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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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#674 of 740 Buyout - R350 by stevesmer Nov 28, 2008 (8:58 pm)
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)
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 Replies to this message: stevesmer (Nov 28, 2008 10:40 pm) hockey81 (Nov 29, 2008 7:54 am) not_2_shabby (Dec 02, 2008 1:47 pm)
#676 of 740 Re: Buyout R350 [hockey81] by stevesmer Nov 28, 2008 (10:40 pm)
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! Replies to this message: hockey81 (Nov 29, 2008 7:54 am) not_2_shabby (Dec 02, 2008 1:47 pm)
#677 of 740 Re: Buyout R350 [stevesmer] by hockey81 Nov 29, 2008 (7:54 am)
Replying to: stevesmer (Nov 28, 2008 10:40 pm) Thank you!!! I wil call Mercedes Finance early next week and post the results accordingly. Replies to this message: not_2_shabby (Dec 02, 2008 1:47 pm)
#678 of 740 Re: Buyout R350 [hockey81] by not_2_shabby Dec 02, 2008 (1:47 pm)
Replying to: hockey81 (Nov 29, 2008 7:54 am) Wierd. I called on Dec 1 and they lowered my buyout by another $3000. The discount is now $13,500 bringing the buyout to $23,700 or so. I had called about a month before and my buyout was $10,500. Mine is an R350 which stickered at about $54K. How did you get $17,500 off? My mileage is about 21,500.
#679 of 740 question for stevesmer by jayrider Dec 03, 2008 (7:42 am)
Your post on the auction prices was very interesting. Is there a site that can be accessed to view auction results for all cars? thanks Replies to this message: kyfdx (Dec 03, 2008 8:17 am) stevesmer (Dec 06, 2008 3:55 pm)
#680 of 740 Re: question for stevesmer [jayrider] by kyfdx HOST Dec 03, 2008 (8:17 am)
Replying to: jayrider (Dec 03, 2008 7:42 am) Only if you are a licensed dealer..   regards, kyfdx
#681 of 740 Re: question for stevesmer [jayrider] by stevesmer Dec 06, 2008 (3:55 pm)
Replying to: jayrider (Dec 03, 2008 7:42 am) http://www.mbworld.org/forums/showthread.php?p=3139798#post3139798   There are auction posts for all types of vehicles at the site above.
#682 of 740 Lease buyout qoute on R500 by zorogris Dec 09, 2008 (11:14 am)
I called MBF yesterday on my 2006 R500 and was quoted a payoff of $24k + tax. I was told this was a discount of $17k off of the residual, which seems about right. This puts the price at 40% of original MSRP and that is right inline with what others are posting here. My lease isn't due until mid-January so I'll probably wait a few more weeks and see how things change. I forgot to ask if they would do an extended warranty or "certified pre-owned" on it if i decide to keep it. I normally pass on these things, but have had some minor issues along the way and plan to keep it for another 5+ years so it might be worth the piece of mind.   thanks everyone for all the information. Replies to this message: irishrogue1 (Dec 29, 2008 3:10 pm) zorogris (Jan 06, 2009 2:17 pm) irishrogue1 (Jan 06, 2009 2:39 pm) and 11 more...
#683 of 740 Re: 2008 R Class money factor [irishrogue1] by watkinst Dec 18, 2008 (11:04 am)
Replying to: irishrogue1 (Oct 21, 2008 7:01 am) I've been debating the same approach. Thinking 08 Rclass CDI with between 9K-20K on the ticker lease return - offering 28K and working from there. The dealer pricing on the used one's are way out of whack given many of these 08's were sold between 8 and 10K below MSRP to start with with zero miles. Which means that all the R's listed in the 40K range with miles on them are all over priced given the MSRP ranged from 45-50ish new.

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