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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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#511 of 740
Help me w/lease on R350 by hamom
Mar 30, 2008 (4:47 am)
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Hi..I am looking at a 33 mo lease, 15K miles a year, P2 package...6 passenger seating,. I want to do no money down...accept fees and taxes. I live in NJ...what is a "good" deal for this. We went to Prestige in Paramus yesterday and they are giving me numbers tomorrow...based on April numbers since that is when we would be "doing the deal". Can someone help with where my numbers should be to be considered a "good deal".. Thank you!
#512 of 740
Re: Help me w/lease on R350 [hamom] by ocautoseeker
Mar 30, 2008 (4:27 pm)
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Replying to: hamom (Mar 30, 2008 4:47 am)

Tell me what the exact MSRP is and what your local sales tax rate is, and I'll run some numbers.
#513 of 740
Re: Help me w/lease on R350 [ocautoseeker] by hamom
Mar 31, 2008 (3:24 am)
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Replying to: ocautoseeker (Mar 30, 2008 4:27 pm)

msrp: 44,600...not including desitination or any of that
p2: 7,850
Leather: 2,200
2nd row console: 410
heated front seats: 710
 
NJ Sales tax is 7%
 
Thank you!
#514 of 740
Re: Help me w/lease on R350 [hamom] by ocautoseeker
Mar 31, 2008 (11:05 am)
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Replying to: hamom (Mar 31, 2008 3:24 am)

Assuming this vehicle does NOT have metallic paint, the total MSRP should be $56,595 and carries and invoice of ~$53,000. A cap cost of invoice should be easily negotiated plus, Mercedes is offering an additional $2,000 in lease cash incentive. Thus, you should have an adjusted cap cost around $51,000.
 
Mercedes has a $795 lease acquisition fee that can either be paid upfront or rolled into your lease payments. This vehicle carries a 55% residual based on 15k annual miles and has a buy rate money factor of .00065 for the 33 month term you specified.
 
w/o acqusition fee: $655.59 + 45.89 (tax) = $701.48/mo
 
w/acqusition fee: $680.20 + 47.61 (tax) = $727.81/mo
#515 of 740
Re: Help me w/lease on R350 [ocautoseeker] by spainhour66
Mar 31, 2008 (12:53 pm)
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Replying to: ocautoseeker (Mar 31, 2008 11:05 am)

OR ... you could buy it outright for 1.25% like I did with virtually the same monthly payment and not worry about 15K miles per month and re-upping in 33 months. And on a purchase you should be able to negotiate down to $51,000 easily -- if not lower. It wouldnt hurt to ask what their rates are for purchase. I was quoted 1.9% and negotiated down to 1.25%. That's practically free money in my book.
 
It's a fantastic car -- whetever you decide to do (buy or lease), you are going to love your R-class. Good luck!
#517 of 740
April Money Factor on R by bknyc
Apr 03, 2008 (3:56 am)
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Replying to: spainhour66 (Mar 31, 2008 12:53 pm)

Did the $ factor change for April on the Rs and what is it? Is there a pull forward program for the R?
#518 of 740
Re: April Money Factor on R [bknyc] by ocautoseeker
Apr 08, 2008 (11:55 pm)
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Replying to: bknyc (Apr 03, 2008 3:56 am)

2008 R350 RWD
 
Best term:
 
33 Mo - Residual 56% - .00035
 
2008 R350 4-Matic
 
33 Mo - Residual 58% - .00055
 
You'll have to contact Mercedes-Benz of North America about early termination options. 1-800-367-6372
#519 of 740
Re: April Money Factor on R [ocautoseeker] by medphreak
Apr 09, 2008 (12:38 pm)
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Replying to: ocautoseeker (Apr 08, 2008 11:55 pm)

I was curious where you found these numbers. The factors published on another website for April were:
 
2008 Mercedes R320 CDI RWD Wagon
36 Month – Residual 52% of MSRP – .00135 Base Rate
 
2008 Mercedes R350 RWD Wagon
36 Month – Residual 50% of MSRP – .00065 Base Rate
 
2008 Mercedes R350 4matic Wagon
36 Month – Residual 51% of MSRP – .00085 Base Rate
 
Thanks. I have been circling the R for a while....waiting for the factors to bottom.
#520 of 740
Re: April Money Factor on R [medphreak] by ocautoseeker
Apr 09, 2008 (11:45 pm)
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Replying to: medphreak (Apr 09, 2008 12:38 pm)

First, I work with a few different leasing sources and am privy to this type of information. Second of all, the numbers I showed you are based on MBC's best rates and term for the month of April.(33mo/10k annual miles).
 
The numbers you posted are correct for 36mo/15k annual miles, but not for 33 mo. MBC currently utilizes the 24 mo money factor for their 33 mo terms.
 
If you want to alter your annual mileage allowance, you need to adjust the residual. For my posted numbers, you'd need to subtract 3% for 15k and 1% for 12k.

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