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Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
583 messages, Last post on Jul 03, 2008 at 4:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jccssc888 (Feb 22, 2006 10:29 am) Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: lprice (Mar 11, 2006 8:34 am) The impression that you got about this being a slow selling model is absolutely correct. You can use this to your advantage by negotiating a low selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. I suspect that you should be able to get an R350 right now for a little over invoice minus the $5,000 dealer cash. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: raj904 (Mar 14, 2006 8:38 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Mar 21, 2006 3:40 am) thoughts on the R-class 500. dealer would give 4% back on top of 5000 rebate from MB. Looking at 39 months with 15,000. what should i use for money factor and residual factor. Initially they offered me $608 a month.. thoughts on 1.9% financing? Thanks
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I read the postings here for a while before getting my r350 lease today. I learned so much information here and guess I will share mine with others for reference: R350 with MSRP of 58415 36 months, 12k miles per year $659 including tax per month (8.25% sales tax) 1st month only as total drive off
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Replying to: aau007 (Mar 22, 2006 12:42 am) Assumed Gross Cap Cost (including DMV) - $52,065 Your Residual Should Be - $36,217.30 (62% for 12k miles per year) Money Factor - 0.00191 Depreciation - $440.21 per month Rental Charge - $168.62 Total - $608.83 With Tax - $659.06 If your total drive-off was $659, this is quite a good deal since the dealer does not seem to have bumped up the Money Factor from the Ad car. Most of the dealers that I have spoken to in the Bay Area want a Money Factor of .00285 which adds an additional $75 per month to the payment. This violates the terms of the Ad. The Ad car (on www.mbusa.com)has a Residual of 63% (10k miles per year) and a Money Factor of 0.00191. Note that this is a National Ad and does not state that a limited number of cars are available at this price. Theoretically, Mercedes must honor the terms of the Ad even if the car has a few more options. Be careful with dealers that bump up the Money Factor on cars that have more options. I have not been able to find a car with just the Premium Package. I'd like to hear what others experiences are regarding this deal. Zaheer
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Replying to: Car_man (Mar 21, 2006 3:40 am) 10k miles - 63% 12k miles - 62% 15k miles - 60% Dealers may try to lower the residuals so that they can get a better return from MB Credit. I would use the 0.00191 MF and the $5,000 Cash-to-Dealer when making a deal. This is what Mercedes is advertising until March 31st. Zaheer
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Replying to: zaheer (Mar 22, 2006 10:12 pm)
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Replying to: zaheer (Mar 22, 2006 9:59 pm) |
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Replying to: aau007 (Mar 23, 2006 7:43 pm) I finally found a dealer who was willing to apply the same terms as the ad. I am picking up my R350 tomorrow. Will let you know what kind of deal I get.
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