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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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#317 of 740
Re: Thanks to everyone [jprescott1] by irishrogue1
Oct 17, 2006 (8:30 pm)
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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)
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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)
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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)
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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)
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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?
#323 of 740
Re: 2007 R500 advice needed [rider88] by martinf
Oct 20, 2006 (9:59 pm)
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Replying to: rider88 (Oct 19, 2006 9:52 pm)

It looks like you are getting about $5800 off MSRP. At this point in the model run, I think that is about as good as you are going to find. Apparently, MB has a 5.5% "Dealer Holdback" on these vehicles, giving the dealers only about another $3600 to play with beyond invoice. If you are not in a big hurry, you might want to wait for Mercedes Winter Sales Event which I think will kick in sometime in November. It may also give MB a chance to see if they need to start giving factory to dealer incentive cash. One very positive note about the 2007 R is that money factor is a ridiculously low .00165 (3.96% in English). Versus the .00400 money factor on the 2006's, that low money factor will save you about $6000.
 
I would still try to check other dealerships for 2006's with rear airbags. If you have small children, however, most manufacturers recommend disabling the rear airbags. I have them on a 2000 BMW 528it and they have always been disabled due to my two little boys' ages. Where are you located?
#324 of 740
Is this a decent deal on R 350 by hockey81
Oct 21, 2006 (11:34 am)
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2006 R 350, list 58K, discount $10,100 (includes dealer/factory rebate of $7K). Money factor 0.0021 for single payment for 27 month lease of $16.5K including 6% sales tax? Deal also comes with free servicing for 2 years
#325 of 740
Re: Is this a decent deal on R 350 [hockey81] by martinf
Oct 21, 2006 (10:29 pm)
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Replying to: hockey81 (Oct 21, 2006 11:34 am)

You can get a similar vehicle in Southern California for about $13,000 for the 27 month, single payment lease (including 7.75% sales tax). Look at other postings on this board for dealers (e.g., Simonson (Santa Monica), Fletcher Jones (Newport Beach), Caliber Motors (Anaheim), Beshoff Motors (Northern Cal.) irishrogue1 just got his from Simonson and found the deal and the experience exemplary.
 
At only 10,100 off, with factory to dealer cash of $7000, they are slightly above invoice. Most So. Cal dealers are dipping $1500 to $2000 into dealer holdback - at least. Big picture, your deal is probably $3000 to $4000 higher than the best deals in So. Cal.
#326 of 740
Re: Is this a decent deal on R 350 [martinf] by martinf
Oct 21, 2006 (10:32 pm)
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Replying to: martinf (Oct 21, 2006 10:29 pm)

With the extra $3000 factory to dealer cash on the R500 (bringing the total factory to dealer cash to a whopping $10,000), you may want to reconsider the vehicle. Many posts on this and other R class forums by R350 owners have expressed lament over not at least "test-driving and test-pricing" the R500. Be aware that the money factor will be higher on the R500 (currently .00290 on the single pay).

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