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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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#717 of 740
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 off [pinerivergal] by nm_socal
Feb 10, 2009 (4:21 pm)
Reply

Replying to: pinerivergal (Feb 06, 2009 7:35 am)

Thanks, everyone, for your comments. Your input is well-appreciated.
 
I just wanted to send a quick update. No new development. No contact, and no followup from MB Financing. The dealership called, trying to sell me a new car. They haven't come back as yet with the options regarding the end-of-lease options.
 
My biggest concern with purchasing this car would be its post-warranty maintenance, and resale value in 2-3 years. So, unless they offer some more discount off of the residual, I am preparing to walk away.
 
Thanks, again. Will send another update soon.
#718 of 740
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 off [pinerivergal] by nm_socal
Feb 10, 2009 (4:25 pm)
Reply

Replying to: pinerivergal (Feb 06, 2009 7:35 am)

pinerivergal: Just a thought. I'd gladly update you with how my situation ends up, but here's something you may want to consider.
 
I wonder if there's an option to buy the car NOW, and avoid the last 3-4 payments. That alone could be the difference that you're seeking, to make it an attractive deal. See if that is an option.
 
Thanks.
#719 of 740
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 off [nm_socal] by benzgirl28
Feb 11, 2009 (8:49 pm)
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Replying to: nm_socal (Feb 10, 2009 4:21 pm)

Just a little input if you dont mind. MB has a pull ahead program taking car of up to 5 of your lease payments. Also dealers now have DEPP numbers which would give you employee pricing on a lease on a new R class i think its 449 for 39 months with 10 k per year you might look at this option if you were considering a new MB
#720 of 740
R350 payoff quote more than residual by nato
Feb 16, 2009 (8:20 pm)
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Hi,
 
I am confused on this pay off quote which is available within few minutes of my online payoff quote request submission. it came out to be 2K more than the residual value being shown which as 31K and the Quote is 33K, , it is basic model R350 07 model, think 49K MSRP when I took the lease and has 20K miles now at the end of lease
 
Has anyone faced similar online quote. Just wonder if the year is making this different, will call them in any case tomorrow to see as I saw most of the folks getting 17K less than the residual Any thoughts....
 
Also do they give some grace period to return.
 
Cheers!!
#721 of 740
Re: R350 payoff quote more than residual [nato] by kyfdx HOST
Feb 17, 2009 (4:11 am)
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Replying to: nato (Feb 16, 2009 8:20 pm)

Most likely, they are including sales tax..
#722 of 740
Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 by tmblweed0429
Mar 14, 2009 (8:46 pm)
Reply

Replying to: kyfdx (Feb 06, 2009 4:07 am)

kyfdx, you are 100% correct. I am glad to see someone who understands what is going on out there. It amazes me that people think a company like MB Finance doesn't have a right to sell an asset for whatever price they choose. I am sure if nm_socal owned a car, he or she would feel they have a right to put whatever price they wanted on it.
#723 of 740
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 [tmblweed0429] by nm_socal
Mar 15, 2009 (2:30 am)
Reply

Replying to: tmblweed0429 (Mar 14, 2009 8:46 pm)

Greetings, everyone. I absolutely agree that being the owner of this car, MB Finance gets to set its price. My contention was from their own angle: why not make more money *AND* have a satisfied customer.
 
They knew how much they would get for the car, when they sell it directly to a dealer or at an auction. The lease return manager at the local dealership confirmed this: $19,500 - $20,500. So, why not negotiate with me for less than $25.5k, but still a lot more than they'd get anywhere else?
 
In comparison, the dealer offered to sell me a certified (CPO) 2007 R350, with nearly the same options as mine, and the same mileage, for $26,500. It made no sense to buy mine, and at the end, I walked away.
 
Thanks, everyone, for their contribution on this forum.
#724 of 740
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 [nm_socal] by pinerivergal
Mar 15, 2009 (7:31 am)
Reply

Replying to: nm_socal (Mar 15, 2009 2:30 am)

Thanks so_cal, I was wondering what you had decided.
 
I too, am going to walk away. When I started looking at what I could get for 25-30K, I can get a CPO Infiniti or Audi that has 2 more years warranty on top of the original offered, so it doesn't make sense to me to buy my R when I will be at 39 months in June. A local Infiniti called up MBF and my payoff at 36 mos was $37K, and they were still interested in doing the deal! Seeing as I have to replace the tires at $800+, it's a no brainer to walk away.
 
Doesn't change the fact that I've loved driving this car for 3 years. And that these boards have been invaluable. Thanks everyone, also!
#726 of 740
May Incentives/Programs by amcdad
May 05, 2009 (6:18 am)
Reply
Hi kyfdx,
  
Do you have the lease factors/residuals/cash incentives for May for the R350 and the Bluetec R320? Looking at 36 months/15k miles. Thanks!

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