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Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
740 messages, Last post on Aug 11, 2009 at 1:52 AM
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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 6:21 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 12:17 am)
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Replying to: sand529 (Apr 24, 2007 7:25 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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Replying to: vtraudt (Mar 23, 2007 12:46 pm) looks like you got a better deal than mine. just signed last weekend. r350 alpine rain P2, DVD entertain sys, voice recog, heated seats msrp 56650, final negotiated 51440 or so 39 mo lease, 12K/yr acquisition of $1095 rolled into cap cost then $3000 cap cost reduction (with a trade in) so final number $49400 or so ended up with $600/mo + tax residual 60% (31+K) don't know MF if you massage my numbers backwards like you did with yours, what is the final price of the vehicle? prob no discount from msrp at all? thank for your help
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Replying to: svrlin (Apr 24, 2007 8:57 am) |
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2007 R350 P01 Package Navigator rear seat Entertainment Package All season tires Heated front & Rear seats Cell phone wiring Heated front and rear seats IPOD Integration kit Car priced at $53,385 10K 36month lease $6k down and &560 per month including tags, title and all taxes. I am not sure if I am getting a good offer or getting duped. Your insight appreciated. D
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I just picked up my R-350 on sat. Iridium Silver P2 Heated Front seats MSRP $54,200 39 mos 12k per year 558.85 per month Tax,Acq Fee, plates - down
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Replying to: dupeb (Apr 28, 2007 9:44 pm) If I attempt to back into your $560 per month, I come up with a net capitalized cost of $48,200. I used a 57% residual and .00085 money factor. The question is how much of the 6K you are puttign down is for reduction of capitalized cost. |
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Replying to: sand529 (Apr 30, 2007 4:14 am)
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