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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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#55 of 740
Re: money factor [zaheer] by neazie4
Apr 22, 2006 (5:19 pm)
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Replying to: zaheer (Apr 04, 2006 4:08 pm)

Zaheer, I am going for my 3rd MB lease. Leased the ML twice. I know they are offering to give repeat customers 2 months free lease. How do I negotiate this along with the $9,000 discount. Would really like to keep my lease under 550, with 15k miles, 27 months, etc. Thanks for the info.
#56 of 740
Re: money factor [neazie4] by zaheer
Apr 23, 2006 (6:41 am)
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Replying to: neazie4 (Apr 22, 2006 5:19 pm)

Hi Neazie4,
My dealer is located in Northern California (MB of Oakland). I plugged in the numbers in the "Ad Car" from mbusa.com and modified the miles (15k vs 10K) and the discount ($9k vs $6,668.32) the cap reduction (0 vs $1,100) and came up with the following:
 
MSRP - $54,175
Sales Price - $45,175
Cap Reduction - 0
Miles per year - 15k
Residual - 70% - $37,922.50
Money Factor - .00285
Term - 27 months
Monthly Depreciation - 268.61
Monthly Rental Charge - $236.83
Total Monthly Payment with 8.75% Tax - $549.66
Total Drive-off - DMV + $795 (Lease Inception) (assuming 2 months free)
 
I don't know what the sales tax rate is in the county you are in in NJ (I used 8.75%), so your final payment may vary slightly.
 
Call MB Financial and confirm that the 2 months free offer does not affect any of the discounts offered by dealers (it shouldn't). Ask them if it will be handled through the Lease Agreement or as a separate transaction. I would negotiate the above terms first with the dealer without mentioning the 2 months free offer thru MB Financial. When you are ready to sign the Lease Agreement, get MB Financial involved. Good luck!
 
                               Zaheer
#57 of 740
Re: Any new R350 deals since 3/31? [neazie4] by mishmash1
Apr 23, 2006 (4:19 pm)
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Replying to: neazie4 (Apr 22, 2006 5:10 pm)

Neazie4,
 
  I believe this site asked us not to post dealer names. It won't be a problem to find them. They are the largest and only MB dealer on an island close to NJ.
 
mash
#58 of 740
Ahem.. by kyfdx HOST
Apr 23, 2006 (6:29 pm)
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You may include the dealership name, city and state in your post. Please do not post names of salespeople, telephone numbers, email addresses, or other contact information.
#59 of 740
how do I figure out this deal by sheilaguarino
Apr 24, 2006 (5:11 pm)
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I'm dealing with Prestige in Paramus...the salesperson was rushed ??? and at the end of his day so I only walked away with preliminary info as follows: On the 2006 R. With the exact specs on edmunds I got a TMV of 52,071. How or can I use this info to work a better deal with this dealership?
 
Sale price $55362
leased for 695/mo
27 mo lease
12k
 
Any thoughts
 
I have a leased 2004 ml with nav and 3rd row that i have to make 7 more payments of 625 to MB Financial(4375 total)
 
Do I wait to finish out this lease ( I can't determine the Money Factor even with all my documentation- with which I could use help)? Or take advantage of the R's current situation??
 
I'm lost, but determined to figure this out if you can help.
#60 of 740
Re: how do I figure out this deal [sheilaguarino] by neazie4
Apr 24, 2006 (5:34 pm)
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Replying to: sheilaguarino (Apr 24, 2006 5:11 pm)

That is too high. You can def. negotiate a better price. I am assuming that was with the premium package.
#61 of 740
Re: how do I figure out this deal [neazie4] by sheilaguarino
Apr 25, 2006 (10:49 am)
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Replying to: neazie4 (Apr 24, 2006 5:34 pm)

It didn't even have the premium package! This is what is included: rear console, 18" wheels, panoramic sun roof rear air bags, parktronic,comfort package, heating Package
power tailgate open/close.
 
How should I procede? Thank you so very much for any help you can offer.
#62 of 740
mb lease incentives by sheilaguarino
Apr 25, 2006 (12:26 pm)
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I just got off the phone with mb financial and in order to get 2 months of payments paid by mb financial, your existing lease would have to expire no later than 12.31.06-I am bummed because my lease matures 1/7/07.. :mad: ..of course!
#63 of 740
follow up on lease incentive by sheilaguarino
Apr 25, 2006 (2:36 pm)
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The loyalty lease acceleration incentive is only good if you are currently in a c or m and rolling into another as well.
#64 of 740
Does 27 months really mean 27 months? by rclassfan
Apr 29, 2006 (1:53 pm)
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I just did the standard R-class standard 27 month lease. Unfortunately I just noticed that they put the end date on 07/01/2008 instead of 07/28/20008, giving me usage of only 2 days for the first month, yet indicating I am paying the entire amount each month and the next payment being due in two days. Is this normal?
 
Did the dealership rip me off, or will I get an adjustment on the first invoice?
 
The lease says the scheduled term is 27 months so in a sense is internally inconsistent.

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