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Mercedes-Benz CLK Class Prices Paid and Buying Experience

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  • i am interested in leasing a 2006 Mercedes 350 Convertible for 36 months with
    comfort package
    premium package
    navigation
    manual transmission preferred, but not a must (are they hard to find?)
    How much per month should I expect to pay with minimum driveoff?
    How much is the minimum driveoff?
    How do I get the best deal and not get screwed when I walk into the dealership?
    Thank you in davance.
  • mak7mak7 Posts: 1
    I don't know anything about leasing any help will be highly appreicaited.

    The dealar is offering me a CLK 350 with
    Heated seat,
    Sun Roof and CD changer. 10K/3000 Down/439 per month/27 months. Is this a fair deal.

    Thanks
    MAK7
  • akaleg08akaleg08 Posts: 2
    Hello All,
    I am proud new owner of a Cadet Blue Mercedes Benz CLK 350 with the Performance package(Sun roof- 6 disk cd changer and much much more) and wood grain steering wheel. I am so excited and believe that I got a good deal.
    Initially I went for the $439 per month for 27 months deal. The catch with this deal is the money that has to be put down( almost $4000 and the millage allowance is 10K per year. For me that wouldn't work. So I opted for 39 months /12Kmiles for 599 per month(plus tax)and I only had to pay $2500 DOD. I got this deal from Mercedes Benz of Buckhead in Atlanta GA. Keep in mind that you must lease through Mercedes Benz Financial and have a Tier 1 credit score to get most of these deals.
  • akaleg08akaleg08 Posts: 2
    Hello All,
    I am reposting my post from another thread about my new CLK 350.
    I am proud new owner of a Cadet Blue Mercedes Benz CLK 350 with the Performance package(Sun roof- 6 disk cd changer and much much more) and wood grain steering wheel. I am so excited and believe that I got a good deal.
    Initially I went for the $439 per month for 27 months deal. The catch with this deal is the money that has to be put down( almost $4000 and the millage allowance is 10K per year. For me that wouldn't work. So I opted for 39 months /12Kmiles for 599 per month(plus tax)and I only had to pay $2500 DOD. I got this deal from Mercedes Benz of Buckhead in Atlanta GA. Keep in mind that you must lease through Mercedes Benz Financial and have a Tier 1 credit score to get most of these deals.
  • smp9smp9 Posts: 8
    Carman - Do you know of any current lease deals/incentives on CLK 350's? I live in the San Diego area if that helps
  • Carman:

    Could you please provide the current residual, money factor and any incentives in place for a 24mo/15k mi/yr lease on a Mercedes CLK500? :P

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi nlproductions. You never mentioned if you want a coupe or a convertible, so I'll provide you with the programs for both. If you were to lease a 2006 Mercedes-Benz CLK500 Coupe through Mercedes-Benz Credit right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be a horrible .00415 and 62%. The numbers for an otherwise identical lease of an '06 CLK500 Convertible should be .00415 and 67%. These money factors assume that you pay a security deposit ad acquisition fee at lease signing and that you qualify for Mercedes-Benz Credit's top credit tier. When negotiating your lease on either of these cars, keep in mind that Mercedes-Benz is currently providing $1,500 dealer cash on them. This money will help you to negotiate an attractive capitalized cost.

    Car_man
    Host
    Prices Paid Forums
  • joezperryjoezperry Posts: 2
    I am looking to buy a CLK350 Conv.

    What should I look for in a lease deal. Cap price, lease factor, residual?

    How does it differ from the E350 programs.

    Thanks
  • ackermanackerman Posts: 12
    Hi Car Man,

    Please update Mercedes CLK 500 Cabriolet Lease Deals available now along with any other incentives available to help negotiations.

    Looking for 36 or 39 month lease, 12K or 15K miles / year.
    Please advise money factors, residual %'s, along with any other insight into this car lease you can offer.

    Thanks,

    Also, trying to get info on leasing new Lexus ES350 Premium Plus with Navigation that has list of $40,999 and don't understand why lease pricing be quoted on Lexus website are highter that MB E Class 350 that cost 10K more.
  • molearymoleary Posts: 9
    Car_Man / KYFDX / or anyone else: Thanks in advance for any help you can provide with my question!

    About six months ago I started shopping for a new CLK to replace my wife's SLK (end of a lease). At the time it appeared that MB was not offering any lease support or decent money factors on the cars and rather than get into what I considered a "bad lease" we extended her current lease by 9 months to get us into the 4th quarter when we understood MB would start loosening the purse strings.

    I thought I would start looking now to see which direction the trend was going...

    My questions are:

    What are the residuals and money factors on a 39/39 month lease (12,000 miles per year) for the CLK 350 and 500 respectively.

    Is there a "sweet spot" with either model in terms of length of the lease or mileage allowance?

    Should we wait until October or November to start working the new deal?

    Thanks again!

    Michael
  • lmmlmm Posts: 70
    MSRP: 67700:
    Negotiated price: 62800
    Money factor: .0042
    Residual: 43350
    Term: 39 months
    1095 first month payment and tax
    No security or down payment

    GOOD DEAL OR NO??

    thanks.
  • That money factor works out to be over 10% interest - I don't know if that is normal for MB leases at this point, but I do know that it is HIGH!
  • I recently spoke to a MB dealer regarding the CLK350 and I was told that rather then leasing now, if I could wait for one month MB would have better lease deals on the car in the beginning of November. Can anyone tell me if this is true? Would anyone be able to tell me what the money factor/residual will be then vs now on a 3yr/12K mile lease?
  • Carman/Anyone,
    Does anyone know the residual percentage/money factor for the CLK350 coupe for either 2 or 3 yr lease with 12K/15K miles for October 2006? Can anyone tell me what they were for Nov. 2005?

    Thanks in advance,
    mrk1975
  • billmvbillmv Posts: 145
    Try this forum. Or just call a few dealers. Usually the 15,000 mile figure is 2% lower than the 12,000 mile number. So get the 12k percentage for both 24 months and 36 months and you should have it. I think the MF is high, though. Like .00345.

    Or you could call the Automotive Lease Guide folks in Santa Barbara, CA and ask them for historical data.

    http://forums.roadfly.com/forums/financing/
  • Thanks billmv!
    Actually, i spoke to a MB dealer yesterday (10/3/06). He informed me that the Oct lease #'s had just come out. For a 27 month/10K mile lease the money factor was .00155 and residual was 67%, i think. I wrote the numbers down yesterday and i think i've remembered them correctly, however, i'll confirm it when i go home tonight.

    Hope that helps everyone!
  • Hi Car Man,

    I am looking into leasing a 07 clk cab. in December. a dealer told me MB usually has an incentive program in Dec., sounds to good to be true. Is this true?

    what can I expect the residual and money rate to be on 12-15m miles @36-39 mo. lease.

    thanks
  • Hello All,
    I was looking for a good deal on a 2005 CLK 500, Brillant Silver, Charcoal interior, AMG package of course. I was looking for a used vehicle and even considered flying out of state and driving it back. But while searching on Autotrader.com I found two 2005 leftovers at a dealship in NY. One black and the other Silver! I made them an e-mail offer of $42k they accepted $43,500. I ran right down and picked up the car! I feel like I got a great deal for a brand new leftover CLK. I purchased the vehicle in July 06 and it had 42 miles on it when I picked it up.
    One thing I wish the car had is the Navigation system, which I was thinking of adding. I was also thinking of looking around for a upgraded after market stereo receiver. But finding something that fits and looks stock may be difficult. Does anyone have a 2005 CLK 500 or newer with the plain (ugly) stereo receiver and upgraded to the Navigation or a better system? Why Mercedes would put such a cheap looking stero receiver in such a nice car is beyond me. The front of the receiver is cheap plastic and seems to get scratched everytime I touch it.. Any suggestions?
  • rdmanrdman Posts: 2
    You're totally right--the standard stereo is ugly and cheap-looking. M-B makes a ton of money on its options and packages, partly because the "base" cars are very poorly-equipped.

    The other bad news (for you) is that your car cannot be upgraded to NAV. Unlike the current E-Class, which needs only a NAV module to be added to the base car (at a cost of around $1800-$2000) by the dealer.

    No one pretends M-B's are good value. I mean, what can you say about a $65K car that doesn't even have a CD changer or heated seats as standard? Wow!
  • Hi Car Man,
    I am planning to lease CLK 350 Cab in 1-2 weeks. Please let me know what should I look in lease? Is there any incentives in next few weeks or months? Howmuch should I pay for 27 months lease with 4000 down or 8000 down? Please let me know with best deal prices and How should I negotiate? For 10K and 12K lease
  • I have not heard anything from you yet. let me know ASAP.
  • Looking at subleasing a 2006 CLK 350, fully loaded 3000 mile on the car. It was originally a 36 month lease, I would take over for 29 months. The lease was for 15k per year. They are looking for 3500 down and 483 per month. Is that a good deal?
  • billmvbillmv Posts: 145
    That works out to $604 a month for a lease where you can drive 1448 miles per month, or 17,379 per year. Probably a pretty decent deal, given what it would take to get that from a MB dealer on a new one.
  • I am looking to lease a 2007 CLK 350 convertible. Does anyone know if there are special lease rates on this car? Also, has anyone recently negotiated a 3 year/ 15k mileage lease recently that could post their deal?
  • I just leased clk 350 conv. 2006, 5k down and 675/month. The only thing missing is nav. I got it at downtown LA motors. see Raj, tell him kaz sent you...good luck...2006 and 2007 are identical. so if your leasing , it should make no difference.
  • Hi all! I just leased December 26, 2006 to be exact :) . A 2007 CLK 350, Black on Black with Premium I Package which includes harmon/kardon sound system, 6-disc CD changer, sunroof, autodimming driver & rearview mirror, and garage door opener and I made sure to get the DVD/Navigational system. This car is a dream come true. I have a 27 month lease program and pay $750.00 monthly :confuse: . I know this sounds like a lot but when you hear the story it's actually a deal. In 2004 I financed a 2003 Toyota Camry LE
    with 3,000 miles for $24,000 with a car note of $470.75. (I will never finance again if I can help it.) I had no choice because my credit was great but not great enough to lease without a cosigner. Anyway, I went to numerous dealers (Infinity and Mercedes) between 2005 and 2006 to see if I could trade in my car all they wanted to give me was between $5,000 and $7,000 down, with nearly $7,000 to $10,000 out of pocket :surprise: !!! No WAY!! No matter which way you look at it I would have been in an upside down lease but, it seems like those previous dealers wanted to put me udside down on my head and empty my pockets LITERALY :( . Nonetheless, I went back to the Mercedes dealer December 21, 2006 with my same 2003 Toyota Camry LE with 32,000 miles and a loan balance of $14,500, it's been in 1 accident and 1 fender bender :sick: Both were to the front. The Kelly Blue Book resale value was $11,100 (being in excellent condition). Mercedes gave me $9,500 for it so in all actuality I had a balance of $5,000. Which they put into my current lease. All in all I came out of pocket $5,000 dollars and a car note of $750 vs. coming out of pocket $7,000 to $10,000 with a car note of $800. This was and still is a wonderful experience. They were very fair with me (keep in mind I am a woman, a minority at that) I have no regrets they were honest with me, and did not try to be sneaky or try to rip me off like some car sales men. They were happy for the business, and I was happy for such a great deal, wonderful experience, their honesy, and I'm driving my dream car. It's about what works for you at the end of the day. ***Also when going to the dealer for a lease DO NOT NEGOTIATE on the sale price of the car, you have to NEGOTIATE ON THE MONTHLY PAYMENTS.*** Alot of people do not know this and the dealer will never tell you this. Bacically, weather the car is $40,000, $50,000, or $60,000 it's a lease, you're not keeping the car so why would you negotiate on the selling price?! No, you negotiate on your monthly payments. Doing research on leases taught me this and when I went to inquire about the car and they tried to tell me the car is this price, but they selling it for a certain price I made sure to tell them that "I'm not here to negotiate with the selling price, I'm here to negotiate on the car note of the car, with a trade in." They were beyond shock, and from then on they did not try to BS me in no way. They were as honest as honest can be. Lastly, you are entitled to see a break down of where all monies will be applied, but you have to request it! Good luck and God Bless. Any questions feel free to email me especially women because for some strange reason some car dealers think we have stupid stamped across our heads thats why we need to stick together. crysewen@aol.com
  • Hi all! I just leased December 26, 2006 to be exact . A 2007 CLK 350, Black on Black with Premium I Package which includes harmon/kardon sound system, 6-disc CD changer, sunroof, autodimming driver & rearview mirror, and garage door opener and I made sure to get the DVD/Navigational system. This car is a dream come true. I have a 27 month lease program and pay $750.00 monthly . I know this sounds like a lot but when you hear the story it's actually a deal. In 2004 I financed a 2003 Toyota Camry LE
    with 3,000 miles for $24,000 with a car note of $470.75. (I will never finance again if I can help it.) I had no choice because my credit was great but not great enough to lease without a cosigner. Anyway, I went to numerous dealers (Infinity and Mercedes) between 2005 and 2006 to see if I could trade in my car all they wanted to give me was between $5,000 and $7,000 down, with nearly $7,000 to $10,000 out of pocket !!! No WAY!! No matter which way you look at it I would have been in an upside down lease but, it seems like those previous dealers wanted to put me udside down on my head and empty my pockets LITERALY . Nonetheless, I went back to the Mercedes dealer December 21, 2006 with my same 2003 Toyota Camry LE with 32,000 miles and a loan balance of $14,500, it's been in 1 accident and 1 fender bender Both were to the front. The Kelly Blue Book resale value was $11,100 (being in excellent condition). Mercedes gave me $9,500 for it so in all actuality I had a balance of $5,000. Which they put into my current lease. All in all I came out of pocket $5,000 dollars and a car note of $750 vs. coming out of pocket $7,000 to $10,000 with a car note of $800. This was and still is a wonderful experience. They were very fair with me (keep in mind I am a woman, a minority at that) I have no regrets they were honest with me, and did not try to be sneaky or try to rip me off like some car sales men. They were happy for the business, and I was happy for such a great deal, wonderful experience, their honesy, and I'm driving my dream car. It's about what works for you at the end of the day. ***Also when going to the dealer for a lease DO NOT NEGOTIATE on the sale price of the car, you have to NEGOTIATE ON THE MONTHLY PAYMENTS.*** Alot of people do not know this and the dealer will never tell you this. Bacically, weather the car is $40,000, $50,000, or $60,000 it's a lease, you're not keeping the car so why would you negotiate on the selling price?! No, you negotiate on your monthly payments. Doing research on leases taught me this and when I went to inquire about the car and they tried to tell me the car is this price, but they selling it for a certain price I made sure to tell them that "I'm not here to negotiate with the selling price, I'm here to negotiate on the car note of the car, with a trade in." They were beyond shock, and from then on they did not try to BS me in no way. They were as honest as honest can be. Lastly, you are entitled to see a break down of where all monies will be applied, but you have to request it! Good luck and God Bless. Any questions feel free to email me especially women because for some strange reason some car dealers think we have stupid stamped across our heads thats why we need to stick together. crysewenaol.com
  • hi all.

    i have a cadet blue 2004 CLK320 with 6900 miles. super clean weekend car. I can post pictures once I get it figured out, but I am in Northern California 20 miles south of San Francisco and this would be a wonderful Steal. if no takers, that is a shame since this is truly a clean car for $35,000. it is brand new-like. Otherwise I WILL TRADE-IN.
    Navigation, 6 disc cd changer moon roof, true luxury.
  • omerfaromerfar Baltimore, MDPosts: 7
    "
    ***Also when going to the dealer for a lease DO NOT NEGOTIATE on the sale price of the car, you have to NEGOTIATE ON THE MONTHLY PAYMENTS.***".

    NO, You always negotiate the price of the car even if you are leasing. The lower the price of the car equal lower monthly payments. Monthly payments can easily be adjusted to meet the customer always.
  • No dear I'm sorry to inform you that you are wrong. Why would you negotiate on the price of a care that you are not going to keep. Further more a carsales man who has been in the business for 32 years told me this. Now don't get me wrong if negotiating with car prices work for you thats fine but for now I'm going to do what worked and what works for me and that would be negotiation the lease price. :) Have a Blessed, Prosperous, and Productive day. :shades:
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