker (Feb 14, 2008 10:37 pm)
|
|
|
|
|
Replying to: gmannj (Feb 15, 2008 4:23 am) -Just the price out the door that you think i should be aiming for paying straight up cash...i've decided that financing through my own bank is better than MBF, but ive decided that buying versus leasing makes the most sense for me currently... Any help on a target price would be greatly appreciated...i know the whole between dealer invoice and msrp target...but i also know there are hidden extras and all that stuff...regardless, im not looking to get the car free or anything but im not into getting ripped off, which i know i did in 2000 when i leased my other S Class...then was able to get a pretty good deal on my lease in 2004 for an S Class...but now im looking to buy so i haven't really been too concerned with price in the past...help me out, please...thanks |
|
|
|
|
Can someone explain something to me... For example, if the msrp of a particular S Class was $95,500 and the residual after 39 months was around 50% (according to the info above) and the dealer invoice is somewhere around 89,500, then why is the lease around 1500 a month plus around 5000 down...i just don't understand this... That means that after i have taken this car for 39 months, i have paid around 63,500 (including the 5000 down) and when i return the car back to the dealership, the car is still worth around 47750...that means that the car should have been worth around 111,250. (63,500+47,750). Why isn't the lease per month more along the line of 1250-1300...thats a total ripoff...am i missing something? Even if the lease per month was 1300 with nothing down for 39 months...i still play around 50,700 (the residual is still 47750) and the apparent total worth of the car would have been 98,450...thats still about 10,000 over dealer cost...what gives?
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Mercedes-Benz S-Class Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Mercedes-Benz S-Class
Browse by Board
Browse by Topic
Today's Chats
