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2013 and earlier-Mercedes-Benz S-Class Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Thanks for the additional information, gs451. The more flexible you are in terms of options, the better bargaining position you are in. You aren't necessarily going to have trouble negotiating an attractive deal on a car that has a specific set of options, but it won't help.

    Let's work up a sample payment on this car and see what we come up with. According to my calculations, if you were to lease a 2010 S550 2WD that has an MSRP of $98,945 and a selling price of $93,580 ($1,500 over invoice) through Mercedes-Benz financial right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $1,552.

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here's the payment on the S400, gs451.

    According to my calculations, if you were to lease a 2010 S400 that has an MSRP of $96,675 and a selling price of $91,470 through Mercedes-Benz Financial right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $1,417.

    I am not familiar with Edmunds' review of this car so I can't help you out there. Sorry.

    Car_man
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  • Hi Car_man,

    What is the MB financial March lease money factor for S400, 3 years, 12000 miles/year?

    Also, heard the MB Financial lease acquisition fee went up to $1195 from $795?

    Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings hybridman1. Here;s the information that you're looking for. Mercedes-Benz Financial's March buy rate lease money factor and residual value for a 36 month lease of a 2010 S400 with 12,000 miles per year are .00227 and 54%, respectively.

    I bet that the person who told you that MB Financial's acquisition fee increased to $1,195 was a dealer. I say this because the official fee is still $795, but dealers are allowed to mark it up by a couple hundred dollars to pad deals.

    Car_man
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  • samspansamspan Posts: 1
    Carman, Mercedes is having their "summer event" and are offerring what appears to be a subsidized lease..

    1399 /month for a 2010 s550 with the P2 package msrp 96000, but it requires 4400 in down payments. is this really a supported lease by mercedes ? is it a good deal for that msrp?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi samspan. Mercedes is indeed providing lease support on the 2010 S550. In fact, it enhanced its lease program on this car for July. It is now advertising a payment of $1,299 per month on this car. This payment assumes a dealer discount of $2,995. Given the fact that this car probably has a spread of around $6,500 between its full MSRP and its dealer invoice price, there is a decent chance that you would be able to negotiate a lower selling price than this, and in turn a lower monthly payment, if you comparison shop some.

    As fas as this car's lease program goes, Mercedes-Benz Financial's July buy rate lease money factor and residual value for a 36 month lease of a S550 RWD with 10,000 miles per year are .00179 and 53%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • storm10storm10 Posts: 175
    Right now, in July, is by far the best leasing program on S400 Hybrid. You can get your payment about $300 lower per month than S550, plus save a lot of money on gas. This car has exactly the same dimensions as S550 and have plenty of power.

    The only other Hybrid in this class is Lexus LS600h, but it does not really compete against Benz. You can see the competition between these models here: Mercedes-Benz S400 Hybrid vs. Lexus LS600h Hybrid. This model offers Luxury and Economy at the same time.
  • Dealer claims that for S-class Mercedes offers either .0017 lease factor or 10K dealer cash - but not both, saying that this is set by Mercedes and not them. Is this true?
  • Hi ellens1. Unfortunately, what you were told is correct. Mercedes does not allow the $10,000 dealer cash to be combined with its special lease program.

    Car_man
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  • A reporter wants to talk with someone who is deciding between a new Lexus, BMW and/or Mercedes. Please email pr@edmunds.com asap with your daytime contact info, your city and state, and the vehicle models currently under your consideration.

    Karen-Edmunds Community Manager

  • mjr26mjr26 Posts: 1
    edited January 2011
    Car man.....there are a few 2010 S550's still on lots despite the fact that 2011's are out. There is 1 particular one (2010 S550 4Matic) I am looking at being sold by a local Mercedes dealer....it has 5,500 miles but has never been titled by dealer. They said they can do a lease on it and gave me a residual of 48% of 36 months....12k miles....and MF of .00330. Is Mercedes still leasing 2010 models? Or could the dealer be using another bank besides Mercedes Financial?

    In other words....if Mercedes Financial is the lease bank on this loan....can you tell me what the current MF and residual is on this 2010 car? I am thinking the dealer might be marking the MF up from what it really is to make a profit but I can't find residuals or MF's for 1 year old cars anywhere...I can only find them for 2011 models. I guess if this dealer is using a different bank than Mercedes Financial....then there really is no way for me to find out the true MF or residual, is there? (meaning I'll have to go by what they say the numbers are).
  • Hey mjr26. Technically one could still lease a 2010 model, however Mercedes is not providing lease support on '10s any longer. Combine that with the low residual values that a '10 would have this late in the model year and you may find that if you want to lease that you will be better off going with a 2011 model.

    I believe that MB Financial's current buy rate standard lease money factor is .00240 for consumers who qualify for its Tier 1 credit tier. The money factor that you were quoted definitely looks high to me.

    Car_man
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  • mm1250mm1250 Posts: 6
    edited May 2011
    Hello Car_man,

    Mercedes is running S-Class 4matic lease during May for $1249/mo on a 39months - 32,5k miles.

    Do you know what residual and money factor is being used to base that rate? I've been having trouble finding dealers willing to honer that lease offer from Benz. Also, would you know residual value for 39k miles?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    I sure do mm1250. Mercedes'Benz Financial's May buy rate lease money factor and residual value for a 39 month lease of a 2011 S550 4Matic with 10,000 miles per year are .00094 and 50%, respectively for consumers who qualify for its top credit tier.

    The residual value for a lease with 12,000 miles per year, 39,000 total, would be 1% lower.

    Car_man
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  • shawn757shawn757 Posts: 115
    Car man,
    Can you post the residual and money factors for S 550 RWD for 2011 june? 15K miles. 27 month term, 39 month and 48 months?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go shawn757. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2011 S550 RWD with 15,000 miles per year are .00072 and 59%, respectively.

    The numbers for an otherwise identical 36 month lease are .00072 and 47%.

    The 48 month numbers are .00072 and 38%.

    If the S550 is eligible for Mercedes' "Value Added" program then you probably will be able to use the 24 and 36 month terms for 27 and 39 month leases.

    Car_man
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  • Hi Car_Man,

    Do you have numbers on a 2012 S350 4matic with Premium package 2 and S400 too? Terms are 24 or 27 months and 10k mi/yr.

    And does it make sense to get those vs the S550? Would it be considerably cheaper since MSRP are relatively closee
  • kblll02kblll02 Posts: 2
    any idea on the 2012 S550 4matic residual values . what are the lease deals in Northern NJ. looking to lease one in the next 30 days
    thx
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi kblll02. Mercedes-Benz Financial's June buy rate lease money factor and residual value for a 36-month lease of a 2012 S550 4Matic with 15,000 miles per year are .00114 and 49%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • Hello CarMan

    Do you know current residual and money factor for S350 Bluetec lease ? I'm interested in 24, 27 or 36 months lease with 10K or 12K miles pre year.

    Thank you.
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