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Dealer Says MB Financial is Dropping Rates

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Old 07-09-2007, 06:26 PM
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Post Dealer Says MB Financial is Dropping Rates

As per the "stealer" Merc is dropping rates as of July 15th due to the bad reception of the new rates. This has been confirmed by a second dealership...

Tarry, perhaps you too can confirm this... Thanks in advance
Old 07-10-2007, 11:00 PM
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I'll check on Monday the 16th and update any changes.
Old 07-16-2007, 10:35 AM
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Originally Posted by LeaseCompare
I'll check on Monday the 16th and update any changes.
tarry,

Have you gotten a chance to look at the new rates offered by Merc yet??
Old 07-16-2007, 01:48 PM
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Anyone have an update on this?
Old 07-16-2007, 03:28 PM
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New Rates

Apparently, there is "trunk money" available. Apparently, that allows dealers to discount the cars and not suffer financial losses. I received a mailer and an e-mail announcing this today.

It may be limited to certain dealers in a particular market.

This is on 2007 vehicles only.
Old 07-16-2007, 04:36 PM
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2011 S550 4Matic;2012 Suburban; '05 FLHTCSE;'06 S 4300 Tiara
Originally Posted by chairman
Apparently, there is "trunk money" available. Apparently, that allows dealers to discount the cars and not suffer financial losses. I received a mailer and an e-mail announcing this today.

It may be limited to certain dealers in a particular market.

This is on 2007 vehicles only.
Is this the $5k for 550's and the $3k for 350's that have been available since the 4th or 5th of July? If not, can you share the particulars?
Old 07-16-2007, 11:31 PM
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Can anyone confirm MB changing course or not?
Old 07-16-2007, 11:46 PM
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Originally Posted by RACE_MX
Can anyone confirm MB changing course or not?
Still waiting for three separate to call back.
Old 07-17-2007, 11:22 PM
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Which model(s) are you looking at in particular?
Old 07-18-2007, 12:01 AM
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I'm looking at a 2007 E63
Old 07-18-2007, 12:25 AM
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Originally Posted by LeaseCompare
Which model(s) are you looking at in particular?
E 350... 2007 or 2008
Old 07-18-2007, 10:21 AM
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E550 and Z4 3.0si
07 E550
Old 07-18-2007, 11:43 AM
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2007 SLK280 and 2008 SLK280

36mo/15k

Thanks in advance....

BTW.....I was told MBUSA only changed rates for one or two moels....the SLK retained the same (awful) residual and MF from the initial July rates...

Unless I can get back to the same ballpark as June rates were, I'll probably end up in a Z4 as BMW's rates are infinitely better this month...
Old 07-18-2007, 10:42 PM
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Originally Posted by RACE_MX
I'm looking at a 2007 E63
No Changes
Old 07-18-2007, 10:45 PM
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Originally Posted by gotoschoolhere
E 350... 2007 or 2008
No change on '07s

2008 Mercedes E350 Sedan
24 Month – Residual 67% of MSRP – .00170 Base Rate
36 Month – Residual 55% of MSRP – .00170 Base Rate
48 Month – Residual 47% of MSRP – .00170 Base Rate
60 Month – Residual 42% of MSRP – .00370 Base Rate
Old 07-18-2007, 10:47 PM
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Originally Posted by PellyNH
2007 SLK280 and 2008 SLK280
No changes.
Old 07-20-2007, 08:27 AM
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Originally Posted by LeaseCompare
No changes.

Last night, I ended up leasing a 2007 Z4 3.0i for invoice and managed to get a 36mo/15k lease for $382/mo.

I'll look at trading that car in for an SLK down the road a bit....but BMW's 63% residual and .00125MF were infinitely more attractive than MB's pathetic 57% residual and .00375MF!

Note: The SLK280 is the "right" car......but the Z4 is certainly the better "right-now" car...
Old 07-20-2007, 09:29 AM
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Lease Rates for 2008 R Class 350 RWD

Tarry at LeaseCompare,

Any info on the residuals and MF on a 2008 R Class 350 RWD? mbusa.com posted the MSRP yesterday on its website. Prior releases in May indicated that the MB was going to lower the prices on theses cars. In quickly comparing comparably equiped cars, it appears that the prices actually went up.

Thanks for any info.
Old 07-20-2007, 09:38 AM
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PellyNH

Nice Job. The lease rate that you got on the Z4 is about 3% vs. the lease rate on the MB which is about 9%. Simple math.

When I leased my E350 in the spring, MB had great lease rates (close to 3%) and a "lease forward" program. Basically, they "ate" may last 3 months payments. I feel good about that deal, as you do about the Z4.

BTW how do you like the Z4?
Old 07-20-2007, 01:42 PM
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Originally Posted by chairman
When I leased my E350 in the spring, MB had great lease rates (close to 3%) and a "lease forward" program. Basically, they "ate" may last 3 months payments.
I've heard about this before from someone else.
How often do they do this or is this a deal specific thing?
Old 07-20-2007, 02:12 PM
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Originally Posted by chairman
Nice Job. The lease rate that you got on the Z4 is about 3% vs. the lease rate on the MB which is about 9%. Simple math.

When I leased my E350 in the spring, MB had great lease rates (close to 3%) and a "lease forward" program. Basically, they "ate" may last 3 months payments. I feel good about that deal, as you do about the Z4.

BTW how do you like the Z4?
Thanks Chaiman....

The Z4 is a great car....although the SLK was phenomenal....

Overall, I can definitely "get by" with the Z4 for awhile....although I wish it had the retractable hardtop lihe the SLK...
Old 07-20-2007, 03:43 PM
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OceanView

I had heard of this program before, but was usually not in the market at the time. I think that they run this sort of promotion once or possibly twice per year, I would venture a guess that they do this to clear old and/or high inventory.

I did this deal with no money down and gave the "old" E320. I did hate to give up the heated and A/C seats. But the E350 is so much more responsive and the sport package is awesome. We got the P2 and 4Matic as well.

Schweet....
Old 07-23-2007, 10:57 PM
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Originally Posted by 1031
Any info on the residuals and MF on a 2008 R Class 350 RWD? mbusa.com posted the MSRP yesterday on its website.
2008 Mercedes R350 RWD Wagon
24 Month – Residual 64% of MSRP – .00095 Base Rate
36 Month – Residual 55% of MSRP – .00135 Base Rate
48 Month – Residual 42% of MSRP – .00135 Base Rate
60 Month – Residual 38% of MSRP – .00370 Base Rate
Old 08-07-2007, 02:44 PM
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about to lease r320 2wd

Hi lease compare,
are the residual values and rates still the same as the ones you last posted on July 21st for the R320 2wd?
I need these numbers today.
Thanks
Old 08-13-2007, 04:20 PM
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Originally Posted by LeaseCompare
No Changes
Any idea if they're going to change anytime soon.

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