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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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#518 of 740
Re: April Money Factor on R [bknyc] by ocautoseeker
Apr 08, 2008 (11:55 pm)
Reply

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)
Reply

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)
Reply

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.
#521 of 740
Thx by medphreak
Apr 10, 2008 (5:20 am)
Reply
Thank you for your reply and the additional information. Very helpful.
#522 of 740
Re: Thx [medphreak] by ocautoseeker
Apr 11, 2008 (12:25 am)
Reply

Replying to: medphreak (Apr 10, 2008 5:20 am)

You're welcome - happy to help! Now, just get aggressive on the cap cost and you'll have yourself a great deal.
#523 of 740
Re: Thx [ocautoseeker] - knew nothing about the info in this thread by d_sire
Apr 12, 2008 (11:49 am)
Reply

Replying to: ocautoseeker (Apr 11, 2008 12:25 am)

Hi,
 
Looking for some advice. I've leased many cars before but mostly just took advantage of the best offers I saw advertised in the newspaper. I am now looking to lease an R-350 and again was looking at the current MBZ offer which is for a $45,425 msrp vehicle, $4054 out of pocket and $509 mo + tax.
 
After reading some of the previous posts this does not seem like such a great lease (all my other leases have been 0 out of pocket on infiniti, volvo and saabs). I live in Taos, NM and we have only one MBZ dealer in the state of New Mexico in Albuquerque so it's not like there's a lot of competition from other dealers either.
 
What would anyone suggest as being a good course of action so I get a lease I can feel good about? I'd like to keep my car payment around $550 mo.
Should I go to Albuquerque and just try and negotiate them down, or would I be better off going through some non-dealer, like a broker?
 
Any help is greatly appreciated. thanks in advance.
#524 of 740
Re: April Money Factor on R [ocautoseeker] by solsat
Apr 14, 2008 (6:58 am)
Reply

Replying to: ocautoseeker (Apr 09, 2008 11:45 pm)

Hi There,
 
I am in the market for buying a R350 AWD 4 matic and got a quote from a MD dealer at $509/month for the 33 months 10K miles without any down payments. The MSRP of the vehicle includeing the P2 pkg, 7 seat option, ipod integration etc is $53,760. Reading at the discussion forum, as you appear to be very knowledgable on this subject, would appreiciate seeking your comments and suggestions about this deal.
 
Thanks in advance.
#525 of 740
Re: April Money Factor on R [solsat] by d_sire
Apr 14, 2008 (7:42 am)
Reply

Replying to: solsat (Apr 14, 2008 6:58 am)

I am no expert but that sounds like a good deal to me. What's the name of the dealer maybe I'll hit them up and try and get the same deal.
Do you know what the residual is? And I am assuming you mean 10k miles a year?
#526 of 740
Re: April Money Factor on R [d_sire] by solsat
Apr 14, 2008 (11:47 am)
Reply

Replying to: d_sire (Apr 14, 2008 7:42 am)

It is EuroMotors of MD. The residual is .56%. Yes, it is 10K miles a year.
#527 of 740
Re: April Money Factor on R [solsat] by tleco
Apr 14, 2008 (11:54 am)
Reply

Replying to: solsat (Apr 14, 2008 6:58 am)

Something wrong things do not ADD UP
YOu can not lease aR350 with out any $$$ down for $509 a month
Tell me where and I will lease 10 cars
 
YOu can get 6% disocunt from MSRP and $2000 Mercedes cash. Total discount should be around $5000 from sticker.
Even with that - you can not get a$509 a month WITHOUT money down.
 
Mercedes figured very high on the residual to lease the car.
After 3 yrs, one can buy this used care for 40% of the original cost
 

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