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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: 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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Replying to: irishrogue1 (Oct 19, 2008 5:51 pm)
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Replying to: jprescott1 (Oct 20, 2008 4:22 am) |
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Replying to: irishrogue1 (Oct 20, 2008 2:19 pm)
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Replying to: mjf415 (Oct 20, 2008 3:34 pm)
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Replying to: irishrogue1 (Oct 21, 2008 7:01 am) |
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My 06 R350 lease is ending this month, and I will really miss the luxury and comfort of this truly amazing crossover vehicle. Our family had quite a few road trips, including numerous drives from Northern Cal to San Diego, ski trips to Lake Tahoe, and enjoyable jaunts along the Pacific coastline. The R350 is really a hidden jewel in MB's lineup, and those of us who have lived with this car have learned to appreciate its stellar features. Its a luxury vehicle in the true MB sense(not like the ML/GL SUV class), with a solid body for smooth quiet drives. Ours was loaded to the gills with almost every option, which is what we will really miss after the lease. I still get a kick every time I sit behind the wheel, knowing it is still a unique car that gets a lot of notice on the road. MBF is offering a buyout of around $29K, which includes all tax and fees. I started to negotiate with them, but the agent said they've already taken it down from the original residual, with no more room to go. It is a shame to let it go, since I only have around 19K miles on the odometer. My target is to get them down to under $22K, possibly even $20K, which would make it attractive when I calculate the total lease payment was only around $12K(really low mf and discounts in 2006 for a 27 months lease, and I used 1 pay lease to minimize my out of pocket cost). One concern I have about keeping this car is all the "gadgets" which will increase cost of ownership. I had no idea how expensive MB dealerships are until I paid $700+ for a "B" service, which is nothing more than an oil change with brake fluid recycle and tire rotation, along with the usual inspection and fluid top off. Any comments or suggestions on how to deal with MBF would be appreciated.
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