Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Sedans Mercedes Benz S-Class Sedan Mercedes-Benz S-Class: Lease Questions
134 messages, Last post on Sep 30, 2009 at 8:43 AM
You are in the Mercedes Benz S-Class Sedan Forum. Your Hosts are pat & karens
|
Replying to: juice1220 (Sep 12, 2008 5:14 am) |
|
|
Replying to: skrontz (Sep 13, 2008 9:50 pm) |
|
|
I have just leased a 2008 S550 throuh Mercedes-Benz Financial and they charge me $1095 Acquisition Fee. Does different bank set their own Acquisition Fee?
|
|
|
Replying to: paotron (Sep 18, 2008 2:35 pm) Matt eights38  gmail.com
|
|
|
|
|
I normally purchase my cars but have been offered an interesting proposal from a large leasing company that gets fleet pricing at a 6.7% discount with a 10K rebate which is 2.7% better discount than what I can do for a cash price. Their trade in offer is $3K better than the dealer. I plan on purchasing the car at the end of the lease so they have proposed a 48 month lease at the same cash outlay as a 60-63 month finance payment totaling $92,000. I plan on taking title to the car. I am concerned that the dealer will not honor service entitlements such as loan cars if it is sold to the leasing company first. Sales tax in TX (6.25%) is paid on the full value of the car at lease commencement, not your monthly payment, and then again on the residual should you purchase at the end of lease. Leasing company says they will offset these with tax credits and thus the value of my trade in becomes $22,500. Hmm? Here is the deal: If I lease with an option to purchase: MSRP $92,720 Less discount & rebate $16,212 Less trade in $16,000 ($6K to be applied to upfront costs, $10K rebate to me) Total Car Price $60,508 Cash back $10,000 6.25% Sales tax to be wavied by offseting tax credits (this is new to me and a concern) 48 months $1200 per month Residual $28,000 Money factor 0.00219 Finance purchase from dealer: 60 month $1330 per month
|
|
|
Replying to: skrontz (Sep 13, 2008 9:50 pm)
|
|
|
Replying to: decissions08 (Sep 22, 2008 6:52 pm) |
|
|
Replying to: shawn757 (Sep 28, 2008 12:44 am) I work for a dealer in the northeast. I am presently at BMW and worked for Mercedes before working here. Both Benz and BMW did announce that. BMW also announced that they will be shipping 40,000 less cars to the US for the next model year. Considering 230,000 sold in the US last year that is a pretty big number. I went through this with someone else a few weeks ago, if you read a few pages back you can see the whole thing. Unfortunately, I am a dealer and no one wants to believe me. We will see next year how things pan out. Just to give some advice, I recommend that if you are in the market for a new car, do the deal sooner than later, just in case the germans decide to raise all prices, and lower production like they plan. The rest I leave up to you.
|
|
|
Replying to: shawn757 (Sep 28, 2008 12:44 am) Yes, of course, since two dealers said something, it gotta be true! Did they also mention, by any chance, that the Earth is flat? MB cannot afford to increase US prices right now; not during one of the worst downturns. Their worldwide sales will be down the drain this and next year anyways. |
|
|
Replying to: juice1220 (Sep 29, 2008 7:07 am) "The USA remained the largest single market for BMW and MINI cars in 2007. With a sales volume of 335,840 units (2006: 313,603 units /+7.1%), the BMW Group sold more vehicles there than ever before." Where did you get the 230k figure from? Where did you get the information about the production cut? While I wouldn't be surprised that it's the case considering the fragile market conditions, I'd prefer to see a link to the source. Yes, of course, why don't I go and dump $100k of cash into a rapidly depreciating asset right about now. Cause there're lines forming at every dealer, you know. Please look at what GM is going through right now (employee pricing for everyone, huge rebates, etc). Very soon, MB and BMW will be forced to do the same just to survive. That's my prediction; the time will tell who was right.
|
|
You are here:
Forums
Sedans Mercedes Benz S-Class Sedan Mercedes-Benz S-Class: Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Mercedes-Benz S-Class
Browse by Board
Browse by Topic
Today's Chats
