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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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#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.
#668 of 740
Re: payoff quote [irishrogue1] by lklein1
Nov 07, 2008 (7:39 am)
Reply

Replying to: irishrogue1 (Nov 06, 2008 1:28 pm)

MB financial finally came down from the original reduced $28,900 buyout for my R350 to $24,125. I am going to go ahead and buy it. I know I could do better at auction and actually have a friend who could buy for me, but I like all the options my car has and since i just had a baby last week I don't feel like dinkin' around to save a few thousand more. I'm totally conent on what my total out of pocket for all lease payments and purchase price is for the car. Thanks to everyone who provided info on getting the deal done.
#669 of 740
Re: payoff quote [lklein1] by irishrogue1
Nov 07, 2008 (7:44 am)
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Replying to: lklein1 (Nov 07, 2008 7:39 am)

still a great price for this car all things considered.
#670 of 740
Re: payoff quote [lklein1] by stevesmer
Nov 07, 2008 (12:47 pm)
Reply

Replying to: lklein1 (Nov 07, 2008 7:39 am)

At $24,125 - is that total out of pocket including taxes or the buyout price alone?
#671 of 740
Re: payoff quote [stevesmer] by lklein1
Nov 08, 2008 (9:16 am)
Reply

Replying to: stevesmer (Nov 07, 2008 12:47 pm)

Buy out price alone. I think the original msrp was around $59,000--obviously no one ever paid this much for them originally. I had them add a navigation before I leased it so I can't remember what the exact price was after they added that.
#672 of 740
payoff or exteding the lease by dan0909
Nov 21, 2008 (3:42 am)
Reply
the buyout on my R350 is ~$24k. I can't quite decide whether to keep it or not, so I've considered extending my lease for 6 months. However, MB Finance told me the buyout in 6 months will reflect the $38k resid from the original lease, and not the lower current offer. Does anyone know if that will actually be the case, or are they just trying to close the deal now.
#673 of 740
November Auction Numbers by stevesmer
Nov 21, 2008 (2:07 pm)
Reply
Here are the 06 R350 numbers. Looks like the value is going down but Mercedes buyout pricing is going up.
 
06' MB R350
11/20/08 RIVRSIDE Lease $23,500 21,047 Above IRI SIL 6G A Yes
11/20/08 RIVRSIDE Lease $23,000 42,404 Above OBS BLK 6G A Yes
11/20/08 RIVRSIDE Lease $22,750 29,496 Above OBS BLK 6G A Yes
11/20/08 RIVRSIDE Lease $21,250 21,966 Above PEWTER 6G A Yes
11/20/08 RIVRSIDE Regular $21,000 24,923 Above IRI SIL 6G A Yes
11/20/08 RIVRSIDE Lease $21,000 21,656 Above IRI SIL 6G A Yes
11/20/08 RIVRSIDE Lease $21,000 19,101 Above BLACK 6G A Yes
11/20/08 RIVRSIDE Lease $20,750 36,954 Above BLACK 6G A Yes
11/20/08 RIVRSIDE Lease $20,500 30,550 Avg OBS BLK 6G A Yes
11/20/08 RIVRSIDE Lease $19,250 34,857 Avg PEWTER 6G A Yes
11/20/08 RIVRSIDE Lease $18,500 22,252 Avg ALB WHT 6G A Yes
11/20/08 RIVRSIDE Lease $18,000 14,461 Avg BAR RED 6G A Yes
11/20/08 RIVRSIDE Lease $17,000 34,096 Below PEWTER 6G A Yes
11/20/08 OMAHA Regular $17,200 22,691 Avg SILVER 6G A Yes
11/20/08 DFW Lease $16,500 26,965 Below OBS BLK 6G A Yes
11/20/08 CHICAGO Regular $18,400 16,534 Avg SIL 6G A Yes
11/20/08 ATLANTA Regular $21,500 39,811 Above IRI SIL 6G A Yes
11/20/08 ATLANTA Lease $18,000 20,943 Avg WHITE 6G A Yes
11/19/08 W PALM Lease $25,000 9,162 Above ALB WHT 6G A No
11/19/08 W PALM Lease $22,000 16,057 Above BAR RED 6G A Yes
11/19/08 W PALM Lease $21,500 20,219 Above IRI SIL 6G A Yes
11/19/08 W PALM Lease $21,250 30,736 Above ALB WHT 6G A Yes
11/19/08 W PALM Lease $21,000 22,829 Above BAR RED 6G A Yes
11/19/08 W PALM Lease $21,000 15,778 Above CPR BLU 6G A Yes
11/19/08 W PALM Lease $20,000 27,108 Avg IRI SIL 6G A Yes
11/19/08 W PALM Lease $20,000 21,241 Avg CPR BLU 6G A Yes
11/19/08 W PALM Lease $20,000 11,676 Avg DES SIL 6G A Yes
11/19/08 W PALM Lease $19,000 42,627 Avg DES SIL 6G A Yes
11/19/08 W PALM Lease $19,000 34,042 Avg CPR BLU 6G A Yes
11/19/08 W PALM Lease $18,000 47,653 Avg IRI SIL 6G A Yes
11/19/08 W PALM Lease $16,000 50,071 Below PEWTR 6G A Yes
11/19/08 SEATTLE Lease $20,750 15,014 Above IRI SIL 6G A Yes
11/19/08 SEATTLE Lease $19,250 20,672 Avg ALB WHT 6G A Yes
11/19/08 SEATTLE Lease $19,250 20,363 Avg PEWTR 6G A Yes
11/19/08 SEATTLE Lease $19,000 19,049 Avg IRI SIL 6G A Yes
11/19/08 SEATTLE Lease $18,750 17,752 Avg PEWTR 6G A Yes
11/19/08 SEATTLE Lease $18,000 14,654 Avg ALB WHT 6G A Yes
11/19/08 SEATTLE Lease $17,500 37,997 Avg IRI SIL 6G A Yes
11/19/08 SEATTLE Lease $17,500 24,366 Avg ALB WHT 6G A Yes
11/19/08 SEATTLE Lease $17,000 27,944 Below BAR RED 6G A Yes
11/19/08 SEATTLE Lease $17,000 21,924 Below IRI SIL 6G A Yes
11/19/08 SAN ANTO Regular $21,000 16,073 Above BAR RED 6G A Yes
11/19/08 NASHVILL Lease $19,500 15,414 Avg IRI SIL 6G A Yes
11/19/08 NASHVILL Lease $19,250 24,132 Avg ALB WHT 6G A Yes
11/19/08 NASHVILL Lease $19,000 24,931 Avg PEWTER 6G A Yes
11/19/08 NASHVILL Lease $18,500 23,453 Avg IRI SIL 6G A Yes
11/19/08 NASHVILL Lease $18,500 23,307 Avg IRI SIL 6G A Yes
11/19/08 NASHVILL Lease $18,250 24,372 Avg BAR RED 6G A Yes
11/19/08 NASHVILL Lease $18,000 32,250 Avg PEWTER 6G A Yes
11/19/08 NASHVILL Lease $18,000 21,661 Avg ALP RAN 6G A Yes
11/19/08 NASHVILL Lease $16,000 24,983 Below SILVER 6G A No
11/19/08 NADE Regular $23,500 37,513 Above PEWTER 6CY A No
11/19/08 NADE Regular $22,250 20,980 Above Gray 6CY A Yes
11/19/08 NADE Regular $21,000 35,038 Above WHITE 6G A Yes
11/19/08 NADE Regular $20,200 28,400 Avg BLACK 6G T Yes
11/19/08 NADE Regular $20,000 43,642 Avg PEWTER 6G Yes
11/19/08 NADE Regular $18,300 41,919 Avg PEWTER 6G Yes
11/19/08 MILWAUKE Lease $19,250 41,070 Avg IRI SIL 6G T Yes
11/19/08 MILWAUKE Lease $19,000 32,538 Avg DES SIL 6G A Yes
11/19/08 MILWAUKE Lease $19,000 25,543 Avg IRI SIL 6G A Yes
11/19/08 MILWAUKE Lease $18,000 14,536 Avg IRI SIL 6G A Yes
11/19/08 MILWAUKE Lease $17,250 17,368 Avg ALP RAN 6G A Yes
11/19/08 BAY CITI Regular $20,200 18,823 Avg SILGOLD 6G A Yes
11/18/08 RIVRSIDE Lease $19,000 21,322 Avg IRI SIL 6G A Yes
11/18/08 RIVRSIDE Lease $18,500 17,481 Avg ALP RAN 6G A Yes
11/18/08 RIVRSIDE Lease $16,250 30,962 Below PEWTER 6G A Yes
11/18/08 FAAO Regular $20,800 26,521 Above BURG 6G A Yes
11/18/08 FAAO Lease $18,200 36,324 Avg IRI SIL 6G A Yes
11/18/08 BISHOP B Regular $23,125 28,603 Above Silver 6CY A Yes
11/14/08 MANHEIM Regular $21,900 33,709 Above BLACK 6G A Yes
11/14/08 MANHEIM Regular $20,750 30,648 Above PEWTER 6G A Yes
11/14/08 MANHEIM Lease $19,250 26,936 Avg ALP RAN 6G T Yes
11/14/08 MANHEIM Lease $19,250 26,921 Avg IRI SIL 6G T Yes
11/14/08 MANHEIM Lease $18,750 8,519 Avg BLACK 6G T Yes
11/14/08 MANHEIM Lease $18,000 25,624 Avg IRI SIL 6G T Yes
11/14/08 MANHEIM Lease $17,000 11,994 Below DES SIL 6G A Yes
11/14/08 MANHEIM Lease $16,500 22,966 Below ALP RAN 6G A Yes
11/14/08 MANHEIM Lease $16,000 13,264 Below BAR RED 6G T No
11/13/08 MANHEIM Lease $22,750 22,542 Above BLACK 6G T Yes
11/13/08 MANHEIM Lease $21,500 25,931 Above PEWTR 6G T Yes
11/13/08 MANHEIM Lease $20,750 27,537 Above PEWTR 6G T Yes
11/13/08 MANHEIM Lease $19,750 33,851 Avg IRI SIL 6G A Yes
11/13/08 MANHEIM Lease $19,250 19,868 Avg BAR RED 6G T Yes
11/13/08 MANHEIM Lease $18,750 24,415 Avg SILVER 6G A Yes
11/13/08 MANHEIM Lease $18,750 11,103 Avg ALB WHT 6G T Yes
11/13/08 MANHEIM Lease $18,750 6,986 Avg PEWTR 6G T Yes
11/13/08 MANHEIM Lease $18,500 36,231 Avg ALP RAN 6G T Yes
11/13/08 MANHEIM Lease $18,250 25,517 Avg IRI SIL 6G T Yes
11/13/08 MANHEIM Lease $18,250 22,421 Avg DES SIL 6G T Yes
11/13/08 MANHEIM Lease $18,250 17,907 Avg ALP RAN 6G T Yes
11/13/08 MANHEIM Lease $18,250 17,111 Avg CPR BLU 6G T Yes
11/13/08 MANHEIM Lease $18,000 21,404 Avg IRI SIL 6G T Yes
11/13/08 MANHEIM Lease $18,000 19,216 Avg IRI SIL 6G T Yes
11/13/08 MANHEIM Lease $18,000 15,281 Avg DES SIL 6G T Yes
11/13/08 MANHEIM Lease $18,000 11,224 Avg IRI SIL 6G T Yes
11/13/08 MANHEIM Lease $17,750 38,961 Avg DES SIL 6G A Yes
11/13/08 MANHEIM Lease $17,750 33,013 Avg PEWTR 6G T Yes
11/13/08 MANHEIM Lease $17,500 18,880 Avg BLACK 6G T Yes
11/13/08 MANHEIM Lease $17,000 18,596 Below OBS BLK 6G T Yes
11/13/08 MANHEIM Lease $16,250 29,563 Below BLACK 6G T Yes
Copyright © 1996-2008 Manheim Auctions

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