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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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#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)
Reply

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
#674 of 740
Buyout - R350 by stevesmer
Nov 28, 2008 (8:58 pm)
Reply
My lease is due the first of December. My buyout has been $23,500. I went ahead and had the inspection done and told my advisor that the price wasn't low enough. He told me to call back at the end of the month because the cash incentive is usually changed the end of the month or at the first of the month. So I called today and to my surprise, my buyout was dropped to $20,900. I went ahead and pulled the trigger. My advice is to be patient, get a quote a month out, and then try back closer to your lease end. Hopefully you will get an even better price. Good luck to everyone.
#675 of 740
Buyout R350 by hockey81
Nov 28, 2008 (9:11 pm)
Reply
Steve--That sounds like you got a great deal. I was told that I could buy my R350 when the 27 month lease ends at 40 percent of the original list price plus $150 fee and sales tax. Did you need to speak to a supervisor to get your deal? Thanks
#676 of 740
Re: Buyout R350 [hockey81] by stevesmer
Nov 28, 2008 (10:40 pm)
Reply

Replying to: hockey81 (Nov 28, 2008 9:11 pm)

I had a different story...they told me it was based off my residual. No negotiating involved - at least directly. He was clear that he couldn't do anything but punch in the numbers and see what comes up. My residual was $38,xxx and original MSRP $58,600. The original incentive was $14,900 off residual and increased to $17,500 off. He told me the higher ups look at auction pricing, number of cars turned in vs. sold to determine the price as well as your residual. I'm not sure what to believe...I either had great timing or they felt like I was serious about turning the car in and decided to cave. Most likely it was just good timing. No, I never spoke to a supervisor, but I did speak to the same agent every time but once. The $150 fee and tax is added. I would check back every so often with the same agent and get a quote and find out the incentive and ask lots of questions. I was told my buyout price would never go higher after a quote even if the incentive changed. They would honor the lower amount or if the incentive increases, like in my situation, then I could get the better buyout price. He wouldn't offer much help but answered all my questions. I found out there is a 5 day grace period after your lease is up in which to buy or turn in the vehicle. That's why I waited until the last minute to decide. Also, if you do turn it in, there is a $600 turn-in fee. I hope this info is helpful!
#677 of 740
Re: Buyout R350 [stevesmer] by hockey81
Nov 29, 2008 (7:54 am)
Reply

Replying to: stevesmer (Nov 28, 2008 10:40 pm)

Thank you!!! I wil call Mercedes Finance early next week and post the results accordingly.

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