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Mercedes-Benz R-Class Lease Questions

740 messages,  Last post on Aug 11, 2009 at 1:52 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mercedes-Benz R-Class, Mercedes-Benz R63 AMG, Car Leasing, Wagon, SUV


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#492 of 740
Re: New R350 [rmbalisa] by handcuff68
Dec 18, 2007 (6:01 pm)
Reply

Replying to: rmbalisa (Dec 15, 2007 10:56 am)

Can you please E-mail me the dealer in PA. And can you advise me if all your fees were wrapped into that low monthly payment.
NOLUCK7541VERIZON.NET
#493 of 740
Re: got a new r350 [javafan1] by minime5
Dec 19, 2007 (10:46 am)
Reply

Replying to: javafan1 (Dec 18, 2007 12:00 pm)

Javafan,
 
What state did you purchase your R in? Can you send me the dealer name?
 
TIA
#494 of 740
Re: got a new r350 [minime5] by javafan1
Dec 19, 2007 (1:29 pm)
Reply

Replying to: minime5 (Dec 19, 2007 10:46 am)

sure,
 
NY, MB of Manhattan.
#495 of 740
MB FINANCIAL LEASE OFFERS MAR 08? by gavin2000
Mar 06, 2008 (5:51 am)
Reply
Hi
 
any word on the money factors/residuals from MB on the R class 350 AWD for March 08 ? Also, any Dealer cashbacks etc?
 
I am trying to get the Cap cost under invoice on a lease, think there's a chance?
 
Thnx
#496 of 740
Re: MB FINANCIAL LEASE OFFERS MAR 08? [gavin2000] by spainhour66
Mar 07, 2008 (2:16 pm)
Reply

Replying to: gavin2000 (Mar 06, 2008 5:51 am)

This was the deal I received from MB of South Charlotte (NC) --
  
2008 R350 2WD
Pewter/Macadamia
P2 package
iPod kit
7 seat option
Panorama roof
6 CD changer
Heated seats
  
MSRP $53,420
Sale price $48,420
  
Sadly, I had a trade-in of a 2004 GMC Envoy XUV that was upside down (on a purchase no less) $3500, so I had to roll that back in. MB matched the Carmax price of $10,500 on the XUV and I owe $14,049 on it, so I felt that was fair.
  
When I went in to sign the deal, it turned out there was about an additional $1000 worth of "stuff" in the contract (taxes, doc fess, etc), so they ended up offering 1.25% (!) financing for 72 months, a payment of $772 with no money down. While I didn't like the "throw in" of that mystery $1000, I am thrilled with the 1.25% financing and love the car.
 
  
The lease they offered was for 33 months at $779.25 with an initial payment of $854.44. 15k miles, money rate .00025, residual 55% ($26,631).
  
While I liked the thought of a 33 month turn-in, I am a fairly high miles driver -- I averaged 19k miles per year on the Envoy. Thus, I went for the purchase deal.
 
I absolutely love my R class. The payment I ended up with was within $75 of the purchase payment I was being offered on a Buick Enclave CXL with less features -- GM's best rate was 5.9%, which kicked the monthly payment up there. I'm happy with my deal and look forward to a long relationship with MB and my R350.
 
Good luck!
#497 of 740
Re: MB FINANCIAL LEASE OFFERS MAR 08? [spainhour66] by vtraudt
Mar 08, 2008 (8:05 am)
Reply

Replying to: spainhour66 (Mar 07, 2008 2:16 pm)

gavin2000
 
MSRP $53,420
Sale price $48,420
 
Is my interpretation right? Sales price $48,420. Plus "Fees" $1,000. Trade in value $10,500. = Financed amount: $38,920.
Conditions: 1.25% for 72 months
Principle $540.56.
Interest: 1.25% per year for 6 years(mathematically: on 1/2 of the finance amount): 0.0125 x 6 x 38,920/2 = $1,459.50 total interest or $20.27 per month.
 
Total Principle + Interest: $560.83 per months.
 
What is wrong with my numbers?
#498 of 740
Re: MB FINANCIAL LEASE OFFERS MAR 08? [vtraudt] by gavin2000
Mar 08, 2008 (9:15 am)
Reply

Replying to: vtraudt (Mar 08, 2008 8:05 am)

HE actually owes 2500 on his old trade, so you need to ADD it ,then do the numbers.
 
They are correct.
 
FYI -- March MB lease numbers are posted at MBWORLD.ORG/forums
 
scroll down page to leasing forum.
 
R CLass numbers are worse than FEB!
#499 of 740
Re: MB FINANCIAL LEASE OFFERS MAR 08? [gavin2000] by spainhour66
Mar 10, 2008 (7:21 am)
Reply

Replying to: gavin2000 (Mar 08, 2008 9:15 am)

I OWED $14,000 on the trade in, so I was underwater $3500.
#500 of 740
Online lease quote by shermar76
Mar 21, 2008 (6:04 pm)
Reply
Hi All,
 
Can someone tell me if this lease offer I got is good
 
R350 4matic w\ premium 2 package
 
$3047 cash at signing includes all taxes, fees and first month payment
$498 / month
33 month 10,000 miles/year
 
Thank You for you help
#501 of 740
Re: Online lease quote [shermar76] by ocautoseeker
Mar 22, 2008 (1:17 am)
Reply

Replying to: shermar76 (Mar 21, 2008 6:04 pm)

How much of the $3047 is actually going towards your cap cost reduction/down payment?
 
Deal looks pretty solid at first glance, but I'd be happy to run the numbers for you as a second opinion.
 
What's the total MSRP? What's your local sales tax rate?

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