Leasing - Where Else Other Than Mercedes Benz?
Thread Starter
Senior Member
Joined: Apr 2007
Posts: 343
Likes: 0
From: Palm Beach Gardens, Fl
‘08 E-350 Sport, C6 Vette & Harley Davidson
Leasing - Where Else Other Than Mercedes Benz?
Since I “would” be signing a lease this week, I was wondering who
else offers a good deal in leasing. (But, maybe no one else can offer
as good of lease deal on a MB as MB.)
The new MB lease program - which was posted just this morning -
reflects outrageous rates for the 08s compared to 07s just last week.
Like they’ve lost their mind when you calculate the payments! I won’t
pay the rate they’re offering today! If they don’t drastically roll it back,
I’ll just pay for the car and forget it. But so many of you have suggested
that leasing is the way to go when you trade often.
Since my 08 should be ready this week, and goto said his dealer said
that the MB will be “revising” their lease on July 15 (Sun) it’s made
me wonder if I should be checking with some other leasing companies.
But, I don’t know who that would be. Any experience or suggestions?
jimm
==========
In days - ‘08 E350 Sport, P2, Black/black,
Parktronic, Voice, Bluetooth, Burl Walnut,
Split rear seat, Rear mud flaps, nose star
else offers a good deal in leasing. (But, maybe no one else can offer
as good of lease deal on a MB as MB.)
The new MB lease program - which was posted just this morning -
reflects outrageous rates for the 08s compared to 07s just last week.
Like they’ve lost their mind when you calculate the payments! I won’t
pay the rate they’re offering today! If they don’t drastically roll it back,
I’ll just pay for the car and forget it. But so many of you have suggested
that leasing is the way to go when you trade often.
Since my 08 should be ready this week, and goto said his dealer said
that the MB will be “revising” their lease on July 15 (Sun) it’s made
me wonder if I should be checking with some other leasing companies.
But, I don’t know who that would be. Any experience or suggestions?
jimm
==========
In days - ‘08 E350 Sport, P2, Black/black,
Parktronic, Voice, Bluetooth, Burl Walnut,
Split rear seat, Rear mud flaps, nose star
Last edited by jimm; Jul 11, 2007 at 07:38 AM.
MBWorld Fanatic!
Joined: Jun 2007
Posts: 1,936
Likes: 349
From: Huntington NY
S560
I haven't seen any ouside company be more competitive than a manufacturer when it comes to lease rates. A manufacturer knows they have profit built into the sale of the vehicle, they can afford to be more generous on the residuals and rates. A third party has to be profitable on the lease and residual since they did not make anything on the original sale.
If you are pricing it through the web site you are fishing without bait. manufacturer websites are wildely off when it comes to real world pricing. I saved over $250 a month by talking to my dealer as opposed to what MB's site said I should expect. A great example is the lease term. I was looking at 36 month rates, I did not know at the time residuals were significantly better on a 33 month term.
As far as leasing vs buying, I have always felt it is better to borrow a depreciating asset and own appreciating ones. The only time this does not apply is for those who keep a vehicle for an eternity (6+ years) or put on significant mileage...
If you are pricing it through the web site you are fishing without bait. manufacturer websites are wildely off when it comes to real world pricing. I saved over $250 a month by talking to my dealer as opposed to what MB's site said I should expect. A great example is the lease term. I was looking at 36 month rates, I did not know at the time residuals were significantly better on a 33 month term.
As far as leasing vs buying, I have always felt it is better to borrow a depreciating asset and own appreciating ones. The only time this does not apply is for those who keep a vehicle for an eternity (6+ years) or put on significant mileage...
MBWorld Fanatic!
Joined: Mar 2004
Posts: 5,017
Likes: 16
From: Ft. Lauderdale Area, USA
2015 ML 350
Since my 08 should be ready this week, and goto said his dealer said
that the MB will be “revising” their lease on July 15 (Sun) it’s made
me wonder if I should be checking with some other leasing companies.
But, I don’t know who that would be. Any experience or suggestions?
jimm
==========
In days - ‘08 E350 Sport, P2, Black/black,
Parktronic, Voice, Bluetooth, Burl Walnut,
Split rear seat, Rear mud flaps, nose star
Out Of Control!!
Joined: Jul 2003
Posts: 15,901
Likes: 4,630
From: North Scottsdale, AZ
'71 Pinto
Read http://www.autoleaseinsider.blogspot...roduction.html , any additional questions can be directed to https://mbworld.org/forums/members/21400-leasecompare.html , check out http://www.leasecompare.com to get an idea what’s out there, and lastly there is a dedicated leasing forum https://mbworld.org/forums/automotive-leasing-financing-73/
Member
Joined: Jun 2007
Posts: 93
Likes: 0
From: Los Angeles, CA
Since I “would” be signing a lease this week...
...If they don’t drastically roll it back, I’ll just pay for it and forget it.
Since my 08 should be ready this week, and goto said his dealer said
that the MB will be “revising” their lease on July 15 (Sun) it’s made
me wonder if I should be checking with some other leasing companies.
But, I don’t know who that would be. Any experience or suggestions?
jimm
==========
In days - ‘08 E350 Sport, P2, Black/black,
Parktronic, Voice, Bluetooth, Burl Walnut,
Split rear seat, Rear mud flaps, nose star
...If they don’t drastically roll it back, I’ll just pay for it and forget it.
Since my 08 should be ready this week, and goto said his dealer said
that the MB will be “revising” their lease on July 15 (Sun) it’s made
me wonder if I should be checking with some other leasing companies.
But, I don’t know who that would be. Any experience or suggestions?
jimm
==========
In days - ‘08 E350 Sport, P2, Black/black,
Parktronic, Voice, Bluetooth, Burl Walnut,
Split rear seat, Rear mud flaps, nose star
A few posts back I remember you saying that you'd like to have your desert first. This coupled by your eagerness to get into the car and all the anticipation, I understand why you're willing to pay more for the car.
When you say "I’ll just pay for it and forget it" worries me because if enough buyers such as yourself cave in, it justifies Merc's decision to be so outrageous.
On the other hand, I would also hate for your ordered car to be snatched up by some uninformed walk-in customer. Try going to your dealer and see if they are willing to work something out.
Tell them you have been informed rates are going to change early next week and don't foresee your self paying $150-$250 more than what you would have paid had your car gotten here a week earlier.
Jimm, this leads me to my next point. When you ordered your car, I assume you put a deposit down, correct? And if so, did the dealer not lock in the rates they had quoted you?
Last edited by gotoschoolhere; Jul 10, 2007 at 01:35 PM.
Super Member
Joined: Sep 2005
Posts: 723
Likes: 32
From: Central Jersey
2003 E500, 2004 G35X
Since I “would” be signing a lease this week, I was wondering who
else offers a good deal in leasing. (But, maybe no one else can offer
as good of lease deal on a MB as MB.)
The new MB lease program - which was posted just this morning -
reflects outrageous rates for the 08s compared to 07s just last week.
Like they’ve lost their mind when you calculate the payments! I won’t
pay the rate they’re offering today! If they don’t drastically roll it back,
I’ll just pay for it and forget it. But so many of you have suggested that
leasing is the way to go when you trade often.
Since my 08 should be ready this week, and goto said his dealer said
that the MB will be “revising” their lease on July 15 (Sun) it’s made
me wonder if I should be checking with some other leasing companies.
But, I don’t know who that would be. Any experience or suggestions?
jimm
==========
In days - ‘08 E350 Sport, P2, Black/black,
Parktronic, Voice, Bluetooth, Burl Walnut,
Split rear seat, Rear mud flaps, nose star
else offers a good deal in leasing. (But, maybe no one else can offer
as good of lease deal on a MB as MB.)
The new MB lease program - which was posted just this morning -
reflects outrageous rates for the 08s compared to 07s just last week.
Like they’ve lost their mind when you calculate the payments! I won’t
pay the rate they’re offering today! If they don’t drastically roll it back,
I’ll just pay for it and forget it. But so many of you have suggested that
leasing is the way to go when you trade often.
Since my 08 should be ready this week, and goto said his dealer said
that the MB will be “revising” their lease on July 15 (Sun) it’s made
me wonder if I should be checking with some other leasing companies.
But, I don’t know who that would be. Any experience or suggestions?
jimm
==========
In days - ‘08 E350 Sport, P2, Black/black,
Parktronic, Voice, Bluetooth, Burl Walnut,
Split rear seat, Rear mud flaps, nose star
MBWorld Fanatic!
Joined: Mar 2004
Posts: 5,017
Likes: 16
From: Ft. Lauderdale Area, USA
2015 ML 350
No dealer is going to sell his car out from under him if he is "unable" to pick it up this week. My dealer had to wait 10 days 'till I came back from Florida & arrange insurance to pick up my car.
Jim, pick it up after they adjust the rates. You can go to the dealership & look at it every day if you need to. The difference in the rates is better spent on Gas! Its only a couple of days! How can you let yourself become the little crying kid at the checkout of a Supermarket crying "I want candy!" to his Mom?
Jim, pick it up after they adjust the rates. You can go to the dealership & look at it every day if you need to. The difference in the rates is better spent on Gas! Its only a couple of days! How can you let yourself become the little crying kid at the checkout of a Supermarket crying "I want candy!" to his Mom?
Last edited by Barry45RPM; Jul 10, 2007 at 02:22 PM.
Trending Topics
Thread Starter
Senior Member
Joined: Apr 2007
Posts: 343
Likes: 0
From: Palm Beach Gardens, Fl
‘08 E-350 Sport, C6 Vette & Harley Davidson
The salesman just called and told me it’s in. I’m meeting with him shortly
to discuss it.
OF COURSE I would wait a few more days if that will mean a lower rate.
Barry I must have given you the idea that I'm a fool.
jimm
Last edited by jimm; Jul 11, 2007 at 07:40 AM.
MB World Stories
The Best of Mercedes & AMG
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun
Verdad Gallardo
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren
Verdad Gallardo
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine
Verdad Gallardo
Flawlessly Restored Mercedes 190E Evo II Heads to Auction
Verdad Gallardo
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know
Verdad Gallardo
Mercedes EQS Gets A Major Update: Everything You Need to Know
Verdad Gallardo
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve
Verdad Gallardo
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping
Verdad Gallardo
10 Most Reliable Mercedes-Benz Models You Can Buy Used
Verdad Gallardo
MBWorld Fanatic!
Joined: Apr 2004
Posts: 1,794
Likes: 3
From: Valley of the Sun, Arizona
2011 E550, 2013 GLK
Member
Joined: Jun 2007
Posts: 93
Likes: 0
From: Los Angeles, CA
MBWorld Fanatic!
Joined: Mar 2004
Posts: 5,017
Likes: 16
From: Ft. Lauderdale Area, USA
2015 ML 350
