- #729 of 740
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Re: '07 R350 27mo lease end buyout price [jayrider]
by irishrogue1
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May 13, 2009 (6:20 am)
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Replying to: jayrider (May 13, 2009 6:10 am)
it doesnt work that way. go back and read the posts on this thread. you have to deal with MBF directly - the dealer has no control over this process. MBF adjusts buyout prices from time to time based on inventory and auction prices. their buy out prices always seem to be a few thousand above auction. you can get a good deal but not a great deal as compared to going to auction and buying someone elses off lease car. for me it was worth the $2-3k more to get my car that I know was babied and has low mileage and the color/options i like.
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- #730 of 740
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Re: '07 R350 27mo lease end buyout price [irishrogue1]
by jayrider
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May 13, 2009 (7:04 am)
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Replying to: irishrogue1 (May 13, 2009 6:20 am)
You get the deal price from MBF one week before the turn in. Then you can check auction prices to see where you stand.You rarely buy any car at auction price unless you are a dealer. I agree the car you owned and like is worth the extra bucks. There are cpo R350's priced at about 30k. Most are in the low to mid 30's.Of course listed prices do not necessarily reflect actual dealer selling prices in this economy. There are a lot of 07's for sale online. Don't know if that means anything re what they will sell for or how long they will sit on the lot.
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- #731 of 740
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Re: May Incentives/Programs [amcdad]
by Car_man HOST
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May 27, 2009 (3:32 am)
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Replying to: amcdad (May 05, 2009 6:18 am)
Hi amcdad. I'm not kyfdx, but I do have the answer to your question.
Mercedes-Benz Financial's May buy rate lease money factor and residual value for a 36 month lease of a 2009 R350 4Matic with 15,000 miles per year are .00175 and 46%, respectively.
The numbers for an otherwise identical lease of an '09 R320 are .00129 and 48%.
Mercedes is currently providing a $3,000 cash incentive on leases of the R350, but no cash on the R320.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #732 of 740
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Question about leasing R350 - please help noob!
by kinng
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Jul 06, 2009 (8:29 pm)
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Hi all,
I am considering leasing an R class with the premium 1 package and panoramic roof. I have spoken with a nice and (I think) very reasonable dealer and they are offering a discount of 13K over MSRP. The flip side is that the lease rate is 0.00425.
Bottomline, for a 56K MSRP car
- the first payment is $10K (covers taxes, acquisition everything)
- monthly payment is $580
totaling to ~$30,800 in 3 years.
Does that sound about in the ballpark of decency? I am ok with paying slightly more than the best deal on earth, just not getting ripped off.
Please help, thanks.
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- #733 of 740
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Re: Question about leasing R350 - please help noob! [kinng]
by rmbalisa
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Jul 07, 2009 (4:05 am)
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Replying to: kinng (Jul 06, 2009 8:29 pm)
to me that is crazy high from what i am paying. my 08 has an msrp of $52.5k and all I paid was $560 at inception (included first payment, fees, etc) and I only pay $450/mo for 33 months and 12k/yr mileage and includes my 9% tax. Though my money factor is only 0.00055. i know that the residual has dropped considerably from when i leased from 62% to about 40% maybe? you have to check with the dealer with that.
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- #734 of 740
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Re: Question about leasing R350 - please help noob! [rmbalisa]
by kinng
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Jul 07, 2009 (3:19 pm)
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Replying to: rmbalisa (Jul 07, 2009 4:05 am)
Thanks so much rmbalisa! Do you remember what your actual sale price was?
The sale price I am quoted is 44,000 for a 56,500 MSRP car. The residual is 46% at 36 mo, and the lease rate is 0.00425. The drive off payment is 10K and monthly is $579!
Would you be able to suggest how I can get a deal similar to yours. i.e under $1000 at signing and about $450/mo for a similar car. I am at a loss how to proceed.
Thanks again. I sincerely appreciate the help I am getting here. Anxiously awaiting a response.
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- #735 of 740
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Re: Question about leasing R350 - please help noob! [kinng]
by abbthe1
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Jul 09, 2009 (11:02 am)
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Replying to: kinng (Jul 07, 2009 3:19 pm)
$450 to $500 per month deals on R-class are long gone. It is impossible to get the deal like that right now. Having said that, $10K drive off on a lease is just crazy. You probably better off financing this car.
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- #736 of 740
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R-350 Premium 1 or 2 and panorama roof
by siameses
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Jul 15, 2009 (12:47 am)
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Hi, car man, can you please tell me what the money factor and residual are for a 36 mo. 15000 miles lease for this vehicle.
Is it better to wait a couple of months? And, is there any cash rebate or incentives for a lease ?
thank you for your help
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- #737 of 740
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Re: R-350 Premium 1 or 2 and panorama roof [siameses]
by Car_man HOST
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Jul 22, 2009 (1:43 am)
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Replying to: siameses (Jul 15, 2009 12:47 am)
Hi siameses. Mercedes-Benz ran a huge demo program at the end of June that encouraged dealers to "punch" any remaining R-Class models that they had in inventory as sold in exchange for several thousand dollars in dealer cash. As a result, Mercedes didn't feel the need to provide any lease support on the R in July. This is a terrible time to lease one. If you really want to lease an R350, wait a few months and see what happens with the program.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #738 of 740
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Re: R-350 Premium 1 or 2 and panorama roof [Car_man]
by siameses
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Jul 22, 2009 (7:08 am)
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Replying to: Car_man (Jul 22, 2009 1:43 am)
I will wait a little bit, thank you
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