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Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
740 messages, Last post on Aug 11, 2009 at 1:52 AM
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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 
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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. |
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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 |
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Replying to: bits1 (May 22, 2006 8:00 am) 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.
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Replying to: bits1 (May 22, 2006 8:00 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
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Replying to: roger25 (May 23, 2006 8:10 am) 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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Does this deal look good? What I am afraid about is that they are going to try and get their money out of my 2002 Subaru WRX Wagon with 36000 Miles on it....What is the minimum I should be getting for my trade if the car is in perfect condition? Here is the deal below MSRP is $59390.00 and your price is $50190.00 Exterior is Barolo Red with Macadamia leather (code #104) Options are #220 Parktronic #293 rear side air bags #323 Heating pkg #326 Premium pkg #536 Sat.Radio #575 2nd row center console #581 3-zone climate control. Lease payment 27 month w/10000 miles $566.54 per month ,residual value 73% $43354.70 Total out of pocket $1711.59 One pay lease $13413.31 for 27 month w 10000 mile per year ( including bank fee and MV fees) Money factor is 0.00175 |
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Replying to: alex15 (May 23, 2006 5:23 am) |
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Hello I have a difficult question that if someone with a lot of lease experience can help me with, I would really appreciate. I just leased a R350 and love it. I got a great lease from a Benz dealer. The cars sticker was $57,100.00 the out the door price with all the discounts and rebates was around $49,000.00 so the payment for 27 months is around 500.00 with tax and all. Now the residual was at 73% or 74% but I see the purchase price at the end of the lease is about 41,000.00 so it seems to me that they figured that price from the sticker and not the negotiated price. I may want to by this car at the end and that would mean I paying about 5k more to do so, then if you take the out the door price and figure it should be a payoff of about 36,000 at the end Am I incorrect or is the deal shady or what? Thanks so much. |
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