Last post on Nov 24, 2013 at 8:46 AM
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Mercedes-Benz SLK32 AMG, Mercedes-Benz SLK55 AMG, Mercedes-Benz SLK-Class, Car Leasing, Coupe, Convertible
#33 of 71 Re: looking to lease the 2012 slk [georged4]
Feb 23, 2012 (3:35 pm)
Lease support means that the manufacturer is providing a special, low money factor on a vehicle to make the payment more attractive than it ordinarily be. It usually doesn't make sense to lease for longer than the lease support is available for because if you do the money factor (which is used to calculate the interest portion of your lease payment) will increase, sometimes significantly.
On a comparably equipped vehicle the payments that are available at dealers shouldn't be any higher than Mercedes' official advertised payments. Of course, sales tax is added in at the dealer, but is not included in the advertised payment.
Prices Paid: Buying & Leasing Experiences Forum
#34 of 71 Re: looking to lease the 2012 slk [Car_man]
Feb 28, 2012 (8:13 pm)
Thanks. I think it was the same deal at the web site:
Money Factor = .0018 = APR 4.32%
MSRP = $65635
Sell Price - $59071.5 With Maintenance & Key Care
Lease Payment = $649.27
Cap Reduction $3460.74
Total Out of pocket $5350
Mars Red with Bengal Red Interior (Claimed 1 of 2 in USA)
Premium Pkg 1
Magic Sky Roof (expensive but awesome)
Service 30,000 Miles
Burl Walnut Trim Package
18" Twin 5 Spoke Wheels
I don't think I missed anything but MB.COM MSRP = $67,194
Mar 16, 2012 (3:03 pm)
Anyone know the current residual, money factors, etc. on the new SLK250 4 cylinder? Looking for very low mileage option as it would be a summer car, e.g. 7500 mi/year? Also has anyone seen one with a manual tranny yet?
#36 of 71 Re: 2012 SLK250 [cadreamn]
Mar 26, 2012 (3:19 pm)
Hi cadreamn. Mercedes-Benz Financial's March buy rate lease money factor and residual value for a 36-month lease of a 2012 SLK250 with 7,500 miles per year are .00225 and 59%, respectively for consumers who qualify for its Tier 1 credit tier.
Prices Paid: Buying & Leasing Experiences Forum
#37 of 71 Re: 2012 SLK250 [Car_man]
Mar 26, 2012 (4:11 pm)
Last month (end of feb) I got a little better lease deal for 33 Months w/ 12,000 / year on a 350 besides 10% off sticker. The residual was much higher than leasecompare.com estimated
PS: The 350 is way powerful enough. Almost wish I waited for the 250 and saved $14000 but there was no color combo yet built that we wanted (Mars Red with Bengal Red leather interior). It turns a lot of heads and gets a lot of compliments.
#38 of 71 Now that I leased a 2012 SLK
Apr 15, 2012 (8:50 pm)
Well, first of all I LOVE THIS CAR. Many compliments especially woth the Lars Red with Bengal Red Leather.
The residual was so high I doubt it will be worth buying out in 3 years ..... so
If I go to lease another will the salesman-dealer (or another dealer) have access to the price and lease payment etc? It was through Mercedes Financial. I'm thinking at least the same dealer would have access since he wrote the financing. If so does this help or hurt me in any way?
#39 of 71 Re: looking to lease the 2012 slk [Car_man]
Apr 27, 2012 (5:47 am)
Im in southern california and looking to lease a 2012 slk 250. I want 10k miles/3 yrs lease.
(1) Can you please tell me the residual and money factor?
(2) For the lease support, does the money factor go below the base money factor set by benz financial? Can that money factor be reduced further with multiple security deposit and auto pay?
#40 of 71 Re: looking to lease the 2012 slk [richcolumbia]
Apr 27, 2012 (7:38 am)
Car man has great advice but check leasecompare.com -- for me it was well worth paying for their software. In the end I got a better deal on residual and money factor than they said by what was on the mb web site and negotiating at the end of the month got a better deal than that.
OF course now I have a high residual to deal with in 33 months if I want to keep the car, so that encourages me to get another.
Good luck and enjoy the car ... the 350 is awesome.
#41 of 71 Re: looking to lease the 2012 slk [georged4]
Apr 27, 2012 (8:30 am)
Thanks for the link.
For the special on the website, what was the residuals and money factor for the 33 month lease?
#42 of 71 Re: looking to lease the 2012 slk [richcolumbia]
Apr 27, 2012 (9:12 am)
I doubt they publish the residual and money factor. Carman may know. Leasecompare will have estimates but you never can be sure until you negotiate with the finance manager after you make a deal. I signed one deal, went home and checked it closer. Then called the finance guy and told him what I could get and he pushed both the residual up and money factor down (see my prior post) as long as I promised to close the deal by the end of the month
For all car buys my suggestion is that people apply for a car loan at capitalone.com so you can have a check in your pocket but they don't do leases and the max loan is $40K -- might be up to 72 monthas