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Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
619 messages, Last post on Sep 04, 2008 at 7:07 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I received today: R350 Barolo Red,Macademia Leather Premium 2 pkg. 18 in. wheel(all season) cargo cover and heated seates. $56960+ $775 destination deliver totaling$57735 39month 15k miles $648+tax/mnth and $1750 due at signing(includes fist payment and fees). Money factor stated as 0.00085 My own excel sheet lease calculator shows $738.82 without taxes (how can I add them in? Just add 6%?), using full MSRP, 52% residual, 0.00085 money factor (2.040. Massaging the negotiated price (discount off MSRP) to match the $648/month w/o taxes results in an negotiated price offer of $54,310 (discount $3,425) I was expecting: $5,000 of MSRP 0.0007 52% Residual I am in MI, Ann Arbor area. Please comment on above. What discounts off MSRP are currently out there? What money factors have you been quoted? Volker
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The R350's suspension is too soft (lots of leaning in turns, break dive, somewhat not-precise steering response). This is further aggrevated since we here get the "L" version (or extended version)which ads space and results in a longer wheel base. The regular (European) version is not available here, but is slightly firmer. To overcome this "cushy" ride (reminds me a little of the Chevy Capric boat), thankfully, Mercedes offers the air suspension. Problem: I have NOT been able to locate one to drive it. My dealer (Ann Arbor) told me that it would have to be ordered, wait time 90-180 days (not nice if I had to order, but certainly impossible to wait for a test drive first). Have you out there seen similar "rareness" of this option? I am in MI, Lansing, Brigton, Ann Arbor, Detroit area. Volker |
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Replying to: ddouin (Feb 03, 2007 8:09 pm) Your deal seems insanely good. We want that one. So $12k upfront for 27 months, 12k miles/year on a $67K MSRP? Nothing else? Any information you can give would be appreciated. |
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I have been offered the following. Is this a good deal? $598.5 39 months 15K mile per year MF .00085 Cap Cost $47,018 Inceptions total $1,888.30 (no cap cost reduction) Car is equipped with P1, Navigation, Rear Ent., front heated seats and metallic paint. This is a demo with 4k miles on it
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Replying to: ac3 (Apr 03, 2007 10:51 am) |
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| Hi there. How is everyone getting the R500 at $12K for 27 months??? I must have contacted about a dozen dealers across the country and all of them have basically told me that I'm nuts. This would be perfect for my family, but we need this deal to stay in budget. Any pointers??? Please help!!! Thanks in advance. | |
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2007 R350 - Iridium Silver Metallic P2-package Heated Front Seats MSRP $53,800 Monthly Payment $565 Cap Cost $49,525 MF .00085 Resdidual 56% 12k per yr Cash signing: 1st month, Acq Fee, Sales Tax, approx 3k or so. I think its a decent deal but I think I could do a bit better? |
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Replying to: sand529 (Apr 21, 2007 7:21 pm) 07 R350 alpine rain P2 DVD entertainment voice recog pkg msrp of about $56650 got it for $51404 lease for 39 month, 12K miles/yr put cap cost of $3K (with a 98 camry trade in, 100K on it) into the lease, resulting in monthly $600 + tax ($650 total in CA) drive off $1335 (1st month, DMV fees, tax) acquisition fee of about $1000 rolled into cap cost. so while mine has more options, I think you prob got a better deal. my residual is about 60% (around $31K) what do you think? by the way, does anyone think the excess wear and tear coverage ($650) is worth it? thanks 
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Replying to: svrlin (Apr 24, 2007 1:17 am)
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Replying to: sand529 (Apr 24, 2007 8:25 am) thanks for the computations. The cap cost of $51404 does not include acquisition fee of $1000 (which seems high to me). With that, the total gross cap cost was $52500 or so. Then they put in the $3000 reduction with trade in from cap cost. So I guess the $600 base monthly payment was pretty bad then. It is the best deal I could shop for in the bay area. But it seem high to me. I wanted $550 monthly (with traide in) and could not get it. BTW, my credit score was over 800 so that was not an issue in the deal. appreciate your thoughts and calculations. |
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