Dealer Says MB Financial is Dropping Rates
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Member
Joined: Jun 2007
Posts: 93
Likes: 0
From: Los Angeles, CA
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
Tarry, perhaps you too can confirm this... Thanks in advance
Member
Joined: Mar 2004
Posts: 241
Likes: 1
From: Rockville, MD
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.
It may be limited to certain dealers in a particular market.
This is on 2007 vehicles only.
Junior Member
Joined: Jul 2007
Posts: 44
Likes: 0
From: Central Washington
2011 S550 4Matic;2012 Suburban; '05 FLHTCSE;'06 S 4300 Tiara
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.
It may be limited to certain dealers in a particular market.
This is on 2007 vehicles only.
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Newbie
Joined: Jul 2007
Posts: 3
Likes: 0
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...
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...
Former Vendor of MBWorld
Joined: Jan 2005
Posts: 583
Likes: 0
From: Cincinnati, OH
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
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
Newbie
Joined: Jul 2007
Posts: 3
Likes: 0
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...
Newbie
Joined: Jul 2007
Posts: 1
Likes: 0
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.
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.
Member
Joined: Mar 2004
Posts: 241
Likes: 1
From: Rockville, MD
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?
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?
Senior Member
Joined: Sep 2004
Posts: 485
Likes: 2
W212 & W210
Newbie
Joined: Jul 2007
Posts: 3
Likes: 0
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?
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?
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...
Member
Joined: Mar 2004
Posts: 241
Likes: 1
From: Rockville, MD
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....
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....
Former Vendor of MBWorld
Joined: Jan 2005
Posts: 583
Likes: 0
From: Cincinnati, OH
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
