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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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#530 of 740
Re: April Money Factor on R [ocautoseeker] by solsat
Apr 14, 2008 (9:01 pm)
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Replying to: ocautoseeker (Apr 14, 2008 1:48 pm)

I will get and share that information with you. Thanks for the comments!
#531 of 740
Re: April Money Factor on R [solsat] by solsat
Apr 16, 2008 (9:13 pm)
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Replying to: solsat (Apr 14, 2008 9:01 pm)

Here is what the delear said about the deal:
 
Capcost: $53,460 (the msrp)
Residual value at the end of the term: 59%
Down payment:$0 (it is all covered by the discounts)
All I will be paying from the second month is the $509 + 3% VA tax per month.
 
Would appreciate your comments on these details
#532 of 740
Re: April Money Factor on R [solsat] by ocautoseeker
Apr 17, 2008 (3:49 am)
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Replying to: solsat (Apr 16, 2008 9:13 pm)

Those numbers don't add up. There is no way they can cap the cost of that vehicle at $53,760 with it's current residual and mf and get you to that payment on a 33mo/10k term (with nothing down/cap cost reduction).
 
With current MBC numbers on this vehicle, the dealer would need to cap the cost (sell you the car) at around $44,900. Then, for $0 drive off's, your first mo, dmv's and acqusition fee would need to be rolled in, giving you an adjusted cap cost of around $46,600. This would yield payments right around $509/mo + tax.
 
Something is amiss here.
 
Perhaps there was just a misunderstanding on either your's or the dealer's part?
 
The only other thing I can think of is if your dealer is offering a lease special specific to his own dealership. Regardless though, if you sign paperwork that gets you to that payment based on the terms/mileage you're expecting, it's a phenominal deal. I'd just like to see how they're structuring it.
 
With tax, you'd be at ~$525/mo OTD. That's a solid lease on $54k automobile, especially with nothing out of pocket.
#533 of 740
Re: April Money Factor on R [ocautoseeker] by kyfdx HOST
Apr 17, 2008 (8:53 am)
Reply

Replying to: ocautoseeker (Apr 17, 2008 3:49 am)

That's a solid lease on $54k automobile
 
That would be an understatement...
 
Re: VA tax... It's 3% on the whole car, not the payment, I'm pretty sure... That would make the tax about $45-$50 per month...
#534 of 740
Re: April Money Factor on R [kyfdx] by ocautoseeker
Apr 17, 2008 (5:43 pm)
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Replying to: kyfdx (Apr 17, 2008 8:53 am)

Oh, that's right!! VA is one of those states where the tax the entire gross cap.
#535 of 740
Re: April Money Factor on R [ocautoseeker] by tonycappuccino
Apr 23, 2008 (3:48 pm)
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Replying to: ocautoseeker (Apr 17, 2008 5:43 pm)

Where is the best place to lease a R350 ny/nj area?
#536 of 740
Re: April Money Factor on R [tonycappuccino] by ocautoseeker
Apr 24, 2008 (5:35 pm)
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Replying to: tonycappuccino (Apr 23, 2008 3:48 pm)

If you're asking which dealer - I have no idea as I live 3000 miles away from you. However, once you find what you're looking for, I'm happy to help advise on any numbers they give you.
#537 of 740
April or May?? by medphreak
Apr 27, 2008 (11:08 am)
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Hello all -
 
I have been reading the board carefully and am ready to pull the trigger on a new R class in the next week or two.....if the local dealership can find a car close to what I'd like.
 
The current lease and purchase rates look great, but does anybody know what might be in store for May? I know that nobody has a crystal ball, but the money factors on the R have been dropping steadily this year and the current incentives end on April 30.
 
Also, does anybody know if there are any factory to dealer incentives right now?
 
Thanks for all of the information here....and thanks for any and all replies!!!!!!
#538 of 740
Where is the best place to lease R350 in So Cal? by cooler3
Apr 30, 2008 (1:25 pm)
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Where is the best place to lease R350 in So Cal? I live in San Diego area and am looking for a dealership with best lease price around San Diego and Los Angeles area. Anyone around here?
#539 of 740
Re: Where is the best place to lease R350 in So Cal? [cooler3] by ocautoseeker
Apr 30, 2008 (3:57 pm)
Reply

Replying to: cooler3 (Apr 30, 2008 1:25 pm)

Start with dealer's that are close too you. Find a vehicle you like, then report back the specs and we can give you an idea of what you should pay.

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