Canada - MB Lease Rates for July - 9.65%!?
Thread Starter
Member
Joined: Nov 2008
Posts: 93
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From: Vaughan, ON
2012 C350 2DR Coupe
Canada - MB Lease Rates for July - 9.65%!?
So I was scanning the MB Canada website (http://www.mercedes-benz.ca) in order to see the promotions that are being offered for July.
To my surprise and shock, the lease rates on the GLK are posted @ 9.65%!!! This is almost double what it was for June (5.9%). I started checking the other models, B-class, C-class etc and those were also listed at 9.65%.
Something may be wrong here but I am not sure For those of you taking delivery this month (in Canada), are you aware and have you discussed this with your local dealer yet?
To my surprise and shock, the lease rates on the GLK are posted @ 9.65%!!! This is almost double what it was for June (5.9%). I started checking the other models, B-class, C-class etc and those were also listed at 9.65%.
Something may be wrong here but I am not sure For those of you taking delivery this month (in Canada), are you aware and have you discussed this with your local dealer yet?
Junior Member
Joined: Jul 2009
Posts: 39
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From: Toronto
2010 GLK 350
The rates as of this morning are as follow:
The 2009 B200.
Lease from $298 per month at 2.0% for 36 months. (1)
Finance up to 60 months at 1.0%.
Build your own B-Class.
Find a dealer and book a test drive.
The 2009 C230.
Lease from $398 per month at 3.9% for 36 months. (2)
Finance up to 60 months at 2.9%.
Build your own C-Class.
Find a dealer and book a test drive.
The 2010 GLK350 4MATIC™.
Lease from $498 per month at 5.9% for 36 months. (3)
Finance up to 60 months at 3.9%.
Build your own GLK-Class.
Find a dealer and book a test drive.
The 2009 E300 4MATIC™.
Lease from $598 per month at 1.0% for 36 months. (4)
Finance up to 60 months at 1.0%.
Build your own E-Class.
Find a dealer and book a test drive.
The 2009 ML320 BlueTEC.
Lease from $658 per month at 3.5% for 36 months. (5)
Finance up to 60 months at 2.5%.
The 2009 B200.
Lease from $298 per month at 2.0% for 36 months. (1)
Finance up to 60 months at 1.0%.
Build your own B-Class. Find a dealer and book a test drive. The 2009 C230.
Lease from $398 per month at 3.9% for 36 months. (2)
Finance up to 60 months at 2.9%.
Build your own C-Class. Find a dealer and book a test drive. The 2010 GLK350 4MATIC™.
Lease from $498 per month at 5.9% for 36 months. (3)
Finance up to 60 months at 3.9%.
Build your own GLK-Class. Find a dealer and book a test drive. The 2009 E300 4MATIC™.
Lease from $598 per month at 1.0% for 36 months. (4)
Finance up to 60 months at 1.0%.
Build your own E-Class. Find a dealer and book a test drive. The 2009 ML320 BlueTEC.
Lease from $658 per month at 3.5% for 36 months. (5)
Finance up to 60 months at 2.5%.
Thread Starter
Member
Joined: Nov 2008
Posts: 93
Likes: 0
From: Vaughan, ON
2012 C350 2DR Coupe
Yeah I saw that as well.
When you go through the Configurator to price out the model you want, MB is quoting a 9.65% lease rate...this is where the confusion is coming in...
When you go through the Configurator to price out the model you want, MB is quoting a 9.65% lease rate...this is where the confusion is coming in...
Super Member
Joined: Feb 2009
Posts: 750
Likes: 0
From: Mississauga, ON
GLK 350
I have to look into this, I'm about to take delivery in 3 wks. It can't be 9.68%, forget that, I rather do finance then.
Thread Starter
Member
Joined: Nov 2008
Posts: 93
Likes: 0
From: Vaughan, ON
2012 C350 2DR Coupe
Just had an email exchange with my dealer, he says it "appears" to be a typo and it's still @ 5.9% over 36 months. Let me know what info you get from your dealer...
Super Member
Joined: Feb 2009
Posts: 750
Likes: 0
From: Mississauga, ON
GLK 350
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Thread Starter
Member
Joined: Nov 2008
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From: Vaughan, ON
2012 C350 2DR Coupe
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Super Member
Joined: Feb 2009
Posts: 750
Likes: 0
From: Mississauga, ON
GLK 350
Tell me about it. I was kind of pissed at the whole "...we cannot lock in your rate until you take delivery..." poicy MB has. It would be much more customer friendly if MB locked you in when you sign the deal, *and*, if the rates go down you would be entitled to the lower rate...wonder if it's the same with our US friends...
Thread Starter
Member
Joined: Nov 2008
Posts: 93
Likes: 0
From: Vaughan, ON
2012 C350 2DR Coupe
Looks like the Configurator on the MB Canada website is fixed now as well, it is showing a lease rate of 5.9% for 36 months (again).
It also looks like the security deposit requirements may have been lowered as well, $500 now. Not sure if this is a standard fixed rate or whether it may be dependant on the amount of deposit.
It also looks like the security deposit requirements may have been lowered as well, $500 now. Not sure if this is a standard fixed rate or whether it may be dependant on the amount of deposit.
