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Mercedes-Benz SLK Lease Questions

61 messages,  Last post on Apr 08, 2013 at 8:45 AM

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What is this discussion about? Mercedes-Benz SLK32 AMG, Mercedes-Benz SLK55 AMG, Mercedes-Benz SLK-Class, Car Leasing, Coupe, Convertible

Messages Page 5 of 7

#38 of 61 Now that I leased a 2012 SLK by georged4

Apr 15, 2012 (9:50 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 61 Re: looking to lease the 2012 slk [Car_man] by richcolumbia

Apr 27, 2012 (6:47 am)

Replying to: Car_man (Feb 23, 2012 4:35 pm)
Hey Car_Man,
 
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?
 
TIA

#40 of 61 Re: looking to lease the 2012 slk [richcolumbia] by georged4

Apr 27, 2012 (8:38 am)

Replying to: richcolumbia (Apr 27, 2012 6:47 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.
 
http://www.mbusa.com/mercedes/special_offers/current
 
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 61 Re: looking to lease the 2012 slk [georged4] by richcolumbia

Apr 27, 2012 (9:30 am)

Replying to: georged4 (Apr 27, 2012 8:38 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 61 Re: looking to lease the 2012 slk [richcolumbia] by georged4

Apr 27, 2012 (10:12 am)

Replying to: richcolumbia (Apr 27, 2012 9:30 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

#43 of 61 Re: looking to lease the 2012 slk [richcolumbia] by Car_man HOST

May 02, 2012 (4:30 pm)

Replying to: richcolumbia (Apr 27, 2012 6:47 am)
Hi richcolumbia. Mercedes-Benz is not currently providing any lease support on the 2012 SLK 350. As a result, if you were to lease one through Mercedes-Benz Financial right now you would have to use its standard lease program. I believe that its current buy rate standard lease money factor is around .00225 for consumers who qualify for its Tier 1 credit tier.
 
Mercedes-Benz Financial's current 36-month, 10,000 mile per year residual value for this car is 57%.
 
You can reduce this money factor by going with auto-pay and by making multiple security deposits. Specifically, you can make up to ten additional security deposits, with each additional one lowering your car's money factor by .00007. I believe that the money factor reduction for auto-pay is something like .00010.
 
Car_man
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#44 of 61 Re: looking to lease the 2012 slk [Car_man] by samsaks

Jun 13, 2012 (5:51 pm)

Replying to: Car_man (May 02, 2012 4:30 pm)
So I went to a couple of dealerships and was told the residual is 68% for a 33 month lease 10000 miles for a SLK 250. Based on the advertised deal on the MB website --> http://www.mbusa.com/mercedes/special_offers/current I figured that the money factor is .00180. Can anyone tell me that this is the MF for the SLK 250. I'm really close to locking down on a car and would appreciate any help you guys can provide. Basically looking for the money factor and residuals on the SLK 250.
 
Thanks

#45 of 61 Re: looking to lease the 2012 slk [samsaks] by georged4

Jun 13, 2012 (9:33 pm)

Replying to: samsaks (Jun 13, 2012 5:51 pm)
If this helps a money factor of .00180 * 2400 should be about the same as APR 4.32, So you can figure cap cost-residual at that rate for 33 months and should come close.
 
Or since up for leasecompare for great lease tools. For $19 (I think) they saved me $78 a month off the first i offer. Don'r forget to add in all the goodies it has like prem pack, magic sky roof, havi, upgrades stereo. My 367 stickered at $5600 and the lease is %650

#46 of 61 Looking to lease a 2012 SLK250 by f4ng

Jul 05, 2012 (8:15 pm)

Hi Car Man,
 
Do you know the July lease rate for 2012 SLK250 w/ 15K miles allowance? I'm looking for 36 or 48 month lease.
 
Thanks!

#47 of 61 Re: Looking to lease a 2012 SLK250 [f4ng] by Car_man HOST

Jul 09, 2012 (4:18 pm)

Replying to: f4ng (Jul 05, 2012 8:15 pm)
Certainly f4ng. Mercedes-Benz Financial's July residual value for a 36-month lease of a 2012 SLK250 with 15,000 miles per year is 54%.
 
The 48-month, 15k residual value is 48%.
 
Mercedes is not currently providing any lease support on this car. As a result, if you were to lease one through Mercedes-Benz financial right now, you would have to use its standard lease program. Its standard lease money factors vary by credit tier and I believe possibly by region as well, but you're probably looking at a Tier 1 buy rate of around .00200.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 5 of 7

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