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Prices Paid: Buying & Leasing Experiences Mercedes-Benz R-Class Lease Questions
748 messages, Last post on Mar 17, 2010 at 7:45 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: alex15 (May 23, 2006 6:23 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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Replying to: cyberbro (May 24, 2006 10:37 am) If you were to get your 36000 dollar buy out price...then your lease would jump by another 5K over 27 months plus interest. Hope this explains things
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Replying to: howieh (May 24, 2006 10:59 am) |
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Replying to: cyberbro (May 24, 2006 10:37 am) Keep in mind that the remarketing department will contact you near the end of the lease. There may be an opportunity then to buy the car at a lower negotiated price, all depends on the resale value after 27 months. It's cheaper for MB to sell it to you rather than pay to have it inspected and resell it at auction or on the dealers' lot.
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Replying to: qkslvr (May 24, 2006 12:25 pm) |
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| Does anyone know if there is any new deal for R Class? I missed out the May deals by couple of days. | |
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Replying to: maxxie (Jun 01, 2006 11:52 am) |
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Replying to: maxxie (Jun 01, 2006 11:52 am)
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Thanks gkslvr for replying. The sales called me today and I asked if the May deal was still available she said yes it will be available through June. I was able to get a deal like this (before negotiatin with the sales): MSRP: $58,205 Invoice: $54,586 - $5,000 rebate = $49,586. 27 mo lease $546 monthly for 12k/yr. First payment $2,681.07 excluding DMV fees. It's a black/black R350 with primium package, trim package, heated front seats, and 18" 10-spoke rims. Most in-stock Rs around my town don't have Xenon lights except an R63. Does anyone know why? I am very tempted, is it a good price?
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