Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
740 messages, Last post on Aug 11, 2009 at 1:52 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: irishrogue1 (Oct 21, 2008 7:01 am) |
|
|
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.
|
|
|
|
|
Replying to: cary28 (Oct 21, 2008 11:38 am) It might be helpful to get the best price from MBF to offer cash - if MBF has to finance, they are looking at credit risk and tying up capital that they would rather use for new car sales.... I think everyone calling MBF needs to push to speak to someone higher up the food chain than the basic leasing representative. I emailed them for payoff options yesterday from my MBF online account. Ill let you know what I hear when they respond....
|
|
|
Replying to: irishrogue1 (Oct 21, 2008 12:01 pm) Its going to be tough walking away from so many toys built into this car! |
|
|
|
|
they are trying to pull one over on you.....yes they already have significantly discounted the residual quite a bit but they KNEW that they were creating situations where the residuals would be much higher than actual market values when they discounted the capitalized cost of the lease by $10-16k 2 yrs ago. dont forget that residual values are based on msrp not the discounted capitalized cost. the reality is that this model didnt sell new and is selling even worse used...we are talking depreciation from msrp of around 60% in 2 years. we need to keep hitting them over the head with auction values...they have to make rational choices at some point....
|
|
|
Replying to: irishrogue1 (Oct 21, 2008 1:36 pm)
|
|
|
|
|
Replying to: mjf415 (Oct 21, 2008 2:44 pm) |
|
|
|
|
it looks like $25-26k for an above avg, low mileage, well optioned R500...so MBF SHOULD be quite happy to get $26-28k on a buyout regardless of what how much they have to discount your buyout. 06' MB R500 09/22/08 RIVRSIDE Lease $23,750 29,674 Avg PEWTER 8G A Yes 09/22/08 RIVRSIDE Lease $23,250 23,955 Avg PEWTR 8G A Yes 09/22/08 RIVRSIDE Lease $23,250 21,915 Avg PEWTER 8G A Yes 09/22/08 RIVRSIDE Lease $23,000 25,979 Avg IRI SIL 8G A Yes 09/22/08 RIVRSIDE Lease $23,000 21,479 Avg PEWTER 8G A Yes 09/22/08 RIVRSIDE Lease $22,000 36,340 Avg IRI SIL 8G A Yes 09/22/08 RIVRSIDE Lease $22,000 33,519 Avg IRI SIL 8G A Yes 09/22/08 RIVRSIDE Lease $22,000 31,483 Avg BAR RED 8G A Yes 09/22/08 MANHEIM Lease $26,000 17,409 Above IRI SIL 8G T Yes 09/22/08 MANHEIM Lease $25,500 13,095 Above IRI SIL 8G A Yes 09/22/08 MANHEIM Lease $24,750 44,076 Above CPR BLU 8G A Yes 09/22/08 MANHEIM Lease $24,750 30,476 Above IRI SIL 8G A Yes 09/24/08 W PALM Lease $24,500 22,338 Above IRI SIL 8G A Yes 09/25/08 RIVRSIDE Lease $26,750 22,870 Above BLACK 8G A No 09/26/08 MANHEIM Regular $24,000 43,784 Avg BLACK 8G A Yes 09/26/08 MANHEIM Regular $23,900 39,491 Avg SILVER 8G A Yes 09/30/08 FAAO Lease $23,500 29,026 Avg ALB WHT 8G A Yes 09/30/08 DFW Lease $26,500 26,554 Above IRI SIL 8G A No 09/30/08 DFW Lease $24,250 28,771 Avg PEWTR 8G A Yes 09/30/08 BIG H Regular $23,900 35,976 Avg WHITE 8G A Yes 10/01/08 SEATTLE Lease $24,750 20,739 Above OBS BLK 8G A Yes 10/01/08 SAN ANTO Regular $25,800 29,676 Above PEWTER 8G A Yes 10/01/08 SAN ANTO Regular $22,500 22,878 Avg TAN 8G A Yes 10/01/08 NASHVILL Lease $24,500 27,550 Above IRI SIL 8G A Yes 10/01/08 NASHVILL Lease $24,000 29,841 Avg PEWTR 8G A Yes 10/01/08 NASHVILL Lease $24,000 21,799 Avg CPR BLU 8G A Yes 10/01/08 NASHVILL Lease $23,750 30,637 Avg IRI SIL 8G A Yes 10/01/08 NASHVILL Lease $23,000 25,408 Avg CPR BLU 8G A Yes 10/01/08 NASHVILL Lease $22,500 32,530 Avg PEWTR 8G A Yes 10/02/08 NEVADA Lease $22,000 42,736 Avg BLACK 8G A Yes 10/02/08 MANHEIM Lease $26,750 28,748 Above IRI SIL 8G T No 10/02/08 MANHEIM Lease $25,500 25,406 Above IRI SIL 8G T Yes 10/02/08 MANHEIM Lease $25,500 9,954 Above BAR RED 8G T Yes 10/03/08 MANHEIM Regular $22,750 40,226 Avg SILVER 8G A Yes 10/06/08 AYCOCK Lease $24,600 10,943 Above GOLD 8G A Yes 10/07/08 FAAO Lease $23,250 21,669 Avg CPR BLU 8G A Yes 10/08/08 MILWAUKE Lease $26,000 8,230 Above IRI SIL 8G A Yes 10/08/08 MILWAUKE Lease $24,000 24,820 Avg BLACK 8G A Yes 10/08/08 MILWAUKE Lease $23,500 18,408 Avg ALP RAN 8G A Yes 10/08/08 MILWAUKE Lease $23,250 19,430 Avg PEWTR 8G T Yes 10/09/08 RIVRSIDE Lease $23,500 21,213 Avg ALB WHT 8G A Yes 10/09/08 RIVRSIDE Lease $20,750 24,066 Below IRI SIL 8G A No 10/15/08 NADE Regular $23,250 52,005 Avg Black 8G Yes 10/15/08 ATLANTA Lease $23,000 25,163 Avg IRI SIL 8G A Yes 10/15/08 ATLANTA Lease $22,750 28,218 Avg PEWTR 8G A Yes 10/15/08 ATLANTA Lease $22,000 26,480 Avg PEWTR 8G A Yes 10/15/08 ATLANTA Lease $21,500 28,370 Below ALP RAN 8G A Yes 10/16/08 MANHEIM Lease $22,500 22,703 Avg PEWTR 8G T Yes 10/16/08 MANHEIM Lease $21,750 34,684 Below CPR BLU 8G T Yes 10/16/08 MANHEIM Regular $20,100 56,597 Below BLACK 8G Yes 10/16/08 ATLANTA Regular $23,500 19,505 Avg SILVER 8G A Yes
|
|
|
Replying to: jprescott1 (Oct 22, 2008 4:07 pm) But.. If I'm negotiating, and am asked for the mileage, I'd just say that it looks like I'll come in just under my allowance, without answering specifically. Maybe, they'd just assume a certain amount. Once you've agreed to a deal, then maybe no one will take notice. But, I certainly wouldn't lie about it. They may be able to extrapolate an approximate amount from your service records. I'd just be coy... and see what happens, first. regards, kyfdx |
|
|
Replying to: irishrogue1 (Oct 23, 2008 5:37 am) |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Mercedes-Benz R-Class
Browse by Board
Browse by Topic
Today's Chats
