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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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#308 of 740
Balloon program? by sjsilverman
Oct 15, 2006 (12:51 pm)
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Does MB have a balloon program (loan + guaranteed repurchase price after 3 years or 4 years)? Leasing isn't a great option in Illinois, which charges sales tax on the full capitalized cost at lease signing. (It's actually charged to the finance company that is purchasing the vehicle, but is always reimbursed by the lessor.)
#309 of 740
finally got a deal done by irishrogue1
Oct 16, 2006 (3:44 pm)
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well i finally got a deal done on an 06 R500. i didnt get the car i wanted, but we should always settle when buying a $60k car.....(at least that is what i keep telling myself). i cant believe i just spent that much money and i dont even have leather interior....how do they even sell a $60k car without fancy vinyl...uhh....naugahyde....errr i mean mb tex????
 
anyway here it is -
Options
317 Comfort Package
326 Premium Package
MSRP = $62,740
Cap Cost = $46,240
 
Drive-off amt = $1,372.56
 
- Ca State Title Transfer fee = $15.00
 
- 1st month payment = $508.81
 
- MBF Bank Fee = $795.00
 
- Ca dealer documentation fee = $45.00
 
12k miles per year
27 months = $508.81 + tax
MF.00400
Residual = 67%
 
sigh....options aside, i got a great deal. it sure as heck was not painless though. while the sales manager and dealer i ended up buying from was good, the overall experience sucked.
 
the guys at walnut creek are a bunch of hacks. the salesman is twit. the manager started out great and then pulled the classic bait and switch as we got close to signing paperwork. and then just blamed not doing a deal on someone higher up....nice waste of my time.
 
the new guy at beshoff is a straight shooter. if only he could have found some more money over $15k for me, i would have preferred to buy from him. he never changed his tune and was honest that he couldnt go lower. fair enough.
 
ill post the name of my dealer/sales manager after i sign the fedexed lease docs....
 
thanks for everyone's help AND MORE IMPORTANTLY THE CONSTANTLY UPDATED INFO. this site was invaluable in allowing me to know which dealers were dealing, had large inventories. without it, i would neve have gotten $16500 off msrp. this board is fantastic!
 
thx again
Sean
#310 of 740
Re: finally got a deal done [irishrogue1] by kyfdx HOST
Oct 16, 2006 (3:50 pm)
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Replying to: irishrogue1 (Oct 16, 2006 3:44 pm)

"ill post the name of my dealer/sales manager after i sign the fedexed lease docs.... "
 
Please don't... as that violates forum rules.. Please see the message printed in red on every page...
 
Thanks!
kyfdx
#311 of 740
Re: finally got a deal done [kyfdx] by martinf
Oct 16, 2006 (7:45 pm)
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Replying to: kyfdx (Oct 16, 2006 3:50 pm)

I believe it is OK for irishrogue1 to list the name of his dealership, just not mention the name of the sales person/manager. In any event, I believe he got the vehicle from W.I. Simonson in Santa Monica. I had posted their $16,500 off MSRP a few days ago. Good luck with the R500 irishrogue1! You got one of the best deals out there!!
#312 of 740
Re: finally got a deal done [irishrogue1] by martinf
Oct 16, 2006 (7:58 pm)
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Replying to: irishrogue1 (Oct 16, 2006 3:44 pm)

You can save about $2700 over the 27 months of this lease by going with the single payment option. I just thought I would mention it to you. It's a personal call, but $13,000 in a 6% CD would only yield me about $1400 to $1500 over the 27 month period (by the way, World Savings Bank has about the most aggressive CD returns in the market. Unfortunately, bankrate.com hardly ever lists them because they mostly offer odd terms like 7 months, 13 months, or 15 months). Even if you have signed the paperwork and are driving the vehicle, I don't think it is difficult to switch over. Again, congrats - GREAT DEAL!!
#313 of 740
Re: finally got a deal done [martinf] by irishrogue1
Oct 17, 2006 (5:02 am)
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Replying to: martinf (Oct 16, 2006 7:58 pm)

yes, simonson in santa barbara. internet manager (linked on their website) is a stand up guy. not even 2 secs of BS during the process.
 
all of my cash is tied up in my second business otherwise i agree that the one pay makes this even more attractive. although what happens if you total the car during the lease term? i always heard that you lose....doesnt sound right..but....
#314 of 740
2007 R500 advice needed by rider88
Oct 17, 2006 (1:32 pm)
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I see so many great info on '06, but I am looking at an '07.
 
Need some comments/help on this quote:
 
'07 R500 MSRP $66340, out-the-door cost around $3900 (1st month, all taxes, bank fee, registration, etc..), $0 cap-cost reduction, Term 27 months, 15K miles. Monthly around $730.
 
Any thoughts on these numbers, and any suggestions on what I should be targeting?
 
Any feedback would be much appreciated!
#315 of 740
Thanks to everyone by jprescott1
Oct 17, 2006 (5:07 pm)
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I have been an active mbworld.org member for a few years. Their R forum is dead. I pulled the trigger on an 06' R500 $62k MSRP. Without going through the numbers I'll just say that I was looking at an XC90/RX350 both at $620 tax in with aboout $1500 drive off. I never even thought of an R until I hit this forum. Our neighbor owns the local dealer and we gave him a shot. R500, black/black, 2006,sunroof,heat seats,HK surround, Sirius,18" wheels, DVD navigation. Bottom line: $1700 drive off includes 1st payment and $795 bank fees... 27 month/12000 mile..$599.97 per month tax in!!! I mean come on guys, this is cheaper than the XC90 we have now. I could not say no. By the way, we really wanted the new MDX but they want $788 a month#%#$. I had an E500 before and I loved it(minus the multi bugs and bad electronic breaks) so I'm happy for my wife. It's hers but I look forward to our ski trips.
#316 of 740
Some deals... by amcdad
Oct 17, 2006 (7:14 pm)
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These deals on the R-class are pretty darn good...It would fit our needs, but we won't be in the market for a replacement for our Cadillac SRX until next spring. Does anyone know how the R-Class is selling? I know its hard to predict, but I am hoping the lease incentives continue for a while...
#317 of 740
Re: Thanks to everyone [jprescott1] by irishrogue1
Oct 17, 2006 (8:30 pm)
Reply

Replying to: jprescott1 (Oct 17, 2006 5:07 pm)

i agree that the R board on mbworld never even got off the ground. this one was hot for a while, then it slowed down and i m glad to see it picked up again just in time for some of us to benefit for $10k factory cash.
 
not sure what your tax is per month, but it looks like your neighbor didnt give you best deal that he could have....maybe took $50-75 per month more than he "should" have.
 
people are going to line up for the new MDX....

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