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Mercedes-Benz R-Class Lease Questions

740 messages, Last post on Aug 11, 2009 at 1:52 AM
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Replying to: zaheer (Apr 04, 2006 4:08 pm)
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Replying to: neazie4 (Apr 22, 2006 5:19 pm) 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 |
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Replying to: neazie4 (Apr 22, 2006 5:10 pm) 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 |
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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. | |
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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.
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Replying to: sheilaguarino (Apr 24, 2006 5:11 pm)
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Replying to: neazie4 (Apr 24, 2006 5:34 pm) power tailgate open/close. How should I procede? Thank you so very much for any help you can offer. |
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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 |
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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. | |
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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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