How much are you paying for your car?
#1
How much are you paying for your car?
Those of you who have leased ur CLS how much are you paying monthly, with what packacges, lease length and how much down payment did you put? Im im the market for a new CLS and im wondering how much you guys pay for yours.
Thanks in advance,
Artur
Thanks in advance,
Artur
#2
I just signed my lease last month. 2006 cls 500 Iridium silver
black leather
lighting package
entertainment package
AMG sport package
DVD Command navigation
Matte Burl trim
heated front seats
electronic trunk closer
I added sattelite radio + Bluetooth
27 month lease
mileage allowance 10,000 per. year
$2,200 down
I'm paying $948.11 per. mo.
black leather
lighting package
entertainment package
AMG sport package
DVD Command navigation
Matte Burl trim
heated front seats
electronic trunk closer
I added sattelite radio + Bluetooth
27 month lease
mileage allowance 10,000 per. year
$2,200 down
I'm paying $948.11 per. mo.
Last edited by ROBNNIC; 07-24-2006 at 09:47 PM.
#6
Retail was $76,565. Purchase price was $70,503.98. I checked my paper work and I don't see any tax charged. Is anybody else going to share there lease info? I think it is very useful for any future cls owners. I wish I had this information before I started shopping.
#7
MBWorld Fanatic!
Wow!
I found to CPO CLS one with the AMG package in Florida for $59K at the benz dealership. I think I should get this one. It is black with the red interior, it is HOT. Is this a good deal or what?
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#8
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06' CLS500. 07' Cayman S, Track Audi A4 (500+ HP), 07' Ducati 1098, M6 (on order)
Originally Posted by ROBNNIC
I just signed my lease last month. 2006 cls 500 Iridium silver
black leather
lighting package
entertainment package
AMG sport package
DVD Command navigation
Matte Burl trim
heated front seats
electronic trunk closer
I added sattelite radio + Bluetooth
27 month lease
mileage allowance 10,000 per. year
$2,200 down
I'm paying $948.11 per. mo.
black leather
lighting package
entertainment package
AMG sport package
DVD Command navigation
Matte Burl trim
heated front seats
electronic trunk closer
I added sattelite radio + Bluetooth
27 month lease
mileage allowance 10,000 per. year
$2,200 down
I'm paying $948.11 per. mo.
#9
MBWorld Fanatic!
Uhuh...
Yes, 59K is the price on it. I am not sure with tax, but compared to 65K and up, that is a steal. I have seen some as low as 55K Buy it now, it was a black one with black interior, CPO at a dealer in Cali on Ebay. It was sold yesterday. Yes they are out there in the high 50 ranges, look for them. I WILL NEVER pay $70K, I would rather like someone else take that first depreciation hit and get a CPO. Save yourself at least 10K.
#12
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09 E350 Black 06 CLS500 Alabaster White
39 month lease $750+tax/month with $6500 total drive off. MSRP was 72K got it at 68K comes with the usual + trunk closer, navi, heated seats, etc.
#13
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2000 Mercedes S500
Lease/finance/purchase?
Can I ask you guys a question? I for example bought my '00 S500 in 2003. It was $78k new, I paid $43k at the time and will be lucky to get $23k now. I'm thinking of the CLS500 w/ AMG package. My question is why one would rather lease the car for 3 years rather than finance it? Glenn for example is going to pay approx. $38k to lease his but will be left with nothing after the year lease. Wouldn't I be better off paying more monthly to finance it therefore once it is paid for I could still sell the car for something? I've never financed or leased before so I'd greatly appreciate some insight on this topic.
#14
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09 E350 Black 06 CLS500 Alabaster White
If you are keeping your car then it's ideal to finance. If you're like me who changes cars every 3 yrs leasing is perfect. I use to finance my cars until I found myself changing it every 3-4 yrs. I end up being upside down on the trade simply because the car is worthless at the time of trade. You don't build equity in your car until the 4th year. When you see all these new model cars on the road I can't help but to replace the one I'm driving. I have the CLS500 now give me a year and will be looking for a replacement for it already. In fact, I told my wife if she wants to change it for the 550 or even the AMG model.
#15
MBWorld Fanatic!
Well yes...
Yes it is better to buy (finance) than lease. Lease works for Glenn, and that is his preference. Me, I like to get a car and keep it, because that "trading" every 3-4 years is a waste of money to me. A lot of us, just do not have that kind of money to blow-out. IMHO, but as I say it is preference.
#16
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12/2012 Build 911 (991) C2S; 2011 Acura ZDX
Just picked mine up last week, 2007 CLS550 with Pkg II & AMG + spoiler:
MSRP $80,750 for 39-month lease, $0 down, 12K miles/year, $1,397 per month - taxes included.
MSRP $80,750 for 39-month lease, $0 down, 12K miles/year, $1,397 per month - taxes included.
#17
MBWorld Fanatic!
Hey could some of you post pics?
Hey guys could you post a pic when posting info? Thanks!
#19
You guys think I can get 07 CLS 550 for 5k down $900 a month with prem 2 package and AMG package? I've been shopping around at dealers and they told me $1000 is the cheapest i can get right now because of the lease rates. They said since the 07's just came out about a month ago thats why their expensive. I was wondering if i wait another 1-2 months will prices go down? Anyone know anything about the lease rates or how this stuff work? Please let me know ASAP. Thanks in advance,
Artur
Artur
#20
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AlabasterWhiteSL ObsidianBlackML
Originally Posted by CLSFanatic
You guys think I can get 07 CLS 550 for 5k down $900 a month with prem 2 package and AMG package? I've been shopping around at dealers and they told me $1000 is the cheapest i can get right now because of the lease rates. They said since the 07's just came out about a month ago thats why their expensive. I was wondering if i wait another 1-2 months will prices go down? Anyone know anything about the lease rates or how this stuff work? Please let me know ASAP. Thanks in advance,
Artur
Artur
IF you can wait...the prices will probably drop come December...dealers are always trying to get last minute sales in before the new year
#21
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No longer car shopping...
It's the same as renting an apartment
Originally Posted by ArMaNi S500
Can I ask you guys a question? I for example bought my '00 S500 in 2003. It was $78k new, I paid $43k at the time and will be lucky to get $23k now. I'm thinking of the CLS500 w/ AMG package. My question is why one would rather lease the car for 3 years rather than finance it? Glenn for example is going to pay approx. $38k to lease his but will be left with nothing after the year lease. Wouldn't I be better off paying more monthly to finance it therefore once it is paid for I could still sell the car for something? I've never financed or leased before so I'd greatly appreciate some insight on this topic.
Last edited by ndabunka; 08-16-2006 at 10:24 PM.
#22
MBWorld Fanatic!
Every car is different. Some cars are smarter to lease and others to buy. You typically wouldn't want to buy a CL or SL new because the depreciation will kill you if you only keep it 2-3 years. You will have already lost $40k not including the downpayment and your monthly payments. As someone said, you don't gain equity until usually the middle to end of the 4th year. For alot of people, that is fine because they keep the car. However, I don't keep cars more than 2-3 years and it's a waste for me. I arrive at the following crossroad....
A-Bought the car and when I sell it after those 2-3 years, I only break even, if not take a loss. This means I have gained nothing.
or....
B-Lease it for 30 months or so....turn it in and get the same result....I walk away owning nothing. In other words, buying yielded no extra benefit to me over leasing because in the end.
NDABUNKA....your story isn't everyones'. I bought my SL, but I don't see how someone who will lease is an idiot. The lease rates are probably a little cheaper then what I pay monthly....and people will come to 2 endings....like me, in 2.5 years when I sell the car, the car's value will likely be where the loan is at....meaning once I sell it, I have nothing left.....or someone who has leased their SL will turn it in and have the same thing in 3 years, nothing.
Cars aren't investment properties...they don't go up in value. Im my view, whenever you have something that will depreciate in value regardless of it's use (you could not drive a car for 2 years and it still will go way down in value), I put as little money into it as I can, because that is money thrown out the window. Why put $10k down for a $75k car when in one year, if I never drive it, it will still be worth $10k less? I have alot of other stuff I can do with that $10k until it may become due when the car is sold years later (if I am upside down). Money is worth more today than tomorrow.
A-Bought the car and when I sell it after those 2-3 years, I only break even, if not take a loss. This means I have gained nothing.
or....
B-Lease it for 30 months or so....turn it in and get the same result....I walk away owning nothing. In other words, buying yielded no extra benefit to me over leasing because in the end.
NDABUNKA....your story isn't everyones'. I bought my SL, but I don't see how someone who will lease is an idiot. The lease rates are probably a little cheaper then what I pay monthly....and people will come to 2 endings....like me, in 2.5 years when I sell the car, the car's value will likely be where the loan is at....meaning once I sell it, I have nothing left.....or someone who has leased their SL will turn it in and have the same thing in 3 years, nothing.
Cars aren't investment properties...they don't go up in value. Im my view, whenever you have something that will depreciate in value regardless of it's use (you could not drive a car for 2 years and it still will go way down in value), I put as little money into it as I can, because that is money thrown out the window. Why put $10k down for a $75k car when in one year, if I never drive it, it will still be worth $10k less? I have alot of other stuff I can do with that $10k until it may become due when the car is sold years later (if I am upside down). Money is worth more today than tomorrow.
#23
MBWorld Fanatic!
Guys let's be sensible.....
There are over 40 CLS's throughtout the US right now for anywhere from 64K to 55K certified pre-owns with less than 20k miles on them. Why would you spend over 70K for one? Even if you have the money, I would not waste it IMHO. Oh, BTW I have seen 07 on Ebay brand new from MB dealers for about 66K, with the AMG and Premium package. So....get a deal, I am waiting. I missed an excellent CLS on Ebay from a dealer in SC, 100K warranty, AMG, and two Premium pakcages that sold for 55K with 14K on it. it was a buy it now, and was bought the same day listed.
I would rather buy than lease, I like to keep my cars but that is my preference.
WHOA!!!
I would rather buy than lease, I like to keep my cars but that is my preference.
WHOA!!!