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Prices Paid: Buying & Leasing Experiences Mercedes-Benz CLS-Class Lease Questions
39 messages, Last post on Oct 02, 2008 at 3:47 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Car Man, Thanks for taking the time to help me out. I have been shopping a CLS 500 lease at a few dealers in Miami-Dade County. I have a quote from one dealer. MSRP including destination ($775) and gas guzzler tax ($1300) is $74,675, selling price is $71,593. I have a 758 FICO. Can you work up a lease payment for me for 36-39 months, 12,000 miles and 15,000 miles? with $2000 down? This dealer gave me an estimated payments worksheet that looks like the payments are padded; $7500 down, $1039/mo for 39 months. I'm assuming the residual is set in stone by MB at 62%? I've read in earlier posts that the money factor is .0030. Another dealer worked up payments for me and used a .0045 money factor. Is the money factor negotiable? They also included a dealer fee of $600. Is this standard or padding? When calculating the lease is the gas guzzler tax and destination charge included in the MSRP? Thanks a lot!! Take care, John
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Replying to: johnnygxp (Apr 15, 2006 9:27 pm) |
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Hello Car Man, My husband and I are trying to lease a CLS500, MSRP was $69,000 and we negotiated it down to $62000...Our credit is 718 and they wanted $2584 down, $872 per month for 39 months 12000 miles per year. Is this a good deal or should we continue to shop around? |
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Looks like this board does not generate too much traffic. I am looking to buy a CLS 550 in the next month or 2, I am just wondering how everyone's doing on their price negotiations? The salesperson I talked to told me he could get very competitive pricing on 06 CLS 500s, close to the invoice.... which sounds really tempting to me, but the new CLS 550 has 80 more horsepower, which is going to be very hard for me to ignore. The differencce between the 06 CLS 500 and 07 CLS 550 is probably going to be around $5,000 for the same level of equipments, perhaps more, does anyone have any opinions?
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Replying to: gshocksv (Jul 27, 2006 5:45 pm) I leased a 2006 CLS 500 three months ago for $1000 over invoice. If I were you, I would take the 550, period...it's better and newer. To get the best price, as you probably already know, go to 3-4 dealers and offer them a mini-deal - $1000 over invoice is fair. You'll need to put on a show and walk out a few times, wait for the salesman to follow-up and then get your mini-deal. With the 550 being so new, you'll probably need to let them make a little profit.
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Replying to: johnnygxp (Jul 27, 2006 7:13 pm) Thanks very much for your reply, I agree shopping around is the best. I live in Aliso Viejo, right next to 2 of the largest Mercedes dealers in the world, so I'll definitely take advantage of my situation. A co-worker of mine just bought a SL550 (we went at the same time actually, he was suppose to wait for me to buy at the same time to get a better deal, but he couldn't wait). After driving the SL550, he just couldn't go back to the SL500 even though you can get almost $15,000 off. He did manage to get $5,000 off on the SL550. I think I'll be happier with the 07 CLS 550, for more hp and perhaps better equipment. I will update when I do pull the trigger. |
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Hello Car Man, Can you please tell me what the latest Mercedes lease factor and residual (in %) is for the CLS550? |
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 I have been goin crazy every dealer tells me something different so I REALLY need some sound advice here. I am looking to lease a 2006 or 2007 Mercedes CLS Okay, heres the problem. 1 dealer tells me to make payments less is better to lease 06 for 27 months AND another tells me no, no no better ro get the 07 for 39? I am real confused, I am was assuming get a leftover much lower price can pickup vehicle for $72,000 with original MSRP of $78,400(oh yes and MB is offering $2000 cash incentives to dealer on the 06 CLS). While the 07 with same options is $80,000 and I havent done much negiotated at this point with 07 as I figured smaller monthly payments on a 06 i.e. lower price? am I wrong? Need some help fast 2006 models are clearing quickly with the options I want. I have found an 2006 with all the options I want MSRP of $78,400- discounting to $72,000 I want a zero 0 down 39 month lease with just reg fees bank etc and no tax included with the payment a 10,000 mile a yr lease, 39 mos any figures to help with this deal- 1 dealer told me $1230 a month with like $5,000 total out of pocket!, I think he believes I am a total idiot! anyway... what should the numbers REALLY be? Since this is a 2006 and not many left I want to move quickly on this car, but dont wanna get ripped off either, thinking of calling the sales mgr directly and offering him a deal! car had been on the lot for a very long time any help, Thanks! P.S. have good credit.
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I waited to buy the 550 because its night and day difference from the 500 big time and the MSRP was 78,815 and i only paid 70,092 Black premium 1 and AMG kit just what I wanted and ordered
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Replying to: specialkcls550 (Sep 11, 2006 7:37 pm) |
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