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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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What is this discussion about? Mercedes-Benz R-Class, Mercedes-Benz R63 AMG, Car Leasing, Wagon, SUV


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#551 of 740
R deal by bknyc
May 16, 2008 (9:24 am)
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Just got $629 p/month including NJ tax of 7% for an 08' R 350 4 matic- 33 months w/ 10k miles.....Obsidian Black, P2, Ipod, Pano rf, Heated seats, Rear side sun shades and 6 seater- list $55,370. $1873 out of pocket (1st month registration/tags) also includes paying off last 2 months of my 06' R at $645 p/m ($1290)
 
Sounds pretty good...Pls advise.
 
Thanks
#552 of 740
Re: R deal [bknyc] by irishrogue1
May 22, 2008 (1:42 pm)
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Replying to: bknyc (May 16, 2008 9:24 am)

assuming you did a 24mo lease on your '06, you would have gotten in on the great discounts so that your $645mo payment would have been for a well optioned R500 with no money down. Why on earth wouldnt you have negotiated your buy out on the 500 rather than ponying up more cash for a 350 (at least you should have gotten the 320) with $500 up front (not including 1st mo and $795 acq) what am i missing??
 
i have an '06 R500 (MSRP $64k) leased for 27mos at the height of the rebates/incentives/discounts - $520 mo. inc. sales tax, zero down other than 1st month/$795 lease acq + $900 shipping from Calif to VA.
 
my buy out is around $36k....i expect retail prices by fall to be under $30k....prices are already at $30-34k...the reality is that no MB dealer is going to want these off lease cars back on the lot. they couldnt sell them the first time and they wont be able to sell them a 2d time....
#553 of 740
Re: R deal [irishrogue1] by bknyc
May 28, 2008 (3:24 am)
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Replying to: irishrogue1 (May 22, 2008 1:42 pm)

Didn't get the car yet...still negotiating. Got the dealer down to $609 p/m w/ $600 due at inception, Not an option to buy the 06', called MB Financial and they want $34k (way to much).
 
Wish there was a greater program on this car or even something else out there to buy. Also have an 08' E350 4matic and an 07' CLK 550 Cab...always been a Mercedes fan but this time I might have to find something else.
 
Thoughts?
#554 of 740
Just a Feedback.... by shermar76
May 28, 2008 (5:03 am)
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Hi, I just want a feedback on this deal I got on a white R Class 4matic, P2 with ipod integration, 6 cd changer, 7 passenger option and heated seats, MSRP 55,460. Now the deal is 1750 for fees, 568/month includes NJ taxes 7% for 33 month and 10K/year, also I have the option to add $18 more a month and get 12K/yr instead of 10 which I think I will do.
Any feedback is really appreciated.
#555 of 740
Re: Just a Feedback.... [shermar76] by bknyc
May 28, 2008 (5:55 am)
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Replying to: shermar76 (May 28, 2008 5:03 am)

Sounds like a very good deal...What dealer?
#556 of 740
Re: Just a Feedback.... [bknyc] by shermar76
May 28, 2008 (6:46 am)
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Replying to: bknyc (May 28, 2008 5:55 am)

MB of Manhattan.....Thank You
#557 of 740
Re: R deal - lease extension? [bknyc] by whitdog
May 28, 2008 (7:31 am)
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Replying to: bknyc (May 28, 2008 3:24 am)

I'm coming due in Nov to turn in my '06 r350 lease - $595/mo all in, 10K miles/yr. (I'll be over ...)
 
Anyone worked out a lease extension? I've heard it's possible with MBFin, but the dealers will tell you it's not since they want to sell you into a new car. Love to know any details or strategies!
#558 of 740
Re: R deal - lease extension? [whitdog] by bknyc
May 28, 2008 (8:05 am)
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Replying to: whitdog (May 28, 2008 7:31 am)

Called MB on the lease extention...said "the payments go up but would discount the purchase by $4500 and want to move the cars off their books so the incentive is to buy not extend"
#559 of 740
Re: R deal [bknyc] by irishrogue1
May 28, 2008 (8:23 am)
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Replying to: bknyc (May 28, 2008 3:24 am)

BKNYC,
 
they want $34k for your '06 R500? what was the orig sticker? what is your stated lease buy out ( im thinking it is $34k...)? Are you getting out early or is your lease up?
 
that price looks to be close to retail for an '06 R500 from dealers looking to move those cars off the lot. with a sagging economy, i suspect that prices will be headed towards $25-28k by mid summer. I dont think that $34k for a 2 yr old R500 is a bad price...it likely stickered for $58-64k 2 years ago. with all the cash off towards the end of '06, you could have purchased it for $45 - 48k.
 
perhaps try calling MB and inquire about extending your lease by 3 -6 months. see what monthly payment they offer and what it does to the residual buy out. i really do not think that any dealers want these used Rs on their lot right now and MB must know that.
#560 of 740
Re: R deal - lease extension? [bknyc] by irishrogue1
May 28, 2008 (8:26 am)
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Replying to: bknyc (May 28, 2008 8:05 am)

sorry, i didnt see this before i posted....do you mean they raise the monthly lease payment and reduce the residual buy out by $4500? how long is the extension? what was the monthly increase amount?

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