Mercedes-Benz CLS-Class Lease Questions

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

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

#94 of 123 Re: c63 lease rate and msrp expectation [car_lease] by Car_man HOST

Dec 31, 2012 (9:03 am)

Replying to: car_lease (Dec 18, 2012 1:06 am)
Wow cool name, car_lease. It's almost the same as mine . Mercedes-Benz Financial's December 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'm not sure if the CLS63 is eligible for Mercedes' 39-month "Value Added" lease program. I suspect that it is not, but I don't know for certain.
 
This is a fairly low volume vehicle that's a little out of my price range, so I'm really not all that familiar with what the market is like for it right now. I can tell you that it should be eligible for the $2,000 Winter Event Certificates that are out there right now if you can convince a dealer to use one on your deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#95 of 123 Re: 2013 CLS lease rates [brando73] by Car_man HOST

Dec 31, 2012 (9:16 am)

Replying to: brando73 (Dec 21, 2012 8:48 pm)
Happy Holidays brando73. Mercedes-Benz Financial's December buy rate lease money factor and residual value for a 30-month lease of a 2013 CLS 550 with 15,000 miles per year are .00160 and 59% for consumers who qualify for its top credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#96 of 123 Re: 2013 CLS 550 [lifescan] by Car_man HOST

Dec 31, 2012 (9:23 am)

Replying to: lifescan (Dec 24, 2012 9:10 pm)
Let's crunch some numbers, lifescan, and see what we come up with.
 
According to my calculations, if you were to lease a 2013 CLS 550 that has an MSRP of $79,655 and a selling price of $77,100 through Mercedes-Benz Financial right now for 36-months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $1,056.
 
I worked up a zero down lease on this car for you because it is in your best interest not to make any sort of capitalized cost reduction when leasing. Consumers who make down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. While your monthly payment will be slightly higher, it's much safer to go with a zero down lease.
 
If you really wanted to make a $3,500 capitalized cost reduction, it would lower the above payment to around $953.
 
Car_man
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#97 of 123 Re: c63 lease rate and msrp expectation [Car_man] by car_lease

Dec 31, 2012 (11:54 am)

Replying to: Car_man (Dec 31, 2012 9:03 am)
Thank you car man. Happy holidays to you!
 
I did get a decent deal on a fully loaded c63 with
performance package etc with a 6.8k reduction in cap cost. I was considering
it seriously, along with an M3. However an Audi A7 worked out better since
I was replacing an Audi lease and it had 4 payments left. Audi took the
other lease early, making the A7 a more economical choice.

#99 of 123 Jan 2013 cls5504matic MY2013 lease rates by seattletwins

Jan 06, 2013 (12:14 am)

Hi car_man,
 
What are the lease rates -MF and residuals for a CLS550 4matic my2013 for someone with top-tier credit?
 
Also, how early. In the month does MBUSA publish their lease rates? The dealers I have been talking to are not able to find a car with the options I am looking for in the nationwide inventory. I'm being told that if I want specific options(specific color, black leather seats, premium pkg, parktronic optional, burl walnut trim, std 18" wheels), i am better off building to order. However, the wild card there is that i am asked to make a security deposit, and that the lease rate can be locked only when MB assigns a VIN to the new car. ...and that the process can take 45days+. I'm OK with waiting,but should I be really putting down a deposit for the car ?
 
fYI, The other option which I have ruled out, is to buy from an out of town dealer ( or internet sellers that claim fleet-based rates), but I am asked to bear transport costs. That doesnt appeal to me because of th fear of any damage to the car when in transit

#100 of 123 January Money Factor Dealer Shenanigans? by doctorg24

Jan 12, 2013 (4:56 pm)

I have been bouncing between the 7 series and A8, but came across an awesome CLS at a great deal. Unfortunately, the dealer tried to sell me a money factor that sounded way too high. I've read here that the MF has been .0016, but their MF was .0026...
 
Is this a common practice? Are they obligated to come down to the MB financial set rate (assuming it is still .0016...Car Man do you know what the current MF and residual are?) Their residual was 58% which sounds right.

#101 of 123 Re: January Money Factor Dealer Shenanigans? [doctorg24] by seattletwins

Jan 13, 2013 (9:49 am)

Replying to: doctorg24 (Jan 12, 2013 4:56 pm)
doctorg24,
 
Based on what I have read in these forums and elsewhere, the dealer actually has some leeway over the MF established by the car company(MB, in this case). So, they could even go lower than 0.0016 to some extent, at their discretion. However, they may not admit to this right away.

#102 of 123 Re: January Money Factor Dealer Shenanigans? [seattletwins] by doctorg24

Jan 15, 2013 (8:41 am)

Replying to: seattletwins (Jan 13, 2013 9:49 am)
Thanks for the info...I highly doubt these guys will go below .0016...
 
Any thoughts CarMan?

#103 of 123 Re: c63 lease rate and msrp expectation [car_lease] by Car_man HOST

Jan 15, 2013 (5:03 pm)

Replying to: car_lease (Dec 31, 2012 11:54 am)
You're very welcome car_lease!
 
Sweet car. That's quite a stocking stuffer. You certainly had a happy holiday yourself .
 
Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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