Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





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

12357

Comments

  • You're welcome ppap. The residual values for leases with only 12,000 miles per year would be 2% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ed63ed63 Posts: 3
    Car_man,

    Could share what the current money factor and residual are for 2013 cls63 for 10k miles and 36mth?

    Also is conquest still available? Or are there any other incentives? Thanks!
  • Hi ed63. Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 CLS63 with 10,000 miles per year are .00160 and 58% for consumers who qualify for its top credit tier.

    I have heard that the conquest cash certificate program was replaced by new dealer cash certificates for Mercedes' Winter Sales Event. Specifically, there's $2,000 dealer cash certificates out there on the 2013 CLS63 right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • kcsjkcsj Posts: 1
    Hi Carman,

    Can you please give me the residual for 2013 CLS550 for 36 month lease with 10k miles?

    Also what is the money factor for November for top tier.

    Thanks
  • ppapppap Posts: 3
    Hi Carman,

    I am in the market for a 2013 CLS-550 4Matic and continually review your insightful responses to the various message posted on this forum. I've noticed that with respect to questions regarding leases, you refer to the MB "buy rate" lease money factor.

    Specifically, for November 2012, you wrote .00160 (buy rate lease money factor). I've spoken to two different MB dealerships, each of whom told me the "lease rate" money factor is higher (.0019). Is there a difference (if any) between a "buy rate" vs. "lease rate" money factor? Let me know whether you believe there is a miscommunication or perhaps the dealership is trying to sell me on a higher monthly payment.
  • topgun7topgun7 Posts: 409
    each of whom told me the "lease rate" money factor is higher (.0019). Is there a difference (if any) between a "buy rate" vs. "lease rate" money factor?

    Dealer can mark up the buy rate and pocket the difference. In your case, the difference (0.0003) is just another way for dealer to pocket more profit. You can try other dealer in your city or place like Los Angeles (if you are nearby) which typically has the most competitive car dealerships. Depending on how competitive your local market, you may or may not have to accept those mark up.
  • Hi kcsj. Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 CLS550 with 10,000 miles per year are .00160 and 58% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello car_man,
    Greetings! Can you please post the 2013 c63 december lease terms (residual, and mf ) for 36 months,10k when you get a chance? Also can you please find out if this car has a 39 month program at 36 mo rates? Would also be great if you can help set an expectation of msrp in northern ca with premium 1, and multimedia packages, as well as ongoing incentives.

    Thanks a lot!
    car_lease
  • Hi car man,

    Could you please tell me what the money factor and residual would be for a CLS 30 month 15k lease?

    Thank you!
  • Hi CarMan,

    What will be the monthly payment with following variables on 2013 CLS 550
    MSRP - $79,655
    Sale Price - $77,100
    Drive Off - (First Month + $795 acquisition fee + $3,500 cost reduction)
    36 month, 10K/year miles, California, planning to get before new year.

    Thanks.
  • Wow cool name, car_lease. It's almost the same as mine :shades: . Mercedes-Benz Financial's December buy rate lease money factor and residual value for a 36-month lease of a 2013 CLS63 with 10,000 miles per year are .00160 and 58% for consumers who qualify for its top credit tier.

    I'm not sure if the CLS63 is eligible for Mercedes' 39-month "Value Added" lease program. I suspect that it is not, but I don't know for certain.

    This is a fairly low volume vehicle that's a little out of my price range, so I'm really not all that familiar with what the market is like for it right now. I can tell you that it should be eligible for the $2,000 Winter Event Certificates that are out there right now if you can convince a dealer to use one on your deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Happy Holidays brando73. Mercedes-Benz Financial's December buy rate lease money factor and residual value for a 30-month lease of a 2013 CLS 550 with 15,000 miles per year are .00160 and 59% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Let's crunch some numbers, lifescan, and see what we come up with.

    According to my calculations, if you were to lease a 2013 CLS 550 that has an MSRP of $79,655 and a selling price of $77,100 through Mercedes-Benz Financial right now for 36-months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $1,056.

    I worked up a zero down lease on this car for you because it is in your best interest not to make any sort of capitalized cost reduction when leasing. Consumers who make down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. While your monthly payment will be slightly higher, it's much safer to go with a zero down lease.

    If you really wanted to make a $3,500 capitalized cost reduction, it would lower the above payment to around $953.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thank you car man. :) Happy holidays to you!

    I did get a decent deal on a fully loaded c63 with
    performance package etc with a 6.8k reduction in cap cost. I was considering
    it seriously, along with an M3. However an Audi A7 worked out better since
    I was replacing an Audi lease and it had 4 payments left. Audi took the
    other lease early, making the A7 a more economical choice.
  • Hi car_man,

    What are the lease rates -MF and residuals for a CLS550 4matic my2013 for someone with top-tier credit?

    Also, how early. In the month does MBUSA publish their lease rates? The dealers I have been talking to are not able to find a car with the options I am looking for in the nationwide inventory. I'm being told that if I want specific options(specific color, black leather seats, premium pkg, parktronic optional, burl walnut trim, std 18" wheels), i am better off building to order. However, the wild card there is that i am asked to make a security deposit, and that the lease rate can be locked only when MB assigns a VIN to the new car. ...and that the process can take 45days+. I'm OK with waiting,but should I be really putting down a deposit for the car ?

    fYI, The other option which I have ruled out, is to buy from an out of town dealer ( or internet sellers that claim fleet-based rates), but I am asked to bear transport costs. That doesnt appeal to me because of th fear of any damage to the car when in transit
  • I have been bouncing between the 7 series and A8, but came across an awesome CLS at a great deal. Unfortunately, the dealer tried to sell me a money factor that sounded way too high. I've read here that the MF has been .0016, but their MF was .0026...

    Is this a common practice? Are they obligated to come down to the MB financial set rate (assuming it is still .0016...Car Man do you know what the current MF and residual are?) Their residual was 58% which sounds right.
  • doctorg24,

    Based on what I have read in these forums and elsewhere, the dealer actually has some leeway over the MF established by the car company(MB, in this case). So, they could even go lower than 0.0016 to some extent, at their discretion. However, they may not admit to this right away.
  • Thanks for the info...I highly doubt these guys will go below .0016...

    Any thoughts CarMan?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    edited January 2013
    You're very welcome car_lease!

    Sweet car. That's quite a stocking stuffer. You certainly had a happy holiday yourself :) .

    Enjoy your new ride :shades: !

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here you go seattletwins. Mercedes-Benz Financial's January buy rate lease money factor and residual value for a 36-month lease of a 2013 CLS550 4Matic with 15,000 miles per year are .00160 and 55% for consumers who qualify for its top credit tier.

    Mercedes' current lease program is currently scheduled to run through 1/31/13.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.