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Mercedes-Benz R-Class Lease Questions

740 messages,  Last post on Aug 11, 2009 at 1:52 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#11 of 740
Lease quote on 1 month old used R350 by bose
Nov 22, 2005 (10:39 am)
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All:
  
Getting a used (1 month old, 1300 miles) R350 at invoice at the same lease deal as being offered through their winter sale. Car has Premium pkg, Heated front seats, second row console and after market parktronic. (Sticker, 56,705, invoice 52,791, lease payment including tax $630, 39 month lease 10k per year)What do you think? Better this or pay the $500 over invoice that most seem to be able to negotiate on a new car? Your comments appreciated
#12 of 740
Re: No discount on R-models [5total] by Car_man HOST
Dec 19, 2005 (3:42 am)
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Replying to: 5total (Nov 16, 2005 11:18 am)

You're welcome, 5total. Let me know if you have any other questions.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#13 of 740
Re: No discount on R-models [Car_man] by 5total
Dec 19, 2005 (7:20 am)
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Replying to: Car_man (Dec 19, 2005 3:42 am)

Do you have any good advise on how to calculate a good single pay 39 month lease.
 
Here is what I know
R-Class
61,000
15k miles
39 months
 
I am asking for the money factor now. Other than that what else do I need.
 
I was told that the single pay would basicly covers the amount of the tax I would pay. In other words, I should just offer the dealer the payment "AMOUNT" X 39 months for the car and save the tax amount. Tax in my state is 7.5%
 
For this car the Dealer wants a single pay of 30,500. I think I can do better. Especailly since others have written that they were able to get their cars for 500 over invoice before a 2,000 deal incentive. That would take a car to 1,500 below invoice. The above car would then be around 56k. They seem to be motivated.
 
So many number, So little time. Can I get your thoughts
 
Thanks
#14 of 740
Re: No discount on R-models [5total] by Car_man HOST
Jan 10, 2006 (3:21 am)
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Replying to: 5total (Dec 19, 2005 7:20 am)

Hello 5total. Mercedes-Benz Credit provides consumers who pay for their entire lease in advance with a .00110 reduction in their vehicle's money factor. MBC's current buy rate lease money factor for this truck is .00230. So, if you were to do a One Pay lease, the money factor that would be used to calculate the interest portion of your payment should be .00120.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#15 of 740
Re: No discount on R-models [Car_man] by 5total
Jan 10, 2006 (9:45 am)
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Replying to: Car_man (Jan 10, 2006 3:21 am)

Just an FYI.... they do reduce the money factor bu .00110 but there book tells them not to go below .00150. They missed that fine print. My money factor was .00120 and I was ask go come back into the dealer to re sign. They had to reduce the price more so that they could use the correct money factor of .00150. I really dont think they made a lot of money on this deal. I got the car for roughly 1,500 under invoice.
#16 of 740
looking to lease 06 R350 by butchymomma
Jan 18, 2006 (9:15 pm)
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Looking at R350 with sticker of $58,000. What can I expect with current lease offer in effect til Jan 31st? They want almost $4000 down with payments of $599 plus tax based on $54K MSRP. With these cars not moving very fast can I do better than the advertised lease?
#17 of 740
Re: looking to lease 06 R350 [butchymomma] by 5total
Jan 19, 2006 (7:49 pm)
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Replying to: butchymomma (Jan 18, 2006 9:15 pm)

There is a 2k dealer incentive out there. I hope you know that. So I basicly got my R350 for 1500 under Invoice (not MSRP, but invoice). I knew nothing about a lease so I went to leaseguide.com and purchased there kit. I spent time going over the formula for a good lease payment. But the bottom is you still have to start at price. Don't let the dealer distract you with other numbers. Price is king...decided on the price. The invoice numbers were right on from edmunds. They tried to stick me with a 600 advertizing fee. The manager said "all cars have this fee and there is nothing we could do about that". Well I told them I wasnt paying and I did not pay it. I think if you do what I did an target 1500 under invoice should work. Now that you have the price use the formulas in the lease giude to calculate your lease payment and residual. Know how this is done. When I went in the manager had no idea of how a lease was actually calculated. In the end, he sold me the car for 1500 under. Their money factor was very good. Again, leaseguide.com will explain all these terms. It was WELL worth the 20-30 dollar cost.
 
Good luck
#18 of 740
Re: Mercedes-Benz R-Class: Lease Questions [kyfdx] by rstokes
Jan 23, 2006 (9:20 am)
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Replying to: kyfdx (Sep 23, 2005 12:56 pm)

Does anyone have a suggestion of buying an off lease R 350?
#19 of 740
money factor by jccssc888
Feb 22, 2006 (9:29 am)
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Hi Car_man,
Thank you for your help on my previous purchases/leases. Your info has been really helpful to me to get the best deal out there. I am now interested in the MB R350 with premium pkg, preferably with lighting pkg too. I saw from Edmunds.com incentive info that MB has special lease rate for $499 39-months with 10M miles per year. Can you tell me what's the money factor should I be looking at if I want 15M miles per year? I'll probably take the plunge if the deal is as good as it sounds. Thanks!
#20 of 740
Re: Mercedes-Benz R-Class: Lease Questions [kyfdx] by lprice
Mar 11, 2006 (7:34 am)
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Replying to: kyfdx (Sep 23, 2005 12:56 pm)

We would be interested in renting an R 350 in the San Francisco Bay Area.
We would like to have a premium package at the least but don't want to spend too much and know that adding all those frills makes the price sky-rocket.
We are therefore flexible on color and options (but require navigation) if there is a price incentive.
We would only like a 24 month lease and 12K.
Can you tell me if there are any deals out there that I should be aware of either from MB or any particular dealers.
I got the impression from this website that it was not a popular model and sales were slow. How can I use this to my advantage?
How do I get a dealer's test-drive model which I assume has a lower sticker price?
Would appreciate any info.
Thanks,
L Price

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