What Are My Lease Payments Going To Look Like??
11-29-2003, 02:26 PM
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2002 S500 & 2004 CLK320
What Are My Lease Payments Going To Look Like??
Hello guys,, Im in the market for either a 04 clk 320 - clk500 or the clk55 I just wanted to know what a great deal looks like on one of these cars.. I dont want to pay to much on my lease, If anyone knows whati t should look like,, please let me know,, I have over 700 credit score,, Im looking to put minimum down,, like $1000-$1500 drive off on a 36 month lease.. You know those sneeky *** car people out there,, thanx
11-29-2003, 05:14 PM
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For a clk 500 with an msrp of about 58k you will be around $830 paying only inception fees with MBCC (they are the most expensive) If you go with say Huntington Bank you be around $750 (these prices are with 6% tax incl'd and 15,000 miles per year for the SE US) MBCC makes life easier if you ever need MB to buy your car back (without enacting the lemon law) and another negative besides the higher payments is the $2400 early terimanation charge if you try to get out of the lease early on your own.
11-30-2003, 12:21 PM
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Originally posted by RJC
For a clk 500 with an msrp of about 58k you will be around $830 paying only inception fees with MBCC (they are the most expensive) If you go with say Huntington Bank you be around $750 (these prices are with 6% tax incl'd and 15,000 miles per year for the SE US) MBCC makes life easier if you ever need MB to buy your car back (without enacting the lemon law) and another negative besides the higher payments is the $2400 early terimanation charge if you try to get out of the lease early on your own.
For a clk 500 with an msrp of about 58k you will be around $830 paying only inception fees with MBCC (they are the most expensive) If you go with say Huntington Bank you be around $750 (these prices are with 6% tax incl'd and 15,000 miles per year for the SE US) MBCC makes life easier if you ever need MB to buy your car back (without enacting the lemon law) and another negative besides the higher payments is the $2400 early terimanation charge if you try to get out of the lease early on your own.
11-30-2003, 06:46 PM
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2002 S500 & 2004 CLK320
wow,, so let me get something straight ,, u went to the dealer,, didnt drop a penny ,, not even first month or registration,, and your payments on a clk500 are 814 including tax for 39 months? Is that right,, WOW,, IF thats right,, then i think that s a heck of a deal,, Anyone else think i can get the same deal or better??
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12-01-2003, 09:49 PM
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Just thought I'd chime in here. I recently looked into getting out of my lease and getting something else. If your bank allows it, try to transfer the lease instead of terminating. Because even if you pay the termination penalty no problem, it goes on your credit history as a voluntary reposession.
12-01-2003, 10:52 PM
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Originally posted by RedSLKChic
Just thought I'd chime in here. I recently looked into getting out of my lease and getting something else. If your bank allows it, try to transfer the lease instead of terminating. Because even if you pay the termination penalty no problem, it goes on your credit history as a voluntary reposession.
Just thought I'd chime in here. I recently looked into getting out of my lease and getting something else. If your bank allows it, try to transfer the lease instead of terminating. Because even if you pay the termination penalty no problem, it goes on your credit history as a voluntary reposession.
I'd consider having a third person assume the lease, but that would leave me secondarily liable for the potential default of a person I don't know.
12-01-2003, 10:56 PM
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Originally posted by ChiCLK500
Wait, you can terminate your lease by paying a $2400 fee? I'm thinking of terminating my clk lease in favor of a Cayenne, but didn't know you could just terminate the lease. I thought the only ways were to have a third party assume the lease or buyout the lease which would leave me (and anyone else I would imagine) really really upside down.
Wait, you can terminate your lease by paying a $2400 fee? I'm thinking of terminating my clk lease in favor of a Cayenne, but didn't know you could just terminate the lease. I thought the only ways were to have a third party assume the lease or buyout the lease which would leave me (and anyone else I would imagine) really really upside down.
Last edited by RJC; 12-01-2003 at 11:01 PM.
12-02-2003, 02:17 AM
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Originally posted by ChiCLK500
I'd consider having a third person assume the lease, but that would leave me secondarily liable for the potential default of a person I don't know.
I'd consider having a third person assume the lease, but that would leave me secondarily liable for the potential default of a person I don't know.
