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Administrator
Joined: Nov 2001
Posts: 12,263
Likes: 901
From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
MBWorld Fanatic!
Joined: Jul 2013
Posts: 2,591
Likes: 809
From: Toronto, Ont, Canda
go fast grocery getter wagon
exactly 1 yr ago when the 2018 E63S was released around October 2017 in Canada, MBFS listed
36 months
58% residual
18K km/yr
same money factor or 5.9% interest rate
Senior Member
Joined: Feb 2018
Posts: 282
Likes: 56
From: Brampton, Canada
2015 Toyota Corolla LE
I will investigate. Thanks for the info, as always
Administrator
Joined: Nov 2001
Posts: 12,263
Likes: 901
From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
Stateside, we saw 54% for 15k miles in Sept/Oct of 2017 or 58% for 7500 miles per year. They dropped in Q1 of 2018.
So your Canadian adjustments were mirrored or vice a versa.
MBWorld Fanatic!
Joined: Jul 2013
Posts: 2,591
Likes: 809
From: Toronto, Ont, Canda
go fast grocery getter wagon
I printed out the residual info (24 ; 66% and 36 months 58% ) at the time so I have a reference when it's time to sell my car
Former Vendor of MBWorld
Joined: Aug 2017
Posts: 1,949
Likes: 373
MBWorld Fanatic!
Joined: Dec 2008
Posts: 2,169
Likes: 75
From: San Diego
Hyperion's Candy-Coated 4 x 4
Problem is if you try to transfer that lease before its maturity, you have to convince someone to give you money so you effectively get your remaining MSDs back. And I’ve seen time and time again that while people are more than willing to take over a low lease payment, they don’t want to part with money upfront (even if they are told they will get it back) for a used car.
Last edited by Pertplus; Sep 15, 2018 at 12:26 PM.
MBWorld Fanatic!
Joined: Mar 2006
Posts: 4,005
Likes: 711
From: ATLANTA
R Nine T
Acquisition and disposition fees and the Benz rate are just terrible.
I remember giving back CL 500 in 2005 and they sent me a bill for $3000 for a windshield and had a fuzzy picture of a window crack. I want to the dealership where I turned it in and they had in fact bought the car but the people handling the lease turn in we’re still trying to get money out of me for something that didn’t occur as that windshield was undamaged. Had the sales manager call the Benz rep saying no windshield damage and it was their car, why aggressively trying to extort $$.
No more leases for me.
I remember giving back CL 500 in 2005 and they sent me a bill for $3000 for a windshield and had a fuzzy picture of a window crack. I want to the dealership where I turned it in and they had in fact bought the car but the people handling the lease turn in we’re still trying to get money out of me for something that didn’t occur as that windshield was undamaged. Had the sales manager call the Benz rep saying no windshield damage and it was their car, why aggressively trying to extort $$.
No more leases for me.
Former Vendor of MBWorld
Joined: Aug 2017
Posts: 1,949
Likes: 373
Problem is if you try to transfer that lease before it’s maturity, you have to convince someone to give you money so you effectively get your remaining MSDs back. And I’ve seen time and time again that while people are more than willing to take over a low lease payment, they don’t want to part with money upfront (even if they are told they will get it back) for a used car.
Acquisition and disposition fees and the Benz rate are just terrible.
I remember giving back CL 500 in 2005 and they sent me a bill for $3000 for a windshield and had a fuzzy picture of a window crack. I want to the dealership where I turned it in and they had in fact bought the car but the people handling the lease turn in we’re still trying to get money out of me for something that didn’t occur as that windshield was undamaged. Had the sales manager call the Benz rep saying no windshield damage and it was their car, why aggressively trying to extort $$.
No more leases for me.
I remember giving back CL 500 in 2005 and they sent me a bill for $3000 for a windshield and had a fuzzy picture of a window crack. I want to the dealership where I turned it in and they had in fact bought the car but the people handling the lease turn in we’re still trying to get money out of me for something that didn’t occur as that windshield was undamaged. Had the sales manager call the Benz rep saying no windshield damage and it was their car, why aggressively trying to extort $$.
No more leases for me.
