- #604 of 740
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Re: MSRP 53k Price 47k MF .00075 Res 56% 10k yr 33mo [shanchen72]
by shanchen72
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Jul 31, 2008 (10:16 am)
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Replying to: shanchen72 (Jul 30, 2008 8:35 pm)
BTW Does anyone know the current (today might be the last day) 3-mo payment promotion? How does it work? I have two payments left the dealer just told me that they will waive those which I don't think is much of a promotion at all.
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- #605 of 740
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new lease in ct
by costeljo
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Aug 04, 2008 (5:40 pm)
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Hi I am looking to lease a new 350 in ct, anybody have any guidance of best dealers to approach?
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- #606 of 740
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Re: new lease in ct [costeljo]
by pinerivergal
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Aug 06, 2008 (1:56 pm)
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Replying to: costeljo (Aug 04, 2008 5:40 pm)
From FL, I dealt with MB of North Olmsted, in Ohio. They beat anything local hands down b/c of large dealership volume. Everything done by email, fax, and they transported it by truck from port, accompanied by a sales rep.
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- #607 of 740
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Re: MSRP 53k Price 47k MF .00075 Res 56% 10k yr 33mo [shanchen72]
by lklein1
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Aug 08, 2008 (8:30 am)
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Replying to: shanchen72 (Jul 30, 2008 8:35 pm)
I called MB Finance and was hoping to get the $12,000 off buyout. They took about $10,000 off and I still needed to make the remaining payments. I told them I would buy it today if they waived the remaining payments (around $2000 lease is up Nov 21st), but they said no dice. I only have 18,000 miles on the car and can put 27,000 so I am thinking of buying it. I am due with my next child Nov 17th, a few days before lease is up and thinking I would just rather buy than deal with finding another car right now however I am not going to pay more than what the car is worth. I may call back Sept 1st and see if they changed their tune since I think they will have a ton of these coming in since they were practically giving these away when I got mine.
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- #608 of 740
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Re: MSRP 53k Price 47k MF .00075 Res 56% 10k yr 33mo [lklein1]
by rmbalisa
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Aug 08, 2008 (1:08 pm)
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Replying to: lklein1 (Aug 08, 2008 8:30 am)
shanchen, so lets say your buy out at the end of the contract was 35k and they were willing to sell it for 25k? if you dont mind, what were your numbers?
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- #609 of 740
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Re: MSRP 53k Price 47k MF .00075 Res 56% 10k yr 33mo [rmbalisa]
by lklein1
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Aug 08, 2008 (6:32 pm)
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Replying to: rmbalisa (Aug 08, 2008 1:08 pm)
My contract buyout was $38,000 and they said I could buy it for $28,000 plus remaining lease payments.
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- #610 of 740
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Re: MSRP 53k Price 47k MF .00075 Res 56% 10k yr 33mo [lklein1]
by rmbalisa
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Aug 08, 2008 (7:33 pm)
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Replying to: lklein1 (Aug 08, 2008 6:32 pm)
wow, thats not bad. my buyout is 32k after 33 months, but not due until 09/10. if it was reduced to 20k i might consider buying it...thanks for the info
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- #611 of 740
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$8000 incentive for AWD and $6000 for RWD
by pureautomobile
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Aug 10, 2008 (9:49 pm)
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Has anyone else confirmed that the current August '08 incentive on 2008 R-Class is only for purchases and not leases? Is this only regional? Has anyone in the West Coast (e.g. California) confirmed that the incentive is only good for purchases?
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- #612 of 740
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Re: MSRP 53k Price 47k MF .00075 Res 56% 10k yr 33mo [rmbalisa]
by shanchen72
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Aug 12, 2008 (6:31 am)
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Replying to: rmbalisa (Aug 08, 2008 1:08 pm)
Not sure what was the residual value but the 29.9k was already reduced by 12k. I guess it was a July deal. July was really the best time to get a used car. I mean, THIS July.
Anyway I got the document they sent me and looks like the offer was for end of the lease term as well, not the CURRENT value. I still have 2 months to go.
I have decided to get a new lease. Like the auto dimming mirrors, rearview cam, parking sensors, auto folding mirrors etc.
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- #613 of 740
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Re:lease buyouts
by irishrogue1
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Aug 14, 2008 (11:42 am)
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Replying to: lklein1 (Aug 08, 2008 6:32 pm)
interesting that MB is now offering $10k (maybe $12k??) discounts on the residuals - as recently as May, someone posted that they only offered a $4500 discount on an '06 24mo lease coming due. My 27 mos lease is up this fall with a $42k buyout. I suspect that the $10k adjustment will increase quite a bit in a few months as the '09s roll out.
May wholesale auction #s for R500s ranged from $27-29k. I tihnk it is safe to assume that fall wholesale #s will drop another 5-8% as the '09s come out - so MB finance lower buyouts to right around $25-30k - I suspect they will keep buy out prices $1-3k above wholesale on a model that has very little retail re-sale appeal to dealers - otherwise they risk losing money at auction - god knows the dealers wont want but one or two 3 yr old R500s on their lots....
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