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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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#76 of 740
R350 Lease Deal for May. by arman1
May 14, 2006 (7:25 am)
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I just signed a lease for R350 Black/Black with Premium Pkg. and Heated Seats. Wanted to get forum's opinion on the deal I got:
 
 $54,685 MSRP
 $51,079 Edmunds.com Invoice
  + 500 Dealer added to invoice for advertising fees.
         DO I need to pay this? Is it part of invoice?
--------
 $51,579 Dealer's invoice price
-$ 5,000 MB Incentive
-$ 1,750 Discount of Dealer's invoice
---------
 $44,829 Gross Cap. Cost
+$ 795 Acquisition Fees
 
I went for one payment lease that brought down the money factor to .00175. 27monthe, 27000 miles, .72 residual
 
My questions:
1. Are $500.00 advertising fees negotiable? Is it really part of the dealer's invoice?
2. There is $150 fees I will have to pay if I decide to purchase at the end of the lease (line 9 of the lease agreement). Is it standard. Can I have them take it off?
3. Is $795 lease acquisition fee negotiable?
4. Is $595 lease turn in fee negotiable?
5. Is $45 doc fee and $25 DMV fees standard.
6. I read somewhere that a .00150 money factor was available for one pay lease. Is that true? My dealer offered me 0.00175.
 
I would appreciate your feedback if you have knowledge about the R350 recent lease.
#77 of 740
R 350 Residual Values by mike2555
May 17, 2006 (7:55 am)
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Can anybody tell me what the money factor and residual values are for a 36 month lease with 10K and 12K miles. Thanks
#78 of 740
Re: R350 Lease Deal for May. [arman1] by jwilliams2
May 17, 2006 (9:31 am)
Reply

Replying to: arman1 (May 14, 2006 7:25 am)

Having just gone through this, maybe I can help.
1. The adv. fee is in fact part of the invoice.
2. The dealer certainly can not change the lease agreement.
3. The $795 Acquisition is charged by MB on all leases.
4. $595 is waived only if you lease another MB at the end.
5. DMV charges are set by your state, and should be easy to verify.
6. Standard money factor on the R Class is .00285, didn't do a single pay, yours sounds good.
There is $5000 dealer cash on this car plus the 7% markup. Looks like he is already bleeding on this deal.
#79 of 740
Looking to Lease R350. by caa1
May 17, 2006 (12:16 pm)
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Hello - looking for feedback on this deal. Was offered the following on an R350:
MSRP - $56305 w/Prem Package, Htd Front Seats and Parktronic
Neg Price - $45,305
 
If I plug this into a lease calculator I am using the correct assumptions below based on the promo?
 
Money factor - .00285
Cap cost red - $1100
Acquisition fee - $795
my state sales tax - 5%
Residual for 1000 miles per month - 72%
Term 27 months
Based on this I get a monthly of $429.42 - seems too good to be true. Is this correct??
thx
#80 of 740
Arman1 and caa1, which states are you guys by fq1
May 18, 2006 (9:48 pm)
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located in since you are getting such awesome deals. Please send me your dealers' names as I am also in the market for one of these vehicles.
 
Thanks.
#81 of 740
One Time Payment Lease by bits1
May 22, 2006 (8:00 am)
Reply
Wanted to get all of your thoughts on the following deal - I am signing a one-time lease deal for an R 350 with standard sunroof package, rear seat airbags and power liftgate. Sticker is $52,000 and negotiated price for lease is approximately $43,500.
 
I will make a one-time lease payment of $10,650 which includes all taxes (New York City) and fees (other than the $595 dispo fee) for a 27 month, 7500 mile per year lease (I think residual is 74% and money factor is .00175). Works out to under $395 a month (not taking into account the lost interest on my $10,650 or the dispo fee, which could be waived if I lease another MB).
 
I think this is a pretty good deal as it includes the taxes and other fees.
 
Please advise.
 
Thank you
#82 of 740
Re: One Time Payment Lease [bits1] by qkslvr
May 22, 2006 (11:01 am)
Reply

Replying to: bits1 (May 22, 2006 8:00 am)

bits1,
 
looks pretty good from here. Using your 74%residual and.00175 rate, cap cost is $45200 for a $395 monthly payment. So your taxes and fees work out to $1700. I don't know what your tax rate is, but in effect, you are getting it for about $5k under invoice. The difference between one time and monthly .00275 is Approximately. $90/ month.
#83 of 740
Re: One Time Payment Lease [bits1] by alex15
May 23, 2006 (5:23 am)
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Replying to: bits1 (May 22, 2006 8:00 am)

What if the car gets stollen?
#84 of 740
R500 by roger25
May 23, 2006 (8:10 am)
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I have an initial offer to sell to me a fully loaded and I mean fully loaded R500. But I don't know how to use or calculate your formula. I don't know how to calculate the monthly depreciation or monthly rental rate. The information that I have so far is
MSRP $66,850.00
Sales Price $57,350
miles per year 15K
residual 59%? (I think)
MF .00285? ( I think)
 
 Can you help me guess what the monthly lease rate would be and possible out the door costs at 8.75% sales tax. I have not established a down payment yet.
Any help you can give is appreciated. By the way I think this is a very helpful site
#85 of 740
Re: R500 [roger25] by qkslvr
May 23, 2006 (9:48 am)
Reply

Replying to: roger25 (May 23, 2006 8:10 am)

I'm guessing this is for a 36 month lease based on the 59% residual 15k miles.? About $775-$900 is my guess depending on what you put down. $775 is the cost for $57350, then you add sales tax and any fees for registration, acqusition, etc. These can be added to the payment or paid as a down payment.
 
There is a free lease payment calculator at http://www.leaseguide.com/calc.htm

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