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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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#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
#21 of 740
$499....that's great!! wait....too good to be true? by raj904
Mar 14, 2006 (7:38 pm)
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I am considering leasing a 2006 R350 with
premium package
lighting package
comfort package
airmatic suspension
trim package
The MSRP is 63735, and the dealer says that if I put down the extra $9000, then I too can have the lease for $499 for 39 months. Is this too good to be true? and does anybody know what the money factor is(if they are giving a discount, I am willing to pay for the lease up front).
 
Any help will be greatly appreciated,
Raj904
#22 of 740
Re: $499....that's great!! wait....too good to be true? [raj904] by akin
Mar 17, 2006 (3:12 pm)
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Replying to: raj904 (Mar 14, 2006 7:38 pm)

Do you really think that is a good deal? Let me understand this:
 
$499/month X 39 months = $19,500
plus you need to put down $9,000
 
For a grand total cost of $28,500 or monthly cost of $730.
 
And that cost does not include tax or anything. Do you really think that is a good deal?
#23 of 740
Re: $499....that's great!! wait....too good to be true? [akin] by raj904
Mar 18, 2006 (5:08 am)
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Replying to: akin (Mar 17, 2006 3:12 pm)

It does sound good, because the residual value is about 27K-28K. Thus, If I leased it and then exercised the buy option, I would save almost 8K off the MSRP, which I can tell I cannot get from the dealer. I have one more question. In a deal like this, what is negotiable? the payment per month is fixed, but is anything else? do the dealers negotiate on the resale value?
#24 of 740
Re: $499....that's great!! wait....too good to be true? [raj904] by pinerivergal
Mar 20, 2006 (12:30 pm)
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Replying to: raj904 (Mar 18, 2006 5:08 am)

From much perusing of these boards, I've also gathered that these cars are not selling well. One local dealer was willing to go with the $499 month with $3995 down as on MB website. By the time I added in 12K/yr instead of 10K, it was up to $517/mo payment. OK not bad... But the car didn't have anything except Parktronic on it. White with beige. I already have a beige interior and was hoping for black. Only other car was 65K Saks edition... too much. The other local dealer didn't even respond to my emails (this was the one I test drove with).
 
I live in FL. Co-workers bought 2 MB from dealer in Ohio (one's a relative) getting great deals. A E350 sport and a CLK 350. He got me my R350. This is my deal:
$3000 down, includes 1st month payment. MSRP of 56305, getting the car for 8500 less, basically the $5000 dealer incentive discounted from invoice price of 52719. I got everything I wanted: Parktronic & Premium, Pewter with black. Bonus of heated seats, not needed much in FL, but I still use them in my C240 on winter days. Got the paperwork by Fed EX and payments were 518, including tax. Oh yeah, that includes 12K/year for 39 months. I'm very happy.
 
So, go for the 499 but don't put down the 8000.

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