Lease & Finance rates of new S550
Lease & Finance rates of new S550
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From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
I suggest that this should become a sticky to help members get the best price. Bimmerfest does that for BMW and the deals you can find are enormous.
Even if MB doesn't negotiate too much of the MSRP at the moment, there is a lot of room to negotiate the MF...
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From: McComb MS
2014 Mercedes S550
I heavily considered leasing this new one, but I changed my mind. I just get the feeling that the MF's are gonna be horrible because they are playing off of the hype right now.
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From: CA
09 S550
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From: central pennsylvania
12 CLS550, 09 CLS550, 04Cooper,10 Cooper S
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From: McComb MS
2014 Mercedes S550
The MF is set by MBFinancial, and they decide if they want to give a good lease support structure to the model. If MBF wants to push the sale of a car, they will drop the MF and give dealer incentives. If MBF doesn't think the car needs much push, they will place on it their highest MF. In 2008, the MF on my 221 was horrible, something like 0.00330. Then in late 2009, MBF decided the car needed a boost and MF dropped to 0.00220, and then a few months later 0.00150. Even bumped up residual to 56% in some spots, instead of the generic 51% they'll slap on it.
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Joined: May 2002
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From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
The MF is set by MBFinancial, and they decide if they want to give a good lease support structure to the model. If MBF wants to push the sale of a car, they will drop the MF and give dealer incentives. If MBF doesn't think the car needs much push, they will place on it their highest MF. In 2008, the MF on my 221 was horrible, something like 0.00330. Then in late 2009, MBF decided the car needed a boost and MF dropped to 0.00220, and then a few months later 0.00150. Even bumped up residual to 56% in some spots, instead of the generic 51% they'll slap on it.
The Dealer presents you with an MF that they say is MB's rate. In reality, it is the dealer rate (retail).
Dealers make good money leasing you a car even at invoice price as they keep the difference in the MF. I remember a few months ago the MF for customers with good credit was something like 0.0021 on the SL. The actual buy rate was 0.00095. You do the math!
You can negotiate your lease easily when you know the MF buy-rate since the dealer has no other response to you than "this is how we make money"
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Joined: Jul 2013
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From: McComb MS
2014 Mercedes S550
You are right on the MF with the exception is that most people don't know the buy rate. Think of it as the wholesale price.
The Dealer presents you with an MF that they say is MB's rate. In reality, it is the dealer rate (retail).
Dealers make good money leasing you a car even at invoice price as they keep the difference in the MF. I remember a few months ago the MF for customers with good credit was something like 0.0021 on the SL. The actual buy rate was 0.00095. You do the math!
You can negotiate your lease easily when you know the MF buy-rate since the dealer has no other response to you than "this is how we make money"
The Dealer presents you with an MF that they say is MB's rate. In reality, it is the dealer rate (retail).
Dealers make good money leasing you a car even at invoice price as they keep the difference in the MF. I remember a few months ago the MF for customers with good credit was something like 0.0021 on the SL. The actual buy rate was 0.00095. You do the math!
You can negotiate your lease easily when you know the MF buy-rate since the dealer has no other response to you than "this is how we make money"
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From: Los Angeles
AMG & RR
Lease for a 105-106K S550 will run you about $1800+/month at the moment it seems. Edition one is slightly higher. Sorry do not have MF information as I'm not interested to lease at the moment. However, those of you looking for a good lease, I'd suggest waiting 3-4 months for better lease rates. I hope this info is helpful to you all.
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From: McComb MS
2014 Mercedes S550
Lease for a 105-106K S550 will run you about $1800+/month at the moment it seems. Edition one is slightly higher. Sorry do not have MF information as I'm not interested to lease at the moment. However, those of you looking for a good lease, I'd suggest waiting 3-4 months for better lease rates. I hope this info is helpful to you all.
I knew they would do that.
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From: CA
09 S550
Lease for a 105-106K S550 will run you about $1800+/month at the moment it seems. Edition one is slightly higher. Sorry do not have MF information as I'm not interested to lease at the moment. However, those of you looking for a good lease, I'd suggest waiting 3-4 months for better lease rates. I hope this info is helpful to you all.
Thanks.
MBWorld Fanatic!
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From: Los Angeles
AMG & RR
No, as I mentioned not looking to lease one. I just asked my dealer who I've known forever what the best leases were on the S550 when speaking about ordering one. Obviously those numbers are not set in stone, just thought I'd relay the info for you guys.
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Joined: Jul 2013
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From: McComb MS
2014 Mercedes S550
I believe it. When the lease rates for the 221 first came out, they were horrific. As if they thought people were too caught up in the hype to realize they were getting raped.
Member
Joined: Apr 2003
Posts: 156
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From: MICHIGAN
S550 4matic LE
was told about $1850 per month with about $8k down due at signing.
For a S550 4matic edition 1 - ready for sale now in NJ
what do you think rates will be like in a month or two?
Worth the wait right?
For a S550 4matic edition 1 - ready for sale now in NJ
what do you think rates will be like in a month or two?
Worth the wait right?
Member
Joined: May 2005
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From: CA
09 S550
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From: central pennsylvania
12 CLS550, 09 CLS550, 04Cooper,10 Cooper S
W221 lease rates were crappy for a while. Unless you have a tax write off benefit on a lease, it is better to buy. Especially when the car is so "hot" right now.
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From: McComb MS
2014 Mercedes S550
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From: Midwest
Sd.Kfz 182
I disagree. What if I am not planning to drive the car for more than 3 years? Should I make twice as much payment just to turn it in in 3 years and be even on my trade-in? I`m better off with lower lease payments and in 3 years just turn the keys in do not worry about my cars trade-in value.
Super Member
Joined: Nov 2005
Posts: 768
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From: central pennsylvania
12 CLS550, 09 CLS550, 04Cooper,10 Cooper S
I disagree. What if I am not planning to drive the car for more than 3 years? Should I make twice as much payment just to turn it in in 3 years and be even on my trade-in? I`m better off with lower lease payments and in 3 years just turn the keys in do not worry about my cars trade-in value.
