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Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
607 messages, Last post on Aug 08, 2008 at 9:30 AM
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I missed the 3/31 special so would like feedback from anyone who is looking at lease deals now. I got indications from a MB dealer in SD County as follows - R350 White/Macadamia with Premium pkg 39 mo. lease 15k and 18k mileage options $0 down and $3k down here is what I got - MSRP = $56,760 Invoice = $53,441 Sales Price = $49,000 (rough) 15K miles  $0 down = $725.23 + tax 15k miles $3k down = $639.74 + tax 18k miles $0 down = $770.44 + tax 18k miles $3k down = $684.90 + tax Money factor on 18k miles was .00315; don't yet have MF on 15k miles Any getting better deals post-3/31? Thanks, EU |
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Replying to: mishmash1 (Mar 31, 2006 5:34 pm) MSRP - $60,455 Invoice - $56,604 After employee discount - $54,804 Final price after all discounts - $49,852 Some dealers were willing to discount the R350 by $6,500 - $8,500 off MSRP until March 31st. I don't know where things stand now. A few tips from my experience: 1. Talk with the Fleet Manager only, even when you go to test drive the car. Avoiding the Sales staff will save you their commission and the hassle of going back and forth. The Fleet Manager can make quick decisions. 2. Negotiate price and terms on the phone at home with the Lease Formula in front of you. This removes you from the pressure at the dealership and having to decide solely based on monthly payment (which can be manipulated in several ways). 3. Make sure you understand how Money Factor, Residual, and Cap Reduction can affect payments. Your goal is to only have the 1st month's payment as drive-off. Hope this helps.
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Replying to: zaheer (Apr 04, 2006 5:08 pm) Your info was very helpful. I just negotiated a lease based on your deal and found it to be very helpful. I wasn't able to get $9000 off msrp as you did but I did come close. I will get you and others the details after I take delivery. Thanks again. |
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| Hi - am wondering if anyone on this board has done a lease deal since the March special expired. I'm trying to get San Diego County dealers to come as close as possible to the terms of the March deal. Would appreciate any feedback that you can offer. I've only seen two R-class cars in the road since I've been shopping. Are dealers having a hard time moving this model? | |
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Just drove the R350. My lease offer was as follows: MSRP: 60830 Selling: 52027 27 months 15k miles 70% residual MF: .00285 MV Fees: $400 Incept+1st month: $1370 Cash down: $1100 Taxes up front: $1053 Total up front: $3915 Lease: $575.61 I know that I can roll my taxes and up front fees into the lease--and it would be aprox. $705 with only MV fees and 1st month up front. I am getting the car at invoice minus the $5k cash, and the standard MB money factor. This is the MB deal for the month of April. Can I do better?
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Replying to: euyesaka (Apr 12, 2006 5:06 pm) MSRP: 60830/$64420 (Both are almost $9000 off sticker) Selling: 52027/$55800 ($58200 w/$2400 taxes/fees) 27 months/27 mos. 15k miles/12k mi (about $.14 mi for xtra miles using res.) 70% residual/72% res MF: .00285/.00285 MV Fees: $400/$200 Incept+1st month: $1370/$925 inception in payments Cash down: $1100/$0 Taxes up front: $1053/$0 Total up front: $3915/$925 Lease: $575.61/$736  There are other fees:disposition(lease end $600)  and possible missing maintenance book fee of $500 if lost  . I love the car and the deal even more!!! Go buy one today!! 
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Replying to: a6_to_m35 (Apr 15, 2006 9:44 am)
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Replying to: mishmash1 (Apr 15, 2006 10:00 pm) Dealers have a 5.5% holdback equalling roughly $3500 on these cars. I expect that one can make a deal that could go significantly under invoice BEFORE the $5k in the trunk! Just a thought...
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Replying to: a6_to_m35 (Apr 18, 2006 6:58 am) Too late but thanks for the info. I didn't come across any hold back info prior to my purchase. That puts it at $8500 off invoice... WOW. I paid about $8500 off sticker!!! I know some dealers are very hesitant to give up the holdback but you never know. Good luck to the others. mash |
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Hi. I'm in the market for a lease on an R350. I noticed the lease deal listed on the incentives page and it looks like the following: MSRP: $54175 (premium package) Selling: ???? Term: 27 mon Mileage: 10K Cap Reduction: $1100 Lease: $499/mon Now, assuming a MF of 0.00285 I'm trying to back-out the selling price. I didn't see on this board the residual for 10K miles and 27 months. I did see that the residual for 12K and 27 months was 72%. Assuming that the residual for 10K is 74% (just a guess) then, according to my lease formula, the selling price is about $7K under MSRP. Assuming that this is correct, it seems like you can do even better than $499 a month, assuming that you can get more like $9-10K off MSRP considering the $5K rebate in April and some part of the dealer holdback that would allow you to get well under invoice. I'm sure I'm missing something here since this doesn't seem quite right. Can someone help me with the numbers? Thanks.
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