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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: 38,518
    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: 142
    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
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