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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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#115 of 740
Brand New 2006 R350, is this a good deal? by kendi
Jun 18, 2006 (7:12 am)
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I am thinking to buy a Brand New R350 with financing.
 
So far, the best offer I get,
 
MSRP $54740( Rear side airbag, sunroof, heated and entertainment package)
Selling price, $46362.
With 36month 2.9APR, 0 down payment, I will pay $1491 per month including all tax and fees.
  
I offer them $45K. But they turned down.
 
From this website, I saw a lot of people got $9K below MSRP last month, but I shopped several dealers,
this deal is so far the best I get.
 
I am thinking to wait till end of June, they might bring down the price further.
But the salesperson said, 2006 R350 will be sold out next month and the 2007 R class will come out in early Aug.
Is this true? Anyone knows that the R class is really near sold out. Any advice? Thanks.
#116 of 740
Re: Brand New 2006 R350, is this a good deal? [kendi] by qkslvr
Jun 19, 2006 (7:04 am)
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Replying to: kendi (Jun 18, 2006 7:12 am)

I'm not sure about the current discounts, but if you search dealer inventories online, there seems to be plenty of R class inventories available. I think what the salesman is trying to say is that after July, new shipments will be 2007 models. If you are flexible in colors and options, you should find plenty of vehicles to choose from. Month of May sales results for the R class did not show a significant reduction in inventory.
 
Waiting until month end should not be a problem.
#117 of 740
Re: Brand New 2006 R350, is this a good deal? [qkslvr] by kendi
Jun 19, 2006 (7:44 am)
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Replying to: qkslvr (Jun 19, 2006 7:04 am)

Thanks for your advice, may I know from where I can search dealer's inventories? Can I search it by myself?
#118 of 740
looking to lease with questions by cart126
Jun 19, 2006 (1:27 pm)
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I have found a R350 at MSRP of $55,095.00 with the following lease offer $1,519.00 out of pocket and $499.00 plus tax for 27 months. Lease includes 10K mileage per year or if I want to bump to 12K per year payments go to $519.00. How does this deal sound for the Ohio region?
#119 of 740
Re: looking to lease with questions [cart126] by mta
Jun 19, 2006 (8:47 pm)
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Replying to: cart126 (Jun 19, 2006 1:27 pm)

Cart - sounds pretty solid. Can you tell us what the Sale Price is on the vehicle?
 
Just to be sure...$1,519 is the amount of the check you'll write to the dealer?
#120 of 740
Re: Brand New 2006 R350, is this a good deal? [kendi] by qkslvr
Jun 20, 2006 (7:02 am)
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Replying to: kendi (Jun 19, 2006 7:44 am)

kendi,
 
you can search inventories at most dealers' websites. Just look for new car "search" or "inventory".
#121 of 740
Re: I need a leasing whiz. [cyberbro] by Car_man HOST
Jun 21, 2006 (1:34 am)
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Replying to: cyberbro (May 24, 2006 9:37 am)

Hi cyberbro. Vehicles' residual values are always based upon a percentage of their full MSRPs. If you think it's bad that the discount that you negotiated is not being taken into account when your vehicle's lease-end purchase price is determined, think if you had paid a large down payment on your lease. Down payments on leases have absolutely no impact upon vehicles' end of term purchase prices either. This is one of the reasons why I always advise community members not to make down payments on leases. You probably will end up being better off just walking away from your lease rather than purchasing your vehicle at lease-end. I highly doubt that an R-Class will be worth anywhere near its residual value at the end of a lease.
 
Car_man
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#122 of 740
Re: Any new deals for the R class? [maxxie] by Car_man HOST
Jun 21, 2006 (1:36 am)
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Replying to: maxxie (Jun 01, 2006 10:52 am)

Hi maxxie. Mercedes-Benz's June lease program for the R-Class is basically the same as its May program was.
 
Car_man
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#123 of 740
Re: May deal might still be available [maxxie] by Car_man HOST
Jun 21, 2006 (1:40 am)
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Replying to: maxxie (Jun 01, 2006 6:10 pm)

Hey maxxie. Dealer invoice minus the $5,000 dealer cash is a good price for this model right now. I just ran some numbers and the lease payment that you were quoted looks right as well. Just make sure that you aren't making any sort of capitalized cost reduction and this is a good deal.
 
Car_man
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#124 of 740
Re: Good deal or hold out? [mta] by Car_man HOST
Jun 21, 2006 (1:47 am)
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Replying to: mta (Jun 04, 2006 10:11 am)

Hello mta. If I was in the market for an R-Class right now, I personally would shoot for dealer invoice minus the $5,000 dealer cash that Mercedes-Benz is currently providing on it. You can look up this vehicle's exact invoice price by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. The .00285 money factor that you were quoted is Mercedes-Benz Credit's buy rate for the R-Class this month. You will not be able to get a lower factor than this.
 
You might be able to negotiate a similar discount on an '06 E500 Sedan, but you won't be able to get as large a discount on an E350. If you are already getting a great deal on the R-Class that you want there won't be any room for any sort of additional discount because you plan to get multiple vehicles. It wouldn't do a dealer any good to lose money lose money by providing below cost prices on multiple vehicles.
 
Car_man
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P.S. If you decide to trade your current vehicle in, make sure to have the dealer cut you a check for it rather than using the proceeds from your deal as a capitalized cost reduction for your lease.

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