Mercedes-Benz CLS-Class Lease Questions

123 messages,  Last post on Mar 30, 2013 at 8:01 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Mercedes-Benz CLS-Class, Mercedes-Benz CLS55 AMG, Mercedes-Benz CLS63 AMG, Car Leasing, Coupe, Sedan

#81 of 123 Re: 2013 CLS550 4Matic [ppap] by Car_man HOST

Sep 16, 2012 (7:19 am)

Replying to: ppap (Sep 12, 2012 11:50 am)
I'd be happy to ppap. Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 30-month lease of a 2013 CS550 4Matic with 15,000 miles per year are .00160 and 59%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 36-month lease are .00160 and 55%.
 
If this vehicle is part of Mercedes' "Value Added" program then the numbers for a 39-month lease of it would be the same as for a 36-month lease. If not, then the residual value would be slightly lower but the money factor would be the same.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#82 of 123 Re: 2013 CLS63 [stingers96] by Car_man HOST

Sep 16, 2012 (7:20 am)

Replying to: stingers96 (Sep 12, 2012 4:50 pm)
You're very welcome stingers96.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#83 of 123 Re: 2013 CLS550 4Matic [Car_man] by ppap

Sep 16, 2012 (7:03 pm)

Replying to: Car_man (Sep 16, 2012 7:19 am)
Thank you, Car_man.
 
I forgot to specify that I was looking for the September residuals (for a 2013 model) assuming 12,000 miles per year (instead of 15,000 miles per year) for a 30, 36, and 39 month lease.
 
I thank you in advance.

#84 of 123 Re: 2013 CLS550 4Matic [ppap] by Car_man HOST

Sep 19, 2012 (5:23 pm)

Replying to: ppap (Sep 16, 2012 7:03 pm)
You're welcome ppap. The residual values for leases with only 12,000 miles per year would be 2% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#85 of 123 Re: 2013 CLS63 [Car_man] by ed63

Nov 11, 2012 (8:16 am)

Replying to: Car_man (Sep 16, 2012 7:20 am)
Car_man,
 
Could share what the current money factor and residual are for 2013 cls63 for 10k miles and 36mth?
 
Also is conquest still available? Or are there any other incentives? Thanks!

#86 of 123 Re: 2013 CLS63 [ed63] by Car_man HOST

Nov 11, 2012 (8:59 am)

Replying to: ed63 (Nov 11, 2012 8:16 am)
Hi ed63. Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 CLS63 with 10,000 miles per year are .00160 and 58% for consumers who qualify for its top credit tier.
 
I have heard that the conquest cash certificate program was replaced by new dealer cash certificates for Mercedes' Winter Sales Event. Specifically, there's $2,000 dealer cash certificates out there on the 2013 CLS63 right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#87 of 123 2013 CLS550 by kcsj

Nov 14, 2012 (10:04 pm)

Hi Carman,
 
Can you please give me the residual for 2013 CLS550 for 36 month lease with 10k miles?
 
Also what is the money factor for November for top tier.
 
Thanks

#88 of 123 Buy-rate vs. Lease-rate Money Factor? by ppap

Nov 19, 2012 (1:53 pm)

Hi Carman,
 
I am in the market for a 2013 CLS-550 4Matic and continually review your insightful responses to the various message posted on this forum. I've noticed that with respect to questions regarding leases, you refer to the MB "buy rate" lease money factor.
 
Specifically, for November 2012, you wrote .00160 (buy rate lease money factor). I've spoken to two different MB dealerships, each of whom told me the "lease rate" money factor is higher (.0019). Is there a difference (if any) between a "buy rate" vs. "lease rate" money factor? Let me know whether you believe there is a miscommunication or perhaps the dealership is trying to sell me on a higher monthly payment.

#89 of 123 Re: Buy-rate vs. Lease-rate Money Factor? [ppap] by topgun7

Nov 24, 2012 (8:05 pm)

Replying to: ppap (Nov 19, 2012 1:53 pm)
each of whom told me the "lease rate" money factor is higher (.0019). Is there a difference (if any) between a "buy rate" vs. "lease rate" money factor?
 
Dealer can mark up the buy rate and pocket the difference. In your case, the difference (0.0003) is just another way for dealer to pocket more profit. You can try other dealer in your city or place like Los Angeles (if you are nearby) which typically has the most competitive car dealerships. Depending on how competitive your local market, you may or may not have to accept those mark up.

#90 of 123 Re: 2013 CLS550 [kcsj] by Car_man HOST

Nov 27, 2012 (5:27 pm)

Replying to: kcsj (Nov 14, 2012 10:04 pm)
Hi kcsj. Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 CLS550 with 10,000 miles per year are .00160 and 58% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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