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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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#560 of 740
Re: R deal - lease extension? [bknyc] by irishrogue1
May 28, 2008 (8:26 am)
Reply

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?
#561 of 740
Re: R deal - lease extension? [irishrogue1] by irishrogue1
May 28, 2008 (8:31 am)
Reply

Replying to: irishrogue1 (May 28, 2008 8:26 am)

i just checked my paperwork...my '06 R500 msrp was $62k. resid is 67% for a 27mo lease (10k yr). my buyout in Dec is $42k...
#562 of 740
Re: R deal [irishrogue1] by bknyc
May 28, 2008 (8:49 am)
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Replying to: irishrogue1 (May 28, 2008 8:23 am)

Mine is an 06'R350. $38.5k is the residual and $34k is what MBF said I can buy the car for. To extend my lease MBF told me the payments would actually go up from $645 to $670...so that doesn't make sense either....
#563 of 740
Re: R deal [bknyc] by irishrogue1
May 28, 2008 (9:48 am)
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Replying to: bknyc (May 28, 2008 8:49 am)

i agree that price is high by a few thousand. you are still at the front of the curve on Rs coming off lease. as the incentives improved later in '06, more units moved. i have to think that they are going to negotiate more by end of summer/fall as more units come off 24/27mo leases - particularly if the earlier off lease cars are still sitting on dealer lots....a quick look around and most dealers have very very few 'used 06s....if they offered $4500 off initially, why not go back and offer them $30k and see what happens...
#564 of 740
Re: R deal [irishrogue1] by bknyc
May 28, 2008 (11:07 am)
Reply

Replying to: irishrogue1 (May 28, 2008 9:48 am)

Thanks for the info...still think $30k might be too much unless of course I planned on keeping the car for the next several yrs. Best bet might be to just start over again w/ an 08' in July when my lease is up.
#565 of 740
Re: R deal [bknyc] by irishrogue1
May 28, 2008 (12:14 pm)
Reply

Replying to: bknyc (May 28, 2008 11:07 am)

certainly if you want to get into a new car in another year or two then it probably does not make sense to buy the R at lease end at market value since the market for these is always going to be very soft. IF the R had a poor residual up front and later turned out to be a strong seller and therefore strong reseller, it would make sense to buy it.
 
this probably doesnt work for you given the stable of new MBs you have....but to put the R350 in a different light...at $30k would you rather own a 2yr old R350 with 24k miles or a new chrysler pacifica? with pretty decent reliability so far, i would take the R in a heartbeat...
 
i would buy my '06 R500 for $32-34k right now. and i expect to buy it in the late fall at lease end hopefully for high 20s....
#566 of 740
R350/500 wholesale prices by irishrogue1
May 29, 2008 (12:37 pm)
Reply
Here are reported wholesale auction prices for 2006 Rs that recently sold (mileage, color and condition are noted).
 
I am not sure how the factory gets dealers to take off lease cars and prices them, but assuming that a dealer didnt want the car and put it to auction it would only fetch mid to high 20s....(strange that there are no reported 350s coming through the manheim auction PA).
 
R350's
05/14/08 ATLANTA Lease $28,750 22,344 Above OBS BLK 6G A Yes
05/14/08 ATLANTA Lease $26,250 32,357 Avg PEWTR 6G A Yes
05/14/08 ATLANTA Lease $25,000 49,359 Avg PEWTR 6G A Yes
05/13/08 ST LOUIS Lease $24,500 8,775 Below ALP RAN 6G A No
05/13/08 RIVRSIDE Lease $27,100 26,240 Avg BLK 197 6G A Yes
05/13/08 DFW Lease $25,000 26,863 Avg ALB WHT 6G A Yes
05/13/08 DFW Lease $25,000 18,870 Avg PEWTR 6G A Yes
05/09/08 MANHEIM Lease $26,750 29,551 Avg BLACK 6G A Yes
05/08/08 RIVRSIDE Regular $28,000 29,629 Above BLACK 6G A Yes
05/08/08 RIVRSIDE Lease $27,500 14,681 Avg BLACK 6G A Yes
05/08/08 RIVRSIDE Lease $26,750 26,960 Avg ALP RAN 6G A Yes
05/08/08 RIVRSIDE Lease $26,750 13,121 Avg PEWTER 6G A Yes
05/08/08 RIVRSIDE Lease $26,250 23,295 Avg ALP RAN 6G A Yes
05/08/08 RIVRSIDE Lease $26,000 22,708 Avg PEWTER 6G A Yes
05/08/08 RIVRSIDE Lease $26,000 12,739 Avg IRI SIL 6G A Yes
05/08/08 RIVRSIDE Lease $25,750 28,103 Avg BLACK 6G A Yes
05/08/08 RIVRSIDE Lease $25,250 24,025 Avg PEWTER 6G A Yes
05/08/08 RIVRSIDE Lease $24,750 26,736 Below PEWTER 6G A Yes
05/08/08 RIVRSIDE Lease $24,750 22,483 Below PEWTER 6G A Yes
05/08/08 RIVRSIDE Lease $24,750 17,450 Below ALP RAN 6G A Yes
05/08/08 RIVRSIDE Lease $24,500 26,168 Below IRI SIL 6G A Yes
05/08/08 RIVRSIDE Lease $24,250 33,177 Below PEWTER 6G A Yes
05/08/08 RIVRSIDE Lease $24,250 25,670 Below BLACK 6G A Yes
05/08/08 RIVRSIDE Lease $23,750 23,451 Below BLACK 6G A No
05/08/08 RIVRSIDE Regular $23,500 14,784 Below BLACK 6G A No
05/07/08 W PALM Lease $30,000 23,359 Above OBS BLK 6G A No
05/07/08 W PALM Lease $27,750 27,999 Avg ALP RAN 6G A Yes
05/07/08 W PALM Lease $27,000 28,910 Avg ALP RAN 6G A Yes
05/07/08 DALLAS Lease $27,000 22,844 Avg WHITE 6G A Yes
05/06/08 ST LOUIS Lease $28,250 27,128 Above ALB WHT 6G A Yes
05/06/08 ST LOUIS Lease $28,250 18,922 Above PEWTR 6G A Yes
05/06/08 ST LOUIS Lease $28,000 28,897 Above BLK 6G A Yes
05/06/08 ST LOUIS Lease $27,500 26,959 Avg OBS BLK 6G A Yes
05/06/08 ST LOUIS Lease $27,250 19,569 Avg OBS BLK 6G A Yes
05/06/08 ST LOUIS Lease $27,250 16,374 Avg IRI SIL 6G A Yes
05/06/08 ST LOUIS Lease $26,750 24,197 Avg MAROON 6G A Yes
05/06/08 ST LOUIS Lease $26,500 25,851 Avg ALP RAN 6G A Yes
05/06/08 ST LOUIS Lease $26,500 21,549 Avg BLK 6G A Yes
05/06/08 ST LOUIS Lease $26,250 27,794 Avg OBS BLK 6G A Yes
05/06/08 ST LOUIS Lease $26,000 33,181 Avg BLK 6G A Yes
05/06/08 ST LOUIS Lease $25,750 40,679 Avg BLK 6G A Yes
05/06/08 ST LOUIS Lease $25,750 27,647 Avg PEWTR 6G A Yes
05/06/08 ST LOUIS Lease $25,750 24,988 Avg IRI SIL 6G A Yes
05/06/08 ST LOUIS Lease $25,500 30,806 Avg IRI SIL 6G A Yes
05/06/08 ST LOUIS Lease $25,500 26,822 Avg PEWTR 6G A Yes
05/06/08 ST LOUIS Lease $24,750 43,609 Below IRI SIL 6G A Yes
05/06/08 ST LOUIS Lease $24,750 29,462 Below IRI SIL 6G A Yes
05/06/08 ST LOUIS Lease $24,500 27,839 Below BLK 6G A Yes
05/06/08 ST LOUIS Lease $24,250 45,635 Below CPR BLU 6G A Yes
05/06/08 FAAO Regular $28,900 18,625 Above GOLD 6G A Yes
Copyright © 1996-2008 Manheim Auctions
 
R500's
04/22/08 STATESVL Regular $28,700 34,489 Avg SILV 8G A Yes
04/23/08 MILWAUKE Lease $25,750 16,481 Below PEWTR 8G A No
04/24/08 RIVRSIDE Lease $28,750 35,890 Avg IRI SIL 8G A Yes
04/25/08 MANHEIM Regular $30,500 37,867 Above WHITE 8G A Yes
04/25/08 MANHEIM Regular $29,800 26,922 Above BLACK 8G A Yes
04/30/08 KC Regular $26,600 39,146 Avg BLACK 8G A Yes
04/30/08 ATLANTA Lease $26,500 33,851 Avg ALP RAN 8G A Yes
05/01/08 MANHEIM Regular $30,800 27,188 Above BLACK 8G A Yes
05/01/08 MANHEIM Lease $28,000 29,866 Avg PEWTR 8G A Yes
05/01/08 MANHEIM Regular $28,000 26,974 Avg PEWTER 8G Yes
05/01/08 MANHEIM Lease $26,000 40,269 Below IRI SIL 8G A Yes
05/02/08 MANHEIM Regular $30,750 26,644 Above WHITE 8G A Yes
05/02/08 MANHEIM Regular $29,700 34,263 Above BLACK 8G A Yes
05/06/08 ST LOUIS Lease $29,250 11,674 Avg BLK 8G A Yes
05/06/08 ST LOUIS Lease $28,750 22,960 Avg PEWTR 8G A Yes
05/06/08 ST LOUIS Lease $27,750 25,946 Avg ALB WHT 8G A Yes
05/07/08 W PALM Lease $27,750 19,809 Avg CPR BLU 8G A Yes
05/07/08 NADE Regular $27,250 47,156 Avg SILVER 8G A Yes
05/08/08 RIVRSIDE Lease $25,000 69,387 Below BLACK 8G A Yes
05/08/08 DFW Lease $26,500 34,813 Avg BLACK 8G A Yes
05/08/08 AWS Regular $32,000 32,627 Above Gray 8CY A No
05/09/08 MANHEIM Regular $28,900 30,917 Avg BLACK 8G Yes
05/14/08 SEATTLE Lease $27,000 27,620 Avg IRI SIL 8G A Yes
05/14/08 SEATTLE Lease $25,500 33,063 Below PEWTR 8G A Yes
05/14/08 ATLANTA Lease $28,500 21,721 Avg IRI SIL 8G A Yes
05/14/08 ATLANTA Lease $27,250 23,546 Avg PEWTR 8G A Yes
05/15/08 MANHEIM Lease $28,750 34,056 Avg IRI SIL 8G A Yes
05/15/08 MANHEIM Lease $28,500 27,581 Avg ALB WHT 8G A Yes
05/15/08 MANHEIM Lease $27,750 40,085 Avg BLACK 8G T Yes
05/15/08 MANHEIM Lease $27,000 34,741 Avg PEWTR 8G T Yes
05/16/08 MANHEIM Regular $25,000 55,466 Below BLACK 8G A Yes
05/20/08 FAAO Lease $29,500 16,265 Avg IRI SIL 8G A Yes
05/20/08 FAAO Lease $28,750 34,716 Avg ALB WHT 8G A Yes
Copyright © 1996-2008 Manheim Auctions
#567 of 740
Re: R350/500 wholesale prices [irishrogue1] by bknyc
Jun 02, 2008 (5:43 am)
Reply

Replying to: irishrogue1 (May 29, 2008 12:37 pm)

Thx for the info. Going to wait until June's #'s come out and probably will lease again
#568 of 740
June Lease/Money factors by bknyc
Jun 03, 2008 (2:00 pm)
Reply
Did they come out yet and are they better?
#569 of 740
Re: June Lease/Money factors [bknyc] by ocautoseeker
Jun 06, 2008 (6:54 pm)
Reply

Replying to: bknyc (Jun 03, 2008 2:00 pm)

2008 Mercedes R350
24 M – Residual 56% of – .00050
36 M – Residual 48% of – .00080
48 M – Residual 36% of – .00080
 
2008 Mercedes R350 4matic
24 M – Residual 58% of – .00065
36 M – Residual 49% of – .00095
48 M – Residual 37% of – .00095
 
Programs are for 15k annual miles. Add 2% for 12k, and 3% for 10k.

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