MF Buy Rate
09-12-2018, 04:26 PM
#3
Senior Member
Join Date: Feb 2018
Location: Brampton, Canada
Posts: 282
Received 56 Likes
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50 Posts
2015 Toyota Corolla LE
In Canada, as per lease agreement sent to me on Monday for MY19 E63 S:
36 months
0.00246 MF (unchanged from 2018)
54% residual (down 1% from 2018)
18k KM/year
36 months
0.00246 MF (unchanged from 2018)
54% residual (down 1% from 2018)
18k KM/year
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09-13-2018, 10:15 AM
#10
MBWorld Fanatic!
Join Date: Jul 2013
Location: Toronto, Ont, Canda
Posts: 2,353
Received 668 Likes
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515 Posts
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
09-13-2018, 11:03 AM
#11
Senior Member
Join Date: Feb 2018
Location: Brampton, Canada
Posts: 282
Received 56 Likes
on
50 Posts
2015 Toyota Corolla LE
I will investigate. Thanks for the info, as always
09-13-2018, 11:22 AM
#13
Administrator
Join Date: Nov 2001
Location: THE Orange County, California
Posts: 11,921
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2020 Audi R8 V10, 2016 AMG GTS, 2018 E63S Edition 1, 2018 Porsche GTS Cab, 2012 C63 BS
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.
09-15-2018, 11:04 AM
#16
Former Vendor of MBWorld
09-15-2018, 11:14 AM
#17
MBWorld Fanatic!
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; 09-15-2018 at 12:26 PM.
09-15-2018, 12:21 PM
#18
MBWorld Fanatic!
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.
09-15-2018, 12:26 PM
#19
Former Vendor of MBWorld
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.
