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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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#658 of 740
Re: [irishrogue1] by lklein1
Oct 29, 2008 (10:58 am)
Reply

Replying to: irishrogue1 (Oct 29, 2008 9:42 am)

Okay, I just filled out the online request. Maybe that will give me a different answer.
#659 of 740
Re: [lklein1] by stevesmer
Oct 30, 2008 (8:41 am)
Reply

Replying to: lklein1 (Oct 29, 2008 10:58 am)

I have an 06 R350 MSRP was $58,000. My lease is up the end of November and I have 30,000 miles. They offered $14,900 off the residual which makes it $23,500 and walking away for $25,200. I was hoping to purchase around $20,000, but I have only been paying $450/month for my lease with $0 down and 15K miles per year on a $58K car. I'm wondering if my residual is higher than most and that is why the price is what it is. I can't complain but I might not buy. I know that within the next year I will need new tires, brakes, and another service totally around $2,000. These vehicles continue to decline far too fast. I only wish my lease was up around January. I think the "cash incentive" will continue to rise...hopefully before my lease is up. Does anyone have the most recent auction numbers for the R350's? That would be greatly appreciated! Good luck everyone
#660 of 740
by irishrogue1
Oct 30, 2008 (9:48 am)
Reply
residual value should not be affecting MB's buyout prices. they should be looking only at auction #s. some people will have gotten better deals than others depending on time of year, lease terms etc....the good news is that you feel like you got a great deal on your car for 24 months.
 
sorry i dont have the most recent r350 #s. ill try to get them. based on #s that i previously posted, i think your negotiated price is still high. is this a recent # you got from them?
#661 of 740
Re: [irishrogue1] by stevesmer
Oct 30, 2008 (10:03 am)
Reply

Replying to: irishrogue1 (Oct 30, 2008 9:48 am)

Yeah - today's numbers.
#662 of 740
'06 R350 auction numbers by stevesmer
Oct 30, 2008 (11:34 am)
Reply

Replying to: stevesmer (Oct 30, 2008 10:03 am)

I found the auction numbers for the R350. Here is the website I pulled them from: http://www.mbworld.org/forums/showthread.php?p=3139798#post3139798
 
06' MB R350
10/22/08 W PALM Lease $24,750 21,410 Above BLACK 6G A Yes
10/22/08 W PALM Lease $24,000 42,371 Above PEWTR 6G A Yes
10/22/08 W PALM Lease $23,500 14,947 Above IRI SIL 6G A Yes
10/22/08 W PALM Lease $23,000 20,016 Above ALB WHT 6G A Yes
10/22/08 W PALM Lease $22,000 23,653 Avg ALB WHT 6G A Yes
10/22/08 W PALM Lease $21,750 23,550 Avg ALP RAN 6G A Yes
10/22/08 W PALM Lease $21,500 22,439 Avg PEWTR 6G A Yes
10/22/08 W PALM Lease $21,250 21,572 Avg BLACK 6G A Yes
10/22/08 W PALM Lease $21,000 23,773 Avg ALB WHT 6G A Yes
10/22/08 W PALM Lease $20,600 41,983 Avg ALP RAN 6G A Yes
10/22/08 W PALM Factory $18,500 25,214 Below PEWTR 6G A Yes
10/22/08 SEATTLE Lease $20,000 21,053 Avg IRI SIL 6CY A Yes
10/22/08 SAN ANTO Regular $23,100 32,892 Above BLUE 6G A Yes
10/22/08 SAN ANTO Regular $22,900 19,761 Above GOLD 6G A Yes
10/22/08 NADE Regular $21,650 24,721 Avg SILVER 6G A Yes
10/22/08 NADE Regular $21,250 37,901 Avg Blue 6G N Yes
10/22/08 MILWAUKE Lease $21,000 43,651 Avg DES SIL 6G A Yes
10/22/08 MILWAUKE Regular $19,250 52,108 Below BLACK 6G A Yes
10/22/08 MILWAUKE Lease $17,500 38,209 Below IRI SIL 6G A No
10/22/08 CADE Lease $20,500 68,996 Avg SILVER 6G A Yes
10/22/08 BAY CITI Regular $19,400 26,613 Avg BLUE 6G A Yes
10/23/08 RIVRSIDE Lease $27,000 19,434 Above BLACK 6G A No
10/23/08 RIVRSIDE Lease $26,000 18,065 Above OBS BLK 6G A No
10/23/08 RIVRSIDE Lease $24,250 21,997 Above IRI SIL 6G A Yes
10/23/08 RIVRSIDE Lease $24,000 19,253 Above IRI SIL 6G A Yes
10/23/08 RIVRSIDE Lease $23,750 18,665 Above PEWTER 6G A Yes
10/23/08 RIVRSIDE Lease $19,750 36,867 Avg BLACK 6G A Yes
10/23/08 RIVRSIDE Lease $19,250 16,785 Below ALP RAN 6G A Yes
10/23/08 RIVRSIDE Lease $18,000 27,797 Below BAR RED 6G A No
10/23/08 RIVRSIDE Lease $18,000 25,372 Below PEWTER 6G A No
10/23/08 RIVRSIDE Lease $17,250 32,509 Below DES SIL 6G A No
10/23/08 AWS Regular $22,150 41,753 Avg Blue 6CY A Yes
10/23/08 ATLANTA Regular $19,000 58,127 Below SILVER 6G A Yes
10/24/08 MANHEIM Lease $22,000 7,062 Avg ALP RAN 6G T Yes
10/24/08 MANHEIM Regular $21,600 49,607 Avg BLK/TAN 6G A Yes
10/24/08 MANHEIM Regular $20,800 50,023 Avg WHT/TAN 6G A Yes
10/24/08 MANHEIM Regular $20,750 16,477 Avg TAN 6G A Yes
10/24/08 MANHEIM Lease $20,000 18,635 Avg OBS BLK 6G T Yes
10/24/08 MANHEIM Lease $20,000 16,605 Avg ALP RAN 6G T Yes
10/24/08 MANHEIM Lease $18,500 27,566 Below PEWTR 6G T Yes
10/24/08 MANHEIM Regular $18,100 52,248 Below SLVR 6G A Yes
10/27/08 RIVRSIDE Lease $21,000 17,023 Avg IRI SIL 6G A Yes
10/27/08 RIVRSIDE Lease $21,000 13,921 Avg PEWTER 6G A Yes
10/27/08 RIVRSIDE Lease $20,500 26,067 Avg ALB WHT 6G A Yes
10/27/08 RIVRSIDE Lease $20,500 22,878 Avg ALP RAN 8G A Yes
10/27/08 MANHEIM Lease $23,000 8,603 Above IRI SIL 6G T Yes
10/27/08 MANHEIM Lease $22,500 21,207 Avg ALB WHT 6G T Yes
10/27/08 MANHEIM Lease $22,500 20,715 Avg ALB WHT 6G T Yes
10/27/08 MANHEIM Lease $22,500 13,837 Avg ALB WHT 6G T Yes
10/27/08 MANHEIM Lease $21,750 10,117 Avg ALP RAN 6G T Yes
10/27/08 MANHEIM Lease $21,500 25,557 Avg PEWTR 6G T Yes
10/27/08 MANHEIM Lease $21,500 21,873 Avg IRI SIL 6G T Yes
10/27/08 MANHEIM Lease $21,500 15,797 Avg ALB WHT 6G A Yes
10/27/08 MANHEIM Lease $21,250 21,075 Avg BAR RED 6G T Yes
10/27/08 MANHEIM Lease $20,750 22,493 Avg ALB WHT 6G T Yes
10/27/08 MANHEIM Lease $20,750 21,982 Avg ALB WHT 6G T Yes
10/27/08 MANHEIM Lease $20,500 21,303 Avg BAR RED 6G T Yes
10/27/08 MANHEIM Lease $20,250 22,575 Avg BLACK 6G A Yes
10/27/08 MANHEIM Lease $20,250 17,427 Avg IRI SIL 6G T Yes
10/28/08 RIVRSIDE Lease $17,000 21,952 Below BLACK 6G A No
10/28/08 DFW Lease $24,500 27,415 Above PEWTR 6G A Yes
10/28/08 DFW Lease $22,750 27,501 Above CPR BLU 6G A Yes
10/28/08 DFW Lease $22,750 23,277 Above BAR RED 6G A Yes
10/28/08 DFW Lease $22,500 19,990 Avg DES SIL 6G A Yes
10/28/08 DFW Lease $22,000 31,668 Avg BLACK 6G A Yes
10/28/08 DFW Lease $21,750 24,478 Avg ALB WHT 6G A Yes
10/28/08 DFW Lease $21,500 27,045 Avg DES SIL 6G A Yes
10/28/08 DFW Lease $21,250 44,020 Avg ALP RAN 6G A Yes
10/28/08 DFW Regular $17,000 88,252 Below WHITE 6G A Yes
10/28/08 BIG H Regular $24,000 49,692 Above Silver 6G N No
10/28/08 BIG H Regular $22,200 16,746 Avg White NON N Yes
10/28/08 BIG H Regular $21,700 27,089 Avg Black NON N Yes
10/28/08 BIG H Regular $21,700 27,024 Avg NONE NON N Yes
10/29/08 SEATTLE Lease $23,250 17,478 Above BLACK 6G A Yes
10/29/08 SEATTLE Lease $21,500 23,944 Avg ALP RAN 6G A Yes
10/29/08 SEATTLE Lease $20,750 17,385 Avg BLACK 6G A Yes
10/29/08 SEATTLE Lease $20,500 34,227 Avg IRI SIL 6G A Yes
10/29/08 SEATTLE Lease $20,500 24,939 Avg ALP RAN 6G A Yes
10/29/08 SEATTLE Lease $20,000 20,142 Avg OBS BLK 6G A Yes
10/29/08 SEATTLE Lease $19,750 20,127 Avg LT BLUE 6G A Yes
10/29/08 SEATTLE Lease $19,500 15,682 Avg IRI SIL 6G A Yes
10/29/08 SEATTLE Lease $18,750 40,386 Below BAR RED 6G A Yes
10/29/08 SEATTLE Lease $18,500 16,367 Below ALB WHT 6G A No
10/29/08 SEATTLE Lease $17,500 36,752 Below BLACK 6G A No
10/29/08 NASHVILL Lease $22,250 24,190 Avg SILVER 6G A Yes
10/29/08 NASHVILL Lease $22,000 12,972 Avg PEWTR 6G A Yes
10/29/08 NASHVILL Lease $21,500 19,184 Avg OBS BLK 6G A Yes
10/29/08 NASHVILL Lease $20,750 20,511 Avg PEWTR 6G A Yes
10/29/08 NASHVILL Lease $20,500 24,379 Avg ALP RAN 6G A Yes
10/29/08 NASHVILL Lease $19,500 14,411 Avg BLK 6G A Yes
10/29/08 NADE Regular $22,400 24,543 Avg BLK 6G Yes
10/29/08 NADE Regular $21,500 32,775 Avg GREY 6G A Yes
10/29/08 NADE Regular $20,000 42,998 Avg Gold 6G N Yes
10/29/08 MILWAUKE Lease $23,750 23,569 Above BLACK 6G A Yes
10/29/08 MILWAUKE Lease $19,750 19,894 Avg BLACK 6G A Yes
10/29/08 MILWAUKE Lease $18,750 54,919 Below IRI SIL 6G A Yes
10/29/08 MILWAUKE Lease $18,750 43,876 Below IRI SIL 6G A Yes
10/29/08 MILWAUKE Lease $18,250 49,697 Below ALB WHT 6G A Yes
10/29/08 MILWAUKE Lease $18,000 17,931 Below DES SIL 6G A No
10/29/08 MILWAUKE Lease $17,500 25,485 Below CPR BLU 6G A No
Copyright © 1996-2008 Manheim Auctions
#663 of 740
Re: '06 R350 auction numbers [stevesmer] by irishrogue1
Oct 30, 2008 (1:35 pm)
Reply

Replying to: stevesmer (Oct 30, 2008 11:34 am)

steve,
 
thanks for pulling those r350 auction numbers from wendy. i didnt get a chance to get back over there....
 
as you can see, your buyout quote is right in line with the wholesale values for R350s.
 
What does not make sense is why anyone would spend that much for the 350 when the 500 can be had for another $1-2k....i would have expected that the R500 would be more desired now that it is no longer imported into the U.S. Not to say that the 350 isnt a good car, but the 500 never lacks for power even when pulling its 5000lbs around town or at speeds in excess of 80mph.....I really do not understand how anyone could choose a big luxury SUV over this car....the infinity and lexus cannot hold a candle to the ride or performance and the R has nearly as much interior volume.
#664 of 740
Reply to my buyout by jprescott1
Nov 03, 2008 (7:52 am)
Reply
To answer the above I called the 800 number listed on the website for MB finance. I told the lease rep that I was going to buy a different R500 from another dealer unless she could convince me not to. I complained about my residual. She asked for milage and I told her I took a dealer demo with 6000 miles and added the allowed 27k miles over the lease term. She said $25,500 not including tax. This was quoted just under 3 months out. There is no final inspection. I just cut a check. I don't know if my mile estimate had an impact on the price but I really only have a total of 20k miles on it. I think this is a great deal and will go for it. Only road block is high maintenance wife who wants a Q7.
#665 of 740
by fq1
Nov 03, 2008 (8:27 am)
Reply
Time for a new wife ...one that wants a Ferrari!
#666 of 740
Nov R350 - payoff quote by stevesmer
Nov 06, 2008 (8:22 am)
Reply
In Oct my payoff quote was $23,500 for my 2006 R350. I just spoke to MB today and they said the incentive has gone down and my payoff would be $25,400. But they would still honor the first quote from October. Has anyone else called recently? Are you getting the same info? Thanks.
#667 of 740
payoff quote [stevesmer] by irishrogue1
Nov 06, 2008 (1:28 pm)
Reply

Replying to: stevesmer (Nov 06, 2008 8:22 am)

it seems strange that the 350 payoff would go up $2k...i just got off the phone with a rep at MBF who was very helpful. he did state that the prices did just go up by a few hundred dollars on the 500. he indicated that MBF will "never" sell at true wholesale - presumably this would too greatly undercut their dealers selling used cars at retail. and probably takes into account that most people either dont know about buying at auction and/or dont know how to get someone to buy for them since most of us are not used car dealers. That said, MBF sells above wholesale and below retail off lease - this makes sense since (1) they already should have made money on the lease and (2) since non MB dealers buy at auction, why would they want to forgo selling cars for just above auction prices rather than taking less at auction and just having a fraction of those cars going to their dealers. I still do not understand why MBF does not sell or floorplan off lease cars directly to their dealers that want them (or maybe they do....). The other point is that MBF would prefer that off lease customers lease a new MB and not buy their off lease vehicle - ideally off lease vehicles get marketed to a lower economic demographic.
 
In any event, i got offered a cash price of $26,275 inc. tax (with no remaining lease payments). My lease has two more months so i am going to wait and gamble that the price will go down a bit more. i cannot see auction prices increasing in the winter given continued economic turmoil and the fear of higher taxes and a deeper recession in '09.

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