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Mercedes-Benz R-Class Lease Questions

731 messages,  Last post on May 27, 2009 at 4:32 AM

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What is this discussion about? Mercedes-Benz R-Class, Mercedes-Benz R63 AMG, Car Leasing, Wagon, SUV

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#722 of 731 Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 by tmblweed0429 Mar 14, 2009 (9:46 pm)
Replying to: kyfdx (Feb 06, 2009 5:07 am) kyfdx, you are 100% correct. I am glad to see someone who understands what is going on out there. It amazes me that people think a company like MB Finance doesn't have a right to sell an asset for whatever price they choose. I am sure if nm_socal owned a car, he or she would feel they have a right to put whatever price they wanted on it. Replies to this message: nm_socal (Mar 15, 2009 3:30 am) pinerivergal (Mar 15, 2009 8:31 am)
#723 of 731 Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 [tmblweed0429] by nm_socal Mar 15, 2009 (3:30 am)
Replying to: tmblweed0429 (Mar 14, 2009 9:46 pm) Greetings, everyone. I absolutely agree that being the owner of this car, MB Finance gets to set its price. My contention was from their own angle: why not make more money *AND* have a satisfied customer.   They knew how much they would get for the car, when they sell it directly to a dealer or at an auction. The lease return manager at the local dealership confirmed this: $19,500 - $20,500. So, why not negotiate with me for less than $25.5k, but still a lot more than they'd get anywhere else?   In comparison, the dealer offered to sell me a certified (CPO) 2007 R350, with nearly the same options as mine, and the same mileage, for $26,500. It made no sense to buy mine, and at the end, I walked away.   Thanks, everyone, for their contribution on this forum. Replies to this message: pinerivergal (Mar 15, 2009 8:31 am)
#724 of 731 Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 [nm_socal] by pinerivergal Mar 15, 2009 (8:31 am)
Replying to: nm_socal (Mar 15, 2009 3:30 am) Thanks so_cal, I was wondering what you had decided.   I too, am going to walk away. When I started looking at what I could get for 25-30K, I can get a CPO Infiniti or Audi that has 2 more years warranty on top of the original offered, so it doesn't make sense to me to buy my R when I will be at 39 months in June. A local Infiniti called up MBF and my payoff at 36 mos was $37K, and they were still interested in doing the deal! Seeing as I have to replace the tires at $800+, it's a no brainer to walk away.   Doesn't change the fact that I've loved driving this car for 3 years. And that these boards have been invaluable. Thanks everyone, also!
#726 of 731 May Incentives/Programs by amcdad May 05, 2009 (7:18 am)
Hi kyfdx,    Do you have the lease factors/residuals/cash incentives for May for the R350 and the Bluetec R320? Looking at 36 months/15k miles. Thanks! Replies to this message: Car_man (May 27, 2009 4:32 am)
#727 of 731 '07 R350 27mo lease end buyout price by mattkwon May 12, 2009 (7:39 am)
Hi friends, I have '07 R350 with p2 and navi. Mileage is 20K.My 27mo lease ends in July 09. Residual is $35k but MBF offered me $30k Is there anyone who knows recent auction price? and 30k is reasonable price? Thanks! Replies to this message: jayrider (May 13, 2009 7:10 am) irishrogue1 (May 13, 2009 7:20 am) jayrider (May 13, 2009 8:04 am)
#728 of 731 Re: '07 R350 27mo lease end buyout price [mattkwon] by jayrider May 13, 2009 (7:10 am)
Replying to: mattkwon (May 12, 2009 7:39 am) Wait until the last week before turn in and see what the deal is then. ask your dealer to show you the auction price at that time or find a used car dealer and pay him $20 to check current prices. Replies to this message: irishrogue1 (May 13, 2009 7:20 am) jayrider (May 13, 2009 8:04 am)
#729 of 731 Re: '07 R350 27mo lease end buyout price [jayrider] by irishrogue1 May 13, 2009 (7:20 am)
Replying to: jayrider (May 13, 2009 7:10 am) it doesnt work that way. go back and read the posts on this thread. you have to deal with MBF directly - the dealer has no control over this process. MBF adjusts buyout prices from time to time based on inventory and auction prices. their buy out prices always seem to be a few thousand above auction. you can get a good deal but not a great deal as compared to going to auction and buying someone elses off lease car. for me it was worth the $2-3k more to get my car that I know was babied and has low mileage and the color/options i like. Replies to this message: jayrider (May 13, 2009 8:04 am)
#730 of 731 Re: '07 R350 27mo lease end buyout price [irishrogue1] by jayrider May 13, 2009 (8:04 am)
Replying to: irishrogue1 (May 13, 2009 7:20 am) You get the deal price from MBF one week before the turn in. Then you can check auction prices to see where you stand.You rarely buy any car at auction price unless you are a dealer. I agree the car you owned and like is worth the extra bucks. There are cpo R350's priced at about 30k. Most are in the low to mid 30's.Of course listed prices do not necessarily reflect actual dealer selling prices in this economy. There are a lot of 07's for sale online. Don't know if that means anything re what they will sell for or how long they will sit on the lot.
#731 of 731 Re: May Incentives/Programs [amcdad] by Car_man HOST May 27, 2009 (4:32 am)
Replying to: amcdad (May 05, 2009 7:18 am) Hi amcdad. I'm not kyfdx, but I do have the answer to your question.   Mercedes-Benz Financial's May buy rate lease money factor and residual value for a 36 month lease of a 2009 R350 4Matic with 15,000 miles per year are .00175 and 46%, respectively.   The numbers for an otherwise identical lease of an '09 R320 are .00129 and 48%.   Mercedes is currently providing a $3,000 cash incentive on leases of the R350, but no cash on the R320.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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