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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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#331 of 740
What do you think of this special on R500 by
Oct 23, 2006 (11:55 pm)
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I have been getting emails from a dealership in Los Angeles
area offering very attractive price on their R500 since they don't have the color I am looking for so I called other dealers to see if they would beat/match the special offered by the first dealer so far they either reject the offer or would ask me to go down to their dealership saying they can't quote prices on the phone or by email. Here is part of the ad relating to R500.
 
Please let me know if this is possible.
  
          --------------------------------------
2007 R350
(Only 2 available / No substitutions)
(Premium Package 1 and Cargo Cover)
MSRP = $48,150
Drive-off Total = $4,999
 
7,500 miles per year
 
27 months = $393 + tax
 
or
 
10k miles per year
 
27 months = $410 + tax
 
     ------------------------------------------
 
2006 R500
 
$16,500 off MSRP
 
Sample
 
(18in Wheels,Comfort Pkg,Entertainment Pkg,Sunroof Pkg)
MSRP = $59,430
 
Your low Price = $42,930
or
 
Lease (sample)
 
Drive-off = $2,999
10k miles Per year
 
27 months = $389 + tax
   -----------------------------------------------------
#332 of 740
Re: One Pay leases [martinf] by jimscays
Oct 24, 2006 (6:35 am)
Reply

Replying to: martinf (Oct 23, 2006 10:44 pm)

Thanks for your advise, appreciate it very much.
 
#333 of 740
Re: What do you think of this special on R500 [] by martinf
Oct 24, 2006 (11:14 pm)
Reply

Replying to: unknown (Oct 23, 2006 11:55 pm)

That is Simonson's ad from Santa Monica. Very attractive pricing on both, but the real deal is the 2006 R500. Check with Fletcher Jones in Newport Beach, internet department. They will likely meet the Santa Monica deal on their R500's and I believe they still have a large stock. Don't be afraid of a more equipped vehicle than you want. The leasing numbers are usually not that different.
#334 of 740
One pay by gtli
Oct 25, 2006 (12:43 pm)
Reply
what happens if you do a one pay lease and the car is totlaed or stolen?
#335 of 740
Re: What do you think of this special on R500 [martinf] by sussan
Oct 25, 2006 (2:34 pm)
Reply

Replying to: martinf (Oct 24, 2006 11:14 pm)

The second part of the ad is about 2006 R500.
I called the Fletcher Jones in Newport Beach
and even email the ad to them but they don't
want to quote prices on the phone or email, I
think that can cost them at least my business
since I don't want to drive 3 hours round trip
to go to Newport Beach and not get the deal.
#336 of 740
Re: One pay [gtli] by martinf
Oct 25, 2006 (3:39 pm)
Reply

Replying to: gtli (Oct 25, 2006 12:43 pm)

I think the "gap" insurance that is included in the MB Financial Lease will cover that eventuality, but I would check with MB Financial directly to make sure. I have seen that objection to the one-pay lease option before, but I do not know the veracity of those comments. In fact, I may just call MB Financial myself tomorrow to try to ascertain the real story. Somehow, I can't imagine that MB Financial would make the single pay lease available and not provide a significant caveat if there was a significant risk of a serious problem were a theft or total loss were to occur.
#337 of 740
Re: One pay [martinf] by marley2326
Oct 25, 2006 (4:35 pm)
Reply

Replying to: martinf (Oct 25, 2006 3:39 pm)

Wanted to thank everyone on the thread for some very useful information. I just leased a 2006 R500 demo up in Boston. The rates and terms I used on this site were invaluable, here goes....
2006 r500 pewter/black 8k miles, mbusa demo
premium pack, keyless go, full leather, heated seats, rear side airbags, parktronic sticker $65,540.
27 mos/12k year
$1700 due at inception...first payment, bank fee, title/tags
$560/month + tax
I opted for the one payment which came to $14,100...saved $3300 or $116/month.
 
I had gone there to get a new r500 also pewter/black w/ $61,345 sticker, but wasn't crazy about no parktronic or heated seats, so the i went for the added options and probably paid $25/month more than the ideal math, but I got exactly what I wanted. The terms came out to $17,200 off sticker due to demo, 66% resid b/c mileage at end would be 35k, not the 27k i have in the lease. The mf for monthly pay was .004, and the one pay worked out to .0027, calculating backwards. I almost bought one from CA earlier in the month and have it shipped earlier in the month but, wasn't crazy about the color and $1200 to ship($50/mo on 27 mo lease). So looks like the Northeast pxing is getting aggressive. I was quoted $730/month and ~17,500 for a one pay, with less options, from another local dealer 3 weeks ago.
 
Thanks again, info was invaluable.
#338 of 740
Re: One pay [marley2326] by marley2326
Oct 25, 2006 (4:40 pm)
Reply

Replying to: marley2326 (Oct 25, 2006 4:35 pm)

also, i was quoted $530/mo + tax for the r500 $61,345 sticker, same terms and ~ the same due at inception FYI
#339 of 740
Re: What do you think of this special on R500 [martinf] by sussan
Oct 30, 2006 (8:30 am)
Reply

Replying to: martinf (Oct 24, 2006 11:14 pm)

I was able to go to downtown MB dealership yesterday since
they told me they will beat the competitor's offer.
 
This is what I got on the 2006 R500 with MSRP of over $62K I think they discounted it to $46500 with $2350 drive off and monthly payments of $680/mo. 12k/yr. 27 mo. The one time pay was $17500 for 24 mo., since they said they can't do one time pay for more than 24 months.
 
They said my credit scores were low. The highest score was a little over 680. They were calculating my lease at tier 3. There was a big gap between what I want to pay and what they are offering me. So they said on Monday they will call MB financing and see what they can do.
 
They asked me what is the maximum I can pay and I told them
$450/m. $2000 drive-off, 12k/yr. for 27 mo. or $13000 one time pay. I think I may have over estimated the one time pay. What do you think? Thank you for all the help you have given me by having a very lively forum I have learned a lot.
#340 of 740
Re: What do you think of this special on R500 [sussan] by gtli
Oct 30, 2006 (8:00 pm)
Reply

Replying to: sussan (Oct 30, 2006 8:30 am)

5 weeks ago I paid $13,700 one pay for an R500 with a $63,500
sticker price, Tier one credit.
 
Likely they look at middle score, still does not seem that you should be tier 3

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