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Mercedes-Benz R-Class Lease Questions

740 messages,  Last post on Aug 11, 2009 at 1:52 AM

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What is this discussion about? Mercedes-Benz R-Class, Mercedes-Benz R63 AMG, Car Leasing, Wagon, SUV


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#313 of 740
Re: finally got a deal done [martinf] by irishrogue1
Oct 17, 2006 (5:02 am)
Reply

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)
Reply
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....
#318 of 740
Irishrogue1 by jprescott1
Oct 18, 2006 (6:52 am)
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R-class is actually moving here in Cleveland. I tried to improve the deal a bit but wanted to balance it with saving face with my son's best friend's dad ( he through in navagation). I still feel like I was saved from another XC90(not a great car) at a better price. $620/month for a $45k car v.s $600/month for a $62k car.
#319 of 740
Re: Irishrogue1 [jprescott1] by irishrogue1
Oct 18, 2006 (8:58 am)
Reply

Replying to: jprescott1 (Oct 18, 2006 6:52 am)

i agree that the R class beats the volvo in every way. the R drives like an S class. the xc drives like a refined SUV. roughly same weight for the xc V8. R is 14" longer, 5-6" lower with the same headroom and 1" wider.
#320 of 740
Re: 2007 R500 advice needed [rider88] by rider88
Oct 18, 2006 (9:12 pm)
Reply

Replying to: rider88 (Oct 17, 2006 1:32 pm)

Any comments on this?
 
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!
#321 of 740
Re: 2007 R500 advice needed [rider88] by martinf
Oct 19, 2006 (9:11 pm)
Reply

Replying to: rider88 (Oct 18, 2006 9:12 pm)

First, the real deal on these Mercedes R Class vehicles is the 2006 vintage. With up to $16,500 off MSRP on these cars, you are getting pre-refunded about 25% out of the 35% depreciation part of your lease (based on 15,000 miles/yr.), leaving you to only pay for about 10% of the MSRP in depreciation. Even with the money factor at .00400, that break on the depreciation component of your lease is very hard to beat. Net cost with minimal drive-offs on a comparably equipped 2006 is about $540/month, about 25% less than your 2007.
 
That being said, I do not understand your $3900 out the door costs. 1st month should be $730, bank fee should be $795, even California registration is about $380. I don't know where the extra $2000 is coming in, unless you live in a state that charges up-front sales tax on the full amount of the vehicle. What is your capitalized cost (i.e., what is your discount from MSRP?)?
#322 of 740
Re: 2007 R500 advice needed [martinf] by rider88
Oct 19, 2006 (9:52 pm)
Reply

Replying to: martinf (Oct 19, 2006 9:11 pm)

martinf - thanks for the reply.
 
I tried looking for 2006 with rear airbags, but was not successful, hence we are looking at 2007s.
 
The 3900 out the door cost includes all the state sales tax to be paid up-front.
 
MSRP is 66840 (but calculating from MB website, it seems like the MSRP is actually 68K, cap cost is 61061. I think invoice is 60975 (according to Edmunds).
 
What do you think of this for an 2007?

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