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Mercedes-Benz R-Class Lease Questions

748 messages,  Last post on Mar 17, 2010 at 7:45 PM

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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#124 of 748
Re: Good deal or hold out? [mta] by Car_man HOST
Jun 21, 2006 (2:47 am)
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Replying to: mta (Jun 04, 2006 11:11 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
Host
Prices Paid Forums

 
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.
#125 of 748
Re: Good Lease Deal in Houston? [howard2dot0] by Car_man HOST
Jun 21, 2006 (2:49 am)
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Replying to: howard2dot0 (Jun 08, 2006 10:03 pm)

Hi howard2dot0. You never mentioned the selling price or MSRP of the vehicle that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this model's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
 
Car_man
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#126 of 748
MVP discounted deal by r350
Jun 23, 2006 (12:34 pm)
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I am getting the following lease deal in New Jersey under MVP (employee discount) program
R350
MSRP: 59889
Term: 27 months
Miles: 12k
$458/month and $1664 drive-off.
Is this the best deal considering the MVP and 5000 off provided by MB?
#127 of 748
Re: MVP discounted deal [r350] by qkslvr
Jun 23, 2006 (12:47 pm)
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Replying to: r350 (Jun 23, 2006 12:34 pm)

r350,
 
that's a smoking hot deal!
#128 of 748
Re: MVP discounted deal [r350] by fq1
Jun 23, 2006 (3:34 pm)
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Replying to: r350 (Jun 23, 2006 12:34 pm)

Please answer the following questions because I think you might be able to do better with MVP?
 
What Money Factor are they using?
Does the payment include taxes?
What are they using as the residual?
#129 of 748
Re: MVP discounted deal [fq1] by r350
Jun 24, 2006 (7:41 pm)
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Replying to: fq1 (Jun 23, 2006 3:34 pm)

This payment includes taxes.
 
Most of the dealers are not willing to give more details as soon as I mention MVP
 
Only one dealer gave me details on a R500, but his quote turned out to be lot higher than any other dealer. They all say that the dealer is not making any money on a MVP deal (which I know cannot be true), that they are quoting what MB has asked them to quote. But, I got different MVP quotes from different dealers some as high as 535/month for the above car. Is there anyway to coax them to give me more details like MF, residual etc.
 
Thanks
#130 of 748
Re: MVP discounted deal [r350] by fq1
Jun 25, 2006 (12:05 pm)
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Replying to: r350 (Jun 24, 2006 7:41 pm)

I don't know if there might be a way to coax them into showing you the nos. I probably just got a really honest salesperson who showed me the the official MB handout. The MF for MVP this month is .00235 and the residual for the 350 for 27 mo and 12k miles is 72%. The MVP price is coded on the car's invoice which the dealer is obligated to show you. My understanding is that there is not much room to negotiate beyond that. With all those nos. you should be able to compute your payment. Pls let us know how you do or if you are able to uncover any more details on the MVP.
#131 of 748
Re: Good Lease Deal in Houston? [Car_man] by howard2dot0
Jun 26, 2006 (12:01 pm)
Reply

Replying to: Car_man (Jun 21, 2006 2:49 am)

carman,
thanks for your help. i decided not to get a r350 for now.
maybe in about 3 years...
#132 of 748
MVP Program by bisedogg
Jun 26, 2006 (12:05 pm)
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What is MVP and how can one take advantage of it? Thanks.
#133 of 748
How much to pay in NJ by vpatla
Jun 27, 2006 (6:48 am)
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How much should I pay for an R 350 with premium package, rearseat entertainment, heated seats, bluetooth, and ipod integration? I live in NJ (ny metro area). I would like an OTD price I can expect to pay? I am planning to buy in the next couple of weeks.
 
Thanks a lot in advance.

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