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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

What is this discussion about? Mercedes-Benz R-Class, Mercedes-Benz R63 AMG, Car Leasing, Wagon, SUV


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#688 of 740
Lease on 09 R-Class by pil
Jan 03, 2009 (10:58 am)
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Can I do better than this?
 
Here are the options for the 09 R-Class
  
RL 350 4Matic $46,450
Black/ Blacl MB Tex NC
Sport Package/ Appearance 19" wheels $1,060
Panorama Sun Roof $1,050
Heated Front Seats $720
Destination & Del $875
Total $50,155
 
Thanks,
#689 of 740
Re: Lease buyout qoute on R500 [irishrogue1] by zorogris
Jan 06, 2009 (2:17 pm)
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Replying to: irishrogue1 (Dec 29, 2008 3:10 pm)

Irish,
The price hasn't changed this month as far as they are telling me. I called today and the price on my R500 is $24k plus taxes or ~ $26k out the door. Let me know if you hear anything different as my lease is up Jan 15th as well.
#690 of 740
Re: Lease buyout qoute on R500 [zorogris] by irishrogue1
Jan 06, 2009 (2:39 pm)
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Replying to: zorogris (Jan 06, 2009 2:17 pm)

im going to call tomorrow. any word on buying an extended warranty at the same time??
#691 of 740
Re: Lease buyout qoute on R500 [irishrogue1] by gadgetguy1
Jan 07, 2009 (11:01 pm)
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Replying to: irishrogue1 (Jan 06, 2009 2:39 pm)

I inquired about an extended warranty with purchase from lease and was told to ask the dealer, that MBF does not sell warranties..
Curious that you received a 24k quote for the r500, as my r350 also i quoted at 24k...
#692 of 740
Re: Lease buyout qoute on R500 [gadgetguy1] by not_2_shabby
Jan 08, 2009 (7:57 am)
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Replying to: gadgetguy1 (Jan 07, 2009 11:01 pm)

It seems that regardless of initial MSRP or residual, the buyouts are all being lowered to about $24K. I have a 2006 R350 that MSRP'd at $54K and my buyout is $24K. Seems somebody else had an R350 with an MSRP of $58K and their buyout was about the same.
#693 of 740
Re: Lease buyout qoute on R500 [not_2_shabby] by irishrogue1
Jan 08, 2009 (11:47 am)
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Replying to: not_2_shabby (Jan 08, 2009 7:57 am)

I just spoke to MBF. Basically got bad news. They are only discounting me $15,236 from my stated residual of $42,035. This bring buy out to $26,999 + $150 fee. I dont think that I am keeping it.
 
MBF also confirmed that any extended warranty has to be purchased through the dealership..what a great way to ensure that MB dealers get a second chance to try to fleece buyers and ensure that MB customers are unhappy....i just do not understand certain aspects of this business model.
#694 of 740
Really high lease buyout quote by prp11
Jan 08, 2009 (7:37 pm)
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Hi, I'm new to the board. My '06 R350 lease came up in early April 2008. At that time I extended the lease for another 12 months (they charged me an additional $64 per month for those 12 add'l months). I read some of the posts on this board about the fairly attractive buyout quotes at the end of 27 month lease periods and thought I would find out what mine will be come this April at the end of my 39 months. I was shocked to learn that my buyout is $39,200. I asked why I wasn't receiving any of the incentives I had read about and the MBF told me it was because I had extended the lease at the end of the original lease term so I am ineligible. Now how can this possible make good financial or business sense? My car will have 39,000 miles on it at the end of the lease. Why won't they incentivize me to keep the car? Any thoughts or advice would be truly appreciated.
Thanks.
#695 of 740
Re: Really high lease buyout quote [prp11] by jayrider
Jan 09, 2009 (8:25 am)
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Replying to: prp11 (Jan 08, 2009 7:37 pm)

Wait until the lease is almost over --- they don't want to hear from you now. Your car will probably auction out in the low 20's then so they may be more interested in offering you a deal. If they don't, walk away knowing that MB took a big hit on projecting depreciation on your car. You are the winner in this deal -- big time. That's why you lease instead of buying. When April comes around, they will be singing a different tune so relax and enjoy your R.
#696 of 740
Re: Lease buyout qoute on R500 [irishrogue1] by zorogris
Jan 10, 2009 (10:02 am)
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Replying to: irishrogue1 (Jan 08, 2009 11:47 am)

Irish, that is a little strange. I just got the docs from MBF with the buyout numbers and this is the skinny:
 
Orig. MSRP $63565
Orig. Residual $41952 (66%)
 
Current Residual $24391 (38% and/or ~$17500 off original residual depending on how they present it to you.)
 
Total out the door $26636 (WA sales tax of 9.1%)
 
I only have 24k miles on it and I just don't know where I would find this nice of a car for that price (especially when I know the history) so we have decided to keep it. Thanks everyone for all of your help. If you need anything, post here and I will respond to "pay it forward".
#697 of 740
Re: Lease buyout qoute on R500 [zorogris] by irishrogue1
Jan 12, 2009 (1:57 pm)
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Replying to: zorogris (Jan 10, 2009 10:02 am)

zoro,
 
did you request docs when you spoke to MBF?? i got an email quote (high) to my MBF online account and a slightly lower quote by phone ($15236 off my residual of 42,035). More than one person has now posted a discount of $17,500 off their residual for an R500.

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