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Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
740 messages, Last post on Aug 11, 2009 at 1:52 AM
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Replying to: lklein1 (Oct 08, 2008 7:26 am) |
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| I've called a couple of times and they quoted a 6.99% interest rate. Anyone getting anything different? I think by the end of the month the dramatic drop-off in sales will motivate them. | |
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Anyone attempted to continue their lease or renegotiate payments based on residuals? What are some of the "typical" offers on the '08 and '09 R350's? My lease is due Nov 18th. Wouldn't mind holding on to the car, but also would obv roll into a new one if the deal is good. Current lease payment on 06 R350 P1 pkg is $595/mo incl tax (PA) 10k annual miles (slightly over there). Any recent experience? |
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As a comparison to using auction results to negotiate lease buyouts, I just bought an 08 R350 4M from a NJ auction. It was a MB executive lease return. It has only 3,800 miles, P2 package, no panoramic roof, showroom condition, and paid $31, 250. Good deal?
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Replying to: mersee (Oct 15, 2008 8:38 am)
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Replying to: irishrogue1 (Oct 15, 2008 9:52 am)
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Replying to: mersee (Oct 15, 2008 5:34 pm) |
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A dealer today in CT told me the interest rates to lease an '08 R350s was 9% while the rates on an '09 are ~ 4.5%. I'm looking for an '08 and the associated $9,000 dealer incentives but if the interest rates through Mercedes Benz really are that high I may reevaluate. Can anyone confirm this info? By the way, my R500 is coming off lease next month and they quoted me a buyout of $28,100 with 22,000 miles. If I extend the lease for another year they want to RAISE my payment from a little over $600 to $697. Thanks for any help you can offer.
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Replying to: mjf415 (Oct 18, 2008 2:59 pm)
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Replying to: jprescott1 (Oct 19, 2008 5:20 pm) for whatever reson i thought that my lease was up next month...it is actually not up ti mid Jan. I have a 42k buyout (27mo lease) based on a 63k msrp. i hope to have updated auction #s to post tomorrow so you all can call and know exactly what they are selling for.... shooting for a buyout a grand or two over auction prices seems reasonable...
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