Last post on Sep 03, 2012 at 11:17 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz R-Class, Mercedes-Benz R63 AMG, Car Leasing, Wagon, SUV
#519 of 803 Re: April Money Factor on R [ocautoseeker]
Apr 09, 2008 (12:38 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 803 Re: April Money Factor on R [medphreak]
Apr 09, 2008 (11:45 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.
Apr 10, 2008 (5:20 am)
Thank you for your reply and the additional information. Very helpful.
Apr 11, 2008 (12:25 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 803 Re: Thx [ocautoseeker] - knew nothing about the info in this thread
Apr 12, 2008 (11:49 am)
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 803 Re: April Money Factor on R [ocautoseeker]
Apr 14, 2008 (6:58 am)
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 803 Re: April Money Factor on R [solsat]
Apr 14, 2008 (7:42 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 803 Re: April Money Factor on R [d_sire]
Apr 14, 2008 (11:47 am)
It is EuroMotors of MD. The residual is .56%. Yes, it is 10K miles a year.
#527 of 803 Re: April Money Factor on R [solsat]
Apr 14, 2008 (11:54 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
#528 of 803 Re: April Money Factor on R [tleco]
Apr 14, 2008 (1:27 pm)
I called the dealer and here's what they said:
R-350 no metallic paint, P2 package, approx $3000 down (depends on state taxes) and about $590 mo.
So if you can get the deal above with no money down you should do it in a hearbeat.. I would!